Sustaining Innovation and Disruptive Innovation

「The amount invested in research and development activities for the Group as a whole during the interim consolidated accounting period, including improvement and development activities, was ¥2,164 million. Of this amount, ¥532 million was for research and development of new products. There were no material changes in the status of the Group's research and development activities during the interim consolidated accounting period.」

「Research and development is conducted mainly through the New Business Promotion Center, Monozukuri Center, Fundamental Technology Research Institute and Power Transmission Technology Research Institute, which had 246 employees at the end of the consolidated fiscal year. The Group invested ¥4,259 million in development and research during the consolidated fiscal year, including improvement and development activities overall. No development costs were recognized as intangible assets.」

「The group’s R&D activities, including improvement and development, amounted to ¥2,074 million during the interim consolidated fiscal period. Of this amount, ¥496 million was R&D expenditure for new products. There were no significant changes in the status of the group’s R&D activities during the interim consolidated fiscal period.」

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

「The group’s R&D activities, including improvement and development, amounted to ¥2,014 million during the second quarter of the current cumulative consolidated period. Of this amount, ¥522 million was R&D expenditure for new products. There were no significant changes in the status of the group’s R&D activities during the second quarter of the current cumulative consolidated period.」

「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.」

「Based on these guidelines, R&D activities are conducted mainly at the New Business Promotion Center, Monozukuri Center, Fundamental Technology Research Institute and Power Transmission Technology Research Institute, with 243 employees at the end of the current consolidated fiscal year. The company invested ¥4,110 million in development and research during the consolidated fiscal year, including overall improvement and development; there were no development costs recognized as intangible assets.」

「The company completed development of the Willtia™ Sheet, a water-repellent and permeable sheet for concrete formwork that uses the company’s proprietary water-repellent technology to conserve resources, and began test sales in November 2022. It also developed the Ceptor®-Ⅹ S3M/S5M toothed belt, part of the Ceptor® series lineup, with improved power transmission capacity and modulus of elasticity compared with existing products, providing high power transmission, high-load capability and high responsiveness. The group’s R&D activities, including improvement and development, amounted to ¥3,100 million during the third quarter of the current cumulative consolidated period. Of this amount, ¥767 million was R&D expenditure for new products.」

「The group’s R&D activities, including improvement and development, amounted to ¥2,073 million during the second quarter of the current cumulative consolidated period. Of this amount, ¥519 million was R&D expenditure for new products. There were no significant changes in the status of the group’s R&D activities during the second quarter of the current cumulative consolidated period.」

「The group’s R&D activities, including improvement and development, amounted to ¥1,050 million during the first quarter of the current cumulative consolidated period. Of this amount, ¥262 million was R&D expenditure for new products. There were no significant changes in the status of the group’s R&D activities during the first quarter of the current cumulative consolidated period.」

「Based on these guidelines, R&D activities are conducted mainly at the New Business Promotion Center, Monozukuri Center, Fundamental Technology Research Institute and Power Transmission Technology Research Institute, with 242 employees at the end of the current consolidated fiscal year. The company invested ¥4,029 million in development and research during the consolidated fiscal year, including overall improvement and development; there were no development costs recognized as intangible assets.」

「The group’s R&D activities, including improvement and development, amounted to ¥3,003 million during the third quarter of the current cumulative consolidated period. Of this amount, ¥739 million was R&D expenditure for new products. There were no significant changes in the status of the group’s R&D activities during the third quarter of the current cumulative consolidated period.」

「The company began selling the Ceptor®-Ⅹ Plus (Ceptor Ten Plus), a new high-load toothed belt with a longer service life, higher power transmission capacity and greater compactness than the existing Ceptor®-Ⅹ, as part of the Ceptor® series lineup. It also began selling the UVH-specification toothed belt for banknote/card conveyance, featuring improved oil resistance, as part of its lineup of toothed belts for precision conveyance. The group’s R&D activities, including improvement and development, amounted to ¥1,990 million during the second quarter of the current cumulative consolidated period. Of this amount, ¥480 million was R&D expenditure for new products.」

「The group’s R&D activities, including improvement and development, amounted to ¥991 million during the first quarter of the current cumulative consolidated period. Of this amount, ¥247 million was R&D expenditure for new products. There were no significant changes in the status of the group’s R&D activities during the first quarter of the current cumulative consolidated period.」

「R&D activities are conducted mainly at the New Business Promotion Center, Monozukuri Center, Fundamental Technology Research Institute and Power Transmission Technology Research Institute, with 232 employees at the end of the current consolidated fiscal year. The company invested ¥4,094 million in development and research during the consolidated fiscal year, including overall improvement and development and ¥7 million in development costs recognized as intangible assets.」

「In the medical equipment field, which the company has pursued as one of the pillars of its new businesses, its consolidated subsidiary Aimedic MMT Co., Ltd. developed and began selling the AT Measure, which applies the technology of the C-STRETCH® elastic strain sensor developed independently by the company. The group’s R&D activities, including improvement and development, amounted to ¥2,990 million during the third quarter of the current cumulative consolidated period. Of this amount, ¥820 million was R&D expenditure for new products.」

「The company began selling the Mister Silky Touch™ non-stick food belt, offering excellent release and slip properties on the belt surface, and the Tekuria® EGS-T thin polyethylene film for building materials, which reduces CO2 emissions and waste over its lifecycle from production through disposal. The group’s R&D activities, including improvement and development, amounted to ¥2,006 million during the second quarter of the current cumulative consolidated period. Of this amount, ¥562 million was R&D expenditure for new products. There were no significant changes in the status of the group’s R&D activities during the second quarter of the current cumulative consolidated period.」

「The group’s R&D activities, including improvement and development, amounted to ¥1,010 million during the first quarter of the current cumulative consolidated period. Of this amount, ¥272 million was R&D expenditure for new products. There were no significant changes in the status of the group’s R&D activities during the first quarter of the current cumulative consolidated period.」

「Based on these guidelines, R&D activities are conducted mainly at the New Business Promotion Center, Monozukuri Center, Fundamental Technology Research Institute and Power Transmission Technology Research Institute, with 220 employees at the end of the current consolidated fiscal year. The company invested ¥4,421 million in development and research during the consolidated fiscal year, including overall improvement and development and ¥103 million in development costs recognized as intangible assets.」

「The group’s R&D activities, including improvement and development, amounted to ¥3,268 million during the third quarter of the current cumulative consolidated period. Of this amount, ¥931 million was for R&D for new products. There were no significant changes in the status of the group’s R&D activities during the third quarter of the current cumulative consolidated period.」

「The group’s R&D activities, including improvement and development, amounted to ¥2,196 million during the second quarter of the current cumulative consolidated period. Of this amount, ¥631 million was for R&D for new products. There were no significant changes in the status of the group’s R&D activities during the second quarter of the current cumulative consolidated period.」

「Based on these guidelines, R&D activities are conducted mainly at the New Business Promotion Center, Monozukuri Center, Fundamental Technology Research Institute and Power Transmission Technology Research Institute, with 227 employees at the end of the current consolidated fiscal year. The company invested ¥4,459 million in development and research during the consolidated fiscal year, including overall improvement and development and ¥120 million in development costs recognized as intangible assets.」

「The group’s R&D activities, including improvement and development, amounted to ¥3,315 million during the third quarter of the current cumulative consolidated period. Of this amount, ¥1,060 million was R&D expenditure for new products. There were no significant changes in the status of the group’s R&D activities during the third quarter of the current cumulative consolidated period.」

「The group’s R&D activities, including improvement and development, amounted to ¥2,161 million during the second quarter of the current cumulative consolidated period. Of this amount, ¥696 million was R&D expenditure for new products. There were no significant changes in the status of the group’s R&D activities during the second quarter of the current cumulative consolidated period.」

「The group’s R&D activities, including improvement and development, amounted to ¥1,083 million during the first quarter of the current cumulative consolidated period. Of this amount, ¥353 million was R&D expenditure for new products. There were no significant changes in the status of the group’s R&D activities during the first quarter of the current cumulative consolidated period.」

「Based on these guidelines, R&D activities are conducted mainly at the R&D Center, Monozukuri Center and Production Technology Development Center, with 139 employees at the end of the current consolidated fiscal year, and the Power Transmission Technology Research Institute, with 68 employees. The company invested ¥4,375 million in development and research during the consolidated fiscal year, including overall improvement and development.」

「The company also developed the BANDO DEC-20™ foreign-material inspection tool, which enables the visualization of falling particles, an issue in cleanrooms and other facilities. The group’s R&D activities, including improvement and development, amounted to ¥3,284 million during the third quarter of the current cumulative consolidated period. Of this amount, ¥863 million was R&D expenditure for new products. There were no significant changes in the status of the group’s R&D activities during the third quarter of the current cumulative consolidated period.」

「The group’s R&D activities, including improvement and development, amounted to ¥2,159 million during the second quarter of the current cumulative consolidated period. Of this amount, ¥564 million was R&D expenditure for new products. There were no significant changes in the status of the group’s R&D activities during the second quarter of the current cumulative consolidated period.」

「The group’s R&D activities, including improvement and development, amounted to ¥1,082 million during the first quarter of the current cumulative consolidated period. Of this amount, ¥285 million was R&D expenditure for new products. There were no significant changes in the status of the group’s R&D activities during the first quarter of the current cumulative consolidated period.」

「Based on these guidelines, R&D activities are conducted mainly at the R&D Center, Monozukuri Center, Production Technology Development Center, with 138 employees at the end of the current consolidated fiscal year, and the Power Transmission Technology Research Institute, with 66 employees. The company invested ¥4,298 million in development and research during the consolidated fiscal year, including overall improvement and development.」

「We also developed “Power Ace® Aramid Combo,” a bonded narrow V-belt incorporating Japan's first high-elasticity aramid cord, in response to demand for larger, higher-load and more compact industrial machinery.」

「We also advanced the improvement and development of existing products and developed the FR7000 series of flame-retardant, heat-resistant conveyor belts with self-extinguishing properties, which can be used for high-temperature conveying applications and was the first such product developed in Japan.」

「In addition to improving and developing existing products, we developed products in new business areas, including the optical clear adhesive sheet “Free Crystal®.”」

「Under Guideline 2, “Product Evolution,” the company aims to accelerate the development of “market-optimized” products that match market needs in each region worldwide, continuously creating and developing products that contribute to customers’ “reduced environmental impact, higher efficiency, compactness and functional integration” (Incremental Innovation: Sustaining Innovation). Under Guideline 4, “Creation of New Businesses,” the company aims to refine its core technologies for the formulation, dispersion and compounding of elastomers and resins for priority markets, develop new products and cultivate new markets based on “distinctive technologies” created by combining and refining these technologies with new technologies, and develop them into pillars of future new businesses (Radical Innovation: Disruptive Innovation).」