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Company Profile / Stock Information (As of March 31, 2019)
BUSINESSREPORT2019.3April 1, 2018-March 31, 2019
Something new, something different
Securities Code:6638
Ownership Breakdown
Shareholder nameNumber of shares held
(shares)Investment ratio
(%)
Ikeda Holdings, Inc. 4,497,200 14.67
Tanaka Kikaku Ltd. 2,330,000 7.60
Noriyuki Tanaka 2,026,800 6.61
Japan Trustee Services Bank, Ltd. 1,611,500 5.25
Tokyo Small and Medium Business Investment & Consultation Co., Ltd. 1,524,000 4.97
State Street Bank and Trust Company 505019 1,471,900 4.80
MIMAKI ENGINEERING Employee Stock Ownership 1,440,400 4.70
The Master Trust Bank of Japan, Ltd. 1,140,800 3.72
The Hachijuni Bank, Ltd. 840,000 2.74
Adeki Partners Co., Ltd. 833,200 2.72
Executive Chairman Akira Ikeda
President Kazuaki Ikeda
Managing Director Kazuyuki Takeuchi
Executive Director Hiroshi Miyake
Director Yasuhiro Haba
Director Koji Shimizu
Director Nariaki Makino
Outside Director Seiko Minomo
Outside Director Ichiro Yamada
Outside Director (Audit and Supervisory Committee Member) Yoh Zenno
Director (Audit and Supervisory Committee Member) Noriyuki Tanaka
Outside Director (Audit and Supervisory Committee Member) Makoto Tanaka
Outside Director (Audit and Supervisory Committee Member) Hisamitsu Arai
Corporate Profile
Accounting AuditorDeloitte Touche Tohmatsu LLC
Corporate Name MIMAKI ENGINEERING CO., LTD.Foundation August 1975Capital 4,357 million yenBusinesses Development, manufacturing, and sales
of computer devices and softwareEmployees 1,984 (consolidated)
809 (parent company only)
Board Members (As of June 27, 2019)
Stock InformationNumber of Authorized Shares 128,160,000 shares
Number of Issued Shares 32,040,000 shares
Number of Shareholders 5,174
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 30, or a date announced beforehand if necessary.
Share unit 100 shares
Shareholder registry administrator
Mitsubishi UFJ Trust and Banking Corporation4-5, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-8212, Japan
Contact details for the above
Mitsubishi UFJ Trust and Banking CorporationTransfer Agent Department1-1, Nikkocho, Fuchu-shi, Tokyo, JapanTel: 0120-232-711 (toll free in Japan)
Mail address P.O. Box No. 29, Shin-Tokyo Post Office 137-8081, JapanMitsubishi UFJ Trust and Banking CorporationTransfer Agent Department
Method of public notice
Public notices are posted on our website (https://ir.mimaki.com/, in Japanese). However, if an electronic public notice cannot be given due to unavoidable circumstances, it will be published in the Nihon Keizai Shimbun.
Listings Tokyo Stock Exchange First Section
Securities code 6638
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. Unreceived dividends are paid at the head office of Mitsubishi UFJ Trust and Banking Corporation.
Shareholder Information
Major Shareholders
581,741 shares�(1.82%)� 3,938,117 shares�(12.29%)�
5,159,800 shares�(16.10%) 1,375,767 shares�(4.30%)�
10,484,001 shares�(32.72%)� 10,500,574 shares�(32.77%)�
Financial institutions
Financial instruments firms
Other Japanese corporations
Overseas corporations, etc.
Individuals and others
Treasury shares
Akira IkedaExecutive Chairman
Kazuaki IkedaPresident
To remain as a group of innovators and to fully exploit the personal characteristics and abilities of every employee, we began a new system with small groups called GIPS (Group Independent Profitability management system). We also reorganized into five divisions — Corporate Planning, Research and Development, Sales, Production, and Administration — so that we can promptly identify potential market needs and provide solutions. With GIPS every group will now have a clear role and responsibilit ies and will work cooperatively as if each group were an independent small factory. The added value as the “fruit” of the activities of each group will be made clear, and in order to improve the profitability of their own division, all members of the group (centered on a leader) will share issues and ways to resolve them. Through these activities, all employees will participate in management and everyone will have efficiency in mind. In this way, we are looking to make our company an aggregate of “small fruits like a cluster of grapes.”
We aim to be a market leader in digital on-demand production by developing market-oriented products with our proprietary raster technology (for inkjets, etc.) and vector technology (for cutting plotters, etc.)
We strive to become an innovator always providing
“something new, some-thing different” in the
market
3We aim at creating a
corporate culture where our individual employees can
exploit their personal characteristics and abilities
to the fullest extent
4We aspire to become a “Development-oriented
Enterprise” with our own technology and our own
brand of products throughout the world
1We aim to become a
company that can adapt and quickly provide our products that will satisfy
the customers
2
Management Vision MIMAKI develops new organization and corporate image
Management Policy
1 2
1987 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 20112010 2012 20131996 2014 2020/3(forecast)
2016 2017 2018 20192015
SGTA SG SG SG
SG
IP IPIP TA IPTA
3DSG
TA
World’s first Inkjet printer using water-based pigment ink
JV-1300
1996.10
World’s first Inkjet printer using UV-curable white ink
UJF-605C
2004.3
World’s first Low-cost desktop UV LED- curable inkjet printer
UJF-3042
2010.2
Industry’s lowest-cost Large flatbed UV LED- curable inkjet printer
JFX200-2513
2013.12
World’s first Sublimation inkjet printer with high-gap printhead
TS300P-1800
2015.7
World’s first Direct textile inkjet printer with high-gap printhead
Tx300P-1800
2015.12
Water-based sublimation transfer inkjet printer
TS55-1800
Large flatbed UV LED-curable inkjet printer
JFX200-2513EX
2019.3 2019.5
World’s first High-definition, low-cost eco-solvent inkjet printer
2002.9
JV3-130S
Successor to JV33 (better print quality and faster print speed)
2017.11
JV300-130/160
Print & cut inkjet printerUV-curable ink
UCJV300-160/150-160 3DUJ-553
2014.6
Successor to JV3 (better print quality and faster print speed)
2007.8
JV33-130/160
World’s first Piezoelectric textile inkjet printer
1998.10
Tx-1600S
World’s first Cutting plotter using the eccentric cut method
1987.3
MF-220C
World’s first UV LED 3D inkjet printer capable of full-color modeling using more than 10 million colors
2017.11
As a market leader in digital on-demand production, we will continue to create new markets and customers
by identifying diverse needs promptly and accurately and by providing products that target these needs
65,000
60,000
55,000
50,000
45,000
40,000
35,000
30,000
25,000
20,000
15,000
10,000
5,000
0
Net sales(millions of yen)
The history of MIMAKI : Continual innovation
PrintersA full range of products
that meet the needs of each market
InksA wide range of original
functional inks suitable for a range of printing purposes
SoftwareSoftware that expands
the possibilities of products
Cutting plottersProduct lineup based
on a track record over 30 years of sales
ManufacturingResearch andDevelopment Sales Technical and
Maintenance Service
Comprehensive proposals to meet market needs
Customer (end user) needs
Developing distributors in approximately 150 countries around the world as well as a regionally
based sales and service network
Providingsolutions
Meeting customer needs quickly
MIMAKI is a development-driven company that provides integrated services through the development,
manufacturing, sale, and maintenance service of products, such as industrial inkjet printers, cutting plotters,
and inks. Using our proprietary raster technology (for inkjets, etc.) and vector technology (for cutting
plotters, etc.), we will drive the further development of digital on-demand printing, seeking to become a
development-driven company whose products provide satisfaction to customers.
Diversified small-lot production Shifting to higher added value for production items
Lead time reduction
Cost reduction
Just in time Inventory reduction Environmental management
Building an e-commerce environment (retail)Labor-saving / Unattended operation
SG IP TA
Business Outline
43
Providing products for three markets and developing the FA businessGrowing markets by always providing products optimized for every customer in every market.
SG TAI P FA
Creating a variety of visual communication materials for business use, such as advert isements and signboards including large posters, car wrappings, soft signs, and display panels
Meeting growing needs in the furniture industry as well as the fast fashion and sportswear industry, with items such as cloth before sewing (textiles) and ready-made clothes (apparel)
Printing for gifts, novelty items, custom-made goods for general consumers, and industrial products including instrument panels for automobiles and control panels for household electrical appliances and others
Developing five businesses based on vector and mechatronic technologies
Sign Graphics Textile & ApparelIndustrial Products Factory Automation
Main printing materials
Examples of applications Examples of applications Examples of applications
Main printing materialsMain printing materials
•PVC sheeting •banner sheeting•window film, etc.
•plastic •acrylics •glass•metal •wood, etc.
•polyester •rayon•cotton •silk
FA equipment
PCB mounting equipment
Semiconductor production equipment PCB inspection equipment
Metal processing
Markets and the FA Business
5 6
We will combine the marketing and development departments into business units/divisions and raise their
efficiency by emphasizing profitability. Also, in the FA and the PS divisions, with new management resources
obtained through M&As, we will work to generate synergistic effects from an early stage.
Sales Division
Corporate Planning Division
● Quality improvement● Cost cutting● Production system that tracks fluctuations in demand● Factory locations
Production Division
Global operation by group independent management profitability system (GIPS) in each division and unit
Quality Control Services Building quality systems at the global level
Administration Division Implementing global administration and building global mechanisms for people, objects, money, and information (creating global management systems)
BusinessUnit
1 SG global market research & analysis, product development & design
Sign GraphicsSG
BusinessUnit
4 Standardization of software/firmware, development of peripheral software
SoftwareSW
BusinessUnit
5 Developing, designing, manufacturing, and selling FA equipment, PCB mounting equipment, semiconductor production equipment, PCB inspection equipment, and metal processing business
Factory AutomationFA
BusinessUnit
6 Automatic and unattended operation / Advertising printing technology
Printing ServicePS
BusinessUnit
2 IP global market research & analysis, product development & design
Industrial ProductsI P
BusinessUnit
3 TA global market research & analysis, product development & design
Textile and ApparelTA
Establishing a system with six new business units/divisions
Cooperation Cooperation among the above units Cooperation
JP (Japan)
EMEA (Europe, Middle East, Africa)
NCSA (North / Central / South America)
JapanTaiwan
Italy
ChinaNetherlandsLithuania
AO (Asia, Oceania)
● Building a distributor network for regionally based sales and service
● Proposing a solution and expanding consumables business
● Supporting for global area by the four regions structure
OtherSpare parts, others
Development of the spare partsand peripheral businesses
Annual salesGrowth rate5 -10%
3.0 “Something new, something different”
Until now, our management vision has been expressed as “something new, something different.” Using this slogan helped us to create the industrial inkjet printer market by developing, manufacturing, and selling innovative products. Going forward, by continuing to provide optimal solutions to customers in every market, we aim to be a “truly global company” with annual sales of at least 100 billion yen.
Global development of niche markets
FA business
Proposal for digital transformations
TA market
Expansion of markets by enabling integration with production lines, etc.
IP market
Expansion of market share with environmentally friendly products, inks
SG market
20.0
10.0
100billion yen
30.0
40.0
7.0
60.1
5.2
7.2
17.1
23.4
7.1
55.4
5.61.6
17.0
23.9
6.9
52.4
6.0
16.9
22.5
5.5
48.3
5.6
16.2
20.8
4.947.8
5.3
14.6
22.7
4.646.6
5.7
12.5
23.7
Sign GraphicsAdvertisements and signboards
SG
Textile and ApparelFabrics and clothing
TA
Factory Automation Transportation equipment, etc.
FA
Industrial ProductsIndustrial products, promotional products, 3D
I P
FY2014 FY2015 FY2016 FY2017 FY2018 FY2019(forecast)
In four to six years
(Unit: billions of yen)
Growth Strategy Management Control Structure
7 8
To Our Shareholders Business Performance: Key Points
60,100
2020.3(forecast)
2,150
2020.3(forecast)
1,800
2020.3(forecast)
1,300
2020.3(forecast)
55,448
2019.3
3,008
2019.3
2,643
2019.3
1,680
2019.3
1,833
2018.3
1,250
2017.3
2,359
2018.3
1,746
2017.3
2,729
2018.3
2,049
2017.3
52,471
2018.3
48,331
2017.3
60,100
2020.3(forecast)
2,150
2020.3(forecast)
1,800
2020.3(forecast)
1,300
2020.3(forecast)
55,448
2019.3
3,008
2019.3
2,643
2019.3
1,680
2019.3
1,833
2018.3
1,250
2017.3
2,359
2018.3
1,746
2017.3
2,729
2018.3
2,049
2017.3
52,471
2018.3
48,331
2017.3
60,100
2020.3(forecast)
2,150
2020.3(forecast)
1,800
2020.3(forecast)
1,300
2020.3(forecast)
55,448
2019.3
3,008
2019.3
2,643
2019.3
1,680
2019.3
1,833
2018.3
1,250
2017.3
2,359
2018.3
1,746
2017.3
2,729
2018.3
2,049
2017.3
52,471
2018.3
48,331
2017.3
60,100
2020.3(forecast)
2,150
2020.3(forecast)
1,800
2020.3(forecast)
1,300
2020.3(forecast)
55,448
2019.3
3,008
2019.3
2,643
2019.3
1,680
2019.3
1,833
2018.3
1,250
2017.3
2,359
2018.3
1,746
2017.3
2,729
2018.3
2,049
2017.3
52,471
2018.3
48,331
2017.3
SG market IP market TA market
23,981
2019.3
22,587
2018.3
20,855
2017.3 2019.3
5,616
2018.3
6,019
2017.3
5,620
17,040
2019.3
16,934
2018.3
16,292
2017.3
Percentageof net sales
43.3%
Net sales of products for the SG market, such as advertisements and signboards, were 23,981 million yen, up 6.2% year on year. In addition to the continued strong performance of the UCJV series, we secured year-on-year growth in sales of consumable items, such as ink and media.
Percentageof net sales
10.1%
Net sales of products for the TA market, such as clothing and fabrics, came to 5,616 million yen (down 6.7% year on year). Although net sales of machinery posted year-on-year declines, we achieved growth in net sales of consumable items, such as ink and media, compared with the previous fiscal year.
30.7%
Percentageof net sales
Net sales of items for the IP market, which includes novelty items, industrial products, and others, rose by 0.6% year on year to 17,040 million yen. Sales of both machinery and ink were more or less the same year on year.
In the fiscal year ended March 31, 2019, we succeeded in growing both sales and profits, with net sales reaching 55,448 million yen (up 5.7% year on year), and operating profit rising 10.2% year on year to 3,008 million yen. Looking at net sales by market, the contribution of the UCJV series, which was launched in November 2017, led to a significant year-on-year growth in sales to the Sign Graphics (SG) market. The Textile & Apparel (TA) market declined year on year, but this was due to the postponement of the launch of the new TS55-1800 to make doubly sure that there were no quality issues. This product has passed all quality assessments and went on sale in March 2019. Net sales by region were generally favorable. Even in North, Central, and South America, where our market share has until now suffered in comparison with others, our efforts to reorganize the sales channel progressed, and on a local currency basis, excluding the effect of the exchange rate, an expansion trend is starting to develop. In the Japanese, Asian, and Oceania markets, our recently consolidated subsidiaries, Alpha Design Group and LUCK'A Inc., made a contribution from the fourth quarter onward, leading to significant year-on-year growth in net sales. Even excluding the impact of these newly consolidated subsidiaries, net sales exceeded previous-year levels. Markets in Europe, the Middle East, and Africa were affected by issues such the United Kingdom exiting the EU, but we succeeded in maintaining net sales at the same level as the previous fiscal year. Looking at profits, the fall of currencies in developing countries, such as the Turkish lira and the Brazilian real, was one factor pushing down profit margins, but this was offset by the effect of higher revenues, leading to higher operating profit and ordinary profit year on year. Profit attributable to owners of parent declined as a result of a review of tax-effect accounting conducted during the previous fiscal year, which caused a significant but temporary decline in the percentage contribution to income taxes, etc.
Our consolidated forecasts for the year ending March 31, 2020 (the
current fiscal year) are indicating higher revenues and lower profits, or net sales of 60,100 million yen (up 8.4% year on year) and operating profit of 2,150 million yen (down 28.5% year on year). The reasons for the projected decline in profit include the assumption that the yen will appreciate ($1=110.91 yen → 107 yen, €1=128.40 yen → 122 yen) as well as a full-scale initiative aimed at resolving the long-standing question of recovering our share in China by setting prices appropriate to the Chinese market and by rebuilding sales channels. In the current fiscal year, the products that will make a significant contribution to higher revenues are those aimed at the TA market. The number of inkjet printers sold into the TA market is on a rising annual trend, but more than 90% of sales are still for analog printing. The Group is not only promoting the conversion from analog to digital, but is also proposing the “digital transformation” of production sites, which includes the digitalization of the value chain, in order to find new added value. On the other hand, with our eyes on our “M1000” goal, we are working hard to resolve important management issues. Specifically, the issues that we consider to be important include stable product quality and visualizing profitability, generating synergies, and securing and nurturing high-quality human resources.
Beginning with the current fiscal year, the management slogan of the Group has been revised from the previous “to create mechanism” to “rapid PDCA cycle.” This means that we are planning to implement resource recycling management and technology, after accurately identifying the previously mentioned “digital transformation,” and based on the previous “to create mechanisms.” Together with the sustainable growth of the business, we will maintain a keen awareness of the issue of shareholder returns. We plan to pay an annual dividend of 15 yen per share (an interim dividend of 7.5 yen and a year-end dividend of 7.5 yen) for the fiscal year ending March 31, 2020. Our basic dividend policy is to have stable, continual dividends, and for us to review this policy after taking into account the stage of profit growth. I would be most grateful for the continued guidance and encouragement of shareholders.
Overview of business performance during the fiscal year ended March 31, 2019
Message to shareholders
Outlook for the fisical year ending March 31, 2020
Before presenting the business report for our 44th term (April 1, 2018 to March 31, 2019), I would like to address a few words to our shareholders, particularly to express my sincere appreciation for your continued support.
Kazuaki IkedaPresident, MIMAKI ENGINEERING CO., LTD.
Consolidated performance highlights for the fiscal year ended March 2019
Net sales Operating profit Ordinary profit Profit attributable to owners of parent
55,448million yen
Up 5.7% year on year
3,008 million yen
Up 10.2% year on year
2,643 million yen
Up 12.0% year on year
1,680 million yen
Down 8.4% year on year
(Unit: millions of yen) (Unit: millions of yen) (Unit: millions of yen) (Unit: millions of yen)
Net sales Operating profit Ordinary profit Profit attributable to owners of parent
60,100 million yen
(Up 8.4% year on year )
2,150 million yen
(Down 28.5% year on year )
1,800 million yen
(Down 31.9% year on year )
1,300 million yen
(Down 22.6% year on year )
Forecast for Consolidated Business Performance for the Fiscal Year Ending
March 2020
Forecast of annual dividend for the fiscal year ending
March 2020
Interim dividend per share: 7.5 yenYear-end dividend per share: 7.5 yen
Performance highlights by market for the fiscal year ended March 2019
23,981 million yen
Up 6.2% year on year
5,616 million yen
Down 6.7% year on year
17,040 million yen
Up 0.6% year on year
(Unit: millions of yen) (Unit: millions of yen)(Unit: millions of yen)
9 10
Network and Market Conditions by Region for the Fiscal Year Ended March 2019
Net sales: 15,274 million yen Up 13.4% year on year Net sales: 8,278 million yen Up 11.1% year on yearNet sales: 16,276 million yen Down 0.5% year on year Net sales: 15,618 million yen Up 2.8% year on year
MIMAKI (THAILAND)CO.,LTD.(Thailand)
New
PT. MIMAKI INDONESIA(Indonesia)
MIMAKI SINGAPORE PTE. LTD.(Singapore)
MIMAKI INDIA PRIVATE LIMITED(India)
MIMAKI AUSTRALIAPTY LTD(Australia)
Shanghai Mimaki Trading Co., Ltd.(China)
Alpha Automation Technology (Shenzhen) Co., Ltd. (China)
MIMAKI IJ TECHNOLOGY CO., Ltd.(China)
MIMAKI ENGINEERING(TAIWAN) Co., Ltd.(Taiwan)
Dalian Alpha Design Co., Ltd.(China)
MIMAKI BRASIL COMERCIOE IMPORTACAO LTDA(Brazil)
MIMAKI USA, INC.(U.S.A.)
Mimaki Deutschland GmbH(Germany)
Mimaki La Meccanica S.p.A.(Italy)
MIMAKI EUROPE B.V.(The Netherlands)
MIMAKI Lithuania, UAB(Lithuania)
Mimaki Bompan Textile S.r.l. (Italy)
ALPHA DESIGN CO., LTD.(Japan)
ALPHA SYSTEMS CO., LTD. (Japan)
MIMAKI PRECISION Co., Ltd.(Japan)
GRAPHIC CREATION Co., Ltd.(Japan)
LUCK’A Inc. (Japan)
Tonami Corporation Ltd. (Japan)
27.5%
14.9%29.4%
17.6%
10.6%
47.5%33.9%
18.6%
Main branch of subsidiary
Groupsubsidiaries
Tokyo, Osaka, Sapporo, Sendai, Nagano, Yokohama, Saitama, Nishi-Tokyo, Kitakanto (Utsunomiya), Kanazawa, Nagoya, Kyoto, Kobe, Hiroshima, Shikoku (Takamatsu), and Fukuoka
Head Office2182-3 Shigeno-Otsu, Tomi-shi, Nagano 389-0512, Japan
Kazawa Factory1333-3 Kazawa, Tomi-shi, Nagano 389-0514, Japan
Nagano Development Center520-1 Kitanagaike, Nagano-shi, Nagano 381-0025, Japan
Hachioji Development Center593-6 Kitano-machi, Hachioji-shi, Tokyo 192-0906, Japan
JP Demonstration Center6F, TOC Bldg., 7-22-17, Nishigotanda, Shinagawa, Tokyo 141-0031, Japan
SalesBases
Businesslocationsin Japan
MIMAKI EURASIA DIJITAL BASKI TEKNOLOJILERI PAZARLAMA VE TICARET LIMITED SIRKETI (Turkey)
Consolidated net sales outside Japan
Percentage of consolidated net sales
40,173 million yen
72.5%
Business performance for the first half of the fiscal year ending March 2019We provide products and services
to customers in approximately
150 countries and regions
Percentage of net sales by region
Percentage of net sales by product category
72.5%
Machines
Inks
Others
Japan
NorthAmerica
Europe
Asia, Oceania
Others
Overseas
Japan Europe Asia, Oceania, and Others North America
The recently consolidated subsidiaries, Alpha Design Group and LUCK'A Inc., made a contribution from the fourth quarter onward, leading to net sales significantly exceeding previous-year levels. Furthermore, even excluding these influences, net sales grew slightly year on year.
2019.3
15,274
2019.32019.3 2019.3
8,278
16,276 15,618
2018.3
13,466
2017.3
12,722
2018.32018.3 2018.3
7,451
2017.3
7,004
16,357
2017.3
14,364 15,195
2017.3
14,240
Net sales grew significantly year on year, and also grew on a local currency basis, excluding the effects of the yen/dollar exchange rate. Our initiatives to reorganize the sales channel have continued, and an expansion trend is starting to take hold.
2019.3
15,274
2019.32019.3 2019.3
8,278
16,276 15,618
2018.3
13,466
2017.3
12,722
2018.32018.3 2018.3
7,451
2017.3
7,004
16,357
2017.3
14,364 15,195
2017.3
14,240
Due to the impact of factors such as the United Kingdom exiting the EU, net sales fell slightly year on year. Nonetheless, excluding the effects of the yen/euro exchange rate, net sales increased slightly over the previous fiscal year.
2019.3
15,274
2019.32019.3 2019.3
8,278
16,276 15,618
2018.3
13,466
2017.3
12,722
2018.32018.3 2018.3
7,451
2017.3
7,004
16,357
2017.3
14,364 15,195
2017.3
14,240
Net sales were hit by a fall in the currencies of developing countries and by declining sales in China, but sales in the rest of Asia and Oceania were strong, leading to an overall increase.
2019.3
15,274
2019.32019.3 2019.3
8,278
16,276 15,618
2018.3
13,466
2017.3
12,722
2018.32018.3 2018.3
7,451
2017.3
7,004
16,357
2017.3
14,364 15,195
2017.3
14,240
(Unit: millions of yen) (Unit: millions of yen) (Unit: millions of yen) (Unit: millions of yen)
11 12
MIMAKI News Flash
This is the successor model to the JFX200-2513 that went on
sale in 2013. In addition to including new features for easy
creation of smooth semi-stereoscopic 2.5D data, the speed of
white-simultaneous prints has increased by 200% over the
speed of the conventional model. This is the ultimate large-
format flatbed UV inkjet
printer, combining
high-value-added
printing with high
productivity.
Our genuine warm laminators adhere a protective film to the surface of a
print when signage, such as a signboard, is created. Going on sale in
November 2017, these are the successor models to the LA-140W and LA-
160W. A new laminate counter feature prevents operator errors and gives
powerful support to a customer’s sign business.
Mimaki has jo ined the Addi t i ve and Dig i ta l Advanced
Production Technologies (ADAPT) consortium, established by
MIT, as a founding member. With the goal of providing support
for the advanced addit ive manufactur ing industry, the
consortium will conduct research and education related to next-
generation manufacturing technologies based on 3D printer
technology, etc. Mimaki will install a UJF-7151 plus flatbed UV
printer and a 3DUJ-553 3D printer within MIT to support AM-
related* teaching and research activities.
* Manufacturing method of forming while adding materials through AM (additive manufacturing), laminated 3D printer, etc.
3D printer jointly branded with Sindoh Co., Ltd. of South Korea.
In addition to forming shaped samples and prototypes, this
printer enables a variety of techniques useful to the customer’s
print business when used in
combination with one of our
flatbed UV printers.
In preparation for further
g r o w t h i n s a l e s , t h e
Company established a sales
subsidiary in March 2019. In
addition to strengthening
t h e d e a l e r n e t w o r k i n
Thailand, centered on our
sales subsidiaries, we will
he lp improve both user
support and dealer service
training.
This design software uses templates for easi ly creat ing
everything from the various kinds of POP (point of purchase)
displays needed for retail outlets to window signs and in-store
decorations, to small articles such as seals and stickers. In
addition to on-demand creation of eye-catching in-store
decorations, it can be used with the UCJV300 series for
automated printing and cutting.
Increasing the number of sales centers in North, Central and South America
Participating in a consortium established by MIT (Massachusetts Institute of Technology)
Began selling the genuine warm laminators LA-140W Plus and LA-160W Plus SG
Established a sales subsidiary in the Kingdom of Thailand
POP/in-store decoration design softwareBegan selling Simple POP
SGBegan selling JFX200-2513 EX I P
To provide dealerships
and end-use r s w i th
be t t e r suppo r t , we
o p e n e d t h e l a r g e
Technology Center in
Los Angeles in February
2019 followed by a TA Lab Center in São
Paulo in April 2019.
An exhibition of work created by ultra modelers using the 3DUJ-553 full-
color 3D printer was held in the JP Demo Center (Gotanda TOC Building)
on March 15, 2019.
Hosting Ultra Modelers in Tokyo 3D
Began selling 3DFF-222 FFF system 3D printer
3DCreator: Nobuaki Fukui Creator: Emiko Kamo
Launched in May 2019
Launched in April 2019
Launched in April 2019
Launched in April 2019
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1996 1998
2000
2008
2008
2009
2010
2011
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2013 2017201520112010
2006
2009
2016
2017
TS500P-3200Dye Sublimation Inkjet Printer
February
TS30-1300Dye Sublimation Inkjet Printer
March
UJV55-320UV LED Curable Inkjet Printer
April
MM700-1800BDirect Textile Inkjet Printer
May
Tiger-1800BDirect Textile Inkjet Printer
September
Mimaki Profile Master 3Color Management System
July
UJF-3042MkUV LED Curable Flatbed Inkjet Printer
October
UJF-6042MkUV LED Curable Flatbed Inkjet Printer
October
JFX200-2531UV LED Large Flatbed Inkjet Printer
November
UCJV300-160UCJV150-160New Technology UV LEDInkjet Printer Using UV-curable Ink
November
3DUJ-553The world’s first UV LED 3D printer capable of full-color modeling using more than 10 million colors
November
JV300-190Solvent Inkjet Printer
December
Tx300P-1800BDirect Textile Inkjet Printer
December
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
October
CAM LINKCutting Data Conversion Software
January
CG-100AP1-Meter-Width ApparelPattern Cutting Plotter
March
My Brain VehicleCutting System forCar Film
May
CG60/100/130EXCutting Plotter withCrop-Marker Sensor
November
CF-0912/1215Large-Format FlatbedCutting Plotter
October
JV-1300Full-Color Inkjet Printerwith Water-BasedPigment Ink
October
Raster LinkSoftware RIP for PS2
April
JV2-130Full-Color Inkjet Printerwith Six-Color Pigment Ink
November
JV2-180Large-FormatFull-Color Inkjet Printer
October
Tx-1600SDigital TextileInkjet Printer
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 Plotter
November
CG-90APApparel PatternCutting Plotter
December
March
CF-70A1 FlatbedCutting Plotter
December
CG-60StDesktop Cutting Plotter
November
TX LinkSoftware RIPfor Textile Printing
June
CG-100/130LxHigh-Speed Cutting Plotter
January
Fine CutPlug-In Cutting Softwarefor Illustrator
June
CFR-1220Reciprocal Cutter
February
MF-120A2 Flat Pen Plotter[Hokusai]
July
MG-110A1 Pen Plotter[Hokusai]
May
MR-11Thermal Plotter
January
MX-340/360/390Low-Cost Pencil Plotter
November
MR-1600LED Plotter A1 Version
May
MR-1900LED Plotter A0 Version
March
JP-560/590MonochromeInkjet Plotter
December
JP-660/690CFull-Color Inkjet Plotter
April
MX-11/10Servo-Style Pen Plotter
July
MX-11/10PPencil Plotter
April
MX-760/790High-SpeedPencil Plotter
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
August
Raster Link ProSoftware RIP for PS3
OctoberGP-1810DGarment Printer
NovemberDS-1600/1800Direct Dye Sublimation Printer
DecemberJV3-130SLSolvent Inkjet Printer
January
IPF-1610B/1610B-UIndustrial Flatbed UV-Curable Inkjet Printer
February
UJF-3042UV LED CurableFlatbed Inkjet Printer
February
Tx400-1800BDigital Textile Inkjet Printer with Adhesive Belt Carrier System
March
JV34-260Super-Wide-Format Inkjet Printer
February
UJF-3042HGUV LED CurableFlatbed Inkjet Printer
March
JV400-130/160LXLatex Inkjet Printer
April
Raster Link Pro5 SG/IP/TASoftware RIP for PS3
July
Mimaki Profile MasterColor Management System
August
CJV30-60/100/130/160Printer Cutter
August
Raster Link Pro4 SG/IP/TASoftware RIP for PS3
September
UJV-160Hybrid UV LED Curable Inkjet Printer
January
CF3-1631/1610Flatbed Cutting Plotter with Router Head
August
Simple StudioPrint & Cut Application Software
October
Tx400-1800DDigital Textile Inkjet Printer
December
UJF-706Flatbed UV-Curable Inkjet Printer
May
JFX-1631Large Format UV LED CurableFlatbed Inkjet Printer
March
CG-75/130/160FXMulti Cutting Plotter
August
APC-130Large-Format CAD Cutting Plotter for Apparel
January
JV5-320DSDirect Printing / Dye SublimationGrand-Format Inkjet Printer
TS34-1800ADye Sublimation Printerfor Sports Apparel
November
November
JFX-1631plusLarge Format UV LEDCurable Flatbed Inkjet Printer
November
JFX-1615plusLarge-Format UV LED Curable Flatbed 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 SublimissionInkjet Printer
May
RasterLink6IJP Software
September
UJF-3042FXUV LED Curable Flatbed Inkjet Printer
April
High-Quality Cutting Plotter
CG-60/100SRNovember
Flatbed Cutting Plotter
CF22-1225February
Small Flatbed Cutting Plotter
CFL-605RTJuly
Packing Design CAD SoftwareArtiosCAD DS
January
Mimaki ProfileMaster Color ManagementSystem
January
UJF-605CFlatbed UV-CurableInkjet Printer
August
UJF-605RRoll-Fed UV-Curable Inkjet Printer
September
Raster Link Pro /IP /TASoftware RIP Compatible with PS3
June
JV5-130S/160SUltrahigh-SpeedSolvent Inkjet Printer
December
JF-1610/1631Large Format Flatbed UV-Curable Inkjet Printer
October
CG-60SRDesktop Cutting Plotter
March
Simple CutCutting Application Software
November
CG-60SLFor overseas:Low-CostDesktop Cutting Plotter
August
JV33-130/160Solvent Inkjet Printer
August
JV5-320SGrand Format Solvent Inkjet Printer
February
TPC-1000Printer Cutter for Sports Apparel
February
TS3-1600Dye Sublimation Inkjet Printer for Sports Apparel
February
TS5-1600AMFDye Sublimation Inkjet Printer for Sports Apparel
February
JV33-260Super-Wide Solvent Inkjet Printer
May
CG-100SRHigh-QualityCutting Plotter
October
FineCut8Plug-In Cutting Software
Inkjet Printers
Cutting Plotters
Drafting Plotters
2014
2015
2018
2013
JV300-130/160Solvent Inkjet Printer
June
SIJ-320UVUV LED Inkjet Printer
April
Mimaki Target Color EmulatorColor Management System
February
TS300P-1800Dye Sublimation Inkjet Printer
July
UJF-7151 plusUV LED CurableFlatbed Inkjet Printer
November
TxLink3IJP Software
June
UCJV300-75UCJV300-107UCJV300-130Print & Cut Inkjet PrinterUV-curable ink
July
Tx300P-1800Direct Textile Inkjet Printer
December
JV150-130/160Solvent Inkjet Printer
October
CJV300-130/160Printer Cutter
October
CJV150-75/107/130/160Printer Cutter
October
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
Tx500-1800BDigital Textile Inkjet Printer with Adhesive Belt Carrier System
October
JFX200-2513December
UV LED Curable Flatbed Inkjet Printer
Tiger-1800B MkInkjet Printer with Adhesive Belt Carrier SystemDirect Textile Model/Dye Sublimation Model
July
2019■March
TS55-1800Water-Based Sublimation Transfer Inkjet Printer
■May
JFX200-2513EXLarge Flatbed UV LED-Curable Inkjet Printer
Product Development History
15 16
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Corporate History
Display Systems Australia is an Australian owned company founded around 30 years ago manufacturing a wide range of portable banners, display banner stands, exhibition banners and more for business advertising.
John Privitera, Display Systems Australia owner (left) and Anthony Crosetta, production manager (right)
“We wanted to replace one eco-solvent machine with two of the same type. It was vital that we increased
production output, but we could not sacrifice print quality. Also, we wanted a flexible ink that could stretch
to fit the printed material.”
Background to deployment
“We installed two UCJV300-160 units. The UCJV300-160 runs at double the speed of the other machine we
were running. Also, the amount of ink it doesn`t use is quite incredible. They are quick, reliable, and the ink
is beautiful. The LED UV ink adheres perfectly to the media, and gives a real texture to our customers’ printed
items. Because it also has superior adhesion and scratch resistance, we don't need to protect it using
lamination. The new ink that was launched for the UCJV played an
important role in our decision to invest in MIMAKI.”
Reasons for choosing the
MIMAKI product
“The UCJV300 is economical due to lower ink cost and power
consumption with a higher print speed. The price point was also
perfect for a business like ours. The printing is vivid and beautiful,
and we can print and cut using the same equipment. We are
satisfied with the performance, which far exceeds our expectations,
and in particular the UCJV300 white is wonderful, so I would
recommend it to anybody who needs white printing. We are also
considering the purchase of a smaller unit for making banner stands.”
Result of the deployment
Deployment Case Study
1975 August MIMAKI ENGINEERING was founded as a private limited company.
1979 March Opened the Tokyo Sales Office.
1981 May Reorganized into a stock company, MIMAKI ENGINEERING Co., Ltd.
1983 December Started development of the A2 flatbed pen plotter (RY-1003) for OEMs.
1985 February Started sales of the A2 flat pen plotter under the Hokusai brand.
1986 March Started operation of the Kazawa Factory.
June Opened the Osaka Sales Office.
September Opened the Nagoya Sales Office.
1988 June Relocated the Head Office after extension of the Kazawa Factory.
1990
1993
April
December
Opened sales offices in Fukuoka, Hiroshima, Sendai, Sapporo.
1994 January Opened a showroom in the Tokyo Branch Office.
1995 July Founded MIMAKI ENGINEERING (TAIWAN) Co., Ltd.
October Opened the Kanazawa Sales Office.
1999 January Received ISO 9001 certification.
September Founded MIMAKI USA, INC.
2003 January Opened a showroom in the Osaka Branch Office.
October Opened the Nagano Development Center.
2004 April Founded MIMAKI PRECISION Co., Ltd.
April Founded MIMAKI EUROPE B.V.
April Opened sales offices in Saitama and Kumamoto.
May Built a new headquarters building and commenced operations.
June Acquired WIZTEC Co., Ltd. as a subsidiary.
2005 April Opened the Technical Call Center.
2006 April Acquired GRAPHIC CREATION Co., Ltd. as a subsidiary.
August Relocated the Head Office to Shigeno-Otsu, Tomi-shi, Nagano Prefecture.
2007 March Listed on the JASDAQ Securities Exchange.
December Founded MIMAKI IJ TECHNOLOGY CO., Ltd.
2008 July Acquired Mimaki Deutschland GmbH as a subsidiary.
2009 January Received ISO14001 certification.
June Founded Shanghai Mimaki Trading Co., Ltd.
July Founded MIMAKI BRASIL COMERCIO E IMPORTACAO LTDA.
2010 August Founded MIMAKI PINGHU TRADING CO., LTD.
2011 November Founded PT. MIMAKI INDONESIA.
2013 April Opened the Kyoto Sales Office.
April Founded MIMAKI AUSTRALIA PTY LTD.
April Founded MIMAKI SINGAPORE PTE. LTD.
June Opened the Kobe Sales Office.
July Founded MIMAKI INDIA PRIVATE LIMITED.
September Opened the Shikoku Sales Office.
2014 October Opened the Yokohama Sales Office.
2015 March Moved our shares to the Tokyo Stock Exchange First Section.
May Opened the Hachioji Development Center.
July Merged WIZTEC CO.,LTD.
July Opened Shigeno Showroom in Tomi-shi, Nagano Prefecture.
2016 April Founded MIMAKI EURASIA DIJITAL BASKI TEKNOLOJILERI PAZARLAMA VE TICARET LIMITED SIRKETI
July Opened the JP Demonstration Center.
July Opened the TA Lab Center.
August Opened the IP Lab Center.
October Acquired Mimaki La Meccanica S.p.A. as a subsidiary.
2017 February Founded MIMAKI Lithuania, UAB.
June Founded Mimaki Bompan Textile S.r.l.
October Opened the Kita Kanto Sales Office
2018 October Acquired ALPHA DESIGN CO., LTD as a subsidiary.
November Acquired LUCK'A Inc. as a subsidiary.
2019 March Opened MIMAKI (THAILAND) CO., LTD.
March Opened the Nishi-Tokyo Sales Office.
LED UV Flexible cured ink is perfect for our needs.
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