JX Advanced Metals Corporation
Notice Regarding Additional Capital Expenditure for Increased Production of Crystalline Materials (Acquisition of Fixed Assets)
Approximately 20 billion yen additional capital investment to triple InP substrate production capacity by 2030 compared to 2025, with phased operations starting from fiscal 2027.
Key Figures
- Investment Amount: Approximately 20 billion yen (additional capital expenditure)
- Production Capacity: Approximately 3 times the 2025 level by 2030
- Operation Start: Phased operation planned from fiscal 2027
AI要約
Background and Purpose of Capital Investment
JX Nippon Mining & Metals Corporation has decided on additional capital investment aimed at strengthening the production capacity of indium phosphide (InP) substrates, whose demand is rapidly increasing mainly in the optical communications sector. Demand for optical communications is rising due to accelerated construction of hyperscale data centers following the evolution of generative AI, and InP substrates are essential advanced materials used in optical communication transmitter/receiver devices, wearable terminals, industrial image sensors, and other broad fields. This investment not only enhances existing product capabilities but also addresses the growing demand for larger substrate sizes.
Overview of Capital Investment and Future Outlook
The Isohara Plant in Kitaibaraki City, Ibaraki Prefecture, will see an approximately 20 billion yen investment to enhance manufacturing equipment for InP substrates, aiming to increase production capacity about threefold compared to 2025 by 2030. Operations are planned to start in stages from fiscal 2027, with minimal impact expected on consolidated results for the fiscal year ending March 2026. This initiative will strengthen the foundation supporting the advancement and widespread adoption of optoelectronic fusion technologies, establishing a system to meet medium- to long-term demand growth.
