USHIO INC.【JP:6925】Stock Price

Ushio Inc. operates primarily through four business segments. First, the Industrial Process segment provides exposure lamps, optical equipment lamps, exposure systems, and curing equipment. This segment involves Ushio Inc. itself, Adtec Engineering, Ushio Lighting, and other affiliated companies.

Second, the Visual Imaging segment handles cinema lamps, digital cinema projectors, and general-purpose video projectors. Key affiliated companies include Ushio Lighting, Gebexa, and Christie Digital Systems.

The Life Science segment provides environmental sanitation products and ultraviolet treatment equipment. In this field, Ushio Inc. and USHIO GERMANY GmbH play primary roles.

The Photonics Solution segment focuses on solid-state light sources. Related companies include Necsel Intellectual Property and USHIO GERMANY GmbH.

As other operations, the company also provides power supply equipment and engages in real estate leasing. These operations involve Ushio Inc. and other affiliated companies.

Ushio Inc. has announced a new growth strategy called "Revive Vision 2030" with a target horizon of 2030. The strategy divides into two phases: Phase I from fiscal year 2024 to 2026, and Phase II from fiscal year 2027 to 2030, with the goal of improving return on equity (ROE). Specifically, the company aims to achieve ROE of 8% or higher by fiscal year 2026 and ROE of 12% or higher by fiscal year 2030.

At the core of this growth strategy is concentrated investment in the Industrial Process business. Ushio Inc. is concentrating growth, development investment, and resources in this sector, positioning its exposure equipment business related to semiconductor advanced packaging as a key growth driver. The company is expanding its full lineup of exposure equipment to meet increasing demand driven by advances in AI and IoT.

As a financial strategy, Ushio Inc. is pursuing capital optimization to improve ROE. Specifically, the company is improving asset efficiency and reallocating capital through the sale of securities. Additionally, the company is working to compress capital through dividends and share buybacks, aiming to improve both ROE and price-to-book ratio (PBR).

Ushio Inc. is also strengthening its ESG management practices. The company is working to reduce environmental impact through energy conservation and waste reduction, while also strengthening corporate governance and compliance systems. These efforts aim to ensure stable business continuity and enhance corporate value.

Furthermore, Ushio Inc. is advancing human capital strategy through reskilling and talent development initiatives. In particular, the company is developing talent to concentrate resources in the Industrial Process business, its priority sector. This approach aims to improve operational efficiency and achieve sustainable growth.