ENOMOTO CO.,LTD (6928) Stock Price

Enomoto manufactures and sells lead frames for power semiconductors, lead frames for optoelectronics, and connector components. These products are manufactured using precision molds and peripheral equipment, and by combining various technologies, the company can meet demanding requirements.

Enomoto operates four factories in Japan and two factories overseas in the Philippines and China. Domestically, the company manufactures and sells products at its headquarters factory, Tsugaru factory, and Iwate factory. Overseas, it conducts similar operations at facilities in the Philippines, Hong Kong, and China.

Enomoto's power semiconductor lead frames are widely used in consumer electronics, industrial equipment, and automotive components. The company precision-processes metal materials to manufacture lead frames for power devices and small-signal devices, supplying them to various component manufacturers.

Opto lead frames determine the shape of LED products. Enomoto works with automotive parts manufacturers and lighting equipment makers to handle everything from design to mass production. Lead frames used in LED displays and automotive lamps are the company's primary products.

Connector components are parts used to connect wiring in electronic circuits and optical communications. Enomoto manufactures miniaturized connectors for smartphones and wearable devices and sells them to component manufacturers. Sales of automotive components are also increasing.

Enomoto's management philosophy is "People are at the center of management, and we contribute to the realization of a prosperous society through sound manufacturing." Based on this philosophy, the company is advancing the provision of products trusted by customers and the development of new products, aiming to maximize corporate value. In particular, the company places emphasis on building trust with stakeholders and establishing a solid management foundation.

Enomoto has formulated a medium-term management plan for fiscal years 2024 through 2026, with targets of an operating profit margin of 8% or higher and ROE of 9% or higher. By mobilizing the capabilities of all employees and promoting qualitative improvement in management and innovation, the company aims to maximize corporate value. Through these efforts, the company seeks to achieve sustainable growth.

As a long-term management vision, Enomoto has adopted "Creating the Future with Mold Technology." Over the ten-year period through fiscal year 2030, the company aims to contribute to the development and advancement of cutting-edge technology. Building on mold processing technology as its foundation, the company seeks to combine new technologies and establish itself as a trusted business partner.

Enomoto is leveraging growth factors in the electronic components industry by strengthening production capacity through expansion of the Tsugaru Plant and promoting automation of manufacturing processes. Through these initiatives, the company is developing new customers based on precision composite processing technology for metals and resins, and working to improve sales and profitability.

Key challenges for Enomoto include investment in growth fields, technology transfer and automation, promotion of smart factories, strengthening of financial foundations, human resource development, and environmental initiatives. The company is advancing aggressive investment and reform to address these challenges and enhance corporate value.

Enomoto has positioned the three-year period from fiscal year 2024 through 2026 as the "2nd STEP." With "Quality First" as the management priority theme for fiscal year 2025, the company aims to strengthen trust with stakeholders and enhance corporate value by improving the quality of products and operations.