Ulvac, Inc. · TSE:6728
Ulvac — Investor Presentation (April 2026)
26 slides from Ulvac's investor presentation, Apr 7, 2026
Slide 1: ULVAC IR Seminar 2026
ULVAC IR Seminar 2026 April 7, 2026 Agenda Overview of the Rare-earth Magnet-related Business Q&A
Slide 2: Basic Policy and Vision: New Mid-to-Long-Term Management Plan
Basic Policy and Vision: New Mid-to-Long-Term Management Plan ~Value-Up Plan~ Selection and concentration of a business portfolio centered on semiconductors and electronics Mid-to-Long-Term Growth Strategy Financial Targets for FY31/6 Accelerate focus on Semiconductors and Operating Profit ￥79 billi
Slide 3: Rare-earth Magnet-related Business: a New Frontier for Business Expansion
Rare-earth Magnet-related Business: a New Frontier for Business Expansion Expectations for expanded production resulting Industrial equipment orders received (Unit: ¥1 billion) from supply-chain diversification Others(Leak Test Equipment, Freeze-Drying Equipment, … Vacuum Furnace Related to Rare Ear
Slide 4: Capturing the Expanding Market Opportunity in Rare-Earth Magnet–Related Businesses
Capturing the Expanding Market Opportunity in Rare-Earth Magnet–Related Businesses - Business Environment Changes, Current Status, and Growth Outlook - Yoshiki Iso Executive Officer and General Manager of VMS BU
Slide 5: Summary
Summary Market Environment Global structural changes Full-scale New magnet mass- and expanding demand for production lines, mainly in “Near-Shoring” neodymium magnets Europe and the U.S. Decarbonization (xEVs and wind power), AI data The U.S., the EU, and Japan are promoting In the U.S., supported b
Slide 6: Global Industries Shifting to “Magnet Dependence”
Global Industries Shifting to “Magnet Dependence” — Magnets as an Industrial Chokepoint High-performance magnets that are difficult to substitute Simultaneous shutdown of major industries if supply stops The world’s most closely watched supply-chain risk Copyright© 2026, ULVAC, Inc. All rights reser
Slide 7: Global Demand for Neodymium Magnets: approx. 8% CAGR
Global Demand for Neodymium Magnets: approx. 8% CAGR Neodymium Magnets: Estimated Global Demand (base volume: kt/year) Wind Power Others Data centers Generation Industrial robots Wind power CAGR＋6.4％ HVAC Consumer electronics and industrial motors Defense and xEV Accelerated capacity expansion, spac
Slide 8: Supply Chain Diversification
Supply Chain Diversification Current State of the Global Supply Chain for Light Rare Earths Used in Magnets Supply Chain Diversification While the concentration of ore production from mines in China is being resolved, China's share in the separation, refining, and magnet manufacturing processes rema
Slide 9: Multipolarization of National Policies Surrounding Rare-earths
Multipolarization of National Policies Surrounding Rare-earths China: Export Controls and Downstream United States: National Implementation of Patent Lock-in “Mine to Magnet” Tightened export controls to Japan Large-scale public funding led by the Department of Commerce and the Department of Defense
Slide 10: U.S. Expansion Plans for Rare-earth Magnet Production
U.S. Expansion Plans for Rare-earth Magnet Production North Carolina 10,000tons in 2028 Virginia Annual production volume not Oklahoma disclosed 10,000tons in 2029 U.S. Neodymium Magnet Production Expansion Forecast by 2030 South Carolina 2,000tons in 2026 45,000t In US Texas 10,000tons in 2028 +α G
Slide 11: Reasons Why ULVAC is Chosen for Rare-earth Magnets Manufacturing
Reasons Why ULVAC is Chosen for Rare-earth Magnets Manufacturing A Globally Rare Full Lineup of Vacuum Heat Over 70% Global Market Share for 3 Processes Treatment Furnaces One of the few manufacturers worldwide offering a comprehensive Multiple areas with little to no direct competition lineup cover
Slide 12: ULVAC’s History in Magnet Manufacturing
ULVAC’s History in Magnet Manufacturing Growing demand for high- Electrification driving the Rising demand for high- High-growth era efficiency motors performance magnets for importance of mass- Rising demand for high- and carbon neutrality electronic and industrial production systems for rare- qual
Slide 13: Equipment Lineup and Track Record for Rare-Earth Magnet Manufacturing
Equipment Lineup and Track Record for Rare-Earth Magnet Manufacturing Alloying Process Magnet Manufacturing Product Manufacturing Magnetic Field Raw Melting and Hydrogen Fine Sintering GBD Aging Surface Inspection Orientation Machining Magnetization Material Casting Decrepitation Grinding Process Pr
Slide 14: Reasons Why Our Equipment is Chosen
Reasons Why Our Equipment is Chosen We provide a comprehensive lineup of equipment that meets the rigorous demands of magnet manufacturers by delivering high ‘Stable Process Reproducibility’ and ‘Mass-Production-Oriented Structures’, backed by decades of expertise across core processes such as melti
Slide 15: Basic Structure of the Melting Furnace
Basic Structure of the Melting Furnace - “Melting, Cooling, and Strip Formation” Process - Alloying Magnet Manufacturing Product Manufacturing Magnetic Field Raw Melting and Hydrogen Fine Sintering GBD Aging Surface Inspection Orientation Machining Magnetization Material Casting Decrepitation Grindi
Slide 16: Basic Structure of the Melting Furnace
Basic Structure of the Melting Furnace - “Melting, Cooling, and Strip Formation” Process - Alloying Magnet Manufacturing Product Manufacturing Magnetic Field Raw Melting and Hydrogen Fine Sintering GBD Aging Surface Inspection Orientation Machining Magnetization Material Casting Decrepitation Grindi
Slide 17: Basic Structure of the Melting Furnace
Basic Structure of the Melting Furnace - “Melting, Cooling, and Strip Formation” Process - Alloying Magnet Manufacturing Product Manufacturing Magnetic Field Raw Melting and Hydrogen Fine Sintering GBD Aging Surface Orientation Machining Magnetization Inspection Material Casting Decrepitation Grindi
Slide 18: Evolution of Melting Furnaces and Our Strengths
Evolution of Melting Furnaces and Our Strengths Continuous evolution of melting furnace processes over 40 years 1980s 1990s 2000s 2010s-2020s Roller + Collection Cooling Disc Method Roller + Disc Method Roller + Drum Method Container Method Cooling gas nozzle TD Spiral rotary drum, Roller TD Roller
Slide 19: Impact of Cooling Speed and Cooling Uniformity on Magnet Performance
Impact of Cooling Speed and Cooling Uniformity of the Melting Furnace on Magnet Performance The cooling performance of the melting furnace (speed × uniformity) is the most critical factor influencing the results of downstream sintering, GBD, and aging processes. A key strength of our melting furnace
Slide 20: Basic Structure of Continuous Furnaces and Our Strengths
Basic Structure of Continuous Furnaces and Our Strengths Alloying Magnet Manufacturing Product Manufacturing Magnetic Field Raw Melting and Hydrogen Fine Sintering GBD Aging Surface Inspection Orientation Machining Magnetization Material Casting Decrepitation Grinding Process Processing Process Trea
Slide 21: Reasons Why ULVAC’s Vacuum Furnaces are chosen
Reasons Why ULVAC’s Vacuum Furnaces are chosen Batch furnaces are advantageous for low-volume, high-mix Continuous furnaces offer advantages in terms of TCO*, production, but are not optimal for mass production productivity, and quality. Increased electricity costs and TCO Continuous vacuum and cons
Slide 22: Future Expansion of Rare-Earth Magnet–Related Business
Future Expansion of Rare-Earth Magnet–Related Business
Slide 23: Market Structural Shift: Competition Moving to Mass-Production Line Start-Up
Market Structural Shift: Competition is Moving from Equipment to Mass-Production Line Start-Up Established Players (First Movers) New Entrants Manufacturers newly entering the market in regions Manufacturers already operating mass-production lines outside China Position Existing mass-production line
Slide 24: Integrated Engineering = Equipment × Material Handling × Inspection
Future Business Expansion Integrated Engineering = Equipment × Material Handling × Inspection • Our strength lies in our ability to support process establishment and rapid mass production, leveraging our full lineup of core magnet manufacturing processes and years of experience in stabilizing mass p
Slide 25: Integrated engineering provider for magnet mass production technologies
As a leading manufacturer of vacuum furnaces, we strive to be an integrated engineering provider for mass production technologies of magnets
Slide 26: ULVAC
ULVAC