MIMAKI ENGINEERING CO.,LTD. (6638) Stock Price

Mimaki Engineering develops, manufactures, and sells industrial inkjet printers and cutting plotters as its core business. The company operates globally across multiple regions through 25 consolidated subsidiaries and 3 other affiliated companies.

Mimaki Engineering's business is organized by end-user market segments. In the signage graphics market, the company offers the JV Series inkjet printers with eco-solvent ink, the CJV Series with print-and-cut capability, and the UJV/UCJV Series with UV-curable ink. These products are used for large-format posters and vehicle wraps.

For the industrial products market, Mimaki provides the JFX Series large-format flatbed inkjet printers with UV-curable ink and the UJF Series desktop flatbed UV inkjet printers. These are used for novelty items and industrial product production. The company also manufactures and sells 3D printers.

In the textile and apparel market, Mimaki offers the TS Series sublimation transfer inkjet printers and the Tx Series direct-to-fabric inkjet printers. These are used for printing on fashion wear and sportswear fabrics.

Additionally, the company operates in factory automation equipment, circuit board assembly equipment, and semiconductor manufacturing equipment businesses, which are handled by the Alphadesign Group.

Other business segments include manufacturing, sales, and services for products that do not fall into the above categories. Through this diverse portfolio, Mimaki Engineering provides products and services that address varied market needs.

Mimaki Engineering aims to be a "development-driven company" that leverages proprietary technology to supply its own branded products to global markets. The company prioritizes customer satisfaction and rapid product delivery as core principles. It also seeks to serve as an innovator that brings "newness and differentiation" to the market, while fostering a corporate culture where employees can maximize their individuality and capabilities.

The company has formulated a medium- to long-term growth strategy called "Mimaki Innovation 30," with the fiscal year ending March 2030 as its final target year. Under this strategy, the company aims to achieve sales of 150 billion yen while maintaining stable profitability. It pursues growth in core businesses and improved gross margins, with the goal of maintaining annual sales growth of 10% or higher through continuous new product launches.

Expansion into new domains is also a key part of the strategy. The company aims to drive evolution in high-viscosity applications, flexible organic EL sheets, and 3D printer businesses, positioning these as new growth pillars. It has also launched a second brand, "Mimaki Lameccanica," to expand into printer peripheral equipment.

The company emphasizes establishing a technology development management structure and expanding human capital. It is advancing operational efficiency through AI and digital transformation while building a competitive development organization. It aims to deepen company-wide specialized education and foster the creation of innovators capable of delivering new value.

As key initiatives under "Mimaki Innovation 30," the company continues to advance applications of inkjet and printing technologies into new domains. Particularly in the signage graphics market, industrial products market, and textile and apparel market, it is deploying innovative product strategies to strengthen competitive advantages.

Through the provision of digital on-demand print solutions, the company pursues sustainable growth. By responding to market changes and delivering products and services based on proprietary technology, it is establishing leadership in the industrial printing market.