FURUYA METAL CO.,LTD. (7826) Stock Price

Furuya Metal Co., Ltd. is primarily engaged in the manufacturing and sales of industrial precious metal products. Leveraging the properties of platinum-based and other precious metals, the company produces heat-resistant containers (crucibles), thin-film materials, thermocouples, and other components.

The company's major customers are manufacturers in the electronics, optical glass, semiconductors, clean energy, and medical sectors. Orders from these customers form the core of the company's revenue. Additionally, the company generates income from the sale of precious metal raw materials and contract recycling and refining services.

The company operates across five business segments: Electronics, Thin Film, Thermal, Fine Chemicals & Recycling, and Supply Chain Support. In the Electronics segment, for example, the company supplies materials for optical glass and telecommunications equipment. In the Thin Film segment, it provides high-purity plate materials and contract thin-film manufacturing services for magnetic recording and next-generation semiconductors.

The company has established "KFK Vision 2030," a medium-term management plan covering the fiscal years ending June 2026 through June 2030. It aims for sustainable growth by creating high-value-added products through proprietary technologies while contributing to the realization of a digital and green society. Specific financial targets for the fiscal year ending June 2030 include revenue of 150 billion yen, operating profit of 20 billion yen, return on equity (ROE) of 10% or above, and return on invested capital (ROIC) of 8% or above. Strengthening core earnings capacity and stabilizing profitability are the company's top priorities.

Priority investment areas are electronics, thin films, thermal, fine chemicals, and recovery and refining—five core segments. The company differentiates itself by providing high-value-added products centered on platinum-group metals (PGM) and other precious metals. Specific differentiation strategies include optimizing product design through coordination among sales, development, and manufacturing; ensuring quality stability through standardization and automation of manufacturing processes; and making capital investments to strengthen precious metal procurement capabilities, with particular emphasis on expanding precious metal recovery capacity.

In new market development, the company targets high-functionality sectors including semiconductors, telecommunications, optical glass, clean energy, and medical applications. It plans to expand its business scope through contract manufacturing, material supply, and recovery and refining services. Additionally, the company prioritizes supply chain resilience in light of natural disasters and geopolitical risks, securing stable raw material supplies by maintaining and strengthening business relationships with Tanaka Precious Metals and mining companies, thereby solidifying the foundation for business expansion.

Regarding technological innovation, the company pursues both research and development of high-value-added products and establishment of recovery technologies in parallel. Specifically, it aims to reduce costs and ensure quality stability through manufacturing process automation and efficiency improvements; improve recovery rates through process refinement and new technology adoption; and realize sustainable manufacturing through environmental and safety measures and governance improvements. Through these efforts, the company seeks to earn trust from customers and shareholders.