News Release

We hereby announce that TATSUTA Electric Wire and Cable Co., Ltd. (President: Shohei Morimoto; hereinafter referred to as "TATSUTA Electric Wire and Cable"), a wholly owned subsidiary of JX Advanced Metals Corporation (President: Yoichi Hayashi), has acquired all issued shares of UTM Corporation (hereinafter referred to as "UTM"), a company engaged in the manufacturing and sales of medical devices, as of August 27, 2025, making it a wholly owned subsidiary.

　

UTM is a manufacturer of medical devices such as microcatheters and guidewires. It has a broad network and a proven track record of transactions with numerous medical institutions and distributors across Japan. Through rapid development of improved products that reflect the needs of medical settings, UTM differentiates itself in niche and advanced technological fields.

　

TATSUTA Electric Wire and Cable is advancing into the medical device field, where it can apply its core technologies cultivated in wires, cables, and functional materials. The company aims to grow this medical business domain into a new pillar of revenue.

　

With the full acquisition of UTM, Tatsuta Electric Wire and Cable will support UTM's growth by providing its own technology, know-how, and human resources. It will also expand sales channels by leveraging UTM's network and promote the development of new minimally invasive medical devices through collaboration between the two companies. Both companies will focus on intravascular diagnostic and therapeutic devices, fully utilizing synergies to meet societal and customer needs and contributing to improving people's quality of life (QOL).

　

For the JX Advanced Metals Group, the medical device field, which uses many high-performance advanced materials, is  an important market that is expected to grow. Currently, we are actively working to expand sales of products for the medical device field, and we believe that the technical knowledge and business synergies gained through this M&A will contribute to the medium- to long-term growth strategy of the entire JX Advanced Metals Group.

　

Going forward, the JX Advanced Metals Group will continue to promote business activities as a unified group and contribute to societal development and innovation through the proposal and provision of advanced materials.

　

UTM Corporation Overview(As of August 27, 2025)　

Company name	UTM Corporation
Head office	2-16-3 Tsutsujigaoka, Toyohashi City, Aichi Prefecture, 440-0858, Japan
Facility	Nagoya Sales Office (manufacturing site), 3-901 Amakoda, Moriyama-ku, Nagoya City, Aichi Prefecture, 463-0037, Japan
Capital	10 million yen
President & CEO	Keiichiro Hirose
Number of employees	19 (as of the end of March 2025)）
Shareholder composition	TATSUTA Electric Wire and Cable Co., Ltd. - 100%
Business description	Manufacturing and sales of medical devices (microcatheters, guidewires, etc.)