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Description: Wacom Technology was established on July 12, 1983. It is a leading developer, manufacturer and seller of computer input devices and software. The company is based in Otone, Saitama, Japan while its US headquarters are located in Vancouver. The term Wacom was derived from the Japanese word Wa which means harmony or circle and Com for computer.

Leading Wacom Technology is President Masahiko Yamada. The members of his Board of Directors are Shigeki Komiyama, Wataru Hasegawa, Sadao Yamamoto, Takeshi Oki and Yasuyuki Fujishima.

Wacom Technology launched its computer-aided design electronic design (ECAD) services in 1984. It established a partnership with AutoDesk to create next-generation PC CAD software in July 1985. In October 2001, Wacom Europe GmbH acquired Wacom Components Europe. The latter became a subsidiary of Wacom Europe in Cambridge, England.

Wacom Technology’s product line includes professional graphics tablets, pen sensor components, electronic seals, consumer graphics tablets, and integrated liquid crystal display pen tablets. The company’s engineering collaborative solutions include electronic design CAD software and PDM/SMARTEAM. Wacom tablets are known for their use with patented battery-free, cordless and pressure sensitive stylus which is an on-screen writing pen.

It developed a user interface in May 2006 allowing computer input utilizing both finger and electronic pen directly on the computer screen. The company also launched the “Bamboo” consumer pen tablet in May 2007, the Signature Liquid Crystal Display Tablet in March 2007, and the Intuos3 Photo Finish Pack limited edition in February 2007.

In November 2008, Wacom Technology announced the company’s developments regarding the purchase of its own shares after the decision made by the Wacom Board of Directors to buy the company’s shares.

Wacom Technology achieved a record increase in sales of 9.3%, an operating profit increase of 35.4%, a recurring profit rise of 30.7%, and net profit after tax rise of 34.3%, during the second quarter of 2008, despite the worldwide economic downturn and the continued weakness of U.S. dollar.

The major shareholders of the company as of September 30, 2006 include Yiji Eto, Japan Trustee Services Bank, Willnow Co. Ltd., Mitsubishi UFJ Trust and Banking Corp., USI Japan Inc. and State Street Trust and Banking Co. Ltd.

The company was listed on the Tokyo Stock Exchange in December 2005.

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