Installation of a surface treatment line for electronic components accompanying the shift to EVs
First written in FY2021. 6 of 8 entries say "Advanced", first in FY2024-Q2. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「In the surface treatment business operating in Thailand, surface treatment for automotive and HDD applications was generally flat, but demand for EV applications remained firm. Orders received totaled ¥1,483 million, up 8.3% from the previous consolidated fiscal year, and sales totaled ¥1,483 million, also up 8.3%, exceeding the previous fiscal year's levels.」
Demand for EV-related components continued to be captured, and orders received and sales in the surface treatment business rose 8.3% year on year. - FY2025AdvancedAnnual report
「Surface treatment for HDD applications remained weak, while surface treatment for automotive components was generally flat and EV-related components remained firm. Orders received totaled ¥1,369 million, up 10.9% year on year, and sales totaled ¥1,369 million, also up 10.9%, exceeding the previous fiscal year's levels.」
Demand for EV-related components continued to be captured, and orders received and sales in the surface treatment business rose 10.9% year on year. - FY2025-H1AdvancedAnnual report
「In the surface-treatment business operated in Thailand, surface treatment for HDD applications remained flat, while surface treatment for automotive parts was generally sluggish but EV-related parts remained firm. Orders rose above the same period of the previous year to ¥650 million, up 8.9%, and sales also rose 8.9% to ¥650 million. However, due to higher raw-material and fuel prices, the segment posted a loss of ¥24 million, compared with a loss of ¥30 million in the same period of the previous year.」
EV-related components remained firm, and orders received and sales in the surface treatment business rose 8.9% year on year. - FY2024AdvancedAnnual report
「While surface treatment for automotive components was generally flat, demand for EV applications remained firm, and the surface treatment business as a whole exceeded the previous fiscal year's level.」
Demand for EV components remained firm, and orders received and sales in the surface treatment business rose 18.2% year on year. - FY2024-Q3AdvancedAnnual report
「In the surface treatment business operated in Thailand, while surface treatment for HDD applications remained weak, surface treatment for automotive components was generally flat and EV-related components were improving. Orders were ¥914 million, up 15.0%, and sales were ¥914 million, up 15.0%, exceeding the same quarter of the previous year. The segment loss narrowed to ¥4 million, compared with a loss of ¥60 million in the same quarter of the previous year.」
Demand for electronic components associated with the shift to EVs increased as EV-related components strengthened, and orders received and sales in the surface treatment business rose 15.0% year on year. - FY2024-Q2AdvancedAnnual report
「In the surface treatment business operated in Thailand, while surface treatment for HDD applications remained weak, surface treatment for automotive components was generally flat and EV-related components were improving. Orders were ¥597 million, up 10.6%, and sales were ¥597 million, up 10.6%, exceeding the same quarter of the previous year. However, rising raw-material and fuel prices and other factors resulted in a segment loss of ¥30 million, compared with a loss of ¥37 million in the same quarter of the previous year.」
Demand for electronic components associated with the shift to EVs increased as EV-related components strengthened, and orders received and sales in the surface treatment business rose 10.6% year on year. - FY2022RestatedAnnual report
「The surface treatment business operating in Thailand installed a new line targeting electronic components in preparation for declining demand for surface treatment of HDD and automotive components as vehicles shift to EVs, thereby capturing demand for surface treatment of new components.」
The company is reaffirming measures to capture demand through a new line for electronic components associated with the shift to EVs, in preparation for declining demand for HDD and automotive components. - FY2021First statedAnnual report
「The surface treatment business operating in Thailand installed a new line targeting electronic components in preparation for declining demand for surface treatment of HDD and automotive components as vehicles shift to EVs, thereby capturing demand for surface treatment of new components.」
As a response to declining demand for HDD and automotive components, the company installed a new line for electronic components associated with the shift to EVs, identifying measures to capture this changing demand as a standalone theme for the first time.