Expansion into New Businesses and Product Areas Centered on Precision Forging Technology
First written in FY2016. 18 of 31 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「In the Die business, we continue to advance the development of practical applications for Forging DX. As one outcome, “Sensing at the Deformation Point in Warm Forging” was presented at the 2026 Spring Conference on Plastic Working held in March 2026. The presentation reported the results of a sensing demonstration conducted under harsh conditions, including temperatures of up to 850°C and scattering lubricant, and the work is steadily progressing toward practical application. We are also strengthening our response to growth areas centered on Nichidai’s core technologies, including the development of high-precision machining technologies for dies used in semiconductor components and the development of deep-hole square-tube container formed products combining precision forging and rolling.」
The results of a sensing demonstration for Forging DX under high-temperature conditions with scattering lubricant were presented, and development has expanded to dies for semiconductor components and formed products made using precision forging and rolling. - FY2026-H1Decline in Precision Components business salesAnnual report
「Sales in the Precision Components business declined because the increase in overseas sales did not offset the decline in domestic sales. As a result, sales were ¥2,165 million, down 5.6% year on year.」
Although overseas sales increased in the Precision Components business, they did not offset the decline in domestic sales, resulting in a 5.6% year-on-year decrease. Despite a recovery trend in business areas including precision forged products, the interim period recorded a decline in sales. - FY2025AdvancedAnnual report
「As part of technology development supporting vehicle electrification, we conducted basic tests of a deep-hole square-tube container forming method combining precision forging and rolling.」
Basic tests were conducted on a new process combining precision forging and rolling for vehicle electrification applications, expanding the range of potential technology applications. - FY2025-H1AdvancedAnnual report
「Sales in the Precision Components business increased as turbocharger component sales rose both domestically and overseas. As a result, Precision Components business sales were ¥2,294 million, up 25.6% year on year.」
Domestic and overseas sales of turbocharger components increased in the Precision Components business, and sales rose 25.6% year on year. The recovery of business areas including precision forged products is shown with quantitative results. - FY2024-Q3Signs of recovery, but low levels persistAnnual report
「Although major models of turbocharger components showed signs of recovery, the Precision Components business remained at a low level. As a result, sales were ¥2,804 million, up 3.9% year on year.」
Major models of turbocharger components showed signs of recovery, and Precision Components business sales increased 3.9% year on year. However, the business remained at a low level, with signs of recovery coexisting with continued weakness. - FY2024-Q2Precision forged products increased but remained at a low levelAnnual report
「Although the Precision Components business remained at a low level, sales increased from the previous year as precision forged products increased. As a result, Precision Components business sales were ¥1,826 million, up 4.4% year on year.」
The Precision Components business posted a 4.4% year-on-year increase in sales as precision forged products increased, although the business remained at a low level. - FY2023AdvancedAnnual report
「In the Net Shape business, we are working to build a system that prevents defective products, a longstanding industry challenge, using the forging expertise, data and digital technologies we have developed to date. This initiative received the top prize at the IVI Monozukuri Award 2022.」
Progress was made in building a system that prevents defective products using forging expertise, data and digital technologies, and the initiative received the top prize at the IVI Monozukuri Award 2022. - FY2023-Q3WorsenedAnnual report
「Against this backdrop, automotive production remained unstable and had not yet achieved a full recovery, causing sales in the Net Shape business to remain at a low level. As a result, Net Shape business sales were ¥4,332 million, down 10.0% year on year.」
Unstable automotive production and the lack of a full recovery caused Net Shape business sales to fall 10.0% year on year. Weakness through the previous quarter continued, further worsening business performance. - FY2023-Q2WorsenedAnnual report
「Against this backdrop, sales in the Net Shape business remained weak due to the impact of stagnant automotive production. As a result, Net Shape business sales were ¥2,733 million, down 18.7% year on year.」
Net Shape business sales fell 18.7% year on year, with weakness caused by stagnant automotive production continuing from the previous fiscal year. - FY2023-Q1WorsenedAnnual report
「Against this backdrop, in the Net Shape business, domestic and overseas sales both declined from the previous year as the automotive industry remained weak domestically and overseas from the second half of the previous fiscal year. As a result, Net Shape business sales were ¥1,408 million, down 14.5% year on year.」
Net Shape business sales declined both domestically and overseas, falling 14.5% year on year. Results in the precision forging-related business deteriorated under the impact of the automotive industry’s weakness, which has continued since the second half of the previous fiscal year. - FY2022AdvancedAnnual report
「We are also developing a new process combining rolling and forging, as well as a system that can diagnose die conditions during forming (an intelligent die set plus a data collection device), to cultivate new business areas. We will continue these development activities by applying the knowledge gained during the current consolidated fiscal year.」
In addition to a combined rolling and forging process, development is under way on a die-condition diagnosis system using an intelligent die set and data collection device, expanding the application areas of precision forging technology. - FY2022-Q3AdvancedAnnual report
「Against this backdrop, although the Net Shape business remained above the previous year’s level, precision forging dies began to trend downward in the third quarter. As a result, Net Shape business sales were ¥4,815 million, up 36.2% year on year.」
Net Shape business sales recovered to a level above the previous year, rising 36.2% year on year. Meanwhile, precision forging dies began to trend downward in the third quarter, indicating a coexistence of overall business recovery and weakness in specific product areas. - FY2022-Q2AdvancedAnnual report
「Against this backdrop, the Net Shape business continued to recover from the second half of the previous year, resulting in sales above the previous year. As a result, Net Shape business sales were ¥3,360 million, up 43.7% year on year.」
The Net Shape business continued to recover from the second half of the previous year, with sales rising 43.7% year on year. - FY2022-Q1AdvancedAnnual report
「Against this backdrop, in the Net Shape business, domestic and overseas sales both trended higher year on year as the automotive industry recovered. As a result, Net Shape business sales were ¥1,646 million, up 41.5% year on year.」
Net Shape business sales increased both domestically and overseas, rising 41.5% year on year. A specific recovery from the sharp sales decline in the previous year is indicated. - FY2021-Q3WorsenedAnnual report
「Against this backdrop, sales in both the Die and Precision Forged Products segments of the Net Shape business declined year on year. Meanwhile, signs of recovery have emerged, including third-quarter orders in the Die segment reaching the same level as the previous year. As a result, Net Shape business sales were ¥3,536 million, down 38.3% year on year.」
Sales in both the Die and Precision Forged Products segments declined year on year, and Net Shape business sales fell 38.3% year on year. Meanwhile, third-quarter orders in the Die segment showed signs of recovery, reaching the same level as the previous year. - FY2021-Q2WorsenedAnnual report
「Against this backdrop, in the Net Shape business, although conditions varied among users, orders in the Die segment trended upward from the first quarter as some users recovered. Sales in both the Die and Precision Forged Products segments remained at approximately the same level as in the first quarter. As a result, sales were ¥2,338 million, down 42.4% year on year.」
Although orders trended upward from the first quarter as some users recovered, sales in both the Die and Precision Forged Products segments fell 42.4% year on year, indicating that deterioration in business performance continued. - FY2021-Q1WorsenedAnnual report
「Against this backdrop, in the Net Shape business, sales in both the Die and Precision Forged Products segments fell sharply as operations in the automotive industry stagnated both domestically and overseas. As a result, Net Shape business sales were ¥1,164 million, down 44.4% year on year.」
Sales in both the Die and Precision Forged Products segments fell sharply as automotive industry operations stagnated domestically and overseas, and Net Shape business sales fell 44.4% year on year. Results in the precision forging-related business deteriorated. - FY2020AdvancedAnnual report
「We also began developing a new process combining rolling and forging, as well as new products, to cultivate new business areas. We will use the knowledge gained during the current fiscal year to advance these development projects going forward.」
Development began on a new process combining rolling and forging and on new products, while prototype development testing also progressed for scrolls, a key component of electric compressors for automotive air conditioners. The scope of new products and new processes in precision forging has expanded into specific development projects. - FY2020-Q3WorsenedAnnual report
「Against this backdrop, in the Net Shape business, sales in the Die segment trended downward, while scroll compressor components for automotive air conditioners in the Precision Forged Products segment remained weak. As a result, sales were ¥5,733 million, down 7.6% year on year.」
Scroll compressor components for automotive air conditioners remained weak in the Precision Forged Products segment, and Net Shape business sales fell 7.6% year on year. The weak trend through the previous quarter continued as a specific decline in sales. - FY2020-Q2Weak performance in the Precision Forged Products segmentAnnual report
「Against this backdrop, in the Net Shape business, sales in the Die segment increased, while the Precision Forged Products segment remained weak. As a result, sales were ¥4,059 million, up 1.9% year on year.」
Although total Net Shape business sales rose 1.9% year on year, the Precision Forged Products segment remained weak. Results by segment indicate weakness in the expansion of the precision forged products business. - FY2020-Q1AdvancedAnnual report
「Against this backdrop, sales in the Net Shape business increased as the Die segment remained strong compared with the previous year. As a result, sales were ¥2,093 million, up 7.2% year on year.」
Net Shape business sales rose 7.2% year on year as the Die segment remained strong, continuing the expansion of the precision forging-related business. At the same time, the business is also described as having higher sales but lower profit. - FY2019AdvancedAnnual report
「In the Net Shape business, using a development and testing press, we conducted in-house concept studies and basic tests on low-load forming of helical gears, in addition to the hollow shafts and sheet forging work undertaken to date. This has become an important development project not only for forging technology but also for die-manufacturing technology. We also began work on developing a new process combining rolling and forging to cultivate new business areas.」
Concept studies and basic tests were conducted on low-load forming of helical gears, and development also began on a new process combining rolling and forging. The expansion of the precision forging technology domain is progressing through specific development projects. - FY2019-Q3AdvancedAnnual report
「Against this backdrop, in the Net Shape business, sales to key users of the Die segment remained firm, while scroll forgings for automotive air conditioners in the Precision Forged Products segment trended upward both domestically and overseas. As a result, Net Shape business sales were ¥6,204 million, up 19.5% year on year.」
Domestic and overseas scroll forgings for automotive air conditioners trended upward in the Precision Forged Products segment, and Net Shape business sales rose 19.5% year on year. The expansion of the precision forging-related business is shown with quantitative results. - FY2019-Q2AdvancedAnnual report
「Against this backdrop, in the Net Shape business, key users of the Die segment remained firm, while scroll forgings for automotive air conditioners also remained solid at both domestic and overseas facilities in the Precision Forged Products segment. As a result, Net Shape business sales were ¥3,983 million, up 19.1% year on year.」
Scroll forgings for automotive air conditioners remained solid at both domestic and overseas facilities in the Precision Forged Products segment, and Net Shape business sales rose 19.1% year on year. - FY2019-Q1AdvancedAnnual report
「Against this backdrop, in the Die segment of the Net Shape business, sales to domestic users increased, while overseas operations in India and the ASEAN region also remained firm. As a result, Net Shape business sales were ¥1,953 million, up 20.2% year on year.」
Sales to domestic users increased in the Net Shape business, while operations in India and the ASEAN region remained firm overseas. Business sales rose 20.2% year on year, providing quantitative evidence of expansion in the precision forging-related business. - FY2018AdvancedAnnual report
「Regarding testing of hollow shafts and sheet forging, we have been highlighting that the technology can also be applied to customers’ development testing, and customers have asked us to consider potential projects.」
Proposals to apply hollow-shaft and sheet-forging technologies using a double-action 5-axis press to customers’ development testing are progressing, and customers have asked us to consider potential projects. - FY2018-Q3AdvancedAnnual report
「Against this backdrop, in the Net Shape business, sales in the Die segment increased both domestically and overseas, while the Precision Forged Products segment also remained stable. As a result, Net Shape business sales were ¥5,192 million, up 4.9% year on year.」
Domestic and overseas sales in the Die segment both increased, while the Precision Forged Products segment remained stable. Net Shape business sales rose 4.9% year on year, providing quantitative evidence of progress in business areas including precision forging. - FY2018-Q2AdvancedAnnual report
「Meanwhile, sales in the Precision Forged Products segment exceeded the previous year, as overseas production remained strong.」
Overseas production remained strong in the Precision Forged Products segment, driving sales above the previous year. The progress of the precision forged products business through overseas production is specifically indicated. - FY2018-Q1AdvancedAnnual report
「Meanwhile, overseas production of scroll compressor components for air conditioners in the Precision Forged Products segment continued to trend upward.」
Overseas production of scroll compressor components for air conditioners trended upward in the Precision Forged Products segment, indicating progress in new products and overseas expansion. - FY2017RestatedAnnual report
「In anticipation of these industry trends, our Group has pursued the expansion of precision forging technology by developing precision forging dies and sheet forging technologies used to produce more precise components. In the Net Shape business, these R&D activities are intended not only to expand the range of new products in the core die business, but also to develop mass-produced products that leverage our proprietary technologies.」
The annual report continues to identify the established themes of developing precision forging dies and sheet forging technologies, expanding new product areas, and developing mass-produced products using proprietary technologies. - FY2016First statedAnnual report
「In anticipation of these industry trends, our Group has pursued the expansion of precision forging technology by developing thick-plate forging and thickening technologies, hollowing processes and other technologies. In the Net Shape business, these R&D activities are intended not only to expand the range of new products in the core die business, but also to develop mass-produced products that leverage our proprietary technologies.」
Precision forging is positioned as a core technology, with the expansion of new product areas in the die business and the development of mass-produced products using proprietary technologies identified as key challenges.