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Trades about 18% below its sector, cheaper than its peers on earnings.
Established in 1951 and based in Tokyo, Japan, Furuya Metal Co., Ltd. is a leading manufacturer and distributor of industrial precious metal products and temperature sensors. The company offers a diverse array of metal-processed items, including iridium components such as crucibles, seed holders, and after heaters. They also specialize in platinum (Pt) equipment, notably Pt alloy and reinforced Pt products engineered for melting optical and LCD glass, alongside various Pt crucibles, evaporation dishes, and boats. Other metal forms provided include mesh, sheets, foils, pipes, and wire. A crucial part of their offering comprises thermocouples, essential for accurate temperature measurement and control in high-temperature industrial processes and furnaces. Furuya Metal also serves as a key supplier of precious metal sputtering targets for applications in magnetic recording media, flat panel displays, semiconductors, and other electronic components. They provide evaporation materials and customized sputtering services for areas like magnetic recording, touch panels, non-volatile semiconductor memory, and various electrical devices. Additionally, they offer specialized patterning and thin film analysis services. Their product portfolio extends to inorganic and organic compounds, SAPd catalysts, and comprehensive precious metal recycling and refining services. Under their IDEX brand, they manufacture vibration testers and parts palletizers, and additionally supply specialized iridium tools for friction stir welding. Furuya Metal's solutions are integral to numerous industries, including information and communication, clean energy, semiconductor manufacturing, environmental technologies, and the broader electronics sector.
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