Increasing production of core products and expanding profitability while limiting large-scale capital investment
First written in FY2023. 5 of 11 entries say "Softened", first in FY2025. Latest entry: FY2026.
- FY2026SoftenedAnnual report
「To address these requirements, we proceeded with capital investment at the newly acquired site, including the construction of a laboratory building for new materials and a mass-production plant, and recorded contract development revenue as mass-production development progressed. In addition, we proceeded with capital investment to strengthen production capacity in preparation for the expansion of our market share.」
The direction has become clear: rather than continuing the previous approach of increasing production while restricting large-scale capital investment, the Group will continue investing in a laboratory building, mass-production plant and production-capacity enhancement for new-material mass production and market-share expansion. - FY2026-H1SoftenedAnnual report
「To address these requirements, we are preparing for mass production, including constructing a laboratory building for the new material on newly acquired land. We also recorded contract development revenue as development for mass production progressed. In addition, we made capital investments to strengthen production capacity in response to the expanded market share.」
The company’s direction became clearer: in addition to its previous policy of increasing production while limiting major capital investment, it is proceeding with construction of a laboratory building and investments to strengthen production capacity for mass production of the new material and the expanded market share. - FY2025SoftenedAnnual report
「At the same time, responding to increased demand and market share while achieving mass production of the new titanium-aluminide blade material is expected to require major capital investment and additional personnel, resulting in higher fixed costs.」
In contrast to the previous policy of limiting major capital investment, the company explicitly stated that major capital investment and additional personnel would be required for higher demand, expanded market share and mass production of the new material, indicating a willingness to accept higher fixed costs. - FY2024RaisedAnnual report
「We have secured sufficient production capacity to respond to the expanded market share and believe that production can be increased without major capital investment. By responding to increased demand for titanium-aluminide blades and the expanded market share while limiting major capital investment, we aim to contain increases in fixed costs and expand earnings power through further technological improvements.」
The company clarified that its established production-expansion policy would also be applied to the increased market share under the SAFRAN agreement. - FY2024-Q2RestatedAnnual report
「We also expect sales of titanium-aluminide blades for LEAP engines, our core business, to expand from the second half of the fiscal year.」
The company continues to expect sales of its core product to expand from the second half. No new achievement was reported. - FY2024-Q1RestatedAnnual report
「Accordingly, we also expect sales of titanium-aluminide blades for LEAP engines, our core business, to expand from the second half of the fiscal year.」
The company expected sales of its core product to expand in the second half, although first-quarter sales volumes were at the same level as in the previous year. - FY2023First statedAnnual report
「We intend to expand production without making major capital investments, thereby limiting increases in fixed costs, while further improving our technology to expand earnings power.」
The company plans to increase production by using existing capacity, automation, in-house production and process improvements.