Expansion of the Advanced Functional Materials Business and Development of New Applications
First written in FY2016. 19 of 32 entries say "Advanced", first in FY2019-Q1. Latest entry: 2026-08-07.
0 other companies' latest entry also says "Advanced".
- 2026-08-07AdvancedEarnings
「Net sales in the advanced materials business were ¥2,075 million, up 27.4% year on year, as sales of titanium tetrachloride for multilayer ceramic capacitors (MLCCs) remained firm, supported by the growing AI server market, and sales volumes of high-purity titanium for sputtering targets for semiconductor applications increased on higher orders for certain high-end applications.」
Net sales in the advanced materials business increased 27.4% year on year due to products for MLCCs related to AI servers and higher orders for high-purity titanium for certain high-end applications. - FY2026WorsenedAnnual report
「Revenue in the Advanced Materials business for the fiscal year was ¥6,507 million, down 2.5% year on year, as the adjustment in the semiconductor market excluding AI-related applications continued, while the previous year included the effect of increased spot orders from certain customers for high-purity titanium used in sputtering targets for semiconductors. Operating profit fell 22.8% to ¥870 million, reflecting the decline in sales of this product.」
Revenue fell 2.5% and operating profit fell 22.8%, due to the reaction to the increase in spot orders in the same period of the previous year and the continued adjustment in the semiconductor market. Following the increase in profit in the previous interim accounting period, profit declined for the full year. - FY2026-H1Lower Sales, Higher ProfitAnnual report
「During the interim accounting period, net sales in the advanced materials business fell 8.2% year on year to ¥3,342 million, as the same period of the previous year included the effect of increased spot orders from some customers for semiconductor-related high-purity titanium for sputtering targets. In terms of profit and loss, although sales volumes of this product declined, the effect of an improved product mix and other factors resulted in operating profit of ¥681 million, up 5.9% year on year.」
Revenue in the Advanced Materials business fell 8.2% year on year, reflecting the reaction to the increase in spot orders in the same period of the previous year, while operating profit rose 5.9% due to improvements in the product mix and other factors. - FY2025-H1AdvancedAnnual report
「During the interim accounting period, net sales in the advanced materials business increased 74.0% year on year to ¥2,256 million, as sales volumes of high-purity titanium for semiconductor-related sputtering targets temporarily increased due to the recovery of inventory levels at customers and other factors.」
Sales volumes of semiconductor-related high-purity titanium temporarily increased as customers' inventory levels recovered and other factors came into play, resulting in a 74.0% year-on-year increase in net sales in the advanced materials business. Business profit also shifted from a loss of ¥159 million in the same period of the previous year to profit of ¥183 million. - FY2024WorsenedAnnual report
「During the current fiscal year, net sales fell 20.5% year on year to ¥3,023 million due to lower sales volumes of high-purity titanium for sputtering targets and spherical titanium alloy powder (alloy TILOP).」
While the policy of expanding the advanced materials business was maintained, net sales fell 20.5% due mainly to the sluggish semiconductor market and other factors, and the business recorded an operating loss of ¥126 million. - FY2024-Q3WorsenedAnnual report
「In the nine-month period ended in the third quarter, sales in the advanced materials business declined as net sales of high-purity titanium for semiconductor-related sputtering targets fell, resulting in net sales of ¥2,015 million, down 34.7% year on year. In terms of profit and loss, the impact of lower sales of this product was substantial, and the business recorded an operating loss of ¥239 million, compared with operating profit of ¥260 million in the same period of the previous year.」
Lower sales of semiconductor-related high-purity titanium resulted in a 34.7% year-on-year decline in net sales in the advanced materials business, while operating profit and loss shifted from profit of ¥260 million in the same period of the previous year to a loss of ¥239 million. - FY2024-Q2WorsenedAnnual report
「In the advanced materials business, the adjustment phase in the semiconductor market that began last autumn has continued.」
The adjustment phase in the semiconductor market continued, and net sales in the advanced materials business fell 41.7% year on year due mainly to lower sales of high-purity titanium. The business recorded an operating loss of ¥159 million, worsening from the net sales decline and operating loss in the previous quarter. - FY2024-Q1WorsenedAnnual report
「In the advanced materials business, the downturn in the semiconductor market that began last autumn has continued.」
In contrast to the recovery and growth recorded through the previous fiscal year, the semiconductor market downturn continued and sales of high-purity titanium declined. Net sales in the advanced materials business fell 33.1% year on year, and the business recorded an operating loss of ¥49 million. - FY2023AdvancedAnnual report
「In the advanced materials business, global semiconductor demand has deteriorated rapidly recently and the outlook requires close monitoring. However, during the current fiscal year, sales volumes of high-purity titanium for sputtering targets and spherical titanium alloy powder (alloy TILOP) continued to increase, and net sales rose 18.1% year on year to ¥3,801 million.」
Although the outlook for semiconductor demand was described as deteriorating, sales volumes of high-purity titanium and alloy TILOP increased, resulting in an 18.1% increase in net sales in the advanced materials business and a return to segment profit of ¥356 million. - FY2023-Q3AdvancedAnnual report
「In the advanced materials business, net sales increased 29.8% year on year to ¥3,087 million, as higher sales of semiconductor-related high-purity titanium for sputtering targets and spherical titanium alloy powder continued.」
Higher sales of semiconductor-related high-purity titanium and spherical titanium alloy powder continued, resulting in a 29.8% year-on-year increase in net sales in the advanced materials business. The expansion of the advanced materials business continued with accompanying numerical results. - FY2023-Q2AdvancedAnnual report
「In the advanced materials business, net sales increased 48.4% year on year to ¥2,224 million, due mainly to higher sales of high-purity titanium for semiconductor-related sputtering targets and spherical titanium alloy powder.」
Higher sales of semiconductor-related high-purity titanium and spherical titanium alloy powder resulted in a 48.4% year-on-year increase in net sales in the advanced materials business. - FY2023-Q1AdvancedAnnual report
「In the advanced materials business, net sales increased 38.9% year on year to ¥1,081 million, due mainly to higher sales of high-purity titanium for semiconductor-related sputtering targets.」
Against the backdrop of increased semiconductor-related demand, sales of high-purity titanium for sputtering targets increased, resulting in a 38.9% year-on-year increase in net sales in the advanced materials business. - FY2022AdvancedAnnual report
「In the advanced materials business, as semiconductor-related demand remained robust, sales of high-purity titanium for sputtering targets continued to increase, and together with higher sales of high-quality spherical titanium powder (TILOP), net sales increased 30.9% year on year to ¥3,217 million.」
Against the backdrop of semiconductor-related demand, sales of high-purity titanium increased, while higher sales of spherical titanium powder also contributed, resulting in a 30.9% increase in net sales in the advanced materials business. However, the segment recorded a loss due to inventory write-downs and upfront investment in the development of SiO anode materials. - FY2022-Q3AdvancedAnnual report
「In the advanced materials business, amid continued robust semiconductor-related demand, high-purity titanium for sputtering targets continued to perform solidly, and together with higher sales of spherical titanium powder, net sales increased 32.4% year on year to ¥2,378 million.」
Robust semiconductor-related demand and solid performance by high-purity titanium continued, while higher sales of spherical titanium powder also contributed, resulting in a 32.4% year-on-year increase in net sales in the advanced materials business. - FY2022-Q2AdvancedAnnual report
「In the advanced materials business, amid continued robust semiconductor-related demand, high-purity titanium for sputtering targets continued to perform solidly, and together with higher sales of spherical titanium powder, net sales increased 29.7% year on year to ¥1,498 million.」
Robust semiconductor-related demand and solid performance by high-purity titanium continued, while higher sales of spherical titanium powder also contributed, resulting in a 29.7% year-on-year increase in net sales in the advanced materials business. - FY2022-Q1AdvancedAnnual report
「In the advanced materials business, amid continued robust semiconductor-related demand, high-purity titanium for sputtering targets was on a growth trajectory, and net sales increased 30.7% year on year to ¥778 million.」
Against the backdrop of continued robust semiconductor-related demand, net sales in the advanced materials business, led by high-purity titanium, increased 30.7% year on year, with the company stating that the business had entered a growth trajectory. - FY2021AdvancedAnnual report
「In the advanced materials business, net sales increased 24.9% year on year to ¥2,457 million, due mainly to higher net sales of high-purity titanium for semiconductor-related sputtering targets.」
Net sales in the advanced materials business increased 24.9% year on year, led by high-purity titanium, while segment profit also increased to ¥237 million. The results indicated progress in the growth of the advanced materials business. - FY2021-Q3AdvancedAnnual report
「Meanwhile, in the advanced materials business, net sales increased 23.7% year on year to ¥1,797 million, due mainly to higher net sales of high-purity titanium, a raw material for sputtering targets, following an increase in semiconductor-related demand.」
Higher sales of high-purity titanium following the increase in semiconductor-related demand resulted in a 23.7% year-on-year increase in net sales in the advanced materials business. The results indicated progress in the business's performance as it expanded. - FY2021-Q2AdvancedAnnual report
「Meanwhile, in the advanced materials business, net sales increased 18.7% year on year to ¥1,155 million, due mainly to higher net sales of high-purity titanium, a raw material for sputtering targets, following the recovery in semiconductor-related demand.」
Higher sales of high-purity titanium following the recovery in semiconductor-related demand resulted in an 18.7% year-on-year increase in net sales in the advanced materials business. The results indicated progress in expanding the advanced materials business. - FY2021-Q1AdvancedAnnual report
「This change was made because, following a review of the depreciation method for property, plant and equipment, excluding buildings acquired on or after 1 April 1998 and titanium production facilities (machinery and equipment), in connection with the start-up of a new plant for spherical titanium alloy powder (alloy TILOP) in the advanced materials business at the head office's Amagasaki plant from the current fiscal year, the company determined that adopting the straight-line method for depreciation would be a reasonable method that more appropriately reflects the business's actual circumstances, given the expectation that the equipment will operate stably over the long term.」
The company explicitly stated that the new alloy TILOP plant began operations in the current fiscal year, indicating that capital investment aimed at commercialising the advanced materials business and expanding production capacity had reached the operational stage. - FY2020AdvancedAnnual report
「During the current fiscal year, the company made capital investments of ¥1,012 million, primarily to expand production capacity for spherical titanium alloy powder (alloy TILOP).」
The company made capital investments of ¥1.012 billion during the current fiscal year toward the full-scale commercialisation of alloy TILOP and expansion of production capacity. - FY2020-Q3RestatedAnnual report
「In the advanced materials business, net sales fell 7.9% year on year to ¥1,452 million, due mainly to continued sluggish shipments of high-purity titanium amid the delayed recovery of the semiconductor market.」
The recovery of the semiconductor market was delayed and shipments of high-purity titanium remained sluggish, resulting in a 7.9% year-on-year decline in the advanced materials business. The situation regarding expansion of the advanced materials business showed no substantive improvement from the previous quarter. - FY2020-Q2WorsenedAnnual report
「In the advanced materials business, net sales fell 11.6% year on year to ¥973 million as shipments of high-purity titanium declined due to the slowdown in the semiconductor market.」
In the advanced materials business, shipments of high-purity titanium declined due to the slowdown in the semiconductor market, resulting in an 11.6% year-on-year decrease in net sales. - FY2019RestatedAnnual report
「Although demand for high-purity spherical titanium powder (high-purity TILOP) and spherical titanium alloy powder (alloy TILOP) increased, net sales fell 11.3% year on year to ¥2,060 million due to lower sales volumes of high-purity titanium.」
While demand for high-purity TILOP and alloy TILOP increased, the advanced materials business as a whole recorded lower net sales due to a decline in high-purity titanium sales volumes. - FY2019-Q2AdvancedAnnual report
「In the advanced materials business, although sales volumes of titanium powder for liquid-crystal panel applications (TILOP) and titanium alloy powder increased, net sales were essentially unchanged year on year at ¥1,101 million, due mainly to the delayed timing of high-purity titanium shipments, down 0.2% year on year.」
Sales volumes of TILOP for liquid-crystal panel applications and titanium alloy powder increased, indicating sales results related to the development of new applications in the advanced materials business. However, due mainly to the delayed timing of high-purity titanium shipments, business net sales remained at roughly the same level as in the previous year. - FY2019-Q1AdvancedAnnual report
「In the advanced materials business, net sales increased 1.5% year on year to ¥565 million, driven by higher sales volumes of titanium alloy powder and other products.」
Higher sales volumes of titanium alloy powder and other products resulted in a 1.5% year-on-year increase in net sales in the advanced materials business. The results indicated progress toward expanding the advanced materials business. - FY2018RaisedAnnual report
「Titanium alloy powder (alloy TILOP): position it as a future core business, pursue early market entry and business scale, establish a dedicated alloy TILOP plant, and set up an integrated manufacturing and sales team to expand sales」
The objectives and initiatives were expanded from developing new applications and markets to positioning alloy TILOP as a future core business and pursuing early commercialisation through a dedicated plant, an integrated manufacturing and sales team and research and development. - FY2017RestatedAnnual report
「We are also focusing on research and development to develop the market for powdered titanium, primarily targeting applications such as 3D printers, which have attracted considerable attention in recent years.」
As part of the development of new applications for the advanced materials business, the company reaffirmed its focus on developing the powdered titanium market, primarily targeting 3D printer applications. - FY2016First statedAnnual report
「Expansion of the advanced materials business (New business) Expansion into businesses such as titanium powder for additive manufacturing」
The company plans to pursue partnerships with customers and develop new applications for high-purity titanium, TILOP, titanium powder and other products.