Asahi Intecc Co., Ltd. (AHICF)
Asahi Intecc Co., Ltd. operates in the Medical - Instruments & Supplies industry of the Healthcare sector, headquartered in Seto, AI, JP. The stock last traded at $21.41, up 0.00% on the session, giving a market capitalisation of $5.68B. On trailing twelve-month figures it carries a trailing P/E of 27.92, a net margin of 22.1%. Its beta of 0.50 implies it has historically moved less than the broad market.
Asahi Intecc Co., Ltd. is a global enterprise focused on the design, production, and distribution of medical devices across Japan, the United States, Europe, China, and other international markets. The company structures its operations into two main segments: the Medical Division and the Device Division. Its comprehensive medical device portfolio features a variety of instruments for cardiovascular interventions, specifically percutaneous transluminal coronary angioplasty (PTCA) guide wires, guiding catheters, balloon catheters, and penetration catheters. Furthermore, it offers specialized guide wires for peripheral, abdominal, and cerebrovascular systems, such as IVR and micro catheters, alongside general guide wires and catheters for angiography. Beyond medical devices, Asahi Intecc provides OEM/ODM services for other medical technology companies. The firm also fabricates a wide array of medical and industrial components, including fine element wires, stranded conductors, coils, tubes, and custom terminal-processed goods. A significant part of its business involves the development, manufacturing, and sale of ultra-fine stainless steel wire ropes and related processed items. Established in 1976, the company was initially named Asahi Mini Rope Sales Co., Ltd., before officially becoming Asahi Intecc Co., Ltd. in July 1988. Its headquarters are situated in Aichi, Japan.
Asahi Intecc Co., Ltd. is most often compared with the following Healthcare names: