To Our Shareholders and Investors
Proactive growth investments and sustainable shareholder returns underpin our commitment to maximizing corporate value.
We wish to extend our most sincere gratitude to all our shareholders and investors for their continued support and patronage.
The fiscal year ending December 2025, our 55th term, marks the midpoint of our medium-term business plan “FV26” (2024–2026). It was a pivotal phase as we prepared for a substantial advancement in the final year. Amid ongoing shifts in the business environment, we persistently undertook growth investments and systematically executed the initiatives required to achieve our targets in the final year.
In 2025, the business environment was characterized by rising demand for high-performance memory, driven by increased investments in AI servers. Advanced memory products, particularly HBM, led growth within the semiconductor market. Within our Group’s probe card business, we successfully capitalized on this HBM-related demand, resulting in robust performance of DRAM probe cards during the first half of the year. In the latter half, the commencement of operations at the new building at Aomori Factory enhanced production capacity, facilitating further growth in net sales.
With non-memory probe cards, despite the gradual recovery of the automotive semiconductor market, we achieved higher sales than the previous year through the acquisition of new customers, driven by growth in new product sales. As a result, total sales in the probe card business reached a record high.
In the Test Equipment (TE) business, semiconductor test sockets continued to contribute steadily to revenue. In addition, as part of our efforts to drive future growth, we worked to expand sales of the semiconductor tester, Testalio, and the wafer prober, Excelyze, while strengthening our product and sales structures.
Looking ahead, we expect AI to continue evolving at an accelerating pace, accompanied by increasingly rapid annual growth in semiconductor demand. With this in mind, we will persist in strengthening our production capabilities and competitiveness through agile, proactive capital and R&D investments.
Under the MJC Mission to “Contribute widely to society with electronic measurement technology,” the MJC group will remain committed to delivering highly reliable semiconductor test equipment consistently, thereby contributing to society.
Once again, we wish to extend our sincere gratitude to all and earnestly hope to continue receiving your support and understanding.
April, 2026
Masayoshi Hasegawa
President & CEO
