Techno Smart Corp. (6246) Stock Price

Market cap
¥23.1B
P/E ratio
15.3x
Techno Smart designs and manufactures specialized coating and drying equipment that adds functional properties to materials like films, metals, and paper for electronics and automotive industries.

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Business Overview

Techno Smart is a company operating in a single business segment: machinery manufacturing. The company provides equipment that adds various functional properties to base materials such as films, metal foils, and paper. Specifically, the company designs, manufactures, installs, and sells coating and drying equipment as its core product, along with various dryers, heat treatment machines, chemical processing equipment, and other industrial machinery.

The company's products are used across diverse industrial fields. For example, in the manufacturing of electronic components and automotive parts, Techno Smart's equipment is utilized when processing is needed to impart specific functions to base materials. This enables improved product performance and the addition of new capabilities.

Techno Smart focuses on providing customized products tailored to customer needs. By doing so, the company delivers solutions optimized for each customer's manufacturing process and supports efficient production. The company is committed to improving customer satisfaction through technological innovation and quality enhancement.

Management Policy

Technosmart aims for sustainable growth and maximization of corporate value while maintaining a customer-first approach. The company positions itself as a professional group specializing in coating and drying technologies. It prioritizes collaboration with customers, supporting new product development and leveraging engineers' expertise to enhance communication, thereby improving customer satisfaction.

The company's growth strategy focuses on improving service quality to enhance customer satisfaction, strengthening sales capabilities, and developing new customer bases. Additionally, Technosmart pursues synergy effects through new product development leveraging proprietary technologies, global expansion, and M&A initiatives. The company is also advancing production efficiency through factory restructuring and increasing value-added production through new investments.

Technosmart concentrates on optical display applications and energy-related sectors. In particular, the optical display field for smartphones, tablets, and televisions is expected to continue growing. In the lithium-ion secondary battery sector, the company leverages its technological and quality advantages to drive cost reduction and global expansion.

The company announced its Third Medium-Term Management Plan covering fiscal years 2023 through 2025, accelerating expansion into the secondary battery market and strengthening its overseas business foundation. Technosmart aims to achieve ROE exceeding its cost of capital and stabilize shareholder returns while pursuing sustainable growth. These efforts are designed to enhance corporate value.

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