Creating New Markets and New Businesses Through the Application of Core Technologies

「③ Create new markets by leveraging our core competencies※」

「シンギュレーション装置の売上高が大きく伸長したことにより、売上高は498億70百万円（前連結会計年度比9億11百万円、1.9％増）となりました。」

「③ Create new markets by leveraging our core competencies※」

「Against this backdrop, we decided to acquire the mold manufacturing business of K-Tool Engineering Sdn. Bhd. to achieve further business development and expansion through cooperation between our semiconductor manufacturing equipment and mold manufacturing businesses.」

「We also expanded revenue opportunities outside our main molding equipment business by making Fine International Co., Ltd. a subsidiary through a share acquisition. Fine International manufactures and sells blades, consumable parts for singulation equipment, and changed its name to TOWA Fine Co., Ltd. on 30 March 2022. We also completed a new building at the Kyoto East Facility to increase production capacity for expanding our cutting-tool and contract-processing businesses.」

「▶ Establish new businesses that can become new pillars through the application and development of our core technologies and transform our portfolio　▶ Launch TOWA original products　▶ Expand business opportunities through the global development of Total Solution Service (TSS), the modification business and other operations」

「As a leading company in semiconductor molding equipment, we provided the market with various solutions, including shipping the industry’s first full-scale mass-production equipment for ultra-large-panel PLP, an advanced packaging technology.」

「We pursued business development aimed at establishing a stable earnings structure. For example, revenue from contract processing applying our core ultra-precision machining technology during the six months ended 30 September exceeded the full-year result for the previous year, April 2018 to March 2019.」

「We actively pursued new businesses to put businesses applying and developing core technologies such as ultra-precision and precision machining and coating technologies on a growth trajectory and establish a stable earnings structure less affected by semiconductor market conditions.」

「The modification business of TOWA Korea Co., Ltd., which we acquired from a group company of Samsung Electronics of Korea in 2016, grew substantially, with sales approximately doubling and operating profit increasing approximately fourfold compared with the time of acquisition. We will continue to make active investments to further expand the scale of the business. In new businesses, we began developing a laser processing equipment business through the acquisition of shares in OMRON Laserfront Co., Ltd. in August 2018.」

「In China, our group operates TOWA Semiconductor Equipment (Suzhou) Co., Ltd. as a manufacturing base for semiconductor manufacturing equipment and Towa Semiconductor Equipment (Shanghai) Co., Ltd. as a sales base. China is currently making active economic development investments as part of its national policy to foster the semiconductor industry, and demand for semiconductor manufacturing equipment is rising above previous levels. Against this backdrop, we decided to acquire the mold manufacturing business of 精技電子（南通）有限公司 in order to achieve further business development and expansion through cooperation between our semiconductor manufacturing equipment and mold manufacturing businesses.」

「By combining the acquired company's laser-related technologies with our semiconductor back-end manufacturing technologies, we aim to enter new markets through the application and development of our core technologies. We also aim to expand revenue opportunities by taking over a sales platform supported by customer trust.」

「We also actively expanded Total Solution Service (TSS), which includes modifying products previously delivered by us and selling parts and used equipment.」

「To prepare for future demand for ultra-precision molds and molding equipment, we purchased metal 3D printers to build next-generation processing processes incorporating our expertise. We also invested in initiatives to apply and develop our core technologies and pursue new businesses, including introducing new ultra-precision machining equipment to expand orders and sales in new businesses that use our ultra-precision machining technologies.」

「In the fine-plastic molded products business, we are focusing on initiatives involving new products and expanding our business domain.」

「In new businesses, we will actively expand our glass-cutting business, contract manufacturing using precision machining technologies, the commercialization of TSS, a system providing services to improve equipment utilization and support production after delivery, the high-release coating technology Vancera, and consumables businesses such as CBN end mills and release films.」

「Meanwhile, we worked to actively pursue business strategies in new fields such as TSS, nanotechnology, tools and coatings, which we are developing based on our core technologies.」

「In new businesses, we will actively develop the glass-cutting business, contract manufacturing using micromachining technology, the high-release coating technology “Vancera,” and consumables businesses such as CBN end mills and release films.」