SHOWA SHINKU CO.,LTD. (6384) Stock Price

Showa Vacuum's primary business is the manufacture and sale of vacuum technology application equipment. This business centers on equipment that forms thin films on specific substrates in a vacuum environment, including vacuum evaporation systems and sputtering systems. These systems are used in the manufacturing of quartz devices, optical devices, and electronic components.

Showa Vacuum not only manufactures and sells these systems but also provides sales of related component parts and accessories, modification work, and repair services. This positions the company to meet diverse customer needs. Subsidiary companies Showa Vacuum Machinery (Shanghai) Co., Ltd. and Showa Vacuum Machinery Trading (Shanghai) Co., Ltd. also support the manufacture and sale of these products.

Showa Vacuum is a member of the ULVAC Group and is positioned within the group's vacuum equipment business division. The ULVAC Group is a corporate group engaged in semiconductor manufacturing equipment and electronic component manufacturing equipment. Showa Vacuum specifically provides equipment for quartz devices and optical devices. While building cooperative relationships with ULVAC, the company also makes adjustments to avoid competition.

Showa Vacuum is advancing a growth strategy based on vacuum technology. The company is expanding the application of vacuum technology in anticipation of increased demand for high-precision electronic components driven by 5G adoption, AI development, and advances in next-generation automotive technology. Through this approach, the company aims to continue providing new technologies and value to electronic and optical component manufacturers.

As part of its growth strategy, the company provides custom-made vacuum equipment tailored to customer needs and differentiates itself through technological expertise. In particular, it is strengthening competitiveness in the quartz and optical device sectors and aims to become a leader in new niche markets. The company builds close relationships with customers and advances technological development through commissioned experiments and sample production.

Showa Vacuum also prioritizes sustainability and promotes initiatives to address social challenges. Based on its management philosophy, the company aims to continue contributing to society through vacuum technology. This positions the company to remain valued by society.

Furthermore, the company has set a target ROE of 10% or higher to realize management that is conscious of capital costs and stock price. The company seeks to improve performance through strengthening its revenue base and aims to continue stable shareholder returns. Through this approach, the company is pursuing sustainable growth.