Funabashi Electronics Co., Ltd., which possesses outstanding technology in super-deep-drawing of fine materials in the metal-pressing field, became a subsidiary of Advanex on April 1, 2014. By welcoming this company as a subsidiary of Advanex, the Company aims to expand its technological domain.
Drawing is a type of sheet-metal processing. In this process, pressure is applied to a single sheet of metal to form it into a tubular shape. The technology that Funabashi Electronics possesses can squeeze extremely thin materials into pipes.
Normally drawing results in pipes whose length is about three or four times the diameter. Deep drawing can produce pipes with a 10:1 ratio between length and diameter. However, using Funabashi Electronics' deep-drawing technology, it is possible to create pipes with a 30-40:1 ratio between length and diameter.
Moreover, this processing technology belongs to a domain in which Advanex is not currently active. By deploying Funabashi Electronics' drawing technology in Japan and in overseas locations such as China and Thailand, the Company can expect to expand its order book. Advanex also looks forward to achieving Group synergies, through mutual application of each other's casting technologies and machinery and by applying Advanex' strengths in sales and material procurement.

On April 16, 2014, Advanex opened its online shop on Rakuten Global Marketplace, a virtual shopping mall operated by Rakuten Inc., and began selling small packs of precision springs and general-purpose products. The first product lines listed for sale were Advanex’ original Tamont series of 18 spring products and three “oilless dampers.” The Tamont, a product that prevents loosening and detachment of bolts and nuts, has cleared tests using impulse-type vibration testers based on NAS standards.
The oilless dampers are dampers that replace viscous oils with a silicon rubber processed into a special shape. These products boast the outstanding characteristic of operating with excellent stability even in environments of extreme temperatures.
Advanex plans to add gradually to its lineup of products available on Rakuten Global Marketplace.

Advanex opened a sales office in Ho Chi Minh City, Vietnam’s largest city and commercial hub, on December 13, 2014. Earlier the Company had established a plant and a sales office on the outskirts of Hanoi, Vietnam’s northern capital, and had commenced production and sales of precision-spring products for Japanese-affiliated customers in the OA and automotive fields. However, many of Advanex’s customers in Vietnam operate in southern Vietnam. To expand service to those existing customers and attract new customers in the auto-parts field, Advanex decided to open a sales office in Ho Chi Minh City in southern Vietnam. Today, in addition to local staff, the Ho Chi Minh City Sales Office employs one resident Japanese employee.
In FY2014, Advanex (Vietnam) Ltd. earned net sales of ¥510 million, notching growth of 39% from the previous fiscal year. Advanex looks forward to growth at this sales office going forward, focusing on the auto market, and is considering the construction of a precision-spring plant in the suburbs of Ho Chi Minh City.