began as a challenge undertaken by a few individuals of confidence and optimism,
and more than 30 years later we have grown into a company that makes an important
contribution to our society. The spirit of challenge remains the core of our enterprise,
as our engineers and their colleagues work diligently to develop new possibilities
for each new age. We shall continue to move forward as a group of top-level professionals
applying our ideas and our expertise to the tasks of creating new values and fulfilling
Ito and Sumiyoshi Tagaya started Hamamatsu Controls in November 1968, and the
following November established the company as Pulstec Industrial Co., Ltd. The
Japanese economy was entering its period of very high growth, and the electronics
industry was beginning to move away from vacuum tubes and into a new era of transistors
and integrated circuits. The company's founders foresaw the rapid advance of electronics
into a wide variety of different fields, and understood the growth potential of
a company that focused on applied electronics technologies. The name Pulstec was
an abbreviation for "pulse technologies"-the technologies of the electronic
pulses that serve as the heartbeat of all electronic equipment.
our beginnings, we have brought together new technologies, original ideas, and
highly capable engineers for the purpose of creating products that meet customer
needs and contribute to the advancement of society. Our customer list includes
manufacturers from various fields, such as electric appliance, OA equipment, transport
equipment, precision machinery, chemical, fiber, and medical equipment-and we
believe that it is our mission to help these manufacturers solve their production-line
problems and other technical issues. Consequently, we strive to provide high-quality
and reasonably priced products that meet a wide variety of needs-such as products
and equipment that support automation and power savings. (See "R&D.") Our
business principles and business strengths are enumerated below.
To use our creativity and capabilities to create new value and to contribute to
the betterment of society.
proceed in good faith with all members of society, as we seek to further not just
our own prosperity but also the well-being of all individuals.
remain aware of our responsibilities, and to apply wisdom and good faith as we
seek to open new possibilities.
Engineers from a wide variety
of fields are developing products by bringing together element
technology and know-how.
(A wide variety of fields: electronic circuitry, computer applications,
optics, precision machinery, and automated control)
We are the industry
leader in technologies related to evaluation, adjustment,
and inspection of optical discs and pick-ups.
We have customers in a variety
of industries-including electrical appliance manufacturers,
chemical suppliers, and automakers. The majority of these are
top-level companies listed on the first section of the stock
We have a strong R&D
organization, engineers are engaged in R&D issues
and production concurrently, all working together to come up
with new high-value-added products.
We respect the autonomy of
all of our employees, and maintain a flexible company
structure that encourages all employees to generate
their own ideas and to venture opinions freely without regard
to rank or position.
Our main business is inspection and evaluation
equipment for both R&D issues and production line and manufacturing
and sales of electronic applied equipments and system such as various
measurement, control, and data processing.
Our optical-disc related equipment and system is considered as industry
standard, and has played a crucial role in the development of the
optical-disc industry. To take advantage of our flexible mind and
technology, we will challenge for the development of new products.
In the field of optical application equipment and system, we come
up with solutions for a variety of industries. We will continue to
pursue the possibilities for commercialization of new products and
seek for new core business for Pulstec.
See "Product" for individual
We place the returns to shareholders as one of
our important issues and our basic rule is that returns should be
distributed steadily according to business performance. Internal reserve
funds shall be applied to future business deployment such as R&D
of new products and technology, facility investment, and creation
of new business.