Shirai Electronics Industry

Basic Information

Stock Code
6658
Industry
Electrical Equipment
Category Detail
Semiconductors & Electronic Components
Prefecture
Kyoto Prefecture
Establishment Year
January 1970
Listing Year
March 2006
Official Website
http://www.shiraidenshi.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Ibiden, A&A M, Taiyo Technolex, Meiko, Keisho, Nippon Fenol, Nippon CMK, Taihei

Overview

Shirai Electronics Industry is a printed wiring board manufacturer established in 1970 and a leading company in the electrical equipment industry, with strengths in its integrated development and supply system and short delivery times.

Current Situation

Shirai Electronics Industry achieved consolidated sales of 32.86 billion yen in the fiscal year ended March 2023 and has numerous business sites and factories domestically and internationally. Its main businesses are the design and manufacture of printed wiring boards and appearance inspection machines, with a competitive short-delivery supply system established. Overseas, it has bases in Hong Kong, Shanghai, Thailand, Mexico, and elsewhere, advancing global expansion. Technologically, it provides high-quality products through the introduction of automation equipment and proprietary inspection technologies. With sustainability in mind, it has obtained ISO9001 and ISO14001 certifications and is working to reduce environmental impact. In 2021, it implemented a significant capital reduction to enhance financial flexibility. Moving forward, it aims to promote technological innovation and overseas market development to strengthen competitive advantages and achieve sustainable growth.

Trivia

Interesting Facts

  • Founded as a sole proprietorship in 1966, with over 50 years of history.
  • Highly evaluated in the printed wiring board industry for short delivery time capabilities.
  • Rare case of becoming a SME treatment through significant capital reduction.
  • Regional company with multiple manufacturing bases in Yasu City, Shiga Prefecture.
  • Extensive sales and manufacturing network domestically and internationally.
  • Possesses in-house development technology for printed circuit board appearance inspection devices.
  • Obtained environmental certification ISO14001 in 2000.
  • Subsidiaries overseas in Hong Kong, Shanghai, Zhuhai, Shenzhen, Thailand, and Mexico.
  • Regular member of the Japan Printed Circuit Industry Association.
  • Early entrant into the transparent flexible substrate market.
  • Has group companies handling logistics and manufacturing support.
  • Enhances competitiveness by utilizing AI technology in inspection devices.
  • Improving production efficiency through manufacturing line automation.
  • Founder Haruo Shirai remains as honorary advisor.
  • Multilayer printed circuit board manufacturing technology has received particularly high acclaim.

Hidden Connections

  • Exploring technical collaborations with Ibiden and Meiko in the multilayer board field.
  • Utilizing SME preferential tax measures through capital reduction.
  • Stably supplying substrates to automotive manufacturers domestically and internationally.
  • Differentiates from other printed circuit board manufacturers with inspection device technology.
  • Overseas subsidiaries function as key for global customer response.
  • Achieves logistics efficiency and quality improvement through collaboration with group companies.
  • Domestic sales offices in Nagasaki, Fukuoka, Osaka, etc., contribute to close customer relationships.
  • AI inspection device development in collaboration with a Kyoto-based tech venture.

Future Outlook

Growth Drivers

  • Increasing demand for high-functionality, high-value-added printed circuit boards
  • Market expansion of AI and IoT-compatible inspection technologies
  • Expansion of on-board substrate demand due to automotive electrification
  • Growth in overseas electronics markets and strengthened global expansion
  • Increasing needs for environmentally compliant substrates
  • Demand for high-density substrates due to miniaturization and multifunctionality of electronic devices
  • Promotion of supply chain optimization technology introduction
  • Expansion in high-reliability markets (medical and defense sectors)
  • Progress in manufacturing automation and smart factory initiatives
  • Business efficiency improvement and customer service enhancement through DX promotion

Strategic Goals

  • Achieve over 40% global sales ratio
  • Capture top domestic market share in inspection equipment field
  • Establish manufacturing processes that reduce environmental impact
  • Full introduction of AI and automation technologies
  • New market development for medium- to long-term growth
  • Maintain customer satisfaction above 90%
  • Strengthen sustainable social contribution activities
  • Realize diverse talent development and comfortable work environment
  • Improve stable profit margins and ensure financial soundness
  • Optimal fusion of local and global through organizational structure

Business Segments

Printed Wiring Board Manufacturing

Overview
Manufactures high-quality printed wiring boards for diverse industries, with strengths in shortened delivery times and flexible response.
Competitiveness
Short delivery time response and quality assurance through integrated manufacturing system
Customers
  • Communications equipment manufacturers
  • Automotive electrical manufacturers
  • Medical equipment manufacturers
  • Industrial equipment manufacturers
  • Electronic equipment assemblers
  • Home appliance manufacturers
  • Aerospace-related companies
  • Defense-related companies
  • Precision equipment manufacturers
  • Inspection equipment manufacturers
Products
  • Multilayer printed circuit boards
  • Flexible substrates
  • Hybrid substrates
  • High-density wiring boards
  • Heat-resistant substrates
  • Automotive substrates
  • Medical device substrates
  • Printed circuit boards for inspection equipment
  • High-speed transmission substrates
  • Custom design substrates

Printed Wiring Board Appearance Inspection Machine Manufacturing

Overview
Develops and provides products in the appearance inspection equipment field that combine high precision and high speed.
Competitiveness
Utilization of advanced technologies like AI and response to diverse inspection needs
Customers
  • Printed circuit board manufacturers
  • Electronic equipment manufacturers
  • Inspection equipment distributors
  • Quality management companies
  • Production line operators
  • Semiconductor manufacturers
  • Electronic component manufacturers
  • Automotive parts manufacturers
  • Medical device parts manufacturers
  • PCB-related equipment manufacturers
Products
  • High-precision appearance inspection machines
  • High-speed inspection devices
  • AI-equipped inspection systems
  • 3D inspection machines
  • Multifunctional inspection devices
  • Line integration systems
  • Image analysis software
  • Defect detection sensors
  • Custom inspection solutions
  • Inspection equipment maintenance services

Logistics and Storage Services

Overview
Efficiently handles logistics and storage through affiliates, optimizing the flow from manufacturing to shipping.
Competitiveness
Smooth logistics service provision through collaborative systems
Customers
  • Own product storage companies
  • Electronic component distributors
  • Manufacturing partners
  • Customer companies
  • Supply chain management companies
  • Third-party logistics providers
  • Component management companies
  • Quality inspection service providers
  • Manufacturing support service providers
  • Importers and exporters
Products
  • Product storage services
  • Order management systems
  • Inventory management operations
  • Distribution optimization services
  • Shipping management operations
  • Logistics consulting
  • Quality management support
  • Transportation arrangement services
  • Packaging services
  • Traceability management

Competitive Advantage

Strengths

  • Short delivery time response through consistent development and manufacturing system
  • In-house development of high-precision appearance inspection technology
  • Global production system through multi-site expansion
  • Quality assurance via ISO certifications
  • Flexible response to diverse customer needs
  • Long years of industry experience and reliability
  • Wide product range from multilayer boards to flexible substrates
  • Proactive stance on technological innovation
  • Strong customer base and stable business relationships
  • Efficient supply chain management

Competitive Advantages

  • Rapid response possible with numerous manufacturing and sales bases domestically and internationally
  • Development capabilities for inspection equipment utilizing advanced technologies like AI
  • Integrated production system balancing short delivery times and high quality
  • Technical capabilities and customization to meet complex design needs
  • Flexible financial operations through capital reduction
  • Establishment of environmental and quality management systems
  • Differentiation through provision of product inspection and quality assurance services
  • Expansion of business into overseas markets
  • Building long-term trust-based relationships with customers
  • Risk diversification through product lineup for diverse industries

Threats

  • Difficulties in raw material procurement due to global semiconductor shortages
  • Price offensives from overseas competitors' low-cost products
  • Cost increase risks from exchange rate fluctuations
  • Product obsolescence due to rapid technological advancements
  • Intensified competition from new entrants
  • Impact on overseas bases from geopolitical risks
  • Rising manufacturing costs from strengthened environmental regulations
  • Order reductions from customer diversification of procurement sources
  • Production capacity constraints from labor shortages
  • Supply chain disruptions from natural disasters

Innovations

2023: Development of AI-Equipped Printed Circuit Board Appearance Inspection Device

Overview
Launched an inspection device that significantly improves defect detection accuracy and efficiency using AI technology.
Impact
30% reduction in inspection time, 25% reduction in false detections

2022: Mass Production Start of Transparent Flexible Printed Circuit Boards

Overview
Successfully achieved mass production of transparent, highly flexible substrates using new materials, expanding applications in electronic devices.
Impact
Increase in new orders for smart devices

2021: Introduction of NC Drilling Automation Line at Yasu Plant No. 2

Overview
Introduced automation equipment to improve production efficiency and quality stability.
Impact
20% increase in production capacity

2020: Innovation in Multilayer Board Manufacturing Process

Overview
Established manufacturing technology that enhances interlayer reliability and durability using proprietary processing techniques.
Impact
Contributes to improved customer satisfaction

Sustainability

  • Establishment of environmental management system through ISO14001 certification
  • Implementation of waste reduction programs in manufacturing processes
  • Active introduction of energy-saving equipment
  • Promotion of green procurement
  • Environmental protection activities in collaboration with local communities