Komori
Ushio (6925) · InitiativeAdvanced

Strategic Investment in New Products, New Applications and New Business Commercialization

First written in FY2016. 5 of 11 entries say "Restated". Latest entry: FY2026.

11entries
11years
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2020AdvancedFY2024 – FY20262016: 120162017: 220172018: 020182019: 120192020: 120202021: 020212022: 020222023: 320232024: 120242025: 120252026: 12026
Same theme, other companies

113 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 190 companies compared. The sentences above are computed from all 190.Comparing 200 of the theme's 245 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「The Group's total R&D expenses for the fiscal year amounted to ¥13.547 billion, focused mainly on the Industrial Process and Visual Imaging businesses.」

    R&D expenses amounted to ¥13.547 billion, indicating continued and expanded strategic investment focused on the Industrial Process and Visual Imaging businesses.
  2. FY2026-H1AdvancedAnnual report

    「In terms of earnings, profits declined because, in addition to lower revenue, the company increased upfront investment related to exposure equipment, including DLT, and recorded an inventory valuation loss resulting from the delayed recovery in demand for exposure equipment.」

    The company increased upfront investment, including DLT, in the exposure equipment business, while also recording an inventory valuation loss due to the delayed recovery in demand.
  3. FY2024AdvancedAnnual report

    「The Group's total R&D expenses for the fiscal year amounted to ¥12.939 billion, focused mainly on the Industrial Process and Visual Imaging businesses.」

    R&D expenses increased from ¥11.460 billion to ¥12.939 billion, quantitatively demonstrating the expansion of growth and development investment focused on the Industrial Process and Visual Imaging businesses.
  4. FY2024-Q2RestatedAnnual report

    「In terms of earnings, profits declined because the company increased forward-looking strategic investment, including R&D, mainly in optical equipment, while sales of high-value-added products such as exposure lamps and exposure equipment decreased, lowering the profit margin.」

    The company continues to state its policy of expanding strategic investment, including R&D, mainly in optical equipment, and identifies the resulting burden as a factor behind lower earnings.
  5. FY2024-Q1RestatedAnnual report

    「Module sales for research and development applications increased, resulting in higher revenue. However, earnings declined because of increased strategic investment, including development costs and investment in human resources.」

    The company plans to expand strategic investment, including development costs and investment in human resources, while promoting module sales for research and development applications, and indicates that this investment will weigh on earnings.
  6. FY2023RaisedAnnual report

    「To build a management foundation supporting the business, we will fully pursue increased strategic investment, improved capital efficiency and ESG management.」

    The new medium-term management plan explicitly identifies increased strategic investment as a pillar of the management foundation, expanding the previous strategic investment policy.
  7. FY2020RestatedAnnual report

    「Regarding the contribution of M&A investment to performance, the company partially acquired an exposure equipment business in the fiscal year ended March 2019, but the number of completed M&A transactions remained below the initial expectations for the fiscal year.」

    The company has reaffirmed its view that the number of completed M&A transactions fell short of the initial expectations even after the acquisition of the exposure equipment business.
  8. FY2019Insufficient number of completed M&A transactionsAnnual report

    「In synergy-focused M&A, the company acquired an exposure equipment business, but the number of completed M&A transactions remained below expectations.」

    The company says it will continue to use M&A as a means of growth, while the number of completed transactions fell short of expectations.
  9. FY2017RestatedAnnual report

    「To maximize consolidated earnings and expand our light-related business for long-term growth, our group will strengthen existing businesses while actively pursuing strategic investment in new product development, the development of new applications and the commercialization of new businesses.」

    The annual plan continues to call for active strategic investment in new product development, the development of new applications and the commercialization of new businesses.
  10. FY2017-Q3RestatedAnnual report

    「In response to changes in the business environment, the Group is also actively pursuing growth strategies, including M&A. However, because these initiatives will take time to contribute to earnings, a pressing priority is to drive cost-structure reform and establish a more resilient management structure.」

    The company says it will continue to actively pursue growth strategies, including M&A, while noting that they will take time to contribute to earnings.
  11. FY2016First statedAnnual report

    「To address these challenges, we will actively make strategic investments in new product development, the development of new applications and the commercialization of new businesses in an effort to expand our operations.」

    The company identifies increased strategic investment as a specific measure to address its growth challenges.
Moved together

"Agile business development through alliances and investments" moved the same way as this thread, in the same document, in 4 of its 11 moves.

433333★123456
  1. ★This thread
  2. 1Agile business development through alliances and investments4×
  3. 2Expansion from Light Sources to Equipment, Systems and Solutions3×
  4. 3Focused Capital Investment in Growth and R&D Areas3×
  5. 4Flexible Capital Policy Through Share Repurchases3×
  6. 5Market Price Fluctuation Risk for Securities3×
  7. 633% GHG reduction by fiscal 2030 and carbon neutrality by 20503×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Ushio's next results are scheduled for 2026-11-06. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.