Our strengths lie in a raw material supply chain that is not excessively dependent on any one country and in the zirconium compound production technologies we have developed over many years. By managing the entire process, from raw material procurement and intermediate production in Vietnam to separation and refining in Japan, we are well positioned in terms of both supply stability and quality control. Our extensive expertise in zirconium, which has properties similar to hafnium, and our ability to utilize existing facilities also provide us with a distinctive competitive advantage. In addition, as a company with extensive experience in zirconium, we are well placed to explore applications for the higher-purity zirconium obtained through the removal of hafnium.