Mitsui High-Tec, Inc.
901.00
JPY
+143.00
(+18.87%)
ISIN
JP3892400007
Return %
Stock
S&P 500
1Y
21.92
14.39
3Y
-52.38
81.42
5Y
-29.83
68.62
Capital Structure
JPY
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in mil. unless spec.Working Capital
JPY
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in mil. unless spec.Growth Rates
JPY
•
in mil. unless spec.Quarterly Revenue
JPY
•
in mil. unless spec.Quarterly Earnings Per Share
JPY
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in mil. unless spec.Quarterly Dividends Per Share
JPY
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in mil. unless spec.Company Description
- CEO
- Yasunari Mitsui
- Full Time Employees
- 4,858
- Sector
- Electronic technology
- Industry
- Electronic production equipment
- Address
- 2-10-1, Komine Kitakyushu FK Japan 807-8588
- IPO Date
- Sep 3, 1984
- Website
- mitsui-high-tec.com
- Similar Companies
- Business
- Mitsui High-tec, Inc. (6966.T) manufactures and sells precision tooling, electronic components, electrical components, and machine tools primarily for the electronics, automotive, and industrial machinery industries. The company operates through four main segments: Tooling, which produces motor core dies, lead frame dies, mold dies, trim and form dies, and other stamping tools used in motor cores, IC lead frames, electric motor cores, automobile components, coins, and resin injection molding; Electronic Parts, offering open lead frames for semiconductor packages and related products; Electrical Parts, providing motor cores, stators, rotors, and laminations for household appliances, electric vehicles, and industrial applications; and Machinery, including surface grinders such as hand feed, semi-automatic, fully automatic, PC-controlled, CNC, and ECO-friendly models. Mitsui High-tec serves global markets with a focus on Japan, North America, Europe, and Asia, targeting semiconductor manufacturers, automakers, EV suppliers, and machinery producers. Founded in 1957 and headquartered in Kitakyushu, Fukuoka Prefecture, Japan, the company maintains subsidiaries and production facilities worldwide, including Mitsui High-tec (Canada), Inc. in Brantford, Ontario, and Mitsui High-Tec (Guang Dong) Co., Ltd. in China. In recent developments, Mitsui High-tec expanded its North American presence with the June 2023 announcement and April 2023 grand opening of a second manufacturing facility in Brantford, Ontario, spanning approximately 103,500 square feet for EV motor core production, backed by a CAD 102.3 million investment and expected to create 104 jobs by 2025; an ongoing 107,000 square foot expansion continues to bolster EV supply chain capacity. These initiatives reflect the company's strategic shift toward electric vehicle components amid growing hybrid and EV demand, with monthly output projected to reach 120,000 motor core units from the Canadian sites by year-end 2023. No major acquisitions, funding rounds, or partnerships involving Mitsui High-tec, Inc. itself were reported in the last 1-2 years, though operations emphasize precision manufacturing enhancements for global automotive electrification.