DIJET INDUSTRIAL CO.,LTD. [6138.T]
TOKYO, Jun 26 (Pulse News Wire) – Dijet Industrial CO.,LTD. (6138.T) announced today that it has entered into a business alliance with Fuji Dice Co., Ltd.
To promote the development and sales of tungsten and cobalt-reduced alloys. The agreement was approved during a board meeting held , and signed on the same day. The collaboration aims to enhance the recognition of their respective alloys, "Sametal" and "Sasteil," which reduce reliance on tungsten and cobalt. Both companies will leverage their distribution networks to expand market reach and mitigate geopolitical risks while boosting profitability. DIJET and Fuji Dice have been long-standing players in the manufacturing and sale of super-hard tools and molds, facing challenges due to increased costs and supply concerns related to tungsten exports from China since February 2022. Under the partnership, Fuji Dice will distribute DIJET's Sametal alloy either as raw materials or processed products to customers.
Additionally, discussions are underway to explore similar opportunities for Fuji Dice’s Sasteil alloy. The initiative underscores both companies' commitment to sustainable growth and value enhancement through innovative solutions. Fuji Dice, founded in 1949, operates out of Tokyo, Oota Kuka Mariko2-17-10, with a capital of ¥100 million. Key shareholders include CS Planning Co., Ltd. with a holding ratio of 8.99%, and Fuji Dice Shain Mochikabu Kai with 7.54%. The companies reported consolidated net assets of ¥20.65 billion, ¥20.75 billion, and ¥20.45 billion for fiscal years ending March 2024, 2025, and 2026, respectively.
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