Development of New Applications Through the Acquisition of Resonac Corporation’s Protective Film Business
First written in FY2025. 4 of 5 entries say "Advanced", first in FY2026-H1. Latest entry: FY2026.
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- FY2026AdvancedAnnual report
「The start of production in the protective film business acquired in the previous consolidated fiscal year raised the utilisation rate of the functional materials segment and improved profitability, contributing to higher revenue and higher earnings.」
The start of production in the acquired protective film business contributed to a higher utilisation rate and improved profitability in functional materials, as well as higher revenue and earnings. Purchase price allocation was also finalised, and provisional goodwill of ¥732 million was revised to ¥483.888 million. - FY2026-H1AdvancedAnnual report
「Under these circumstances, the Company Group focused on the early launch of the protective film business acquired last year and on passing through higher prices, working to secure earnings.」
The Company worked to launch the protective film business acquired in the previous fiscal year at an early stage, and orders for the business contributed to higher revenue in functional materials. The acquired business has progressed to the stage of contributing to results. - FY2025First statedAnnual report
「Regarding the protective film business acquired from Resonac Corporation in November last year, the Company is currently progressing with the transition to its own products. Monetisation remains an issue for the future, but the Company aims to generate synergies with the division's existing businesses through the production technologies acquired from Resonac Corporation and interaction with its business partners.」
On 3 March 2025, the Company acquired from Resonac Corporation, for ¥894.986 million in cash, a surface-protection film business covering semiconductor lead-frame plating protection, automotive applications, sensor applications and deep-drawing applications, among others. The acquisition aims to expand sales channels into industries the Company has not previously entered, in addition to existing fields, and to strengthen product development capabilities. Goodwill of ¥732 million will be amortised equally over 6 years.