Developing new businesses, including frit and functional thin films, into core operations
First written in FY2016. 20 of 33 entries say "Advanced", first in FY2017. Latest entry: 2026-08-07.
No other company in this theme has enough history to compare yet.
- 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 Functional Thin Films and Glass business moved from a segment loss in the same period of the previous year to a profit, while sales also increased. - 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 Functional Thin Films and Glass segment reported a 2.2% decline in revenue, while operating profit fell by ¥91 million to ¥2 million. Polarizer revenue declined, whereas decorative vapor deposition revenue increased. - 2026-05-15WorsenedEarnings
「Net sales in the Functional Thin Films and Glass business were ¥1,338 million, a decrease of ¥29 million, or 2.2%, from the previous fiscal year, while segment profit, or operating profit, was ¥2 million, a decrease of ¥91 million, or 97.2%.」
The Functional Thin Films and Glass business, including new businesses, reported lower sales and a substantial decline in segment profit. - 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 business, including new businesses, reported a 26.5% decline in revenue, with operating results turning from a ¥15 million profit in the same period of the previous year to an ¥85 million loss. The disclosure indicates deterioration in earnings against the objective of developing new businesses into core businesses. - 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 business, including new businesses, reported a 5.4% increase in revenue, and operating results turned from an ¥8 million loss in the same period of the previous year to a ¥15 million profit. By product, revenue from glass polarizers increased, while revenue from decorative vapor deposition on glass containers declined. - FY2024Higher revenue but lower profit in the functional thin films and glass businessAnnual 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.」
The functional thin films and glass business, including new businesses, reported higher revenue, but operating profit declined 28.6%. Vapor-deposition processing for cockpit display systems and glass frit were identified as drivers of revenue growth. - 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.」
The functional thin films and glass business, including new businesses, reported a 7.7% decline in revenue, with operating results turning from a ¥97 million profit in the same period of the previous year to an ¥18 million loss. Earnings deterioration continued against the objective of developing new businesses into core businesses. - 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.」
The functional thin films and glass business, including new businesses, reported an 11.8% decline in revenue, with operating results turning from a ¥79 million profit in the same period of the previous year to an ¥8 million loss. Earnings indicators have deteriorated against the objective of developing new businesses into core businesses. - 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.」
The functional thin films and glass business, including new businesses, reported a 10.6% year-on-year decline in revenue, and segment operating profit fell 66.3%. The quarter saw deterioration in earnings against the objective of developing new businesses into core businesses. - FY2023Higher revenue but lower profit in the functional thin films and glass businessAnnual 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.」
The functional thin films and glass business, including new businesses, reported higher revenue, while operating profit declined 65.9%. The company disclosed higher revenue from decorative vapor deposition and frit. - 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.」
Revenue in the functional thin films and glass business, including new businesses, increased 19.4%, and operating profit increased 6.2%. The increase in revenue from decorative vapor deposition and frit was disclosed. The figures indicate progress toward developing new businesses into core businesses. - FY2023-Q2RestatedAnnual report
「Decorative vapor deposition on glass containers has become a new core business, while the company will further expand businesses including automotive components for next-generation vehicles, glass frit for 5G communications components, the free-fall deep-sea exploration vehicle “Edo-kko 1,” and pressure-resistant glass spheres. At the same time, it will expand its glass and optical solutions business by leveraging the group's quality assurance system and overseas network. Through these measures, the company will establish a revenue structure capable of generating earnings even if demand for projector components declines in the future.」
The company reiterated its policy of transforming its revenue structure by expanding decorative vapor deposition as a new core business, along with automotive components, frit for 5G applications, the Edo-kko 1 deep-sea exploration vehicle, pressure-resistant glass spheres and its solutions business. - FY2023-Q1AdvancedAnnual report
「Decorative vapor deposition on glass containers has become a new core business, while the company will further expand businesses including automotive components for next-generation vehicles, glass frit for 5G communications components, the free-fall deep-sea exploration vehicle “Edo-kko 1,” and pressure-resistant glass spheres.」
While maintaining decorative vapor deposition as a new core business, the company specifically listed the expansion of businesses including automotive components, frit for 5G communications components, the Edo-kko 1 deep-sea exploration vehicle and pressure-resistant glass spheres as measures for the quarter. Revenue in the functional thin films and glass business also increased 21.7%. - FY2022RestatedAnnual report
「Decorative vapor deposition on glass containers has become a new core business, while the company will further expand businesses including automotive components for next-generation vehicles, glass frit for 5G communications components, the free-fall deep-sea exploration vehicle “Edo-kko 1,” and pressure-resistant glass spheres.」
The company maintained its full-year policy of making decorative vapor deposition a new core business and expanding businesses including automotive components, frit for 5G communications components, the Edo-kko 1 deep-sea exploration vehicle and pressure-resistant glass spheres. - FY2022-Q3RestatedAnnual report
「Decorative vapor deposition on glass containers has become a new core business, while the company will further expand businesses including automotive components for next-generation vehicles, glass frit for 5G communications components, the free-fall deep-sea exploration vehicle “Edo-kko 1,” and pressure-resistant glass spheres, and shift to a revenue structure capable of generating earnings even when demand for projector reflectors and Fly-eye lenses declines.」
The company reiterated its policy of transforming its revenue structure by making decorative vapor deposition on glass containers a new core business and expanding businesses including automotive components, glass frit for 5G communications components, the Edo-kko 1 deep-sea exploration vehicle and pressure-resistant glass spheres. - FY2022-Q1AdvancedAnnual report
「Decorative vapor deposition on glass containers has become a new core business, while the company will further expand businesses including automotive components for next-generation vehicles, glass frit for 5G communications components, the free-fall deep-sea exploration vehicle “Edo-kko 1,” and pressure-resistant glass spheres, and shift to a revenue structure capable of generating earnings even when demand for projector reflectors and Fly-eye lenses declines.」
The company has positioned decorative vapor deposition on glass containers as a new core business and identified business expansion in automotive components, frit for 5G communications components, the Edo-kko 1 deep-sea exploration vehicle and pressure-resistant glass spheres. - FY2021-Q3AdvancedAnnual report
「④ Other Revenue for the nine months ended 30 June was ¥601 million, an increase of ¥71 million, or 13.5%, from the same period of the previous year. Segment profit (operating profit) was ¥84 million, an improvement of ¥48 million, or 134.0%, year on year. Revenue increased through contract work, including the design of glass-melting furnaces.」
Revenue in the Other business, including new businesses, increased 13.5%, and operating profit increased 134.0%. Contract work, including glass-melting furnace design, was identified as a driver of revenue growth. - 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.」
Revenue in the functional thin films and glass business, including new businesses, increased 26.2%, and operating profit rose to ¥68 million. In addition to decorative vapor deposition on glass containers, the acquisition of Nikko Optics contributed revenue from new fields. - 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.」
Revenue in the functional thin films and glass business increased 38.3%, while operating profit rose from ¥1 million in the same period of the previous year to ¥40 million. In addition to decorative vapor deposition on glass containers, the acquisition of Nikko Optics contributed revenue from vapor deposition on surface glass for cockpit LCD displays. - FY2020AdvancedAnnual report
「Revenue in the functional thin films and glass business was ¥1,143 million, an increase of ¥296 million, or 34.9%, from the previous fiscal year. Segment profit (operating profit) was ¥107 million, an improvement of ¥172 million year on year, compared with a segment loss of ¥65 million in the previous fiscal year.」
The functional thin films and glass business, including new businesses, increased revenue by 34.9% and turned from an operating loss to an operating profit of ¥107 million. - FY2020-Q3WorsenedAnnual report
「④ Other Revenue for the nine months ended 30 June was ¥530 million, a decrease of ¥225 million, or 29.9%, from the same period of the previous year. Segment profit (operating profit) was ¥36 million, a decrease of ¥83 million, or 69.7%, year on year. Revenue from the marine and special-purpose equipment business, whose main product is the Edo-kko 1 submarine, decreased.」
Revenue in the Other business, including new businesses, decreased 29.9%, and segment profit also declined 69.7%. The figures moved in the opposite direction from the revenue growth and profit expansion recorded in the same period of the previous year. - FY2020-Q2AdvancedAnnual report
「④ Other Revenue for the six months ended 30 June was ¥322 million, a decrease of ¥45 million, or 12.4%, from the same period of the previous year. Segment profit (operating profit) was ¥12 million, an improvement of ¥21 million year on year, compared with a segment loss of ¥9 million in the first six months of the previous fiscal year. Selling, general and administrative expenses, including research and development expenses, decreased.」
The Other business, including new businesses, reported lower revenue, while operating results turned from a ¥9 million loss in the same period of the previous year to a ¥12 million profit, owing to lower selling, general and administrative expenses, including research and development expenses. - FY2020-Q1AdvancedAnnual report
「Revenue for the three months ended 30 June was ¥248 million, an increase of ¥60 million, or 32.3%, from the same period of the previous year. Segment profit (operating profit) was ¥1 million, a decrease of ¥3 million, or 74.9%, year on year. Revenue from decorative vapor deposition on glass containers increased, while revenue from silver mirrors (Hi-Silver®) decreased.」
Revenue in the functional thin films and glass business increased 32.3% year on year, and the segment reported an operating profit. Revenue trends diverged by product, with silver-mirror revenue declining. - FY2019AdvancedAnnual report
「Revenue for the consolidated fiscal year was ¥1,775 million, an increase of ¥524 million, or 41.9%, from the previous fiscal year. Segment profit (operating profit) was ¥73 million, an improvement of ¥112 million year on year, compared with a segment loss of ¥39 million in the previous fiscal year. Revenue increased in the marine and special-purpose equipment business, whose main product is the Edo-kko 1 submarine, as well as in decorative vapor deposition on glass containers, silver mirrors (Hi-Silver®), washing-machine door glass and frit (glass powder).」
Revenue in the Other business, including new businesses, increased 41.9%, and operating results turned from a ¥39 million loss to a ¥73 million profit. - FY2019-Q3AdvancedAnnual report
「③ Other Revenue for the nine months ended 30 June was ¥1,403 million, an increase of ¥512 million, or 57.5%, from the same period of the previous year. Segment profit (operating profit) was ¥88 million, an improvement of ¥144 million year on year, compared with a segment loss of ¥55 million in the first nine months of the previous fiscal year. Revenue increased in the marine and special-purpose equipment business, whose main product is the Edo-kko 1 submarine, as well as in decorative vapor deposition on glass containers, silver mirrors (Hi-Silver®), washing-machine door glass and frit (glass powder).」
Revenue in the Other business, including new businesses, increased 57.5% year on year, and operating results turned from a ¥55 million loss in the same period of the previous year to an ¥88 million profit. The figures indicate progress toward developing new businesses into core businesses. - FY2019-Q2AdvancedAnnual report
「Revenue for the six months ended 30 June was ¥783 million, an increase of ¥244 million, or 45.3%, from the same period of the previous year. The segment loss (operating loss) was ¥39 million, an improvement of ¥28 million year on year, compared with a segment loss of ¥68 million in the first six months of the previous fiscal year. Revenue from decorative vapor deposition on glass containers, silver mirrors (Hi-Silver®), washing-machine door glass and frit (glass powder) increased.」
Revenue in the Other business, including new businesses, increased 45.3% year on year, while the operating loss narrowed from ¥68 million to ¥39 million. - FY2019-Q1AdvancedAnnual report
「Revenue for the three months ended 30 June was ¥363 million, an increase of ¥97 million, or 36.6%, from the same period of the previous year. The segment loss (operating loss) was ¥11 million, an improvement of ¥15 million year on year, compared with a segment loss of ¥27 million in the first three months of the previous fiscal year. Revenue from decorative vapor deposition on glass containers, silver mirrors (Hi-Silver®) and frit (glass powder) increased.」
Revenue in the Other business, including new businesses, increased 36.6% year on year, while the operating loss narrowed from ¥27 million to ¥11 million. - FY2018AdvancedAnnual report
「Revenue for the consolidated fiscal year was ¥1,251 million, an increase of ¥195 million, or 18.5%, from the previous fiscal year. The segment loss (operating loss) was ¥39 million, an improvement of ¥118 million year on year, compared with a segment loss of ¥157 million in the previous fiscal year.」
Revenue in the Other business, including new businesses, increased 18.5%, while the operating loss narrowed from ¥157 million to ¥39 million. The figures indicate progress toward mass production and profitability in the new businesses. - FY2018-Q3AdvancedAnnual report
「③ Other Revenue for the nine months ended 30 June was ¥890 million, an increase of ¥176 million, or 24.7%, from the same period of the previous year. The segment loss (operating loss) was ¥55 million, an improvement of ¥58 million year on year, compared with a segment loss of ¥113 million in the first nine months of the previous fiscal year. Revenue from frit (glass powder) and silver mirrors (Hi-Silver®) increased.」
Revenue in the Other business, including new businesses, increased 24.7% year on year, while the operating loss narrowed from ¥113 million to ¥55 million. - FY2018-Q2AdvancedAnnual report
「③ Other Revenue for the six months ended 30 June was ¥539 million, an increase of ¥91 million, or 20.4%, from the same period of the previous year. The segment loss (operating loss) was ¥68 million, an improvement of ¥37 million year on year, compared with a segment loss of ¥106 million in the first six months of the previous fiscal year. Revenue from washing-machine door glass and frit (glass powder) increased.」
Revenue in the Other business, including new businesses, increased 20.4% year on year, while the operating loss narrowed from ¥106 million to ¥68 million. - FY2018-Q1AdvancedAnnual report
「③ Other Revenue for the nine months ended 30 June was ¥266 million, an increase of ¥53 million, or 25.3%, from the same period of the previous year. The segment loss (operating loss) was ¥27 million, an improvement of ¥11 million year on year, compared with a segment loss of ¥39 million in the first nine months of the previous fiscal year. Revenue from frit (glass powder) increased.」
Revenue in the Other business, including new businesses, increased 25.3% year on year, while the operating loss narrowed from ¥39 million to ¥27 million. - FY2017AdvancedAnnual report
「The company plans to develop new businesses, including frit (glass powder) and functional thin films, as future core businesses. It intends to expand its frit business by specializing in high-mix, low-volume production to meet diverse customer needs.」
Revenue from Other businesses was ¥1,056 million, up 37.0% year on year, indicating that the expansion of new-business revenue was reflected in full-year results. - FY2016First statedAnnual report
「The company plans to develop new businesses, including frit (glass powder) and functional thin films, as future core businesses. It intends to expand its frit business by specializing in high-mix, low-volume production to meet diverse customer needs.」
In addition to its projector-centered business, the company has indicated a policy of developing frit and functional thin films as future core businesses.