Alconix Corporation is a nonferrous metals company that combines the distribution functions of the Trading Segment handling nonferrous metal products, minor metals and rare earth with a group of manufacturing subsidiaries. Established in 1981, the company was originally the nonferrous metals division of Nissho Iwai Corporation (now Sojitz Corporation; TSE Prime: 2768). It became an independent company following an MBO in 2001, and has grown by pursuing a core business strategy of M&A (acquired 22 companies as of March 2023) while seeking to expand its business.