Message from the President

Greeting

Hirokazu Okada
President & CEO

We offer our sincere gratitude for your ongoing support and cooperation.

Business Philosophy "Quarter-Lead"

We (TOWA) are No.1 in the world for semiconductor molding equipment and precision molds to protect the semiconductor chips by using resin.

We hold the world’s top class core technology in ultra-precision mold. So far, we have accomplished various technology innovations in molding process such as multi-plunger system and compression system, singulation process (last half of molding process) and automation technologies relating to these.
Expanding technologies such as 5G, IoT (Internet of Things), AI (Artificial Intelligence) and automatic driving system and services using big data are all realized by semiconductors. Big growth in these business fields is expected to continue.
For many years we have led molding and singulation process in semiconductor packaging field. This success is wholly based on seeking what our customers really need thoroughly, putting our business philosophy "Strive to develop key technologies and maintain 'quarter-lead' over the competition in order to insure that our innovative products are always the first to market" into practice and creating new market.

Our original compression technology is the molding method with no resin flow and best for leading-edge semiconductor packaging ― the technology required for the packaging has become more and more difficult as layering and modularization in semiconductor memory and 5G related devices goes on.
And the compression method makes the efficiency in the use of resin almost 100%. The compression method contributes greatly to customer’s cost reduction and reduces the amount of waste, which makes it a more environmentally friendly molding technology.
The compression technology is unrivaled from its release in 2009.

"To the top of the world with change"

We achieved our ultimate goal of 50 billion yen in sales and 8 billion yen in operating income based on our long-term vision “TOWA 10-Year Vision,” announced in March 2014, in the fiscal year ending March 2022, which was two years ahead of schedule. In March 2022, we announced “TOWA Vision 2032,” a new long-term vision that aims to achieve sales of 100 billion yen and an operating margin of 25% in 10 years, with the theme of “To the Top of the World with change,” as well as the Mid-term business plan I to achieve these goals.
The Mid-term business plan I details the positioning and period for strengthening our foundation to achieve the “Top of the World,” as well as the development of new technologies and investment in manufacturing facilities. In addition, we will actively train human resources to pass on TOWA’s technologies to the next generation, and acquire human resources to expand our operations. Based on the theme of “Process Innovation by TOWA,” we will continue to provide products and services that allow our customers to experience high added value. At the same time, we will strive to improve our corporate value and enhance the satisfaction of our shareholders and other stakeholders by proactively addressing the SDGs and ESG. We look forward to the continuing support of our shareholders and investors.

January 2023

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