Notice regarding the development of sales channels for FPC in the U.S. medical device market.

We are pleased to announce that we have developed sales channels for flexible printed circuit boards (FPC) in the U.S. medical device market within our core business of electronic substrates. Traditionally, FPCs have been primarily used in smartphones, digital cameras, and automotive equipment; however, in recent years, we have focused on product development for medical devices, which is one of the growing markets due to changes in the market environment. As a result, the proportion of FPC sales to medical device manufacturers within our group was 12.9% in fiscal year 2021 and 15.7% as of the third quarter of fiscal year 2022, with a trend of increasing orders.
Further details are available in the attached file.
This press release has been featured in the 'Printed Circuit Journal,' the only specialized magazine in the printed circuit board industry, and we would like to inform you of this. (We have received approval for the publication in the magazine.)

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