Notice Concerning the Decision to Bolster High-purity Aluminum Nitride Powder Manufacturing Facilities

Tokuyama Corporation

Tokuyama Corporation (hereinafter the "Company" or "Tokuyama") today announced details of its decision to bolster facilities for the manufacture of high-purity aluminum nitride powder.

Tokuyama has positioned the Thermal Management Materials businesses as areas of growth under its Medium-term Management Plan. Market demand for high-purity aluminum nitride powder, a mainstay product of the Thermal Management Materials Business, is projected to expand markedly. Taking this forecast into consideration, the Company will work to expand its business by bolstering manufacturing facilities for the product, thereby addressing the needs of the market.

In this instance, Tokuyama will lift its production capacity for high-purity aluminum nitride powder by 40%.

This plan is in place to construct manufacturing facilities for high-purity aluminum nitride powder within the site of Tokuyama Factory's plant with the start of commercial operations scheduled for April 2020.

Efforts to bolster manufacturing facilities will further upgrade and expand the Company's high-purity aluminum nitride powder supply structure and systems. Moreover, Tokuyama will promote the development of wide-ranging applications while at the same time endeavoring to enhance stable supply.

Contact concerning this release:
Corporate Communications & Investor Relations Dept.
Phone: +81-834-34-2002

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