MICRONICS JAPAN CO.,LTD. (6871) Stock Price

Market cap
¥409.1B
P/E ratio
38.1x
Japan Micronics develops and manufactures semiconductor measurement instruments and LCD inspection equipment, serving global markets through its subsidiaries.

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Business Overview

Japan Micronics develops, manufactures, and sells semiconductor measurement instruments and semiconductor/LCD inspection equipment as its core business. The company operates through 7 subsidiaries and 1 affiliated company, distributing these products globally.

The company's business is divided into two main segments. The first is the Probe Card business, which primarily handles semiconductor measurement instruments. These products are developed, manufactured, and sold by Japan Micronics itself, as well as by its subsidiaries.

The second segment is the TE business, which primarily handles LCD inspection equipment and semiconductor inspection equipment. LCD inspection equipment is developed, manufactured, sold, and serviced by Japan Micronics and its subsidiaries. Semiconductor inspection equipment is handled entirely by Japan Micronics.

Management Policy

Japan Microsystems' mission is to contribute to society through electronic measurement technology. The company has established a long-term vision: "MJC YOUR Best Partner, MJC Anytime Anywhere." Under this vision, the company aims to be the best partner for its stakeholders and remain a trusted choice anytime, anywhere.

The company's medium-term management plan "FV26" covers through fiscal year 2026 and has been revised upward based on recent business performance and changes in the external environment. In particular, anticipating growth in the memory probe card market, the company is strengthening production capacity and making additional capital investments to prepare for increased demand. This has also led to higher targets for sales and operating profit.

Japan Microsystems aims to achieve growth exceeding market growth rates through aggressive capital investment and research and development. The company views sustainability initiatives and digital transformation promotion as growth opportunities, while strengthening human resource development and organizational capabilities. The company is also working to enhance corporate value and contribute to society through electronic measurement technology.

In the probe card business, the company aims to maintain the overwhelming number one market share through enhanced production capacity for memory probe cards and new technology development. For non-memory probe cards, the company seeks to expand market share through new product launches and build new customer relationships through enhanced customer support.

In the TE business, the company secures stable revenue sources through growth in the connector business and creates new value with new products for semiconductor testing. The company is enhancing customer service and aims to establish field support as a third revenue stream.

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