Raw Material Recycling and Sourcing Diversification for Rare-Earth Magnets, and Bringing the Vietnam Plant Up to Full Capacity
First written in FY2016. 9 of 26 entries say "Restated". Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1ReframedAnnual report
「For rare-earth magnets, while meeting solid demand for hard disk drives, we focused on addressing China's export restrictions arising from U.S. tariff policy.」
In addition to measures concerning raw materials and supply security, it identifies addressing China's export restrictions stemming from U.S. tariff policy as a new priority for the rare-earth magnet business. - FY2024AdvancedAnnual report
「The main capital expenditures were for improvements in the quality of semiconductor silicon wafers and expansion of facilities at Shin-Etsu Semiconductor Co., Ltd., as well as expansion of rare-earth magnet manufacturing facilities.」
Capital expenditures for the Electronic Materials business, including expansion of rare-earth magnet manufacturing facilities, were specifically carried out during the fiscal year as well. - FY2024-Q2RestatedAnnual report
「For rare-earth magnets, although adjustments continued in the hard disk drive and industrial equipment markets, we worked to expand sales in the automotive and other markets.」
It states that, while adjustments continued in the hard disk drive and industrial equipment markets, efforts were made to expand sales in other markets, including automotive. - FY2024-Q1Addressing market adjustments and expanding sales in other marketsAnnual report
「For rare-earth magnets, although adjustments continued in the hard disk drive and industrial equipment markets, we worked to expand sales in other markets.」
It states that, while adjustments continued in the hard disk drive and industrial equipment markets, efforts were made to expand sales in other markets. - FY2023AdvancedAnnual report
「In the Electronic Materials business, ¥168.858 billion was invested in capital expenditures. The main investments were quality enhancements and capacity expansion for semiconductor silicon wafers at Shin-Etsu Handotai Co., Ltd., as well as capacity expansion for rare-earth magnet production facilities.」
During the fiscal year, ¥168.858 billion was invested in capital expenditures for the Electronic Materials business, including the expansion of rare-earth magnet manufacturing facilities. - FY2023-Q3Offsetting data-center investment adjustments with shipments to other marketsAnnual report
「Rare-earth magnets were also affected by adjustments to data-center investment, but this was offset by shipments to other markets.」
It states that the impact of adjustments to data-center investment was offset by shipments to other markets. - FY2023-Q2Demand remained firm despite customer operating restrictions and investment adjustmentsAnnual report
「For rare-earth magnets, although customers faced operating restrictions caused by the semiconductor shortage and data-center investment was adjusted, demand was generally firm.」
It states that demand for rare-earth magnets was generally firm, despite customer operating restrictions associated with the semiconductor shortage and adjustments to data-center investment. - FY2023-Q1Shipments continued under China lockdowns and customer operating restrictionsAnnual report
「Rare-earth magnets remained in strong demand despite China's lockdowns and customer operating restrictions caused by the semiconductor shortage, and we operated and shipped as fully as possible.」
It states that operations and shipments were carried out as far as possible under customer operating restrictions associated with China's lockdowns and the semiconductor shortage, in addition to the operating restrictions at production sites caused by previous infection-control measures and natural disasters. - FY2022RestatedAnnual report
「For rare-earth magnets, although infection-control measures and natural-disaster-related operating restrictions affected production sites in Asia, we operated as fully as possible to meet strong demand across all fields, including automotive, industrial equipment and hard disks.」
Operations have continued as far as possible to meet strong demand across multiple applications despite operating restrictions at Asian sites. - FY2022-Q3Continued operations under restrictions caused by infections and natural disastersAnnual report
「For rare-earth magnets, although infections and natural-disaster-related operating restrictions affected production countries, we operated as fully as possible to meet strong demand across automotive, industrial equipment, hard disk and other applications.」
It states that operations continued as far as possible to meet strong demand across multiple applications despite operating restrictions in production countries caused by infections and natural disasters. - FY2022-Q2Maximum shipments under operating restrictionsAnnual report
「For rare-earth magnets, we made maximum shipments to meet strong demand for automotive, industrial equipment, hard disk and other applications despite operating restrictions in Malaysia.」
It states that maximum shipments were made to meet strong demand across multiple applications, including automotive, industrial equipment and hard disks, despite operating restrictions in Malaysia. - FY2022-Q1RestatedAnnual report
「Rare-earth magnets performed strongly across the board, including automotive applications, factory automation and hard-disk drives.」
The disclosure states that performance remained strong across a broad range of applications, including automotive, factory automation and hard-disk drives. - FY2021ReframedAnnual report
「In the rare-earth magnet business, while leveraging integrated production from raw-material refining through finished products at 2 sites in Japan and Vietnam, we will carefully implement measures concerning raw materials and respond to supply-security reviews initiated in Europe and the United States.」
In addition to leveraging the integrated production system in Japan and Vietnam, the disclosure explicitly addresses measures concerning raw materials and responses to supply-security reviews initiated in Europe and the United States. - FY2021-Q3Automotive applications recovered strongly in the second halfAnnual report
「Rare-earth magnets were temporarily affected by restrictions on economic activity at the beginning of the first quarter, which disrupted operations at overseas plants, but shipments for hard-disk-drive applications remained strong, and automotive applications showed a strong recovery in the second half.」
While the effects of restrictions on economic activity on overseas plant operations remained, the disclosure describes strong shipments for hard-disk-drive applications and a strong recovery in automotive applications in the second half. - FY2021-Q2Overseas plant operations were temporarily affected by restrictions on economic activityAnnual report
「Rare-earth magnets were temporarily affected by restrictions on economic activity, which disrupted operations at overseas plants, but shipments for hard-disk-drive applications remained strong.」
The disclosure states that the overseas plants changed from full-capacity operations and a recovery phase, as described in FY2021-Q1, to having operations temporarily affected by restrictions on economic activity. Shipments for hard-disk-drive applications, however, were strong. - FY2021-Q1AdvancedAnnual report
「Rare-earth magnets were temporarily affected by lockdowns caused by COVID-19, which disrupted operations at overseas plants, but operations were gradually ramped up and are now running at full capacity as we work to recover lost ground.」
The disclosure states that, after overseas plant operations were temporarily affected by lockdowns, operations were gradually ramped up and have entered the full-capacity recovery phase. - FY2020ReframedAnnual report
「In the rare-earth magnet business, while leveraging integrated production from raw-material refining through finished products at 2 sites in Japan and Vietnam, we will also review our stable supply system.」
The disclosure continues to state a policy of leveraging the integrated production system established at the Vietnam plant, while also undertaking a review of the stable supply system. - FY2020-Q3RestatedAnnual report
「Rare-earth magnets continued to achieve solid shipments for automotive applications, including hybrid vehicles, but demand for industrial-equipment applications remained slow. Automotive applications also showed signs of slowing from the second half of the fiscal year, although shipments remained solid, led by environmentally friendly vehicles.」
While demand for industrial-equipment applications continued to slow and signs of slowing emerged in automotive applications, the disclosure states that solid shipments were maintained, led by environmentally friendly vehicles. - FY2020-Q2RestatedAnnual report
「Rare-earth magnets continued to achieve solid shipments for automotive applications, including hybrid vehicles, but industrial-equipment and hard-disk-drive applications were affected by slowing demand.」
The disclosure states that solid shipments to automotive applications continued, while industrial-equipment and hard-disk-drive applications were affected by slowing demand. - FY2019AdvancedAnnual report
「By leveraging the Vietnam plant's integrated production from raw-material refining through finished products, we are working to establish a cost-competitive operating structure and improve our stable supply system.」
The disclosure states that the Vietnam plant, previously described as promoting integrated production from refining through sintering, has achieved integrated production from raw-material refining through finished products. - FY2019-Q3RestatedAnnual report
「Rare-earth magnets saw inventory adjustments in some applications from around November last year, but shipments to automotive applications, including hybrid vehicles, remained solid.」
While inventory adjustments were seen in some applications, the disclosure states that solid shipments to automotive applications, including hybrid vehicles, continued. - FY2019-Q2RestatedAnnual report
「Rare-earth magnets achieved solid shipments, led by automotive applications, including hybrid vehicles.」
The disclosure states that solid shipments of rare-earth magnets continued, led by automotive applications, including hybrid vehicles. - FY2019-Q1RestatedAnnual report
「Rare-earth magnets achieved solid shipments across a broad range of fields, led by automotive applications, including hybrid vehicles, and industrial equipment.」
The disclosure states that solid shipments continued across a broad range of fields, led by automotive and industrial-equipment applications. - FY2018RestatedAnnual report
「In the rare-earth magnet business, we are expanding production capacity at the Vietnam plant and promoting integrated production from raw-material refining through sintering to establish a cost-competitive operating structure. We are also pursuing a stable supply of raw materials through in-house recycling and supplier diversification, and will meet growing demand, particularly from the automotive sector.」
The Vietnam plant, which has begun operations, is moving toward higher production capacity. Integrated production from refining through sintering, in-house recycling and supplier diversification are being pursued to secure stable supply and cost competitiveness. - FY2017AdvancedAnnual report
「In the rare-earth magnet business, we are promoting in-house recycling and supplier diversification to secure a stable supply of raw materials. By leveraging the product plant in Vietnam, which has begun operations, we are also optimizing our overseas production sites, establishing a stable supply system and meeting growing domestic and overseas demand, particularly from the automotive sector.」
The disclosure states that the Vietnam product plant, previously described as under construction, has reached the concrete stage of commencing operations. - FY2016First statedAnnual report
「In the rare-earth magnet business, we will continue working to secure a stable supply of raw materials by recycling them in-house and diversifying suppliers. We will also bring the product plant under construction in Vietnam into operation at an early stage, establish a stable supply system and meet growing domestic and overseas demand, particularly from the automotive sector.」
In-house recycling of raw materials, supplier diversification and the Vietnam plant under construction are being used as means of securing a stable supply.