TESEC Corporation (6337) Stock Price

Market cap
¥15.6B
P/E ratio
29.9x
Tesec manufactures semiconductor inspection equipment including handlers and testers, serving the global semiconductor industry through subsidiaries in North America, Asia, and China.

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Business Overview

Tesec manufactures and sells semiconductor inspection equipment as its primary business. The company develops, manufactures, and sells handlers, testers, and related components, while also providing after-sales service. Through these offerings, Tesec supports quality assurance and operational efficiency in the semiconductor industry.

TESEC, INC., a consolidated subsidiary of Tesec, handles sales of Tesec products and after-sales service. This strengthens customer support in the North American market and enables rapid response to customer needs.

TESEC(M)SDN.BHD. is also a consolidated subsidiary of Tesec and similarly provides sales and after-sales service for Tesec products. This enhances Tesec's presence in the Asian market and addresses regional customer requirements.

Taisai International Trading (Shanghai) Co., Ltd. is responsible for sales of Tesec products and after-sales service in the Chinese market. This enables Tesec to provide prompt and efficient support to customers in China.

Reikoon Denki Co., Ltd. develops, manufactures, and sells semiconductor measurement instruments while providing after-sales service. As a subsidiary, this company leverages Tesec's technical expertise to contribute to product quality improvement.

Management Policy

Tesec manufactures and sells semiconductor inspection equipment, supporting quality assurance and operational efficiency across the industry. The company has formulated its medium-term management plan "Enjoy2.1" for fiscal years 2025–2027 and is advancing its growth strategy. This plan pursues sustainable growth through foundational and business strategies.

As foundational strategies, Tesec aims to standardize and streamline production processes to enhance supply stability. The company is also strengthening sales capabilities and proposal quality centered on customer satisfaction, and driving innovation in business processes through digitalization. Additionally, it is focusing on developing globally capable talent and restructuring its organizational framework.

In its business strategy, Tesec is building value-oriented business models and comprehensive solutions in the tester segment. The company seeks to strengthen partnerships with partner companies and establish technological and cost advantages. It is also pursuing aggressive expansion into overseas markets and enhancing application responsiveness.

In the handler segment, Tesec maintains stable transactions with existing customers while developing new markets. By introducing next-generation handlers to market, the company aims to strengthen product competitiveness and create synergies through coordination with the tester business, thereby enhancing value.

To realize management that is mindful of capital costs and stock price, Tesec allocates resources to balance growth investments with stable dividends. The company is executing strategic investments based on a medium- to long-term perspective and restructuring its dividend policy. It is also introducing rolling plans and enhancing investor relations to achieve transparent management.

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