Company Overview

1. Company Overview

Japan Airtech <6291> is the only domestic specialized manufacturer of clean air systems, leveraging a comprehensive product lineup and highly specialized technical expertise to offer clean-related products globally. With a focus on the semiconductor/electronics and bio fields that require high clean environments, the company has a wide range of products, design, and construction techniques. Their leading products hold the top market share domestically. According to the company's own estimates, the share of 'Fan Filter Units (FFU)' supplying purified air is at 62%, essential equipment for biological experiments such as 'Safety Cabinets' at 31%, 'Air Showers' installed at clean room entrances are at 36%, 'Clean Benches' for performing tasks while preventing dust and bacteria contamination are at 36%, and 'Clean Booths' providing air cleanliness-ensured space facilities are at 24% share (based on units).

In addition, Japan Airtech is a member of institutions and organizations such as the Japan Clean Air Association, Japan Scientific Instruments Association, Japan Biosafety Society, SEMI Japan, IEST (Institute of Environmental Sciences and Technology), ISPE (International Society for Pharmaceutical Engineering), and FIRM (Forum for Innovative Regenerative Medicine).

2. History

Established in 1973 for the purpose of manufacturing and selling air purification equipment, the company celebrated its 50th anniversary in December 2023. Since its early days, the company's mission has been to 'establish clean air system technology that is globally recognized and contribute to society.' In March 1974, the standard Clean Bench was completed, and the low-noise fan (LNF-1) was developed. In February 1975, the production of various clean air system products, including Air Shower devices, commenced. In December 1976, a manufacturing facility in Soka City, Saitama Prefecture, was established. The company was listed on the over-the-counter market of the Japan Securities Dealers Association in November 1991, then listed on the Tokyo Stock Exchange Second Section in July 1997, upgraded to the First Section in June 2005, and listed on the Tokyo Stock Exchange Prime Market in April 2022 following the exchange reorganization. Subsequently, in line with the Tokyo Stock Exchange's rule changes in April 2023, considering the compliance status with the listing maintenance standards of the Prime Market, a reconsideration of the listing category was conducted, resulting in a transition to the Tokyo Stock Exchange Standard Market in October 2023.

(Writer: FISCO analyst Tomoichi Murase)