TOMEN DEVICES CORPORATION (2737) Stock Price

Market cap
¥82.3B
P/E ratio
10.3x
Tomen Devices, part of Toyota Tsusho Corporation, specializes in buying and selling Samsung Group semiconductors and electronic components in Japan and overseas.

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Business Overview

Tomen Devices forms a corporate group together with its parent company Toyota Tsusho Corporation, four subsidiaries, and one affiliated company. The company and its subsidiaries primarily engage in the buying and selling of semiconductors and electronic components. Toyota Tsusho, as a general trading company, operates across eight business domains supported by a corporate division, conducting diverse business activities.

Tomen Devices was established by separating and spinning off the Samsung Group semiconductor sales division from Nexti Electronics Corporation. Since its establishment, the company has primarily handled semiconductors and electronic components from the Samsung Group. In contrast, Nexti Electronics mainly handles products from foreign semiconductor manufacturers other than the Samsung Group.

Tomen Devices procures and sells products from the Samsung Group domestically in Japan, while its subsidiaries procure and sell Samsung Group products overseas. Through this structure, the company conducts business both domestically and internationally. Principal products handled include memory, system LSI, displays, and other electronic components.

Specific products handled include DRAM, NAND FLASH, and SSD in the memory category. System LSI products include SoC, DDI, CIS, and PMIC. In the display sector, LCD and OLED are the primary products. Other products handled include LED, MLCC, batteries, and equipment.

Management Policy

Tomen Devices is committed to contributing to customers and society through the provision of cutting-edge technology and global partnerships. The company leverages its strong relationship with the Samsung Group while pursuing synergies with the Toyota Tsusho Group to deliver customer-focused services.

Under its medium-term management plan established in April 2023 (April 2023–March 2026), the company recorded special losses in the first year but achieved the second-highest sales and net profit on record in the fiscal year ending March 2025. For the final year ending March 2026, the company is working toward its quantitative targets while anticipating impacts from U.S. trade policies and market conditions.

To address rapid technological innovation, globalization, and climate change, Tomen Devices is advancing business restructuring and developing new business opportunities both domestically and internationally. The company is particularly focused on strengthening its generative AI server business and automotive business, offering comprehensive solutions featuring cutting-edge products.

The company is expanding its product lineup and capabilities centered on Samsung Group products while building a structure capable of technical and quality support. It is also leveraging overseas bases and logistics functions to strengthen support systems both domestically and internationally, aiming to provide optimal solutions from a customer perspective.

The company is also strengthening its ESG (environmental, social, and governance) initiatives, focusing on supplying semiconductors and electronic components toward realizing a low-carbon society, promoting diversity, respecting human rights, and establishing governance frameworks. Through these efforts, the company aims to contribute to a sustainable society and enhance corporate value.

Tomen Devices pursues business operations aligned with SDG targets to mitigate business risks and create new business opportunities. The company has established a Sustainability Promotion Committee to ensure rapid response to critical management issues.

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