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Added to YB: 2026-03-06

Pitch date: 2026-03-04

6855.T [bullish]

Japan Electronic Materials Corporation

Author Info

Walden 3 Research is a research account affiliated with Aroau Capital Holding. Sign up for the newsletter.

Company Info

Japan Electronic Materials Corporation, together with its subsidiaries, develops, manufactures, and sells semiconductor inspection and electron tube parts in Japan, rest of Asia, North America, and Europe.

Market Cap

JPY 96.6B

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

11.08

P/E

19.83

EV/Sales

3.01

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
Walden 3 Research | February Portfolio New Position: Japan Electronic Materials Corporation

6855.T (new position): Memory-focused probe card maker, HBM cards command $100k-$200k vs $30k-$50k standard DRAM (3-4x ASP uplift). HBM4 ramp at SK Hynix/Samsung doubles I/O to 2,048, drives test complexity. Q4: 70% rev growth, 3x op profit growth. 12.8x P/E w/ ¥15.4B net cash despite +422% 5yr run. 'Known Good Die' testing = high recurring demand as HBM scales.

Read full article (1 min)