Building new business pillars alongside the 3 existing businesses
First written in FY2017. 9 of 19 entries say "Restated". Latest entry: 2026-10-02.
The whole theme swung hardest in 2025: 2 of 9 companies on the "Worse" side.
6 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「The business involving safety components for EV batteries (NEV) changed from the Technology Development Division to the Ceramics Business Division from the current fiscal year. Although revenue increased from the same period of the previous year following the start of mass production, operating profit declined, mainly due to higher fixed-cost burdens resulting from a sharper-than-expected slowdown in the EV market.」
For NEVs as a new business pillar, the business changed from the Technology Development Division to the Ceramics Business Division, and mass production began. Revenue increased, while operating profit declined due to the fixed-cost burden caused by a sharper-than-expected slowdown in the EV market. - FY2025AdvancedAnnual report
「In the agriculture-related field, one of the new fields outside those described above, the Company is promoting the expansion of the LEAFENERGY business, a plant activator aimed at increasing crop yields. For decarbonization-related product development, it is actively promoting collaboration among industry, government, and academia to shorten development lead times and achieve early implementation in society.」
Regarding new business pillars, the Company is pursuing expansion of the LEAFENERGY business, industry-government-academia collaboration and early implementation of decarbonization-related products, and research and development of plant-based protein alternatives. - FY2023AdvancedAnnual report
「In the agriculture-related field, the Company successfully developed and began selling a plant activator aimed at increasing crop yields (product name: LEAFENERGY).」
Regarding initiatives in new business pillars and new fields alongside the existing 3 businesses, the Company has demonstrated progress toward commercialization through the successful development and launch of sales of the plant activator LEAFENERGY. Research and development of plant-based protein alternatives and other products is also continuing. - FY2022ReframedAnnual report
「Taking into account the relevance of new product development areas to its core businesses, the company has narrowed its target areas to 3, and has been reorganizing its development organization within the Technology Development Headquarters since fiscal 2022.」
Regarding the creation of new business pillars alongside the existing 3 businesses, the Company reorganized the previous framework centered on 4 development centers into 3 new fields, including electronics, NEVs, and GX-related businesses, and shifted to concentrating resources on commercialization. - FY2021-Q2RestatedAnnual report
「Against this backdrop, we launched the five-year medium-term management plan “To The Next Stage 110 Plan” in fiscal 2018, and this fiscal year marks its midpoint. To achieve the plan’s objectives, we are actively investing management resources in growing markets, with human resources development as our foundation, and pursuing initiatives to achieve stable growth by strengthening the competitiveness of existing businesses and expanding new businesses.」
At the midpoint of the plan, the Company has reaffirmed the expansion of new businesses as a growth initiative under the medium-term plan, alongside strengthening the competitiveness of existing businesses. - FY2021-Q1RestatedAnnual report
「To achieve its medium-term management plan, the company is investing management resources proactively in growing markets, with human capital development as its foundation, and advancing initiatives to achieve stable growth by strengthening the competitiveness of existing businesses and expanding new businesses.」
The Company continues to pursue the expansion of new businesses as a growth initiative under the medium-term plan, alongside strengthening the competitiveness of existing businesses. - FY2020AdvancedAnnual report
「In 2017, the Company established 4 development centers and pursued research and development of new products based on its existing core technologies to address social issues and meet customer needs. After 3 years of activities, the direction of development had become sufficiently clear, so the development centers were dissolved as part of a transition at the end of fiscal 2019. The Company established internal projects for plant-based protein products, aimed at addressing future food crises resulting from global population growth, and products for electric vehicles, aimed at addressing environmental and energy issues, and has entered the final stage toward commercialization.」
After 3 years of activities at the 4 development centers, the Company transitioned to 2 internal projects for plant-based protein products and electric-vehicle products and entered the final stage toward commercialization. - FY2020-Q2RestatedAnnual report
「Against this backdrop, based on the five-year medium-term management plan “To The Next Stage 110 Plan,” launched in fiscal 2018, we are actively investing management resources in growing markets, with human resources development as our foundation, and pursuing initiatives to achieve stable growth by strengthening the competitiveness of existing businesses and expanding new businesses.」
The Company continues to pursue the expansion of new businesses as a growth initiative under the medium-term plan, alongside strengthening the competitiveness of existing businesses. - FY2020-Q1RestatedAnnual report
「Against this backdrop, based on the five-year medium-term management plan “To The Next Stage110 Plan,” launched in fiscal 2018, we are actively investing management resources in growing markets, with human resources development as our foundation, and pursuing initiatives to achieve stable growth by strengthening the competitiveness of existing businesses and expanding new businesses.」
The Company continues to pursue the expansion of new businesses as a growth initiative under the medium-term plan, alongside strengthening the competitiveness of existing businesses. - FY2019RaisedAnnual report
「Based on the foundational technologies developed in the Electronics and Ceramics businesses, the Company will consolidate its collective knowledge at development centers for Automotive Functional Products, Future Mobility Products, Advanced Ceramics, and Biomaterials Products, and build new products and businesses that will become a third business pillar. At the same time, it will actively promote open innovation through alliances with other companies, launch an internal venture program, and foster internal entrepreneurs to advance new product development.」
In addition to new product development through the 4 development centers, the Company is expanding the means of building new business pillars to include alliances with other companies, open innovation, an internal venture program, and the development of internal entrepreneurs. - FY2019-Q3RestatedAnnual report
「For new businesses, the Company is pursuing new product development and early commercialization at the 4 development centers established in fiscal 2017.」
The Company continues initiatives for new product development and early commercialization at the 4 development centers established in fiscal 2017. - FY2019-Q2RestatedAnnual report
「For new businesses, the Company is pursuing new product development and early commercialization at the 4 development centers established in fiscal 2017.」
The Company continues initiatives for new product development and early commercialization at the 4 development centers. - FY2019-Q1RestatedAnnual report
「For new businesses, the Company is pursuing new product development and early commercialization at the 4 development centers established in fiscal 2017.」
To expand new businesses under the new medium-term management plan, the Company is pursuing new product development and early commercialization at the 4 development centers established in fiscal 2017. - FY2018-Q3RestatedAnnual report
「The Company is steadily advancing new product development to build new business pillars that will support medium- to long-term growth. Specifically, it established 4 new development centers from the current fiscal year and began initiatives for new product development and early commercialization. It also entered into a capital and business alliance agreement with DENSO CORPORATION dated 27 April 2017 and will accelerate development through joint research and development in next-generation exhaust systems and electrification.」
The Company continues to describe its initiatives involving 4 development centers and joint research and development with DENSO CORPORATION aimed at building new business pillars. - FY2018-Q2RestatedAnnual report
「The Company is steadily advancing new product development to build new business pillars that will support medium- to long-term growth. Specifically, it established 4 new development centers from the current fiscal year and began initiatives for new product development and early commercialization. It also entered into a capital and business alliance agreement with DENSO CORPORATION dated 27 April 2017 and will accelerate development through joint research and development in next-generation exhaust systems and electrification.」
The Company continues to describe its initiatives involving 4 development centers and joint research and development with DENSO CORPORATION aimed at building new business pillars. - FY2018-Q1AdvancedAnnual report
「The Company is steadily advancing new product development to build new business pillars that will support medium- to long-term growth. Specifically, it established 4 new development centers from the current fiscal year and began initiatives for new product development and early commercialization. It also entered into a capital and business alliance agreement with DENSO CORPORATION dated 27 April 2017 and will accelerate development through joint research and development in next-generation exhaust systems and electrification.」
The Company established 4 development centers from the current fiscal year and began initiatives for new product development and early commercialization. Measures to build new business pillars have moved into the implementation stage. - FY2017First statedAnnual report
「To build new business pillars alongside the existing Electronics, Ceramics, and Other businesses for stable growth over the medium to long term, the Company plans to accelerate new product development and early commercialization. From fiscal 2017, it will establish the Automotive Functional Products Development Center, Future Mobility Products Development Center, Advanced Ceramics Development Center, and Biomaterials Development Center, while increasing research and development expenses.」
The Company has explicitly identified, for the first time, the creation of new business pillars alongside the existing Electronics, Ceramics, and Other businesses as a goal for stable medium- to long-term growth.