Ishii Hyoki

Basic Information

Stock Code
6336
Industry
Machinery
Category Detail
Manufacturing Machinery & Electrical Equipment
Prefecture
Hiroshima Prefecture
Establishment Year
April 1973
Listing Year
December 1999
Official Website
https://www.ishiihyoki.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
R Planner, Sanno, Imura, Mirial, Kyowa Kogyosho, Optoran, Trace on Product, Tomita Denki, Jaic, Nadex, Media Souken, Inotech

Overview

Ishii Hyoki is a printed circuit board manufacturing equipment manufacturer established in 1973, boasting the industry's top position in polishing and cleaning equipment, and advancing the international deployment of light distribution film coating equipment for LCDs.

Current Situation

Ishii Hyoki has recently recorded standalone sales of approximately ¥6.3 billion and consolidated sales of approximately ¥9.4 billion, maintaining a high market share in the printed circuit board manufacturing equipment sector. Its mainstay polishing and cleaning equipment has established a strong position in both domestic and international markets, and light distribution film coating equipment for the LCD industry is being deployed in markets in South Korea, China, and Taiwan. It has multiple consolidated subsidiaries in Asia and is strengthening its global structure, focusing on product development and successfully expanding the market share of inkjet coater technology. In 2024, it newly established a subsidiary, Shanghai Sailuoke Supply Chain Technology, to enhance its supply chain. Its management foundation is stable, with paid-in capital of ¥300 million and net assets of approximately ¥1.8 billion, maintaining sound financial conditions. It is promoting both production efficiency improvements and technological innovation for sustainable growth, advancing development with challenges in higher precision and energy efficiency of manufacturing equipment. It is also progressing with the introduction of digital control technology and development of environmentally friendly products for business expansion, with strengthening international competitiveness in the mid- to long-term as a strategic goal.

Trivia

Interesting Facts

  • Maintains domestic top share in polishing and cleaning equipment
  • Successfully developed and expanded overseas with LCD light distribution film coating equipment
  • Established in 1973, with over 50 years of history as a long-standing company
  • Multiple consolidated subsidiaries in the Philippines and China
  • Expanding market share with inkjet coating technology
  • Continuously invests aggressively in R&D for manufacturing equipment
  • Listed on the Tokyo Stock Exchange Standard Market with a stable shareholder base
  • Flexible response to domestic demand through diverse sales offices
  • Also developing solar cell manufacturing equipment, highly evaluated for future potential
  • Expands jig manufacturing leveraging precision technology in manufacturing machinery
  • Long history of technological innovation supporting manufacturing
  • Focuses on local employment promotion and social contributions
  • Possesses a product lineup that meets diverse customer needs
  • Started as Ishii Hyoki Seisakusho at founding
  • Achieved high profitability through high value-added manufacturing equipment

Hidden Connections

  • The consolidated subsidiary in the Philippines plays an important role as a base for local market expansion.
  • Shanghai Sailuoke Electronics in China serves as a strategic base for Asian manufacturing.
  • The light distribution film coating equipment technology makes significant contributions to the upstream processes of the electronic components industry.
  • Acquired CAP Co., Ltd. in Okinawa as a subsidiary to pursue diversification.
  • Achieves differentiation compared to competitors through superior printed circuit board polishing equipment technology.
  • Collaborating with domestic and international universities and research institutions on new technology development.
  • Inkjet-related technology contributes to derivative product development and new market creation.
  • Environmental conservation activities in collaboration with local communities are at the core of the management philosophy.

Future Outlook

Growth Drivers

  • Expansion of demand for electronic component manufacturing machinery in Asian markets
  • Increased equipment demand due to advancement in LCD and semiconductor industries
  • Demand for solar cell equipment in renewable energy sector
  • Expansion of applications for advanced inkjet technology
  • Increasing societal needs for energy-saving and environmentally friendly products
  • Equipment renewal demand due to advancement in domestic and international manufacturing
  • Expanded sales through strengthened global supply chain
  • Differentiation through new product development leveraging technological innovation
  • Improved profitability through expanded sales of high value-added products
  • Expansion of demand for digitalization and IoT-compatible equipment
  • Strengthened responsiveness to customer needs through local focus
  • Building of sustainable management structure

Strategic Goals

  • Achieve 30% expansion in Asian market share
  • Achieve over 50% sales ratio for environmentally friendly products
  • 100% promotion of digitalization in manufacturing processes
  • Grow consolidated sales to ¥15 billion scale
  • Maintain R&D expenses to sales ratio above 5%
  • Strengthen sustainability in supply chain
  • Enhance and continue human resource development programs
  • Improve efficiency through reorganization of domestic and international sales offices
  • Establish new revenue sources through diversified businesses
  • Expand regionally collaborative CSR activities

Business Segments

Sales of Electronic Component Manufacturing Equipment

Overview
Provides manufacturing equipment for printed circuit boards, LCD panels, and solar cells, contributing to improved manufacturing efficiency.
Competitiveness
Industry-leading share through provision of high-precision technology and diverse manufacturing equipment lineup.
Customers
  • Printed circuit board manufacturers
  • Electronic equipment manufacturers
  • LCD panel manufacturers
  • Solar cell manufacturers
Products
  • Substrate polishing equipment
  • Substrate cleaning equipment
  • Inkjet coater
  • Light distribution film coating equipment
  • Solar cell manufacturing equipment

Maintenance and Technical Support

Overview
Provides maintenance to support stable equipment operation and prompt technical support.
Competitiveness
Reliable service system backed by extensive technical expertise.
Customers
  • Manufacturing equipment users
  • Electronic component manufacturers
Products
  • Equipment periodic inspection services
  • Technical consulting
  • Emergency troubleshooting

International OEM and Contract Manufacturing

Overview
Supports customer product differentiation through OEM supply and contract manufacturing processes.
Competitiveness
Local responsiveness and cost competitiveness through overseas subsidiaries.
Customers
  • Overseas electronic component companies
  • LCD manufacturers
Products
  • Custom design of polishing equipment
  • Assembly and inspection outsourcing

R&D Contracting and Technology Development

Overview
Supports development of cutting-edge technology and conducts research on energy-saving technology.
Competitiveness
High value-added R&D leveraging in-house technological capabilities.
Customers
  • Industrial machinery manufacturers
  • Universities and research institutions
Products
  • Processing technology for new materials
  • Energy-saving equipment design

Parts Manufacturing and Supply

Overview
Supplies high-precision parts and jigs for manufacturing equipment.
Competitiveness
Realization of long-term durability through high-precision machining technology.
Customers
  • Equipment manufacturers
  • Electronic equipment manufacturers
Products
  • Special machine parts
  • Precision jigs

Education and Technical Training Services

Overview
Provides comprehensive training aimed at efficient equipment operation.
Competitiveness
Practical training content by experienced instructors.
Customers
  • In-house engineers
  • Customer company staff
Products
  • Operation training
  • Maintenance technology courses

Competitive Advantage

Strengths

  • Domestic top share in polishing and cleaning equipment technology
  • In-house integrated development of diverse manufacturing equipment
  • International expansion of light distribution film coating equipment technology for LCDs
  • Strong subsidiary network in Asia
  • Reliability from long years of industry experience
  • High-precision machining technology and innovation
  • Stable financial foundation
  • Extensive customer network
  • Active introduction of new technologies
  • Meticulous maintenance support
  • Retention of excellent engineering team
  • Promotion of energy-saving in manufacturing processes
  • High customization capability
  • Business expansion in global markets
  • Efficient production through collaboration with subsidiaries

Competitive Advantages

  • Overwhelming share in domestic printed circuit board polishing and cleaning equipment
  • Diverse product lineup for LCD and solar cell manufacturing equipment
  • Strengthened sales networks in South Korea, China, and Taiwan
  • Achieved differentiation through proprietary inkjet coating technology
  • High-precision equipment that balances manufacturing cost reduction and quality improvement
  • International sales organization with multilingual support and prompt after-sales service
  • Numerous patents in polishing technology
  • Multiple manufacturing sites to maximize production efficiency
  • Customization to meet advanced customer needs
  • Market expansion through development of equipment for new materials
  • Global procurement routes and supply stability
  • Strong trust relationships with customers over the long term
  • Active promotion of latest technology adoption
  • Prompt market launch of environmentally compliant products
  • Risk diversification through diversified business operations

Threats

  • Demand fluctuations in semiconductor and LCD industries
  • Increasing competitor companies in Asian markets
  • Deterioration of export profitability due to yen exchange rate fluctuations
  • Technology gaps accompanying advancement of manufacturing equipment
  • Risk of delays in responding to new technologies
  • Cost increases due to strengthened domestic and international environmental regulations
  • Natural disaster risks at manufacturing sites
  • Disruptions in global supply chains
  • Impact on manufacturing due to semiconductor shortages
  • Challenges in technology succession due to difficulties in securing talent
  • Patent litigation risks
  • Intensified price competition from new entrants

Innovations

2024: Establishment of Shanghai Sailuoke Supply Chain Technology Co., Ltd.

Overview
Established a new subsidiary in China to strengthen the supply chain and expand the supply system.
Impact
Achieved supply chain efficiency and improved production stability.

2023: Improved Precision of LCD Light Distribution Film Coating Equipment

Overview
Achieved reduction in coating unevenness and productivity improvement in LCD coating equipment using proprietary technology.
Impact
Contributed to improved customer satisfaction and expansion of overseas market share.

2022: Inkjet Coater Technology Improvement

Overview
Developed a new high-resolution printing compatible coating head and installed it in flagship products.
Impact
Contributed to increased orders domestically and internationally.

2021: Promotion of Production Equipment Automation

Overview
Introduced IoT sensors into production lines to achieve operation monitoring and efficiency.
Impact
10% improvement in utilization rate, 20% reduction in failure rate.

2021: Development of Environmentally Friendly Cleaning Equipment

Overview
Launched a new model that reduces water usage and improves wastewater treatment efficiency.
Impact
Achieved reduced environmental impact and cost savings.

Sustainability

  • Reduction of water resource usage in manufacturing processes
  • Promotion of waste recycling
  • Advancement of low-environmental-impact product development
  • Active introduction of energy-saving equipment
  • Collaboration with local communities on environmental conservation activities
  • Strengthening environmental standards in the supply chain
  • Enhanced efforts to reduce CO2 emissions
  • Promotion of comfortable workplace environments
  • Engineer development initiatives through technical training
  • Thorough compliance with laws and ethical management
  • Challenge to reduce plastic usage
  • Advanced safety and health standards and continuous improvement