DAISHINKU CORP.JP:6962Stock Price

Market cap
¥20.5B
P/E ratio
67.7x
Taisinku manufactures quartz electronic components from raw synthetic quartz to finished oscillators for global customers through 13 subsidiaries worldwide.

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Business Overview

Taisinku is a corporate group composed of 13 consolidated subsidiaries and operates as a single-business company manufacturing and selling quartz-applied electronic components. The company is a comprehensive manufacturer of quartz devices, producing and selling electronic components ranging from raw materials such as synthetic quartz to standard quartz oscillators, tuning fork-type quartz oscillators, and quartz-applied products.

In Taisinku's quartz product business, the company manufactures and sells products directly, while also outsourcing manufacturing to consolidated subsidiaries including PT.KDS INDONESIA, Tianjin Taisinku Co., Ltd., Kyushu Taisinku Co., Ltd., and Jiagao Electronics Co., Ltd. Additionally, Jiagao Electronics Co., Ltd. manufactures and sells products in-house while outsourcing production to Jiagao Electronics (Dongguan) Co., Ltd. and HARMONY ELECTRONICS (THAILAND) CO., LTD.

Overseas sales are primarily handled by six sales subsidiaries including Taisinku (Hong Kong) Co., Ltd. Through this structure, the company pursues global market expansion and provides products to a wide range of customers.

Management Policy

Daishin Vacuum is marking its 60th anniversary by establishing a "10-Year Long-Term Management Plan" centered on seven core strategies called "OCEAN+2 Strategy." This plan aims to leverage the company's technological and corporate capabilities to establish itself as an industry leader. In particular, the company is advancing single-source supply of IC-integrated products and cost reduction, centered on the Arkh series.

The long-term management plan is divided into three phases, with the "Foundation Establishment Phase" beginning in 2024. During this phase, the company will respond to expansion in the crystal device market, target record-high profits, and set a goal of 8% or higher ROE. The company will also conduct management with awareness of capital costs to enhance corporate value.

Daishin Vacuum is advancing product innovation through mass production of synthetic quartz for 6-inch wafers and expanding the Arkh series lineup. The company is also introducing a pilot line for next-generation fully automated production and implementing productivity improvements through digital transformation. These efforts will strengthen competitiveness and achieve stable supply and environmental compliance.

The company is reviewing its market portfolio to reduce dependence on the Chinese market. Additionally, it is building a stable supply system for timing devices essential to IoT society and strengthening initiatives toward carbon neutrality. Through these measures, the company aims to create new value and pursue sustainable growth.