Elematec Corporation (E02941) Stock Price

Elematech is a company that sells electronic materials, electronic components, and equipment, and provides processing, assembly, design, and contract manufacturing services in the electronics product field, including car electronics, smartphones, industrial equipment, and medical devices, both domestically and internationally. The company is part of the Toyota Tsusho Group and plays a key role in the chemicals and electronics business. Major product categories include substrates, silicon, anisotropic conductive film (ACF), heat dissipation materials, high-performance films, high-performance resins, insulating tape, front panels, high-performance adhesives, lens films, anti-reflective materials, and inert liquids. These products feature characteristics such as miniaturization, durability, workability, space efficiency, and electrical insulation, and are used in a wide range of applications including smartphones, tablets, gaming devices, automotive equipment, desktop computers, and server CPU cooling.

Elematech also handles diverse products categorized into electronic components, mechanical components, and other categories. Electronic components include connectors, thermostats, thermistors, resolvers, sensors, fuses, inductors, backlights, liquid crystal displays, power ICs, memory ICs, driver ICs, resistive components, capacitors, voltage converters, and power modules. Mechanical components include reinforced plastic molded products, filters, exterior and interior parts, assembled components, and heat dissipation parts. Other categories include cable accessories, abrasive materials, processed products, equipment, cameras and monitors, robots and related systems, and packaging materials.

These products are supplied to customers both domestically and internationally through Elematech's global network. The company provides a wide range of products and services to meet technological innovation and market needs.

Elematech has formulated a three-year medium-term management strategy starting April 2023 to respond to intensifying competition and changing market conditions in the electronics industry. The company's mission is to "expand good connections and provide new value." Its management policy focuses on globally providing diverse, high-quality products and services, pursuing self-innovation, emphasizing corporate governance, and contributing to a sustainable society under its sustainability basic policy.

Under this strategy, Elematech has identified key initiatives: strengthening high-value-added businesses, developing major customers domestically and internationally, focusing on the automotive sector, fully developing potential markets, enhancing development department capabilities, expanding customer base and business domains through M&A and alliances, and advancing sustainability and human capital initiatives.

Specifically, these include strengthening proprietary planning, development, and design functions; improving proposals for modularization and finished products (ODM); establishing customer development bases domestically and internationally; prioritizing management resources to address technological innovation such as CASE; making full-scale entry into European, American, and ASEAN markets; strengthening the development department's company-wide strategy promotion functions; and implementing initiatives centered on materiality to contribute to a sustainable society.

Through these measures, Elematech aims to respond to changing market needs, contribute to realizing a sustainable society, and become a company that enriches people's lives, while working to maximize corporate value.