Product Development in Three Fields: Environment, Information, and Energy Devices

「The Group’s research and development expenditure during the current interim consolidated accounting period was ¥826 million. There were no significant changes in the status of the Group’s research and development activities during the current interim consolidated accounting period.」

「HD surface lubricants: A new compound that delivers the low-flying-height performance essential for further increasing recording density has been adopted by major disk manufacturers. We are continuing to develop ultra-high-temperature-resistant lubricants compatible with MAMR (microwave-assisted magnetic recording) and HAMR (heat-assisted magnetic recording), next-generation technologies.」

「The Group's total R&D expenditure for the interim consolidated accounting period was ¥777 million. There were no material changes in the status of the Group's R&D activities during the interim consolidated accounting period.」

「The Group's total R&D expenditure for the interim consolidated accounting period was ¥810 million. There were no material changes in the status of the Group's R&D activities during the interim consolidated accounting period.」

「The Group's total R&D expenditure for the three-month period ended in the first quarter was ¥458 million. There were no material changes in the status of the Group's R&D activities during the three-month period ended in the first quarter.」

「In particular, in the energy-device field, we are developing and selling products centered on encapsulation materials for organic EL devices. We are also focusing on developing encapsulation materials for flexible products and micro-LEDs, which are expected to be next-generation organic devices, as well as for perovskite solar cells, with customer evaluations progressing. In addition, we continue to sell and provide contract analysis using gas and water-vapor transmission-rate measurement equipment for films and other materials used in flexible devices, and our track record is expanding, mainly in Japan. We issued a press release at the end of the previous fiscal year regarding new equipment specialized for measuring hydrogen transmission rates in preparation for a hydrogen society. For organic photovoltaics (OPV), we have begun sales while incorporating collaboration with overseas manufacturers on products and materials and making use of our ability to produce prototypes independently on a roll-to-roll basis.」

「The Group's total R&D expenditure for the nine-month period ended in the third quarter was ¥978 million. There were no material changes in the status of the Group's R&D activities during the nine-month period ended in the third quarter.」

「The Group's total R&D expenditure for the three-month period ended in the first quarter was ¥322 million. There were no material changes in the status of the Group's R&D activities during the three-month period ended in the first quarter.」

「During fiscal 2023, we plan to launch hydrogen-specific transmission-rate measurement equipment as a contribution to realizing a hydrogen society. Organic photovoltaics (OPV) are flexible, lightweight, film-based solar cells that are translucent and offer considerable design flexibility, so we are promoting their adoption by commercial facilities, research institutions, public institutions and government agencies.」

「The Group's total R&D expenditure for the nine-month period ended in the third quarter was ¥950 million. There were no material changes in the status of the Group's R&D activities during the nine-month period ended in the third quarter.」

「The Group's total R&D expenditure for the six-month period ended in the second quarter was ¥635 million. There were no material changes in the status of the Group's R&D activities during the six-month period ended in the second quarter.」

「The Group's total R&D expenditure for the three-month period ended in the first quarter was ¥345 million. There were no material changes in the status of the Group's R&D activities during the three-month period ended in the first quarter.」

「In the energy-device field, we are developing and selling products centered on encapsulation materials for organic EL devices. We are also focusing on developing encapsulation materials for flexible products, which are expected to be next-generation organic devices, and for micro-LEDs, with customer evaluations progressing. In addition, we continue to sell and provide contract analysis using gas and water-vapor transmission-rate measurement equipment for films and other materials used in flexible products, and our track record is expanding, mainly in Japan. We are also developing new equipment capable of measuring hydrogen transmission rates. For organic photovoltaics (OPV), we have begun sales, including through collaboration with overseas manufacturers.」

「Revenue increased as exports of encapsulation materials for organic EL devices, sales of gas and water-vapor transmission-rate measurement equipment, and contract analysis performed strongly.」

「Revenue increased as exports of encapsulation materials for organic EL devices, sales of gas and water-vapor transmission-rate measurement equipment, and contract analysis performed strongly.」

「Revenue increased as exports of encapsulation materials for organic EL devices and contract analysis using gas and water-vapor transmission-rate measurement equipment performed strongly.」

「In new product development, we will focus on 4 fields, adding the life sciences field to the three existing fields of environmental solutions, information solutions and energy devices. While making use of our human and technical networks, we will further strengthen our core technologies and focus on developing products that meet customer needs in Japan and overseas.」

「The Group's total R&D expenditure for the nine-month period ended in the third quarter was ¥998 million. There were no material changes in the status of the Group's R&D activities during the nine-month period ended in the third quarter.」

「The Group's total R&D expenditure for the six-month period ended in the second quarter was ¥661 million. There were no material changes in the status of the Group's R&D activities during the six-month period ended in the second quarter.」

「For organic photovoltaics (OPV), we have begun trial sales, including through collaboration with overseas manufacturers, and are working to stabilize the mass-production process.」

「In new product development, we will seek higher revenue in the specialty lubricants segment through low-application, water-soluble die-casting release agents that can help reduce environmental impact, even amid sluggish automobile production. For hard-disk surface lubricants, we will work to expand sales by developing next-generation lubricants for data centers, where demand is expected to increase. For OPV (organic photovoltaics), we will advance the commercialization of mass-produced products and expand applications, while pursuing commercialization of medical materials through continued collaboration with universities and other institutions.」

「In new product development, we will seek higher revenue in the specialty lubricants segment through low-application, water-soluble die-casting release agents that can help reduce environmental impact. For hard-disk surface lubricants, where demand has been declining, we will work to expand sales by developing next-generation lubricants for data centers. For OPV (organic photovoltaics), we will expand our customer base through mass production, and we will pursue commercialization of medical materials while advancing collaboration with universities and other institutions.」

「In new product development, the company aims to secure profit through low-application-volume water-soluble die-casting release agents that can help reduce environmental impact, while working to capture demand through the development of next-generation hard-disk surface lubricants. For OPV (organic thin-film solar cells), it aims to expand its customer base through mass production, and in medical materials it will broaden its research themes through collaboration with universities and other institutions, with the aim of commercializing the business.」

「In new product development, the company will focus on 4 fields by adding the medical materials field to the 3 established fields of environmental, information and energy devices. It will further strengthen its core technologies by leveraging its human and technical networks and concentrate on developing products that meet customer needs in Japan and overseas. For organic thin-film solar cells, it will establish an independent OPV development department, increase staffing, and strengthen development, manufacturing and sales with the aim of commercializing the business at an early stage.」

「The company aims to secure profit by increasing sales of new products, including hard-disk surface lubricants and low-application-volume die-casting release agents.」

「In new product development, products already expanding in the market, such as low-application-volume die-casting release agents and high-flash-point liquid paraffin, are being joined by new products expected to expand going forward, including fast-drying fluorinated lubricants, foamed hot-melt sealing materials and ultrahigh-molecular-weight sulfonates. The medical materials project has begun at the R&D department, which is pursuing the initiative with speed in order to link it to the business.」

「In new product development, as organic EL displays have attracted increasing attention, the company is developing and improving related encapsulants and the world-class, high-performance gas and water vapor transmission rate measurement system “Moresco Super Detect,” while also working toward the mass production of organic thin-film solar cells. The company is focusing on three fields, namely the environmental, information and energy device fields, and concentrating on developing products that meet customer needs in Japan and overseas.」

「In new product development, as organic EL displays have attracted increasing attention, the company is developing and improving related encapsulants and the world-class, high-performance gas and water vapor transmission rate measurement system “Moresco Super Detect,” while also working toward the mass production of organic thin-film solar cells. The company is focusing on three fields, namely the environmental, information and energy device fields, and concentrating on developing products that meet customer needs in Japan and overseas.」

「In new product development, the company is focusing on the energy device field, developing and improving encapsulants related to organic EL displays and the world-class, high-performance gas and water vapor transmission rate measurement system “Moresco Super Detect,” while also working toward the mass production of organic thin-film solar cells through technology alliances with other companies. At the R&D headquarters, it is promoting long-term research and development centered on 3 projects, including coating agents, while pursuing research and development linked to commercial applications with speed.」

「For encapsulants for existing organic devices known as edge-sealed devices, which use glass plates as substrates, the company has developed a product with better sealing performance than existing encapsulants, and adoption has been expanding steadily. It is also focusing on research and development of encapsulants for flexible devices, which are expected to be next-generation organic devices. In addition, it has begun selling and providing contract analysis using systems that measure the gas and water vapor transmission rates of films and other materials used in flexible devices.」

「In new product development, the company is focusing on the energy device field, developing and improving encapsulants related to organic EL displays and the world-class, high-performance gas and water vapor transmission rate measurement system “Moresco Super Detect,” while also working toward the mass production of organic thin-film solar cells through technology alliances with other companies. It is also concentrating on developing products that meet customer needs in Japan and overseas in the established environmental and information fields. During the nine-month period ended 31 December of the current fiscal year, the Japan segment began joint research with Ideal Star Inc. on organic thin-film solar cell products and related matters.」

「In new product development, as organic EL displays have attracted increasing attention, the company is developing and improving related encapsulants and the world-class, high-performance water vapor transmission rate measurement system “Moresco Super Detect,” while also working toward the mass production of organic thin-film solar cells. The company is focusing on three fields, namely the environmental, information and energy device fields, and concentrating on developing products that meet customer needs in Japan and overseas.」

「In new product development, as organic EL displays have attracted increasing attention, the company is developing and improving related encapsulants and the world-class, high-performance water vapor transmission rate measurement system “Moresco Super Detect,” while also conducting research into organic thin-film solar cells. The company is focusing on three fields, namely the environmental, information and energy device fields, further strengthening its core technologies by leveraging its human and technical networks, and concentrating on developing products that meet customer needs in Japan and overseas.」