Global Market Expansion for Synchrotron Radiation Facilities and Fourth-Generation Facilities

「With many upgrades and new construction projects scheduled worldwide, demand for high-precision mirrors has increased more than ever. We are pursuing orders from each facility based on detailed design studies aimed at achieving even higher precision.」

「In the Chinese market in particular, production for HALF, the synchrotron radiation facility under construction in Hefei, SHINE, the Shanghai X-ray free-electron laser facility requiring large quantities of high-precision mirrors with specifications that only our Company can achieve, and SSRF in Shanghai, one of our longstanding major customers, progressed as planned, and deliveries were completed without delay.」

「The order environment has been established at newly built synchrotron radiation facilities in cities with which we had not previously done business. Together with rising demand in Japan, Taiwan, South Korea and elsewhere, this supports expectations for medium- to long-term growth in the Asian market.」

「In Japan, the newly built fourth-generation synchrotron radiation facility NanoTerasu began operations and an upgrade plan for SPring-8 was reported, while many more projects are progressing overseas.」

「In China, Taiwan and South Korea in particular, demand is increasing not only for new construction and upgrade projects but also for replacement projects, creating a favorable environment in which the Asian market is expected to achieve medium- to long-term growth overall.」

「Against a backdrop of rising demand, particularly in China, Taiwan and South Korea, the Asian market is expected to achieve medium- to long-term growth. In this environment, demand for high-precision X-ray nanofocusing mirrors is increasing not only at large synchrotron radiation facilities but also at medium-sized facilities, further broadening our customer base.」

「Large orders associated with plans to upgrade or newly build synchrotron radiation facilities in the United States, Europe and China are increasing, and we continue to secure projects from domestic facilities including the next-generation synchrotron radiation facility NanoTerasu, scheduled to begin operations next year.」

「In China, construction of new synchrotron radiation and X-ray free-electron laser facilities and upgrades to existing facilities continue in major cities. In addition to ongoing orders from HEPS, the world's largest-scale next-generation large synchrotron radiation facility under construction in Beijing, and SHINE, the X-ray free-electron laser facility under construction in Shanghai, we have received multiple inquiries from related facilities planned or being launched in recent years in Hefei and Shenzhen. In Europe, demand for high-precision mirrors is also trending upward at medium-sized synchrotron radiation facilities in Spain, Italy and France, driven by increased cutting-edge research in energy and semiconductors. We are therefore actively developing the market and have made steady progress, including securing a new order from France's SOLEIL synchrotron radiation facility.」

「Plans to build and upgrade synchrotron radiation facilities in China and Europe and Japan's next-generation synchrotron radiation facility Nano Terasu are progressing steadily. Orders continue to be secured from these plans in China and Europe and from domestic facilities including Nano Terasu.」

「Orders continue to be secured from plans to upgrade or newly build synchrotron radiation facilities in China and Europe and from Japan's next-generation synchrotron radiation facility Nano Terasu, among others.」

「Plans are under way to upgrade synchrotron radiation facilities in China, Europe and the United States to fourth-generation systems and to build new facilities, including Japan's Tohoku next-generation synchrotron radiation facility Nano Terasu (formerly SLiT-J). As more advanced analysis is required, demand worldwide for advances in technologies that handle light is increasing. We secured more orders for our OsakaMirror products than in a typical year and expect demand to expand further.」

「Orders related to plans to upgrade facilities to fourth-generation systems in various parts of Europe have also become increasingly active, and we were recently able to resume in-person sales activities by travelling to European countries.」

「Orders related to plans to upgrade facilities to fourth-generation systems in various parts of Europe, including Germany, the United Kingdom, Switzerland and Italy, have also become increasingly active. New demand associated with new construction and upgrades, in addition to demand from existing synchrotron radiation facilities, is expanding.」

「The same is true in China, where orders have become increasingly active from more than 10 facilities across the country, including the fourth-generation synchrotron radiation facility under construction in Beijing, which will have the world's largest number of beamlines, and the X-ray free-electron laser facility under construction in Shanghai.」

「Across China, construction of synchrotron radiation and X-ray free-electron laser (XFEL) facilities on an unprecedented scale, as well as plans to upgrade existing facilities, are progressing, and China is considered the most important region for our current sales strategy. For example, construction is under way in Shanghai of the new SHINE X-ray free-electron laser facility, which has China's largest budget. [Omitted] In Beijing, approximately 120 beamlines are planned for HEPS, a next-generation large-scale synchrotron radiation facility under construction. It is expected to become the world's largest facility, surpassing leading large-scale synchrotron radiation facilities such as Japan's SPring-8, which have approximately 50 to 60 beamlines, and we are receiving an unprecedented number of inquiries.」

「At present, construction of synchrotron radiation and X-ray free-electron laser (XFEL) facilities is progressing across more regions of China than anywhere else in the world, and we believe China will be the most important region for our sales strategy in the post-COVID environment. For example, construction of the SHINE X-ray free-electron laser facility began in Shanghai in 2017, with operations targeted to begin in 2022 or later.」

「As China is seeing the construction of synchrotron radiation and free-electron laser facilities on a scale unmatched in other regions, we believe it is worthwhile to concentrate our management resources there and will continue pursuing this market.」

「In addition to the current 70 locations, approximately 30 facilities, including new fourth-generation synchrotron radiation facilities and X-ray free-electron lasers, are under construction or planned and are being completed sequentially. With these next-generation advanced facilities being newly established, demand is expected to increase for the high-precision X-ray nanofocusing mirrors in which the Company specializes.」

「In addition to the current 70 locations, approximately 30 facilities, including new fourth-generation synchrotron radiation facilities and X-ray free-electron lasers, are under construction or planned and are being completed sequentially. With these next-generation advanced facilities being newly established, demand is expected to increase for the high-precision X-ray nanofocusing mirrors in which the Company specializes.」

「There are approximately 70 synchrotron radiation and X-ray free-electron laser facilities worldwide, and substantial investment is currently under way in new construction, expansion and upgrades. In addition to the current 70 facilities, approximately 30 new fourth-generation synchrotron radiation and X-ray free-electron laser facilities are under construction or planned and are being completed successively. We believe demand will continue for at least the next 20 years and that the market will continue to expand.」