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Okamoto Glass (7746) · TargetWorsenedLatest Earnings (2026-08-07): "Advanced"

Commercialization of the Functional Thin-Film Business

First written in FY2016. 15 of 32 entries say "Advanced", first in FY2018. Latest entry: 2026-08-07.

32entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY2018-Q2AdvancedFY2019 – FY2021-Q2OtherFY2021-Q3 – FY20222016: 120162017: 220172018: 320182019: 420192020: 420202021: 320212022: 420222023: 420232024: 320242025: 120252026: 32026
Same theme, other companies
Expansion of functional thin-film technology into non-optical applications and commercializationA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. 2026-08-07AdvancedEarnings

    「Net sales in the Functional Thin Films and Glass business were ¥352 million, an increase of ¥142 million, or 68.0%, from the same period of the previous year, while segment profit, or operating profit, was ¥21 million, an increase of ¥62 million. The segment had reported a loss of ¥41 million in the first quarter of the previous consolidated fiscal year. Sales of glass polarizers increased.」

    The disclosure stated that sales in the Functional Thin Films and Glass business increased and that the business moved to segment profit, indicating improved profitability in commercialization.
  2. FY2026WorsenedAnnual report

    「Revenue for the consolidated fiscal year was ¥1,338 million, down ¥29 million, or 2.2%, from the previous fiscal year. Segment profit (operating profit) was ¥2 million, down ¥91 million, or 97.2%. As noted above, polarizer revenue declined, while revenue from decorative vapor deposition on glass containers increased.」

    The segment including the Functional Thin Films business reported lower revenue, while operating profit declined 97.2%. Although revenue from decorative vapor deposition increased, the decline in polarizer revenue caused a substantial deterioration in the business's profitability indicators.
  3. 2026-05-15WorsenedEarnings

    「As noted above, sales of polarizers declined, while sales from decorative vapor deposition on glass containers increased.」

    The Functional Thin Films and Glass business continued to report lower polarizer sales, indicating deterioration in the profitability of commercialization.
  4. FY2026-H1WorsenedAnnual report

    「③ Functional Thin Films and Glass Business Revenue for the six months ended 30 September was ¥471 million, a decrease of ¥169 million, or 26.5%, from the same period of the previous year. The segment loss (operating loss) was ¥85 million, a deterioration of ¥100 million year on year, compared with segment profit of ¥15 million in the first six months of the previous fiscal year. Revenue from polarizers decreased.」

    The Functional Thin Films and Glass segment reported a 26.5% year-on-year decline in revenue, and operating results deteriorated from a ¥15 million profit to an ¥85 million loss. The decline in polarizer sales was cited as a factor.
  5. FY2025-H1AdvancedAnnual report

    「Revenue for the six months ended 30 September was ¥641 million, an increase of ¥32 million, or 5.4%, from the same period of the previous year. Segment profit (operating profit) was ¥15 million, an improvement of ¥23 million year on year, compared with a segment loss of ¥8 million in the first six months of the previous fiscal year. Revenue from glass polarizers increased, while revenue from decorative vapor deposition on glass containers decreased.」

    The Functional Thin Films and Glass segment reported a 5.4% year-on-year increase in revenue, and operating results turned from an ¥8 million loss to a ¥15 million profit. Sales of glass polarizers increased, while decorative vapor deposition on glass containers generated lower revenue.
  6. FY2024Higher sales, lower profitAnnual report

    「Revenue for the consolidated fiscal year was ¥1,288 million, an increase of ¥32 million, or 2.6%, from the previous fiscal year. Segment profit (operating profit) was ¥53 million, a decrease of ¥21 million, or 28.6%, from the previous fiscal year. Revenue increased from vapor-deposition processing for cockpit display systems and glass frit.」

    Revenue in the Functional Thin Films and Glass business increased, while operating profit declined 28.6%. Commercialization is continuing, but profitability deteriorated from the previous fiscal year.
  7. FY2024-Q3WorsenedAnnual report

    「③ Functional Thin Films and Glass Business Revenue for the nine months ended 30 June was ¥925 million, a decrease of ¥76 million, or 7.7%, from the same period of the previous year. The segment loss (operating loss) was ¥18 million, a deterioration of ¥115 million, or 118.6%, from the previous year, compared with segment profit of ¥97 million in the first nine months of the previous fiscal year.」

    Revenue in the Functional Thin Films and Glass business declined 7.7% year on year, and results deteriorated from operating profit of ¥97 million to an operating loss of ¥18 million. From a profitability perspective, the figures moved in the opposite direction from the progress through the previous fiscal year.
  8. FY2024-Q2WorsenedAnnual report

    「③ Functional Thin Films and Glass Business Revenue for the six months ended 30 June was ¥608 million, a decrease of ¥81 million, or 11.8%, from the same period of the previous year. The segment loss (operating loss) was ¥8 million, a decline of ¥88 million, or 111.4%, from the previous year, compared with segment profit of ¥79 million in the first six months of the previous fiscal year.」

    Revenue in the Functional Thin Films and Glass business declined 11.8% year on year, and operating results shifted from a profit of ¥79 million to a loss of ¥8 million. From a profitability perspective, commercialization has moved in a negative direction after the progress through the previous quarter.
  9. FY2024-Q1WorsenedAnnual report

    「③ Functional Thin Films and Glass Business Revenue for the three months ended 30 June was ¥317 million, a decrease of ¥37 million, or 10.6%, from the same period of the previous year. Segment profit (operating profit) was ¥16 million, a decrease of ¥32 million, or 66.3%, year on year.」

    Revenue in the Functional Thin Films and Glass business declined 10.6% year on year, while operating profit declined 66.3%. Against the previous progress in commercialization driven by decorative vapor deposition, frit and other products, profitability metrics deteriorated this quarter.
  10. FY2023Revenue growth and a sharp profit declineAnnual report

    「Revenue for the consolidated fiscal year was ¥1,256 million, an increase of ¥62 million, or 5.3%, from the previous fiscal year. Segment profit (operating profit) was ¥74 million, a decrease of ¥144 million, or 65.9%, from the previous fiscal year. Revenue from decorative vapor deposition on glass containers and frit increased, but profit declined owing to higher raw-material costs and other factors.」

    Revenue in the Functional Thin Films and Glass business increased 5.3%, but operating profit declined 65.9% because of higher raw-material costs and other factors.
  11. FY2023-Q3AdvancedAnnual report

    「Revenue for the nine months ended 30 June was ¥1,001 million, an increase of ¥163 million, or 19.4%, from the same period of the previous year. Segment profit (operating profit) was ¥97 million, an improvement of ¥5 million, or 6.2%, year on year. Revenue from decorative vapor deposition on glass containers and frit increased.」

    The Functional Thin Films and Glass business reported higher revenue and profit, with increased revenue from decorative vapor deposition and frit reflected in business performance.
  12. FY2023-Q2AdvancedAnnual report

    「Revenue for the first two quarters of the current consolidated cumulative period was ¥690 million, up ¥136 million, or 24.6%, from the same period of the previous year. Segment profit (operating profit) was ¥79 million, up ¥10 million, or 16.0%, from the same period of the previous year. Revenue from decorative vapor deposition on glass containers and frit increased.」

    The Functional Thin Films and Glass business reported a 24.6% increase in revenue and a 16.0% increase in segment profit. The disclosure cites higher revenue from decorative vapor deposition and frit, with progress in commercialization reflected in the figures.
  13. FY2023-Q1AdvancedAnnual report

    「Revenue for the first quarter of the current consolidated cumulative period was ¥354 million, up ¥63 million, or 21.7%, from the same period of the previous year. Segment profit (operating profit) was ¥48 million, up ¥6 million, or 16.2%, from the previous year. Revenue from decorative vapor deposition on glass containers and frit increased.」

    Revenue from decorative vapor deposition on glass containers and frit increased in the Functional Thin Films and Glass business, lifting revenue 21.7% and segment profit 16.2%. Progress in commercialization was reflected in the quarterly increase in revenue and profit.
  14. FY2022Declining revenue and higher profitAnnual report

    「Revenue for the consolidated fiscal year was ¥1,193 million, down ¥93 million, or 7.2%, from the previous fiscal year. Segment profit (operating profit) was ¥219 million, up ¥157 million, or 257.2%, from the previous fiscal year. Revenue from decorative vapor deposition on glass containers declined, while glass frit revenue increased.」

    Revenue in the Functional Thin Films and Glass business declined 7.2% because of lower decorative vapor deposition revenue, while operating profit increased 257.2%. Glass frit revenue increased.
  15. FY2022-Q3Lower decorative vapor deposition revenue, higher profitAnnual report

    「③ Functional Thin Films and Glass Business Revenue for the first three quarters of the current consolidated cumulative period was ¥838 million, down ¥225 million, or 21.2%, from the same period of the previous year. Segment profit (operating profit) was ¥91 million, up ¥20 million, or 28.7%, from the same period of the previous year. Revenue from decorative vapor deposition on glass containers declined, while glass frit revenue increased.」

    Revenue in the Functional Thin Films and Glass business declined 21.2%, while operating profit increased 28.7%. Decorative vapor deposition revenue declined, whereas glass frit revenue increased.
  16. FY2022-Q2Lower decorative vapor deposition revenue, broadly unchanged profitAnnual report

    「③ Functional Thin Films and Glass Business Revenue for the first two quarters of the current consolidated cumulative period was ¥553 million, down ¥175 million, or 24.0%, from the same period of the previous year. Segment profit (operating profit) was ¥68 million, unchanged from the same period of the previous year. Revenue from decorative vapor deposition on glass containers declined, while glass frit revenue increased.」

    Revenue in the Functional Thin Films and Glass business declined 24.0%, while operating profit was ¥68 million, unchanged year on year. Decorative vapor deposition revenue declined, whereas glass frit revenue increased.
  17. FY2022-Q1Lower decorative vapor deposition revenue, higher profitAnnual report

    「Revenue for the first quarter of the current consolidated cumulative period was ¥291 million, down ¥51 million, or 15.1%, from the same period of the previous year. Segment profit (operating profit) was ¥41 million, up ¥1 million, or 4.1%, from the previous year. Revenue from decorative vapor deposition on glass containers declined. Meanwhile, manufacturing costs decreased because the amount of fixed costs allocated declined as a result of increased production in the optical business.」

    Revenue in the Functional Thin Films and Glass business declined 15.1% because of lower decorative vapor deposition revenue, while operating profit increased 4.1% as the amount of fixed costs allocated declined with increased production in the optical business. Results shifted from the previous pattern of higher revenue and lower profit to lower revenue and higher profit.
  18. FY2021-Q3Higher sales, lower profitAnnual report

    「③ Functional Thin Films and Glass Business Revenue for the first three quarters of the current consolidated cumulative period was ¥1,064 million, up ¥169 million, or 19.0%, from the same period of the previous year. Segment profit (operating profit) was ¥71 million, down ¥31 million, or 30.5%, from the same period of the previous year (the segment loss in the first three quarters of the previous consolidated cumulative period was ¥30 million). Revenue increased as a result of the acquisition of 二光光学株式会社, including deposition on the surface glass of liquid-crystal displays for cockpits. Meanwhile, manufacturing costs increased because the amount of fixed costs allocated increased as a result of reduced production in the optical business.」

    Revenue increased, partly due to the contribution from the acquisition of 二光光学, while operating profit declined 30.5% year on year because the amount of fixed costs allocated increased as a result of reduced production in the optical business.
  19. FY2021-Q2AdvancedAnnual report

    「③ Functional Thin Films and Glass Business Revenue for the six months ended 30 June was ¥729 million, an increase of ¥151 million, or 26.2%, from the same period of the previous year. Segment profit (operating profit) was ¥68 million, an improvement of ¥20 million, or 43.7%, year on year. In addition to higher revenue from decorative vapor deposition on glass containers, revenue increased following the acquisition of Nikko Optics Co., Ltd., including vapor deposition on surface glass for cockpit LCD displays.」

    The Functional Thin Films and Glass business reported higher revenue and profit. Decorative vapor deposition on glass containers and deposition on the surface glass of cockpit liquid-crystal displays resulting from the acquisition of 二光光学 contributed to the increase in revenue. Progress in commercialization is reflected in the figures.
  20. FY2021-Q1AdvancedAnnual report

    「③ Functional Thin Films and Glass Business Revenue for the three months ended 30 June was ¥343 million, an increase of ¥95 million, or 38.3%, from the same period of the previous year. Segment profit (operating profit) was ¥40 million, an improvement of ¥39 million year on year, compared with segment profit of ¥1 million in the first three months of the previous fiscal year. In addition to higher revenue from decorative vapor deposition on glass containers, revenue increased following the acquisition of Nikko Optics Co., Ltd., including vapor deposition on surface glass for cockpit LCD displays.」

    The Functional Thin Films and Glass business reported higher revenue and profit, with expansion into new product areas, including the effects of the acquisition of 二光光学, reflected in quarterly results.
  21. FY2020AdvancedAnnual report

    「Revenue for the consolidated fiscal year was ¥1,143 million, up ¥296 million, or 34.9%, from the previous fiscal year. Segment profit (operating profit) was ¥107 million, an improvement of ¥172 million from the previous fiscal year (the segment loss in the previous fiscal year was ¥65 million). Revenue from decorative vapor deposition on glass containers increased.」

    Revenue in the Functional Thin Films and Glass business increased, and operating results shifted from a loss to a profit. The disclosure also cites an increase in revenue from decorative vapor deposition on glass containers.
  22. FY2020-Q3AdvancedAnnual report

    「③ Functional Thin Films and Glass Business Revenue for the first three quarters of the current consolidated cumulative period was ¥894 million, up ¥246 million, or 38.1%, from the same period of the previous year. Segment profit (operating profit) was ¥102 million, an improvement of ¥133 million from the same period of the previous year (the segment loss in the first three quarters of the previous consolidated cumulative period was ¥30 million). Revenue from decorative vapor deposition on glass containers increased.」

    Revenue in the Functional Thin Films and Glass business increased 38.1% year on year, and operating results shifted from a loss of ¥30 million in the same period of the previous year to a profit of ¥102 million. The disclosure also cites an increase in revenue from decorative vapor deposition on glass containers.
  23. FY2020-Q2AdvancedAnnual report

    「③ Functional Thin Films and Glass Business Revenue for the first two quarters of the current consolidated cumulative period was ¥577 million, up ¥163 million, or 39.4%, from the same period of the previous year. Segment profit (operating profit) was ¥47 million, an improvement of ¥77 million from the same period of the previous year (the segment loss in the first two quarters of the previous consolidated cumulative period was ¥29 million). Revenue from decorative vapor deposition on glass containers increased.」

    Revenue in the Functional Thin Films and Glass business increased 39.4% year on year, and operating results shifted from a loss of ¥29 million in the same period of the previous year to a profit of ¥47 million. The disclosure also cites an increase in revenue from decorative vapor deposition on glass containers.
  24. FY2020-Q1AdvancedAnnual report

    「Meanwhile, demand for decorative vapor deposition on glass containers has increased. To meet this rising demand, the clean room at 新潟岡本硝子株式会社 was completed, and production of decorative vapor deposition on glass containers began in June 2019.」

    For decorative vapor deposition on glass containers, the disclosure cites the completion of a clean room at 新潟岡本硝子 to meet rising demand and the start of production in June 2019.
  25. FY2019AdvancedAnnual report

    「We have commercialized decorative vapor deposition, which forms an iridescent film on the surface of cosmetic bottles. This time, applying decorative vapor deposition to chemically treated cosmetic bottles produced various colors and textures depending on the viewing angle. Going forward, we will propose new products using this technology. We also obtained design rights, named the product Pearl Clear, and filed an application for trademark registration.」

    The company states that it commercialized decorative vapor deposition on glass containers as part of its functional thin-film business, obtaining design rights and proceeding to file a trademark application for Pearl Clear.
  26. FY2019-Q3RestatedAnnual report

    「Decorative vapor deposition on glass containers using multilayer deposition technology, for which contract manufacturing began in February 2018, has seen production volumes increase steadily during the current fiscal year.」

    The company continues to state that production volumes for decorative vapor deposition on glass containers using multilayer deposition technology have increased steadily since contract manufacturing began.
  27. FY2019-Q2AdvancedAnnual report

    「Decorative vapor deposition on glass containers using multilayer deposition technology, for which contract manufacturing began in February 2018, has seen production volumes increase steadily during the current fiscal year.」

    For decorative vapor deposition on glass containers using multilayer deposition technology, the disclosure cites progress in actual production through increased production volumes since the start of contract manufacturing.
  28. FY2019-Q1AdvancedAnnual report

    「Revenue from decorative vapor deposition on glass containers, silver mirrors (Hi-Silver®), and frit (glass powder) increased.」

    The disclosure cites an increase in revenue from decorative vapor deposition on glass containers related to functional thin films, indicating continued progress in commercialization.
  29. FY2018AdvancedAnnual report

    「While expanding our Group's thin-film technology into fields other than optics, we will accelerate commercialization centered on the new Hi-Silver® product (silver mirror). We will establish a production system for increasing output of decorative vapor deposition on glass containers, for which demand is expected to grow.」

    In addition to its commercialization policy centered on Hi-Silver®, the company states that it began contract manufacturing of decorative vapor deposition on glass containers in February 2018, indicating that commercialization has progressed to the actual production stage.
  30. FY2018-Q2Specific allocation of investment fundsAnnual report

    「¥230,000,000 for capital investment by March 2020 in lens manufacturing for products using solid-state light sources, a new business, and in manufacturing for the functional thin-film business」

    The company disclosed plans to allocate ¥230 million to capital investment in the functional thin-film business by March 2020, making its previous commercialization policy more specific as a funding plan.
  31. FY2017RestatedAnnual report

    「While expanding our Group's thin-film technology into fields other than optics, we will accelerate commercialization centered on the new Hi-Silver® product (silver mirror).」

    The company is reiterating its policy of expanding functional thin films beyond optics and advancing commercialization centered on Hi-Silver®.
  32. FY2016First statedAnnual report

    「We will develop new products by applying our Group's thin-film technology to fields other than optics.」

    The company indicates that it intends to apply its thin-film technology outside optics and commercialize it through the development of new products.
Moved together

"Developing new businesses, including frit and functional thin films, into core operations" moved the same way as this thread, in the same document, in 19 of its 32 moves.

19117765★123456
  1. ★This thread
  2. 1Developing new businesses, including frit and functional thin films, into core operations19×
  3. 2Strengthening the Earnings Base through “Selection and Concentration”11×
  4. 3Dependence on the Projector Market and Optical Business7×
  5. 4Foreign Exchange Risk from Foreign-Currency Transactions7×
  6. 5Upgrades and expansion of key facilities and production capacity plans6×
  7. 6Risk of Impairment and Losses on the Sale of Fixed Assets5×

★ 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.

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Commercialization of the Functional Thin-Film Business | OKAMOTO GLASS CO.,LTD. (7746) | Komori