Strengthening the lithium titanate business
First written in FY2016. 12 of 26 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「Our subsidiary, 株式会社ＴＢＭ, in which we hold a 51% stake, manufactures and sells lithium titanate.」
For TBM, which is responsible for the lithium titanate business, disclosed profit and loss information as a consolidated subsidiary in which we hold a 51% stake: sales of ¥1,331 million, ordinary profit of ¥98 million, and net profit of ¥71 million for the period. - FY2025-H1AdvancedAnnual report
「In the titanium dioxide-related business, shipments of products for lithium-ion secondary batteries and toner external additives increased due to the recovery in demand.」
Shipments of battery-related products increased as demand recovered. - FY2024-Q2WorsenedAnnual report
「In addition, shipments of products for lithium-ion secondary batteries declined due to the semiconductor shortage and other factors.」
Shipments of battery-related products, including lithium titanate, continued to decline due to the semiconductor shortage and other factors. - FY2024-Q1WorsenedAnnual report
「In the titanium oxide-related business, shipments of products for lithium-ion secondary batteries declined due to the semiconductor shortage and other factors.」
Shipments of battery-related products, including lithium titanate, continued to decline due to the semiconductor shortage and other factors. - FY2023WorsenedAnnual report
「Shipments of products for lithium-ion secondary batteries declined due to the impact of the semiconductor shortage and other factors.」
Shipments of battery-related products, including lithium titanate, operated as a joint venture with Toshiba, continued to decline. - FY2023-Q3WorsenedAnnual report
「In the titanium dioxide-related business, demand for products for toner external additives recovered as activity restrictions related to the COVID-19 pandemic were eased, and the company adjusted selling prices in response to soaring prices for major raw materials and fuels. However, shipments of products for lithium-ion secondary batteries declined due to the impact of the semiconductor shortage and other factors.」
Shipments of battery-related products, including lithium titanate, continued to decline due to the semiconductor shortage and other factors. - FY2023-Q2WorsenedAnnual report
「Shipments of products for lithium-ion secondary batteries declined due to the semiconductor shortage and other factors.」
The disclosure changed from the previous description of strong shipments of battery-related products to a statement that shipments had declined due to the semiconductor shortage and other factors. - FY2022RestatedAnnual report
「In the titanium dioxide-related business, shipment volumes increased due to the recovery in demand for products for toner external additives and UV-protection cosmetics amid the recovery in economic activity that had contracted due to the COVID-19 pandemic, as well as strong shipments of products for lithium-ion secondary batteries.」
The full-year disclosure continued to report strong shipments of battery-related products, including lithium titanate. - FY2022-Q3RestatedAnnual report
「In the titanium dioxide-related business, shipment volumes increased due to the recovery in demand for products for toner external additives and UV-protection cosmetics amid the recovery in economic activity that had contracted due to the COVID-19 pandemic, as well as strong shipments of products for lithium-ion secondary batteries.」
The disclosure continued to report strong shipments of battery-related products, including lithium titanate. - FY2022-Q2RestatedAnnual report
「In the titanium dioxide-related business, shipment volumes increased due to strong shipments of products for lithium-ion secondary batteries and the recovery in demand for products for UV-protection cosmetics and toner external additives amid the recovery in economic activity that had contracted due to the COVID-19 pandemic.」
The disclosure continued to report strong shipments of battery-related products, including lithium titanate. - FY2020RestatedAnnual report
「To support the development of this business jointly with Toshiba in response to global market opportunities, we carried out the company split and share transfer and agreed to launch a joint venture with Toshiba.」
The policy of operating the lithium titanate business as a joint venture with Toshiba was confirmed in the full-year report following implementation. - FY2020-Q2AdvancedAnnual report
「In addition, under the company split agreement entered into between us and 株式会社TBM, we carried out the company split, with 30 September 2019 as the effective date, transferring this business from us to 株式会社TBM. Following completion of the company split, under the business succession agreement, we transferred part of the shares of 株式会社TBM held by us to Toshiba on 1 October 2019.」
For the lithium titanate business, the company split involving 株式会社TBM was carried out on 30 September 2019, and the share transfer to Toshiba was also completed on 1 October 2019. Following the transfer, the ownership ratios were 51% for us and 49% for Toshiba. - FY2020-Q1ReframedAnnual report
「We agreed with Toshiba to launch a joint venture, hereinafter referred to as the Joint Venture, for the purpose of jointly pursuing this business. Specifically, under the company split agreement entered into between us and 株式会社TBM, we plan to transfer this business from us to 株式会社TBM, with 30 September 2019 as the scheduled effective date. Following completion of the company split, under the business succession agreement, we plan to transfer part of the shares of 株式会社TBM held by us to Toshiba on 1 October 2019. Following this transfer, we expect to hold 51% of the issued shares of the company, while Toshiba is expected to hold 49%.」
The policy for strengthening the lithium titanate business was restructured from strengthening it as a standalone business to jointly operating it through a company split involving 株式会社TBM and a joint venture with Toshiba. The company split was scheduled for 30 September 2019, followed by the share transfer and launch of the joint venture on 1 October of the same year, with ownership ratios of 51% for us and 49% for Toshiba. - FY2019RestatedAnnual report
「Batteries Reform Profitability improvement Improving profitability through price adjustments and cost-structure reform」
The battery business continues to pursue a policy of improving profitability through price adjustments and cost-structure reform. - FY2019-Q3RestatedAnnual report
「In the functional titanium oxide products business, shipment volume increased substantially due to the adoption of new products for UV-protection cosmetics and toner, as well as strong performance by products for automotive batteries.」
The disclosure continued to report strong performance and increased shipment volume for products for automotive batteries, but indicated no new stage of achievement. - FY2019-Q2RestatedAnnual report
「Shipment volumes of functional titanium dioxide products increased substantially due to factors including the adoption of new products for UV-protection cosmetics and strong performance by products for batteries used in automobiles.」
The disclosure continued to report strong performance and increased shipments of products for automotive batteries, but indicated no new stage of achievement. - FY2019-Q1RestatedAnnual report
「Shipment volumes of functional titanium dioxide products increased substantially due to factors including the adoption of new products for UV-protection cosmetics and strong performance by products for batteries used in automobiles.」
The disclosure stated that products for automotive batteries performed well and shipment volume of functional products increased in the battery business. - FY2018ReframedAnnual report
「Titanium oxide Functional products Batteries Reform Profitability improvement Improving profitability through price adjustments and cost-structure reform」
For the battery business, including lithium titanate, the focus shifted from the previous policy of strengthening the business to improving profitability through price adjustments and cost-structure reform. - FY2018-Q3RestatedAnnual report
「In the new lithium titanate business, shipment volume increased as products for automotive batteries performed well.」
The disclosure reported strong performance and increased shipments of products for automotive batteries, but indicated no new stage of achievement from the previous quarter. - FY2018-Q2RestatedAnnual report
「In the new lithium titanate business, shipment volume increased as products for automotive batteries and other applications performed well.」
Lithium titanate products for automotive batteries and other applications performed well and shipment volume increased, but no new stage of achievement beyond the demand recovery and shipment increase in the previous quarter was indicated. - FY2018-Q1AdvancedAnnual report
「In the new lithium titanate business, shipment volume increased as demand for products for electric vehicles recovered.」
The disclosure reported concrete progress, with demand for electric vehicles, which had been weak in the previous fiscal year, recovering and lithium titanate shipment volume increasing. - FY2017RestatedAnnual report
「In the new lithium titanate business, demand for products for electric vehicles remained weak, resulting in a substantial decline in shipment volume.」
Weak demand for electric vehicles and the substantial decline in shipment volume continued through the full fiscal year. - FY2017-Q3RestatedAnnual report
「In the new lithium titanate business, demand for products for electric vehicles remained weak, resulting in a substantial decline in shipment volume.」
Weak demand for electric vehicles and a substantial decline in shipment volume were again reported from the previous quarter, with no further deterioration indicated. - FY2017-Q2WorsenedAnnual report
「In the new lithium titanate business, demand for electric vehicles remained weak, resulting in a substantial decline in shipment volume.」
Regarding the continuing weakness in demand for electric vehicles from the previous quarter, shipment volume was described as having declined substantially, expressing a greater degree of deterioration. - FY2017-Q1Shipment decline due to weak demandAnnual report
「In the new lithium titanate business, demand for electric vehicles remained weak, resulting in a decline in shipment volume.」
The change was not in the policy of strengthening the lithium titanate business itself; shipment volume declined during the quarter because of weak demand for electric vehicles. - FY2016First statedAnnual report
「Strengthening lithium titanate as a new business」
The disclosure positioned lithium titanate as a new business and stated that shipments for industrial storage batteries increased substantially during the period.