Expanding new applications and shifting to high-performance, high-value-added products
First written in FY2016. 17 of 38 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-10-30.
32 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In fiscal 2025, demand for ARPRO increased in China and Taiwan in areas including battery packaging materials and packaging materials for AI servers, while business remained firm in North America. In Europe, demand for components related to HVAC (*) is showing signs of recovery but remained stagnant compared with fiscal 2023, resulting in an overall 8% increase in sales volume. Although demand is difficult to forecast for fiscal 2026 because of the worsening situation in the Middle East, we will continue to focus on expanding applications in non-automotive component fields, including HVAC-related components and reusable transport containers.」
ARPRO captured demand for battery packaging materials and packaging materials for AI servers, among others, resulting in an 8% increase in sales volume compared with fiscal 2023. Application expansion in non-automotive fields is also continuing. - FY2026-H1AdvancedAnnual report
「Sales of construction and civil engineering materials, centered on the foamed polystyrene extruded board Mira-Form, were roughly unchanged year on year for products sold to the construction and housing fields. However, revenue increased because the sales mix shifted toward high-value-added products such as Mira-Form Lambda and precut products, and sales to the civil engineering field increased.」
The sales mix shifted toward high-value-added products such as Mira-Form Lambda and precut products, contributing to higher revenue from construction and civil engineering materials alongside increased sales to the civil engineering field. - FY2025-H1A combination of lower sales of high-value-added products and higher revenue but lower profit from product price revisionsAnnual report
「The Group's operating results exceeded the same period of the previous year in revenue, mainly due to product price revisions. Operating profit was below the same period of the previous year, mainly because sales of high-value-added products declined.」
Revenue exceeded the same period of the previous year due to product price revisions, while operating profit fell below the same period of the previous year because sales of high-value-added products declined. Under the high-value-added product strategy, product price revisions, rather than higher sales volumes, continue to support revenue growth. - FY2024RaisedAnnual report
「For the materiality item "Contribution through environmentally responsive products," each business division will more actively promote product development and sales expansion toward the fiscal 2026 targets, including a 23% increase in ARPRO sales volume and a 15% increase in sales volume of building and housing insulation materials compared with fiscal 2023.」
In addition to the existing policy of expanding high-value-added products and their applications, sales volume targets for fiscal 2026 have been set for ARPRO and building and housing insulation materials. - FY2024-Q3A recovery trend in high-value-added products alongside slowing demand recovery and product price revisionsAnnual report
「Industrial materials, centered on the foamed polyethylene sheet Mira-Mat for industrial packaging materials and flat-panel displays, saw a recovery trend in sales of high-value-added products. However, demand recovery was slower than expected and sales declined, while sales of commodity products also fell, resulting in lower revenue. For the extrusion business as a whole, sales declined, but revenue was roughly unchanged year on year due to product price revisions and other factors.」
Sales of high-value-added products are recovering, but demand recovery has been slower than expected and sales have declined. For the extrusion business as a whole, product price revisions kept revenue roughly unchanged year on year. - FY2024-Q2A combination of partial growth in high-value-added products and lower sales volumes and higher costsAnnual report
「Sales of construction and civil engineering materials, centered on the foamed polystyrene extruded board Mira-Form, decreased in the civil engineering field and were roughly unchanged year on year in the construction and housing fields. However, revenue increased as a result of product price revisions and higher sales of high-value-added products. For the extrusion business as a whole, revenue decreased because sales declined despite progress on product price revisions.」
Construction and civil engineering materials generated higher revenue from product price revisions and increased sales of high-value-added products, while the extrusion business as a whole reported lower revenue because sales declined. - FY2024-Q1RestatedAnnual report
「For the extrusion business as a whole, sales decreased because lower sales outweighed the effect of product price revisions. Profit decreased due to lower sales of high-value-added products and sharply higher utility costs. For the bead business as a whole, sales decreased, but revenue increased due to product price revisions.」
As in the previous period, lower sales volumes, including value-added products, and higher revenue from product price revisions are occurring at the same time. In the extrusion business, lower sales of high-value-added products reduced profit, while in the bead business, price revisions supported higher revenue despite lower sales. - FY2023Coexistence of lower sales of high-value-added products and higher revenue from price revisionsAnnual report
「The industrial materials business, centered on Miramat, an expanded polyethylene sheet for industrial packaging and flat-panel displays, implemented product price revisions, but sales of high-value-added products decreased due to demand impacts from production adjustments for liquid-crystal panels, while general-purpose products also declined, resulting in lower revenue. For the extrusion business as a whole, sales were broadly in line with the previous period, but revenue increased due to product price revisions.」
While sales of both high-value-added and general-purpose products decreased, the extrusion business as a whole posted higher revenue due to product price revisions. - FY2023-Q3Coexistence of higher revenue from product price revisions and lower product salesAnnual report
「Sales of industrial materials products, centered on Miramat, an expanded polyethylene sheet for industrial packaging and flat-panel displays, increased due to product price revisions, despite lower sales of both high-value-added and general-purpose products. For the extrusion business as a whole, sales were broadly in line with the same period of the previous year, but revenue increased due to product price revisions. Profit decreased due to the impact of sharply higher raw material prices. As a result, net sales for the extrusion business were ¥32,009 million, up 8.8% year on year, and operating profit was ¥1,597 million, down 33.6%.」
Sales of both high-value-added and general-purpose products in the industrial materials business decreased, while revenue increased due to product price revisions. The situation indicates that price revisions, rather than higher volumes from upgrading value added, supported the increase in revenue. - FY2023-Q2Coexistence of higher revenue from product price revisions and flat sales of high-value-added productsAnnual report
「Sales of industrial materials products, centered on Miramat, an expanded polyethylene sheet for industrial packaging and flat-panel displays, were broadly in line with the previous period for both high-value-added and general-purpose products, but sales increased due to product price revisions.」
The company states that sales of high-value-added and general-purpose products were broadly in line with the previous period, while sales increased due to product price revisions, rather than from growth in the sales volume or revenue of high-value-added products. - FY2023-Q1AdvancedAnnual report
「In the Group’s results, net sales exceeded the same period of the previous year due to increased sales of high-value-added products and product price revisions. As a result, net sales for the first quarter of the current consolidated cumulative period were ¥30,977 million, up 14.8% year on year.」
The company reports that total net sales reached ¥30,977 million, up 14.8% year on year, due to increased sales of high-value-added products and product price revisions. It reports sales growth from higher value added together with the relevant figures. - FY2022-Q3AdvancedAnnual report
「In the Group’s results, net sales exceeded the same period of the previous year due to increased sales of high-value-added products and product price revisions.」
The company reports that total net sales exceeded the same period of the previous year due to increased sales of high-value-added products and product price revisions. - FY2022-Q2AdvancedAnnual report
「For the extrusion business as a whole, sales increased due to higher sales of high-value-added products and a recovery in demand.」
The company reports higher sales for the extrusion business as a whole due to increased sales of high-value-added products and a recovery in demand. - FY2022-Q1AdvancedAnnual report
「In the Group’s results, net sales exceeded the same period of the previous year due to increased sales of high-value-added products and a gradual recovery in demand.」
The company reports that total net sales exceeded the same period of the previous year due to increased sales of high-value-added products and a recovery in demand. - FY2021RestatedAnnual report
「Sales of industrial materials products, centered on Miramat, an expanded polyethylene sheet for industrial packaging and flat-panel displays, were broadly in line with the previous period because the significant increase in sales of high-value-added products in China and South Korea was offset by lower domestic sales and general-purpose products.」
While sales of high-value-added products in China and South Korea increased significantly, total sales were broadly in line with the previous period due to lower domestic sales and general-purpose products. - FY2021-Q3Coexistence of growth in some high-value-added products and lower overall revenueAnnual report
「Sales of industrial materials products, centered on Miramat, an expanded polyethylene sheet for industrial packaging and flat-panel displays, decreased because higher sales of high-value-added products in China and South Korea were more than offset by lower domestic sales and general-purpose products.」
While sales of high-value-added products in China and South Korea increased, total sales of industrial materials products decreased due to lower domestic sales and general-purpose products. - FY2021-Q2Coexistence of growth in some high-value-added products and lower overall revenueAnnual report
「Sales of industrial materials products, centered on Miramat, an expanded polyethylene sheet for industrial packaging and flat-panel displays, decreased because higher sales of high-value-added products in China were more than offset by lower domestic sales and other factors, including weak sales of general-purpose products.」
While sales of high-value-added products in China increased, total sales of industrial materials products decreased due to weak domestic sales and general-purpose products. - FY2021-Q1Coexistence of growth in high-value-added and high-performance products and lower revenue due to the pandemicAnnual report
「Sales volume and sales of high-performance materials, centered on P-Block, decreased due to the impact of lockdowns and automobile manufacturers’ plant shutdowns resulting from the spread of COVID-19, despite increased adoption of new automotive components and expanded applications.」
The company reports that sales volume and sales of high-performance materials decreased due to lockdowns and automobile manufacturers’ plant shutdowns, despite increased adoption of new components and expanded applications. - FY2020-Q3Coexistence of firm high-value-added product sales and lower revenue due to deteriorating market conditionsAnnual report
「For the extrusion business as a whole, sales decreased due to the impact of temporarily deteriorating market conditions and lower sales in some fields, although sales of high-value-added products remained firm.」
While sales of high-value-added products remained firm, the business as a whole posted lower revenue due to temporarily deteriorating market conditions and lower sales in some fields. - FY2020-Q2RestatedAnnual report
「For the extrusion business as a whole, sales decreased due to lower sales in some fields, although sales of high-value-added products increased.」
While sales of high-value-added products continued to increase, total sales in the extrusion business decreased due to lower sales in some fields, reaffirming the coexistence of progress in upgrading value added and declining demand. - FY2020-Q1Coexistence of progress in upgrading value added and declining demandAnnual report
「Sales of high-performance materials, centered on P-Block, decreased due to declining demand, despite increased adoption of new automotive components and expanded applications. For the extrusion business as a whole, sales decreased due to lower sales in some fields, although sales of high-value-added products increased.」
The company reports that sales of the related products as a whole decreased due to declining demand and lower sales in some fields, despite increased adoption of new components and expanded applications and higher sales of high-value-added products. - FY2019-Q3RestatedAnnual report
「Sales of high-performance materials, centered on P-Block, increased due to increased adoption of new automotive components and expanded applications.」
The company continues to report higher sales of high-performance materials driven by the adoption of new automotive components and expanded applications. There are no new milestones or numerical targets. - FY2019-Q2AdvancedAnnual report
「Sales of high-performance materials, centered on P-Block, increased due to increased adoption of new automotive components and expanded applications. By region, in Japan, production in the automotive sector was affected by declines caused by floods, earthquakes and other events, but sales of new components such as sheet core materials got off to a strong start.」
For high-performance materials, the company reports higher sales driven by the adoption of new automotive components and expanded applications, as well as the successful launch of sales of new components such as sheet core materials. - FY2019-Q1AdvancedAnnual report
「Sales of high-performance materials, centered on P-Block, increased due to increased adoption of new automotive components and expanded applications. Sales of industrial materials products increased as sales of high-value-added products remained firm.」
The company reports higher sales of high-performance materials driven by the adoption of new automotive components and expanded applications, as well as firm sales of high-value-added industrial materials products. - FY2018RestatedAnnual report
「In response to these conditions, the Group focused on developing new demand and developing and selling high-value-added products, while making targeted investments in growth sectors and regions.」
The company continues to identify developing new demand, developing and selling high-value-added products and investing in growth sectors and regions as growth initiatives. - FY2018-Q3RestatedAnnual report
「Sales of industrial materials products, centered on Miramat, an expanded polyethylene sheet for industrial packaging used to transport flat-panel display panels, household appliances and other products, increased as sales focused on high-value-added products remained strong. Sales of Styrene Paper, an expanded polystyrene sheet for food containers, decreased due to lower sales for food trays, despite product price revisions accompanying higher raw material prices and increased sales for microwave-compatible containers. Sales of Miraboard, an expanded polystyrene board used for advertising displays and folding boxes, increased due to the expansion of new applications and other factors. Sales of Miraform, an expanded polystyrene extruded board for construction and civil engineering, increased as sales focused on highly insulating products in the construction field remained strong.」
The company continues to report strong sales of high-value-added products, expanded new applications and strong sales of highly insulating products. There are no new numerical targets or explicit milestones. - FY2018-Q2AdvancedAnnual report
「In the Group’s results, net sales exceeded the same period of the previous year due to sales volume growth, an increase in the proportion of high-value-added products and product price revisions accompanying higher raw material prices.」
The company reports that higher sales volume and a higher proportion of high-value-added products contributed to net sales exceeding the same period of the previous year. Expanded new applications for Miraboard, sales of highly insulating Miraform products and expanded sales of P-Block for new components and new fields also continue. - FY2018-Q1AdvancedAnnual report
「Sales of Miraboard, an expanded polystyrene board used for advertising displays and folding boxes, increased due to the expansion of new applications and other factors. Sales of Miraform, an expanded polystyrene extruded board for construction and civil engineering, increased as sales focused on highly insulating products in the construction field remained strong. For the extrusion business as a whole, sales increased due to a higher proportion of high-value-added products and product price revisions.」
The company reports concrete progress accompanied by higher sales through expanded new applications for Miraboard, strong sales of highly insulating Miraform products and a higher proportion of value-added products. - FY2017RestatedAnnual report
「The Group focused on developing new demand and developing and selling high-value-added products, while making targeted investments in growth sectors and regions.」
The company continues to identify developing new demand, developing and selling high-value-added products and investing in growth sectors as growth initiatives. - FY2017-Q3RestatedAnnual report
「P-Block, an expanded polypropylene high-performance material, continued to perform well due to increased adoption of new automotive components and expanded sales in new fields.」
The company reports continued progress in the adoption of new automotive components and expanded sales in new fields. It also reports strong sales of high-value-added products as a factor behind higher profit. - FY2017-Q2AdvancedAnnual report
「Business remained strong due to increased adoption of new automotive components and expanded sales in new fields.」
For P-Block, the company reports concrete progress in the adoption of new automotive components and expanded sales in new fields. - FY2017-Q1AdvancedAnnual report
「Sales of Miramat, an expanded polyethylene sheet for industrial packaging used for liquid-crystal television panels and transporting household appliances, increased as sales of high-value-added products remained strong. Sales of Capron, a polyethylene bubble cushioning material, increased as applications expanded.」
The company reports concrete progress in the form of higher sales driven by strong sales of high-value-added products and expanded applications. - FY2016First statedAnnual report
「For the Group to continue growing, shifting to a more profitable business structure by expanding new applications and increasing the proportion of high-performance, high-value-added products is an important issue.」
The company identifies expanding applications and upgrading its product mix toward higher value-added products as key priorities for growth.