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ULVAC surges as report says it will produce rare-earth magnet manufacturing equipment domestically

Thu May 7, 2026 10:47 am JST Catalyst

ULVAC,Inc. <6728> continued to rise sharply. The Nikkei newspaper reported on the 2nd that the company will "produce manufacturing equipment for rare-earth magnets domestically." According to the article, ULVAC is reviewing its entire production system in China and will resume production at its headquarters factory in Chigasaki City, Kanagawa Prefecture in the summer of 2026. The move away from China dependence appears to be well received, as calls from mainly Western companies to break away from China dependence have been growing from an economic security perspective.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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