Strengthening the production system for high-performance products and ultra-high-heat-resistant polyimide films

「E & I Technology decided to increase capacity for high-value-added grades of polyimide film, for which substantial demand growth is expected as the use of AI advances.」

「E&I decided to expand capacity for high-value-added polyimide film grades, for which significant demand growth is expected as the use of AI advances.」

「The Company recorded losses associated with the restructuring of the graphite sheet business. The main component was an inventory valuation loss.」

「E & I Technology posted a substantial increase in earnings on strong sales of polyimide film and acrylic resins. Strong demand for smartphones and LCD TVs is expected to support continued high profitability in the second half.」

「Although demand in the smartphone market is gradually recovering, E & I Technology expects a full-scale recovery in polyimide products from the fourth quarter of the fiscal year (1 January 2024 to 31 March 2024) onward. Acrylic resins for large-screen TVs underwent a temporary demand adjustment, while demand for polyimide varnishes for organic EL displays remained firm.」

「Although demand in the smartphone market has begun to recover, the recovery has been slower than expected, delaying the recovery in sales of polyimide products. Demand for acrylic resins for large-screen TVs and polyimide varnishes for organic EL displays has moved off the bottom and remained firm.」

「The recovery of the smartphone market has been slower than expected, resulting in weak sales of polyimide products and delaying the recovery in earnings.」

「E & I Technology’s performance fell below the previous year due to the significant impact of supply-demand adjustments throughout the supply chains for the smartphone and large-screen TV markets. However, the Company decided to increase production capacity for resins for acrylic film by 40% in preparation for future market expansion.」

「E & I Technology’s sales of polyimide film for smartphones, polyimide varnishes for organic EL displays, and resins for acrylic film used in TVs remained strong. As demand for resins for acrylic film is expected to continue expanding, the Company decided to increase production capacity.」

「E & I Technology’s sales of polyimide products for smartphones and organic EL displays, as well as resins for acrylic film used in large-screen TVs, have remained strong.」

「E & I Technology’s sales of polyimide products, including Pixio for smartphones and varnishes for organic EL displays, as well as resins for acrylic film used in large-screen TVs, where demand is growing under the new normal, have remained strong.」

「In the second quarter, demand for smartphones increased, and sales for tablets and notebook PCs benefited from the expansion of remote work amid the COVID-19 pandemic. Pixio shipments reached a record-high level. Sales of 5G products increased, and development of new products is also progressing steadily.」

「For E & I Technology, demand for smartphones increased in the second quarter, and sales for tablets and notebook PCs benefited from the expansion of remote work amid the COVID-19 pandemic. Pixio shipments reached a record-high level. Sales of 5G products increased, and development of new products is also progressing steadily.」

「Sales of E & I Technology’s polyimide film and graphite sheets for smartphones are recovering gradually. The Company is strengthening the development of proprietary products for organic EL displays and 5G applications.」

「E & I Technology’s ultra-heat-resistant polyimide film and ultra-high-thermal-conductivity graphite sheets were strongly affected by the slowdown in the smartphone market. However, sales of unique new products in new markets characterized by continued technological innovation are expanding, including polyimide varnishes and transparent polyimide film for organic EL displays and 5G smartphones, as well as new Pixio products.」

「The main projects are the expansion of electronic materials production equipment at the Company’s Shiga Plant, the expansion of pharmaceutical production capacity at カネカユーロジェンテックS.A., and the expansion of electronic materials production equipment at 栃木カネカ㈱.」

「Demand for E & I Technology’s ultra-heat-resistant polyimide film has increased as smartphones become more advanced, and sales were strong. The market for new polyimide products, including optical applications for displays, is also expanding. The Company decided to increase capacity for ultra-high-thermal-conductivity graphite sheets and the ultra-heat-resistant polyimide film used as their raw material, in response to the sharp demand growth accompanying the development and miniaturization of smartphones, including organic EL displays and wireless charging.」

「The Company decided to substantially increase production capacity for ultra-high-thermal-conductivity graphite sheets and the ultra-heat-resistant polyimide film used as their raw material, for which demand is expected to expand significantly as digital devices become smaller and more advanced.」

「For E & I Technology’s ultra-heat-resistant polyimide film, strengthening the production structure for large-scale demand for new models from major smartphone manufacturers contributed to steady growth in sales.」

「For E & I Technology’s ultra-heat-resistant polyimide film, strengthening the production structure for large-scale demand for new models from major smartphone manufacturers contributed to steady growth in sales of high-performance products (Pixio).」

「Demand for E & I Technology is expanding steadily, with sales volumes of high-performance products such as Pixio increasing. In addition, preparations for the production structure for ultra-heat-resistant polyimide film, which had been delayed, have progressed, improving profitability. From the second quarter onward, large-scale demand, including demand for new models from major smartphone manufacturers with strong order pipelines, will be added. The Company will bring its expanded production equipment fully online and improve profitability.」