Japan’s SOLIZE Corporation Goes Public on Tokyo Stock Exchange

SOLIZE Corporation, a leading 3D printing service provider in Japan, has recently made its debut on the Tokyo Stock Exchange Standard Market. The company, known for its innovative digital manufacturing solutions, went public on February 7, 2024. With the stock code 5871, SOLIZE aims to further expand its presence in the global market.

In 2023, SOLIZE reported a significant increase in revenue, generating 19.8 billion yen (approximately $132 million). This marked an 11.2% growth compared to the previous year. The company’s success can be attributed to its two main revenue segments: design business and manufacturing business. Notably, SOLIZE has a strong customer base in the automobile industry, with Honda Motor Co., Ltd. accounting for approximately 20% of consolidated sales in the previous fiscal year.

One of SOLIZE’s notable achievements in recent years was having its HP Jet Fusion 3D printed products adopted by Toyota Motor Corporation. Specifically, the company’s 3D printed automatic transmission (AT) oil cooler ducts were selected as a genuine optional part for the “LEXUS LC500”. This marked a significant milestone, as it was the first time a domestic automobile manufacturer in Japan incorporated a 3D printed product as an official optional part. SOLIZE’s recognition as an authorized supplier of Toyota further solidifies its position in the industry.

As the demand for additive manufacturing continues to grow, SOLIZE plans to leverage its expertise and experience to support cutting-edge areas such as fleet electrification and comprehensive contract design assistance. The company aims to provide engineering support throughout the entire process of utilizing 3D printers, from the early stages of product development to the final production stages. Moreover, SOLIZE offers a range of services, including prototype parts, mass production of final products, and maintenance of 3D printer hardware.

Looking ahead, SOLIZE remains committed to expanding the 3D printer market in Japan and beyond. With its extensive knowledge and more than 30 years of experience in 3D printing technology, the company is well-positioned to continue driving innovation in the industry. In the fiscal year 2023, SOLIZE expects its manufacturing business revenue to reach 3,749 million yen (approximately $25 million), representing an 8.5% increase from the previous year.

In conclusion, SOLIZE Corporation’s successful debut on the Tokyo Stock Exchange is a testament to its position as a leading player in the 3D printing industry. With its commitment to innovation and focus on meeting market demands, the company is poised for continued growth and success in the years to come.

FAQ:

Q: What is SOLIZE Corporation?
A: SOLIZE Corporation is a leading 3D printing service provider in Japan.

Q: When did SOLIZE go public?
A: SOLIZE went public on February 7, 2024.

Q: What is SOLIZE’s stock code?
A: SOLIZE’s stock code is 5871.

Q: What were SOLIZE’s revenue figures for 2023?
A: In 2023, SOLIZE generated 19.8 billion yen (approximately $132 million) in revenue, marking an 11.2% growth compared to the previous year.

Q: What are SOLIZE’s main revenue segments?
A: SOLIZE’s main revenue segments are the design business and manufacturing business.

Q: Which industry has a strong customer base with SOLIZE?
A: SOLIZE has a strong customer base in the automobile industry, with Honda Motor Co., Ltd. accounting for approximately 20% of consolidated sales in the previous fiscal year.

Q: What significant achievement did SOLIZE have with Toyota?
A: SOLIZE had its HP Jet Fusion 3D printed products adopted by Toyota Motor Corporation. Specifically, its 3D printed automatic transmission (AT) oil cooler ducts were selected as a genuine optional part for the “LEXUS LC500”.

Q: What plans does SOLIZE have for the future?
A: SOLIZE plans to leverage its expertise and experience to support areas such as fleet electrification and comprehensive contract design assistance. The company aims to provide engineering support throughout the entire process of utilizing 3D printers.

Q: What services does SOLIZE offer?
A: SOLIZE offers a range of services, including prototype parts, mass production of final products, and maintenance of 3D printer hardware.

Q: What are SOLIZE’s expectations for manufacturing business revenue in 2023?
A: SOLIZE expects its manufacturing business revenue to reach 3,749 million yen (approximately $25 million) in 2023, representing an 8.5% increase from the previous year.

Definitions:

– Tokyo Stock Exchange Standard Market: The Tokyo Stock Exchange Standard Market is a section of the Tokyo Stock Exchange where companies are listed after meeting specific criteria.

– Additive Manufacturing: Additive manufacturing, also known as 3D printing, is a process of creating three-dimensional objects from a digital file by adding layer upon layer of material.

Suggested Related Links:
SOLIZE Corporation (Official website of SOLIZE Corporation)
Tokyo Stock Exchange (Official website of the Tokyo Stock Exchange)