WeTouch Enters Global Supply Chain of One of Japan’s Top Three Office Equipment Manufacturers - WETH
I realize I'm likely again only talking to myself, but here goes anyway.
[https://www.globenewswire.com/news-release/2026/07/14/3326979/0/en/WeTouch-Enters-Global-Supply-Chain-of-One-of-Japan-s-Top-Three-Office-Equipment-Manufacturers.html](https://www.globenewswire.com/news-release/2026/07/14/3326979/0/en/WeTouch-Enters-Global-Supply-Chain-of-One-of-Japan-s-Top-Three-Office-Equipment-Manufacturers.html)
This is good news, $10 Million ADDITIONAL sales revenue with approximately 30% annual growth rate.
From a Google search: "Canon, Ricoh, and Konica Minolta are widely recognized as Japan's "Big Three" dominant office equipment and multifunction printer manufacturers."
As we know, WeTouch already has Canon as a customer, that would likely leave one of the other two.
Combined with Siemens as a customer, WeTouch is starting to conduct business with some very large global customers.
Again, some of the fundamentals:
**\*$120M in Cash ($10/Share)**
**\*Positive Cashflow**
**\*1.79 PE**
**\*No Debt**
**\*0.11 Price to Book**
**\*Growing YOY Revenue and Net Income**
**\*\*$46M TTM Rev, $8.4 TTM NI**
**\*$10M/YR, 5 Year Siemens Contract**
[**https://www.reddit.com/r/WETH\_WeTouch/comments/1uebq75/wetouch\_technology\_weth\_10sh\_cash\_pe\_172\_eps\_071/**](https://www.reddit.com/r/WETH_WeTouch/comments/1uebq75/wetouch_technology_weth_10sh_cash_pe_172_eps_071/)
Wall Street seems to have rejected everything related to China. Is this the baby thrown out with the bath water?
Of interest, many of us wrote a shareholder letter to the company, with follow up emails. Many of the PR points mirror some of the suggestions raised. Still waiting for any news of a stock repurchase program. A copy of what was submitted, and can still be submitted, is on the "sub".
GLTA