【JP:4082】Stock Price
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Business Overview
Daiichi Rare Element Chemical Industry manufactures and sells zirconium compounds. There are two types of zirconium compound manufacturing methods: dry processes (such as electric fusion) and wet processes. The company operates both types of equipment and can select the appropriate manufacturing method based on customer needs. Additionally, the company operates an integrated production system from raw ore to finished products using the wet process method.
The company manufactures high-purity zirconium oxide and zirconium compounds using the wet process method, and purchases zirconium oxide refined through the dry process method from affiliated companies. This approach allows the company to meet diverse customer requirements. The company also manufactures and sells compounds of other elements, including rare earth compounds and cesium compounds.
Zirconium compounds possess numerous properties including water repellency, high refractive index, high heat resistance, piezoelectricity, ionic conductivity, dielectric properties, high strength and toughness, and strong acidity and chemical resistance. These compounds are widely used as raw materials in everyday consumer products.
Daiichi Rare Element Chemical Industry operates a single business segment: the manufacturing and sale of chemical industrial products. The company divides its applications into five categories: "Strategic Field—Semiconductors and Electronics," "Strategic Field—Energy," "Strategic Field—Healthcare," "Automotive Exhaust Purification Catalyst Field," and "Foundation Field."
Specific applications include multilayer ceramic capacitors and smartphone housings in the semiconductors and electronics field; hydrogen generation catalysts and additives for lithium-ion battery cathode materials in the energy field; and dental materials and antimicrobial agents in the healthcare field.
Management Policy
Daiichi Rare Element Chemical Industry manufactures and sells zirconium compounds as its core business, pursuing sustainable growth. The company operates under the vision of "Toward a 100-year company alongside rare elements," aiming to provide innovative, high-value-added products that contribute to solving social challenges.
The company's medium-term management plan "DK-One Next" covers a 10-year period through 2032, emphasizing the creation of new businesses and adaptation to environmental changes. The company has identified semiconductors and electronics, energy, and healthcare as strategic sectors, targeting these sectors to account for over 50% of sales by 2032.
As part of its growth strategy, the company is establishing a new factory in Vietnam to diversify its zirconium compound supply bases. This initiative strengthens cost competitiveness and improves supply stability, building a foundation to support sustainable growth.
The company also prioritizes greenhouse gas emission reduction as a key management issue, advancing energy-saving activities and renewable energy adoption. Through these efforts, the company contributes to realizing a sustainable society and views environmental initiatives as growth opportunities.
Additionally, the company is promoting the development of a foundation where diverse talent can thrive, focusing on strengthening organizational capability and human resource development. This creates an environment where each employee can experience growth, enhancing the company's sustained competitive advantage.