financial results briefing material...2020/05/08 · chemicals remained weak because pwb...
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Explorer in Surface Engineering
Financial Results Briefing Materialfor the Fiscal Year Ended March 2020
JCU CORPORATION
TSE First Section (Stock Code: 4975)
May 8, 2020
1
Summary of Financial Results for FY3/20
Overview of Financial Results
Demand for chemicals remained solid as 5G infrastructure development was activated in China and shipping volume of new and existing models of smartphones increased in Taiwan
Although semiconductor market was on a recovery trend in South Korea, demand for chemicals remained weak because PWB manufacturers withdrew from HDI (high density interconnect) PWB business.
In Japan, business remained resilient with the sale of new models of automobiles in the first half. However, business weakened substantially in the second half, resulting in a sluggish year for demand for chemicals.
Overseas, sales and production in the automobile industry in China was sluggish because of US-China trade friction. Demand for chemicals was weak.
Accounting PeriodJCU (non-consolidated): April 1 to March 31 next yearOverseas subsidiaries: January 1 to December 31
Machine Business
For electronic components
For automotive components
A big decrease in sales caused by a downturn in projects as large as those we received in FY3/19.
2
Summary of Financial Results for FY3/20
(Millions of yen)Consolidated
FY3/18 FY3/19 FY3/20
Results ResultsRevised forecast
(Nov. 1, 2019)
ResultsYoY
% Change
Net sales 23,120 24,866 22,000 22,319 (10.2)%
Operating profit 6,948 7,072 6,150 6,297 (11.0)%
Ordinary profit 6,972 7,192 6,100 6,240 (13.2)%
Profit attributable to owners of parent
4,906 4,963 4,250 4,416 (11.0)%
Net income per share
176.31 yen 178.55 yen 157.07 yen 163.97 yen -
3
Summary Consolidated Balance Sheet(Millions of yen) FY3/19 FY3/20
Current assets 24,103 24,249
Cash and deposits 14,785 12,929
Notes and accounts receivable-trade 6,920 8,282
Inventories 1,822 2,076
Non-current assets 8,071 8,790
Property, plant and equipment 4,461 5,635
Investments and other assets 3,565 3,113
Total assets 32,174 33,039
Current liabilities 4,934 5,773
Notes and accounts payable-trade (incl. electronically recorded obligations-operating)
1,974 2,173
Short-term borrowings (incl. current portion of long-term borrowings)
505 540
Non-current liabilities 2,756 1,938
Long-term borrowings 707 706
Total liabilities 7,691 7,712
Total net assets 24,483 25,327
Total liabilities and net assets 32,174 33,039
Note: Certain line items are omitted.
4
Foreign Exchange Rates
(Yen)
FY3/19FY3/20 FY3/21
(Forecast)1Q 2Q 3Q 4Q
Chinese yuan (CNY)
16.72 16.32 16.20 15.89 15.78 15.61
Taiwan dollar (TWD)
3.67 3.58 3.55 3.52 3.53 3.62
Korean won (KRW)
0.1004 0.0980 0.0961 0.0940 0.0937 0.0914
Note: The average rate for the period is used to translate Chinese yuan, Taiwan dollar and Korean won, our major foreign currencies, to Japanese yen.
7,072
6,297
79 (150)(485)
(39) (217)(2) (70) 110
5
De
crease in
gross p
rofit
of p
urch
ased
che
micals
YoY change
(775)
FY3/19Operating Profit
FY3/20Operating Profit
Changes in Consolidated Operating Profit for FY3/20
De
crease in
pro
fit margin
of ch
em
icals
De
crease in
gross p
rofit
from
the
Mach
ine
Bu
sine
ss
Oth
er facto
rs incl.
de
crease in
SG&
A
expe
nses
Effects o
f exchan
ge rates fo
r che
micals
(du
e to
con
versio
n fro
m lo
cal curre
ncie
s to JP
Y)
De
crease in
gross p
rofit fro
m
oth
er b
usin
esse
s
Incre
ase in
p
erso
nn
el
expe
nses
Japan: (85)Overseas: (25)
Japan: 37Overseas: 33
Incre
ase in
sales o
f che
micals
(Millions of yen)
■ Positive factors ■ Negative factors
6
FY3/20FY3/21
(Forecast)YoY % Change
Net sales 22,319 22,000 (1.4)%
Operating profit 6,297 6,400 1.6%
Ordinary profit 6,240 6,500 4.2%
Profit attributable to owners of parent 4,416 4,450 0.8%
Net incomeper share 163.97 yen 167.68 yen -
Consolidated Earnings Forecast for FY3/21
Note: The above consolidated forecast figures are based on the assumption that the COVID-19 pandemic in the Asian region will mostly subside in July 2020 and onwards and in Japan in October 2020 and onwards.
(Millions of yen)
7
Dividend Forecast
FY3/19 FY3/20FY3/21
(Forecast)
Divid
end
s pe
r share
Interim 22.5 yen 23.5 yen25.0 yen
(an increase of 1.5 yen per share)
Year-end 22.5 yen 25.0 yen 25.0 yen
Annual total 45.0 yen 48.5 yen
50.0 yen(an increase of 1.5 yen per share)
We will continue to make investments for sustainable growth while securing liquidity on hand and maintaining stable financial base. Our basic policy is to pay dividends with a target payout ratio of 25% with an aim for stable dividend growth.
8
Quarterly Consolidated Financial Results
Net Sales (M
illion
s of yen
)
Op
erating P
rofit (M
illion
s of yen
)
1,087
1,263
1,398
1,158
1,054
1,520
1,624
1,302
1,396
1,712
1,957 1,883
1,726 1,701
2,032
1,613
1,278
1,641
1,782
1,596
0
500
1,000
1,500
2,000
2,000
3,000
4,000
5,000
6,000
7,000
8,0001
Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
2016/3 2017/3 2018/3 2019/3 2020/3
総売上高 薬品売上高 営業利益Total Sales Sales of Chemicals Operating Profit
FY3/16 FY3/17 FY3/18 FY3/19 FY3/20
1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q
9
Quarterly Consolidated Financial Results
Net Sales (M
illion
s of yen
)
Op
erating M
argin (%
)
4,621
5,307
4,750
5,140
4,598
5,916
5,338
4,908 4,764
5,491
6,080
6,785 6,599
6,479 6,471
5,317
4,793
5,391
5,836 6,298
23.5 23.8
29.4
22.5 22.9
25.7
30.4
26.5
29.3 31.2
32.2
27.8 26.2 26.3
31.4 30.3
26.7
30.4 30.5
25.3
0
10
20
30
40
50
60
70
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
2016/3 2017/3 2018/3 2019/3 2020/3
薬品事業(薬品) 薬品事業(仕入製品) 装置事業 その他事業 営業利益率
FY3/16 FY3/17 FY3/18 FY3/19 FY3/20
Chemicals Business (Chemicals)
Chemicals Business (Purchased Chemicals)
Machine Business
Other Businesses
Operating Margin
10
6,070
15,677 15,622
18,580 18,605 18,032
1,472
1,421 1,195
1,345 1,429 1,324
1,656
2,720 3,942
3,194
4,796
2,936
35
27
9,197
19,818
20,760
23,120
24,866
22,319
5.7
24.8 26.5
30.1 28.4
28.2
0
10
20
30
40
50
60
0
5,000
10,000
15,000
20,000
25,000
2010/3 2016/3 2017/3 2018/3 2019/3 2020/3
薬品事業(薬品) 薬品事業(仕入製品) 装置事業 その他事業 営業利益率
FY3/10
Annual Consolidated Financial Results
Net Sales (M
illion
s of yen
)
Op
erating M
argin (%
)
FY3/16 FY3/17 FY3/18 FY3/19 FY3/20
Chemicals Business (Chemicals)
Chemicals Business (Purchased Chemicals)
Machine Business
Other Businesses
Operating Margin
11
7,867
209 (70)
7,347
(8) (90)
▲ 1,000
3,000
7,000
11,000
15,000
19,000
薬品事業
装置事業
その他事業
前期4Q累計
2020年3月期
4Q累計
20,034
4,796
35
19,356
2,936
27
▲ 1,000
3,000
7,000
11,000
15,000
19,000
薬品事業
装置事業
その他事業
Ch
emicals
Bu
siness
Mach
ine
Bu
siness
Oth
erB
usin
esses
Consolidated Segment Results for FY3/20
(Millions of yen)
Net Sales Segment Profit (Loss)
Ch
emicals
Bu
siness
Mach
ine
Bu
siness
Oth
erB
usin
esses
FY3/19
FY3/20
(Breakdown)Plating machines 4,084Plasma system 377
Solar powerrelated, etc. 334
(Breakdown)Plating machines 2,379Plasma system 256Solar powerrelated, etc. 300
44%
75% 74%77%
78% 78%
0%
20%
40%
60%
80%
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
2010/3 2016/3 2017/3 2018/3 2019/3 2020/3
国内 海外 海外比率
FY3/10
12
Annual Sales of Chemicals in Japan and Overseas
(Millions of yen)
FY3/16 FY3/17 FY3/18 FY3/19 FY3/20
Overseas Sales RatioJapan Overseas
13
Annual Sales of Chemicals for POP and Via Filling
POP: Plating on Plastics, mainly for automotive components
Via Filling: Additive for copper plating for PWBs, mainly for smartphones and PCs(Millions of yen)
POP Via Filling
FY3/15 FY3/16 FY3/17 FY3/18 FY3/19FY3/10 FY3/20
POP Via Filling
14
1,092 1,130 1,122 1,219
1,122 1,053
1,154 1,152 1,238
1,188 1,245
1,288 1,252 1,230
1,399
1,294 1,266 1,218
1,262 1,310
1,401
1,701 1,704
1,531
1,300
1,459
1,645 1,740
1,659
1,875
2,016
2,178
1,898 1,994
2,179
1,983
1,612
1,918
2,032 2,111
0
500
1,000
1,500
2,000
2,500
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
2016/3 2017/3 2018/3 2019/3 2020/3
POP ビアフィリング
Quarterly Sales of Chemicals for POP and Via Filling
POP: Plating on Plastics, mainly for automotive components
Via Filling: Additive for copper plating for PWBs, mainly for smartphones and PCs(Millions of yen)
POP Via Filling
FY3/16 FY3/17 FY3/18 FY3/19 FY3/20
15
Quarterly Sales of Chemicals by Region
0
500
1,000
1,500
2,000
2,500
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
2016/3 2017/3 2018/3 2019/3 2020/3
日本
中国
台湾
韓国
タイ
FY3/16 FY3/17 FY3/18 FY3/19 FY3/20
Japan
China
Taiwan
S. Korea
Thailand
(Millions of yen)
16
1,186 1,224 1,229 1,318
1,214 1,161 1,266 1,261
1,341 1,268 1,334 1,373 1,334 1,313
1,492 1,379 1,357 1,302 1,337 1,382
2,510
2,755 2,827
2,606
2,299
2,609
2,854 2,957
2,852
3,219
3,473 3,559
3,169 3,256
3,590
3,192
2,734
3,141
3,342 3,359
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
2016/3 2017/3 2018/3 2019/3 2020/3
基幹薬品 電子薬品
Quarterly Sales of Chemicals by Region
Consolidated(Millions of yen)
(Chemicals for Electronic Components)Core Products: Via fillingPWBs, connectors, surface treatment (plating) chemicals for semiconductor sector
(Key Chemicals) Core Products: POPChemicals for decoration and rust-proof,surface treatment (plating) chemicals mainly for automotive components and water faucet clasps
FY3/16 FY3/17 FY3/18 FY3/19 FY3/20
Key Chemicals Chemicals for Electronic Components
1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q
17
Quarterly Sales of Chemicals by Region
Japan(Millions of yen)
394 417 410 422
385 403
458 431 425 415
449 430 419 408
474
409 421 433 409 406
570 558 559
542 527
582
642
587
622 645
677
612 622
578
633
518 547 542
558 538
0
100
200
300
400
500
600
700
800
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
2016/3 2017/3 2018/3 2019/3 2020/3
基幹薬品 電子薬品
FY3/16 FY3/17 FY3/18 FY3/19 FY3/20
1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q
Key Chemicals Chemicals for Electronic Components
18
Quarterly Sales of Chemicals by Region
Overseas
792 806 819 896
829 757 807 830
916 852 885
943 914 905 1,018 970 936
868 928 976
1,939
2,197 2,268
2,064
1,771
2,026
2,211
2,370 2,229
2,573
2,796
2,947
2,547 2,678
2,957
2,674
2,187
2,598
2,783 2,820
0
500
1,000
1,500
2,000
2,500
3,000
3,5001Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
2016/3 2017/3 2018/3 2019/3 2020/3
基幹薬品 電子薬品
FY3/16 FY3/17 FY3/18 FY3/19 FY3/20
(Millions of yen)
1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q
Key Chemicals Chemicals for Electronic Components
19
Quarterly Sales of Chemicals by Region
China
426 439 442 496
463 407
454 472 522 497
530 582 600 580
664 615 607
539 591
632
879
1,044 1,107
916
730
926
1,093
1,167
974
1,205
1,337 1,373
1,200 1,198
1,491
1,171
973
1,227
1,447
1,337
0
200
400
600
800
1,000
1,200
1,400
1,6001
Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
2016/3 2017/3 2018/3 2019/3 2020/3
基幹薬品 電子薬品
(Millions of yen)
FY3/16 FY3/17 FY3/18 FY3/19 FY3/20
1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q
Key Chemicals Chemicals for Electronic Components
20
Quarterly Sales of Chemicals by Region
Taiwan
34 40 31 38 23 25 18 27 29 35 29 38
17 25 23 24 17 23 42 54
491
563 569
641
468 502 504
584 593
665
759
802
589 604
689
642
480
659
697
796
0
100
200
300
400
500
600
700
800
900
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
2016/3 2017/3 2018/3 2019/3 2020/3
基幹薬品 電子薬品
(Millions of yen)
FY3/16 FY3/17 FY3/18 FY3/19 FY3/20
1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q
Key Chemicals Chemicals for Electronic Components
21
97 100 106 114 105 98 100 112 117 101 105 99 90 86 84 87 76 77 73
97
430 453
423
368 398
434 437 416
484 503
522
575 574
676
573
657
503 482
412
470
0
100
200
300
400
500
600
700
800
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
2016/3 2017/3 2018/3 2019/3 2020/3
基幹薬品 電子薬品
FY3/16 FY3/17 FY3/18 FY3/19 FY3/20
Quarterly Sales of Chemicals by Region
South Korea(Millions of yen)
1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q 1Q 2Q 4Q3Q
Key Chemicals Chemicals for Electronic Components
22
0
2,000
4,000
6,000
8,000
5,000
10,000
15,000
20,000
25,000
06/3 07/3 08/3 09/3 10/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 20/3 21/3
売上高 営業利益 当期純利益
Financial Results since Listing (incl. Forecast)
22,300
4,400
22,000
6,400
4,400
6,200
Op
erating P
rofit &
Pro
fit
Net Sales
(Millions of yen) (Millions of yen)
Listed on TSE 2nd Section in Dec. 2005
Upgraded to TSE 1st Section in Mar. 2007
FY3/06 FY3/07 FY3/08 FY3/09 FY3/10 FY3/11 FY3/12 FY3/13 FY3/14 FY3/15 FY3/16 FY3/17 FY3/18 FY3/19 FY3/20
(Forecast)
Net sales ProfitOperating Profit
FY3/21
23
15,677 15,622
18,580 18,605 18,032 18,561
1,421 1,195
1,345 1,429 1,324
1,219 2,720 3,942
3,194
4,796
2,936 2,201
35
27 19 19,818
20,760
23,120
24,866
22,139 22,000
0
5,000
10,000
15,000
20,000
25,000
2016/3 2017/3 2018/3 2019/3 2020/3 2021/3
薬品事業(薬品) 薬品事業(仕入製品) 装置事業 その他
Annual Sales by Business (incl. Forecast)
(Millions of yen)
FY3/16 FY3/17 FY3/18 FY3/19 FY3/20 FY3/21
(Forecast)Chemicals Business (Chemicals)
Chemicals Business (Purchased Chemicals)
Machine Business
Other Businesses
6,297 6,400
697 (72) (2) (489)(30)
24
Changes in Consolidated Operating Profit (Forecast for FY3/21)
(YoY change)+103
(Millions of yen)
FY3/20Operating Profit
FY3/21Operating Profit
(Forecast)
■ Positive factors■ Negative factors
Incre
ase in
gross p
rofit o
f Ch
em
icalsB
usin
ess
(thro
ugh
YoY
increase
in sales)
De
crease in
gross p
rofit o
f Mach
ine
Bu
sine
ss(th
rou
gh Yo
Y d
ecrease in
sales)
De
crease in
gross p
rofit o
f Oth
er
Bu
sine
sses
(thro
ugh
YoY
decrease
in sales)
Incre
ase in
SG&
A exp
en
ses(in
cl. exchan
ge differen
ces)
Exchan
ge rate
imp
act of gro
ss p
rofits p
rese
nte
d in
finan
cial state
men
ts of o
verse
as sub
sidiarie
s
25
Topics
Environmental Initiativesto Reduce CO2 Emissions
26
Understanding the Current Status of Greenhouse Gases
Out of the greenhouse gases which have significant impact on global warming, JCU has been trying to keep track of and reduce the amount of carbon dioxide (CO2) emission.
In FY2018, our sites in Japan had lower total CO2 emissions attributable to electricity and gas than in FY2014. Looking at the numbers site by site, Niigata Plant, which is our production base, had the highest figure again in FY2018. Niigata Plant had lower CO2 emissions than in FY2017, however, with lower production volume of the products considered to be one of the factors. On the other hand, R&D Center had larger CO2 emissions than in FY2017, and we suspect that it was due to the introduction of equipment with a large electric capacity.
Total CO2 emissions from the sites in Japan
* The figures are calculated from the electricity and gas consumed at each site. * Calculations use the emission coefficient by electricity supplier (Ministry of the Environment)
and the coefficients for the following utility service providers: Joetsu City Gas and Water Utilities Bureau, Toho Gas, Lpgas Association, and TEPCO Energy Partner.
CO2 emissions by site in Japan
FY2014 FY2015 FY2016 FY2017 FY2018
FY2016 FY2017 FY2018
HeadOffice
Sales and Marketing
Department
OsakaBranch
KyushuSales
DistrictOffice
NagoyaBranch
R&DCenter
Niigata Plant(Production
Headquarters)
27
For Lower CO2 Emissions
In FY2019, JCU consolidated its Head Office (Taito-ku, Tokyo), which had occupied two floors, into one floor. With this measure, we can expect to reduce CO2 emissions from Head Office by approximately 3%.
Consolidating Office Floors
Niigata Plant (Joetsu City, Niigata Prefecture) has installed a solar power generation equipment, utilizing environmentally friendly energy and contributing to the reduction of CO2 emissions derived from thermal power generation. It is expected to make environmental contribution by helping the reduction of the operating rate of thermal power plants.
Introduction of Solar Power Generation Equipment
Effect of introducing solar power generation equipment *1 Based on the actual carbon dioxide (CO2) emission coefficient
published by Tohoku Electric Power.
*2 Based on the nitrogen oxide (NOx) emission intensity published by Tohoku Electric Power.
*3 Based on the sulfur oxide (SOx) emission intensity published by Tohoku Electric Power.
*4 Based on the coefficients from the performance in FY2015.
*5 Based on the coefficients from the performance in FY2016.
*6 Based on the coefficients from the performance in FY2017.
Other Specific Measures For Reducing CO2
Reduced CO2 emissions*1 (t-CO2/year)Reduced NOx emissions*2 (kg-NOx/year)Reduced SOx emissions*3 (kg-SOx/year)
FY2016*4 FY2017*5 FY2018*6
Installing additional solar power generation equipment at Niigata Plant (Production Headquarters). Replacing lightings to LEDs at R&D Center (Kawasaki City, Kanagawa Prefecture). Planting grapevines at Sorapuchi Farm, a subsidiary operating wine business. Formulating the reduction targets by 2023.
Reference
Company Profile
Major Distribution Channels
Major Products
2929
Founded in : December 1957
Established on : April 1, 1968
Capital stock : 1,220 million yen
Annual sales :Non-consolidated: 12.2 billion yen / Consolidated: 22.3 billion yen (For the fiscal year ended March 31, 2020)
Head office : TIXTOWER UENO 16F, 8-1 Higashiueno 4-chome, Taito-ku, Tokyo
Lines of business :
Manufacturing and sale of surface treatment chemicals, surface treatment machines, and related materials
RepresentativeDirectors :
Keiji Ozawa, Chairman and CEOMasashi Kimura, President and COO
Employees : Non-consolidated: 257 / Consolidated: 580 (As of March 31, 2020)
ISO Certificates
ISO9001 Production Headquarters, Chemicals Procurement Department, Head Office Sales and Marketing Department, and R&D Center (JCQA-0281)
ISO14001 Production Headquarters and R&D Center (JCQA-E-0143)
Company Profile
Major Distribution Channels
JCU
Co
rpo
ration
Ou
r ove
rseas
Sub
sidiarie
s
Spe
cialist platin
g co
mp
anie
s
Au
tom
ob
ile M
anu
facturers
JCU
Co
rpo
ration
Ou
r ove
rseas
sub
sidiarie
s
Sub
strate M
anu
facture
rs(in
Japan
, Ch
ina, Taiw
an,
Sou
th K
ore
a, etc.)
Smartp
ho
ne M
anu
facturers
Sem
icon
du
ctor
Man
ufactu
rers
Spe
cialist platin
g co
mp
anie
s
Customers (sold-to)
Man
ufactu
rers of au
tom
ob
ile p
arts (Tier 1
, Tier 2
)
Automobiles
Smartphones
30
Major Products
31
Chemicals Business
For decoration andrust-proofing(Key chemicals)
Automotive parts (front grilles, door handles, emblems, etc.)Faucet parts (water supply equipment, showerheads, drain plugs, etc.) Construction materials (bolts, nuts, etc.)
For electronic components(Chemicals for electronic components)
PWBs (reversible and multilayer substrates, build-up boards, package substrates, etc.)Electronic components (lead frames, chip components, connectors, etc.)Semiconductors (silicon wafers)
Machine
Business
Fully-automated surface treatment equipment
Fully-automated equipment from input of materials to completion of the plating process
Peripheral equipmentManufacturing and sale of filtration machines and other peripheral equipment to be attached to surface treatment equipment
Automatic analytical control systems
Automatic management of plating solutions by analyzing concentrations of chemicals and adding chemicals when an insufficient level is detected
Plasma system Etching and washing devices for PWBs as part of pre-plating processes
Solar power generation equipment
Installation and operation of solar power generation equipment (photovoltaic panels)
This material contains current plans and forecasts of future performance of the Company. These plans and forecast figures are prepared by the Company based on currently available information. This material does not give any assurance or guarantee of the Company’s future financial performance and actual results may differ substantially from these plans for a number of conditions or developments in the future.
JCU CORPORATION’s websiteURL: https://www.jcu-i.com/
Contact:Corporate Strategy OfficeTEL: +81-3-6895-7004
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