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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. FY 2025(July 1, 2024-Jun 30, 2025) Q3 Financial Result Supplementary Material May ９,２０２５ Furuya Metal Co.,Ltd （Tokyo Stock Exchange Prime Segment 7826)
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. Summary of Q３ Result 1
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. FY2025 Q3 Overview 2 1. Market environment (1) While the information and communications market, the semiconductor market, and the electronics market maintaining the solid demand, the market sentiment turned quite unforeseeable due to change of capital investment plans in these industries as affected by the recent turmoil in the global trading. (2)Iridium price fell as the demand for hydrogen deflated, and ruthenium price rose thanks to strong demand. Yen was depreciated beyond the level set in the budget against the U.S. Dollar. ２．Our performance (1)Revenue in Q3 was 13.9 billion yen (+1.7billion yen YoY) and gross income was 3.4billion yen (▲0.2billion yen YoY). The accumulated revenue for the first nine months of FY2025 was 40.8billion yen (+7.5billion yen YoY) and the gross income was 11.3 billion yen (+1.1billion yen YoY). (2) The thin film segment, where data center investment continues, performed well. In the thermal segment, inventory adjustments continued, but new commercial channels have been launched, which is expected to be a growth driver in the future. In the fine chemical & recycling segment, electrodes business declined from the 2nd quarter following the last-minute demand in the 2nd quarter. Orders have continued stably.
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. FY 2025Q3 Financial Result （Mil yen） Q1 Q2 Q3 Q1-Q3 Q1 Q2 Q3 Q1-Q3 Budget progress ratio YoY QoQ Budget Revenue 10,128 10,996 12,235 33,359 13,900 12,922 13,987 40,808 72.9% +14.3% +22.3% 56,000 Cost of Sales 7,165 7,344 8,589 23,098 10,130 8,820 10,547 29,496 74.5% +22.8% +27.7% 39,600 Gross Income 2,963 3,652 3,645 10,260 3,770 4,102 3,441 11,312 69.0% -5.6% +10.3% 16,400 Gross Income Ratio 29.3% 33.2% 29.8% 30.8% 27.1% 31.7% 24.6% 27.7% - -17.4% -10.1% 29.3% Sales and General administrative expensee 921 1,141 967 3,028 999 1,006 1,026 3,031 68.9% +6.1% +0.1% 4,400 Operating Income 2,042 2,511 2,678 7,232 2,771 3,095 2,416 8,281 69.0% -9.8% +14.5% 12,000 Ordinary Income 2,052 2,253 2,659 6,965 2,364 3,278 2,168 7,809 65.1% -18.5% +12.1% 12,000 Ordinary Income Ratio 20.3% 20.5% 21.7% 20.9% 17.0% 25.4% 15.5% 19.1% - -28.6% -8.6% 21.4% Net Income 1,431 1,554 1,858 4,843 1,627 2,267 1,556 5,450 64.9% -16.3% +12.5% 8,400 FMBI Average Price※1 Iridium(\/g） 21,764 23,687 24,073 23,178 23,268 23,656 22,608 23,177 +11.8% -0.1% +3.2% 20,980※２ FMBI Average Price Rutenium(\/g) 2,283 2,199 2,166 2,216 2,154 2,169 2,443 2,255 +32.4% -1.3% -3.5% 1,631※２ Forex（\/1$） 144.62 147.89 149.60 147.37 149.38 152.43 152.60 151.47 +4.0%※３ +3.0% +3.1% 145.00 FY 2024/6 FY 2025/6 ※1: FMBI (Furuya Metal Bullion for Industry) is the reference price for transactions announced by our company every day ※2: Precious metal prices in the earnings forecast. Assumptions in the Medium-Term Management Plan 2027: Iridium US$4,500/toz, Ruthenium US350/toz ※３： Yen rate ＋：Depreciation ー：Appreciation 3
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. Revenue・Gross Income Transition by Quarter 4 Revenue(JPY Mil） Gross Income(JPY Mil）
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. Overview by Segment（Electronics） 5 ・ Iridium crucible business for scintillator crystals exceeded the original plan and continued to perform well. ・The same for SAW filters are slow to recover, and the orders fell short of the original plan. ・Isolator-related products for optical cables continue to increase. Gross Income(JPY Mil）Revenue(JPY Mil） 0 200 400 600 800 1,000 1,200 0 500 1,000 1,500 2,000 2,500 2022/１Q 2022/２Q 2022/3Q 2022/4Q 2023/1Q 2023/2Q 2023/3Q 2023/4Q 2024/1Q 2024/2Q 2024/3Q 2024/4Q 2025/1Q 2025/2Q 2025/3Q Electronics segment transition Revenue Gross Income （Mil yen） 1Q 2Q ３Q １Q-3Q 1Q 2Q ３Q １Q-3Q Budget Progress ratio QoQ 1st Half YoY Budget Revenue 1,551 1,504 1,576 4,631 1,534 1,846 1,419 4,799 54.5% -10.0% +3.6% 8,800 Gross Income 495 778 464 1,737 705 546 369 1,620 54.0% -20.5% -6.7% 3,000 Gross Income ratio 31.9% 51.7% 29.4% 37.5% 46.0% 29.6% 26.0% 33.8% - -11.6% -9.9% 34.1% FY 2024/6 FY 2025/6
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. 6 Overview by Segment（Thin Film） ・ Ruthenium target materials for HDDs performed well, and the orders remained at a high level. ・Orders for semiconductor target materials, including EUV target materials, and aluminum scandium target materials are also gradually increasing. ・Demand for other target materials such as demand for diodes and vapor deposition materials were also strong. Revenue(JPY Mil） Gross Income(JPY Mil） （Mil yen） 1Q 2Q ３Q 1Q-3Q 1Q 2Q ３Q １Q-3Q Budget Progress ratio QoQ 1st Half YoY Budget Revenue 2,102 1,966 2,203 6,271 2,464 2,875 3,247 8,587 84.2% +47.4% +36.9% 10,200 Gross Income 849 926 634 2,409 813 1,242 1,402 3,457 96.0%+121.1% +43.5% 3,600 Gross Income ratio 40.4% 47.1% 28.8% 38.4% 33.0% 43.2% 43.2% 40.3% - +50.0% +4.9% 35.3% FY 2024/6 FY 2025/6
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. 7 Overview by Segment（Thermal） Gross Income(JPY Mil）Revenue(JPY Mil） （Mil yen） 1Q 2Q ３Q １Q-3Q 1Q 2Q ３Q １Q-３Q Budget Progress ratio QoQ 1st Half YoY Budget Revenue 1,521 1,588 1,196 4,305 1,067 1,254 1,262 3,583 53.5% +5.5% -16.8% 6,700 Gross Income 626 673 406 1,705 331 434 434 1,199 44.4% +6.9% -29.7% 2,700 Gross Income ratio 41.2% 42.4% 33.9% 39.6% 31.0% 34.6% 34.4% 33.5% - +1.5% -15.4% 40.3% FY 2024/6 FY 2025/6 ・Semiconductor manufacturing equipment manufacturers and overseas semiconductor manufacturers continue to adjust their parts inventories. ・Expected to expand by starting new business through the development of new sales channels.
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. 8 Overview by Segment（Fine Chemical & Recycling） ・Sales of electrode compounds declined in the third quarter following the last-minute demand at the end of the second quarter, but orders remained steady. ・OLED compounds are recovering slowly but building up the track record . ・Recovery trend of chemical compounds business for chemical plants remain unchanged. Revenue(JPY Mil） Gross Income(JPY Mil） （Mil yen） 1Q 2Q ３Q １Q-3Q 1Q 2Q ３Q １Q-3Q Budget Progress ratio QoQ 1st Half YoY Budget Revenue 3,223 3,541 6,223 12,987 7,270 6,318 5,417 19,006 69.4% -13.0% +46.3% 27,400 Gross Income 865 1,121 2,069 4,055 1,972 1,791 1,178 4,942 70.6% -4.3% +21.1% 7,000 Gross Income ratio 26.8% 31.7% 33.2% 31.2% 27.1% 28.3% 21.7% 26.0% - -34.6% -16.7% 25.5% FY 2024/6 FY 2025/6
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. 9 Overview by Segment（Supply chain support） ・This segments has been disclosed since the fiscal year ended June 2024 in accordance with the disclosure standards. ・It responds to spot sales of precious metal for its own. Revenue(JPY Mil） Gross Income(JPY Mil） （Mil yen） 1Q 2Q ３Q １Q-3Q 1Q 2Q ３Q １Q-３Q Budget Progress ratio QoQ 1st Half YoY Budget Revenue 1,718 2,310 775 4,803 1,140 409 2,566 4,115 141.9% +231.0%-14.3% 2,900 Gross Income 123 151 39 313 -59 58 29 28 28.0% -25.6% -91.1% 100 Gross Income ratio 7.2% 6.5% 5.0% 6.5% -5.2% 14.2% 1.1% 0.7% - -78.0% -89.2% 3.4% FY 2024/6 FY 2025/6
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. Balance Sheet 10 (Millions of yen) As of June30,2024 As of December31,2024 As of March31,2025 As of June30,2024 As of December31,2024As of March31,2025 Total curent assets 91,428 104,761 101,948 Total liabilities 52,209 66,414 61,764 Cash and deposits 12,300 10,057 10,543 Total current liabilities 44,948 51,516 47,876 6,252 6,612 3,477 Notes and accounts payble-trade 21,792 26,177 18,341 Merchandise and finished goods 3,898 5,370 5,458 Short-term loans payable 12,700 13,700 20,400 Work in process 5,015 4,867 6,677 Current portion of long-term loans payble 3,291 4,801 4,454 Raw materials and supplies 61,301 75,187 73,365 Total non-current liabilities 7,260 14,898 13,888 Total non-current assets 21,293 23,761 23,462 Long-term loans payable 5,300 12,956 11,964 17,213 19,606 19,226 Net worth 60,512 62,109 63,647 Buildings and structures,net 4,218 4,466 4,471 Total shareholdres' equity 60,178 61,804 63,359 Machinery,equipment and vehicles,net 9,525 10,004 9,348 Capital stock 10,662 10,662 10,662 Land 1,960 3,008 3,009 Capital surplus 12,313 12,348 12,348 Total intangible assets 2,014 2,504 2,723 Retained earnings 38,526 40,080 41,635 Total investments and other assets 2,064 1,650 1,511 Total accumulated other comprehensive income 108 91 76 112,721 128,523 125,411 112,721 128,523 125,411Total assets Total liabilities and net worth Accounts receivable and Notes receivable -trade Property,plant and equipment
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. New Chitose Plant Construction Plan 11 Site area：15,061㎡ Total floor area(Plan） about6,300㎡ Total investment amount aboutJPY4,500Mil Completion schedule August,2026
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. Appendix Corporate Profile 12
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. Vision of Furuya Metal Aiming to be the World leader in iridium and ruthenium Contributing to the conservation of global environment through promotion of recycling and technical development of catalysts Furuya Metal developed high quality fabrication technology and gained large market share in iridium and ruthenium products by studying and working these materials in the early stage. Furuya Metal also developed a recycling system to ensure a stable supply of resources. By committing ourselves to stable supply of PGM products, we play a part of development of cutting-edge technology. 13 Appendix
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. Corporate Profile （as of 30,June,2024） Name Furuya Metal Co., Ltd. Address 2-37-5 Minami Otsuka, Toshima, Tokyo, Japan Established August 1968 Capital 10,662 Million Yen Employees 414 (Consolidated basis) Business Manufacturing and sales of industrial use PGM(Ir,Ru,Pt,etc.) such as crucibles, sputtering targets, thermocouple sensors and chemical compounds / catalysts. PGM refining / recycling Plant Tsukuba Plant （ISO9001,ISO14001） Tsuchiura Plant （ISO9001,ISO14001） Chitose Plant （ISO9001,ISO14001） 14 Appendix
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. History 1968.08 Establishment of Furuya Metal Co., Ltd. (Mitaka City, Tokyo) 1975.04 Entry into industrial-use precious metals business 1981.10 Successful development of the first domestically produced iridium crucible 1990.10 Construction of Tsukuba Plant in Shimodate City (present Chikusei City), Ibaraki (fabrication and refining) 1994.08 Started manufacture of thermocouples for the semiconductor industry (temperature measuring instruments for industrial furnaces) 1998.10 2003.05 Establishment of Thin Film Technology Research and Development Center Establishment of workshop B in Tsukuba Plant, and establishment of sputtering target plant 2005.02 Establishment of workshop C in Tsukuba Plant, and establishment of refining process for mass production 2006.09 IPO approval by Jasdaq Securities Exchange, Inc. (Securities Code: 7826) 2007.06. Establishment of workshop D in Tsukuba Plant, and expansion of clean room for manufacturing of thermocouples for semiconductors 2007.12 Construction of Tsuchiura Plant in Tsuchiura City, Ibaraki Prefecture 2008.01 Ruthenium refining line at Tsuchiura Plant started operation 2011.09 Establishment of Furuya Metal Korea Co.,LTD 2012.12 Completed construction of a new building at Tsuchiura Plant, and commenced operation of an iridium refining line. 2013.04 Establishment of Furuya Metal America INC 2014.03 2014 Selected by METI as one of the Global niche top firms 2015.01 Started mass production of catalyst at Tsuchiura Plant 2020.06 Expansion of ruthenium refining and recycling facilities 2020.07 Signed joint-venture contract Furuya Eco-Front Technology with Anglo Platinum Marketing Limited 2021.09 Commencement of mass production of targets at Tsukuba plant 2020 Selected by METI as one of the Global niche top firms 2022.06 2023.12 2024.09 Completion of installation of mass production facility of alloy nanoparticles Listed Tokyo Stock Prime Market Merger Nano・Cube・Japan Appendix 15
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. 1 2 H He 水素 ﾍﾘｳﾑ 3 4 5 6 7 8 9 10 Li Be B C N O F Ne ﾘﾁｳﾑ ﾍﾞﾘｳﾑ ﾎｳ素 炭素 窒素 酸素 ﾌｯ素 ﾈｵﾝ 11 12 13 14 15 16 17 18 Na Mg Al Si P S Cl Ar ﾅﾄﾘｳﾑ ﾏｸﾞﾈｼｳﾑ ｱﾙﾐﾆｳﾑ ｹｲ素 ﾘﾝ 硫黄 塩素 ｱﾙｺﾞﾝ 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 K Ca Sc Ti V Cr Mn Fe Co Ni Cu Zn Ga Ge As Se Br Kr ｶﾘｳﾑ ｶﾙｼｳﾑ ｽｶﾝｼﾞｳﾑ ﾁﾀﾝ ﾊﾞﾅｼﾞｳﾑ ｸﾛﾑ ﾏﾝｶﾞﾝ 鉄 ｺﾊﾞﾙﾄ ﾆｯｹﾙ 銅 亜鉛 ｶﾞﾘｳﾑ ｹﾞﾙﾏﾆｳﾑ ヒ素 ｾﾚﾝ 臭素 ｸﾘﾌﾟﾄﾝ 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 Rb Sr Y Zr Nb Mo Tc Ru Rh Pd Cd In Sn Sb Te I Xe ﾙﾋﾞｼﾞｳﾑ ｽﾄﾘﾝﾁｳﾑ ｲｯﾄﾘｳﾑ ｼﾞﾙｺﾆｳﾑ ﾆｵﾌﾞ ﾓﾘﾌﾞﾃﾞﾝ ﾃｸﾈﾁｳﾑ ﾙﾃﾆｳﾑ ﾛｼﾞｳﾑ ﾊﾟﾗｼﾞｳﾑ 銀 ｶﾄﾞﾐｳﾑ ｲﾝｼﾞｳﾑ ｽｽﾞ ｱﾝﾁﾓﾝ ﾃﾙﾙ ﾖｳ素 ｷｾﾉﾝ 55 56 57～71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 Cs Ba - Hr Ta W Re Os Ir Pt Au Hg Tl Pb Bi Po At Rn ｾｼｳﾑ ﾊﾞﾘｳﾑ ﾗﾝﾀﾉｲﾄﾞ元素 ﾊﾌﾆｳﾑ ﾀﾝﾀﾙ ﾀﾝｸﾞｽﾃﾝ ﾚﾆｳﾑ ｵｽﾐｳﾑ ｲﾘｼﾞｳﾑ ﾌﾟﾗﾁﾅ（白金） 金 水銀 ﾀﾘｳﾑ 鉛 ﾋﾞｽﾏｽ ﾎﾟﾛﾆｳﾑ ｱｽﾀﾁﾝ ﾗﾄﾞﾝ 87 88 89～103 Fr Ra ﾌﾗﾝｼｳﾑ ﾗｼﾞｭｳﾑ 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 La Ce Pr Nd Pm Sm Eu Gd Tb Dy Ho Er Tm Yb Lu ﾗﾝﾀﾝ ｾﾘｳﾑ ﾌﾟﾗｾｵｼﾞﾑ ﾈｵｼﾞﾑ ﾌﾟﾛﾒﾁｳﾑ ｻﾏﾘｳﾑ ﾕｳﾛﾋﾞｳﾑ ｶﾞﾄﾞﾘﾆｳﾑ ﾃﾙﾋﾞｳﾑ ｼﾞｽﾌﾟﾛｼｳﾑ ﾎﾙﾐｳﾑ ｴﾙﾋﾞｳﾑ ﾂﾘｳﾑ ｲｯﾃﾙﾋﾞｳﾑ ﾙﾃﾁｳﾑ ﾗﾝﾀﾉｲﾄﾞ 元素 ｱｸﾁﾉｲド 元素 Ag What is PGM? [Part 1] Wondeful materials that are given an important mission to develop advanced technology ・Found in specific workable deposits, and pure metals with only limited amount from the mines, and/or metals difficult to refining ・Able to introduce new characteristics and functions by making new alloy with other elements. Rare Metal ・Scandium, yttrium, lanthanoid, and others (15 kinds) ・Difficult to separate due their similar chemical properties Rare Earth Appendix 16
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. PGM Atomic number Atomic wt amu Boiling pt ℃ Melting pt ℃ Density t/㎥ Pt Platinum 78 195.090 4,530 1,769 21.4 Pd Palladium 46 106.400 3,980 1,552 12.0 Ru Ruthenium 44 101.070 4,900 2,500 12.2 Rh Rhodium 45 102.905 4,500 1,966 12.4 Ir Iridium 77 192.200 5,300 2,454 22.5 What is PGM? [Part 2] Platinum Group Metal with high scarcity value ◼Ultra heat resistance ◼Chemical stability ◼Superior electrical conductivity Characteristic Feature ◼Electronics ◼Optical Glass ◼Clean Energy ◼Environment Preservation ◼Medical Equipment Application Appendix 17
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© 2018 FURUYA METAL CO., LTD. All Rights Reserved. 445t 31t Ir 8t 180t 2023 World PGM Output 18 ▲ Norilsk Nickel ▲ Anglo Platinum Impala Platinum Sibanye Stillwater 2023 PGM production Pd 204t Rh 22t Ru Pt
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. PGM Prices 19 （JPY/g） 2019/7/1～ 3/31 ¥22,000 Ir Price 2019/7/1～ 3/31 ¥3,100 （JPY/g） Ru Price Appendix 会社概要 Iridium Ruthenium
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. Fabrication Sale Formation from PGM Powder Stable Supply of PGM ◼ Crucibles ◼ Glass fab. Wares ◼ Sensor ◼ Target ◼ Chemical Compound Final products by clients Business Model① – Product Sales CustomerFuruya Metal Margin Margin Raw Materials Products Appendix 20
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. 21 Ruthenium Production & Recycling capacity Ru Iridium Ir Unit：ton 36 43 10 10 Annual production Recycling capacityﾟ Sources：Mining companies and our estimate 2021 Business Model② ～Product Recycling～
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. Contribute to data center 22 ❶ Electronics ❸ Thermal ❷ Thin film Ru target for HDD High-purity refined precious metals Electrodes for production of caustic soda Hydrogen production electrode Tempered platinum for glass production ❺ Chemical compound Iridium crucible for crystal growth Temperature sensor for semiconductor manufacturing equipment Organic EL（fluorescent） ❹ Chemical Recycling Various chemical products Hydrogen Cancer diagnostic equipment Expanding applications from a smartphone, TV to automobiles semiconductor Genuine parts of major manufacturers Expansion of Business Fields Formation of the 5 Pillars 2020 GNT企業100選 2014 GNT企業100選 Optical glass Appendix
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. Electronics segment Iridium crucibles 23 Lithium tantalate Smart phones Artificial Sapphire Scintillator PET for medical use Growing single crystals at a crystal manufacturer ※All of the above images are for illustrative purposes only Iridium crucible A heat-resistant container used when growing single crystals. Single crystals produced using crucibles (such as man-made gemstones) are indispensable for radio wave processing in smartphones and medical devices。 LED SAW filter（Surface acoustic wave device） Surface Acoustic Wave Device Appendix
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. 24 Optical glass, glass for display Platinum Products Glass melting equipment mainly for liquid crystals and optics. Reinforced platinum container (Platinum products) Reinforced platinum agitator (Platinum products) Reinforced platinum container (Platinum product) Heat-resistant brick Glass melting furnace Electronics segment Glassware products Appendix
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. Sputtering Targets This is the process of coating a metal film. It is indispensable in the manufacture of state-of-the-art electronic products. HDD Data Centers Ar + Ar + Ar + 基盤 Target particles Sputtering Targets Ar + Ar (Argon) Gas Ar Gas Target material Backing plate Ar⁺ Ion About Sputtering Thin film segment Targets Semiconductor 25 Appendix
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. センサー Temperature sensors are thermometers that are widely used in various fields, including diffusion furnaces in semiconductor manufacturing. High-precision temperature sensors are required for precise temperature control in the process of processing silicon wafers at high temperatures of 1,000°C or more in diffusion furnaces.。 Silicon wafer quartz Temperature sensor Use of temperature sensor (example)― semiconductor manufacturing process Thermal segment Thermocouples Semiconductor manufacturing pre- processing diffusion furnace 26 Appendix 会社概要
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. 27 Chemical ― Resource Reclamation― Iridium-ruthenium compounds Iridium-ruthenium compounds are widely used as catalysts in various materials. Here is an example of an electrode used to produce caustic soda. Manufacture of electrodes using iridium-ruthenium compounds Electrode Manufacturers Caustic soda manufacturer Used electrodes Production of caustic soda using electrodes Furuya Metal Iridium-ruthenium compounds Recovery & Purification Ir & Ru Compounds shipping electrode Electrode Manufacturers Used electrodes Collect used electrodes and ship them to electrode manufacturers for purification into IrRu compounds Fine Chemicals & Recycling segment Electrodes Business Appendix
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. 28 ケミカル ― 化成品 ― Iridium has the property of emitting light by electricity. Taking advantage of its properties, it is used as a phosphorescent material for OLED displays. In order to be used as a material for OLED, it must be extremely pure. OLED layer independently emitting light creates projecting images. The OLED layer emits light Phosphorescent material (organic EL layer) production Manufacturer of phosphorescent materials (organic EL layer) Furuya Metal Iridium compounds OLED display manufacturer OLED display manufacturing OLED display Appendix Fine Chemicals & Recycling segment Organic EL Business
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. Global Location Chitose Plant - Mainly fabricates quartz for thermocouples - Manufactures protective tubes of thermocouples Target Thermocouples Appendix Furuya Eco-Front Technology （Established in July 2020） FT-eco catalyst Tsukuba Plant PGMs and T/Cs Tsukuba Plant R&D Sputtering, Targets Furuya Metal Americas Incorporated (Started in July 2013) Aerospace, medical, Ir Crucible Thermocouples OLED Tsuchiura Plant Ru/Ir Refining Furuya Metal Korea Co., Ltd. （Established in September 2011） Japan : 2 Sales Branches 1Sales Subsidiaries Overseas :2Sales Subsidiaries 29
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© 2025 FURUYA METAL CO., LTD. All Rights Reserved. This material has been prepared solely for information purposes and should not be construed as providing information for investment decisions or as a solicitation of investment. This material has been prepared based upon information we believed to be reliable, but no representation or warranty, express or implied, is made as to the consistency of future results or events with any estimate, forecast, projection or opinion, and no reliance should be placed on, the fairness, accuracy, completeness or reliability of the contents of this material. We will not be liable for any damage or loss incurred by you arising out of or in connection with this material. Disclaimer Furuya Metal Co., Ltd.(General Affairs & CSR Dept.) TEL : +81-03-5977-3377 E-mail : ir@furuyametals.co.jp Inquiry on this information 30