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Furukawa Techno Material | Company Profile

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Furukawa Techno Material
— A nickel-titanium (shape memory and superelastic alloy) specialist that makes its own alloy from melt to wire and tube

Furukawa Techno Material is an alloy maker based in Hiratsuka, Kanagawa Prefecture, and a wholly owned subsidiary of Furukawa Electric. Its core is nickel-titanium (Ni-Ti, known by the trade name Nitinol) alloy, and, by the company’s own description, its main use is as material for guidewires and stents in minimally invasive medical devices. This profile covers a company that is unlisted and does not publish its sales, working from its official site, Furukawa Electric’s securities report and publications from public bodies such as JST and KISTEC. Financial figures are marked “not disclosed,” and we separate what is known from what is not. We give no medical advice.

Basis: the company’s official site (profile, history, technical notes, R&D, notices), Furukawa Electric’s securities report (filed 24 June 2026) and public materials from JST and KISTEC / Last updated October 2026

What this article covers
  1. Furukawa Techno Material at a glance, and its place in functional materials
  2. Logo and naming
  3. Where the company sits in functional materials
  4. Company scale
  5. Resources committed to functional materials
  6. Track record
  7. Plans
  8. What the company appears to be aiming for
  9. Partnership map
  10. Technologies and products
  11. Risks
  12. Glossary / References / Claim-to-source audit

1. Furukawa Techno Material at a glance, and its place in functional materials

LEGAL NAMEFurukawa Techno Material Co., Ltd.Japanese: Kabushiki Kaisha Furukawa Tekuno Materiaru
HEADQUARTERS AND PLANTHiratsuka, Kanagawa, Japan5-1-8 Higashi-Yawata
LISTING AND PARENTUnlisted
100% subsidiary of Furukawa Electric
Furukawa Electric’s securities report for the year to March 2026
TYPE IN THIS FIELDMaterials & raw-material makersMakes alloy from melt through wire and tube
CENTRAL MATERIAL AND FUNCTIONNickel-titanium alloy
Shape memory and superelasticity
Also copper-nickel and other special metals
FOUNDED AND CAPITALDecember 1958
¥300 million capital
Originally named Furukawa Special Metal Industry
EMPLOYEES220End of FY2025; company figure
SALESNot disclosedNot stated on the company site or in the parent’s report
The one point to grasp first

Furukawa Techno Material makes alloy material (wire and tube), not finished parts Sourced. Guidewires and stents are made by medical-device makers who process the company’s nickel-titanium wire and tube Sourced. The company’s site says that spring forming and centerless grinding are outsourced processing, which suggests a line between supplying the material and making the part. A second feature is narrowing of the business. On 1 April 2026 it moved its fire prevention business to Furukawa Electric Power Systems and became a pure special-metals business Sourced. This profile explains the material and the company; it is not advice about medical procedures or any specific medical device.

2. Logo and naming

A note on naming: the legal name is Furukawa Techno Material Co., Ltd. (abbreviated FTM). Its parent Furukawa Electric, the recipient of its fire prevention business Furukawa Electric Power Systems, and Furukawa Elecom, which sold its fire prevention products, are all separate legal entities. Many group companies carry the Furukawa name, so we keep them distinct.

Official site: https://www.furukawa-ftm.com/

3. Where the company sits in functional materials

Four types of companies in functional materials Same “materials company,” different strengths and customers: raw materials, parts, surfaces, new approaches Materials & raw materials Make the materials MP Materials / Shin-Etsu Croda / Aspen Aerogels Resources and scale Tied to prices and rules Components & devices Turn function into parts Murata / TDK Kyocera / Gentex Design, quality, clients Demand and approvals Coatings & surfaces Add function to surfaces PPG / AkzoNobel and others Formulation and coating Needs per-use approval Startups & new approaches Commercialize new ideas Niron / Metalenz Lumotive / Phononic Own tech, room to grow Scale-up and funding risk Furukawa Techno Material is a materials maker: it melts and draws its own alloys into wire and tube Nickel-titanium (shape memory, superelastic) is the core, mainly material for medical-device makers
Fig. 1 Four types of companies in functional materials, and where Furukawa Techno Material sits. The grouping is ours, and the company names are examples from this series Our calculation. We treat it as a materials maker that supplies alloy wire and tube to parts makers rather than finished parts.

Furukawa Techno Material can be classed as a materials and raw-material maker Our calculation. The company says it has “integrated production from melting to final product size” at Hiratsuka Sourced. Its core is nickel-titanium alloy, but its research also reaches copper-aluminum-manganese (Cu-Al-Mn) superelastic alloy and iron-based superelastic alloy. Our explainer “Shape memory alloys” describes the principles of this field; this company stands on the manufacturing side of the alloy.

4. Company scale

Because the company is unlisted, no sales or profit figures are published. The figures it does publish are below Sourced.

ItemDetailType of source
FoundingDecember 1958, as Furukawa Special Metal Industry Co., Ltd. In June 1992 it took over the fire prevention business from Furukawa Electric and adopted its current nameCompany history
Capital¥300 million (the parent’s securities report also lists ¥300 million)Company profile; securities report
Employees220 (end of FY2025)Company profile
OwnershipFurukawa Electric holds 100.0% of the voting rights. The parent’s report places it in the “Automotive Products and Electronics” group and describes a relationship in which the parent sells its products and supplies some of its raw materialsSecurities report
Sales and profitNot disclosed. We could not find standalone sales or profit in the parent’s report either—
CertificationsISO 9001 (obtained October 2000) and ISO 14001 (obtained October 2003)Company history
A caution

There are no statutory disclosures that would back up the company’s sales or market share. A page of the Kanagawa Institute of Industrial Science and Technology (KISTEC) describes the company as having the top domestic share of the shape memory alloy business, but that is KISTEC’s wording, and no statistic or method is given. We do not adopt the ranking as fact Not yet confirmed. We also use no market-research estimates.

5. Resources committed to functional materials

Type of resourceWhat the sources showStatus
People220 employees (end of FY2025). R&D is carried out by the technology development and R&D sections of the Special Metals Division, which keep publishing joint papers with universities. On 1 April 2025 the company appointed Minoru Nishida, professor emeritus of Kyushu University, as technical advisor (the company calls him a leading researcher on Ni-Ti alloy). The number of researchers is not disclosedSourced
Money (R&D and capital expenditure)Not disclosed. The history records completion of the Second NT plant (April 2019) and the Third NT plant (December 2020), but gives no investment amount or capacityNot disclosed
Investments, acquisitions, joint ventures, disposalsThe parent is Furukawa Electric (100%). On 1 April 2026 the fire prevention business was transferred to Furukawa Electric Power Systems (absorption-type split). We could not find any investment in or acquisition of another company by Furukawa Techno MaterialSourced; investments not confirmed
Universities, research institutes, public fundingThe company took part in JST A-STEP several times as the project-leader company (FY2009-2010, FY2011-2015, October 2019 to January 2021, and October 2021 to March 2026). It joined a KISTEC industry-academia-public collaboration project (April 2020 to March 2023) with the former Tokyo Institute of Technology (now Institute of Science Tokyo). It has joint research and co-authored papers with Tohoku, Kyushu, Nagasaki, Kyoto and Utsunomiya universities, among othersSourced

Status of main products and facilities

ProductPlant / facilityScaleStageDate and source
Nickel-titanium wire (material for guidewires)Main plant at Hiratsuka (melting through drawing)More than 30 million meters a year (2019 actual, company figure). Typical wire diameter 0.25 to 1.0 mmOperatingReference 9 https://www.furukawa-ftm.com/tokusyu/product/%E3%82%AC%E3%82%A4%E3%83%89%E3%83%AF%E3%82%A4%E3%83%A4/
Nickel-titanium tube (for stents)Main plant at HiratsukaOuter diameters of 1 to 8 mm are said to be required; output is not disclosedOperatingReference 10 https://www.furukawa-ftm.com/tokusyu/product/stent/
Second and Third NT plantsHiratsukaCapacity not disclosedCompleted (April 2019; December 2020)Reference 2 https://www.furukawa-ftm.com/company/history.html
Cu-Al-Mn superelastic alloy (for building and seismic members)— (research and demonstration)—Research and demonstration (JST A-STEP, October 2021 to March 2026). Mass production or commercialization as building members could not be confirmedReference 11 https://www.furukawa-ftm.com/tokusyu/research/f/
Fire prevention products——Transferred to Furukawa Electric Power Systems on 1 April 2026; outside the scope of this profileReferences 4, 5 https://www.furukawa-ftm.com/%E9%98%B2%E7%81%BD%E4%BA%8B%E6%A5%AD%E5%90%B8%E5%8F%8E%E5%88%86%E5%89%B2%E3%81%AE%E3%81%8A%E7%9F%A5%E3%82%89%E3%81%9B/ https://www.furukawa-ftm.com/%E5%8F%A4%E6%B2%B3%E3%83%86%E3%82%AF%E3%83%8E%E3%83%9E%E3%83%86%E3%83%AA%E3%82%A2%E3%83%ABweb%E3%82%B5%E3%82%A4%E3%83%88%E9%81%8B%E7%94%A8%E3%81%AE%E3%81%8A%E7%9F%A5%E3%82%89%E3%81%9B/

6. Track record

WhenWhat happenedWhy it matters
December 1958Founded as Furukawa Special Metal Industry (capital ¥25 million). Made copper-nickel wire, constantan wire and similar productsSpecial metals for electrical resistance and temperature measurement were the starting point
December 1981Began producing nickel-titanium alloy, a shape memory and superelastic materialThe origin of today’s core business
June 1992Took over the fire prevention business from Furukawa Electric and adopted its current nameTwo pillars: fire prevention and special metals
May 1999Developed FHP-NT as wire for medical guidewiresA move into medical wire
March 2011Began making copper-based shape memory alloy. By the company’s account, the world’s first product of this kind was an ingrown-nail clip for foot careThe outcome of joint JST A-STEP research with Tohoku University
April 2019, December 2020Second and Third NT plants completedExpansion of nickel-titanium production sites
September 2021Won the Japan Institute of Metals and Materials’ Technology Development Award (44th) for copper-based shape memory alloyRecognition by an outside society
March 2025An employee won the Institute’s Technology Award (66th) (company notice)Same
April and May 2025Published results on atomic arrangement and phase transformation in Cu-Al-Mn shape memory alloy, as joint research with Tohoku, Kyushu and Nagasaki universities and others (Journal of Alloys and Compounds; Acta Materialia)Working out how the material behaves together with universities
1 April 2026Moved the fire prevention business to Furukawa Electric Power Systems and became a pure special-metals businessNarrowing of the business

7. Plans

COMPANY LONG-TERM GOAL2035 Vision“Contribute to health, safety, security and comfort with shape memory alloy, and become a global top company” (company goal)
PARENT’S POLICYCo-creation with medical-device makersTo deepen it using shape memory alloy and optical technology (parent’s report)
TRADE-SHOW SCHEDULEOctober 2026 to September 2027MD&M Midwest, Compamed, MD&M West, Medtec Japan and Medtec China
CU-AL-MN FOR BUILDINGSFrom demonstration toward commercializationThe JST demonstration project ended in March 2026; no commercialization date is given

All of these are goals or schedules of the company or its parent, not achieved results Not yet confirmed. The company’s site lists planned exhibitions: MD&M Midwest in Minneapolis on 28-29 October 2026, Compamed in Düsseldorf on 16-19 November 2026, MD&M West in Anaheim on 9-11 February 2027, Medtec Japan at Tokyo Big Sight on 21-23 April 2027, and Medtec China in Shanghai on 1-3 September 2027 Sourced.

What could not be confirmed

None of the following appears in the primary sources we reviewed Not yet confirmed.

Sales, profit and market share (no statutory disclosure) / production capacity and capital expenditure / customer names / plans for new plants or expansions / when Cu-Al-Mn alloy might be commercialized as building members / the investment amounts for the Second and Third NT plants.

8. What the company appears to be aiming for

This section includes points the company does not state directly. They are inferences from the primary sources, shown with their basis.

What can be readPrimary-source basisStatus
The business axis is narrowing to nickel-titanium material for medical useThe fire prevention transfer left a pure special-metals business. The president’s message calls the company a specialist maker of medical and industrial alloys, and the 2035 Vision names shape memory alloySourced
It is putting effort into differentiating nickel-titanium quality (few inclusions, fatigue behavior)Joint research with a university identified the inclusion phases that tend to start fractures. The company melts its own alloy and sells a low-inclusion wire (F-ELI)Sourced (we make no comparison of superiority)
Cu-Al-Mn is a candidate for the next pillar, aimed at thick members and building uses that nickel-titanium finds difficultThe company says nickel-titanium is poorly workable, hard to use in thick members, and has a transformation stress that depends strongly on temperature, while Cu-Al-Mn is workable with small temperature dependenceInference
University collaboration is meant to strengthen the business baseThe company gave the reason for appointing a Kyushu University professor emeritus as technical advisor in 2025 as strengthening the business base of the shape memory alloy businessSourced
One inference in more detail

The company’s R&D examples page sets out the weakness of nickel-titanium and the strengths of Cu-Al-Mn side by side Sourced. It says that nickel-titanium is poorly workable and hard to use in thick members, and that its transformation critical stress depends strongly on temperature, so use in building and structural members had been considered unrealistic. By contrast, the Cu-Al-Mn alloy (Camaroy) that Tohoku University found from phase-diagram studies is described as workable and with small temperature dependence, and the company worked with the university on single-crystal production and a roll-threading joining method. From this we read an intention to develop building and seismic uses as a second field after medical. However, no product plan or sales outlook is given, and the JST demonstration project ended in March 2026, so this remains an inference Not yet confirmed.

9. Partnership map

Relationships around Furukawa Techno Material Only relationships stated by the company, the parent’s securities report, JST and KISTEC. Customers are undisclosed Furukawa Techno Material Furukawa Electric Parent (100.0% of votes); sells its products Furukawa Electric Power Systems Took over fire prevention (1 Apr 2026) Tohoku Univ. and others Cu-Al-Mn, iron-based alloys (JST) Kyushu and Nagasaki Univ. Phase transformation research KISTEC and Institute of Science Tokyo: Ultra-Nitinol heat treatment Joint research, public funding Business transfer Parent and sales channel (dashed)
Fig. 2 Relationships around Furukawa Techno Material. Sources: the company’s site, Furukawa Electric’s securities report (year to March 2026), and public materials from JST and KISTEC. Only stated relationships are shown. Customers such as medical-device makers could not be confirmed in primary sources and are not shown.

10. Technologies and products

The summary below follows the company’s site (figures are manufacturer’s stated values, under the conditions in each document) Sourced.

AreaWhat the official site says
Nickel-titanium wire (for guidewires)NT-N and NT-E4 (binary Ni-Ti, two types with different yield stress), NT-K (Ni-Ti-Co with higher yield stress), and FHP-NT (described as the company’s own patented product). All are presented as materials for guidewires. Wire diameters of 0.25 to 1.0 mm are typical; more than 30 million meters a year (2019 actual)
Nickel-titanium tube and fine wire (for stents)Tube with an outer diameter of 1 to 8 mm and fine wire down to 0.025 mm. A web-stock service and rush prototyping to specified sizes (the RR service). F-ELI wire is made to a low-inclusion specification; the company says it guarantees inclusion size of 15 μm or less and area ratio of 0.5% or less. Pt-cored wire for better visibility under X-ray (platinum area ratio 10 to 20%, wire diameter down to 0.050 mm). The pages carry statements of ASTM F 2063 conformity (the company’s own statement; we do not describe the content of the standard)
Other medical and industrial usesOrthodontic wire, dental files, electrically driven actuators, shape memory springs, and Co-Cr tube for balloon-expandable stents (the page states ASTM F 90 conformity)
Special metals other than Ni-TiCu-Ni alloy for electrical resistance, Ni-Cr alloy for temperature measurement, and heat-resistant Ni and Ni alloys used in automobiles
Manufacturing and quality systemMelting and casting in a high-frequency vacuum induction furnace (in vacuum because the alloy oxidizes easily), hot rolling, cold drawing and annealing. Inspection uses DSC (differential scanning calorimetry) and BFR (Bending Free Recovery) measurement of the product’s transformation temperature, among others. Spring forming and centerless grinding are outsourced
A materials engineer’s view: “near 50:50” nickel-titanium, and inclusions

According to the company’s technical note, shifting the Ni to Ti ratio slightly around an atomic ratio of 50:50 moves the transformation temperature anywhere from 0 to 100°C Sourced. A material whose Af temperature (where reverse transformation to the parent phase finishes) is at or below room temperature is called a superelastic alloy; its recovery strain is at most 7 to 8%, and the company states that this alloy system is clearly better than other practical shape memory alloys in shape recovery and cycling (the company’s view). Adding Cu, Co, Cr or Fe to tune properties is also mentioned. In other words, a small change in composition becomes a change in transformation temperature, and so in the usable temperature range.

For devices left in the body, repeated deformation from pulsation makes fatigue behavior important. In joint research with universities, the company says it identified nonmetallic inclusion phases that tend to start fractures and showed that removing them improves fatigue behavior. The effect of the carbon-to-oxygen (C/O) ratio on the phase change and stability of inclusions was also published in a peer-reviewed paper (Shape Memory and Superelasticity, 2020). One reason for melting its own alloy, the company writes, is that it can control alloy quality, including these inclusions. This is a report by the company and its co-researchers and is not a comparison with other makers’ products.

Shape-memory alloy wire, forming and temperature-controlled testing are distinguished.
Figure 3. Conceptual image generated with ImageGen. Shape-memory alloy wire, forming and temperature-controlled testing are distinguished. Not an actual company product, factory or measured result.

11. Risks

RiskDetailStatus
Hard to verify from outsideSales, profit, capacity and customers are not published, so there is no way for outsiders to check the size or direction of the businessSourced
Business concentrated on special metalsAfter the fire prevention transfer it is a single business. The company itself writes that it “becomes a pure special-metals business,” so the business now depends on nickel-titanium demandSourced; the size of the effect is an inference
Concentration of sitesThe company says it does integrated production from melting to final size at Hiratsuka. We found nothing indicating that production is spread across sitesInference
Possible dependence on the parent for salesThe securities report describes the parent selling its products. The share of sales is unknownInference
New uses not yet commercializedFor Cu-Al-Mn building members, no product after the JST demonstration project (ended March 2026) could be confirmedSourced (not confirmed)
Quality demands of medical usesThe company writes that devices left in the body require long-term durability, so maintaining quality is a precondition of the business. This profile says nothing about the safety of any individual medical deviceSourced

12. Glossary

Nickel-titanium (Ni-Ti, Nitinol)
An alloy of nickel and titanium in roughly equal proportions. The best-known alloy showing shape memory and superelasticity.
Shape memory effect
The ability to return to the original shape on heating above a certain temperature after being deformed at low temperature.
Superelasticity
The ability to return to the original shape when the load is removed after large deformation. It appears above the Af temperature (where reverse transformation to the parent phase ends).
Martensitic transformation
A phase change in which atoms shift collectively without diffusing, changing the crystal structure. It underlies shape memory and superelasticity.
Cu-Al-Mn alloy
An alloy of copper, aluminum and manganese. A shape memory alloy developed at Tohoku University (Camaroy), said to be easy to work with small temperature dependence.
DSC
Differential scanning calorimetry: a method of finding transformation temperatures from heat released or absorbed on heating and cooling.
Nonmetallic inclusion
A foreign particle, such as an oxide or carbide, contained in a metal. It can become the starting point of a fatigue fracture.
A-STEP
The JST (Japan Science and Technology Agency) program for optimizing and deploying research results, which helps companies turn university findings into businesses.

13. References

  1. Furukawa Techno Material Company profile (founding, capital, employees, headquarters, product areas; in Japanese). https://www.furukawa-ftm.com/company/
  2. Furukawa Techno Material Company history, 1958 to 2020 (plants and products; in Japanese). https://www.furukawa-ftm.com/company/history.html
  3. Furukawa Techno Material President’s message, including the “Furukawa Techno Material 2035 Vision” (in Japanese). https://www.furukawa-ftm.com/company/message.html
  4. Furukawa Techno Material Notice of the absorption-type split of the fire prevention business, dated 9 March 2026 (in Japanese). https://www.furukawa-ftm.com/%E9%98%B2%E7%81%BD%E4%BA%8B%E6%A5%AD%E5%90%B8%E5%8F%8E%E5%88%86%E5%89%B2%E3%81%AE%E3%81%8A%E7%9F%A5%E3%82%89%E3%81%9B/
  5. Furukawa Techno Material Website notice dated 1 April 2026 announcing completion of the fire prevention business transfer (in Japanese). https://www.furukawa-ftm.com/%E5%8F%A4%E6%B2%B3%E3%83%86%E3%82%AF%E3%83%8E%E3%83%9E%E3%83%86%E3%83%AA%E3%82%A2%E3%83%ABweb%E3%82%B5%E3%82%A4%E3%83%88%E9%81%8B%E7%94%A8%E3%81%AE%E3%81%8A%E7%9F%A5%E3%82%89%E3%81%9B/
  6. Furukawa Techno Material Special Metals Division overview: Ni-Ti, Cu-Ni, Ni-Cr and Ni alloys; integrated production from melting to final size at Hiratsuka (in Japanese). https://www.furukawa-ftm.com/tokusyu/business/%E4%BA%8B%E6%A5%AD%E9%83%A8%E7%B4%B9%E4%BB%8B/
  7. Furukawa Techno Material Technical note “What is a shape memory alloy?” (superelasticity, recovery strain, transformation temperature, DSC method; in Japanese). https://www.furukawa-ftm.com/tokusyu/technical/technical/
  8. Furukawa Techno Material Manufacturing process: vacuum melting, hot rolling, cold drawing, annealing, inspection (in Japanese). https://www.furukawa-ftm.com/tokusyu/production/%E8%A3%BD%E9%80%A0%E6%96%B9%E6%B3%95-2/
  9. Furukawa Techno Material Product page, guidewires (NT-N, NT-E4, NT-K, FHP-NT, small-diameter tube; in Japanese). https://www.furukawa-ftm.com/tokusyu/product/%E3%82%AC%E3%82%A4%E3%83%89%E3%83%AF%E3%82%A4%E3%83%A4/
  10. Furukawa Techno Material Product page, stents (Ni-Ti tube and wire, F-ELI, Pt-cored, Co-Cr tube; in Japanese). https://www.furukawa-ftm.com/tokusyu/product/stent/
  11. Furukawa Techno Material R&D page, industry-academia-government collaborative research (JST A-STEP, KISTEC; in Japanese). https://www.furukawa-ftm.com/tokusyu/research/f/
  12. Furukawa Techno Material R&D examples: inclusion control, long single crystals and joining of Cu-Al-Mn superelastic alloy (in Japanese). https://www.furukawa-ftm.com/tokusyu/research/g/
  13. Furukawa Techno Material Press release, “Observation of atomic arrangement and atomic motion in a next-generation shape memory alloy,” 25 April 2025 (in Japanese). https://www.furukawa-ftm.com/tokusyu/2025/04/25/%e6%ac%a1%e4%b8%96%e4%bb%a3%e5%bd%a2%e7%8a%b6%e8%a8%98%e6%86%b6%e5%90%88%e9%87%91%e3%81%ae%e5%8e%9f%e5%ad%90%e9%85%8d%e5%88%97%e3%81%a8%e5%8e%9f%e5%ad%90%e3%81%ae%e5%8b%95%e3%81%8d%e3%81%ae%e8%a6%b3/
  14. Furukawa Techno Material Press release, “Phase transformation mechanism of a next-generation shape memory alloy elucidated,” 16 May 2025 (in Japanese). https://www.furukawa-ftm.com/tokusyu/2025/05/16/%e6%ac%a1%e4%b8%96%e4%bb%a3%e5%bd%a2%e7%8a%b6%e8%a8%98%e6%86%b6%e5%90%88%e9%87%91%e3%81%ae%e7%9b%b8%e5%a4%89%e6%85%8b%e6%a9%9f%e6%a7%8b%e3%82%92%e8%a7%a3%e6%98%8e-%e2%94%80%e3%80%80%e5%bd%a2%e7%8a%b6/
  15. Furukawa Techno Material Notice of the appointment of a technical advisor, 1 April 2025 (in Japanese). https://www.furukawa-ftm.com/%E6%8A%80%E8%A1%93%E9%A1%A7%E5%95%8F%E5%B0%B1%E4%BB%BB%E3%81%AE%E3%81%8A%E7%9F%A5%E3%82%89%E3%81%9B/
  16. Furukawa Techno Material Ni-Ti alloy site: product lines, trade-show schedule and technical documents (in Japanese). https://www.furukawa-ftm.com/tokusyu/
  17. Furukawa Electric Annual securities report for the 204th term (1 April 2025 to 31 March 2026), filed 24 June 2026 (EDINET document no. S100YCF0; in Japanese). Furukawa Techno Material as a consolidated subsidiary (100.0%) and the life-science policy. https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100YCF0.pdf
  18. Japan Science and Technology Agency (JST) Project outcome, “Correcting hallux valgus with a copper-based superelastic alloy” (A-STEP, 2011-2015; in Japanese). https://www.jst.go.jp/seika/bt2019-10.html
  19. Japan Science and Technology Agency (JST) Project outcome, “An iron-based superelastic alloy with no temperature dependence” (A-STEP, 2019-2020; in Japanese). https://www.jst.go.jp/seika/bt2022-07.html
  20. Kanagawa Institute of Industrial Science and Technology (KISTEC) Research result, “Development of a heat-treatment process toward practical use of the ultra-long-life shape memory alloy Ultra-Nitinol,” 10 December 2024 (in Japanese). https://www.kistec.jp/connect/tech_perform/tech_perform_11840/
  21. Furukawa Techno Material Official site top page (news column: awards from the Japan Institute of Metals and Materials in September 2021 and March 2025, change of officers in April 2026; in Japanese). https://www.furukawa-ftm.com/

14. Claim-to-source audit

Claim in the textStatusSource
Legal name, headquarters, founding, capital, 220 employees, product areasSourcedReference 1 https://www.furukawa-ftm.com/company/
Furukawa Electric holds 100.0% of the voting rights; the parent sells its productsSourcedReference 17 https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100YCF0.pdf
History (1958 founding, 1981 start of nickel-titanium, 1992 fire prevention transfer and rename, 1999 FHP-NT, 2011 start of copper-based alloy, NT plants in 2019 and 2020, ISO certifications)SourcedReference 2 https://www.furukawa-ftm.com/company/history.html
2035 Vision and the self-description as a specialist maker of medical and industrial alloysSourced (company goal is not yet confirmed)Reference 3 https://www.furukawa-ftm.com/company/message.html
Absorption-type split of the fire prevention business (notice of 9 March 2026), completion of the transfer on 1 April 2026, and the pure special-metals businessSourcedReferences 4, 5 https://www.furukawa-ftm.com/%E9%98%B2%E7%81%BD%E4%BA%8B%E6%A5%AD%E5%90%B8%E5%8F%8E%E5%88%86%E5%89%B2%E3%81%AE%E3%81%8A%E7%9F%A5%E3%82%89%E3%81%9B/ https://www.furukawa-ftm.com/%E5%8F%A4%E6%B2%B3%E3%83%86%E3%82%AF%E3%83%8E%E3%83%9E%E3%83%86%E3%83%AA%E3%82%A2%E3%83%ABweb%E3%82%B5%E3%82%A4%E3%83%88%E9%81%8B%E7%94%A8%E3%81%AE%E3%81%8A%E7%9F%A5%E3%82%89%E3%81%9B/
Special Metals Division products (Ni-Ti, Cu-Ni, Ni-Cr, Ni alloys) and integrated production at HiratsukaSourcedReference 6 https://www.furukawa-ftm.com/tokusyu/business/%E4%BA%8B%E6%A5%AD%E9%83%A8%E7%B4%B9%E4%BB%8B/
Ni-Ti superelasticity, recovery strain of up to 7 to 8%, transformation temperature of 0 to 100°C, additive elements, DSC methodSourced (manufacturer’s stated values)Reference 7 https://www.furukawa-ftm.com/tokusyu/technical/technical/
Manufacturing process (vacuum melting, hot rolling, cold drawing and annealing, inspection, outsourced processing)SourcedReference 8 https://www.furukawa-ftm.com/tokusyu/production/%E8%A3%BD%E9%80%A0%E6%96%B9%E6%B3%95-2/
Guidewire wire grades, diameters, more than 30 million meters a year (2019 actual)Sourced (manufacturer’s stated values)Reference 9 https://www.furukawa-ftm.com/tokusyu/product/%E3%82%AC%E3%82%A4%E3%83%89%E3%83%AF%E3%82%A4%E3%83%A4/
Stent tube and fine wire, F-ELI, Pt-cored, Co-Cr tube, statements of standards conformitySourced (manufacturer’s stated values)Reference 10 https://www.furukawa-ftm.com/tokusyu/product/stent/
Participation in JST A-STEP and KISTEC (periods, titles, participating bodies)SourcedReferences 11, 18, 19, 20 https://www.furukawa-ftm.com/tokusyu/research/f/ https://www.jst.go.jp/seika/bt2019-10.html https://www.jst.go.jp/seika/bt2022-07.html https://www.kistec.jp/connect/tech_perform/tech_perform_11840/
Research on inclusions and fatigue; long single crystals and roll-threaded joining of Cu-Al-MnSourced (company report)Reference 12 https://www.furukawa-ftm.com/tokusyu/research/g/
Joint research announcements in 2025 on atomic arrangement and phase transformation of Cu-Al-MnSourcedReferences 13, 14 https://www.furukawa-ftm.com/tokusyu/2025/04/25/%e6%ac%a1%e4%b8%96%e4%bb%a3%e5%bd%a2%e7%8a%b6%e8%a8%98%e6%86%b6%e5%90%88%e9%87%91%e3%81%ae%e5%8e%9f%e5%ad%90%e9%85%8d%e5%88%97%e3%81%a8%e5%8e%9f%e5%ad%90%e3%81%ae%e5%8b%95%e3%81%8d%e3%81%ae%e8%a6%b3/ https://www.furukawa-ftm.com/tokusyu/2025/05/16/%e6%ac%a1%e4%b8%96%e4%bb%a3%e5%bd%a2%e7%8a%b6%e8%a8%98%e6%86%b6%e5%90%88%e9%87%91%e3%81%ae%e7%9b%b8%e5%a4%89%e6%85%8b%e6%a9%9f%e6%a7%8b%e3%82%92%e8%a7%a3%e6%98%8e-%e2%94%80%e3%80%80%e5%bd%a2%e7%8a%b6/
Appointment of the technical advisor (1 April 2025)SourcedReference 15 https://www.furukawa-ftm.com/%E6%8A%80%E8%A1%93%E9%A1%A7%E5%95%8F%E5%B0%B1%E4%BB%BB%E3%81%AE%E3%81%8A%E7%9F%A5%E3%82%89%E3%81%9B/
Trade-show schedule and product lines (stents, guidewires, dental and others)Sourced (schedule is not yet confirmed)Reference 16 https://www.furukawa-ftm.com/tokusyu/
Parent’s life-science policy (co-creation with medical-device makers)Sourced (policy is not yet confirmed)Reference 17 https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100YCF0.pdf
Start of sales of the ingrown-nail correction device in 2011; research on iron-based superelastic alloySourcedReferences 18, 19 https://www.jst.go.jp/seika/bt2019-10.html https://www.jst.go.jp/seika/bt2022-07.html
KISTEC’s wording “top domestic share of the shape memory alloy business”Sourced (KISTEC’s wording; no basis is shown)Reference 20 https://www.kistec.jp/connect/tech_perform/tech_perform_11840/
Awards from the Japan Institute of Metals and Materials (September 2021, March 2025)Sourced (company notices)Reference 21 https://www.furukawa-ftm.com/
Classification of Furukawa Techno Material as a materials and raw-material makerOur calculationOur own classification in this article
Sales, profit, market share, capacity, capital expenditure and customer namesNot yet confirmedNot disclosed or not stated; we do not estimate them. Reference 1 https://www.furukawa-ftm.com/company/
Investments in or acquisitions of other companiesNot yet confirmedNot confirmed; we do not assert that none exist. Reference 17 https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100YCF0.pdf
2035 Vision, trade-show schedule, commercialization of Cu-Al-MnNot yet confirmedCompany goals and schedules, not achieved results. References 3, 16 https://www.furukawa-ftm.com/company/message.html https://www.furukawa-ftm.com/tokusyu/
That the business is narrowing to nickel-titanium material for medical useInferenceOur own reading of the fire prevention transfer and the company’s self-description
That Cu-Al-Mn is a candidate for the next pillarInferenceOur own reading of the R&D examples page
Concentration of sites, dependence on the parent for sales, and the effect of becoming a single businessInferenceOur own reading of integrated production at Hiratsuka, the parent’s sales role and the move to a single business

Last updated: 10 October 2026 / Troy Technical
This article rests on the company’s official site, Furukawa Electric’s securities report, and public materials from JST and KISTEC. The company is unlisted and publishes no sales, profit or other financial information. We use no market-research estimates or press-report figures. Product performance values and production figures are the company’s stated values, and no comparison with other makers’ products is made. This article is not advice about medical devices or treatment. Passages marked “Inference” are our own reading of the primary sources and are not statements by the company.

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