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Since our company was established in 1954 as a distributor of electronic parts, the company has grown through a period of rapid economic growth by supporting Japanese industries from the foundation together with the development of semiconductors. We are proud to have contributed to the development of better products by always providing customers with products and information that are at the forefront of the times with our extensive experience and knowledge. As a supporter of technological innovation, we have provided essential products including microcomputers and other semiconductors, electronic components, and sensors. This requires a high level of expertise and requires the provision of comprehensive solutions such as microcomputers, software, and customization.
With more than 60 years of experience, we have the solution technology needed to provide one-stop services to customers.
As a manufacturer, we have also started our own brand of highly sensitive semiconductor strain sensor "STREAL" business and established a system to provide customers with solutions combining our own products in addition to our existing product range.
We will contribute to the realization and development of a smart society by evolving independently, without being bound by the framework of a trading company, toward the realization of a more convenient, safe, and secure society. Going forward, we will continue to fulfill its social responsibility by achieving sound and sustainable growth as a company that can live in harmony and coexistence with society and the environment by upholding its corporate philosophy of "Creation & Innovation," striving to increase its corporate value, and adhering to compliance based on corporate governance.
We look forward to our shareholders' continued support for our company business.
The semiconductor market has been growing steadily over the long term from the past to the present.
Looking back at the global semiconductor market, since surpassing the USD 100 billion mark for the first time in 1994, the market for personal computers and mobile phones has expanded, and digital home appliances such as digital cameras and flat-panel TVs have become more widespread, reaching the USD 200 billion mark in the late 2000s. In 2017, the market exceeded USD 400 billion, driven by the electronification of automobiles and the explosive growth in demand for smartphones. Although the market declined once in 2019, it expanded 26.2% year on year in 2021 against the backdrop of semiconductor shortages that started in 2020. The market is expected to continue growing in 2022. Down the road, the market will further expand on the back of the advancement of autonomous driving and IoT.
Glosel operates a stable business with its earnings base in the automotive and industrial sectors and provides advanced products in a wide range of fields, including consumer products such as digital cameras, office automation, telecommunications, and amusement.
This balanced business portfolio supports Glosel's sustained growth. Our basic strategy is to take on the challenge of developing new fields and always aim for the next stage of growth.
Glosel works closely with its suppliers, semiconductor manufacturers and system integrators, while enhancing the value of final products through "design-in" activities that involve customers in product development from upstream.
Although we are a trading company, we also have development functions that require specialized capabilities such as software development and LSI development, as well as fabless manufacturer functions such as research and development and quality assurance. By acting as a bridge between product manufacturers and semiconductor/parts manufacturers, we solve their respective problems and provide high added value.
Our unique sales order management system enables us to flexibly respond to various orders by predicting the required inventory based on the customer's supply and demand trends.
We have built a network of seven domestic and five overseas locations (Hong Kong, Taiwan, Shanghai, Thailand, United States) to meet the diverse needs of customers who are shifting their production bases overseas. Furthermore, even in times of disasters occurred frequently in recent years, we have maintained our customers' production lines by taking on the role of stable supply.
The needs that semiconductors are required to fill are constantly changing. The pace of change is speeding up due to technological innovation and the demands of society.
We aim to further expand our presence in the automotive and industrial fields, which are our core businesses, through always sharing information on the most advanced products and technologies with our customers, then responding to changes.
Furthermore, we will actively venture into promising fields, such as medical and nursing care, social infrastructure, and moreover, telecommunications, energy and housing. To this end, we strive to leverage the experience and technology that we have nurtured until now to create a new business field.
Simultaneously, we will contribute to a sustainable society that grows constantly, through our diverse businesses.
