Development and market expansion of ZEH-compliant, high-performance insulation
First written in FY2017. 11 of 30 entries say "Advanced", first in FY2018-Q1. Latest entry: 2026-07-31.
The whole theme swung hardest in 2025: 2 of 11 companies on the "Worse" side.
0 other companies' latest entry also says "Softened".
- 2026-07-31SoftenedRevisions to earnings forecasts
「建築・住宅分野向け断熱材については、第1四半期の一時的な需要増加の反動に加え、原材料価格や物価上昇による影響から、第2四半期以降は需要の減少を見込んでおります。」
高性能断熱材の市場拡大について、前期までの販売増加実績・目標に対し、当期第2四半期以降の需要減少見込みを示している。 - FY2026AdvancedAnnual report
「Four growth engines (vs. fiscal 2023 volume) ARPRO business Insulation materials for construction and housing FPD surface-protection materials New business areas Medium-term management plan targets (fiscal 2026) 23% increase 15% increase 21% increase ¥5.0 billion in revenue Fiscal 2025 results 8% increase 23% increase 12% decrease ¥2.9 billion in revenue」
Actual fiscal 2025 sales volume of insulation materials for construction and housing increased 23% from fiscal 2023, exceeding the fiscal 2026 target of a 15% increase. Expansion of sales of higher-value-added products is progressing. - 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.」
Revenue from these products increased as the sales mix shifted toward Mirafoam Lambda, a high-performance insulation material, and pre-cut products, while sales for the civil engineering sector also increased. - FY2025-H1Overall revenue decline from higher sales in construction and housing and lower sales in civil engineeringAnnual report
「Sales of construction and civil engineering materials centered on “Mirafoam,” an extruded expanded polystyrene board, declined as higher sales for the construction and housing sectors were more than offset by lower sales for the civil engineering sector.」
While sales for the construction and housing sectors increased, lower sales for the civil engineering sector resulted in lower revenue for construction and civil engineering materials overall. Expansion in construction-related products, including high-performance insulation materials, coexisted with weak civil engineering demand. - 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.」
For the development and market expansion of high-performance insulation materials, a quantitative target has been added to increase fiscal 2026 sales volume of insulation materials for construction and housing by 15% from fiscal 2023. - FY2024-Q3AdvancedAnnual report
「Sales of construction and civil engineering materials centered on “Mirafoam,” an extruded expanded polystyrene board, increased, as higher sales for the construction and housing sectors and higher sales of higher-value-added products, together with product price revisions, more than offset sales for the civil engineering sector remaining at roughly the same level as in the year-earlier period.」
Reports increased revenue from construction and civil engineering materials, driven by higher sales for the construction and housing sectors and of higher-value-added products, with product price revisions also contributing. - FY2024-Q2Higher revenue from product price revisions and sales of higher-value-added productsAnnual report
「Sales of construction and civil engineering materials centered on “Mirafoam,” an extruded expanded polystyrene board, increased, as product price revisions and higher sales of higher-value-added products more than offset lower sales for the civil engineering sector, while sales for the construction and housing sectors remained at the same level as in the year-earlier period.」
While sales for the construction and housing sectors remained at the same level as in the year-earlier period and sales for the civil engineering sector declined, Mirafoam-related products generated higher revenue due to product price revisions and increased sales of higher-value-added products. - FY2024-Q1AdvancedAnnual report
「Sales of construction and civil engineering materials centered on “Mirafoam,” an extruded expanded polystyrene board, increased, as higher sales for the construction and housing sectors more than offset lower sales for the civil engineering sector.」
Reports increased total revenue from construction and civil engineering materials, as higher sales for the construction and housing sectors offset the decline in sales for the civil engineering sector. - FY2023-Q3Higher revenue from flat sales and product price revisionsAnnual report
「Sales of construction and civil engineering materials centered on “Mirafoam,” an extruded expanded polystyrene board, remained at roughly the same level as in the year-earlier period for both the construction and housing sectors and the civil engineering sector, but revenue increased due to product price revisions.」
While sales in the construction and housing sectors and the civil engineering sector were at roughly the same level as in the year-earlier period, revenue increased due to product price revisions. - FY2023-Q2RestatedAnnual report
「Sales of construction and civil engineering materials centered on “Mirafoam,” an extruded expanded polystyrene board, increased, as sales for the construction and housing sectors remained at roughly the same level as in the previous fiscal year, while sales for the civil engineering sector grew and product price revisions also contributed.」
While sales for the construction and housing sectors were at roughly the same level as in the previous fiscal year, increased sales for the civil engineering sector and product price revisions drove higher total revenue from construction and civil engineering materials. - FY2023-Q1AdvancedAnnual report
「Sales of construction and civil engineering materials centered on “Mirafoam,” an extruded expanded polystyrene board, increased, as sales for the construction and housing sectors remained at roughly the same level as in the previous fiscal year while sales for the civil engineering sector grew.」
While sales for the construction and housing sectors remained at roughly the same level as in the previous fiscal year, increased sales for the civil engineering sector drove higher total revenue from construction and civil engineering materials centered on Mirafoam. - FY2022-Q3RestatedAnnual report
「Sales of construction and civil engineering materials centered on “Mirafoam,” an extruded expanded polystyrene board, declined, as sales for the construction sector remained at the same level as in the year-earlier period while sales for the civil engineering sector decreased.」
For Mirafoam-related products, sales for the construction sector remained at the same level as in the year-earlier period, while sales for the civil engineering sector declined, resulting in lower total revenue from construction and civil engineering materials. - FY2022-Q2RestatedAnnual report
「Sales of construction and civil engineering materials centered on “Mirafoam,” an extruded expanded polystyrene board, remained at the same level as in the year-earlier period, as increased sales for the construction sector offset decreased sales for the civil engineering sector.」
While sales for the construction sector increased, sales for the civil engineering sector declined, leaving total revenue from construction and civil engineering materials at the same level as in the year-earlier period. This reconfirms the trend from the previous quarter. - FY2022-Q1Recovery in construction offset by decline in civil engineeringAnnual report
「Sales of construction and civil engineering materials centered on “Mirafoam,” an extruded expanded polystyrene board, remained at roughly the same level as in the previous fiscal year, as increased sales for the construction sector offset decreased sales for the civil engineering sector.」
While sales for the construction sector increased, sales for the civil engineering sector declined, leaving total revenue from construction and civil engineering materials at the same level as in the year-earlier period. - FY2021RestatedAnnual report
「In the insulation market for the construction sector, demand for “Mirafoam Λ (Lambda),” a high-performance expanded polystyrene insulation material, has been increasing year after year, partly because the number of ZEH (Net Zero Energy House) homes has risen sharply. To further expand the market, we continue to improve low-thermal-conductivity technology and develop new high-performance insulation materials.」
Continues to benefit from increased demand for Mirafoam Λ and development of low-thermal-conductivity technology and new high-performance insulation materials. - FY2021-Q3RestatedAnnual report
「Sales of construction and civil engineering materials centered on “Mirafoam,” an extruded expanded polystyrene board, remained at the same level as in the year-earlier period, as strong sales for the civil engineering sector were offset by weak sales for the construction sector due to the impact on demand from fewer housing starts.」
While sales for the civil engineering sector were strong, weak sales for the construction sector due to fewer housing starts left total revenue from construction and civil engineering materials at the same level as in the year-earlier period. - FY2021-Q2RestatedAnnual report
「Sales of construction and civil engineering materials centered on “Mirafoam,” an extruded expanded polystyrene board, remained at the same level as in the year-earlier period, as strong sales for the civil engineering sector were offset by weak sales for the construction sector due to the impact on demand from fewer housing starts.」
While sales for the civil engineering sector were strong, weak sales for the construction sector due to fewer housing starts left total revenue from construction and civil engineering materials at the same level as in the year-earlier period. - FY2020AdvancedAnnual report
「Sales of construction and civil engineering materials centered on “Mirafoam,” an extruded expanded polystyrene board, increased despite the impact on demand from fewer housing starts, as sales of cut-to-size products for the construction sector and products for the civil engineering sector were strong.」
Reports increased revenue from construction and civil engineering materials, as strong sales of cut-to-size products for the construction sector and products for the civil engineering sector outweighed the impact of fewer housing starts. - FY2020-Q3High-performance insulation products remained firm, but overall sales were flat due to fewer housing startsAnnual report
「Sales of construction and civil engineering materials centered on “Mirafoam,” an extruded expanded polystyrene board, remained at the same level as in the year-earlier period, as strong sales of cut-to-size products for the construction sector were offset by the impact on demand from fewer housing starts.」
While sales of cut-to-size products for the construction sector were strong, the impact on demand from fewer housing starts kept total revenue from construction and civil engineering materials at the same level as in the year-earlier period. - FY2020-Q2RestatedAnnual report
「Sales of construction and civil engineering materials centered on “Mirafoam,” an extruded expanded polystyrene board, remained at the same level as in the year-earlier period, as strong sales of high-insulation products and cut-to-size products for the construction sector were offset by weak sales for the civil engineering sector.」
While strong sales of high-insulation products and cut-to-size products continued, weak sales for the civil engineering sector left total revenue from construction and civil engineering materials at the same level as in the year-earlier period. - FY2020-Q1Strong high-insulation products, but overall sales flatAnnual report
「Sales of construction and civil engineering materials centered on “Mirafoam,” an extruded expanded polystyrene board, remained at the same level as in the year-earlier period, as strong sales of high-insulation products and cut-to-size products for the construction sector were offset by weak sales for the civil engineering sector.」
While sales of high-insulation products and cut-to-size products were strong, weak sales for the civil engineering sector left total revenue from construction and civil engineering materials at the same level as in the year-earlier period. - FY2019-Q3RestatedAnnual report
「Sales of construction and civil engineering materials centered on “Mirafoam,” an extruded expanded polystyrene board, increased as sales remained strong, particularly for high-insulation products and cut-to-size products for the construction sector and products for the civil engineering sector.」
Continues to report strong sales and increased revenue for Mirafoam-related products, including high-insulation products. No new development completion or quantitative targets are stated. - FY2019-Q1AdvancedAnnual report
「Sales of construction and civil engineering materials centered on “Mirafoam,” an extruded expanded polystyrene board, increased as sales remained strong, particularly for high-insulation products and cut-to-size products for the construction sector and products for the civil engineering sector.」
Reports strong sales and increased revenue for Mirafoam-related products, including high-insulation products, as concrete progress in expanding the market for high-performance insulation materials. - FY2018RestatedAnnual report
「In the insulation market for the construction sector, demand for “Mirafoam Λ (Lambda),” a high-performance expanded polystyrene insulation material, has been increasing year after year, partly because the number of ZEH (Net Zero Energy House) homes has risen sharply. To further expand the market, we continue to improve low-thermal-conductivity technology and develop new high-performance insulation materials.」
Reconfirms increased demand for Mirafoam Λ and the continuation of low-thermal-conductivity improvements and development of new high-performance insulation materials. No new development-completion milestone is stated. - FY2018-Q3RestatedAnnual report
「Sales of “Mirafoam,” an extruded expanded polystyrene board for construction and civil engineering applications, increased as sales remained strong, particularly for high-insulation products in the construction sector.」
Continues to report strong sales and increased revenue for Mirafoam, driven by high-insulation products. No progress on a new development stage or quantitative targets is stated. - FY2018-Q2AdvancedAnnual report
「Sales of “Mirafoam,” an extruded expanded polystyrene board for construction and civil engineering applications, increased as sales remained strong, particularly for high-insulation products in the construction sector.」
Reports strong sales and increased revenue for Mirafoam, driven by high-insulation products, as concrete progress in expanding the market for high-performance insulation materials. - FY2018-Q1AdvancedAnnual report
「Sales of “Mirafoam,” an extruded expanded polystyrene board for construction and civil engineering applications, increased as sales remained strong, particularly for high-insulation products in the construction sector.」
Reports strong sales and increased revenue for Mirafoam, driven by high-insulation products, as concrete progress in expanding the market for high-performance insulation materials. - FY2017First statedAnnual report
「Demand for “Mirafoam Λ (Lambda),” a high-performance expanded polystyrene insulation material, has been increasing, partly because the number of ZEH (Net Zero Energy House) homes has risen sharply. To further expand the market, we have begun improving low-thermal-conductivity technology and developing new high-performance insulation materials.」
Reports increased demand for the high-performance insulation material “Mirafoam Λ” against a backdrop of ZEH demand, and the start of improvements to low-thermal-conductivity technology and development of new high-performance insulation materials.