Maruwa, a Japanese ceramics company with a 200-year history in the industry, has seen increased demand for its heat-dissipating products amidst the AI boom. The company’s shares have doubled over the past year due to its expertise in ceramics and its ability to meet the growing needs of data centers. Data centers are expected to consume significantly more power by 2030, with a large portion dedicated to cooling servers. This demand has put Maruwa in a strong position as it focuses on producing ceramics for circuit boards and semiconductors, which are essential components in high-speed communication data centers.
The company’s success is rooted in its long history, which began in the early 19th century when it manufactured ceramics for Japanese cuisine before transitioning to electronic components in the 1960s. Its knowledge and technology accumulated over centuries have become the core competitiveness of the company, allowing it to thrive in the rapidly evolving data center industry. Goldman Sachs analyst Mitsuhiro Icho highlighted Maruwa’s strong position in the market, backed by its historical expertise in ceramics. With next-generation high-speed communications on the horizon, Maruwa is well-positioned for further growth and success.
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