Contributing to society with fervor and great ambition, through our world-class innovative manufacturing solutions.

"We do not fear change—we embrace it, and in doing so, we grow"

 

In 2027, V Technology will mark its 30th anniversary. Founded in 1997 as a manufacturer of inspection systems for FPDs (flat panel displays), we have contributed for many years to the expansion of the PC, smartphone, and television markets and to the advancement of display quality.

 

What has underpinned our growth is an attitude of never confining ourselves to a single technology—of embracing change ourselves and continually incorporating new technologies. In addition to in-house development, we have broadened our business domains and expanded our technological breadth through M&A, moving into areas such as repair systems and exposure systems.

 

The display industry, however, once a growth market, peaked in 2019 and shifted into a mature phase. This confronted us with a major decision. At that turning point, in 2019, we acquired a wafer inspection equipment manufacturer and made a full-scale entry into the semiconductor equipment industry. Since then, we have welcomed companies specializing in resist evaluation systems, wafer cleaning systems, and DI (Direct Imaging) exposure systems into the Group, steadily expanding both our customer base and our business domains.

 

In 2024, we formulated a new Medium-Term Management Plan, setting out a policy of achieving net sales of ¥100 billion and operating profit of ¥20 billion in the fiscal year ending March 2029. Of this, semiconductor-related businesses are planned to account for more than 60% of net sales. Had we feared change and remained within the FPD equipment business, such growth would not have been within our reach.

 

We are committed to achieving the Medium-Term Management Plan as a unified Group. Yet this is no more than a milestone on the way to our further growth. V Technology will continue, without ever halting in the face of change, to take on the challenge of creating new value.

Shigeto Sugimoto

President & CEO