The electromagnetic (EM) wave absorption properties with a variation of crystallization annealing temperature have been investigated in a sheet-type absorber using the Fe_73Si_16B_7Nb_3Cu_1 alloy powder. With increasing the annealing temperature the complex permeability (µ_r), permittivity (varepsilon_r) and power absorption changed. The EM wave absorber shows the maximum permeability and permittivity after the annealing at 610°C for 1 hour, and its calculated power absorption is above 80% of input power in the frequency range over 1.5 GHz.