CMK CORPORATIONJP:6958Stock Price

Market cap
¥40.9B
P/E ratio
10.8x
Japan CMK Corporation manufactures and sells high-quality printed circuit boards globally, serving customers across Japan, China, Southeast Asia, Europe and North America.

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Business Overview

Japan CMK Corporation is primarily engaged in the manufacturing and sales of printed circuit boards. Based in Japan, the company conducts domestic manufacturing and sales operations together with CMK Products Corporation, providing high-quality printed circuit boards to meet domestic market demand.

In China, the company operates printed circuit board manufacturing and sales through subsidiaries including Xinsheng Electronics (Hong Kong) Limited and Ximen Kai Electronics (Wuxi) Limited. This strengthens the company's competitiveness in the Chinese market and addresses local customer needs.

In Southeast Asia, CMK ASIA (PTE.) LTD. and CMKM SDN. BHD. engage in manufacturing, sales, and sales support of printed circuit boards. Through business operations in this region, the company expands its market share across Asia.

In Europe and North America, CMK EUROPE N.V. and CMK AMERICA CORPORATION handle sales and sales support of printed circuit boards. This strengthens the company's presence in Western markets and builds a global customer base.

Management Policy

Japan CMK Corporation has established a growth strategy centered on continuing to supply printed circuit boards at the world's highest standards of safety and reliability. Under this vision, the company pursues contributions to society and employee well-being while working to meet stakeholder expectations.

In November 2023, the company reviewed its medium-term management plan and announced a policy to accelerate growth by constructing a new factory in Thailand. Mass production is scheduled to begin in October 2025, positioning the company to meet growing demand for automotive printed circuit boards.

While advancing higher-value automotive products, the company is also focusing on new business areas outside the automotive sector. Notably, it has entered into a contract regarding DPGA substrate patents and is promoting the development of products with superior heat dissipation and lightweight properties.

On the environmental front, the company has formulated a medium- to long-term environmental action plan targeting carbon neutrality by 2050. It is working to increase renewable energy use and reduce CO2 emissions, with plans for its Chinese factory to transition entirely to green power by fiscal year 2026.

Additionally, in response to climate change, the company achieved a B score in the CDP's "Climate Change Report 2024." It is actively advancing initiatives toward the realization of a sustainable society.