JAPAN ELECTRONIC MATERIALS CORPORATION (6855) Stock Price

Market cap
¥85B
P/E ratio
19.8x
Japan Electronic Materials Corporation develops and manufactures semiconductor inspection components and electron tube components used worldwide through nine subsidiaries.

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Business Overview

Japan Electronic Materials Corporation primarily develops, manufactures, and sells semiconductor inspection components and electron tube components. The company operates through nine subsidiaries, and these products are used worldwide.

In the semiconductor inspection components business, the company provides cantilever-type probe cards and advanced probe cards. Specifically, these include C-type probe cards (CE series), V-type probe cards (VT, VS, VE series), and M-type probe cards (MC, ML, MT series).

In the electron tube components business, cathodes and filaments are the main products. These products are primarily handled by Japan Electronic Materials Corporation, establishing the company as an important player in the electron tube components market.

Japan Electronic Materials Corporation's subsidiaries include Gem America, Gem Hong Kong, Gem Taiwan, Gem Europe, Gem Shanghai, Gem Thailand, and Gem Shenzhen. These subsidiaries support the company's business operations across each region.

Management Policy

Japan Electronic Materials Corporation is guided by a management philosophy of contributing to society through technological innovation, with emphasis on transparent business operations and the creation of new value. The company has established management policies centered on global business expansion and environmental protection, aiming to enhance corporate value.

The company has formulated a medium-term management plan covering fiscal years 2024 through 2026, pursuing a growth strategy in anticipation of semiconductor market expansion. Specifically, it will strengthen the development and supply of probe cards, and improve product competitiveness and production capacity through aggressive capital investment and digital transformation initiatives.

Japan Electronic Materials has set targets for fiscal year 2026 of consolidated net sales of 30,000 million yen and consolidated ordinary profit of 5,000 million yen. The company has established key performance indicators of consolidated ordinary profit margin of 10% or higher and ROE of 10% or higher to demonstrate stable earnings capacity, thereby pursuing sustainable growth.

The company aims to maintain and grow market share by strengthening customer support both domestically and internationally and expanding overseas sales. It also positions sustainability as a critical management priority and is working to enhance corporate value.

As priority initiatives, the company will advance performance improvements in M-type probe cards and develop next-generation semiconductor probe cards, while strengthening sales activities leveraging overseas bases. It will also promote value enhancement through technological innovation and advancement of risk management practices to achieve sustainable growth.

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