Product expansion from upstream to downstream based on single crystals, and technology and business acquisitions
First written in FY2021. 9 of 15 entries say "Advanced", first in FY2023-Q3. Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1AdvancedAnnual report
「During the fiscal year ending February 2027, the Company has been acquiring the single-crystal growth furnaces in stages at no cost, and further free-of-charge acquisitions of the furnaces have occurred after the end of the interim consolidated accounting period.」
Following the transfer of Raicol, the transfer of assets from Raicol, consisting of the staged acquisition of single-crystal growth furnaces at no cost, is progressing. - 2026-05-28AdvancedManagement Plan
「While responding to changes in the market environment, we are flexibly reconfiguring our business portfolio and decisively reallocating management resources to growth areas.」
After Raicol’s deconsolidation, data centers, power semiconductors, micromachining, and optoelectronic integration were explicitly identified as new growth areas, alongside continued expansion in the quantum field. - FY2026ReframedAnnual report
「In February 2026, we transferred all shares in Raicol to reduce geopolitical risk and improve our financial position, and excluded the company from the scope of consolidation.」
The company’s focus shifted from expanding in the optical field through the acquisition and consolidation of Raicol to reviewing its business portfolio through the transfer of all shares in Raicol. - FY2025AdvancedAnnual report
「In December 2024, the company conducted an absorption-type company split transferring to Oxide Power Crystal Co. the business relating to the research and development, manufacture and sale of materials and related products for power semiconductors.」
The business relating to materials for power semiconductors was transferred through an absorption-type company split to a wholly owned subsidiary. This completed a specific organisational and business development step to expand the business based on single crystals into the power semiconductor field. - FY2025-Q1AdvancedAnnual report
「The Healthcare Business progressed broadly in line with plan. The New Business segment also progressed broadly in line with plan. Raicol’s revenue grew steadily and was slightly above plan.」
Revenue from the New Business segment, including Raicol, grew steadily and was slightly above plan. This indicates progress as the business expansion following the acquisition began to be reflected in consolidated results. - FY2024AdvancedAnnual report
「In March 2023, the company acquired Israel’s Raicol Crystals Ltd. (hereinafter, “Raicol”) and entered the new fields of space and defence, beauty and energy.」
Following the acquisition of Raicol, the New Business segment added the three fields of space and defence, beauty and energy, and generated revenue of ¥1,874 million in the fiscal year under review. - FY2024-Q2AdvancedAnnual report
「All revenue from Raicol Crystals Ltd. is recorded in the New Business segment.」
After acquiring 100% of Raicol and making it a subsidiary, the company began consolidating Raicol’s income statement from the second-quarter consolidated accounting period, progressing to the stage of incorporating its revenue into the New Business segment. - FY2024-Q1AdvancedAnnual report
「On 1 March 2023, the company acquired all shares of Raicol Crystals Ltd. and made it a wholly owned subsidiary.」
The acquisition of Raicol, which had previously been at the resolution and agreement-signing stage, was completed. This represents a specific expansion of the business fields to include the research, development, manufacture and sale of nonlinear optical crystals and electro-optic devices. - FY2023-Q3AdvancedAnnual report
「At a meeting of its Board of Directors held on 13 January 2023, the company resolved to acquire all shares of Raicol Crystals Ltd. (hereinafter, “Raicol”) and make it a subsidiary, and entered into a share transfer agreement on the same date.」
The company resolved to acquire all shares of Israeli crystal manufacturer Raicol and signed the agreement. The acquisition price was $25.3 million, with completion scheduled for 1 March 2023. The transaction represents progress toward a specific business acquisition aimed at expanding the business fields and creating synergies by adding nonlinear optical crystals and electro-optic devices. - FY2022RestatedAnnual report
「We began our business with the development and manufacture of single crystals, located upstream in the optical industry value chain. Leveraging our single-crystal development technology, we have expanded into downstream product groups in the optical field, including optical components, laser light sources and optical measurement instruments.」
The company reaffirms its business model of expanding from single crystals into optical components, lasers and optical measurement instruments. - FY2021First statedAnnual report
「We began our business with the development and manufacture of single crystals, located upstream in the optical industry value chain (*6). Leveraging our single-crystal development technology, we have expanded into downstream product groups in the optical field, including optical components, laser light sources and optical measurement instruments.」
Using single crystals as its core technology, the company has expanded its business into optical components, lasers and measurement instruments. Multiple technology and business acquisitions are also positioned as means of commercialising products and businesses.