- Business
- Nippon Tungsten Co., Ltd. manufactures and sells rare metal products primarily composed of tungsten and molybdenum, as well as fine ceramics and related machine and electrical parts based on powder metallurgical technology. Founded in 1931 and headquartered in Fukuoka, Japan, the company operates through segments including machine parts and electrical parts; its core offerings encompass tungsten wire and rod, tungsten ribbon, SC molybdenum, resistance welding electrodes, electric discharge machining electrodes, electrical contact points and parts such as TD/TCP contacts for starters, NT die cutters, mechanical seal rings and sleeves, cemented carbide including MAZELLOY, engineering ceramics such as NPZ-28 conductive ceramic for press dies, ceramic materials, porous ceramics, heavy alloys, functional inorganic paints, and fine bubble generators for grinding. It also engages in renewable energy power generation, electricity sales, real estate leasing and management, and industrial machinery design and production. The company maintains production facilities in Kiyama, Iizuka, and Umi, Japan, with offices in Tokyo, Kariya, Osaka, and overseas sales promotion; it serves markets in Japan, North America, Europe, China, Asia, and other regions. In recent developments, Nippon Tungsten announced an equity buyback program repurchasing 121 shares and provided consolidated earnings guidance for the six months ending September 30, 2024, and the fiscal year ending March 31, 2025, alongside a second quarter-end dividend for the fiscal year ending March 31, 2026, payable December 5, 2025.