ESTIC CORPORATION (6161) Stock Price

ESTIC manufactures and sells nut runners, hand nut runners, servo presses, and screw fastening systems. These products are primarily supplied to automotive manufacturers and automotive parts suppliers for use in fastening screws during assembly processes. ESTIC also provides repair and inspection services for its products.

ESTIC's group companies include ESTIC (THAILAND) CO.,LTD., ESTIC AMERICA, INC., and SHANGHAI ESTIC CO.,LTD. These companies sell ESTIC's products in their respective regions and provide installation, repair, and related services. In particular, SHANGHAI ESTIC CO.,LTD. also manufactures and sells screw fastening systems for the Chinese market.

A nut runner is a tool composed of an AC servo motor, sensors, and a controller that optimally manages screw fastening. A hand nut runner is a handheld version of the nut runner that operators hold directly in their hands. This allows fastening precision to be maintained while reducing reaction force.

A servo press is a press machine that applies nut runner technology, using an AC servo motor as its power source and converting motion to linear movement through a ball screw. Compared to conventional press machines, it enables reduced energy consumption and high-precision control, and is used for press-fitting, riveting, and punching operations.

A screw fastening system is a custom-designed and manufactured automated machine that incorporates nut runners based on customer specifications. It is primarily used in assembly processes for automobiles and automotive parts, and may also include the design and manufacture of peripheral equipment such as automatic bolt feeding devices.

Estic is pursuing several strategies to achieve growth in the global market. The company aims to accurately understand worldwide customer needs and achieve 100% customer satisfaction. It is focusing on developing new products and upgrading existing ones, with particular emphasis on expanding sales overseas to establish its position as a global company.

The company prioritizes management based on revenue, operating profit margin, and overseas sales ratio. It places particular importance on business growth and profit generation in overseas markets, with management decisions guided by these metrics. Through this approach, the company aims to achieve sustainable growth and establish a stable revenue foundation.

The medium-term management plan focuses on expanding service bases for global market sales, developing new products, expanding business domains through strategic partnerships and acquisitions, and enhancing shareholder value. Through these initiatives, Estic aims to realize long-term growth.

Estic is closely linked to capital investment in the automotive industry, making it essential to establish global sales systems, service and maintenance systems, and production systems. The company is advancing aggressive overseas investment while balancing profit generation with investment in overseas operations.

Additionally, the company is focusing on developing overseas markets through organizing and training overseas distributors. It is strengthening legal compliance, corporate governance, risk management systems, and internal control frameworks to pursue sound and efficient management. The company is also monitoring cost increases resulting from inflation.