Greetings

President and Representative Director Masayuki Aoyama

Pacific Metals Co., Ltd. (PAMCO) performed business development through Japan’s post-war reconstruction, an oil crisis, the many crises including the East Japan great earthquake disaster since the establishment of business in 1949.

In the more than 70 years since our company’s establishment, we at PAMCO have done our utmost to develop new technologies, launch new products, and implement an effective quality control program with a view to satisfying the needs of the customer. Thanks to these efforts, PAMCO products today are highly rated by their users, with the full range of our products enjoying wide acceptance.

With ferronickel as its main product, PAMCO produces nickel slag products obtained as by-products in the smelting process. Furthermore, as a new line of business, we have developed a system for the efficient recycling of waste, such as ash from waste incineration, based on the smelting technology used in the processing of low-grade nickel ore, thereby contributing to waste recycling in local areas.

For the production of ferronickel, we hold rotary kilns for preliminary reduction and one of the world largest ELKEM-type electric furnaces and we aim promoting efficiency of our smelting technology that we developed originally more and plan stability and improvement of the quality.

In overseas activity, we carry out development business of the mine in the Philippines. In addition, we carry out technological assistance for Indonesia, Philippines and New Caledonia. Furthermore, we establish Philippines office and Jakarta office and wrestle for these development and support activity positively.

A number of PAMCO-affiliated companies have joined us in forming the Pacific Group of companies, including Taiheiyou Kosan Co., Ltd., Pacific Gas Center Co., Ltd., and Pacific Sowa Corporation. Our group companies employ outstanding technologies and have a wealth of experience, both of which have been built up over the years in our capacity as specialized manufacturers.

Pacific Group companies strive to live up to customer expectations by offering finely tuned services that meet customer needs.

PAMCO and other Pacific Group companies continue to address strengthening compliance, enhancing corporate governance, and ensuring the smooth operation of internal control system as important business issues in order to promote continued corporate growth and development together with a medium-to long-term increase in corporate value.

I hope that PAMCO and the Pacific Group will be able to count on your continued support in the years to come.

President and Representative Director Masayuki Aoyama