同社の前身の2社のうち、高千穂電気は1947年に東京で、大西電気は1958年に京都で、それぞれ設立された。両社はともに絶縁材料の取り扱いからスタートし、その後の技術開発の流れに沿ってエレクトロニクス製品向けの電子材料へと取扱品目を拡大させて、独立系技術商社として業容を拡大してきた。■Elematec ＜2715＞ Company Overview
1. History and Business Description
(1) History
Of the company's two predecessor companies, Takachiho Electric was established in Tokyo in 1947 and Onishi Electric in Kyoto in 1958, respectively. Both companies started by handling insulating materials, expanded their handling items to electronic materials for electronics products in line with the subsequent flow of technology development, and expanded their business as independent technology trading companies.
The two companies merged in 2009 (the surviving company is Takachiho Electric), and the company name was changed to Elematec Co., Ltd. While both business areas are mainly electronic materials, they have continued to grow by utilizing geographical complementarity relationships in Tokyo and Kyoto, but in 2012 it became a subsidiary of Toyota Tsusho by TOB, and has reached the present. After that, Toyota Tsusho announced TOB for all shares as of 2024/10/29, and it is scheduled to be delisted after TOB is established.
(2) Business description
The company currently handles a wide range of products such as electronic components and equipment, starting with electronic materials for electronics products. As a business foundation, it has 1,225 employees on a consolidated basis (as of the end of March 2024), 25 domestic locations, and 48 overseas locations. The business sites include a total of 3 locations: 1 in Japan and 2 in China that handle processing services.
The business is being developed globally, but the main customers are Japanese companies, and the overseas markets are mainly in China and the Asian region, reflecting the overseas expansion status of Japanese companies. The sales revenue composition ratio (based on financial statements) for the fiscal year ended 2024/3 was 54.8% in Japan, 20.8% in China (including Hong Kong), 15.1% in other Asia (Korea, India, Southeast Asia, etc.), and 9.3% in Europe and America (United States, Mexico, Czech Republic).
Since the company has a large number of customers, both suppliers and sales partners, and handles a wide range of products, grouping (classification) is essential for management. Currently, internal management and information disclosure are carried out by dividing them into 3 categories: Digital Electronics, Automotive, and Broad Market, as a classification by market using production items of client companies as standards (sales destination standards). The sales revenue composition ratio for the fiscal year ending 2024/3 is Digital Electronics 36.7%, Automotive 22.8%, and Broad Market 40.5%.
(Written by FISCO Visiting Analyst Noboru Terashima)
