Stabilization and expansion of the LED business through a partnership with Nichia Corporation
First written in FY2016. 11 of 26 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「For lighting LEDs, the company began mass production of the CITILED COB Series Type-Y, which delivers high color rendering while maintaining high efficiency, in January 2023, followed by the New Color-Tunable COB Series in June 2025, and continued developing products that contribute to global CO2 reduction through energy savings.」
Following the existing CITILED COB Series Type-Y, the company began mass production of the New Color-Tunable COB Series in June 2025. - FY2025-H1WorsenedAnnual report
「Crystal devices posted lower revenue as demand in the PC and IoT-related markets failed to recover, while optoelectronics devices also posted lower revenue due to weak demand.」
Optoelectronics devices posted lower revenue due to weak demand, indicating that the recovery of the devices business, including LEDs, has not progressed. - FY2024AdvancedAnnual report
「For lighting LEDs, the company began mass production in January 2023 of the CITILED COB Series Type-Y, which delivers high color rendering while maintaining high efficiency, and continued developing products that contribute to global CO2 reduction through energy savings.」
The company began mass production of the CITILED COB Series Type-Y in January 2023, using LED-derived high-efficiency and high-color-rendering technology, and advanced products that contribute to energy savings and CO2 reduction. - FY2024-Q3RestatedAnnual report
「Within optoelectronics devices, chip LEDs posted lower revenue as the recovery in automotive LEDs remained delayed and lighting LEDs declined due in part to the economic slowdown in the Chinese and Asian markets.」
The delayed recovery of automotive LEDs and the decline in lighting LEDs due to the economic slowdown in China and other Asian markets continued, and chip LED revenue continued to decline. - FY2024-Q2RestatedAnnual report
「Within optoelectronics devices, chip LEDs posted lower revenue as lighting LEDs declined due in part to the delayed recovery of automotive LEDs and the economic slowdown in the Chinese and Asian markets, despite solid performance in gaming console and other applications.」
Gaming console and other applications remained solid, but lighting LEDs declined due to the delayed recovery of automotive LEDs and the economic slowdown in China and other Asian markets, with lower revenue continuing. - FY2024-Q1WorsenedAnnual report
「Within optoelectronics devices, chip LEDs posted lower revenue as lighting LEDs declined due in part to the delayed recovery of automotive LEDs and restrained capital investment, mainly in Western markets, despite solid performance in gaming console and other applications.」
Gaming console and other applications remained solid, but chip LED revenue declined due to the delayed recovery of automotive LEDs and the decline in lighting LEDs. - FY2023AdvancedAnnual report
「The company also announced a small RGB laser package in October 2022. Leveraging its small, high-heat-dissipation packaging technology developed for LEDs, it achieved a compact design housing three RGB laser colors in a single package. Sample shipments began for the AR glasses and pico-projector markets.」
The company extended its LED-derived miniaturization and high-heat-dissipation technology to RGB lasers and began sample shipments for AR glasses and pico projectors. It is also developing high-efficiency, long-life and environmentally conscious lighting LED products. - FY2023-Q2WorsenedAnnual report
「Within optoelectronics devices, chip LEDs posted lower revenue as automotive and lighting LEDs declined due in part to China’s lockdowns, despite solid performance in gaming console and other applications.」
Gaming console and other applications remained solid, but automotive and lighting LEDs declined due to lockdowns and other factors in China, resulting in lower chip LED revenue. - FY2023-Q1WorsenedAnnual report
「Within optoelectronics devices, chip LEDs posted lower revenue as automotive and lighting LEDs declined due in part to China’s lockdowns, despite solid performance in gaming console and other applications.」
Gaming console and other applications remained solid, but automotive and lighting LEDs declined due to lockdowns and other factors in China, resulting in lower chip LED revenue. - FY2022-Q3Higher optoelectronics revenue with differing trends by applicationAnnual report
「Within optoelectronics devices, chip LEDs posted higher revenue as automotive and lighting LEDs steadily increased sales, despite a decline in orders for amusement and other applications.」
While amusement and other applications declined, automotive and lighting LEDs grew, resulting in higher revenue amid differing trends by application. - FY2022-Q2AdvancedAnnual report
「Within optoelectronics devices, chip LEDs posted higher revenue as lighting LEDs steadily increased sales on the recovery of the Western and Chinese markets, while amusement and automotive LEDs also posted higher revenue.」
In addition to lighting LEDs for Western markets and China, amusement and automotive LEDs posted higher revenue, supporting the recovery of optoelectronics devices. - FY2022-Q1AdvancedAnnual report
「Within optoelectronics devices, chip LEDs posted higher revenue as lighting LEDs increased sales on recovering demand in Europe and China, while gaming console and automotive LEDs also posted higher revenue.」
Lighting LEDs for Europe and China recovered, while gaming console and automotive LEDs also posted higher revenue. - FY2021-Q3WorsenedAnnual report
「Within optoelectronics devices, chip LEDs posted lower revenue as demand declined in Western markets and China amid continuing severe price competition in lighting applications. Automotive LEDs also posted lower revenue, despite signs that the market was beginning to recover.」
Lighting chip LEDs continued to face price competition and declining demand in Western markets and China, while automotive LEDs also posted lower revenue. - FY2021-Q2WorsenedAnnual report
「Within optoelectronics devices, chip LEDs posted lower revenue as demand declined in the Western and Chinese markets amid continuing severe price competition in lighting applications. Automotive LEDs also posted lower revenue as sales failed to increase due to weak market conditions.」
Chip LED performance continued to deteriorate due to price competition in lighting applications, declining demand in Western markets and China, and weak automotive markets. - FY2021-Q1WorsenedAnnual report
「Within optoelectronics devices, chip LEDs posted lower revenue as demand fell particularly in the North American and European markets amid continuing severe price competition in lighting applications. Automotive LEDs also failed to increase sales due to weak market conditions, resulting in lower revenue.」
Amid continuing price competition in lighting applications, demand in North America and Europe and automotive LEDs remained weak, worsening optoelectronics performance. - FY2020WorsenedAnnual report
「Automotive chip LEDs and backlights declined, while lighting LEDs also faced severe price competition. The company focused on initiatives prioritizing profitability rather than following price competition, resulting in lower revenue for optoelectronics devices overall.」
Automotive, backlight and lighting applications remained weak, and optoelectronics devices overall posted lower revenue despite the company’s profitability-focused response. - FY2020-Q3WorsenedAnnual report
「Within optoelectronics devices, automotive chip LEDs posted lower revenue, while the company focused on initiatives prioritizing profitability rather than matching prices amid intense price competition in lighting applications. Backed by weakness in backlight units, optoelectronics devices overall posted lower revenue.」
Automotive, lighting and backlight unit applications remained weak, and optoelectronics devices overall posted lower revenue despite the adoption of a sales policy focused on profitability. - FY2019-Q3RestatedAnnual report
「Within optoelectronics devices, automotive chip LEDs continued to perform well, while sales of lighting products struggled as the company focused on proposing differentiated products rather than following the intensifying price competition, resulting in lower revenue for optoelectronics devices overall.」
While expanding automotive applications, the company continues to pursue a policy of proposing differentiated products for lighting applications rather than following price competition. - FY2019-Q1AdvancedAnnual report
「Within optoelectronics devices, automotive chip LEDs continued to perform well, while sales of lighting products struggled as the company focused on proposing differentiated products rather than matching prices amid intensifying price competition, resulting in lower revenue for optoelectronics devices overall.」
While expanding automotive applications, the company adopted a specific sales policy of avoiding price matching in lighting applications and focusing on proposals for differentiated products. Sales struggled. - FY2018-Q3AdvancedAnnual report
「In addition to higher sales of automotive backlight products, sales of lighting units also increased, resulting in higher revenue for optoelectronics devices overall.」
Sales of automotive backlights and lighting units increased, resulting in higher revenue for optoelectronics devices overall. - FY2018-Q2AdvancedAnnual report
「Sales of automotive backlight products increased, resulting in higher revenue for optoelectronics devices overall.」
Amid intensifying competition, sales of chip LEDs increased in developed and emerging markets, while sales of automotive backlights also expanded. - FY2018-Q1AdvancedAnnual report
「Amid intensifying competition, chip LED sales increased mainly in Asia, while sales for non-lighting applications, including automotive and gaming, remained solid.」
Amid intensifying competition, chip LED sales increased in Asia, while applications expanded to automotive, gaming and other areas. - FY2017-Q3RestatedAnnual report
「For LED products, we will pursue miniaturization, thinner designs and other strengths unique to the Group, while aiming to stabilize and expand profits through our capital and business partnership with Nichia Corporation.」
The company has reiterated its policy of stabilizing and expanding profits through smaller, thinner LED products and its partnership with Nichia Corporation. - FY2017-Q2AdvancedAnnual report
「Although price and performance competition in lighting applications has intensified, the market continues to expand as global awareness of energy conservation grows, and sales of chip LEDs increased steadily in Japan, Europe and Asia.」
Despite intensifying competition, sales of chip LEDs continue to expand in Japan, Europe and Asia. - FY2017-Q1AdvancedAnnual report
「Amid intensifying price and performance competition, particularly in lighting applications, sales of chip LEDs continue to expand, mainly in the domestic and European markets.」
Despite intensifying competition, sales of chip LEDs are expanding in Japan and Europe. - FY2016First statedAnnual report
「For LED products, we will pursue miniaturization, thinner designs and other strengths unique to the Group, while aiming to stabilize and expand profits through our capital and business partnership with Nichia Corporation.」
The company aims to stabilize and expand profits from LED products through miniaturization, thinner designs and its capital and business partnership with Nichia Corporation.