CORPORATEPROFILE
2024

Message from the Chairman
Innovative technologies, shifting values, and diverse societal
challenges are transforming the world around us.
Manufacturing companies today must go beyond merely
pursuing performance and technical excellence; they are now
tasked with creating new value through their products andinnovating the manufacturing process itself.
Since our founding, we have been driven by a powerful vision:
to revolutionize manufacturing through software and become atrusted partner for future product development. As
manufacturing undergoes signiﬁcant changes, we too mustenhance the value we provide and achieve greater heights tolead the future of manufacturing. We have been diligently
preparing for this leap forward.
The Partner For Success
Now is the time to demonstrate our true value. Leveraging ourunique organizational capabilities, honed through our relentless
pursuit of solutions that contribute to our customers' success in
manufacturing, we are committed to fostering innovation andcontributing to the realization of a more prosperous society.
Chairman and CEO Makoto Kaneko

Ring of Scenery – a contemporary sculpture at the front entrance of
the Global Headquarters and R&D Center in Yokohama, Japan.
It symbolizes the engagement between Zuken and customers.

01 ZUKEN Inc. Corporate ProﬁleZUKEN Inc. Corporate Proﬁle 02

Our Value

A Trusted Partner for Product Development

Message from the President
Building a Resilient Manufacturing Future
The manufacturing industry is undergoing rapid transformation
SafetyandSecurity

driven by technological advancements. We have been at theforefront of this evolution, empowering manufacturers worldwide
with software solutions that optimize engineering processes. By
distilling our extensive experience into packaged software, we havehelped countless clients enhance eﬃciency and sophistication.
Today, the pace of change is accelerating dramatically. Artiﬁcial
intelligence is reshaping industries, and global challenges such as
pandemics and economic instability create unprecedented
uncertainty. These factors underscore the critical need for adaptable
and resilient manufacturing processes.
Model-Based Systems Engineering (MBSE) is the cornerstone of thistransformation. Originally developed in the highly regulated
aerospace industry where iterative improvement through trial anderror is challenging, MBSE has evolved as an engineering
methodology to eﬀectively manage complexity and uncertainty. By
meticulously deﬁning requirements upfront and ensuringconsistency throughout development, MBSE enables rapid responseto changes. This approach is essential for delivering high-quality
products in a dynamic market.

President and COO Jinya Katsube

We are committed to driving MBSE adoption in manufacturing.
Optimal Solution Proposals

Through collaborative projects with our clients, we are developing

through Customer Dialogue

innovative solutions that build resilience into the engineering
process. Our goal is to be a trusted partner in helping
manufacturers navigate the future with conﬁdence.

03 ZUKEN Inc. Corporate ProﬁleZUKEN Inc. Corporate Proﬁle 04

Our Business

Zuken’ s Ever-Expanding Business Domains

Company Taking an Evolutionary Leap
as a Digital Engineering Innovator

Model-Based Systems Engineering (MBSE)
Innovative Engineering for Product Development in a Connected WorldAs all kinds of products become interconnected, the development of features based on thecomplex and advanced interworking of systems is required. For the development of suchcomplex systems, we propose the introduction of MBSE , which enables a comprehensive view ofthe overall system at the product concept stage and derives optimal solutions. We support thisthrough both implementation/operation consulting and tool provision.
The MBSE modeling tool. By expressing and managing productplanning and requirements analysis through "system models,"rather than traditional document-based methods, we ensure
consistency of information throughout the product lifecycle andvisualize the impact range of design changes.

Electronics Design Automation (EDA)
Since our establishment, Zuken’ s core business has been to provide electrical and electronic design
solutions that support the development of electronic products.
Today, the signiﬁcant advances we are seeing in communications technology, artiﬁcial intelligence, andcomputing capabilities are transforming manufacturing processes. Zuken aims to provide an even morecomprehensive range of engineering solutions beyond the simple electronics ﬁeld to help manufacturing
customers develop a more holistic view of various technical domains and realize innovative product

PCB Design Solutions Serving as a Platform for Electronic Product Development
The advanced functions of electronic products are realized through electronic circuits on printed
circuit boards (PCBs) equipped with semiconductors and other electronic components. We
provide software to automate and optimize the design and manufacturing of these electrical andelectronic systems.
An electronics design platform that views multiple diﬀerent
objects, such as semiconductors, packages, and printed circuitboards, as a system for design and veriﬁcation. By leveraging 3Dtechnology and AI, it can innovate the design process andcontribute to improving operational eﬃciency.

development more eﬀectively and swiftly.

Electrical Control and Wiring Design
Wiring Design Solutions Contributing to Eﬃciency and High Quality in Industrial
Equipment Development
Inside industrial and electronic equipment, complex cables and harnesses are arranged toelectrically connect and control units and components. We provide systems that streamline thedesign of these cables and harnesses.
An integrated electrical CAD software for electrical control, wiring,and harness design. By enabling real-time linkage of drawings andcomponent data, and automatic output of design deliverables, it
contributes to the eﬃciency of electrical design tasks.

Engineering Data Management (EDM)
Product Lifecycle Management That Only Zuken, with Its Rich E/E Design
Expertise, Can Provide

Digitally Connecting the Entire Product Lifecycle

We provide product data management systems that are unparalleled in their perfection and are
optimized for the development of electronic products. This includes centralized management ofelectronic component information and design deliverables that link and store information onparts, circuits, and boards.
An electronics design and manufacturing support platform that
integrates with electrical design systems like CR-8000 andE3.series, as well as third-party tools. By centrally managing design
data and electronic component information, it contributes toimproved design quality and shorter development times.

Automotive Electrical and Electronic (E/E) Systems Engineering
Advanced E/E System Design Solutions for Next-Generation Mobility
Development
As automobile development becomes increasingly advanced and complex with numerous
cutting-edge electronic systems, we provide E/E system design environments central to thisdevelopment, contributing to the eﬃciency and quality of product development.
A next-generation E/E system design and manufacturing support
platform for transportation equipment like automobiles. Throughgenerative design, it automatically generates wiring information andharness component information, signiﬁcantly streamlining theprocess from circuit design to wire harness and manufacturing design.

05 ZUKEN Inc. Corporate ProﬁleZUKEN Inc. Corporate Proﬁle 06

Our History

A Steady Accumulation of Value

2024¥38.4 billion

Founded in 1976, Zuken’ s story mirrors the growth of the electronics industry. Zuken has provided
behind-the-scenes support for the development of a multitude of electronic devices that have madesociety a better place, and as the use of electronics has spread, so have Zuken’ s solutions and businesses.
All around the world, customers take on the challenge of creating new technologies. Zuken continues to
accept this challenge.

Announcing a new MBSE product strategy for Japanesemanufacturing industry.

Expanding MBSE Solutions: Strengthening
Manufacturing DX Support

Our R&D eﬀorts extend to Germany and the UK.

We have cultivated a global R&D andbusiness network.

2020

Contributed to the miniaturization of electronic devices

Our CAD/CAM technology established an
unshakable position amid growing demand forsmaller, thinner, and lighter electronic devices.

Create 2000 at its launch

2010

2000

Zuken opened the ﬂoodgates with Japanʼs ﬁrst
CAD/CAM system for PCB design in 1978.

2010s

1990

May 2010 Zuken acquired a 14% share in Lattice Technology Co., Ltd.
Jun. 2011 Visual BOM, a new generation engineering platform that merges bill of materials technology
with the ultra lightweight 3D format XVL, released.

Oct. 2011 CR-8000, including Design Force, launched the next-generation electronics design platform.
This completed Zuken’ s system level electronics design environment.

Aug. 2014 Global Automotive and Transportation Competence Center established in Erlangen, Germany.

Net Sales

1990s

2000s

Oct. 1991 Registered on the Second Section of the Tokyo Stock

Mar. 2000 Zuken acquired all shares of INCASES Engineering

Exchange as the ﬁrst electronic design automation(EDA) corporation.

1980

Jan. 1992 Zuken Europe GmbH (now Zuken GmbH) establishedin Germany.

Jan. 1992 Zuken Korea Inc. established in South Korea.
Aug. 1992 Zuken Singapore Pte. Ltd. established in Singapore.

1970s

1980s

Dec. 1976 Zukei Shori Gijutsu Kenkyusho Inc.

Nov. 1983 Zuken America Inc. (now Zuken USA Inc.)

Jun. 1978 Japanʼs ﬁrst full-scale CAD/CAM system

Jan. 1988 CR-3000 (PWS), a printed circuit board

established in Isogo-ku, Yokohama.
Create 2000, for the design of printed
circuit boards, developed.

Apr. 1994 EDA vertical integration solution CR-5000 developed.
Jun. 1994 Zuken acquired Racal-Redac Ltd. of the United

established in California, United States.
CAE/CAD/CAM network workstation,
developed.

Kingdom.

Sep. 1994 Moved to the First Section of the Tokyo Stock
Exchange.

May. 1996 ePLM DS-1, a Product data management solution
specialized for the electronics design, developed.

Dec. 2014 Zuken and Toyo Business Engineering (now Business Engineering Corporation) concluded anagreement on a capital and business alliance.

GmbH.

Mar. 2015 Zuken India Private Limited established in India.
J u l . 2 0 1 5 Zuken took over YDC Corporation’ s CADVANCE business (CAD and PDM operations).

Mar. 2002 Began providing wire harness design software forApr. 2016 Zuken split oﬀ its PreSight Division to establish Zuken PreSight Inc.

Jun. 2002 Zuken (Shanghai) Technical Center Co., Ltd.

Aug. 2019 Zuken acquired Vitech Corporation (now Zuken Vitech Inc.) of the United States.

the automotive industry.
established in China.

Feb. 2004 ePLM DS-2, a Product lifecycle management soutin
focusing on E&E process, released.

Aug. 2005 Zuken Taiwan Inc. established in Taiwan.
May 2006 Zuken acquired Germany’ s CIM-TEAM (now Zuken
E3 GmbH).

Jun. 2007 V54EE, a mechanical CAD system specially designed
for the electronics industry, released.

Jun. 2009 Enterprise PLM PreSight released.

Dec. 2017 Zuken acquired Alfatech Inc. (now Zuken Alfatech Inc.)
Sep. 2019 Zuken and Ghelia Inc. concluded an agreement on a capital and business alliance.
Oct. 2019 Zuken Modelinx Inc. established.

2020s
Nov. 2021 Business Engineering Corporation became an equity-method aﬃliate following an additional
investment by ZUKEN.

Apr. 2022 Stock listing was moved to the Prime Market because of the restructuring of the Tokyo Stock
Exchange into new market segments.

The Evolution of Electronic Products

Laptopcomputers
Mobilephones

Personalcomputers

DVD players
Electric vehicles

Home game consoles
Portable
audio players

07 ZUKEN Inc. Corporate ProﬁleCD players

LCD televisions

Domestic robots

Smartphones

Wearable devices

Automated driving
technology

VR/AR

ZUKEN Inc. Corporate Proﬁle 08

Global Network

EuropeChallenges in Global Markets Accelerate Our Growth
Headquarters

Regional headquarters

Business locations

Main R&D oﬃces

Sales oﬃces

Japan & Asia
Our head oﬃce is in Yokohama, the city where Zuken was founded. The headoﬃce oversees product and business development in Japan and worldwide.
The operating environment faced by manufacturing industries is increasingly
global and borderless. Companies look to Asia as not only a manufacturing base,
but as an important center for product development. We have therefore
established subsidiaries in South Korea, Singapore, China, Taiwan, and India. We have built a system
for accurately identifying the needs of customers in each region to oﬀer the best possible solutions.
Japan ●

■ Global Headquarters/

South Korea ● Zuken Korea Inc.
R&D Center (Yokohama)
Singapore ● Zuken Singapore Pte. Ltd.
● Center Minami Building (Yokohama)
China ● Zuken Shanghai Technical Center● Shin-Yokohama Building (Yokohama)● Zuken Inc.Shenzhen Representative Ofﬁce● Kansai Branch (Osaka)Taiwan ● Zuken Taiwan Inc.
● Nagoya Branch (Nagoya)
India ● Zuken India Private Limited

Zuken has a strong business foundation in Europe, a region that is home to
many leading companies in global markets such as industrial machineryand automotive products. We complement our European sales networkwith bases that carry out core technology development. Our Global
Automotive and Transportation Competence Center in Germany is part of
Zukenʼs organization for developing next-generation automotive electronicand electrical design solutions for global markets.
UK ■ ● Zuken Ltd. (Zuken Technology Center)/

Poland ● Zuken E3 GmbH Sp.z o.o
Switzerland ● Zuken E3 GmbH, Zweigniederlassung
Zuken GmbH (European Headquarters)
Germany
France ● Zuken S.A.
● ■ Zuken E3 GmbH (Laemmerweg)
Italy ● Zuken S.r.l.
● Zuken E3 GmbH (Sedanstr.)
Netherlands ● Zuken GmbH, Sales Ofﬁce Benelux
Zuken Group Ltd. / Zuken UK Ltd.

■ Zuken GmbH (EMC Technology Center)● Zuken E3 GmbH Ofﬁce Nord
■ Zuken E3 GmbH (Global Automotive andTransportation Competence Center)

AmericasNorth America has many innovative
companies that greatly inﬂuence
manufacturing worldwide, and isalso an important businessdevelopment base for Zuken. Zuken
provides advanced solutions to many leading U.S.
high-tech companies in this market. In addition, we are
actively developing MBSE solution products, leveraging
the extensive experience of Zuken Vitech in Systems
Engineering.

USA

Zuken USA Inc.(American Headquarters)● ■ Zuken Vitech Inc.

Distribution of Personnel(As of the End of March 2024)

Japan*(Zuken Inc.)

427

Global393*Excluding domestic aﬃliated companies and employees stationed overseas.

09 ZUKEN Inc. Corporate ProﬁleZUKEN Inc. Corporate Proﬁle 10Sustainability

We are addressing social issues through our business to achievea sustainable manufacturing environment

We can create a sustainable future with the power of our engineering IT
Our business objective is to improve the eﬃciency of engineering processes in the manufacturing industry by leveraging IT. Such
improvement can contribute signiﬁcantly to reducing the burden placed on the global environment in terms of design andmanufacturing eﬃciency and improving the eﬃciency in procurement and services operations across the entire supply chain. In
addition, our technology is indispensable for manufacturers striving to develop energy-saving, smaller, and lighter products. The
popularization of such products will help drive the realization of a sustainable society.

Contributing to the Eﬃcient Development of Environmentally Friendly Hydrogen
Fuel Cell Vehicles
GreenGT, a Swiss company developing hydrogen-powered systems, has adopted Zuken's electrical control design system,
E3.series, for the prototype development of hydrogen fuel cell vehicles. Prototype development demands the creation ofhigh-quality, safe products within tight schedules. By leveraging E3.series for the electrical design of fuel cell systems anddrive systems for hydrogen fuel cell vehicles, the company has streamlined circuit design and wire harness design processes,
thereby shortening development time.

Going forward, we aim to be a company that can contribute toward building a sustainable future by incorporating the perspective of“realizing a sustainable society” more clearly into our management and growth strategy planning and by further expanding the range of
products and solutions that we oﬀer.

Materiality
In identifying material issues, we extracted challenges by considering changes in the external environment aﬀecting ZUKEN Group'sbusiness and the expectations of our stakeholders. We then evaluated the importance of each challenge from both risk and opportunity
perspectives and identiﬁed the following three issues as our material issues.

Contribution to sustainable
manufacturing throughengineering IT

We will strengthen our investment in development of solutions that make product development
smarter (intelligent) and more eﬃcient, and contribute to solving issues surrounding
manufacturing, such as technology transfer, human resource shortages, and reduction ofenvironmental impact. We will also utilize our engineering IT expertise to expand services that
support the development and reskilling of digital human resources within our customer
companies.

Reinforcing human capital

In order to reinforce human capital — a source of strength in our software business—we will
create a work environment where diverse teams can work to their full potential and eachmember can develop their career over the long term.

Establishment of a governancesystem to enable agile andsound management

We will respond with speed and ﬂexibility to a business environment undergoing a great manychanges and strengthen our management structure to ensure that we can carry out businessactivities that are legal, appropriate, and sound.

Revolutionizing PCB Design with AI to Address the Manufacturing Industry's
Shortage of Skilled Workers
As electronic devices become smaller and more sophisticated, the engineering eﬀort required for electrical design isincreasing. Coupled with the severe shortage of engineers, improving the eﬃciency and automation has become a common
challenge in the manufacturing industry. To address this issue, Zuken is continuously developing "Autonomous Intelligent
Place and Route," an AI-powered automated placement and routing function for printed circuit boards, to signiﬁcantly
improve the eﬃciency of electrical design tasks. This function aims to achieve automated placement and routing that iscloser to manual design by reﬂecting the preferences and characteristics of designers, rather than relying on conventional
mechanical automation.

Getting each design feature learned in each Feature DB
AI engine

Main initiatives
Promotion of Women’ s Empowerment

Development of Digital Talent

We believe that the existence of diverse perspectives and values
throughout the company leads to corporate growth, andassigning the right person to the right positions regardless ofgender or nationality is a best practice. Based on the concept of
the right person for the right job, we actively promote the hiringof women and their promotion to manager-level positions.
To support women's careers, we have established a workplaceenvironment and systems that enable women to work with peaceof mind for the long term. Speciﬁcally, we have introduced
various leave systems and a system for shorter working hours
that extend beyond the statutory period for parents with children
up to the completion of 3rd grade of elementary school tosupport work-life balance.

To upskill and reskill our employees, we oﬀer IT and digitaltraining through external programs to cultivate digital talent witha wide range of skills. We also encourage employees to enhancetheir IT skills independently by introducing a reward system forobtaining IT certiﬁcations.

Learn
Past design data

Feature DB
Place
Routing plan

Input

Next Generation Project, Support for Engineers
To contribute to the development of manufacturing
environments, we are actively involved in supportingnext-generation projects aimed at solving societal challenges
through manufacturing, as well as fostering the growth of futureengineers.

Remote Work System
To protect the lives and safety of our employees and ensurebusiness continuity in the event of natural disasters, we have
implemented a remote work system. We have created anenvironment where employees can combine working in the oﬃce
with working from home.

For more information on our sustainability initiatives, please visit our corporate website.

Route

OutputAutonomous Automatic Placement and Routing

Nurturing the Next Generation of World-Leading Software Engineers
We are committed to fostering the growth ofworld-class software engineers. To this end, wesponsor the "ET Robocon" competition, arenowned platform for engineering students.
Our company also sends teams of new
employees to participate, providing them with avaluable opportunity to learn the entire softwaredevelopment lifecycle through hands-on
project-based learning.

https://ir.zuken.co.jp/en/policy/sustainability/

11 ZUKEN Inc. Corporate ProﬁleZUKEN Inc. Corporate Proﬁle 12

Financial Information

Proﬁt attributable to owners of parent

A Solid Financial Foundation

For the manufacturing industry, product development is
an important, fundamental operation that determines
future growth.
Zuken provides solutions required for competitive
product development. For us to support our customersʼ
strategic product development and give them long-term
conﬁdence in our solutions, we must have solid ﬁnancial

foundations ourselves.

3,000

In the world of information technology, where technologicalinnovation is intense, we must invest ﬂexibly in order tocontinue providing cutting-edge technology in a timely
manner. For this reason, since our founding, we haveestablished and maintained a solid ﬁnancial foundation as
one of our most important management strategies.

2,000

Net sales

2,113

2,595

3,002

3,196

2021

2022

2023

2024

57,16859,10562,498¥63,879million

2021

2022

2023

2024

38,50538,23840,884¥40,454million

2,137

1,000
0

2019

2020

31,502

28,81960,00020,00010,000

0

Sales by region
Asia

7.8

18.3

％

2019

5.4

％

2020

2021

2022

2023

Client service

41.5

％

68.3

¥38,466 million

IT solution(March)40,000

12.2

2019

2020

32,607

34,58320192020

30,000

％

0

22.0

％

2021

2022

2023

(Millions of yen)

3,050

3,391

63.3

%

3,904

2024

(March)4,428¥4,796million

12.5

2,891

¥55
45

50

Operatingincome ratio

40
30

%

26

29

30

2019

2020

2021

37

20
10

2,000

0

1,000
0

Shareholders’equity ratio

Dividends

％

(yen)

3,000

(March)10,000Circuit design
solution

Operating income
4,000

%

Shareholders’ equity

24.3

％

260.3

20,000(Year ended March
2024)(Year ended March
2024)

Japan

51,445(Millions of yen)

Board design
solution¥38,466 million

％

2024

Sales by product

Other 0.2％

47,190Current ratio

40,00020,000

0

North America

29,296

26,78730,000¥38,466million

35,073(March)Total assets(Millions of yen)

(Millions of yen)

Europe¥3,868million(Millions of yen)

2019

2020

2021

2022

2023

2024

2022

2023

2024

(March)(March)Group
Companies
In Japan
Zuken Group empowers ourcustomers to create
innovative products througha comprehensive suite oftechnologies and services.

13 ZUKEN Inc. Corporate ProﬁleZuken Tec Inc.

Zuken NetWave Inc.

Zuken Elmic Inc.

Zuken PreSight Inc.

Zuken Alfatech Inc.

Zuken Modelinx Inc.

Zuken Tec provides consulting, on-sitemanager and engineer dispatch, as wellas contracting services that support a
broad range of design anddevelopment operations, including CAD
installation, startup, and operation.

Zuken NetWave sells and supports
state-of-the-art hardware and software
for corporate networks, which are
indispensable for today’ s businessactivities.
These networks also include security
and storage solutions.

Zuken Elmic specializes in developing
custom embedded software, focusing
on low-latency streaming andcommunication protocols. Our
expertise is applied to various
industries, including security, industrial
automation, and automotive.

Zuken PreSight develops and markets
creative products that support the
manufacturing industry, including
product lifecycle management (PLM)systems based on technology thatcoordinates lightweight 3D data and billof materials (BOM).
It also provides knowledge
management solutions with a uniqueconcept that reduces user burden.

Zuken Alfatech provides a variety ofsolutions and services primarily tocustomers in the mechatronics industry,including development, sales, and support
for electrical CAD. It sells and customizes
2D/3D general-purpose mechanical CAD
and CAE systems.
As a new business area, Zuken
Alfatech is also developing 3D modelingapplications for the construction ﬁeld,
which is a domain with excellent potential.

Zuken Modelinx provides
comprehensive and expert services
centered on development support forcompanies aiming to introduce andoperate methods such as MBD(modelbased design) and MBSE
(model-based systems engineering) in
product development.

Business Engineering
Corporation
Business Engineering Corporation
provides manufacturing customers with
abundant IT solutions, including ERP
consulting, development, andimplementation services and SCM(Supply Chain Management) package
systems development and sales services,to support their operational reforms.

ZUKEN Inc. Corporate Proﬁle 14

社

名

設

立

本社所在地
資
従

本
業

金
員

株式会社 図研［ZUKEN Inc.］

取締役・監査役

1976年12月17日

101億1,706万5,000円
連結1,578名（2024年3月31日現在）

株 式 市 場

東京証券取引所プライム市場

事 業 内 容製造業における製品設計・開発業務全体の高度化・最適化を支援する、
各種ITシステムの開発・製造・販売や、コンサルティングサービスなど

金子 真人

代表取締役社長

勝部 迅也

代表取締役副社長

相馬 粛一

取締役

佐野 高志

取締役※

高原 わかな※〒224-8585 横浜市都筑区荏田東2-25-1

434名

代表取締役会長

監査役（常勤）

和田 扶佐夫

監査役※

半田 高史

監査役※

高田 保豊

※は社外取締役および社外監査役です。

執行役員

専務執行役員仮屋 和浩

専務執行役員

上野 泰生

執行役員

藤原 宏行

執行役員

大澤 岳夫

執行役員

早乙女 幸一

執行役員

奈良 功

執行役員

大塚 隆夫