Mitsui Mining and Smelting held a briefing for analysts on the 13th. The content was reportedly viewed favourably, with the company's competitiveness and future prospects for product areas other than copper foil discussed.
Mitsui Mining and Smelting rebounded for the first time in 4 days after the company held a small meeting with analysts for its president on the 13th, which was viewed as a catalyst.
A report dated the 14th from SMBC Nikko Securities said the content of the briefing was favourably received. Amid the recent competitive environment, the company's advantage over Asian competitors has attracted attention, and its competitive edge in HVLP quality was reportedly confirmed.
HVLP4–5 was said to have an advantage over other companies in terms of quality, while HVLP3 was also reported to have regained quality competitiveness. In areas other than copper foil, there were expectations for growth in product lines including all-solid-state batteries, the solution product Iconos and negative thermal expansion materials.