Resin Business Initiatives: Overseas Sales, Productivity, Electronic Materials and Foam Materials

「In the foundry materials business, we worked to address customer issues by proposing products suited to diverse manufacturing processes in Japan and overseas, including products used to manufacture castings required for automobiles, construction equipment and other applications that improve customers’ manufacturing quality and productivity and improve working environments by reducing odors. In Japan, sales increased year on year as we promoted the shift to environmentally responsive, high-value-added products. Overseas, sales also increased year on year as we promoted the shift to high-value-added products that meet customer needs in China, India and Mexico.」

「In Japan, sales increased year on year as we promoted the shift to environmentally responsive, high-value-added products. Overseas, sales also increased year on year as we promoted the shift to high-value-added products that meet customer needs in China, India and Mexico. As all resin-coated sand manufactured at our Aichi Plant is being outsourced, expenses and losses arising from equipment related to manufacturing the product were recorded as business structure improvement expenses. These comprised ¥96 million in impairment losses on fixed assets and ¥28 million in inventory write-downs.」

「In foamed materials, we developed spray-applied polyurethane with insulation performance among the highest in the world and began selling it as the new BEXUR product. Sales have continued to grow steadily since then.」

「Overseas automobile production exceeded the previous fiscal year. In response to rising demands for quality improvements, we actively conducted proposal-based sales for each customer, resulting in higher overseas sales than in the same period of the previous year.」

「In foamed materials, we developed spray-applied polyurethane with insulation performance among the highest in the world and began selling it as the new BEXUR product. For civil engineering applications, we completed the development and improvement of AGSR ground consolidant with the aim of reducing the environmental impact of drainage at tunnel excavation sites and began selling it.」

「For foundry material products used to manufacture castings required for automobiles, construction equipment and other applications, we are working to address customer needs by proposing products suited to diverse manufacturing processes in Japan and overseas, including products that improve manufacturing quality and productivity and improve working environments by reducing odors. Domestic automobile sales remained solid, and sales exceeded the previous year. Because foamed material products become finished products through on-site application, we work to provide customers with peace of mind and safety by improving ease of application as well as quality. Spray-applied insulation benefited from strong orders for large properties associated with redevelopment in the Kanto and Kansai regions, while we actively proposed civil engineering materials and construction methods suited to tunnel excavation sites, resulting in sales above the previous year. For electronic materials, we pursue low-metal technology, which is essential for semiconductor devices, and contribute to advances in semiconductors. Although demand for semiconductor devices remained sluggish and customers continued to adjust inventories, conditions appeared to be bottoming out, and sales were slightly above the previous year.」

「For foundry material products used to manufacture castings required for automobiles, construction equipment and other applications, we are working to address customer needs by proposing products suited to diverse casting processes, including products that improve manufacturing quality and productivity and improve working environments by reducing odors. Sales exceeded the previous year as sales activities targeting new customers were pursued actively and sales remained solid with the recovery in automobile production. Because foamed material products become finished products through on-site application, we work to provide customers with peace of mind and safety by improving ease of application as well as post-application quality. For spray-applied insulation, we focused on having our products specified in insulation projects for buildings and condominiums, while for civil engineering materials used in tunnel excavation, we actively proposed products and construction methods suited to the work sites. Sales exceeded the previous year.」

「In Japan, we made proposals aimed at improving customers’ manufacturing quality and reducing odors generated during operations, and conducted sales activities targeting new customers. Overseas, we continued to promote proposals to improve yield and quality in customers’ manufacturing processes, resulting in sales above the previous year.」

「In Japan, we made proposals aimed at improving customers’ manufacturing quality and reducing odors generated during operations, and conducted sales activities targeting new customers. Overseas, we continued to promote proposals to improve yield and quality in customers’ manufacturing processes, resulting in sales above the previous year.」

「In Japan, we made proposals aimed at improving customers’ manufacturing quality and reducing odors generated during operations, and conducted sales activities targeting new customers. Overseas, we continued proposal-based sales to meet customers’ quality requirements. Although automobile production declined, sales were maintained at approximately the previous year’s level.」

「High-performance resins, whose main applications are electronic materials, continued to benefit from solid demand for low-metal products supplied to major domestic photoresist manufacturers responding to semiconductor miniaturization, as well as products for legacy semiconductors. In China, sales increased for LED, printing plate and FPD applications, and sales were well above the previous year.」

「For products for foundry applications, we made proposals in Japan to improve customers’ manufacturing quality and working environments and conducted sales activities targeting new customers. Overseas, we continued to promote proposal-based sales tailored to customers’ quality requirements, resulting in sales above the previous year.」

「For products for foundry applications, we made proposals in Japan to improve customers’ manufacturing quality and conducted sales activities targeting new customers. Overseas, we continued to promote proposal-based sales tailored to customers’ quality requirements, and sales exceeded the previous year.」

「For products for foundry applications, we made proposals in Japan to improve customers’ manufacturing quality and conducted sales activities targeting new customers. Overseas, we continued to promote proposal-based sales tailored to customers’ quality requirements. Sales both in Japan and overseas were well above the previous year, partly due to the recovery in automobile production.」

「For products for foundry applications, we increased new business in Japan through proposals aimed at improving customers’ manufacturing quality and sales activities targeting new customers. Overseas, we strengthened proposal-based sales tailored to customers’ quality requirements.」

「Among foamed materials, spray-applied insulation products using a CFC-free system benefited from our focus on sales activities using a premix system that improved ease of application and application quality, together with spray equipment, resulting in more new customers, and sales exceeded the previous year. High-performance resins, whose main applications are electronic materials, performed well for low-metal products supplied to major domestic photoresist manufacturers responding to semiconductor miniaturization, and sales exceeded the previous year. Overseas, demand in China increased as localization of products for semiconductors and LCD panels progressed, and sales exceeded the previous year.」

「Among foamed materials, spray-applied insulation products using a CFC-free system benefited from our focus on sales activities using a premix system that improved ease of application and application quality, together with spray equipment, resulting in more new customers and higher sales. Demand for high-value-added ground consolidants used in tunnel excavation, which require high consolidation strength and water shutoff performance, also increased, and sales remained solid. Landwick Co., Ltd., which undertakes spray-applied insulation work, also maintained solid construction orders.」

「For our core products for foundry applications, we pursued initiatives including consultative sales in Japan aimed at improving customers’ product quality and capital investment overseas to meet expected future demand. However, sales fell below the previous fiscal year due to sluggish automobile production following the sharp decline in automobile sales caused by the COVID-19 pandemic. Among foamed materials, spray-applied insulation products using a CFC-free system benefited from our focus on sales activities using a premix system that improved ease of application and application quality, together with spray equipment, resulting in more new customers and increased orders. Sales of ground consolidants for tunnel excavation increased as demand continued to grow for high-value-added products requiring high consolidation strength and water shutoff performance. Landwick Co., Ltd., which undertakes spray-applied insulation work, also maintained solid construction orders. High-performance resins, whose main applications are electronic materials, performed well for low-metal products supplied to major domestic photoresist manufacturers responding to semiconductor miniaturization, and sales remained solid. Overseas, demand for products used in small- and medium-sized LCD panels recovered in China and Taiwan.」

「In foamed materials, including products for building applications, business with major contractors, which began in earnest in the second quarter, continued for spray-applied insulation products, supported by their ease of application and the advantages of our spray equipment. Sales of AGSR products used in tunnel excavation also increased, as many work sections had unstable ground and demand grew for high-value-added products requiring high consolidation strength and water shutoff performance. Sales of high-performance resins, whose main applications are electronic materials, remained firm for low-metal products supplied to major domestic photoresist manufacturers responding to semiconductor miniaturization. Overseas, demand in China and Taiwan was on a recovery trend.」

「In foamed materials, including products for building applications, sales of spray-applied insulation products increased after we successfully began doing business with major contractors, leveraging the products’ ease of application and the advantages of our spray equipment. Sales of the AGSR ground consolidant used in tunnel excavation also increased as sales grew for high-value-added products designed for difficult projects requiring high consolidation strength and water shutoff performance. Sales of high-performance resins, whose main applications are electronic materials, continued to benefit from increased demand for low-metal products supplied to major domestic photoresist manufacturers responding to semiconductor miniaturization. Overseas, demand in China remained sluggish, while demand in Taiwan was beginning to recover.」

「Among foamed materials, sales of spray-applied insulation products increased as business with major contractors expanded. Sales of the AGSR ground consolidant used in tunnel excavation also increased due to higher demand arising from the geology of the sites where it is used. High-performance resin products, whose main applications are electronic materials, benefited from increased demand from major domestic photoresist manufacturers.」

「Overseas, Asahi Yukizai Jushi (Nantong) Co., Ltd. in China and Asahi Modi Materials Pvt., Ltd. in India captured strong local demand, and sales exceeded the same period of the previous year. Foamed materials, including products for building materials, continued to post substantial sales growth, as sales of the AGSR® ground consolidant used in tunnel excavation increased due to the resumption of major projects that had been suspended and higher demand arising from the geology of the sites where it is used.」

「The core products for foundry applications remained firm in Japan from the beginning of the period, led by demand from major automotive customers, and sales were well above the previous year. Overseas, Asahi Yukizai Jushi (Nantong) Co., Ltd. in China and Asahi Modi Materials Pvt., Ltd. in India captured strong local demand, and sales exceeded the previous year.」

「Sales of the core products for foundry applications were well above the previous year in Japan, driven by increased demand from the automotive and construction equipment sectors, which are major customers. Overseas, Asahi Yukizai Jushi (Nantong) Co., Ltd. in China and Asahi Modi Materials Pvt., Ltd. in India captured strong local demand and maintained solid sales growth.」

「In foundry materials, we will promote sales growth overseas, including at our Chinese and Indian subsidiaries, and the early launch of our Mexican subsidiary. We will also improve productivity and reduce costs, while implementing sales reforms and strengthening products and services that meet customer needs.」

「The core products for foundry applications remained firm in Japan from the beginning of the period, led by demand from major automotive customers, and sales were well above the previous year. Overseas, Asahi Yukizai Jushi (Nantong) Co., Ltd. in China and Asahi Modi Materials Pvt., Ltd. in India captured strong local demand and increased sales.」

「Sales of core products for molded-product applications remained strong in Japan from the beginning of the period, led by sales to major automotive customers, and revenue substantially exceeded the previous year. Overseas, 旭有機材樹脂(南通)有限公司 in China and アサヒモディマテリアルズPvt.,Ltd. in India also increased sales by capturing strong local demand.」

「Earnings were substantially higher than in the previous year, as overall revenue increased significantly and various cost-reduction measures, including production-efficiency improvements to prepare for surging raw-material prices, contributed to the result. Accordingly, segment revenue was ¥3,599 million, up 25.5% year on year, and operating profit was ¥270 million, compared with an operating loss of ¥69 million in the same period of the previous year.」

「Overseas, sales at 旭有機材樹脂(南通)有限公司 fell below the previous year as competition with local peers intensified amid an economic slowdown in China. In India, however, アサヒモディマテリアルズPvt.,Ltd. substantially increased sales after transitioning to a stable commercial production system.」

「Overseas, 旭有機材樹脂(南通)有限公司 saw sales in China decline as competition with local peers intensified amid an economic slowdown in China, but increased sales volumes to overseas markets by, among other measures, reviewing its production system with Japan.」

「For molded products, we will expand sales overseas, including through our subsidiaries in China and India, by deploying Japanese quality and actively allocating personnel. In addition to improving productivity and reducing costs, we will reform distribution channels and sales operations and strengthen products and services that meet customer needs. For high-performance materials, we will strengthen personnel and production technologies to expand and reinforce electronic materials, differentiate through quality improvements, reduce metal content to ultra-low levels, develop materials for next-generation processes, and actively expand sales channels using our China operations. For foam materials, to expand sales and increase market share in the field of in-situ foaming, we will improve the workability of Zero-Flon ER-X, an environmentally friendly product, establish systems to stabilize construction quality, and actively expand into the civil engineering field, including ground-solidification materials.」