Investor Relation

Message to Shareholders

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We would like to express our appreciation to all shareholders and investors for your ongoing support.

In the fiscal year ended March 31, 2016, Tokyo Electron Device formulated its medium-term management plan VISION 2020, built on the fundamental principles of Growth, Stability, and Value Creation. We are implementing measures to achieve the plan targets for fiscal 2021 (FY3/21) of \200-\220 billion in net sales, with return on equity (ROE) of 10%. Fiscal 2018 (FY3/18) is the third year of this plan

Stable and continuous earnings growth in core businesses
TED's core businesses are the Electronic Components (EC) and Computer Networks (CN) businesses. The operating environment for both of these businesses has changed in recent years with mergers among manufacturers and advancements in cloud technologies. To respond flexibly to these changes and achieve stable and continuous earnings growth, TED is focusing on growth markets and products, as well as pursuing measures to improve profitability, expand the customer base, and enhance operational efficiency.

High value-added new businesses utilizing the existing business foundation
Our new business is the Private Brand business, in which we collaborate with customers, suppliers, and partners, utilize the technologies we have accumulated, and establish a new, high value-added business model.
In July 2017 we acquired Aval Nagasaki Corporation as a consolidated subsidiary, strengthening our structure for the development, design, and manufacture of circuit boards. By offering cutting-edge technologies and small-lot, large variety production, we will further enhance our design and contracted production services.
For our private brand products, TED is aiming to develop and introduce labor-saving products for the industrial sector, as well as energy-saving products mainly for the Southeast Asian region, where electricity costs are high.
In addition, in the Internet of Things (IoT) field, we have begun offering a cloud service developed in-house, aiming to establish a charged services business model with ongoing payment at rates based on usage period or volume.

We continue to make steady efforts to achieve the plan targets. We are also making a concerted effort, together with shareholders and all stakeholders, to create new value, and further enhance enterprise value. Thank you for your continued support.

Atsushi Tokushige
President & Representative Director