Development of New Technologies and Products and Cost Reduction

「Net sales increased 7.8% year on year to ¥11,182 million, as orders for thermal gap fillers, products for electric vehicles, remained solid, among other factors.」

「We secured mass-production orders for seal components for control devices compatible with high-voltage batteries.」

「Through this research and development, Fukoku will establish vibration damping solutions for satellites, rockets and lunar exploration missions, while continuing to contribute to improved safety and reliability in the space sector and to the development of Japan’s space industry base.」

「Functional Products Business: Revenue increased 4.7% year on year to ¥20.796 billion, as orders, including for heat-dissipation gap fillers, on which we are focusing sales expansion, remained firm.」

「In the area around batteries, a key part of vehicle electrification, we have been co-creating inter-cell cushioning materials and heat-dissipation gap fillers, a thermal-management product, with numerous companies, and have begun to achieve results. We have completed 2 international patent applications for heat-dissipation gap fillers.」

「We are also developing valves, seals, and other products for thermal management of electric vehicles in response to the CASE era.」

「As a supplier whose principal products are automotive rubber components, our group is working to address social issues toward the realization of a sustainable, decarbonized society, while promoting the rapid development of new products that leverage our proprietary technologies through cooperation between the Technology Development Division and related departments.」

「Revenue increased 21.0% year on year to ¥25.333 billion, driven by strong orders for construction machinery, sales of new products for electric vehicles, and the impact of foreign exchange translation. Segment profit increased 14.4% year on year to ¥1.017 billion.」

「Supported by strong orders for construction machinery and the launch of sales of new products for electric vehicles, revenue increased 15.6% year on year to ¥16.117 billion.」

「We are also developing valves, seals, and other products for thermal management of EV batteries in response to the CASE era.」

「In April 2020, we integrated the technology departments previously separated by business into the Technology Development Division and moved to a new structure optimized for developing products that respond to market changes.」

「To address this major transformation, the group is working to further advance its manufacturing capabilities for the future, develop new technologies and products, restructure its business, and continuously develop its management system.」

「During the fiscal year under review, our research and development activities covered product development in growth sectors including industrial machinery and office automation equipment, centered on priority products in the automotive sector. We also actively pursued research into new materials and technologies and development of their applications. Total research and development expenses for the fiscal year were ¥1,719 million.」

「We began mass production of new wiper-blade rubber for domestic parts manufacturers.」

「We will continue to focus on developing new technologies and products and reducing costs.」

「We will continue to focus on developing new technologies and products and reducing costs.」

「We will continue to focus on developing new technologies and products and reducing costs.」

「We newly began mass production of multifunctional gaskets for cooling systems for hybrid vehicles for domestic parts manufacturers.」

「We will continue to focus on developing new technologies and products and reducing costs.」

「We will continue to focus on developing new technologies and products and reducing costs.」

「We will continue to focus on developing new technologies and products and reducing costs.」

「We newly began mass production of LLC flow-control valves for temperature-control equipment for domestic parts manufacturers.」

「We will focus on developing new technologies and products and reducing costs, and will continue to enhance products and services that meet the needs of customers worldwide.」

「We will focus on developing new technologies and products and reducing costs, and will continue to enhance products and services that meet the needs of customers worldwide.」

「We will focus on developing new technologies and products and reducing costs, and will continue to enhance our products and services so that they meet the needs of customers worldwide.」