Mitsui High-tec, Inc. (6966) Stock Price

Market cap
¥131.6B
P/E ratio
17.4x
Mitsui High-tec makes precision molds, machine tools, and components for semiconductors and electric motors, serving automotive and electronics industries worldwide.

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Business Overview

Mitsui High-tec is a manufacturer and distributor of molds, machine tools, electronic components, and electrical components. These operations are conducted by the company and its 15 consolidated subsidiaries. Specific products include press molds, surface grinders, lead frames, and motor core products.

The company operates three business segments. The molds and machine tools segment provides press molds and surface grinders. These products are used in industries requiring precision machining.

The electronic components segment manufactures lead frames. Lead frames serve as a critical component in semiconductor packages and contribute to improved performance in electronic devices.

The electrical components segment handles motor core products. Motor cores are essential components that enhance the efficiency of electric motors and are widely used in automobiles and home appliances.

Mitsui High-tec operates globally with bases in Japan, Asia, the Americas, and Europe. Subsidiaries in each region manufacture and sell products tailored to their respective markets.

Management Policy

Mitsui HiTec aims for sustained growth and enhanced corporate value by advancing product development using ultra-precision machining technology. The company views growth in the electric vehicle and semiconductor sectors as key business expansion opportunities and is focusing on strengthening competitiveness in these fields.

The company is expanding its supply capacity for electric vehicle motor cores and leveraging its integrated production system—from mold design to product delivery—to differentiate itself from competitors. Additionally, it seeks to expand synergies across business units and locations to grow the overall group business scale.

Over the medium to long term, under the slogan "Creating a better future through ultra-precision machining," the company is expanding the supply of products that contribute to the adoption of environmentally responsive technologies. It also aims to enhance corporate value through advance investments to capture growth opportunities in the electric vehicle market and through sustainability management.

For the fiscal year ending January 2028, the company has set medium-term targets of 310 billion yen in revenue, 23.5 billion yen in operating profit, and ROE of 12% or higher. Through these targets, the company aims to achieve sustainable growth and fulfill its social responsibilities.

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