Business structure centered on substrates for flat-panel displays (FPDs)
First written in FY2016. 3 of 38 entries say "Reframed", first in FY2022-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Updated revenue mix following the full-year product classification changeAnnual report
「The Company changed its product-category classifications from the fiscal year under review. Products for automotive applications and transport infrastructure previously classified under Mobility are now classified under Display, Semiconductors and Electronic Components, or Other, according to the nature of each product.」
The Company continues to apply, for the full year, a method that eliminates the Mobility category and reclassifies automotive and transportation infrastructure-related products by product characteristics. - 2026-05-15ReframedEarnings
「Beginning in the current fiscal year, we have changed the classification of product categories. Products for automotive applications and transportation infrastructure-related products, previously classified under Mobility, are now included in Display, Semiconductors and Electronic Components, or Other, depending on the nature of the product.」
モビリティ区分を廃止し、車載向け・交通インフラ関連製品を製品の性質に応じて3区分へ組み替える開示方法を通期でも確認している。 - FY2026-H1ReframedAnnual report
「Beginning with the interim accounting period, the company changed its product-category classification. Products for automotive applications and transportation infrastructure, previously classified under Mobility, are now classified under Displays, Semiconductors and Electronic Components, or Other, according to the nature of each product.」
The company abolished the previous mobility category and changed its disclosure method by reallocating automotive and transportation-infrastructure-related products to displays, semiconductors and electronic components, or other products according to the nature of each product. - FY2025Updated full-year sales by product and service categoryAnnual report
「The company manufactures and sells products for displays, mobility, semiconductors and electronic components, and other applications, sells film-forming-related materials, and provides film-forming-related services, among other activities.」
Full-year revenue was ¥1,600 million for Display, ¥1,225 million for Mobility, ¥1,520 million for Semiconductors and Electronic Components, and ¥934 million for Other. Revenue increased in Semiconductors and Electronic Components and Other, while Mobility reported a decline. - FY2025-H1Updated sales by product and service category for the interim periodAnnual report
「(Display) As a result, revenue was ¥763 million, up 14.5% year on year. (Mobility) As a result, revenue was ¥669 million, down 6.6% year on year. (Semiconductors and electronic components) As a result, revenue was ¥735 million, up 25.1% year on year. (Other) As a result, revenue was ¥208 million, down 9.8% year on year.」
Segment revenue for the interim period was updated. Display and Semiconductors and Electronic Components recorded revenue growth, while Mobility and Other recorded revenue declines. - FY2024Updated full-year sales by product and service categoryAnnual report
「The company manufactures and sells products for display, mobility, semiconductor/electronic component and other applications, sells materials related to film deposition, and provides film-deposition-related services.」
Full-year sales were ¥1,448 million for displays, ¥1,490 million for mobility, ¥1,224 million for semiconductors and electronic components, and ¥444 million for other products. Sales declined for displays, mobility and other products, while sales increased for semiconductors and electronic components. - FY2024-Q3Updated: Q3 sales by product and service categoryAnnual report
「(Display) As a result, sales were ¥1,034 million, down 40.6% year on year. (Mobility) As a result, sales were ¥1,153 million, down 21.1% year on year. (Semiconductors and electronic components) As a result, sales were ¥907 million, up 4.7% year on year. (Other) As a result, sales were ¥325 million, down 39.3% year on year.」
Cumulative nine-month net sales totaled ¥1,034 million for displays, ¥1,153 million for mobility, ¥907 million for semiconductors and electronic components, and ¥325 million for Other. Sales of semiconductors and electronic components increased, while sales in Other declined. - FY2024-Q2Updated second-quarter sales by product and service categoryAnnual report
「(Display) As a result, revenue was ¥667 million, down 45.7% year on year. (Mobility) As a result, revenue was ¥716 million, down 24.4% year on year. (Semiconductors and electronic components) As a result, revenue was ¥588 million, up 4.2% year on year. (Other) As a result, revenue was ¥231 million, down 31.7% year on year.」
Cumulative second-quarter sales were ¥667 million for Display, ¥716 million for Mobility, ¥588 million for Semiconductors and Electronic Components, and ¥231 million for Other. Display, Mobility and Other recorded lower sales, while Semiconductors and Electronic Components recorded higher sales. - FY2024-Q1Updated first-quarter sales by product and service category.Annual report
「(Display) As a result, sales were ¥316 million. (Mobility) As a result, sales were ¥343 million. (Semiconductors and electronic components) Orders for thin-film products for semiconductor wafers and printer components increased. As a result, sales were ¥313 million. (Other) Other thin-film products and related materials remained sluggish overall, although results varied by customer and product. As a result, sales were ¥116 million.」
FY2024-Q1 revenue was ¥316 million for Display, ¥343 million for Mobility, ¥313 million for Semiconductors and Electronic Components, and ¥116 million for Other. While Display and Mobility declined substantially, orders for semiconductor wafers and printer components increased in Semiconductors and Electronic Components. - FY2023Updated full-year sales by product and service categoryAnnual report
「(Display) As a result, revenue was ¥2,107 million, down 18.3% from the previous fiscal year. (Mobility) As a result, revenue was ¥1,821 million, up 14.0% from the previous fiscal year. (Semiconductors and electronic components) As a result, revenue was ¥1,144 million, up 11.5% from the previous fiscal year. (Other) As a result, revenue was ¥738 million, up 15.1% from the previous fiscal year.」
Full-year revenue was ¥2,107 million from Display, ¥1,821 million from Mobility, ¥1,144 million from Semiconductors and Electronic Components, and ¥738 million from Other. Revenue declined in Display, while the other segments recorded revenue growth. - FY2023-Q3Updated: Q3 sales by product and service categoryAnnual report
「(Display) Orders for antistatic films for LCD panels and transparent conductive films for touch panels for automotive instrument panels and wearable devices remained stable, while orders for smartphones, tablets, and gaming devices remained weak. As a result, net sales were ¥1,740 million. (Mobility) Orders for thin-film products for cover panels remained strong, supported by the production line introduced in the second half of the previous fiscal year. As a result, net sales were ¥1,462 million. (Semiconductors and Electronic Components) Orders for thin-film products for semiconductors and electronic components increased, including orders for metal wiring and electrode films for electronic components, while semiconductor-related business remained stable. As a result, net sales were ¥866 million. (Other) Other thin-film products and related materials continued to perform well overall, despite increases and decreases by customer and product. As a result, net sales were ¥536 million.」
Sales by segment for the cumulative third-quarter period were ¥1,740 million for Display, ¥1,462 million for Mobility, ¥866 million for Semiconductors and electronic components, and ¥536 million for Other. Mobility, Semiconductors and electronic components, and Other performed generally steadily and favorably, while orders for smartphones, tablets, and gaming devices in Display remained sluggish. - FY2023-Q2Updated second-quarter sales by product and service categoryAnnual report
「(Display) As a result, net sales were ¥1,228 million. (Mobility) As a result, net sales were ¥947 million. (Semiconductor and Electronic Components) As a result, net sales were ¥564 million. (Other) As a result, net sales were ¥338 million.」
Cumulative second-quarter revenue was ¥1,228 million for Display, ¥947 million for Mobility, ¥564 million for Semiconductors and Electronic Components, and ¥338 million for Other. - FY2023-Q1Updated first-quarter sales by product and service category.Annual report
「The Group operates in a single segment, the film deposition processing-related business, and therefore provides disclosure by product category.」
First-quarter sales were ¥586 million for displays, ¥590 million for mobility, ¥240 million for semiconductors and electronic components, and ¥151 million for other products. - FY2022Updated full-year sales by product and service categoryAnnual report
「(Display) As a result, revenue was ¥2,805 million, down 9.3% from the previous fiscal year. (Mobility) Thin-film products for mobility applications, including antireflective and antifouling films for cover panels and g.moth® film, continued to perform well. As a result, revenue was ¥1,810 million, up 29.7% from the previous fiscal year. (Semiconductors and electronic components) Thin-film products for semiconductors and electronic components, including energy devices, electronic components, optical devices and semiconductor parts, continued to perform well. As a result, revenue was ¥1,047 million, up 17.3% from the previous fiscal year. (Other) In other products, sales of film-deposition processing materials declined substantially due to production adjustments caused by semiconductor shortages. Sales from surface-processing solutions transactions also declined. As a result, revenue was ¥596 million, down 35.6% from the previous fiscal year.」
Full-year sales by category were updated. Sales increased for mobility and semiconductors and electronic components, while sales declined for displays and other products. - FY2022-Q3Updated: Q3 sales by product and service categoryAnnual report
「(Display) As a result, revenue was ¥2,133 million, down 6.2% year on year. (Mobility) As a result, revenue was ¥1,218 million, up 15.9% year on year. (Semiconductor/electronic components) As a result, revenue was ¥778 million, up 23.0% year on year. (Other) Sales of film-deposition-related products declined substantially due to production adjustments caused by the semiconductor shortage. As a result, revenue was ¥440 million, down 25.9% year on year.」
Following the reclassification, the breakdown was ¥2,133 million for Display, ¥1,218 million for Mobility, ¥778 million for Semiconductors and Electronic Components, and ¥440 million for Other. - FY2022-Q2Updated second-quarter sales by product and service categoryAnnual report
「(Display) As a result, revenue was ¥1,470 million, up 3.1% year on year. (Mobility) As a result, revenue was ¥753 million, up 7.7% year on year. (Semiconductors and electronic components) As a result, revenue was ¥521 million, up 40.1% year on year. (Other) As a result, revenue was ¥283 million, down 31.0% year on year.」
Under the revised classification, sales were ¥1,470 million for Display, ¥753 million for Mobility, ¥521 million for Semiconductor and Electronic Components, and ¥283 million for Other. - FY2022-Q1ReframedAnnual report
「As the Group operates in a single segment, the deposition-processing-related business, information is presented by type of product and service. In addition, the product and service classifications were changed from the beginning of the first quarter of the current consolidated fiscal year, and comparisons and analysis for the cumulative first quarter are presented based on the revised classifications.」
The classifications have changed from “FPD substrates and other” to “Display,” “Mobility,” “Semiconductors and electronic components,” and “Other,” reorganizing the method of disclosing the business structure. - FY2021Updated full-year product mixAnnual report
「(FPD substrates) As a result, net sales were ¥3,102 million, up 8.8% from the previous fiscal year. (Other) As a result, net sales were ¥3,203 million, up 23.4% from the previous fiscal year.」
Full-year sales were ¥3.102 billion for FPD substrates and ¥3.203 billion for other products. Other products exceeded FPD substrates for the first time and accounted for approximately 50.8% of total sales. - FY2021-Q3Updated the third-quarter product mixAnnual report
「(FPD substrates) As a result, revenue was ¥2,284 million, up 6.8% year on year. (Other) Antireflective and antifouling films for cover panels continued to perform well, mainly for automotive applications. In addition, sales to various electronic-component applications increased as a result of sales activities for a wide variety of products. As a result, revenue was ¥2,269 million, up 18.6% year on year.」
For the first 9 months, FPD substrates generated ¥2,284 million and other products generated ¥2,269 million, accounting for approximately 50.2% and 49.8%, respectively. Both items remained roughly evenly matched for the second consecutive quarter. - FY2021-Q2Updated second-quarter product mixAnnual report
「(Substrates for FPDs) Although orders for antistatic films for liquid crystal panels and transparent conductive films for touch panels for automotive applications increased as meter panels and other displays increasingly adopted flat-panel display technology, orders for smartphones, which were initially strong for some Chinese smartphone manufacturers, declined substantially toward the second half due to the impact of US-China tensions. As a result, net sales were ¥1,425 million, up 0.8% year on year. (Other) Antireflective and antifouling films for cover panels continued to grow, mainly for automotive applications. Although orders for prototypes and other products declined due to the impact of COVID-19, other products generally remained stable. As a result, net sales were ¥1,484 million, up 14.1% year on year.」
For the six-month period, substrates for FPDs generated sales of ¥1,425 million and other products generated sales of ¥1,484 million, making other products account for more than half of the total for the first time. - FY2021-Q1Updated the first-quarter product mixAnnual report
「(Substrates for FPDs) As a result, sales were ¥720 million, down 8.8% year on year. (Other) Among other products, sales of anti-reflective and antifouling films for cover panels increased significantly, while other products also remained stable as the impact of COVID-19 infections was limited. As a result, sales were ¥793 million, up 26.0% year on year.」
In the first quarter, substrates for FPDs accounted for ¥720 million and other products for ¥793 million, with other products accounting for more than half of sales. Other products exceeded substrates for FPDs on a quarterly basis, compared with the FPD substrate-centered composition at the end of the previous fiscal year. - FY2020Updated full-year product mixAnnual report
「(FPD substrates) As a result, net sales were ¥2,852 million, down 11.0% from the previous fiscal year.」
Full-year net sales were ¥2,852 million for FPD substrates and ¥2,596 million for other products, with FPD substrates accounting for approximately 52.3%. Sales declined for both product categories. - FY2020-Q3Updated the third-quarter product mixAnnual report
「(Substrates for FPDs) As a result, sales were ¥2,137 million, down 10.2% year on year. (Other) Sales of cover-panel products remained stable, but orders for other thin-film products declined amid the overall market downturn. As a result, sales were ¥1,913 million, down 20.2% year on year.」
For the first 9 months, FPD substrates generated ¥2,137 million and other products generated ¥1,913 million, with FPD substrates accounting for approximately 52.8%. Revenue declined year on year for both items. - FY2020-Q2Updated second-quarter product mixAnnual report
「(FPD substrates) As a result, revenue was ¥1,414 million, down 11.4% year on year. (Other products) Among other products, demand for cover panels remained stable, but orders for other thin-film products declined due to the overall market downturn. As a result, revenue was ¥1,300 million, down 14.9% year on year.」
For the 6-month period ended Q2, revenue was ¥1,414 million for FPD substrates and ¥1,300 million for other products, with FPD substrates accounting for approximately 52.1%. Revenue declined year on year for both product categories. - FY2020-Q1Updated the first-quarter product mixAnnual report
「(Substrates for FPDs) Orders for antistatic films for LCD panels declined as demand for tablet devices continued to slow. Orders for transparent conductive films for touch panels remained steady for car navigation systems, but declined for smartphones as demand for Chinese-brand smartphones stagnated. As a result, revenue was ¥790 million, down 7.5% year on year. (Other) For other products, orders for anti-reflective and antifouling films for cover panels remained steady, but orders for products other than cover panels declined across the board due to challenging market conditions. As a result, revenue was ¥630 million, down 11.7% year on year.」
In the first quarter, sales were ¥790 million for FPD substrates and ¥630 million for other products, with FPD substrates accounting for approximately 55.6%. Both categories posted lower revenue year on year. - FY2019Updated full-year product mixAnnual report
「(FPD substrates) Revenue was ¥3,205 million, down 23.3% from the previous fiscal year.」
For the full fiscal year, revenue was ¥3,205 million from substrates for FPDs and ¥3,081 million from Other, accounting for approximately 51.0% and 49.0%, respectively. The composition shifted from Other accounting for more than half as of the third quarter to substrates for FPDs accounting for slightly more than half for the full fiscal year. - FY2019-Q3Updated the third-quarter product mixAnnual report
「(Substrates for FPDs) As a result, revenue was ¥2,379 million, down 25.5% year on year. (Other) For other products, sales activities for thin-film products across a wide range of products and fields led to increased orders for anti-reflective and antifouling films for cover panels and optical films for projectors. As a result, revenue was ¥2,399 million, up 9.8% year on year.」
For the cumulative third quarter, substrates for FPDs accounted for ¥2,379 million and other products for ¥2,399 million. The composition ratio of substrates for FPDs fell to approximately 49.8%, and other products accounted for more than half for the first time. - FY2019-Q2Updated second-quarter product mixAnnual report
「(FPD substrates) As a result, revenue was ¥1,596 million, down 25.7% year on year. (Other) For other products, sales activities for thin-film products targeting a wide range of products and fields resulted in revenue of ¥1,528 million, up 4.5% year on year.」
For the cumulative second quarter, revenue from FPD substrates was ¥1,596 million and revenue from other products was ¥1,528 million, reducing the FPD substrate share to approximately 51.1%. - FY2019-Q1Updated the first-quarter product mixAnnual report
「(Substrates for FPDs) Antistatic films for LCD panels remained stable in the smartphone segment, but orders for tablet devices declined as panel production sites shifted to China. Orders for transparent conductive films for touch panels declined because touch panels for car navigation systems were shifting from resistive to capacitive technology and demand for Chinese smartphones was sluggish. As a result, sales were ¥854 million, down 27.1% year on year. (Other) For other products, sales efforts for thin-film products targeting a wide variety of products and fields led to an increase in orders from new product markets. However, sales were ¥713 million, down 0.5% year on year, owing mainly to a decline in orders for antireflective and antifouling films for digital cameras.」
First-quarter net sales totaled ¥854 million for FPD substrates and ¥713 million for Other products, with FPD substrates accounting for approximately 54.5% of total sales. - FY2018Updated full-year product mixAnnual report
「(FPD substrates) As a result, revenue was ¥4,176 million, down 23.8% from the previous fiscal year. (Other) …Revenue was ¥2,869 million, down 7.9% from the previous fiscal year.」
Full-year sales were ¥4,176 million for substrates for FPDs and ¥2,869 million for Other, with substrates for FPDs accounting for approximately 59.3% of total sales. - FY2018-Q3Updated the third-quarter product mixAnnual report
「(FPD substrates) Antistatic films for liquid-crystal panels remained stable for smartphones, but orders for tablets fell sharply because panel production sites were transferred to China. Transparent conductive films for touch panels remained stable for smartphones, but orders for car navigation systems fell sharply because demand for the resistive-film method has not recovered. As a result, net sales were ¥3,194 million, down 19.7% year on year. (Other) For other products, the company pursued sales of thin-film products for a wide range of products and fields, but sales were ¥2,185 million, down 7.0% year on year, due mainly to lower orders for antireflective and antifouling films, which had performed strongly in the previous fiscal year.」
For the nine months ended Q3, sales were ¥3,194 million from substrates for FPDs and ¥2,185 million from other products, with substrates for FPDs accounting for approximately 59.4% of the total. Revenue declined year on year in both categories. - FY2018-Q2Updated second-quarter product mixAnnual report
「(FPD substrates) As a result, revenue was ¥2,147 million, down 16.3% year on year. (Other) For Other Products, the company pursued sales activities for thin-film products for a wide range of products and fields in order to expand beyond FPD-related products and fields, but revenue was ¥1,462 million, down 6.8% year on year, due in part to a decline in orders for antireflection and antifouling films, which had performed well in the previous period.」
For the cumulative second quarter, FPD substrates totaled ¥2.147 billion and Other Products totaled ¥1.462 billion, with FPD substrates accounting for approximately 59.5% of the total. Sales declined year on year for both product categories. - FY2018-Q1Updated the first-quarter product mixAnnual report
「(FPD substrates) As a result, sales were ¥1,171 million, down 16.6% year on year. (Other) For other products, the company pursued sales activities for thin-film products across a wide range of products and fields in order to expand beyond FPD applications. However, sales were ¥717 million, down 7.4% year on year, due mainly to a decline in orders for antireflection and anti-fouling films, which had performed well in the previous fiscal year.」
First-quarter revenue was ¥1,171 million from substrates for FPDs and ¥717 million from other products, with substrates for FPDs accounting for approximately 62.0% of the total. Revenue declined year on year in both categories. - FY2017Updated full-year product mixAnnual report
「(Substrates for FPDs) As a result, net sales were ¥5,482 million, down 14.3% year on year. (Other) As a result, net sales were ¥3,116 million, down 3.6% year on year.」
Full-year sales were ¥5,482 million for substrates for FPDs and ¥3,116 million for other products, with substrates for FPDs accounting for approximately 63.8% of total sales. - FY2017-Q3Updated the third-quarter product mixAnnual report
「Because our group operates as a single segment engaged in the manufacture and sale of vacuum-deposition-related products and other products, we disclose results by product category.」
For the nine months ended the third quarter, revenue was ¥3,976 million from FPD substrates and ¥2,349 million from other products, with FPD substrates accounting for approximately 62.9% of total revenue. - FY2017-Q2Updated quarterly product compositionAnnual report
「Because our group operates as a single segment engaged in the manufacture and sale of vacuum-deposition-related products and other products, we disclose results by product category.」
For the six months ended the second quarter, revenue was ¥2,564 million from FPD substrates and ¥1,568 million from other products, with FPD substrates accounting for approximately 62.0%. - FY2017-Q1Updated quarterly product compositionAnnual report
「Because our group operates as a single segment engaged in the manufacture and sale of vacuum-deposition-related products and other products, we disclose results by product category.」
The single-segment business structure is reaffirmed. In the quarter, revenue from FPD substrates was ¥1,405 million and revenue from Other was ¥774 million, with FPD substrates accounting for approximately 64.5% of revenue. - FY2016First statedAnnual report
「Thin-film products for small- and medium-sized FPD substrates account for nearly 70% of our Group's business and are used mainly in mobile devices such as smartphones and tablets.」
Thin-film products for small- and medium-sized FPD substrates account for approximately 70% of the business, with mobile devices as the primary end market.