Agreements reached under this partnership
Business alliance- 1
The companies plan to begin considering the expansion of sales channels through both companies’ sales networks for alloys developed by each company that use reduced amounts of tungsten and cobalt, which are critical minerals.
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
The impact of this alliance on the Company’s performance for the fiscal year ending March 2027 will be disclosed in a timely and appropriate manner in accordance with timely disclosure standards, depending on the progress of future discussions regarding the alliance.
| Item | Details |
|---|---|
| Name of alliance partner | DIJET INDUSTRIAL CO.,LTD. |
| Alliance partner's business activities | Manufacture and sale of cemented carbide and cemented carbide tools |
| Alliance partner's location | Hirano Ward, Osaka City, Osaka Prefecture |
| Alliance partner's capital | ¥3.09919 billion |
| Type of alliance | Business alliance |
| Details of the alliance | The companies plan to begin considering the expansion of sales channels through both companies’ sales networks for alloys developed by each company that use reduced amounts of tungsten and cobalt, which are critical minerals. |
| Date of board resolution | 15 May 2026 |
| Alliance start date | The companies plan to begin consideration. Specific date: Not disclosed |
| Impact on Business Performance | The impact of this alliance on the Company’s performance for the fiscal year ending March 2027 will be disclosed in a timely and appropriate manner in accordance with timely disclosure standards, depending on the progress of future discussions regarding the alliance. |
Items this document does not state (14)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The stricter export controls on tungsten are increasing their impact on supply, demand and prices, as well as geopolitical risks, and mitigating these risks is an industry-wide issue. The companies aim to reduce geopolitical risks, expand earnings and enhance each other’s corporate value by leveraging their respective strengths and resources.