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star micronics co ltd (7718) Details

Star Micronics Co., Ltd. manufactures and sells special products, machine tools, and precision products. It offers small printers, such as thermal printers, thermal printer mechanisms, dot matrix printers and mechanisms, and hybrid and portable printers; and visual card readers/writers for PET/PVC cards, as well as provides control boards, peripherals, and accessories. The company also offers CNC automatic lathes and turning centers, as well as utility software to enhance performance of machining. In addition, it provides precision products comprising wristwatch components, such as winding stems, screws, crowns, pipes, metal buttons, and insert buttons; hard disk drive parts for application in personal computers, car navigation systems, portable music players, mobile phones, etc.; medical equipment components, including bone screws used in orthopedic treatments, dental implants, and reinforcing components for joints; connector components for fiber-optic cables and passive components; automobile parts, such as ABS, valve parts, etc.; and probe pins. The company has operations in Japan, the United States, China, Germany, and internationally. Star Micronics Co., Ltd. was founded in 1947 and is headquartered in Shizuoka, Japan.

Founded in 1947

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star micronics co ltd (7718) Key Developments

Star Micronics Introduces the Swiss Type Automatic Lathe ST-20

Star Micronics introduced its new 3-turret complex machine Model ST-20, a new model of the Swiss type automatic lathe (Note 1). This model is designed for complicated shaped parts to be used in the medical, automobile and aircraft industries, and scheduled to be released globally in August, 2014. Star Micronics introduced the current ST-38; 3-turret type complex machine model in June, 2010. The ST-20 can handle workpieces with a maximum machining diameter of ø20mm. There are 12 controlled axes, including 10 linear controlled axes and 2 rotary controlled axes like the ST-38. It has the large number of controlled axes of all the Swiss type automatic lathes in its class. The opposing 8-stationed turret type tool post (3-axis control on the front and 2-axis control on the back side) for front-side machining with the guide bush arranged in the center allows turning, drilling and milling simultaneously through the independent control of each tool post. For back-side machining, an 2-axis controlled 8-stationed turret-type tool post equipped with 2-axis control function is employed. This design achieves a complex machining performance equivalent to that of the front- side machining. Efficient process splitting and simultaneous machining on both the front and back sides enables the reduction of machining time. In addition, a unique Star Motion Control System is mounted in order to minimize non-cutting time for switching the control system and changing tools to aim at the reduction in the total machining time from the standpoint of the mechanical and control systems. The alarm help function for checking the details of each alarm on the NC screen, the program check function for checking the contents of the created program before starting machining and many other help functions are employed to improve operator's operability and workability. The Lathe ST-20 has the features: star Motion Control System for reduction of non-cutting time.; Simultaneous machining by opposing turret-type tool post for reduction of machining time.; and the turret-type tool post for back-side machining to achieve simultaneous machining on both the front and back sides. it has high accuracy because of suppressed thermal displacement of the main/sub spindles by spindle cooling unit.; cutting oil cooling unit mounted as standard to suppress the thermal displacement caused by heat generation from rotary tools and temperature rise of cutting oil.; and star Motion Control System to achieve smooth axis movement control and restrain machine vibration. The machinery capability is such that Turret-type tool post for back-side machining achieves complex machining equally on both the front and back sides.

Star Micronics Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended May 31, 2014; Provides Earnings Guidance for the Six Months Ending August 31, 2014 and Year Ending February 28, 2015; Provides Dividend Guidance for the Six Months Ending August 31, 2014 and Year Ending February 28, 2015

Star Micronics Co., Ltd. reported consolidated earnings results for the first quarter ended May 31, 2014. For the quarter, the company reported net sales of JPY 10,438 million, operating income of JPY 803 million, ordinary income of JPY 844 million and net income of JPY 655 million or JPY 15.54 per diluted share as compared to net sales of JPY 8,370 million, operating loss of JPY 62 million, ordinary income of JPY 268 million and net income of JPY 114 million or JPY 2.73 per diluted share for the same period a year ago. The company provided earnings guidance for the six months ending August 31, 2014 and year ending February 28, 2015. For the six months ending August 31, 2014, the company expects net sales of JPY 21,400 million, operating income of JPY 1,750 million, ordinary income of JPY 1,900 million and net income of JPY 1,300 million or JPY 30.88 per diluted share. For the year ending February 28, 2015, the company expects net sales of JPY 46,500 million, operating income of JPY 4,700 million, ordinary income of JPY 5,000 million and net income of JPY 3,600 million or JPY 85.51 per diluted share. For the six months ending August 31, 2014, the company expects to pay a dividend of JPY 19.00 per share compared to JPY 17.00 per share a year ago. For the year ending February 28, 2015, the company expects to pay a dividend of JPY 19.00 per share compared to JPY 17.00 per share a year ago.

Star Micronics Co., Ltd. to Report Q1, 2015 Results on Jun 30, 2014

Star Micronics Co., Ltd. announced that they will report Q1, 2015 results on Jun 30, 2014

 

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TEV/Sales 1.1x
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