Expansion into Non-Automotive Areas and Risk Diversification
First written in FY2016. 24 of 35 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-11-02.
The whole theme swung hardest in 2025: 5 of 27 companies on the "Worse" side.
15 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Going forward, we will focus on developing new products in high-value-added fields where demand for industrial filters is expected to increase, including aerospace, pharmaceuticals and next-generation environmental technologies, and will accumulate the technologies and expertise that will form the foundation for future sales.」
Aerospace, pharmaceuticals and next-generation environmental technologies were identified as high-value-added areas for new product development in expanding beyond automotive fields. - FY2026-H1AdvancedAnnual report
「Domestic sales were at approximately the previous year's level, while strong overseas sales resulted in higher Filter Business sales. As a result, sales were ¥1.206 billion, up 3.1% year on year.」
Overseas sales remained strong while domestic sales were at approximately the previous year's level, resulting in Filter Business sales growth of 3.1% year on year. The business continued to expand, including in non-automotive fields and overseas markets. - FY2025AdvancedAnnual report
「In the Filter Business, domestic sales declined because of a temporary drop in demand from a key customer, but higher overseas sales lifted sales to ¥2.376 billion, up 3.4% year on year. In addition to higher sales, improved product mix drove ordinary profit to ¥170 million, up 155.0% year on year.」
The Filter Business offset lower domestic sales with higher overseas sales, resulting in sales growth of 3.4% year on year and ordinary profit growth of 155.0%. Concrete progress is shown in business diversification and profitability, including in non-automotive fields. - FY2025-H1Overseas recovery but flat salesAnnual report
「Although domestic sales declined, overseas sales recovered from the previous year's weakness, keeping sales at approximately the same level. As a result, sales were ¥1.17 billion, down 0.8% year on year.」
Although overseas sales recovered from the previous year's weakness, domestic sales declined, leaving total Filter Business sales almost flat at down 0.8% year on year. - FY2024-Q3WorsenedAnnual report
「As overseas sales remained below the previous year's level, Filter Business sales were ¥1.754 billion, down 7.3% year on year.」
Overseas sales remained below the previous year's level, and sales declined 7.3% year on year. Weakness in overseas sales continued from the previous quarter, accompanied by a larger sales decline. - FY2024-Q2Sales decline due to weak overseas salesAnnual report
「Overseas sales remained weak, resulting in sales below the previous year. As a result, sales were ¥1.179 billion, down 4.3% year on year.」
Overseas sales were weak, and Filter Business sales declined 4.3% year on year. Weakness in overseas sales is evident in the theme of expansion in non-automotive fields and overseas markets. - FY2024-Q1Overseas sales below plan coexisting with domestic sales growthAnnual report
「Although overseas sales remained below the planned level, domestic sales increased in the Filter Business. As a result, Filter Business sales were ¥640 million, up 7.9% year on year.」
Although overseas sales fell short of the plan, domestic sales growth lifted Filter Business sales by 7.9% year on year. Expansion in non-automotive fields and overseas markets is shown alongside domestic growth and weakness overseas. - FY2023AdvancedAnnual report
「The Filter Business maintained stable sales throughout the year, with sales above the previous fiscal year's level. As a result, Filter Business sales were ¥2.506 billion, up 3.8% year on year.」
The Filter Business remained stable throughout the year, with sales increasing 3.8% year on year. The Company also indicated a policy of proposing filters to the hydrogen-related industry, continuing initiatives to expand in non-automotive fields. - FY2023-Q3AdvancedAnnual report
「The Filter Business maintained stable sales and generated sales above the previous year. As a result, sales were ¥1.893 billion, up 3.9% year on year.」
The Filter Business maintained stable sales, which increased 3.9% year on year. Expansion and diversification benefits, including in non-automotive fields, continued. - FY2023-Q2At the previous year's level while capturing new demandAnnual report
「The Filter Business generated sales at the same level as the previous year while capturing new demand. As a result, sales were ¥1.233 billion, up 0.9% year on year.」
While capturing new demand, Filter Business sales remained at approximately the previous year's level and increased 0.9% year on year. Although this did not result in substantial expansion following the sales growth trend through the previous fiscal year, the disclosure indicates that new demand is being captured. - FY2023-Q1At the previous year's level despite changes in demand mixAnnual report
「Although the demand mix changed, Filter Business sales remained at the same level as the previous year. As a result, sales were ¥593 million, down 1.3% year on year.」
As the demand mix changed, Filter Business sales remained at approximately the previous year's level, although they declined 1.3% year on year. The growth trend through the previous fiscal year, including overseas and non-automotive fields, gave way to near-flat performance this quarter. - FY2022-Q3AdvancedAnnual report
「The Filter business remained solid, particularly overseas, and sales remained above plan. As a result, Filter business sales totaled ¥1,821 million, up 4.0% year on year.」
The Filter Business, including non-automotive fields, performed solidly, particularly overseas. Sales were above the planned level and are up 4.0% year on year. - FY2022-Q2AdvancedAnnual report
「Domestic and overseas sales both remained solid in the Filter Business, keeping sales above the planned level. As a result, Filter Business sales were ¥1.222 billion, up 8.1% year on year.」
Domestic and overseas sales both remained solid in the Filter Business, with sales above the planned level and up 8.1% year on year. - FY2022-Q1AdvancedAnnual report
「Overseas sales performed strongly in the Filter Business. As a result, Filter Business sales were ¥601 million, up 3.5% year on year.」
Overseas sales performed strongly in the Filter Business, lifting sales by 3.5% year on year. Recovery in the business, including non-automotive fields and overseas markets, is shown with measurable results. - FY2021-Q3AdvancedAnnual report
「Meanwhile, products for key customers continued to perform strongly in the Filter Business, and sales continued to trend above the previous year. As a result, Filter Business sales were ¥1.751 billion, up 5.9% year on year.」
Strong sales of products for key customers and year-on-year sales growth continued, with Filter Business sales increasing 5.9% year on year. The business continued to expand, including in non-automotive fields. - FY2021-Q2AdvancedAnnual report
「Meanwhile, products for key customers continued to perform strongly in the Filter Business, following the first quarter, and sales were ¥1.13 billion, up 2.2% year on year.」
Strong sales of products for key customers continued from the first quarter, and Filter Business sales increased 2.2% year on year. The business continued to expand, including in non-automotive fields. - FY2021-Q1AdvancedAnnual report
「Meanwhile, products for key customers continued to perform strongly in the Filter Business. As a result, sales were ¥581 million, up 12.3% year on year.」
Strong sales of products for key customers continued, and Filter Business sales increased 12.3% year on year. The business continued to expand, including in non-automotive fields. - FY2020Reversal of special demand coexisting with strong key productsAnnual report
「Although the absence of special-demand projects as in the previous year resulted in lower sales, products for key customers performed strongly. As a result, Filter Business sales were ¥2.27 billion, down 13.1% year on year.」
The Filter Business declined 13.1% year on year because of the reversal of special-demand projects, while products for key customers performed strongly. Both the drivers of expansion and the decline from the reversal of special demand are present in the non-automotive expansion theme. - FY2020-Q3Continued decline from the reversal of special demand alongside strong domestic key productsAnnual report
「The Filter Business recorded lower cumulative sales for the first 3 quarters because there were no special-demand projects as in the previous year, but products for key domestic customers performed strongly. As a result, sales were ¥1.654 billion, down 11.3% year on year.」
Although sales continued to decline because there were no special-demand projects as in the previous year, products for key domestic customers performed strongly. Filter Business sales fell 11.3% year on year, with the reversal of special demand coexisting with strong key products in the non-automotive expansion theme. - FY2020-Q2Overseas sales growth coexisting with a decline from the reversal of special demandAnnual report
「Although sales to overseas markets and other areas increased, there were no special-demand projects that contributed sales in the previous year, resulting in lower sales. As a result, sales were ¥1.106 billion, down 14.1% year on year.」
Although sales to overseas markets and other areas increased, the absence of the previous year's special-demand projects caused Filter Business sales to fall 14.1% year on year. Expansion in non-automotive fields and overseas markets coexisted with a sales decline caused by the reversal of special demand. - FY2020-Q1Declining net sales due to the reversal of special demandAnnual report
「As there were no special-demand projects contributing sales in the previous year, Filter Business sales were ¥517 million, down 28.1% year on year.」
The Filter Business had no special-demand project in the previous year, and sales fell 28.1% year on year. This quarter showed a decline caused by the reversal of special demand in the context of business expansion, including non-automotive fields. - FY2019AdvancedAnnual report
「In addition to special demand from the power industry, sales to the healthcare industry and other areas increased. As a result, Filter Business sales were ¥2.611 billion, up 20.8% year on year.」
Sales to non-automotive customer segments, including the power and healthcare industries, increased, lifting Filter Business sales by 20.8% year on year. - FY2019-Q3AdvancedAnnual report
「Sales increased because of sales to the power industry and strong performance by key products, including large seawater strainers and products for healthcare applications. As a result, Filter Business sales were ¥1.865 billion, up 21.3% year on year.」
Sales to the power industry, of large seawater strainers and of products for healthcare applications increased, lifting Filter Business sales by 21.3% year on year. Expansion of non-automotive customer segments and applications is shown with measurable results. - FY2019-Q2AdvancedAnnual report
「Sales remained above the previous year, supported by strong performance in products for healthcare applications and other areas. As a result, Filter Business sales were ¥1.288 billion, up 31.2% year on year.」
Sales of products for healthcare applications and other areas remained strong, and Filter Business sales increased 31.2% year on year. - FY2019-Q1AdvancedAnnual report
「Sales increased substantially in the Filter Business due to a special-demand project for the power industry. As a result, Filter Business sales were ¥719 million, up 43.7% year on year.」
Special demand from the power industry increased Filter Business sales by 43.7% year on year. Sales growth in non-automotive customer segments is shown with concrete figures. - FY2018AdvancedAnnual report
「Sales of products for the pharmaceutical industry increased, as did sales at overseas subsidiary THAI SINTERED MESH CO., LTD. As a result, sales were ¥2.161 billion, up 11.3% year on year.」
Sales of products for the pharmaceutical industry and the overseas subsidiary increased, lifting Filter Business sales by 11.3% year on year. Expansion into non-automotive fields and overseas markets is progressing with measurable results. - FY2018-Q3AdvancedAnnual report
「Large seawater strainers recovered, while filters for the pharmaceutical industry also performed strongly. As a result, Filter Business sales were ¥1.537 billion, up 10.3% year on year.」
Large seawater strainers recovered and filters for the pharmaceutical industry remained strong. Filter Business sales, including non-automotive applications and customer segments, increased 10.3% year on year. - FY2018-Q2AdvancedAnnual report
「Although sales of large seawater strainers temporarily declined, strong performance by filters for the pharmaceutical industry resulted in sales exceeding the previous year. Filter Business sales were ¥982 million, up 3.0% year on year.」
Although sales of large seawater strainers temporarily declined, strong sales of filters for the pharmaceutical industry lifted Filter Business sales by 3.0% year on year. Expansion in non-automotive applications and customer segments is shown with concrete figures. - FY2018-Q1AdvancedAnnual report
「Oil-drilling filters produced by THAI SINTERED MESH CO., LTD. remained weak, but sales were at the same level as the previous year because sales to the pharmaceutical industry increased in addition to higher sales of large seawater strainers.」
While oil-drilling filters remained weak, sales of large seawater strainers and products for the pharmaceutical industry increased, advancing expansion into non-automotive applications and customer segments. - FY2017AdvancedAnnual report
「The Filter Business is pursuing growth strategies including the development of new applications and expansion into overseas markets by leveraging diffusion bonding, its core technology. Exhaust-gas purification systems for motorcycles remain at the prototype stage, but have received favorable customer evaluations, and we are working on joint development. In addition, we received an order for a newly developed component for the H3 rocket and will proceed with development while also passing on technology to younger engineers.」
Concrete progress in non-automotive fields and new applications includes establishing mass-production technology for large seawater strainers, customer evaluation and joint development of motorcycle exhaust-gas purification systems, and an order for a new H3 rocket component. Given the weakness in oil-drilling filters, the Company is also seeking to increase production of products other than those filters. - FY2017-Q2AdvancedAnnual report
「Sales in the Filter Business were ¥953 million, up 4.1% year on year, as higher sales of large seawater strainers and other products offset a substantial decline in sales of oil-drilling filters produced by overseas subsidiary THAI SINTERED MESH CO., LTD.」
Sales of large seawater strainers and other products increased, lifting Filter Business sales by 4.1% year on year. Concrete progress continues toward expansion in non-automotive fields. - FY2017-Q1AdvancedAnnual report
「In the Filter Business, sales increased due in part to higher production of large seawater strainers, despite weak performance by filters for oil drilling.」
The disclosure reports increased production of the large seawater strainers whose production moved into full swing in the previous fiscal year, together with higher Filter Business sales, indicating concrete progress toward business expansion. - FY2016First statedAnnual report
「Because the Filter Business sells to industries other than automotive, we believe its growth will drive expansion in non-automotive fields and, in turn, diversify risk across the Group. The Filter Business is pursuing growth strategies including the development of new applications and expansion into overseas markets by leveraging diffusion bonding, its core technology. Production of large seawater strainers used in ship ballast water treatment has recently moved into full swing, starting this fiscal year. In addition, we are accelerating efforts to commercialize MM (metal mesh) catalysts, which have been developed for installation in exhaust-gas purification systems for motorcycles, and are working to expand mass-produced products.」
The Filter Business is being expanded into non-automotive fields and used to diversify Group risk, with new applications, overseas markets, large seawater strainers and MM catalysts identified as key areas.