---
title: "IBIDY Ibiden"
canonical: "https://supercyclehq.com/stock/ibiden"
type: "stock"
dataAsOf: "2026-11-02"
ticker: "IBIDY"
license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."
disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI."
---

# Ibiden (IBIDY)

Ibiden is a Japanese electronics and ceramics maker best known for IC package substrates, the high-precision boards that connect advanced chips to their circuit boards.

## AI Exposure Score

**62/100, Strategic.** Ibiden is a primary supplier of the IC package substrates under AI accelerators and server CPUs, and it is expanding substrate plants specifically for AI GPU demand. The thesis depends on accelerator volumes staying strong, since ceramics and automotive filter businesses dilute the mix.

## Quote

| Field | Value |
| --- | --- |
| Price (EOD close) | $12.43 |
| Change 1d | -0.56% |
| Change 7d | -7.86% |
| Change 30d | -39.81% |
| Change 1y | +117.93% |
| 52-week high | $21.83 |
| 52-week low | $4.44 |
| Market cap | $28.2B |
| P/E | 56.5 |
| EPS | $0.22 |
| Next earnings | n/a |

Quote as of 2026-11-02.

## Company

| Field | Value |
| --- | --- |
| Exchange | OTC |
| Sector | Technology |
| Headquarters | Ogaki, Japan |
| CEO | Koji Kawashima |
| Employees | 11,105 |
| Website | https://www.ibiden.com |
| Buildout layers | [Raw Materials & Mining](https://supercyclehq.com/category/raw-materials), [Chip Equipment & Foundries](https://supercyclehq.com/category/chip-equipment) |

## What the company does

Ibiden is a Japanese electronics and ceramics maker best known for IC package substrates, the high-precision boards that connect advanced chips to their circuit boards. It earns most of its money selling these substrates and printed wiring boards to major chipmakers, with a second business in ceramics and specialty carbon products.

The electronics segment centers on FC-BGA package substrates used under server processors and AI accelerators, including parts supplied for NVIDIA GPUs and Intel CPUs. The ceramics segment makes diesel particulate filters for cars and graphite components used inside semiconductor manufacturing equipment. Ibiden is building new substrate capacity keyed directly to AI accelerator demand.

Founded in 1912 as a hydroelectric power company in Ogaki, Japan, Ibiden employs about 11,000 people and trades in the US as an over-the-counter ADR under the ticker IBIDY.

## Role in the AI buildout

Ibiden sits in the Raw Materials layer and Chip Equipment layer of the AI buildout. Every advanced AI accelerator needs a package substrate to connect the chip to its board, and Ibiden is one of the few companies that can make these at leading-edge quality. As GPUs grow larger and adopt advanced packaging, substrate area and complexity rise, giving Ibiden more content per chip. Its graphite products also feed the semiconductor equipment supply chain.

## FAQ

### What does Ibiden Co do?

Ibiden makes IC package substrates and printed wiring boards for advanced chips, plus ceramics such as diesel particulate filters and graphite products used in semiconductor equipment. Based in Ogaki, Japan, it is one of the world's top suppliers of the substrates that sit under high-end processors.

### How is Ibiden Co exposed to AI?

Ibiden supplies the package substrates under AI accelerators and server CPUs, and it is expanding capacity specifically for AI GPU demand. Supercycle rates it Strategic with an AI Exposure Score of 62 out of 100, reflecting a real AI growth engine diluted by ceramics and automotive businesses.

### Who leads Ibiden?

Koji Kawashima is president and CEO, appointed in 2024. He has prioritized expanding IC package substrate production to serve generative AI server demand. The company is headquartered in Ogaki, Japan, and employs about 11,000 people worldwide.

### Is IBIDY a pure play AI stock?

No. Supercycle classifies Ibiden as Strategic, not a pure play. AI accelerator substrates are its clearest growth driver, but ceramics, automotive filters, and conventional electronics still make up a large share of the business, so its results are not tied to AI alone.

### Where does Ibiden trade?

Ibiden's primary listing is on the Tokyo Stock Exchange, and US investors can buy it as an over-the-counter ADR under the ticker IBIDY. It is a long-established member of Japan's electronics and materials supply chain.

---

Source: https://supercyclehq.com/stock/ibiden. Data as of 2026-11-02. Prices are end-of-day closes, never live.

Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.

Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.