Strengthening the Profitability of Existing Businesses and Implementing the Growth Strategy
First written in FY2021. 11 of 17 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「Regarding sales of our diamond wire for semiconductor and difficult-to-cut material applications, customer acquisition and sales volume expansion have progressed smoothly, mainly among major domestic users of diamond wire, and the development of major domestic customers is nearly complete. In the next fiscal year, we aim to further increase revenue and turn this business into a profitable operation by raising the share of our products among domestic customers and developing overseas customers, primarily for semiconductor applications.」
In the D-Next business, acquisition of major domestic customers and expansion of sales volume progressed, and development of major domestic customers was nearly complete. The next steps identified were expanding domestic market share, developing overseas customers and turning the business into a profitable operation. - FY2026-H1RestatedAnnual report
「In the D-Next business, as in the first quarter, sales remained sluggish during the interim period because demand for diamond wire declined as domestic major customers' factory operating rates fell amid weak semiconductor and power semiconductor market conditions.」
Among the post-restructuring growth initiatives, sales of diamond wire for semiconductor and power semiconductor applications continued to be affected by weak market conditions and lower customer factory operating rates. - FY2025SoftenedAnnual report
「However, during the fiscal year, demand for semiconductors, particularly automotive semiconductors, remained weak, reducing wafer manufacturers' operating rates. As a result, sales of diamond wire for power semiconductor and difficult-to-cut material applications temporarily reached a plateau, and sales volume fell below plan. Regarding sales of diamond wire manufacturing equipment, there was no change in the delay in the domestic production of solar cells in India, and no progress was made in business discussions during the fiscal year.」
In the D-Next business, formal adoption of diamond wire and development of new customers progressed, but sales volume fell below plan due to weak semiconductor demand, and business discussions regarding PHX-01 for India made no progress. - FY2025-H1AdvancedAnnual report
「The number of companies formally adopting our diamond wire for power semiconductors and difficult-to-cut materials continues to increase, and mass-production adoption is progressing among major and mid-sized domestic companies. Customer share is also expanding, and sales volumes are increasing steadily.」
Under the post-restructuring growth initiatives, the D-Next business made progress in increasing the number of companies formally adopting its diamond wire, mass-production adoption, customer share and sales volume. Revenue increased 160.7% year on year to ¥124 million, but the segment loss continued at ¥66 million. - FY2024AdvancedAnnual report
「The number of companies formally adopting our diamond wire for power semiconductors and difficult-to-cut materials continues to increase, and mass-production adoption is progressing, mainly among major domestic customers. Our share within customers is also expanding steadily, and sales volumes are increasing steadily.」
Regarding the post-restructuring growth initiatives, full-year results showed increases in the number of companies formally adopting diamond wire for power semiconductor and difficult-to-cut material applications, mass-production adoption, customer share and sales volume. - FY2024-Q3AdvancedAnnual report
「In the D-Next business, the number of companies formally adopting our diamond wire for semiconductor and difficult-to-cut material applications has been steadily increasing. During the cumulative third-quarter period, we made mass-production sales to a total of 5 major customers with strong potential for expanded sales. We also continued business discussions regarding sales of diamond wire manufacturing equipment, targeting the Indian market.」
Under the post-restructuring growth initiatives, the number of major customers purchasing diamond wire for semiconductor and difficult-to-cut material applications in mass production increased to a total of 5. Business discussions regarding manufacturing equipment continued with a focus on the Indian market. - FY2024-Q2AdvancedAnnual report
「The number of companies formally adopting our diamond wire for semiconductor and difficult-to-cut material applications has been steadily increasing. During the cumulative second-quarter period, we made mass-production sales to a total of 4 major customers with strong potential for expanded sales. We also continued business discussions with several companies regarding sales of diamond wire manufacturing equipment, primarily for the Indian market.」
Regarding the post-restructuring growth initiatives, diamond wire for semiconductor and difficult-to-cut material applications progressed to mass-production sales to a total of 4 major customers. Business discussions regarding manufacturing equipment continued with several companies, primarily for the Indian market, but no contracts had been reported. - FY2024-Q1AdvancedAnnual report
「In the D-Next business, diamond wire sales remained sluggish because operating rates at domestic contract wafer slicing companies declined as a result of inventory adjustments in the semiconductor sector. However, the number of companies formally adopting our diamond wires for semiconductor applications has been steadily increasing, and during the cumulative first-quarter consolidated period we began volume production sales to 1 new major domestic customer. We are also continuing business discussions with multiple companies regarding sales of diamond wire manufacturing equipment, mainly for the Indian market.」
Regarding the post-restructuring growth initiatives, progress was reported in the start of mass-production sales of diamond wire for semiconductor applications to 1 new major domestic customer. For manufacturing equipment, business discussions with several companies, primarily for the Indian market, continued. - FY2023-Q3AdvancedAnnual report
「The number of companies formally adopting our semiconductor diamond wire has gradually increased, accompanied by higher sales volumes. Regarding sales of the new diamond wire manufacturing equipment, PHX-01, acceptance procedures for a sales project involving a Chinese diamond wire manufacturer were completed, and the consideration was recognized as revenue.」
As measures to strengthen the profitability of existing businesses, the number of companies formally adopting diamond wire for semiconductor applications and sales volumes continued to increase, and the PHX-01 sales project reached completion of customer acceptance and recognition of the consideration as revenue. - FY2023-Q2AdvancedAnnual report
「The number of companies formally adopting our diamond wires for semiconductor applications has been steadily increasing, and sales volumes of the diamond wires have also risen accordingly. In connection with sales of the new diamond wire manufacturing equipment (PHX-01) to a Chinese diamond wire manufacturer, part of the consideration was recognized as revenue.」
Under the post-restructuring growth initiatives, the number of companies formally adopting diamond wire for semiconductor applications and sales volumes increased. The PHX-01 new manufacturing equipment project had also advanced to the stage of recognizing part of the consideration for sales to a Chinese manufacturer as revenue. - FY2023-Q1AdvancedAnnual report
「The number of companies formally adopting our diamond wire for semiconductor applications has been gradually increasing, and sales volumes of the diamond wire have also risen accordingly. We are also pursuing business discussions with several overseas companies regarding sales of the new diamond wire manufacturing equipment.」
Under the post-restructuring growth initiatives, the number of companies formally adopting diamond wire for semiconductor applications and sales volumes increased. Business discussions with several overseas companies regarding the new manufacturing equipment were continuing, but no contracts had yet been reported. - FY2022-Q3SoftenedAnnual report
「Regarding transactions including the transfer of diamond wire production equipment to Jiangsu San Chao, the company filed for arbitration with SIAC (the Singapore International Arbitration Centre) on 17 November 2021, and we filed a counterclaim against the company on 1 December of the same year seeking payment of the outstanding consideration. We will assert the legitimacy of our position in the arbitration before SIAC.」
The equipment transfer project identified as a post-restructuring growth initiative had not reached completion and had moved to the stage of arbitration and a counterclaim concerning contract termination and claims for damages. Samples of diamond wire for semiconductor applications continued to be provided toward adoption for mass production, while negotiations regarding the new manufacturing equipment were ongoing with several companies but had not resulted in contracts. - FY2022-Q2AdvancedAnnual report
「In the electronic materials slicing-related business, sales of diamond wire for semiconductor applications have begun to some customers, and samples are being provided to develop new customers. We are also negotiating with several companies regarding sales of the new diamond wire manufacturing equipment, but no contracts have been concluded.」
Under the post-restructuring growth initiatives, sales of diamond wire for semiconductor applications began to some customers and samples were provided to prospective new customers. Meanwhile, negotiations regarding the new manufacturing equipment were ongoing with several companies, but no contracts had been concluded. - FY2022-Q1AdvancedAnnual report
「Due in part to the decision by certain manufacturers of difficult-to-cut materials to adopt the diamond wire for semiconductor applications under development, revenue was ¥6 million, an increase of ¥6 million from the same period of the previous year, while the segment loss was ¥99 million, compared with a segment loss of ¥91 million in the same period of the previous year.」
In the electronic materials slicing-related business, diamond wire for semiconductor applications was adopted by some manufacturers. Meanwhile, discussions regarding the equipment transfer project were continuing, and the segment loss widened. - FY2021First statedAnnual report
「Among our existing businesses, we will pursue an aggressive growth strategy in the special precision equipment business and the spinning nozzles for man-made fibers business while securing stable earnings. In the electronic materials slicing-related business, we will complete transactions including the transfer of diamond wire production equipment to Jiangsu San Chao, while also working to sell our newly developed diamond wire manufacturing equipment, PHX-01, and to develop and sell diamond wire for semiconductor applications.」
Following the structural reforms, the key issues for the existing businesses were identified as securing stable earnings and growth in special precision equipment and spinning nozzles for man-made fibers, completing the transfer of equipment in the electronic materials slicing-related business, selling PHX-01 and developing products for semiconductor applications.