UMC Electronics Co.,Ltd. (6615) Stock Price

Market cap
¥8.4B
P/E ratio
8.8x
UMC Electronics provides circuit board assembly and manufacturing services for automotive, office automation, and industrial equipment makers worldwide. The company also operates staffing services through UMC Just in Staff Corporation.

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Business Overview

UMC Electronics Corporation operates an Electronics Manufacturing Services (EMS) business, primarily providing circuit board assembly, processing, and manufacturing services. The company accepts orders from leading manufacturers both domestically and internationally, with particularly high sales ratios in automotive equipment, office automation (OA) equipment, and industrial equipment sectors.

The company manufactures electrical components for electric vehicles and security equipment in the automotive sector, where high reliability is essential. It continues to grow by meeting stringent technical and quality requirements in this field. In the industrial equipment sector, the company manufactures inverters and semiconductor testing equipment.

In the OA equipment sector, UMC Electronics manufactures electronic components for printers and copiers, conducting business with many leading manufacturers across industries. The company also handles electronic equipment for consumer products and amusement machines, maintaining a diverse product portfolio.

In addition to its EMS business, UMC Electronics operates a staffing and manufacturing outsourcing business. This division is managed by UMC Just in Staff Corporation and addresses workforce needs in the manufacturing industry.

Management Policy

UMC Electronics Co., Ltd. pursues a growth strategy based on its corporate philosophy of "delivering products made with care." The company aims to achieve industry-leading quality, cost, delivery, and service (QCDS). As a fundamental policy, UMC Electronics maintains shared values and provides consistent service levels across all facilities, from product development and parts procurement through circuit board assembly to finished products.

Aiming for sustained growth in the EMS industry, UMC Electronics prioritizes improving operating profit margin as a key management metric. This approach seeks to build customer trust while enhancing competitiveness. In particular, the company is advancing strategies that anticipate expansion of the electronic components market, supported by growing demand in automotive equipment, semiconductors, and capital investment-related sectors.

Toward fiscal year 2025, UMC Electronics is focusing on four priorities: promoting compliance, improving employee safety and satisfaction, enhancing corporate value, and contributing to all stakeholders. Through these efforts, the company aims to maintain and strengthen its supply chain, reduce losses, and achieve sustained growth.

To strengthen its competitiveness as an EMS company, UMC Electronics is working to leverage its strengths and solidify its medium- to long-term revenue pillars. The company is committed to improving performance and realizing sustainable growth while continuing to deliver value to customers and stakeholders.

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