ENTITY · nagase
Nagase & Co.8012
Japan·photoresists chemicals·niche·$3.0B mkt cap
Chemicals trading house and electronic-materials maker.
CLEAR · 0–39
32/100 illustrative
Underwriting Thesis
CLEAR — Nagase & Co.: criticality to DoD-exposed downstream programs compounded by sole-source / single-point-of-failure dominance in photoresists chemicals. A chokepoint underwriting concern at this tier.
Factor Breakdown
Foreign-Origin Concentration18
Sole-Source Dependence59
Sanctions Exposure0
Downstream Criticality60
Sanctions Exposure
Entity not present on tracked screening lists (CSL).
DoD Exposure
No matched DoD semiconductor awards (USASpending) for this entity.
Segments
photoresists chemicalsdistributors
Shortest paths → DoD-exposed firms
- GlobalFoundries · 1 hop · $1.05BNagase & Co. → GlobalFoundries
- Marvell Technology · 2 hops · $184.3MNagase & Co. → TSMC → Marvell Technology
- Valens Semiconductor · 2 hops · $28.3MNagase & Co. → TSMC → Valens Semiconductor
- Scale AI · 3 hops · $105.6MNagase & Co. → TSMC → NVIDIA → Scale AI
Possible substitutes · same commodity buckets
Chokepoint Relationships
Key Suppliers · upstream · 5
- Texas InstrumentsUnited StatesDOMESTIC
- Analog DevicesUnited StatesDOMESTIC
- STMicroelectronicsSwitzerlandALLIED
- Infineon TechnologiesGermanyALLIED
- NXP SemiconductorsNetherlandsALLIED
Key Customers · downstream · 12
- TSMCTaiwanCHOKEPOINT
- Samsung ElectronicsSouth KoreaALLIED
- IntelUnited StatesDOMESTIC
- SK hynixSouth KoreaALLIED
- Micron TechnologyUnited StatesDOMESTIC
- SMICChinaHostileADVERSARY
- GlobalFoundriesUnited StatesDOMESTIC
- Hon Hai (Foxconn)TaiwanCHOKEPOINT
- Quanta ComputerTaiwanCHOKEPOINT
- WistronTaiwanCHOKEPOINT
- JabilUnited StatesDOMESTIC
- CelesticaCanadaALLIED