KOKUSAI ELECTRIC CORPORATION (6525) Stock Price

KOKUSAI ELECTRIC operates primarily in the manufacturing, sales, and maintenance services of semiconductor manufacturing equipment. The company operates as a single business segment focused on semiconductor manufacturing equipment, divided into equipment business and service business.

In the equipment business, the company manufactures and sells equipment used in semiconductor production. Its main products are equipment used in film deposition and thermal processing. For film deposition, the company provides products compatible with LP-CVD and ALD processes, and for thermal processing, it offers equipment optimized for processes such as thermal oxidation and annealing.

KOKUSAI ELECTRIC's batch film deposition equipment can process dozens or more silicon wafers simultaneously, featuring high productivity. Main products include the AdvancedAce® series and TSURUGI® series, which deliver high-quality film deposition performance and high productivity.

Single-wafer treatment equipment improves film quality after deposition. Using plasma and heating, it removes impurities from the film and stabilizes film quality. KOKUSAI ELECTRIC's products include MARORA® and TANDUO®, with MARORA® particularly offering high productivity and quality.

In the service business, the company provides parts sales and maintenance services for semiconductor manufacturing equipment. It also handles equipment relocation and modification, as well as sales of equipment with wafer sizes of 200mm or smaller. This generates stable, high-margin revenue.

KOKUSAI ELECTRIC provides after-sales service throughout the equipment lifecycle and expands its service business by increasing installed base and strengthening each service offering. Related subsidiaries manufacture and sell measurement and inspection equipment, as well as ultrasonic oscillator units for cleaning equipment.

KOKUSAI ELECTRIC is pursuing several strategies to drive continued growth in the semiconductor manufacturing equipment sector. The company operates under the corporate philosophy of "KOKUSAI ELECTRIC Way," aiming to realize a sustainable society through technological innovation. Specifically, the company focuses on the "film deposition" process in the front-end of semiconductor manufacturing, holding world-class market share in batch deposition equipment and treatment equipment.

Under its medium-term management plan, KOKUSAI ELECTRIC targets revenue of 330 billion yen or more, based on anticipated growth in the WFE (Wafer Fab Equipment) market. While maintaining awareness of capital costs, the company aims for sustained growth by improving capital efficiency. Strengthening ESG initiatives and contributing to environmental and social solutions are also key components of the strategy.

KOKUSAI ELECTRIC is focused on developing high-value-added products through technological innovation. The company is strengthening its operations by leveraging facilities in South Korea and Yokohama to support advanced device development. Additionally, the company plans to establish a new demo center in the United States to accelerate global expansion.

The company is promoting highly efficient operations across the group and optimizing production management and customer management through digital transformation. The company is also building a workplace environment where diverse talent can thrive, with the goal of maximizing employee capabilities.

KOKUSAI ELECTRIC is enhancing its proposal capabilities to customers and expanding technologies developed in the NAND sector to other fields. The company continues to pursue new markets and is strengthening efforts in power devices and sensor applications. These initiatives aim to drive further business expansion.

Expanding the service business is also a key strategic priority. The company is establishing systems to meet customer needs through service provision across the entire product lifecycle. The company aims to build a stable revenue base through parts sales and maintenance services.