WAIDA MFG.CO.,LTD.【JP:6158】Stock Price

Waida Manufacturing develops, manufactures, sells, and services CNC grinding machines primarily for the mold-related and cutting tool-related industries. The company operates through Waida Manufacturing as the parent company and three consolidated subsidiaries, with a focus on manufacturing and selling machine tools.

Waida Manufacturing's consolidated subsidiaries are Waida Precision Co., Ltd., WAIDA Europe GmbH, and WAIDA AMERICA INC. Waida Precision Co., Ltd. handles manufacturing and sales of machine tools, while WAIDA Europe GmbH and WAIDA AMERICA INC. are responsible for sales promotion and after-sales support in Europe and North America, respectively.

The company's products are divided into two categories: mold-related grinding machines and cutting tool-related grinding machines. Mold-related grinding machines include form grinding machines and jig grinding machines, used for high-precision grinding of precision mold components and mechanical parts. Cutting tool-related grinding machines include indexable insert grinding machines and shank tool grinding machines for grinding cutting tools.

Waida Manufacturing also provides other metal processing machinery and auxiliary equipment, and develops specialized machines according to customer requirements. As after-sales services, the company offers paid repairs, parts sales, and overhauls.

The company prioritizes direct dialogue with customers to provide products tailored to their needs. It serves customers across diverse industries including electronic components, home appliances, semiconductors, IT equipment, and automotive manufacturing, adopting small-lot production methods to meet individual requirements.

Sales operations are conducted domestically through the Tokyo Branch, Chubu Sales Office, and Osaka Sales Office, and internationally through WAIDA AMERICA INC. and WAIDA Europe GmbH. This structure strengthens sales activities and information gathering in each region, enabling the company to respond to customer needs.

Waida Manufacturing is aiming to become a top maker in the specialty grinding machine field, building on its precision machine tool manufacturing technology. The company's fundamental management policy is to develop innovative machine tools through direct dialogue with customers and provide them at the best quality and cost. In particular, the company possesses specialized technology in grinding hard and brittle materials, and has achieved a high market share in niche markets.

The company's growth strategy consists of four main pillars. First is global market expansion aimed at becoming a global niche leader. The company has established bases in China, Asia, Europe, and America, and is pursuing further growth by deploying its niche leader strategy globally. In particular, it is strengthening its presence at international trade shows and sales promotion activities in Western markets.

Second is the development of strategic products and introduction of new products. The company is developing new products for the mold-related and cutting tool-related industries to expand demand in new applications and fields. Recently, it launched the digital profile grinding machine "SPG-XV" to market, which has received high evaluations.

Third, the company is also advancing product expansion into new fields. It aims to reduce dependence on specific industries and enter new business areas. Based on high precision, high quality, and high productivity, the company is developing products for new fields and attempting market entry.

Finally, the company is strengthening its management foundation. It is reinforcing its management base through strengthening profitability, improving operational systems, securing the supply chain, and ensuring the continued employment of skilled workers and their knowledge transfer to the next generation. In particular, the company is actively securing talent to address labor shortages caused by Japan's aging population and declining birth rate.

Through these strategies, Waida Manufacturing is aiming for sustainable growth and stable profit generation. The company uses operating profit margin as a key performance indicator to assess the achievement of its management targets. For the fiscal year ending March 2026, sales are expected to remain flat, while the company is addressing challenges on the profit front.