Global expansion and enhancement of the functionality of the lubricants business
First written in FY2016. 14 of 23 entries say "Advanced", first in FY2017. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「The Advanced Materials segment recorded sales of ¥503.2 billion, down 0.0% from the previous fiscal year, and segment profit of ¥33.4 billion, up 18.5%, owing to improvements in the lubricants business sales portfolio and pricing in the Functional Chemicals business.” “Overseas sales in the lubricants business remained strong.」
Segment profit for Advanced Materials was ¥33.4 billion, up 18.5% year on year, against a backdrop of strong overseas lubricants sales and improvements in the sales portfolio. - FY2026-H1AdvancedAnnual report
「Segment profit was ¥19.0 billion, up 18.9% year on year, supported by the time-lag effect on lubricants sales and contributions from newly consolidated companies in Agri-Life, despite margin deterioration in Functional Chemicals due to capacity expansion in China.」
Segment profit for Advanced Materials was ¥19.0 billion, up 18.9% year on year, reflecting the time-lag effect on lubricants and contributions from newly consolidated companies in Agri-Life. - FY2025AdvancedAnnual report
「Expansion of sales of “Idemitsu Brand Motor Oil” in overseas markets」
In the lubricants business, we are pursuing improvements to the sales portfolio as well as expanding sales of Idemitsu-branded products in overseas markets. - FY2025-H1AdvancedAnnual report
「Revenue in the Advanced Materials segment was ¥250.8 billion (up 1.0% year on year), while segment profit was ¥16.0 billion (up 19.7% year on year), due mainly to improvements in the sales portfolio of the lubricants business and pricing improvements in the functional chemicals business.」
The improvement in the lubricants business sales portfolio was clearly identified, and segment profit for Advanced Materials increased 19.7% year on year. - FY2024AdvancedAnnual report
「As of March 2024, the product was already being used by more than 900 companies, contributing to reductions in drivers' and mechanics' working hours and mental burden. Overseas, we promoted sales of products under the Idemitsu brand, contributing to earnings.」
The number of companies using the phosphorus-free, ash-free diesel engine oil exceeded 900, and expanded overseas sales of Idemitsu-branded products were also cited as contributing to earnings. - FY2024-Q2RestatedAnnual report
「Segment profit was ¥13.4 billion (up 55.9% year on year), due mainly to the elimination of the negative time lag in the lubricants business.」
The increase in profit in the Advanced Materials segment due to the elimination of the negative time lag in the lubricants business continues. - FY2024-Q1MitigatedAnnual report
「Revenue in the Advanced Materials segment was ¥122.3 billion (up 1.6% year on year), while segment profit was ¥5.5 billion (up 68.4% year on year), due mainly to the elimination of the negative time lag in the lubricants business.」
The negative time lag in the lubricants business was eliminated, and profit in the Advanced Materials segment increased 68.4% year on year. - FY2023AdvancedAnnual report
「In Japan, amid growing environmental awareness, we launched the industry's first phosphorus-free, ash-free diesel engine oil. Overseas, we promoted sales of products under the Idemitsu brand, contributing to earnings.」
The document describes the launch of a new environmentally responsive lubricant and expanded overseas sales of Idemitsu-branded products, indicating concrete progress in global expansion and product enhancement. - FY2023-Q2Delays in passing on higher costs continueAnnual report
「Segment profit was ¥8.6 billion (down 15.9% year on year), due mainly to delays in passing on higher oil costs in the lubricants business and narrower spreads on certain products in the functional chemicals business.」
Continued delays in passing higher oil costs through to lubricant prices were again cited as a factor behind the decline in profit in the Advanced Materials segment. - FY2023-Q1Delayed price pass-throughAnnual report
「Segment profit was ¥3.3 billion (down 23.7% year on year), due mainly to narrower spreads on certain products in the functional chemicals business and delays in passing on higher oil costs in the lubricants business.」
In the lubricants business, delays in passing on higher oil costs were cited as a factor behind the decline in profit in the Advanced Materials segment. - FY2022-Q1Decline in lubricant earningsAnnual report
「Segment profit was ¥4.3 billion (down 10.0% year on year), due mainly to lower earnings in the lubricants business.」
The decline in lubricants business earnings was cited as a factor behind the 10.0% year-on-year decline in profit in the Advanced Materials segment. - FY2021AdvancedAnnual report
「As part of its overseas expansion, the Company opened its second manufacturing plant in China and began commercial operations.」
The second lubricants manufacturing plant in China opened and began commercial operations. Development of GF-6-compliant products and water-soluble metalworking fluids also progressed, while the decline in sales volumes continued. - FY2021-Q3Decline in lubricant sales volumesAnnual report
「Segment profit was ¥9.5 billion (down 52.9% year on year), due mainly to lower sales volumes in the lubricants business.」
The decline in lubricant sales volumes was cited as a factor behind the 52.9% year-on-year decline in profit in the Advanced Materials segment. - FY2021-Q2Declining sales volumesAnnual report
「Revenue in the Advanced Materials segment was ¥155.4 billion (down 20.7% year on year), while segment profit was ¥6.2 billion (down 54.8% year on year), due mainly to a decline in lubricant sales volumes.」
In the lubricants business, segment profit declined 54.8% year on year due to lower sales volumes. - FY2020AdvancedAnnual report
「In manufacturing, the Company opened its second plant in Indonesia and began construction of its second plant in China. In sales, it newly established a sales company in the Philippines, while its sales company in Pakistan began operations. In product development, it newly developed dedicated fluids for drive units for electric vehicles (EVs) and hybrid electric vehicles (HEVs).」
Production sites in Indonesia and China were expanded, sales operations in the Philippines and Pakistan were established, and dedicated fluids for EVs and HEVs were developed. - FY2019AdvancedAnnual report
「Lubricant sales exceeded 1.2 million KL in total domestically and overseas, driven by growth in overseas sales, particularly in strong Asian and North American markets, setting a new record. The Company reviewed its sales structure and considered expanding overseas production capacity to build a robust sales and supply structure in global markets.」
Lubricant sales exceeded 1.2 million KL, setting a new record, while the Company reviewed its sales structure and considered expanding overseas production capacity. - FY2019-Q2RestatedAnnual report
「We will develop industrial lubricants that contribute to improved fuel efficiency for internal-combustion vehicles in Japan and overseas and to higher production efficiency. We will also develop new fluids for the latest technology products, including electric vehicles and robots. In addition, we will expand overseas production sites and improve our ability to supply domestic and overseas automakers.」
The Company has stated its policy of continuing to develop new fluids for electric vehicles and robots in addition to products for internal-combustion engines, and to expand overseas production sites. - FY2018AdvancedAnnual report
「Lubricant sales exceeded 1.2 million KL in total domestically and overseas, driven by growth in overseas sales, particularly in strong Asian and North American markets, setting a new record. The Company reviewed its sales structure and considered expanding overseas production capacity to build a robust sales and supply structure in global markets.」
Sales volumes exceeded 1.2 million KL, reaching a record high, while overseas sales grew and the Company considered strengthening its sales and production structures. - FY2018-Q1AdvancedAnnual report
「The Company's overseas subsidiaries, Idemitsu Lube Techno Indonesia and Idemitsu Lube India」
The use and deadline for public offering proceeds allocated to investments and financing for the overseas lubricants business were specified. - FY2017AdvancedAnnual report
「Lubricant sales approached 1.2 million KL in total domestically and overseas, setting a new record. To build a robust sales and supply structure in global markets and develop and expand high-performance products, we started operations at a new plant in Thailand and continued strengthening our R&D capabilities in the United States.」
Sales volumes expanded to nearly 1.2 million KL, setting a new record, while the new plant in Thailand began operations and R&D capabilities in the United States were strengthened. - FY2016First statedAnnual report
「In fiscal 2015, combined domestic and overseas sales exceeded 1.1 million KL, setting a new record. To further expand globally, we increased the production capacity of the Tianjin lubricants plant in China, where we have 6 sites, to meet growing sales of high-performance lubricants in China.」
The Company is advancing record sales volumes, expansion of the Tianjin plant in China, development of environmentally responsive and high-performance products, and expansion of overseas production sites as an integrated initiative.