Neomax Company Limited - 6975- Profile

Neomax Company Limited. The Group's principal activity is to manufacture permanent magnets. The operations are carried out through the following divisions: Permanent magnets; Ceramic materials; Special alloys and Other. The Permanent magnets division manufactures high-performance magnets namely ferrite magnets, rare earth magnets and alnico magnets, used in automobiles as well as computers and other electronic products. The Ceramic materials division manufactures ceramic substrates for thin-film magnetic heads for hard disk drives, which in turn play a major role in the development of high-capacity and high-density magnetic storage systems. The Special alloys division manufactures high-precision alloys for semiconductors, color CRTs and other electronic components. Permanent magnets accounted for 75% of fiscal 2006 revenues; special alloys, 15%; ceramic materials, 5% and other, 5%