J.E.T.Co.,LTD. (6228) Stock Price

Market cap
¥8B
P/E ratio
J.E.T. develops and manufactures semiconductor cleaning equipment for chip makers across Asia and has expanded to Japan and the US in 2024.

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Business Overview

J.E.T. is primarily engaged in the development, design, manufacturing, and sales of semiconductor cleaning equipment used in the pre-process stage of semiconductor manufacturing. The company possesses advanced technical capabilities in the semiconductor cleaning equipment sector, with particular expertise in customizable batch-type cleaning systems tailored to customer requirements.

J.E.T.'s product lineup includes batch-type cleaning equipment models BW3700, BW3000, and BW2000. These systems offer high productivity and customization capabilities for efficient wafer cleaning. Additionally, the single-wafer cleaning system HTS-300 enables precise, individual wafer cleaning with controlled processing.

The company sells its products to semiconductor manufacturers in South Korea, China, and Taiwan, and began sales operations in Japan and the United States starting in 2024. The company also provides field services including equipment modification, parts sales, and maintenance services.

In addition to its semiconductor business, J.E.T. operates an agricultural business focused on the production and sales of agricultural products. This business is managed by J.E.T. Agri Corporation, which operates as an independent subsidiary. Agricultural products are sold exclusively to domestic customers.

Management Policy

J.E.T. continues to grow by focusing on "pursuing cutting-edge technologies" and "developing more useful products" in the rapidly evolving technology sector. The company is committed to customer-first principles while building a strong organization and contributing to society. Specifically, in the manufacturing and sales of semiconductor cleaning equipment, the company is expanding its business by leveraging differentiated technology and trust that set it apart from competitors.

Under its medium-term management plan "Innovation 2027," the company targets sales of 27.5 billion yen and operating profit of 3 billion yen. In 2025 and 2026, the company will focus on new product development and establishing new organizational foundations, while expanding sales of its new product "BW3500" in South Korea, China, and Taiwan. The company also plans rapid business expansion in Japan and North America markets, with a focus on developing next-generation single-wafer cleaning equipment as a strategic product.

As a cost improvement strategy, J.E.T. is advancing outsourced manufacturing to build an efficient production system. Standard equipment models are being switched to external OEM production, while highly customized equipment is produced in-house, enabling faster delivery and cost reduction. The company has also established a new division to propose optimal specifications to customers and achieve significant cost savings.

Beyond semiconductor-related operations, J.E.T. operates an agricultural business to establish a stable management foundation. In its agricultural business, the company has adopted osmotic agricultural product production, achieving approximately 22 tons of annual production and shipments in fiscal 2023. Going forward, the company aims to enhance production technology and quality while strengthening the profitability and competitiveness of this business segment.

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