Expansion into Growth Markets through New Products and Technologies
First written in FY2016. 17 of 25 entries say "Advanced", first in FY2017-Q3. Latest entry: 2026-08-07.
The whole theme swung hardest in 2018: 1 of 7 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- 2026-08-07AdvancedFinancial Results Presentation
「Improved selling prices and sales volumes/mix, resulting in higher revenue and profit year on year」
Revenue in the high-performance glass business increased from ¥11.0 billion to ¥12.6 billion, and operating profit increased from ¥1.3 billion to ¥2.2 billion. - FY2026AdvancedAnnual report
「For application areas expected to see demand growth over the longer term, including semiconductors, batteries and data centres, the company is studying potential applications and advancing prototype evaluations through technical discussions with customers. It also established representative offices in Taiwan, North America and India to strengthen its ability to serve overseas markets.」
The expansion of high-performance glass into growth markets has taken concrete shape through prototype evaluations for semiconductors, batteries and data centers, and the establishment of facilities in Taiwan, North America and India. - 2026-05-11AdvancedFinancial Results Presentation
「The sales mix improved as initially planned, and operating profit increased.」
The company disclosed an improved sales mix and higher operating profit in the high-performance glass business. - FY2025-H1AdvancedAnnual report
「Revenue from the high-performance glass business for the six-month period was ¥24.7 billion, compared with ¥19.9 billion in the same period of the previous year, and operating profit before individually disclosed items was ¥3.9 billion, compared with ¥4.0 billion. Revenue increased year on year as demand recovered in many businesses.」
Revenue in the high-performance glass business increased from ¥19.9 billion to ¥24.7 billion as demand recovered. Profit was roughly level with the same period of the previous year, while improvements were seen in demand for printers and scanners, replacement glass cord and Metashine® for automotive applications. - FY2024AdvancedAnnual report
「In the high-performance glass business, the company aims to achieve profit growth by expanding into adjacent markets and commercialising new technologies.」
The company specified its policy for growth in the high-performance glass business by expanding into adjacent markets and commercialising new technologies. - FY2024-Q3WorsenedAnnual report
「Revenue from the high-performance glass business for the nine-month period ended the third quarter was ¥29.6 billion, compared with ¥29.8 billion in the same period of the previous year, and operating profit before individually disclosed items was ¥5.7 billion, compared with ¥7.2 billion. Demand varied by business, but revenue declined slightly. Operating profit before individually disclosed items also declined because market conditions deteriorated in some businesses and higher input costs could not be passed on through selling prices.」
In the high-performance glass business, revenue declined from ¥29.8 billion to ¥29.6 billion and operating profit before individually disclosed items declined from ¥7.2 billion to ¥5.7 billion. Variations in demand and the inability to pass on higher input costs through prices were cited as factors behind the decline in profit. - FY2024-Q2WorsenedAnnual report
「Revenue from the high-performance glass business for the six-month period ended the second quarter was ¥19.9 billion, compared with ¥20.2 billion in the same period of the previous year, and operating profit before individually disclosed items was ¥4.0 billion, compared with ¥5.7 billion. Demand varied by business and revenue declined slightly. Operating profit before individually disclosed items also declined because market conditions deteriorated in some businesses and higher input costs could not be passed on through selling prices.」
In the high-performance glass business, revenue declined from ¥20.2 billion to ¥19.9 billion and operating profit before individually disclosed items declined from ¥5.7 billion to ¥4.0 billion. Weak demand and the inability to pass on higher input costs through prices were cited as factors behind the decline in profit. - FY2024-Q1Weak demand for high-performance glass and lower profitAnnual report
「Demand varied by business and revenue was flat, but operating profit before individually disclosed items declined because market conditions deteriorated in some businesses and higher input costs could not be passed on through selling prices.」
Revenue in the high-performance glass business remained at ¥10.0 billion, roughly level with the same period of the previous year, while operating profit before individually disclosed items declined from ¥3.2 billion to ¥2.1 billion because higher input costs could not be passed on through selling prices. - FY2023AdvancedAnnual report
「MAGNAVI®, a high-elasticity, high-strength glass fibre, has attracted substantial interest for use as a structural material in transportation equipment.」
Expansion into growth markets through new products and technologies advanced to the stage where MAGNAVI® was attracting substantial interest for use as a structural material in transportation equipment. - FY2023-Q3Decline in revenue from the high-performance glass business due to the transfer of the business and China’s lockdownsAnnual report
「Revenue from the high-performance glass business for the nine-month period ended the third quarter was ¥29.8 billion, compared with ¥30.8 billion in the same period of the previous year, and operating profit was ¥7.2 billion, compared with ¥7.8 billion. Revenue and operating profit decreased slightly because the battery separator business was transferred in the previous year. The impact of the transfer on revenue and operating profit was largely offset by favourable market conditions, but the business continued to be affected in the third quarter by the spread of COVID-19 in China and the resulting lockdowns.」
Revenue and operating profit in the high-performance glass business decreased following the transfer of the battery separator business. The impact was largely offset by favourable market conditions, but the effects of the spread of COVID-19 and lockdowns in China continued. - FY2022AdvancedAnnual report
「For the fiscal year ending March 2022, the company newly developed MAGNAVI®, a high-elasticity, high-strength glass fibre.」
In a new growth area for high-performance glass, the company newly developed MAGNAVI®, a reinforcement material for FRP and FRTP. - FY2022-Q3RestatedAnnual report
「In the fine glass business, performance improved further through ongoing cost reductions and an improved sales mix. In the information and communications devices business, sales volumes of lenses used in printers continued to increase as working from home and online classes became more widespread. Demand for glass cord for engine timing belts remained firm. Metashine® sales recovered after prolonged weak demand in the automotive and cosmetics markets.」
In growth areas for high-performance glass, the company reconfirmed cost reductions, an improved sales mix, higher printer-lens sales volumes, firm demand for glass cord and a recovery in Metashine®. - FY2022-Q2RestatedAnnual report
「In the information and communications devices business, sales volumes of lenses used in printers continued to increase as working from home and online classes became more widespread. Demand for glass cord for engine timing belts remained firm. Sales of Metashine® are showing signs of recovery after prolonged weak demand in the automotive and cosmetics markets.」
In growth areas for high-performance glass, higher printer-lens sales volumes and firm demand for glass cord for timing belts continued, while Metashine® showed signs of recovery. - FY2022-Q1AdvancedAnnual report
「In the information and communications devices business, sales volumes of lenses used in printers increased as working from home and online classes became more widespread.」
In a growth area for high-performance glass, the company reported higher sales volumes of printer lenses against a backdrop of the wider adoption of working from home and online classes. - FY2021AdvancedAnnual report
「For the fiscal year ended March 2021, the company commercialised Sanitise™, which reduces viruses and bacteria attached to glass surfaces. It also commercialised Birdsafe™, a coating designed to prevent migratory birds from colliding with high-rise buildings.」
As products addressing growth opportunities and social issues, the company commercialised the antiviral and antibacterial product Sanitise™ and the bird-collision-prevention coating Birdsafe™. - FY2021-Q3AdvancedAnnual report
「In the information and communications devices business, sales volumes of printer lenses increased as demand for working from home grew.」
In a growth area for high-performance glass, the company reported higher sales volumes of printer lenses against a backdrop of increased demand for working from home. - FY2020AdvancedAnnual report
「In the life sciences field, the company began selling mobile PCR devices and related reagents. It has confirmed that the devices can also detect the novel coronavirus.」
Expansion into new growth areas advanced to the start of sales of mobile PCR devices and reagents and the evaluation stage for materials targeting IoT and Cloud applications. - FY2019AdvancedAnnual report
「In the high-performance glass field, the company plans to expand its business areas in life sciences, IoT and Cloud, energy conversion and Industry 4.0.」
The company specified four growth areas for the high-performance glass field and presented plans to expand its business areas. - FY2019-Q3AdvancedAnnual report
「In the display business, profit improved as the business base strengthened through higher sales and cost reductions. In the information devices business, demand for glass components used in printers and scanners was firm. Sales of Metashine® increased on firm demand in fields including automotive coatings and cosmetics. Battery separators remained strong as demand in Japan for idling-stop systems offset the slowdown in other Asian regions.」
In the high-performance glass business, the company reported higher display sales, cost reductions, increased Metashine® sales and continued strong performance by battery separators. - FY2018AdvancedAnnual report
「During the fiscal year, the Group launched improved battery separator products for this growth market.」
Expansion into energy generation, energy storage and energy saving advanced to the launch of improved battery separator products. - FY2018-Q3RestatedAnnual report
「In the display business, performance continued to improve, and some products showed signs of price improvement. Demand for materials used in multifunction printers remained firm during the current fiscal year. Sales volumes of glass cord for engine timing belts remained firm, reflecting conditions in the automotive market. Battery separators also performed well as sales volumes increased.」
The company reconfirmed continued improvement in the display business, firm demand for printer materials and higher sales volumes of battery separators in the high-performance glass business. - FY2018-Q2AdvancedAnnual report
「In the display business, the operating loss continued to narrow year on year, and some products showed signs of price improvement. Demand for materials used in multifunction printers, which had continued to decline in the previous fiscal year, began to recover during the current fiscal year. Sales volumes of glass cord for engine timing belts remained firm, reflecting conditions in the automotive market. Battery separators also performed well as sales volumes increased.」
In the high-performance glass business, the company reported a narrower loss in the display business, improving demand for multifunction-printer materials and higher sales volumes of battery separators. - FY2017AdvancedAnnual report
「In the high-performance glass business, performance in the display business is expected to improve through increased sales of the new-composition thin glass glanova® and lower production costs. The company also plans to launch new products, including mobile genetic testing devices, sequentially.」
The company identified increased glanova® sales, lower costs and plans to launch mobile genetic testing devices as specific measures for expansion into growth markets. - FY2017-Q3AdvancedAnnual report
「Investment in production-related facilities for new product lines based on advanced core technologies」
Investment in production-related facilities for new product lines was identified as a specific use of value-added investment. - FY2016First statedAnnual report
「The Group is developing new technologies, including energy-generation technologies, to enter new growth markets, with a focus on sustainability-related fields.」
The company is advancing entry into sustainability-related new technologies and growth markets, including fuel cells and materials for next-generation secondary batteries.