Strengthening Product, Technological and Development Capabilities Centered on Flooring Materials and Carpets

「In vinyl flooring, sales increased for the Tile Collection, a comprehensive sample book for vinyl floor tiles launched during the current fiscal year, and the Loose Lay Tile Series, loose-lay vinyl floor tiles requiring no wax maintenance. In addition, as market penetration of the Sheet Collection NW, a vinyl floor sheet sample book launched in the previous fiscal year, progressed further, vinyl flooring sales significantly exceeded the previous year.」

「In vinyl flooring, we launched the Tile Collection, a comprehensive sample book for vinyl floor tiles combining design and functionality, the company's core products, and the Loose Lay Tile Series, loose-lay vinyl floor tiles requiring no wax maintenance, in July. In addition, as market penetration of the Sheet Collection NW, a sample book for vinyl floor sheets launched in the previous fiscal year, progressed further, vinyl flooring sales significantly exceeded the previous year.」

「In addition, the company launched Classial Tile, its proprietary residential floor tile that can be installed over existing floors using peel-up installation, in December 2024, and total vinyl flooring sales consequently exceeded the previous year.」

「In vinyl flooring, although demand for the non-residential market remained weak, sales volumes increased significantly for the E-Clean NW-EX vinyl floor tile, which requires no wax maintenance for extended periods, and the adhesive-free, back-suction easy-renovation flooring product LAY Flooring Pitafee.」

「In vinyl flooring, we launched the easy-renovation flooring product LAY Flooring Pitafee and the biomass-derived composition vinyl floor tile Biomic Stone, which reuses eggshells as part of its raw materials, in December, and sales growth is expected going forward. In addition, adoption of high-performance products such as the E-Clean NW-EX vinyl floor tile, which requires no wax maintenance for extended periods, progressed, resulting in sales exceeding the previous year.」

「In vinyl flooring, we strengthened specification activities, led by the slip-resistant NS800 vinyl floor sheet launched in August, and adoption also progressed for high-performance products such as the deodorizing NS Toware NW vinyl floor sheet for toilets and the E-Clean NW-EX vinyl floor tile, which requires no wax maintenance for extended periods.」

「In vinyl flooring, sales activities focused mainly on the Tile Collection, which includes high-performance vinyl floor sheets such as the deodorizing NS Toware and Hitoe, both of which performed well, as well as vinyl floor tiles such as E-Clean NW-EX, which require no wax maintenance for extended periods. In addition, adoption of Tough Tech Tile, a new third type of flooring combining the advantages of vinyl floor tiles and ceramic tiles, progressed mainly in the retail market, and sales of vinyl flooring significantly exceeded the previous year.」

「In July 2022, we newly launched Tile Collection, a sample book for vinyl floor tiles. The new Tile Collection completely renewed our vinyl floor tiles and reorganized them into 4 brands: LHT (Luxury Hard Tile), LVT (Luxury Vinyl Tile), LCT (Luxury Calcium carbonate Tile) and VCT (Vinyl Composition Tile).」

「In vinyl flooring materials, Tile Collection vinyl floor tiles launched in July performed well, while the core Royal Series and the LCT (Luxury Calcium carbonate Tile) and VCT (Vinyl Composition Tile) series of single-layer vinyl floor tiles using our proprietary technology grew. Tough Tech Tile, the new third flooring material launched in April, received the 2022 Good Design Award in recognition of the evolution of multilayer vinyl floor tiles, and vinyl flooring materials performed well overall.」

「In vinyl flooring materials, we focused on promotional activities for the LCT (Luxury Calcium carbonate Tile) and VCT (Vinyl Composition Tile) series of single-layer vinyl floor tiles, which leverage our proprietary technology, in addition to launching Tile Collection in July, which proposed new value through the rebranding of vinyl floor tiles, and renewing the core Royal Series. Vinyl flooring materials also performed well, with Tough Tech Tile, a new third flooring material combining the advantages of vinyl floor tiles and ceramic tiles, receiving the 2022 Good Design Award.」

「In vinyl flooring materials, the Sheet Collection sample book for vinyl flooring sheets, launched last year, gained market penetration, and the NW Series flooring materials, which require no wax maintenance for extended periods, performed well. In April, we launched Tough Tech Tile, a new third flooring material combining the advantages of vinyl floor tiles and ceramic tiles, and focused on promoting it in the market.」

「For vinyl floor tiles, we developed Tough Tech Tile, an LHT (Luxury Hard Tile) launched in April 2022. This new flooring material combines the advantages of conventional vinyl floor tiles and ceramic tiles, offering high functionality through excellent stain resistance and the ability to conceal substrate unevenness.」

「Vinyl flooring materials such as the highly durable Deodorizing NS Towre NW vinyl flooring sheet for toilets performed well. In October, we newly launched the Sheet Collection sample book for vinyl flooring sheets and expanded our range of antiviral products registered with SIAA. In addition, as the store renovation market showed signs of recovery, sales of the Royal Stone and Royal Wood vinyl floor tiles, offered in a wide range of colors, patterns and sizes, grew substantially, resulting in vinyl flooring material revenue exceeding the prior-year period.」

「In the product business, we focused on promotional activities adapted to new lifestyles during the COVID-19 pandemic and increased sales of our main product lines, centered on vinyl flooring materials and carpets.」

「In the product business, although recovery from the COVID-19 pandemic remains under way, revenue increased across many product lines. In vinyl flooring materials, vinyl flooring sheet sales were sluggish as demand from medical and welfare facilities remained weak, but revenue exceeded the prior-year period as demand for major products recovered, including growth in Royal Stone vinyl floor tiles through adoption at large commercial facilities and other locations.」

「For vinyl flooring sheets, we adapted the slip-resistant NS Real Design vinyl flooring sheet for outdoor use and made it wax-free. For enhanced design expression, we combined realistic colors and patterns with Synchro Embossing, which aligns with the joints. We also completely renewed the Bathna Series vinyl flooring sheets for bathrooms, improving drainage and cleanability through our proprietary Bathna Hydro Coat surface treatment technology and substantially increasing the number of high-design Bathna Real Design products.」

「In vinyl flooring materials, the Bathna Series vinyl flooring sheets for bathrooms, revised or discontinued in September, and residential cushion flooring grew due to stay-at-home demand. In addition, Dynamic Stone, a vinyl floor tile newly launched in December that boldly expresses the irregularity found in nature, has received high market acclaim, and is expected to expand sales across a wide range of applications.」

「Despite the challenging market environment, vinyl flooring materials such as the Deodorizing NS Towre NW and Hitoye Series vinyl flooring sheets, for which promotional activities were strengthened mainly for medical and welfare facilities, performed well. In addition, as stay-at-home consumption increased due to restrictions on going out, Easy Renovation flooring materials such as LAY Flooring and residential cushion flooring grew.」

「Despite the challenging market environment, vinyl flooring materials performed well, led by products such as the deodorizing vinyl flooring sheets Deodorizing NS Towre NW and Hitoye, particularly at educational, medical and welfare facilities.」

「In vinyl flooring materials, we renewed Tile Collection, a vinyl floor tile that has gained broad penetration in residential and non-residential markets, and deliveries of the Hitoye Series, the first domestically produced single-layer vinyl flooring sheet, launched in the previous fiscal year, reached full scale, contributing to higher sales.」

「In vinyl flooring materials, sales increased due to the market penetration of the vinyl flooring sheets Hitoye and CareSafe NW, launched in the previous fiscal year, as well as the impact of product additions and discontinuations involving LooseLay Tile, a loose-lay vinyl floor tile with new patterns and sizes, and the Royal Series of vinyl floor tiles offering a wide range of variations.」

「In the product business, market penetration of products launched in the previous fiscal year and active promotional activities for products launched in the current fiscal year resulted in revenue of ¥26,353 million, up 5.3% year on year.」

「In the product business, newly launched product lines with enhanced design and functionality have gained market penetration and driven sales growth.」

「In the third quarter, we worked to strengthen product capabilities, focusing on our main products, vinyl flooring sheets and carpet tiles, and focused on promotional activities, including holding exhibitions across Japan, as well as」

「During the cumulative second quarter of the current fiscal year, we worked to further upgrade our technological and product capabilities, including by developing and launching Hitoye Granza/Fine, the first domestically produced high-design, single-layer vinyl flooring sheet to offer a full range.」

「In June, we developed and began selling Hitoye Granza and Hitoye Fine, high-design, single-layer vinyl flooring sheets, the first domestically produced products of their kind to offer a full range. Featuring a highly durable single-layer structure and highly distinctive functionality and design, they are intended to create further demand across a range of applications.」

「While strengthening product development and sales capabilities to advance our growth strategy」

「In our group's core flooring and carpet business, we are working to strengthen our product, technological and development capabilities and achieve further advancement.」

「In our group's core flooring and carpet business, we are working to strengthen our product, technological and development capabilities.」