AIRTECH JAPAN,LTD.【JP:6291】Stock Price

Japan Air Tech designs, manufactures, and services clean air systems primarily for the semiconductor, electronics, and biological industries. The company operates as a single business segment and has a related company in China called Suzhou Antai Air Technology Co., Ltd.

Suzhou Antai Air Technology Co., Ltd. receives clean air system technology from Japan Air Tech and manufactures and sells clean air equipment. Through this partnership, the company serves international markets.

Japan Air Tech's main products include panel-type cleanrooms, air showers, clean air ovens, pass boxes, and clean storage cabinets. These products address diverse needs in cleanroom equipment.

The company also provides aluminum and steel clean booths, clean benches, and bio clean benches. These products are designed primarily for use in biological applications.

Installation and maintenance services are an important part of the business, including equipment delivery, installation, maintenance services, and supply of air purification equipment parts. The company also handles HEPA filters and other components.

Other products include draft chambers, dust-free cleaning equipment, and asbestos control equipment. These are used to ensure safety in specific environments.

Clean supply products include dust-free garments, wipes, clean paper, protective clothing, and masks, which contribute to maintaining clean environments. These products are used across various industries.

Japan Air Tech is a specialized manufacturer of clean air systems pursuing sustainable growth. Under its purpose "Supporting the future with clean air," established in 2022, the company continues to create products tailored to customer needs by leveraging its technological capabilities. The company actively pursues ESG and SDGs initiatives, aiming to realize a sustainable society from both environmental and social perspectives.

The company's medium-term management plan (fiscal 2024 through 2028) outlines several growth strategies. First, it aims to increase the sales ratio of standard and semi-standard products from 60% to 80% by 2028. Additionally, the company seeks to differentiate itself from competitors and escape price competition, thereby enhancing brand value.

Japan Air Tech is advancing globalization by strengthening partnerships with Southeast Asian partners and targeting expansion into Western markets. The company is also aggressively entering new markets, aiming for market expansion in the electronics and biological fields where demand for clean air systems is growing.

The company is committed to shareholder returns, planning to increase its dividend payout ratio from the conventional 30% to a total return ratio of 65% or higher. In fiscal 2024, the company set dividends at 50 yen per share and implemented share buybacks, achieving a total return ratio of 79.3%. The company is also advancing sustainability management, leveraging clean air system technology to address social challenges and contribute to realizing a sustainable society.

Japan Air Tech is capturing demand in the electronics industry, primarily semiconductors, and responding to CO2 reduction needs through EV-related investments and energy efficiency initiatives. By 2028, the company targets net sales of 18 billion yen, operating profit of 1.4 billion yen, and ordinary profit of 1.8 billion yen, aiming for ROE of 7% or higher. Through these strategies, the company is pursuing sustainable growth and enhanced corporate value.