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Industrial Parts Open Solid Revenue Stream for Japanese Firms

Nippon Chemi-Con Corporation secured about ¥15.1 billion as actual sales of components for industrial equipment in the first half of FY2017. The company plans to post sales of about ¥16.9 billion for this sector in the second half of FY2017. The demand for aluminum electrolytic capacitors for AC servo motors, servo amplifiers, and general-purpose inverters has been brisk. With aluminum electrolytic capacitors, sales of high voltage products and compact and highly reliable products have been strong. Sales increased significantly from the company's initial plan. Moreover, factory production is running at full capacity. On the back of strong demand and the market expansion in the future, the company has been investing in plants and equipment at its plants in Japan and overseas in order to boost its production capacity for large aluminum electrolytic capacitors.

Nichicon Corporation has increased sales of aluminum electrolytic capacitors, film capacitors and switching power supplies for industrial equipment. The demand for snap-in terminal type and chip type aluminum electrolytic capacitors for power supplies for mobile phone base stations and power conditioners for photovoltaic power generation systems in China has increased. In Nichicon Energy Control System Technology (NECST) business for circuits and power supply-applied equipment, the demand for energy storage systems, quick chargers, and distributed power supply systems has increased.

Hokuriku Electric Industry Co., Ltd. secured ¥2.273 billion, an increase of 26 percent on the year, as sales of components for industrial equipment in the first half of FY2017. The company expects comparable growth in the second half of FY2017. Orders for special resistors and module products for industrial automation (IA)-related applications have been increasing, according to the company.

IRISO Electronics Co., Ltd. saw a significant increase in sales of components for the industrial market (including industrial equipment) in the first half of FY2017, posting ¥1.087 billion, an increase of 45.8 percent from the same period of the previous year. With the favorable FA market as a tailwind, sales of connectors for programmable controllers, servo amplifiers and inverters increased significantly.


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