Creating New Businesses and Developing New Markets

「As a product contributing to carbon neutrality, the Company began test sales in July 2025 of Silver Arrow®, an outdoor radiative-cooling film that contributes to energy savings and uses the Company’s proprietary film-processing technology.」

「The Other businesses comprise the robot-related devices, Electronic Materials and medical device businesses, among others. Revenue was ¥3,151 million, up 8.0% year on year, and segment profit was ¥81 million, down 50.1% year on year.」

「In addition to deepening its core businesses, the Company will accelerate the development of new businesses through co-creation with startups, including an investment in inaho and a strategic partnership agreement with Inmotive Inc.」

「The Other businesses comprise the robot-related devices, Electronic Materials and medical device businesses, among others. Revenue was ¥2,917 million, up 10.8% year on year, and segment profit was ¥164 million, compared with a segment loss of ¥47 million in the same period of the previous year.」

「The Company will also continue sales-expansion activities and promote the commercialization of e=Bone®, an absorbable material for bone regeneration developed through industry-academia collaboration and based on the Group’s core technologies.」

「The company began selling Pull-Out Alert®, a healthcare device that detects removal motions and uses its proprietary C-STRETCH® stretchable strain sensor.」

「As a new addition to the Sunline® Belt light-duty conveyor-belt lineup, the company began selling Mister Porters™, a logistics-conveyance belt with excellent low-noise performance.」

「The Company also commercialized an absorbable material for bone regeneration developed using the results of industry-academia collaborative research.」

「The company completed development of Wiltia™ Sheet, a water-repellent and water-permeable sheet for concrete formwork designed to conserve resources by using its proprietary water-repellent technology, and began test sales in November 2022. It also developed Ceptor®-Ⅹ S3M/S5M, a new toothed belt in the Ceptor® series with higher transmission capacity and modulus of elasticity than existing products, providing high power transmission, heavy-load capability and high responsiveness.」

「The Other businesses comprise the robot-related devices, Electronic Materials and medical device businesses, among others. Revenue was ¥2,449 million, down 5.1% year on year, while the segment recorded a loss of ¥12 million, compared with segment profit of ¥147 million in the same period of the previous year, partly due to the impact of lower reimbursement prices for core products in the medical device business.」

「Specifically, in the medical device and healthcare device businesses, the Company will leverage Aimedic MMT’s medical device business platform and sales capabilities to accelerate the commercialization of the extensible strain sensor C-STRETCH®, including ResMo® (ResMo), the first medical device in the respiratory field launched during the fiscal year, and the swallowing-motion monitor B4S™ (B4S). At the same time, the Company will create synergies with the Group’s proprietary core technologies and continue developing new products one after another to drive further expansion.」

「Amid expectations of growing social needs in the field of swallowing, the company began selling the B4S™ swallowing-motion monitor (B4S), a healthcare device using its proprietary C-STRETCH® stretchable strain sensor, as a new product.」

「In the medical device field, one of the new business pillars the Company has pursued, its consolidated subsidiary Aimedic MMT developed and began selling ResMo, a medical device that applies the technology of C-STRETCH®, an extensible strain sensor independently developed by the Company, through distributors.」

「In the Electronic Materials business, the Company worked to expand the market share of TOPX®, a precision polishing material, in the display field, where displays with glass substrates are in mass production, while actively pursuing new demand in areas including storage.」

「In the medical device field, one of the new business pillars the Company has pursued, its consolidated subsidiary Aimedic MMT developed and began selling the AT Measure, which applies the technology of C-STRETCH®, an extensible strain sensor independently developed by the Company. In addition, as the spread of the novel coronavirus resurged and face-to-face communication became restricted, the Company actively held online seminars introducing new products and technologies and helping to resolve issues in various industries.」

「We also began selling “Mr. Silky Touch™,” a non-adhesive belt for food applications with excellent release and slip properties on the belt surface, and “TeClear® EGS-T,” a thin polyethylene film for building and interior materials that reduces CO2 emissions and waste over its lifecycle from manufacture through disposal,」

「Under “Creating New Businesses,” the Company made Aimedic MMT, which develops distinctive products in the medical field, a subsidiary and established a structure to accelerate product development by leveraging its business platform.」

「Other businesses include the robot-related devices and electronic materials businesses. Following the acquisition of the Medical Devices Business, revenue was ¥3,999 million, up 50.9% year on year.」

「The Group had been working to establish a Medical Devices and Healthcare Equipment Business using the C-STRETCH® stretchable strain sensor as one of its new business pillars. Aimedic MMT has strong brand recognition and sales capabilities in orthopedic medical devices. The company decided to acquire its shares because it determined that the acquisition would enable it to rapidly obtain a medical-business platform and was expected to accelerate the commercialization of C-STRETCH® as a medical device.」

「To grow its Medical Devices Business as a new business pillar, the Group acquired all shares of Aimedic MMT Co., Ltd. and made it a subsidiary effective 8 May 2019.」

「The company will prioritize the allocation of management resources to creating new businesses, centered on the Medical Devices and Healthcare Equipment Business and the Electronic Materials Business, and work to transform its business portfolio. Specifically, in the Medical Devices and Healthcare Equipment Business, it will work to productize and commercialize the C-STRETCH® stretchable strain sensor. In the Electronic Materials Business, it will work to commercialize products including the TOPX® precision abrasive, the Free Crystal® optical clear adhesive sheet, the HEATEX® high-thermal-conductivity heat-dissipation sheet and the FlowMetal® low-temperature-fired metal nanoparticle product. During the consolidated fiscal year, it began mass-production sales of TOPX®, a precision abrasive with excellent grinding performance in the lapping process for glass substrates.」

「Other businesses include robot-related devices. Sales were ¥2,652 million, up 38.4% year on year, while segment profit was ¥514 million, up 121.4% year on year, helped by growth in the Electronic Materials Business.」

「To deepen understanding of the potential of its core businesses, which are expected to continue expanding, and the potential of new businesses targeted for early commercialization, the company held Bando Techno Fair 2018 in September.」

「Sales of exterior films for automobiles and motorcycles, for which the company is developing new applications as part of its business transformation, also increased.」

「Under the second stage (BF-2) of the five-year medium- to long-term management plan “Breakthroughs for the future” for 2018 through 2022, the company formulated a new basic strategy making the development of new products created under BF-1 into businesses its highest priority. As the market for automotive belts, the mainstay of its existing businesses, is expected to contract as the shift to electric vehicles progresses, these products include the C-STRETCH® stretchable strain sensor, the HEATEX® high-thermal-conductivity heat-dissipation sheet and the Free Crystal® optical clear adhesive sheet. The Group will work with all its resources to achieve this goal.」

「We also developed “BANDO DEC-20™,” a foreign-material inspection tool that makes falling dust visible, an issue in cleanrooms and similar environments.」

「In functional film products, sales of conventional industrial and medical films declined, but sales of exterior films for four-wheel and two-wheel vehicles, toward which the business is being transformed, increased.」

「We began selling “LASHINGBITE®,” a tension gauge for lashing belts that enables tension to be measured and managed numerically with high precision, thereby improving transport reliability.」

「During the fiscal year, amid growing demand for touch panels, the company developed Free Crystal®, an optical clear adhesive sheet with the visibility required particularly for automotive applications, conformability to curved displays and impact resistance.」

「The company developed products in new business areas, including the optical clear adhesive sheet Free Crystal®.」

「The company will further refine its core technologies in the formulation, dispersion and compounding of rubber, elastomers and resins, and combine these core technologies with new technologies to create new products and develop new markets, nurturing them as the pillars of its next-generation businesses.」