Early Commercialization of New Technologies

「Although formal adoption progressed in some application fields, sales volumes remained small. In application fields with strong potential for mass production, including metal-ion adsorption, gas adsorption, separation membranes and electronic-component encapsulants, evaluations toward formal adoption by customers and end users are continuing.」

「Nanosized zeolite has already been formally adopted for cosmetic and toothpaste applications, and we are shipping small volumes of product-grade nanosized zeolite.」

「Formal adoption of nanoscale zeolite has been decided for toothpaste and other applications. However, customer and end-user evaluations for formal adoption continue in the electronic component encapsulant and gas adsorption fields, where expectations for mass production are high. Sample supplies for new application fields, including catalyst, separation membrane, and metal-ion adsorption applications, where inquiries are increasing, also continued.」

「During the fiscal year, nanoscale zeolite was formally adopted for cosmetics and toothpaste applications, and shipments of product-grade nanoscale zeolite began, albeit in small quantities.」

「For nanoscale zeolite, customer and end-user evaluations for mass-production adoption are continuing, and there has been no change in the expectation that mass production will begin in fiscal 2025. As before, we have continued supplying samples with the aim of developing new customers and new application fields, including catalyst applications, while working to improve awareness of nanoscale zeolite, including through participation in trade shows.」

「Mass production is expected to begin in fiscal 2025. In the next fiscal year, we will supply samples and exhibit at trade shows to develop new customers and application fields, work to improve awareness of nanoscale zeolite, and improve our production technology and productivity ahead of the start of mass production.」

「For nanoscale zeolite, which is being pursued as a new business, we continued to supply samples with the aim of securing mass-production customers and worked to improve awareness, including through participation in trade shows.」

「For nanoscale zeolite, which is being pursued as a new business, we continued to supply samples with the aim of securing mass-production customers and worked to improve awareness, including through participation in trade shows.」

「For nanoscale zeolite, which is being pursued as a new business, we continued efforts to improve awareness, including supplying samples and exhibiting at trade shows, with the aim of securing mass-production customers.」

「For nanoscale zeolite, which is being pursued as a new business, some customers have moved from the development stage to the end-user evaluation stage. Contract revenue related to the pilot plant was also recorded from 山全社, a business partner. As a result, sales were ¥75 million, up 559.9% year on year, and the segment recorded a loss of ¥97 million, compared with a segment loss of ¥120 million in the same period of the previous year.」

「For nanoscale zeolite, which is being pursued as a new business, some customers have moved from the development stage to the end-user evaluation stage. Contract revenue related to the pilot plant was also recorded from 山全社, a business partner. As a result, sales were ¥73 million, up 687.1% year on year, and the segment recorded a loss of ¥53 million, compared with a segment loss of ¥77 million in the same period of the previous year.」

「For nanoscale zeolite, which is being pursued as a new business, some customers have moved from the development stage to the end-user evaluation stage. Contract revenue related to the pilot plant was also recorded from 山全社, a business partner.」

「Installation of the pilot plant being developed for this business was scheduled for completion by March 2022, as originally planned.」

「For nanoscale zeolite, which is being pursued as a new business, we developed Zeoal-HQ (Zeoal Hydroquinone), which retains hydroquinone, a cosmetic ingredient, in zeolite, and are working to develop new demand. Although some customers have moved from the development stage to the commercialization stage, sales activities remained centered on sample work, and sales remained limited to small amounts related to the provision of samples and other activities.」

「For nanoscale zeolite, which is being pursued as a new business, some customers have moved from the development stage to the commercialization stage. Overall, however, activities remained centered on sample work, and sales remained limited to small amounts related to the provision of samples and other activities.」

「For the commercialization of nanoscale zeolite, samples are being supplied to various companies, including those in the transparent moisture-absorbing film, adhesive, paint, antibacterial and antiviral coating, cosmetics, and healthcare fields, with the aim of securing mass-production customers during the fiscal year ending March 2022.」

「We are pursuing the development of nanoscale zeolite as a new business and aim to commercialize it during the fiscal year ending March 2022, including by supplying samples to multiple companies.」

「This segment centers on the development business for nanoscale zeolite, which is being pursued as a new business. During the three-month period ended 30 June, activities were centered on R&D, and sales remained limited to small amounts related to the provision of samples and other activities.」

「During the nine-month period ended 31 December, development of the flow synthesis system was discontinued in connection with the withdrawal from the contract synthesis business.」

「We already sell flow synthesis equipment with an automatic search function for optimal reaction conditions, developed using our proprietary fine, high-precision channel-processing technology as its foundation. Since 2016, we have conducted joint research with the National Institute of Advanced Industrial Science and Technology to develop a proprietary flow synthesis system capable of performing the entire process from raw-material extraction through synthesis and purification in a single integrated process.」

「To strengthen its development structure for new products and achieve their early commercialization, our Group established the New Business Development Office on 1 October 2015 and has accelerated its R&D activities for new products toward these objectives.」