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Sumitomo Metal Mining (5713) · InitiativeUpdate on impairment history and business environment

Mass-Production Validation of SiC Substrates Following the Acquisition of Psycorx

First written in FY2018-Q3. 1 of 6 entries say "Raised", first in FY2022. Latest entry: FY2026.

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ProgressHeldSoftenedWorseOtherFY2018-Q3 – FY2020RaisedFY2022 – FY20252018: 220182019: 020192020: 120202021: 020212022: 120222023: 020232024: 020242025: 120252026: 12026
Same theme, other companies
Validation of SiC substrate mass production through the acquisition of サイコックスA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

0 other companies' latest entry also says "Other".

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Full recordFilings, disclosures and news, newest first
  1. FY2026Update on impairment history and business environmentAnnual report

    「製品需要の立ち上がりの遅れや予想販売価格の下落等を踏まえ、有形固定資産の帳簿価額16,616百万円を回収可能価額14,990百万円まで減額したためであります。」

    SiC基板の量産ライン構築方針を継続する一方、需要立ち上がりの遅れ・予想販売価格下落により25.89億円の減損損失を計上した。
  2. FY2025AdvancedAnnual report

    「また、パワー半導体材料向けのSiC(シリコンカーバイド)貼り合わせ基板8インチの量産ライン構築を決定しました。」

    SiC基板の量産検証から、パワー半導体材料向け8インチ貼り合わせ基板の量産ライン構築を決定する段階へ進んだ。
  3. FY2022RaisedAnnual report

    「機能性材料事業の拡大戦略 SiC(シリコンカーバイド)の2025年度月1万枚の量産体制確立、高品質なニッケル粉の販売拡大、機能性インクの新市場開拓を推進。」

    サイコックス取得後のSiC量産検証について、2025年度に月1万枚の量産体制を確立する具体的な目標を示した。
  4. FY2020設備減損・見通し悪化Annual report

    「材料セグメントにおいて、780百万円の減損損失を計上しております。これは主に、SiC基盤製造設備について、投下資本に見合うだけの十分なキャッシュ・フローの回収が見込めないと判断し、設備の帳簿価額を回収可能価額まで減額したためであります。」

    サイコックス取得を通じたSiC基板量産検証について、設備780百万円の減損損失を計上し、投下資本に見合うキャッシュ・フロー回収が見込めないと判断している。
  5. FY2018のれん全額減損・見通し悪化Annual report

    「被取得企業である㈱サイコックスの取得原価と時価純資産との差額によりのれんが481百万円発生しましたが、超過収益力が必ずしも見込めない状況であることから、当連結会計年度において全額を減損損失として計上しております。」

    SiC基板の量産検証を目的に取得したサイコックスについて、発生したのれん4億81百万円を全額減損損失として計上したと記載している。
  6. FY2018-Q3First statedAnnual report

    「On 30 October 2017, we acquired 51% of the shares of Psychox Co., Ltd., which was consequently included in the scope of consolidation from the third quarter. We acquired the shares to accelerate mass-production validation of SiC substrates by combining Psychox’s SiC substrate manufacturing technology with our substrate production technology, and to respond quickly to market needs by leveraging the information-gathering capabilities and sales network of KAGA ELECTRONICS CO.,LTD., which invested jointly with us in Psychox.」

    The company acquired 51% of Psychox on 30 October 2017, making it a consolidated subsidiary, and planned to combine its SiC substrate technology with the company’s production technology to validate mass production.
Moved together

"HPAL Technology Innovation and Recovery of New Resources" moved the same way as this thread, in the same document, in 2 of its 6 moves.

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  1. ★This thread
  2. 1HPAL Technology Innovation and Recovery of New Resources2×
  3. 2Three-Business Collaboration Centered on Battery Cathode Materials and Battery Recycling2×
  4. 3Exploration, Mine Development and Expansion of High-Quality Resource Interests2×
  5. 4Allocating R&D Resources to Priority Technology Areas2×
  6. 5Shareholdings to Strengthen Business and Financial Relationships2×
  7. 6Establishment of the Battery Materials Business Division and More Agile Materials Operations2×

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Mass-Production Validation of SiC Substrates Following the Acquisition of Psycorx | Sumitomo Metal Mining Co.,Ltd. (5713) | Komori