Mipox's IH (Induction Heating) Equipment Selected for 'Energy-Saving Investment Promotion and Demand Structure Reform Subsidy'

Mipox Corporation (Headquarters: Kanuma City, Tochigi Prefecture; President: Jun Watanabe; Securities Code: 5381; hereinafter 'Mipox'), which polishes innovation, has had its IH (Induction Heating) equipment certified as high-performance equipment by the Sustainable Open Innovation Initiative (SII), based on the evaluation criteria of the 'Technical Evaluation Committee for Advanced Energy-Saving Technologies' established by the Agency for Natural Resources and Energy of the Ministry of Economy, Trade and Industry. As a result, customers who introduce this equipment can receive partial cost subsidies.

■ Overview of the Subsidy
This equipment is designed to realize the transition from fossil fuels to electricity in heat treatment processes and pre/post-painting preheating and drying processes. By doing so, we propose environmentally friendly manufacturing processes that achieve energy savings, space savings, and decarbonization.

▼ About the Target Equipment
IH (Induction Heating) Equipment: https://product.mipox.co.jp/products/ihpowder/ME_0006/

▼ Official Website for Energy-Saving Investment Promotion and Demand Structure Reform Subsidy (Sustainable Open Innovation Initiative)
https://sii.or.jp/setsubi07r/
*Investment and business plans spanning multiple fiscal years are also eligible.

■ IH Coil Design and CAE Analysis
Since the ease of electromagnetic wave transmission (temperature) changes depending on the distance between the metal part and the coil, there is a quality issue where thin objects may overheat if thick objects are heated on the same line in a short time. To solve such issues, we design flexible coils (Patent No. 2022-021618) that can heat efficiently according to the target object and conduct CAE analysis. We will continue to contribute to the transition to a sustainable industrial structure and our customers' decarbonization management through the spread of innovative solutions.

■ About Mipox Corporation
Mipox Corporation was founded in 1925 as a subsidiary of a German trading company. Starting with the import and sale of foils and pigments, we established three core technologies—'coating, cutting, and polishing'—sequentially from the 1970s, developing as a precision abrasive manufacturer. Currently, we are expanding our solution business, including precision polishing and functional coating, beyond the development, manufacturing, and sales of abrasives. We respond to the needs of a wide range of industries, from high-tech fields such as semiconductors, hard disks, and optical fibers, to woodworking, furniture, automotive, painting, and metal processing. As a '100-year venture' that polishes innovation, we continue to challenge and evolve.