(3444) Stock Price

Market cap
¥10.5B
P/E ratio
64.3x
Kikuchi Manufacturing produces prototypes, molds, and mass-production products for precision equipment and automotive industries, while developing innovative care-assistance robots and wearable assist suits.

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Business Overview

Kikuchi Manufacturing is primarily engaged in the manufacturing of prototype and mass-production products, mold fabrication, and the manufacture of care-assistance and industrial robots. These operations are conducted through the company and its 8 consolidated subsidiaries, along with 5 affiliated companies accounted for using the equity method. Kikuchi Manufacturing leverages its core competencies in mold design and fabrication, sheet metal processing, machining, molding, and press processing, which it has developed since its founding.

In the Prototype and Mold Products segment, the company designs and manufactures prototype products and molds for customers in precision equipment, electrical equipment, and automotive parts manufacturing. Kikuchi Manufacturing and its overseas subsidiary KOREA KIKUCHI CO., LTD. produce a diverse range of prototype products through integrated design processes. To respond to technological innovation and shortened product lifecycles, the company continues to enhance its capabilities in precision processing and multi-material fabrication techniques.

In the Mass-Production Products segment, the company manufactures mass-production products for precision equipment, electrical equipment, and automotive parts manufacturers. Kikuchi Manufacturing and its overseas subsidiaries KIKUCHI (HONG KONG) LIMITED and Dongguan Kikuchi Metal Products Co., Ltd. leverage expertise developed through prototype and mold operations, utilizing precision press processing and other advanced manufacturing techniques.

In the Robots and Equipment segment, the company advances the development and commercialization of wearable assist suits, drones, and walking support robots through collaborative development with universities and affiliated companies. The company has also established a comprehensive framework to provide development, prototyping, demonstration, mass production, and sales support services for startups, promoting contract development, manufacturing, and sales.

As other business operations, the company provides radiation dose measurement services related to the accidents at the Fukushima Daiichi and Fukushima Daini Nuclear Power Plants following the Great East Japan Earthquake. Through these radiation measurement services, the company contributes to the local community.

Management Policy

Kikuchi Manufacturing pursues a growth strategy focused on business expansion across diverse sectors. The company plans to enter hobby-related markets, semiconductors, 5G-compatible technologies, mobile and wearable devices, and environmental, energy-efficient, and renewable energy fields. This approach aims to strengthen competitiveness in new markets and expand revenue opportunities.

The company prioritizes reducing lead times and manufacturing costs through process improvements. Leveraging its technical expertise and equipment capabilities, Kikuchi Manufacturing is exploring opportunities in machining and mold manufacturing. Additionally, it is strengthening partnerships with major manufacturers and promoting OEM project development both domestically and internationally.

In the service and support robotics sector, the company provides comprehensive business support including development, prototyping, and mass production manufacturing assistance, as well as fundraising, sales, and maintenance services. This positions Kikuchi Manufacturing as a comprehensive business enabler and enhances corporate value.

To strengthen competitiveness, Kikuchi Manufacturing reinforces its integrated manufacturing capabilities through an "end-to-end unified system" and pursues digitalization and remote operations. The company improves rapid and accurate information gathering and technical standards to differentiate itself from competitors.

Human resource development is a key priority, with career advancement-focused programs in place. The company strengthens its talent foundation through cultivating business producers with diverse expertise and leveraging senior workers to support sustainable growth.

To address technological innovation, Kikuchi Manufacturing implements new processing technologies and high-precision manufacturing equipment. These investments enable shorter lead times and develop competitive technical capabilities.

For new business creation, the company strengthens partnerships with startups in the service and support robotics sector. It focuses on product manufacturing and quality assurance systems by leveraging high-precision manufacturing and electrical control technologies.

Kikuchi Manufacturing also pursues sustainable management aligned with the SDGs, aiming to create technology that reduces environmental impact. The company promotes governance strengthening, health-conscious management, and work style reforms, positioning itself as a trusted corporate partner.

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