Uncertainty over Mass-Production Orders for New Materials and Commercialization as Core Businesses
First written in FY2016. 20 of 30 entries say "Restated". Latest entry: FY2024-Q3.
Cluster Technology moved to the "Worse" side of this theme in 2024, 1 year before the typical company in this theme (2025).
The whole theme swung hardest in 2019: 6 of 26 companies on the "Worse" side.
11 other companies' latest entry also says "Materialised".
- FY2024-Q3MaterialisedAnnual report
「For solid encapsulants, including the high-heat-resistant, high-thermal-conductivity, low-temperature-curing "Epocluster® Courier," we have supplied samples to domestic semiconductor device manufacturers, but the products have not yet been adopted, and we recognize that entering this industry is extremely difficult. Going forward, we will focus marketing activities on applications in other fields that make use of the features of our products.」
Despite continuing to supply samples to domestic semiconductor device manufacturers, the Company has not secured adoption, indicating that entering this industry is extremely difficult. Uncertainty over securing mass-production orders for new materials and developing them into a core business has materialized as failure to secure adoption and difficulty entering the industry. - FY2024-Q1RestatedAnnual report
「For solid encapsulants, including the high-heat-resistant, high-thermal-conductivity, low-temperature-curing "Epocluster® Courier," deliveries to some customers are continuing, while we continue to expand applications and develop customers by supplying samples to semiconductor device manufacturers, industrial equipment manufacturers and others.」
Although deliveries to some customers are continuing, the semiconductor and industrial equipment fields remain at the sample-supply stage, leaving uncertainty over mass-production orders and developing the products into a core business. - FY2023RestatedAnnual report
「For solid encapsulants, including the high-heat-resistant, high-thermal-conductivity, low-temperature-curing "Epocluster® Courier," deliveries to some customers are continuing, while we continue to expand applications and develop customers by supplying samples to semiconductor device manufacturers, industrial equipment manufacturers and others.」
Although deliveries have been made to some customers, the semiconductor and industrial equipment fields remain at the sample-supply stage, reaffirming the uncertainty over developing the business into a core business. - FY2023-Q3RestatedAnnual report
「For solid encapsulants, including the high-heat-resistant, high-thermal-conductivity, low-temperature-curing "Epocluster® Courier," we are continuing to develop and promote the business while supplying samples to semiconductor device manufacturers, industrial equipment manufacturers and others.」
The semiconductor and industrial equipment fields remain at the sample-supply stage, reaffirming the previous uncertainty over mass-production orders and developing the products into a core business. - FY2023-Q2RestatedAnnual report
「For solid encapsulants, including the high-heat-resistant, high-thermal-conductivity, low-temperature-curing "Epocluster® Courier," we are continuing to develop and promote the business while supplying samples to semiconductor device manufacturers, industrial equipment manufacturers and others.」
The semiconductor and industrial equipment fields remain at the sample-supply stage, reaffirming the previous uncertainty over mass-production orders and developing the products into a core business. - FY2023-Q1RestatedAnnual report
「For solid encapsulants, including the high-heat-resistant, high-thermal-conductivity, low-temperature-curing "Epocluster® Courier," we are continuing to develop and promote the business while supplying samples to semiconductor device manufacturers, industrial equipment manufacturers and others.」
The semiconductor and industrial equipment fields remain at the sample-supply stage, reaffirming the previous situation concerning uncertainty over mass-production orders and developing the products into a core business. - FY2022RestatedAnnual report
「The Company intends to develop the business related to Epoclastar® Courier, a solid encapsulant offering high heat resistance, high thermal conductivity and low-temperature curing, among other properties, although it is currently unknown whether this will become a core business in the future.」
The Company continues to intend to develop Epoclastar® Courier as a future core business, while its development into a core business remains uncertain. - FY2022-Q3RestatedAnnual report
「For solid encapsulants, including the high-heat-resistant, high-thermal-conductivity, low-temperature-curing "Epocluster® Courier," we are continuing to develop and promote the business while supplying samples to semiconductor device manufacturers, industrial equipment manufacturers and others.」
The semiconductor and industrial equipment fields remain at the sample-supply stage, reaffirming the previous uncertainty over mass-production orders and developing the products into a core business. - FY2022-Q2RestatedAnnual report
「For solid encapsulants, including the high-heat-resistant, high-thermal-conductivity, low-temperature-curing "Epocluster® Courier," we are continuing to develop and promote the business while supplying samples to semiconductor device manufacturers, industrial equipment manufacturers and others.」
The semiconductor and industrial equipment fields remain at the sample-supply stage, reaffirming the previous situation concerning uncertainty over mass-production orders and developing the products into a core business. - FY2022-Q1RestatedAnnual report
「For solid encapsulants, including the high-heat-resistant, high-thermal-conductivity, low-temperature-curing "Epocluster® Courier," we are continuing to develop and promote the business while supplying samples to semiconductor device manufacturers, industrial equipment manufacturers and others.」
The semiconductor and industrial equipment fields remain at the sample-supply stage, reaffirming the previous situation regarding mass-production orders and developing the products into a core business. - FY2021-Q3RestatedAnnual report
「For solid encapsulants, including the high-heat-resistant, high-thermal-conductivity, low-temperature-curing "Epocluster® Courier," we are continuing to develop and promote the business while supplying samples to semiconductor device manufacturers, industrial equipment manufacturers and others.」
The semiconductor and industrial equipment fields remain at the sample-supply stage, reaffirming the previous uncertainty over mass-production orders and developing the products into a core business. - FY2021-Q2RestatedAnnual report
「For solid encapsulants, including the high-heat-resistant, high-thermal-conductivity, low-temperature-curing "Epocluster® Courier," we are continuing to develop and promote the business while supplying samples to semiconductor device manufacturers, industrial equipment manufacturers and others.」
The semiconductor and industrial equipment fields remain at the sample-supply stage, reaffirming the previous situation regarding mass-production orders and developing the products into a core business. - FY2021-Q1RestatedAnnual report
「For solid encapsulants, including the high-heat-resistant, high-thermal-conductivity, low-temperature-curing "Epocluster® Courier," we are continuing to develop and promote the business while supplying samples to semiconductor device manufacturers, industrial equipment manufacturers and others.」
The semiconductor and industrial equipment fields remain at the sample-supply stage, reaffirming the previous situation regarding uncertainty over mass-production orders and developing the products into a core business. - FY2020MitigatedAnnual report
「For the high-heat-resistant, high-thermal-conductivity, low-temperature-curing solid encapsulant "Epocluster® Courier," we are continuing to develop and promote the business while supplying samples to semiconductor device manufacturers, industrial equipment manufacturers and others. Products in the leisure-related field have moved into mass production and are contributing to sales.」
Although the semiconductor and industrial equipment fields remain at the sample-supply stage, the Company has confirmed the transition to mass production and contribution to sales in the leisure-related field, partially reducing uncertainty over commercialization. - FY2020-Q3RestatedAnnual report
「For solid encapsulants, including the high-heat-resistant, high-thermal-conductivity, low-temperature-curing "Epocluster® Courier," we are continuing to develop and promote the business while supplying samples to semiconductor device manufacturers, industrial equipment manufacturers and others. In the leisure-related field, production is progressing toward mass production.」
While the semiconductor and industrial equipment fields remain at the sample-supply stage, the Company has reaffirmed progress toward mass production in the leisure-related field. - FY2020-Q2RestatedAnnual report
「For solid encapsulants, including the high-heat-resistant, high-thermal-conductivity, low-temperature-curing "Epocluster® Courier," we are continuing to develop and promote the business while supplying samples to semiconductor device manufacturers, industrial equipment manufacturers and others. In the leisure-related field, production is progressing toward mass production.」
While the semiconductor and industrial equipment fields remain at the sample-supply stage, the Company has reaffirmed progress toward mass production in the leisure-related field. - FY2020-Q1RestatedAnnual report
「For solid encapsulants, including the high-heat-resistant, high-thermal-conductivity, low-temperature-curing "Epocluster® Courier," we are continuing to develop and promote the business while supplying samples to semiconductor device manufacturers, industrial equipment manufacturers and others. In the leisure-related field, mass production is progressing smoothly.」
While the semiconductor and industrial equipment fields remain at the sample-supply stage, the Company has reaffirmed that mass production is progressing steadily in the leisure-related field. - FY2019MitigatedAnnual report
「Epoclastar® Courier, a solid encapsulant offering high heat resistance, high thermal conductivity and low-temperature curing, among other properties, has moved to mass production in the leisure-related field and is contributing to sales. We will continue developing and promoting the business while supplying samples to semiconductor device manufacturers, industrial equipment manufacturers and other customers.」
While sample supplies to the semiconductor and industrial equipment fields are continuing, products in the leisure-related field have moved to mass production and begun contributing to sales, partially reducing uncertainty over commercialization. - FY2019-Q3RestatedAnnual report
「For solid encapsulants, including the high-heat-resistant, high-thermal-conductivity, low-temperature-curing "Epocluster® Courier," we are continuing to develop and promote the business while supplying samples to semiconductor device manufacturers, industrial equipment manufacturers and others. In the leisure-related field, some products have moved into mass production.」
While sample supplies to the semiconductor and industrial equipment fields remain at the sample-supply stage, some products in the leisure-related field have moved to mass production, reaffirming the status of commercialization since the previous quarter. - FY2019-Q2MitigatedAnnual report
「For solid encapsulants, including the high-heat-resistant, high-thermal-conductivity, low-temperature-curing "Epocluster® Courier," we are continuing to develop and promote the business while supplying samples to semiconductor device manufacturers, industrial equipment manufacturers and others. In the leisure-related field, some products have moved into mass production.」
Although the sample-supply stage is continuing, some products have moved to mass production in the leisure-related field, partially reducing uncertainty over mass-production orders and commercialization. - FY2019-Q1MitigatedAnnual report
「For solid encapsulants, including the high-heat-resistant, high-thermal-conductivity, low-temperature-curing "Epocluster® Courier," we are continuing to develop and promote the business while supplying samples to semiconductor device manufacturers, industrial equipment manufacturers and others. In the leisure-related field, the products are beginning to be adopted in mass-produced products.」
Although the sample-supply stage is continuing, some products have progressed to mass production in the leisure-related field, partially reducing uncertainty over mass-production orders and commercialization of Epoclastar® Courier. - FY2018MaterialisedAnnual report
「The Company intends to continue operating its nanotechnology and microtechnology-related business, which provides Pulse Injector®-related products and functional precision-molded products. Within this business, it also intends to develop the business related to Epoclastar® Courier, a solid encapsulant offering high heat resistance, high thermal conductivity and low-temperature curing, among other properties, although it is currently unknown whether this will become a core business in the future. The Company determined that it would be difficult to commercialize white materials for LEDs.」
Whether Epoclastar® Courier will become a core business in the future remains unknown, and the Company has determined that commercializing white materials for LEDs would be difficult. Uncertainty over securing mass-production orders for new materials and developing them into a core business has crystallized into specific judgments. - FY2018-Q3RestatedAnnual report
「For "white material for LEDs," technical issues are taking time to resolve, and we are assessing the viability of continuing the business from both the market positioning of the product under development, meaning its competitiveness in the market, and the timing of resolving the issues.」
The Company continues to describe the prolonged resolution of technical issues and the assessment of business viability for white materials for LEDs, reaffirming the uncertainty over mass-production orders and developing the materials into a core business. - FY2018-Q2RestatedAnnual report
「For "white material for LEDs," technical issues are taking time to resolve, and we are assessing the viability of continuing the business from both the market positioning of the product under development, meaning its competitiveness in the market, and the timing of resolving the issues.」
The Company continues to describe the prolonged resolution of technical issues and the assessment of business viability for white materials for LEDs, reaffirming the uncertainty over mass-production orders and developing the materials into a core business. - FY2018-Q1RestatedAnnual report
「For "white material for LEDs," technical issues are taking time to resolve, and we are assessing the viability of continuing the business from both the market positioning of the product under development, meaning its competitiveness in the market, and the timing of resolving the issues.」
The Company continues to describe the prolonged resolution of technical issues and the assessment of business viability for white materials for LEDs, reaffirming the uncertainty surrounding commercialization. - FY2017WorsenedAnnual report
「For the high-thermal-conductivity insulating material, no specific orders have been secured, and we are continuing to develop and promote the business while supplying samples to semiconductor device manufacturers and industrial equipment manufacturers. For "white material for LEDs," technical issues are taking time to resolve, and we are assessing the viability of continuing the business from both the market positioning of the product under development, meaning its competitiveness in the market, and the timing of resolving the issues.」
In addition to the failure to secure specific orders, the Company described a prolonged process for resolving technical issues and assessing the viability of the business for white materials for LEDs, heightening uncertainty over developing the new materials into a core business. - FY2017-Q3WorsenedAnnual report
「For white materials for LEDs, we are pursuing a breakthrough in response to customers' increasingly demanding brightness requirements, while also making improvements to enhance productivity. However, the technology has not yet reached a level capable of supporting mass production, and we will continue our technical studies.」
The Company explicitly stated that, as of the current quarter, technology for white materials for LEDs had not yet reached a level capable of supporting mass production, and uncertainty over mass-production orders and commercialization remains. - FY2017-Q2WorsenedAnnual report
「The technical requirements for next-generation power semiconductors, the core application, are becoming increasingly advanced and complex, and the outlook is that it will still take time to create a new market.」
For next-generation power semiconductors, the Company explicitly noted increasingly advanced and complex technical requirements and a prolonged process of market formation, heightening uncertainty over the commercialization of new materials and the acquisition of orders. - FY2017-Q1RestatedAnnual report
「For "white material for LEDs," as customers' required brightness levels continue to rise, we will continue joint development to achieve a breakthrough. For "Epocluster® Courier," a high-thermal-conductivity insulating material for next-generation high-density devices, we will develop and promote the business jointly with semiconductor manufacturers and others to secure orders for high-value-added, small-lot customized products.」
No mass-production orders have been confirmed. Joint development is continuing for white materials for LEDs, while efforts continue to secure custom orders for Epoclastar® Courier. - FY2016First statedAnnual report
「The Company did not secure specific orders leading to mass production, and because the sales budget for the next fiscal year fell short of the previous medium-term plan while a new medium-term management plan was under consideration, the budget for operating income was in the red. Accordingly, with regret, the Company recognized an impairment loss on the related fixed assets at the end of the current fiscal year.」
The Company did not secure mass-production orders for white materials for LEDs or high-thermal-conductivity insulating materials, resulting in a budgeted operating loss and an impairment loss of ¥114 million on fixed assets.