Pacific Metals Co., Ltd. (PAMCO) was established as Nisso Steel Co., Ltd. in 1949 and began producing pig iron from iron sand through the electric furnace process, using domestic resources as its raw material. The company later shifted to the manufacture of ferronickel and other ferroalloys and further to the integrated production of stainless steel from the ores of those ferroalloys. Over the years, we have overcome numerous economic crises, from Japan’s post-war reconstruction to Japan’s period of rapid growth, the oil crisis, and the Great East Japan Earthquake, in the advancement of our business.

With our company philosophy of “Leverage the power of people to deliver the earth’s resources in more useful forms and contribute to the happiness of humankind” as our motto, we have made these product transitions to align with the needs of our customers, by developing new products and technologies and implementing an effective quality control program.

Today, with ferronickel, an alloy of iron and nickel, as its main product, PAMCO produces ferronickel slag products obtained as by-products in the smelting process. For the production of ferronickel, we employ a rotary kiln that is over 100 meters long and one of the world’s largest electric furnaces. Leveraging our proprietary smelting technology for extracting metal from low-grade ore, we aim to promote efficiency for the achievement of carbon neutrality.

In overseas activity, we operate a mine development business in the Philippines, and we provide technological assistance to Indonesia, the Philippines and New Caledonia. Further, we have established Philippines Office and Jakarta Office, where we are actively engaging in business development.

A number of PAMCO-affiliated companies have joined us in forming the Pacific Group of companies, including Taiheiyo Kosan Co., Ltd., Pacific Gas Center Co., Ltd., and Pacific Sowa Corporation. Our group companies employ outstanding technologies and the wealth of experience that they have built up over the years in their efforts to live up to customer expectations.

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.

In April 2025, we formulated PAMCOvision 2031, a medium- to long-term strategy designed to respond to the changing business environment and the need for materials to achieve global carbon neutrality. Leveraging the expertise that we have cultivated over the years, including metal smelting from low-grade ore, optimization of large amounts of power consumption by using multiple power sources, plant infrastructure maintenance, and resource recycling from recycled raw materials, we will stride forward to achieve growth as “A comprehensive materials company that co-creates a sustainable, recycling-oriented society” which is our long-term vision.

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