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Investor Relations

Dear Shareholders and Investors

Dear Shareholders and Investors:

  • Greeting from the new president

I am Tsutomu Murakawa. I am honored and grateful to have the opportunity to serve as President for KOKEN LTD.

Firstly, I would like to express my heartfelt gratitude for your continued support and patronage to the Company.

Since its foundation KOKEN LTD. has grown in the safety business domain with a central focus on the development of respirators for industrial use.

Having launched the cleanliness business domain with a central focus on the recently developed “KOACH,” an open clean zone creator, we are now ready to step up to a new growth stage.

Towards the new growth stage, we have set forth the management principle that is supposed to be contained in our company’s DNA: “Develop human resources,” “Foster technology” and “Nurture new markets in cleanliness, health and safety business domains.”

For the next generation we would like to establish the health business domain as the third main pillar of operations.

Then, by making each of three main pillars of business stand on its own two feet everybody from the management down to each employee in the company is now striving as one to achieve a stable but strongly growing company in the future.

We look forward to your continued understanding and support in the future.

  • Announcement of Our Management Stance-Our Goal: Long-Term Sustainable Growth

Based on our Management Principles: (1) Develop human resources, (2) Foster technological development and (3) Nurture new markets in cleanliness, health and safety business domains, through which we will contribute to society, we, at the KOKEN Group, aim to achieve long-term sustainable growth.

The current business environment surrounding our Group remains uncertain at home and abroad due to its fast and drastic change. In this circumstance, while maintaining the unchanging long-term goal to nurture new markets in cleanliness, health and safety business domains based on our own original technological innovations, we consider that (1) Establish specific targets and an action plan to achieve them every year and implement it steadily and (2) Achieve each year’s targets by modifying the action plan quickly and flexibly to respond to ever-changing business environment are the best and surest way to achieve long-term sustainable growth of our Group.

To establish the “clean” and the “health” business domains as the 2nd and 3rd pillar of operations respectively after the “safety” business, we are now striving to develop our own original products such as an open clean zone creator, an automatic endoscope washer, an antivirus mask and a Copper based antimicrobial agent which have never before existed, and cultivate and expand new markets for them.

With such management stance, rather than aiming for a rapid profit growth and capital efficiency, we will focus on cultivating new markets in the domains of “cleanliness” and “health” businesses as a high priority, which may eventually result in improved operating margin as well as increased sales and operating profit. This is the management issue that we are facing currently.

We sincerely ask that our shareholders also take a long-term view in their expectation about the growth of our Group. We thank all our shareholders for their continued support of the KOKEN Group.

  • Operating Forecasts for the Current Fiscal Year Ending December 31, 2018

The outlook for the Japanese economy is expected to remain increasingly uncertain for the next consolidated fiscal year ending December 31, 2018 against the background of various unpredictable changes in the global economic environment.

Given such circumstances while strengthening efforts to sell high-value-added product lines including “Hi-Luck” series of disposable masks and “BL” series of Powered Air-Purifying Respirators (PAPR), the Group will try to generate new demand in the industrial mask market and increase market share in the mask market for healthcare settings and general consumers in a stable manner.

Supported by the previous growth in installations (500 customers and 800 units on a cumulative basis), new as well as repeat orders for “KOACH” clean zone creator are expected to increase in the next consolidated fiscal year.

The followings are forecasts by business segment:

(Mask business segment)
In addition to the development of tight-fitting masks, the Group will be continuously engaged in an enlightenment activity to promote the importance of mask face fit in the industrial, the healthcare and the general consumer fields.

In the industrial field, the Group will further strengthen sales efforts to sell PAPRs for which demand is expected to increase. In the healthcare settings, by emphasizing our products’ superior capability to prevent infection, the Group will try to increase market share of “Hi-Luck” series of disposable masks in public health centers and designated medical institutions for infectious diseases across the country. Also in the general consumer field, by utilizing new sales channels both at home and abroad including internet shopping, the Group will try to expand the sale of “Hi-Luck” Neo series of disposable masks for general consumers.

Demand for anti-air pollution mask, however, is forecast to decrease significantly compared with the current consolidated fiscal year as China’s air quality is expected to improve across the country in 2018.

(Other business segment including Environment-related business)
Together with the continuation of promotion activities emphasizing “actual clean” (air is kept completely clean during the work), the Group will strive to expand sales to new business segments and increase market share of “KOACH” clean zone creator by upgrading to new technical specifications: “Stainless steel type”, which can expand the usage environment, and “duct connection type” which can deal with the danger of explosion.

(NOTE) Information on forecasts on business outcomes, business strategies, and other information relating to the future that is contained within the website reflects judgments by officers of the Company that were made based on information currently available (as announced in the Summary of Financial Results for the Third Quarter of the Fiscal Year Ending December 31, 2017 published on November 7, 2017) and assumptions that were judged reasonable. Therefore, please note that business outcomes and progress in business strategies could vary from forecasts if the business environment has changed.

This website is not made for solicitation of investment.

If you do plan to invest, please do not make an investment decision by solely relying on the information published in this website and use your own judgement before investing.

Although KOKEN has implemented all possible means to ensure the accuracy of the content of this website, KOKEN is not liable or responsible in any way for any damages, losses, or costs that may be caused as a result of using this site, including but not limited to damages caused by the use of information or incorrect information posted in this website, and any problems resulting from the downloading of data, for whatever the reason.

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