Kuraray (3405) Investor presentation summary

Business overview and production

• Genestar™ is a heat-resistant polyamide resin (PA9T) developed from a unique monomer, offering high strength, heat resistance, and low water absorption.

• Production sites are located in Japan, Thailand, and the US, with a new facility in Thailand having a Genestar™ capacity of 13,000 t/y.

• The Thailand business is a joint venture with Kuraray (53.3%), GC (33.4%), and Sumitomo Corporation (13.3%).

• Global sales and technical service network spans 13 locations in 10 countries, supporting business continuity and expansion.

Market trends and application areas

• Genestar™ is used in automotive, electrical/electronics, industrial equipment, home appliances, and sports/hobby sectors.

• Automotive applications include connectors, gears, fuel tubes, and thermal management parts, driven by trends in electrification, weight reduction, and stricter regulations.

• In electronics, Genestar™ is valued for high voltage resistance, insulation stability, and suitability for SMT connectors in servers and 5G communications.

• Industrial equipment adoption is increasing due to high voltage resistance and miniaturization needs.

Competitive advantages and growth drivers

• Genestar™ offers superior dimensional stability, high strength, heat resistance, and low water absorption compared to competing resins.

• Its properties enable miniaturization, resinization, and improved safety in automotive and electronic components.

• High voltage resistance (CTI: 600V) supports downsizing and safety in EV and industrial applications.

• Expanding adoption is driven by regulatory changes, electrification, and the need for advanced materials in next-gen vehicles and electronics.