W-SCOPE Corporation (6619) Stock Price

Market cap
¥13.5B
P/E ratio
-2.8x
Double Scope manufactures safety-enhancing separators for lithium-ion batteries, serving battery makers across Asia, Europe, and the United States.

Price and Volume

Market Cap

Subscribe to premium to access
Market Cap.

Check pricing

PER

Subscribe to premium to access
PER.

Check pricing

PBR

Business Overview

Double Scope's primary business is the manufacturing and sale of separators for lithium-ion secondary batteries. The company group consists of Double Scope, its consolidated subsidiaries W-SCOPE KOREA CO., LTD. and W-SCOPE HONGKONG CO., LIMITED, and equity method affiliates W-SCOPE CHUNGJU PLANT CO., LTD. and LIB Material Investment Fund 1.

The main materials for lithium-ion secondary batteries include positive electrode materials, negative electrode materials, electrolytes, and separators. Double Scope specializes in separator manufacturing among these components. Separators play a critical role by isolating the positive and negative electrodes of a battery while maintaining lithium-ion conductivity.

The company's separators use polyolefin microporous membranes and feature shutdown characteristics that safely halt battery function during abnormal heat generation. This enhances battery safety.

Double Scope's products serve lithium-ion secondary battery manufacturers primarily in Asia, Europe, and the United States. Manufacturing is conducted mainly at W-SCOPE KOREA CO., LTD. and W-SCOPE CHUNGJU PLANT CO., LTD., supplying products to Asian and European markets.

Research and development activities are conducted in the development divisions of W-SCOPE KOREA CO., LTD. and W-SCOPE CHUNGJU PLANT CO., LTD. The company is advancing technological innovation through development of ultra-thin membranes, high heat-resistant separators, and new membrane films.

Management Policy

Double Scope pursues growth strategy centered on manufacturing and selling lithium-ion battery separators. In particular, the company is developing new applications and entering new fields utilizing membrane technology to respond to changes in the electric vehicle (EV) market. Through these efforts, the company aims to achieve business growth and strengthen its financial foundation while enhancing investor engagement.

The company is strengthening sales activities to diversify its customer base and expand new customers. Moving away from dependence on major customers, the company is advancing diversification of customers and applications to respond to changing market conditions. Additionally, to mitigate business risks, the company is actively expanding into new fields such as ion exchange membrane business by leveraging membrane technology.

Capital procurement is positioned as an important priority. As a capital-intensive industry, the company requires substantial funding. To continue investment in manufacturing equipment and research and development, the company is working to strengthen its financial foundation. The company is also improving production capacity by upgrading existing equipment to respond to declining sales prices.

Toward sustainable growth, Double Scope promotes ESG management. The company positions environmental conservation and social contribution as core management principles and is developing environmentally friendly products utilizing membrane technology. Through its ESG Committee, the company is strengthening information sharing and awareness activities within the group to pursue sustainable growth.

AI Chat