Early Commercialization and Scaling of New Businesses
First written in FY2016. 6 of 14 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 2 of 7 companies on the "Worse" side.
6 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the consolidated fiscal year, the event was held for the 6th time, with 2,683 entries, approximately 1.7 times the previous record-high figure.」
The Nitto Innovation Challenge was held for the 6th time, and the number of submissions increased to 2,683, approximately 1.7 times the previous figure. - FY2025AdvancedAnnual report
「During the consolidated fiscal year, the event was held for the 5th time, and the number of entries exceeded a record high of 1,500.」
The Nitto Innovation Challenge was held for the 5th time, and the number of ideas submitted rose to a record high of more than 1,500. - FY2022AdvancedAnnual report
「Since the previous consolidated fiscal year, the Nitto Group has solicited ideas for new businesses from group employees worldwide and held the Nitto Innovation Challenge. Nearly 1,000 new-business ideas are submitted each year, and teams that survive the rigorous screening process and reach the final selection continue working toward commercialization.」
The company operates a system that solicits approximately 1,000 new-business ideas annually from employees worldwide, with the finalist teams progressing to the stage of pursuing commercialization. - FY2021-Q1RestatedAnnual report
「This segment also includes new businesses that have not yet generated sufficient revenue from sales.」
The company has reaffirmed its recognition that some new businesses have not yet generated sufficient revenue from sales. - FY2020-Q3RestatedAnnual report
「This segment also includes new businesses that have not yet generated sufficient revenue from sales.」
The company has reiterated its recognition that some new businesses have not yet generated sufficient revenue from sales. - FY2020-Q2RestatedAnnual report
「This segment also includes new businesses that have not yet generated sufficient revenue from sales.」
The company has reiterated its recognition that some new businesses have not yet generated sufficient revenue from sales. - FY2020-Q1RestatedAnnual report
「This segment also includes new businesses that have not yet generated sufficient revenue from sales.」
The company has reiterated its recognition that some new businesses have not yet generated sufficient revenue from sales. - FY2019SoftenedAnnual report
「As one example, the company announced its entry into the plastic optical cable business to enable next-generation high-speed, high-capacity communications. By leveraging its accumulated extrusion technology for optical films and access to a broad range of industries, it aims to begin mass production in fiscal 2020.」
The target for starting mass production of plastic optical cables was pushed back from fiscal 2019 to fiscal 2020. - FY2019-Q2RestatedAnnual report
「This segment also includes new businesses that have not yet generated sufficient revenue from sales.」
The company has reiterated its recognition that some new businesses have not yet generated sufficient revenue from sales. - FY2018AdvancedAnnual report
「As one example, the company announced its entry into the plastic optical cable business to enable next-generation high-speed, high-capacity communications. By leveraging its accumulated extrusion technology for optical films and access to a broad range of industries, it aims to begin mass production in fiscal 2019.」
As a specific example of a new business, the company announced its entry into plastic optical cables and set the milestone of beginning mass production in fiscal 2019. - FY2018-Q3RestatedAnnual report
「This segment also includes new businesses that have not yet generated sufficient revenue from sales.」
The company has reiterated its recognition that some new businesses have not yet generated sufficient revenue from sales. - FY2018-Q2Update on the monetization of new businessesAnnual report
「This segment also includes new businesses that have not yet generated sufficient revenue from sales.」
While promoting the early commercialization and expansion of new businesses, the company states that the Other segment includes new businesses that have not yet generated sufficient revenue from sales. - FY2017AdvancedAnnual report
「From fiscal 2017, in addition to the existing R&D Division, the company established the New Business Division, Intellectual Property Division and Process Technology Division, creating a 4-division structure for the group-wide technology organization.」
From fiscal 2017, the company established a 4-division structure for its group-wide technology organization, including the New Business Division, describing organizational progress toward commercializing new businesses. - FY2016First statedAnnual report
「In April 2015, the company also established the Multi-axis Creation Division to create new businesses. In cooperation with its global R&D centers, it is actively promoting the early commercialization of development themes and the expansion of new businesses, and will continue to create new businesses supporting the company's growth, including the Pengerex window heat-shielding and insulation film.」
The company established the Multi-axis Creation Division and is promoting the commercialization of development themes in cooperation with its R&D centers.