Group 2014 - MIMAKI ENGINEERING Company / IR Siteir-eng.mimaki.com/archives/017/6638_Business...

Innovation.

Securities Code: 6638 Business Report

2014The Financial Report for the 39th Term

The contents are based on data as of March 31, 2014.

April 1, 2013–March 31, 2014

Shareholder Information

WIZTEC Co., Ltd.(Japan)

PT. MIMAKI INDONESIA(Indonesia)

MIMAKI AUSTRALIAPTY LTD(Australia)

MIMAKI USA, INC.(U.S.A.)

MIMAKI PRECISION Co., Ltd.(Japan)

GRAPHIC CREATION Co., Ltd.(Japan)

MIMAKI BRASIL COMERCIOE IMPORTACAO LTDA(Brazil)

MIMAKI ENGINEERING(TAIWAN) Co., Ltd.(Taiwan)

MIMAKI SINGAPORE PTE. LTD.(Singapore)

Mimaki Deutschland GmbH(Germany)

MIMAKI EUROPE B.V.(The Netherlands)

MIMAKI IJ TECHNOLOGY (ZHEJIANG) CO., Ltd.(China)

Shanghai Mimaki Trading Co., Ltd.(China)

MIMAKI INDIA PRIVATE LIMITED(India)

GroupNetworkAffiliates

(Notes)

1. For inquiries on address changes or other procedures pertaining to shares, please contact the account management institution (securities firm, etc.) with which your account is held. Please note that the shareholder registry administrator (Mitsubishi UFJ Trust and Banking Corporation) cannot handle these procedures.

2. For procedures relating to shares registered in the special account, Mitsubishi UFJ Trust and Banking Corporation is our account management institution for special accounts. Please contact the above account management institution. In addition, any branches of Mitsubishi UFJ Trust and Banking Corporation in Japan can handle these procedures.

3. Unreceived dividends are paid at the head office of Mitsubishi UFJ Trust and Banking Corporation.

Business year From April 1 to March 31

General meeting of shareholders

Within three months from the end of each business year

Record date Annual meeting of shareholders March 31Year-end dividend March 31Interim dividend September 30Or a date announced beforehand if necessary.

Share unit 100 shares

Shareholder registry administrator and account management institution for special accounts

Mitsubishi UFJ Trust and Banking Corporation4-5, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-8212, JapanMitsubishi UFJ Trust and Banking CorporationTransfer Agent Department7-10-11, Higashisuna, Koto-ku, Tokyo 137-8081, JapanTel: 0120-232-711 (toll free)

Method of public notice

Public notices are posted on our website (http://www. mimaki.co.jp/). However, if an electronic public notice cannot be given due to unavoidable circumstances, it will be published in the Nihon Keizai Shimbun.

Listings Tokyo Securities Exchange JASDAQ (Standard)

Securities Code: 6638

Overview of MIMAKI ENGINEERING

We entered the fiscal year ended March 2014 with the slogan

“M500 Start,” which expressed our medium-term goal of

achieving consolidated net sales of 50 billion yen. Our

consolidated results for the fiscal year under review saw net

sales increase 29.8% year on year to 40,362 million yen, while

operating profit jumped 215.7% to 2,957 million yen and

ordinary profit rose 1,994.2% to 1,668 million yen. Net profit

increased 566.1% to 884 million yen.

With the correction of excessive yen appreciation, overseas

sales grew substantially. Even discounting for the effects of yen

depreciation, we maintained strong growth in net sales both in

and outside Japan. In addition to steady performance for entry

models in the SG, IP and TA markets, the 500 series of high-

speed, high-end machines, for which full-scale sales got

underway in the fiscal year under review, also contributed to

the increase in sales. The rise in demand for digital on-demand

production, which we took the initiative in developing, became

prominent. This, coupled with the effect of releasing the 500

series, drove considerable growth in the IP and TA markets for

industrial applications, which are becoming the second and

third foundations of our business alongside the SG market. We

also focused on expanding our marketing and maintenance

service bases in and outside Japan during the fiscal year under

review and promoted the global spread of sales operations

closely integrated with regional communities. In R&D, we

launched a 3D printer development project, which uses patents

obtained through our UV curable inkjet technology, marking

the start of initiatives in a new development field.

Concurrently, issues that we need to address to achieve

sustainable growth were thrown into relief. In particular, we see

inventory management as a top-priority issue. We are working

to ensure thorough management of inventories by keeping

production, marketing, and inventory in line with each other

and enhancing cooperation with relevant departments. Taking

seriously the results for the fiscal year under review in which we

recorded a large amount of non-operating expenses, we will

also push ahead with the creation of a system to ensure that

profits once earned are securely retained.

In the fiscal year ending March 2015, we will launch the

JV300 series of new products for the SG market and further

improve business performance focused on enhanced promotion

of digital on-demand production in the IP and TA markets.

We have set the year-end dividend for the fiscal year at under

review 3.50 yen per share, which we hope is satisfactory. I look

forward to your ongoing support and encouragement. Thank you.

June 2014

Hisayuki KobayashiPresident, MIMAKI ENGINEERING CO., LTD.

Before presenting the business report for the 39th term (April 1, 2013

to March 31, 2014), I would like to address a few words to our

shareholders, and particularly to express my sincere appreciation for

your continued support.

The adoption rate of digital on-demand production in manufacturing is still low . . .

The latent market is large, as is the potential for growth of our business!

SG Market IP MarketTA Market Others

SG Market IP MarketTA Market Others

53.7%26.0

%

12.7%

7.6%

73.5%

14.4%

4.6% 7.5

%

(forecast)

Percentage of net sales

FY2009

Percentage of net sales

FY2015

Changing consumer needsIndividualization of design

Shorter fashion cycle

Mounting environmental awareness

Energy savings and space savings

(High-mix small lots and eco-friendliness)Change in manufacturing

The proportion of sales accounted for by the IP and TA markets is expanding with the progressive growth

of digital on-demand production.

SG (Sign Graphics) Market IP (Industrial Products) Market TA (Textile & Apparel) Market Others

Net Sales

43.5 billion yen(forecast)

Net Sales

40.3 billion yen

Net Sales24.3 billion yen

FY2015

FY2014

FY2009

The IP and TA markets are making a good showing!

In five years, sales in the IP market grew by about threefold and in

the TA market by about fourfold!

IP Market

6.5billion yen

TA Market

3.3billion yen

Making the IP and TA Markets Our Second andThird Business Foundations Alongside the SG Market

The SG market is indeed the core of our sales, but the IP and TA markets have increased their sales component ratio.

2 3

To Our Shareholders

For the fiscal year ending March 2015

Net sales Operating profit Ordinary profit Net profit

43,507 million yen

(Up 7.8% year on year)

2,671 million yen

(Down 9.7% year on year)

1,946 million yen


1,390 million yen


2012.3

26,87631,090

40,362

43,507(Forecast)

2015.32014.32013.3 2012.3

419

936

2,957 2,671(Forecast)

2015.32014.32013.3 2012.3

27479

1,668

1,946(Forecast)

2015.32014.32013.3 2012.3

214 132

884

1,390(Forecast)

2015.32014.32013.3

(Unit: millions of yen) (Unit: millions of yen) (Unit: millions of yen) (Unit: millions of yen)

February 1985 CAD market

3,500

3,000

2,500

2,000

1,500

1,000

500

0

–500

40,000

35,000

30,000

25,000

20,000

15,000

10,000

5,000

0

85 86 87 88 96 97 98 99 00 01 02 03 04 05 06 07 08 09 1110 12 13 14 15(Forecast)

An entry-level machine that expands the customer base of UV machines

UV LED Curable Flatbed Inkjet Printer

UJF-3042

Trends in Business Performance

Pen Plotter

“Hokusai”

Off-Center Cut Method

Cutting Plotter

CG-60/90

High-image-quality solvent printer equipped with a print heater

Solvent Inkjet Printer

JV3-130S/160S02

Grand Format SolventInkjet Printer

JV5-320SThe industry’s first high-definition 3.2-meter-wide printer

March 2004 Industrial Products market

1007

85 04

The first commercial use of white ink in an inkjet printer

Flatbed UV-Curable Inkjet Printer

UJF-605CHorizontal deployment across three markets in our first venture into platform-based design

High-Speed, High-Definition High-End Machine

500 series

March 1987 Sign Graphics market

Cutting Plotter

MF-220C87

October 1998 Textile & Apparel market

The leader in the digital textile sector

Digital Textile Inkjet Printer

TX-1600S98 131313

28,235

24,394 23,28425,620 26,876

31,090

40,362

43,507

VISION 4

VISION 1

VISION 2

VISION 3

88

The first in the sign market to adopt pigmented ink

Inkjet Printer

JV-1300

96

Sign Graphics market Industrial Products market Textile & Apparel market

Ordinaryprofit

Unit: millions of yen

Net Sales

Unit: millions

of yen

FY

Management

Vision

Be a development-driven company supplying MIMAKI branded products to the world using our proprietary technologies.

Be a company agile enough to quickly provide products that satisfy customers.

Be an innovator that always provides innovation and a real difference to the market.

Have a business culture in which each employee can make full use of his or her individuality and capabilities.

MIMAKI ENGINEERING aims to be a market-oriented, development-driven company that pursues the potential of on-demand production based on its inkjet and cutting technologies. Our aim is as follows.

M500 Project Targeting Consolidated Net Sales of 50 Billion Yen Makes a Good Start

The IP and TA markets for industrial applications made a strong showing, resulting in new records in net sales and operating profit.

Net Sales ProfitsWith the correction of excessive yen appreciation, overseas sales grew substantially in the fiscal year under review. Even discounting for the effect of yen depreciation, there was strong growth in net sales both in and outside Japan. In addition to our main entry-level models, which returned healthy performances in each of the SG, IP, and TA markets, high-end models in the 500 series and products for emerging nations also helped to boost sales. As a result, net sales reached 40,362 million yen, a substantial increase of 29.8% year on year, setting a new record.

We forecast further growth in the IP and TA markets, in which we can offer unique added value in response to the globally growing demand for digital on-demand production. We also anticipate sales growth to come from expansion of our market share in the SG market with the JV300 series of new products that feature improved competitiveness. We will push vigorously to increase profitability on a group-wide basis to solidify our business foundation. This will include focusing on the goals of the M500 project, practicing thorough inventory management, cutting manufacturing costs, and reducing exchange rate risk.

The effect of the yen depreciation also helped improve the cost of sales ratio, as our plants in Japan are our main production bases. Operating profit rose 215.7% to 2,957 million yen, setting a new record. Ordinary profit stood at 1,668 million yen, compared with 79 million yen the previous fiscal year, despite the recording of an exchange rate loss and an investment loss on equity in an Indian subsidiary, and net income jumped 566.1% to 884 million yen.

Net sales

40,362 million yen


Operating profit

2,957million yen


Ordinary profit

1,668 million yen

(Up 1,994.2% year on year)

Net profit

884 million yen


Planned increase

from 7 yento 10 yen

4 5

Trends in Business Performance Financial HighlightsConsolidated Performance Highlights for the Fiscal Year Ended March 2014

7,2569,299

11,130

12,614(Forecast)

2015.3

8,0329,452

10,348(Forecast)

2014.32013.32012.3

2015.3

3,289 3,857

6,658(Forecast)

2014.32013.32012.3

2015.3

8,297 8,481

13,885(Forecast)

2014.32013.32012.3

2015.3

10,491

6,004

12,736

2014.32013.32012.3

(Unit: millions of yen)




7,2569,299

11,130

12,614(Forecast)

2015.3

8,0329,452

10,348(Forecast)

2014.32013.32012.3

2015.3

3,289 3,857

6,658(Forecast)

2014.32013.32012.3

2015.3

8,297 8,481

13,885(Forecast)

2014.32013.32012.3

2015.3

10,491

6,004

12,736

2014.32013.32012.3




(Unit: millions of yen)7,256

9,29911,130

12,614(Forecast)

2015.3

8,0329,452

10,348(Forecast)

2014.32013.32012.3

2015.3

3,289 3,857

6,658(Forecast)

2014.32013.32012.3

2015.3

8,297 8,481

13,885(Forecast)

2014.32013.32012.3

2015.3

10,491

6,004

12,736

2014.32013.32012.3





7,2569,299

11,130

12,614(Forecast)

2015.3

8,0329,452

10,348(Forecast)

2014.32013.32012.3

2015.3

3,289 3,857

6,658(Forecast)

2014.32013.32012.3

2015.3

8,297 8,481

13,885(Forecast)

2014.32013.32012.3

2015.3

10,491

6,004

12,736

2014.32013.32012.3





Percentage of net sales by region Percentage of net sales by product category

26.0%

54.7%31.1%

74.0%

14.9%31.5%

17.9%

9.7%

7.7%6.5

%

Machines

Inks

Others

Spare partsJapan

NorthAmerica

Europe

Asia, Oceania

Overseas

Others

We invited customers to Mimaki Application

Lab (MAL) workshops, where they were given

free hands-on demonstrations on how to use

our products profitably. In addition, the efforts

made by our 13 sales bases, including the three

new offices opened during the fiscal year under

review in Kyoto, Kobe, and Shikoku, helped

push net sales higher year on year in each of

the SG, IP, and TA markets.

In addition to solid sales in the SG market, in

which existing products did particularly well,

there was sales unit growth for the UJF-6042

in the IP market and the TS500-1800 and

TS34-1800A sublimation printers in the TA

market. The boost from a weaker yen and

stronger euro helped push net sales higher

year on year.

Entry-level models for the SG market and the

UJF-6042 model and 500 series for the IP and

TA markets contributed to increased sales,

while the boost from a weaker yen and

stronger dollar was also a factor in the strong

year-on-year growth in sales. Meanwhile, we

strengthened our net sales force by opening a

new sales office in the United States in

October 2013.

Supported by successful sales operations

closely integrated with regional communities

and conducted by sales subsidiar ies in

emerging nations, we posted strong progress

in the Asia, Oceania and other regions. We

recorded year-on-year growth in sales with

strong demand for the JV33 series, especially

for sale to the SG market in China.

11,318(Forecast)

17,071 18,558

23,402(Forecast)

2014.32013.32012.3

5,4287,310

2014.32013.32012.3

1,8602,566

22,140

10,091

4,443

5,510(Forecast)

2014.3

2015.3

2015.3

2015.32013.32012.3




11,318(Forecast)

17,071 18,558

23,402(Forecast)

2014.32013.32012.3

5,4287,310

2014.32013.32012.3

1,8602,566

22,140

10,091

4,443

5,510(Forecast)

2014.3

2015.3

2015.3

2015.32013.32012.3




11,318(Forecast)

17,071 18,558

23,402(Forecast)

2014.32013.32012.3

5,4287,310

2014.32013.32012.3

1,8602,566

22,140

10,091

4,443

5,510(Forecast)

2014.3

2015.3

2015.3

2015.32013.32012.3




Net sales: 10,491 million yen (Up 11.0% year on year)


29,871 million yen

74.0%

Consolidated net sales outside Japan

Percentage of consolidated net sales



Japan

Europe

North America

Asia, Oceania, and OthersIP market

TA market

Percentage ofnet sales

54.9％


25.0％


11.0％


54.9％


25.0％


11.0％


54.9％


25.0％


11.0％

Spare parts 6.5%, Others 2.6%

We provide products and services to customers in some 80 countries.

Business performance for the fiscal year ended March 2014




The products for this market are models aimed at the SG market, such as advertisements and signboards. Among our existing main entry-level models, a particularly important contribution to sales came from the JV33 series, a long-selling product range that continued solid sales growth thanks notably to the expansion of sales routes realized in advanced Western and emerging nations. Furthermore, the SWJ-320, which has specifications for emerging nations and others, contributed to increased sales. This resulted in steady performance for both machines and consumables such as ink and net sales of 22,140 million yen (up 19.3% year on year).

The products for this market are used in the manufacture of industrial products. A strong performer was the high-end UJF-6042 model, which, with double the printing size of the leading UJF-3042HG model, delivers the finer print quality required in industrial printing. In addition, we achieved sales unit growth for the high-end JFX500-2131, a large flatbed printer, and for the JFX200-2513, an entry-level model. These efforts contributed significantly to increased sales, including of consumables such as ink, resulting in a 38.0% year-on-year rise in net sales to 10,091 million yen.

The products in this market are used in the textile industry (fabric before cutting and sewing) and the apparel industry (ready-to-wear clothes such as T-shirts). Our successful promotion of sublimation-type printing, which offers both environmental and cost benefits by cutting out the post-printing washing process, led to sales unit growth for sublimation printers in both the TS 34-1800A of existing entry-level models and high-speed, high-definition, high-end 500 series. Sales of sublimation ink grew substantially, which contributed greatly to the overall sales growth of the TA market. This resulted in 73.1% year-on-year growth in net sales to 4,443 million yen.

SG market

6 7

Financial HighlightsPerformance Highlights by Market for the Fiscal Year Ended March 2014

Financial HighlightsPerformance Highlights: Market Conditions by Region and Product Category for the Fiscal Year Ended March 2014

1985–2005

1985

2001

2002 2004

20052003

2003

2004

20022005

2006 2007 2008 2009 2010 2011 2012 2013 2014

Drafting Plotter

Cutting Plotter 2000

March

UJF-605CFlatbed UV-Curable Inkjet Printer

October

CG-75ML+JV3-75SPPrint & Cut Combination

December

CF2 seriesFlatbedCutting Plotter

March

UJV-110Roll-Fed UV-Curable Inkjet Printer

June

JV22-130/160Full-Color Inkjet Printer

June

JV3-160SPSolvent Inkjet Printer

October

JV3-75SP /130SPSolvent Inkjet Printer

October

Tx3-1600Digital Textile Inkjet Printer

April

CG-160FXCutting Plotter with High-SpeedCrop-Marker Sensor

June

Fine Cut for CorelCutting Softwarefor Corel Draw

June

CG-130FXCutting Plotter with High-SpeedCrop-MarkerSensor

January

CG-50High-Speed Cutting Plotter

November

CG-100SDHigh-Speed Cutting Plotter

February

HF-500Heat Pen Cutting Plotter

January

CG-6/9/12Low-Cost Cutting Plotter

January

Vector LinkCutting Software for PS(Mac OS)

January

ZusakuGravestone DesignSupport System

April

NC-5Modeling Machine

July

My BrainEngraving System

August

CG-51/61/101/121Low-Cost Cutting Plotter

March

ME-500Engraving Machine

December

MI POPPOP Making System

December

IttoboriSoftware for CuttingGravestone CharacterMasking Sheets

December

VestaCutting Software

1992

1993

1994

1995

1996October

CAM LINKCutting Data Conversion Software

1997January

CG-100AP1-meter-Width ApparelPattern Cutting Plotter

1998March

My Brain VehicleCutting System forCar Film

May

CG60/100/130EXCutting Plotter withCrop-Marker Sensor

November

CF-0912/1215Large Format FlatbedCutting Plotter

1996

October

JV-1300Full-Color Inkjet Printerwith Water-BasedPigment Ink

October

Raster LinkSoftware RIP for PS2

1998April

JV2-130Full-Color Inkjet Printerwith Six-Color Pigment Ink

1999November

JV2-180Large FormatFull-Color Inkjet Printer

October

TX-1600SDigital TextileInkjet Printer

Inkjet Printer

March

MF-220CA2 Flat Cutting Plotter

June

CG-45Desktop Cutting Plotter

October

CG-60/90For overseas:Cutting Plotter

October

CG-90SDCutting Plotter

January

CG-120Cutting Plotter withAuto-Roll Feeder

June

MC-300SDesktop Cutting Plotter

September

CF-120120-cm-WidthFlatbed Cutting PlotterNovember

CG-90APApparel PatternCutting Plotter

December

CF-70A1 FlatbedCutting Plotter

1988

1989

1990

1991

Cutting Plotter

1987

December

CG-60StDesktop Cutting Plotter

2000November

TX LinkSoftware RIPfor Textile Printing

1999

June

CG-100/130LxHigh-Speed Cutting Plotter

2000January

Fine CutPlug-In Cutting Softwarefor Illustrator

June

CFR-1220Reciprocal Cutter

1985

1995

February

MF-120A2 Flat Pen Plotter[Hokusai]

July

MG-110A1 Pen Plotter[Hokusai] 1989

May

MR-11Thermal Plotter

1993January

MX-340/360/390Low-Cost Pencil Plotter

November

MR-1600LED Plotter A1 Version

1994May

MR-1900LED Plotter A0 Version

March

JP-560/590MonochromeInkjet Plotter

1997December

JP-660/690CFull-Color Inkjet Plotter

Drafting Plotter

April

MX-11/10Servo-Style Pen Plotter

1986

1988July

MX-11/10PPencil Plotter

April

MX-760/790High-SpeedPencil Plotter

1991

June

JV4-130/160/180Large Format Full-Color Inkjet Printer

January

DM2-1810Flatbed Inkjet Printer

April

JV3-250SPSuper-Wide Solvent Inkjet Printer

November

GP-604Garment Printer

September

JV3-130S/160SSolvent Inkjet Printer

October

Raster Link ProSoftware RIP for PS3

August

TX2-1600Digital Textile Inkjet Printer

MarchGP-604DGarment Printer

AprilUJF-605RRoll-Fed UV-Curable Inkjet Printer

MayJV3-250SPFSuper-Wide Solvent Inkjet Printer

AugustRaster Link ProSoftware RIP for PS3

OctoberGP-1810DGarment Printer

NovemberDS-1600/1800Direct Dye Sublimation Printer

DecemberJV3-130SLSolvent Inkjet Printer

January

MimakiProfile MasterColor ManagementSystem

January

UJF-605CFlatbed UV-CurableInkjet Printer

January

IPF-1610B/1610B-UIndustrial FlatbedUV-CurableInkjet Printer

February

UJF-3042UV LED CurableFlatbed Inkjet Printer

February

Tx400-1800BDigital Textile Inkjet Printer with Adhesive Belt Carrier System

March

JV34-260Super Wide FormatInkjet Printer

February

UJF-3042HGUV LED CurableFlatbed Inkjet Printer

March

JV400-130/160LXLatex Inkjet Printer

February

TPC-1000Printer Cutter for Sports Apparel

February

TS3-1600Dye Sublimation Printer for Sports Apparel

April

Raster Link Pro5SG/IP/TASoftware RIP for PS3Cutting Software

February

TS5-1600AMFDye Sublimation Printer for Sports Apparel

July

Mimaki Profile MasterColor ManagementSystem

August

CJV30-60/100/130/160Printer Cutter

August

Raster Link Pro4 SG/IP/TASoftware RIP for PS3Cutting Software

September

UJV-160Hybrid UV LEDCurable Inkjet Printer

August

UJF-605RRoll-Fed UV-CurableInkjet Printer

September

Raster Link Pro /IP /TASoftware RIPCompatiblewith PS3

June

JV5-130S/160SUltrahigh-SpeedSolvent Inkjet Printer

December

JF-1610/1631Large Format FlatbedUV-CurableInkjet Printer

October

CG-60SRDesktop Cutting Plotter

November

CG-60SLFor overseas:Low-CostDesktop Cutting Plotter

January

CF3-1631/1610Flatbed Cutting Plotter withRouter Head

October

Tx400-1800DDigital TextileInkjet Printer

December

UJF-706Flatbed UV-CurableInkjet Printer

August

JV5-320SGrand Format Solvent Inkjet Printer

August

JV33-130/160Solvent Inkjet Printer

February

JV33-260Super-Wide Solvent Inkjet Printer

May

JFX-1631Large Format UV LED Curable Flatbed Inkjet Printer

March

CG-75/130/160FXMulti Cutting Plotter

May

CG-100SRHigh-QualityCutting Plotter

August

APC-130Large Format CADCutting Plotterfor Apparel

January

JV5-320DSDirect Printing / Dye SublimationGrand FormatInkjet Printer

November

TS34-1800ADye Sublimation Printer for Sports Apparel

November

JFX-1631plusLarge Format UV LEDCurable FlatbedInkjet Printer

November

JFX-1615plusLarge Format UV LED CurableFlatbed Inkjet Printer

April

TS500-1800Ultra High-SpeedDye SublimationInkjet Printer

May

JV400-130/160SUVSolvent UV Inkjet Printer

May

SWJ-320S2/320S4For emerging nations:Grand FormatSolvent Inkjet Printer

June

Tx500-1800DSDirect Printing Inkjet Printer

JV300-130/160Solvent Inkjet Printer

June

September

JFX500-2131UV LED Curable

Flatbed Inkjet Printer

December

UJF-6042UV LED Curable Flatbed Inkjet Printer

April

UJV500-160UV LED Curable Roll-to-Roll Inkjet Printer

September

UJF-3042FXUV LED CurableFlatbed Inkjet Printer

April

High-QualityCutting Plotter

CG-60/100SR

Tx500-1800BDigital Textile Inkjet Printer with Adhesive Belt Carrier System

October

JFX200-2513December

UV LED Curable Flatbed Inkjet Printer

8 9

Product Development History

Executive Chairman Akira IkedaPresident Hisayuki KobayashiExecutive Vice President Sakae SaganeExecutive Director Masaaki FujitaDirector Kazuaki IkedaDirector Osamu KobayashiDirector Kazuyuki TakeuchiCounselor for Director Noriyuki TanakaDirector (Outside) Makoto TanakaAuditor (Full-Time) Masayoshi TsuchiyaAuditor (Outside) Tomokazu IwashitaAuditor (Outside) Yukio Tsuchiya

good

good

good

good

good

good

good

good

good

Corporate Profile

Corporate Website

Click here

In addition to the latest information, including press releases, our corporate website contains contents to give visitors a deeper understanding of MIMAKI ENGINEERING’s business, products, and services. Please have a look.

Homepage Company profile

Address http://eng.mimaki.co.jp/

In May 2014, we launched the JV300 series as the successor models to our JV33 series of leading products for the SG market.

The JV300 series produces beautiful, vivid print quality at a practical print speed of 20 m2/hour, which is 1.7 times faster than the JV33 series. We brought together technologies that we had developed thus far into these cutting-edge machines featuring enhanced competitiveness, with which we will increase our share of the global SG market, thereby ensuring a solid earning basis for the Group.

A practical print speed of 20 m2/hour, 1.7 times faster than conventional products

More beautiful, more brilliant printing with the addition of new colors of our original solvent ink

A continuous operation solution that does not stop users’ work

Wide-format inkjet printer for solvent ink

Loft & Fab, which opened at Seibu Shibuya Department Store in November 2013, installed one of our UJF-3042HG machines.

At Loft & Fab, you can use the UJF-3042HG to print photos or illustrations that you bring to the store onto unbranded products bought at Loft or MUJI, allowing you to easily create with your own hands, right on the spot, your own original products. This adds the fun of making things to the fun of selecting products by enabling you to further process the products.

Seibu Shibuya Department Store

Tel: +81-3-6416-3335

http://andfab.jp/

New colors(Light black and orange)

DIY Customize Workshop

Model Change in Main Products for the SG Market

Amazing Features!

Ink colors

Sign & Graphics

Outstanding speed, stunnig beauty

Business Locations

Accounting AuditorDeloitte Touche Tohmatsu LLC

Corporate Name MIMAKI ENGINEERING CO., LTD.Foundation August 1975Capital 2,015,160,000 yenBusinesses Development, manufacturing, and

sales of computer devices and software

Employees 1,202 (consolidated) / 617 (parent company only)

Board Members (As of June 25, 2014)

Head Office and Headquarters

2182-3 Shigeno-Otsu, Tomi-shi, Nagano 389-0512, Japan

Kazawa Factory 1333-3 Kazawa, Tomi-shi, Nagano 389-0514, Japan

Nagano Development Center

520-1 Kitanagaike, Nagano-shi, Nagano 381-0025, Japan

Sales Bases Tokyo, Osaka, Sapporo, Sendai, Nagano, Saitama, Kanazawa, Nagoya, Kyoto, Kobe, Hiroshima, Shikoku (Takamatsu), and Fukuoka

61,357 shares (0.44%) 658,500 shares (4.73%)

Financial institutions

Financial instruments firms

Other Japanese corporations

Overseas corporations, etc.

Individuals and others

4,573,000 shares (32.85%) 6,017,543 shares (43.23%)

2,609,600 shares (18.75%)

Ownership Breakdown

Stock Information

Shareholder nameNumber of shares

held (shares)Investment ratio (%)

Ikeda Holdings, Inc. 2,183,600 15.69Japan Trustee Services Bank, Ltd. 1,593,700 11.45Tanaka Kikaku Ltd. 1,200,000 8.62MIMAKI ENGINEERING Employee Stock Ownership 1,167,800 8.39Noriyuki Tanaka 1,009,300 7.25Tokyo Small Business Investment Co. 762,000 5.47Hachijuni Bank, Ltd. 420,000 3.02Akira Ikeda 416,600 2.99AVASYS CORPORATION 360,000 2.59Nomura Trust and Banking, Ltd. 315,300 2.26

Note: The Company holds 488,865 shares of treasury stock, which are excluded from the above list of major stockholders.

Total Number of Authorized Shares 40,080,000 sharesTotal Number of Issued Shares 13,920,000 sharesNumber of Shareholders 1,655Major Shareholders

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Topics Company Profile / Stock Information (As of March 31, 2014)

Group 2014 - MIMAKI ENGINEERING Company / IR Siteir-eng.mimaki.com/archives/017/6638_Business...

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