Pursuit of High Value-Added Products Through Fine Chemicals and a Fabless Model

「In the information-related field, performance was broadly in line with the previous year as growth in basic chemicals for adhesives and sealing materials for electronic components offset weakness in display-related materials. In the transportation equipment-related field, materials for automotive parts and materials related to conveying equipment grew, resulting in a substantial increase in revenue. In the chemical industry-related field, raw materials for synthetic resins, imported chemicals for water-treatment agents and functional resins for adhesives grew, resulting in higher revenue. As a result, revenue in the Scientific Business segment was ¥23.521 billion, up 3.3% year on year, and operating profit was ¥616 million, up 27.4% year on year.」

「In the information-related field, basic chemicals for adhesives and insulating materials for electronic equipment remained firm, leaving performance broadly in line with the previous year. In the transportation equipment-related field, materials for automotive parts, materials related to conveying equipment and impregnating resins for motors grew, resulting in a substantial increase in revenue. In the chemical industry-related field, imported chemicals for water-treatment agents and various functional resins grew, resulting in higher revenue. As a result, revenue in the Scientific Business segment was ¥11.57 billion, up 9.0% year on year, and operating profit was ¥360 million, up 54.3% year on year.」

「In the information-related field, revenue declined as the growth in specialty ink-related materials was outweighed by sluggishness in semiconductor manufacturing equipment-related products.」

「Against this backdrop, the Group will respond swiftly to changes in the domestic and overseas business environment and focus on expanding its business and strengthening its earnings capacity by accelerating new product development centered on functional products and promoting continuous operational improvement.」

「In the information-related field, semiconductor manufacturing equipment materials and specialty ink-related materials grew, but automotive parts-related materials and battery-related materials were sluggish, leaving performance broadly in line with the previous year.」

「In the information-related field, display materials and semiconductor-related materials grew, although LED-related materials and battery-related materials remained sluggish, and performance was broadly in line with the previous year.」

「In the information-related field, revenue increased on growth in display materials and semiconductor-related materials, despite sluggishness in LED-related materials and battery-related materials. In the transportation equipment-related field, revenue increased on growth in molding materials for automotive parts and raw materials for automotive coatings.」

「As a result, revenue in the Scientific Business segment was ¥21.75 billion, up 8.6% year on year, and operating profit was ¥450 million, up 15.7% year on year.」

「In the information-related field, revenue increased on growth in automotive-related materials and semiconductor-related materials. In the transportation equipment-related field, revenue increased on growth in molding materials for automotive parts and raw materials for automotive coatings.」

「In the information-related field, revenue increased on growth in automotive-related materials and semiconductor-related materials.」

「In the information-related field, revenue increased due to growth in automobile-related components, semiconductor-related materials and materials for lighting equipment.」

「In the information-related field, revenue increased due to new applications for automobile-related components and other products and a recovery in orders for terminal devices. In the transport equipment-related field, revenue increased slightly due to new applications for components related to functional resins and other factors.」

「Since our founding, we have consistently pursued technology-oriented sales led by technical consultants. Although we are a trading company, we pursue the provision of higher-value-added products, including through fabless manufacturing. Specifically, while pursuing fine chemical products using the technology and know-how accumulated over many years, we are expanding our product range beyond chemical products,」

「In the chemicals industry-related field, exports of cosmetics-related materials, which had remained sluggish during the COVID-19 pandemic, recovered sharply. In addition, spot sales of basic chemicals and other transactions arose in response to force majeure declarations by overseas chemical manufacturers, more than offsetting a decline in functional inorganic fillers for refractory materials and resulting in substantial revenue growth.」

「In the information-related field, electrical components for vehicles were discontinued and chemicals related to functional films for displays also declined. However, growth in automobile-related components and recovery in base materials related to EVs resulted in a slight increase in revenue overall.」

「In the information-related field, chemicals related to functional films for displays and materials related to lithium-ion batteries remained firm. However, deliveries of materials and components declined substantially due to reduced automobile production and lockdowns at some overseas plants of customers, while some semiconductor encapsulation resins also declined, resulting in a substantial decrease in revenue.」

「In the information-related field, chemicals related to functional films for displays and materials related to lithium-ion batteries remained firm. However, deliveries of materials and components declined substantially due to lower automobile production and lockdowns at some overseas plants of customers, while some semiconductor encapsulation resins and precision cleaning agents also declined, resulting in a substantial decrease in revenue.」

「In the information-related field, heat-dissipation materials for lithium-ion batteries and chemicals related to high-performance films for displays remained firm, and new applications emerged for high-performance resins related to solar power generation.」

「In the information-related field, automobile components and heat-dissipation materials for lithium-ion batteries remained firm as electronic component production continued to perform well amid the growing electrification of automobiles, and new applications emerged for high-performance resins related to electric power. However, deliveries of components declined due to weakness in the Chinese automotive sector, while some semiconductor encapsulation resins and precision cleaning agents also declined, leaving revenue broadly flat.」

「In the information-related field, automobile components and heat-dissipation materials for lithium-ion batteries remained firm as electronic component production continued to perform well amid the growing electrification of automobiles. New applications also emerged for high-performance resins related to electric power. However, some semiconductor encapsulation resins and precision cleaning agents declined, leaving revenue broadly flat.」

「In the transport equipment-related field, revenue increased as electrical components for safety systems grew and new applications emerged for exhaust-gas purification chemicals amid tighter environmental regulations, despite declines in domestic motorcycle production and in some moulding resins and anti-vibration resins for vehicle bodies.」

「As a result, revenue in the Science Business segment was ¥19,415 million, up 4.2% year on year, and operating profit was ¥370 million, up 0.4%.」

「In the information-related field, resins for semiconductor encapsulation and precision cleaning agents remained strong as electronic component production continued to perform well amid the growing electrification of automobiles, and automobile components also grew. However, revenue declined due to a specification change for heat-dissipation materials used in lithium-ion batteries.」

「In the chemicals industry-related field, imported chemicals continued to be affected by higher prices and supply shortages due to tighter pollution-control regulations in China. However, as domestic chemical production remained strong, revenue increased due to new adoption of sound-insulating foam components for automobiles and substantial growth in basic chemical import projects from Southeast Asia.」

「In the chemicals industry-related field, imported chemicals continued to face higher prices and supply shortages due to tighter pollution-control regulations in China. However, as domestic chemical production recovered, chemicals for automobile interior coatings and resins for civil engineering adhesives increased, while import projects arising from new applications for basic chemicals also led to substantial revenue growth.」

「As a result, revenue in the Science Business segment was ¥18,631 million, up 6.2% year on year, and operating profit was ¥368 million, up 11.7%.」

「In the information-related field, encapsulants for semiconductors and insulating materials rose as electronic component production remained strong amid the increasing sophistication of smartphones and other information devices and the growing electrification of automobiles. Heat-dissipation materials and high-heat-resistance materials for lithium-ion batteries also saw wider adoption as battery capacity increased, resulting in substantial revenue growth. As a result, revenue in the Science Business segment was ¥14,065 million, up 7.7% year on year, and operating profit was ¥291 million, up 21.1%.」

「In the information-related field, encapsulants and specialty adhesives grew substantially as adoption expanded for new models of smartphones and other information devices and for functional components used in automobiles, amid continued growth in electronic component production. Heat-dissipation materials and insulating materials for lithium-ion batteries also grew as battery capacity increased. As a result, revenue in the Science Business segment was ¥9,133 million, up 6.5% year on year, and operating profit was ¥184 million, up 20.7%.」

「In the information-related field, functional coating agents declined amid weakness in the Chinese market. However, revenue increased substantially due to new applications in new products for smartphones and other information devices, growth in encapsulants as semiconductor production recovered, and growth in heat-dissipation materials and insulating materials for lithium-ion batteries as capacity increased.」

「Since our founding, we have consistently pursued technology-oriented sales led by technical consultants. Although we are a trading company, we pursue the provision of higher-value-added products, including through fabless manufacturing. Specifically, while pursuing fine chemical products using the technology and know-how accumulated over many years, we are expanding our product range beyond chemical products,」

「In the information-related field, sales of related chemicals declined due to the contraction of domestic production of liquid-crystal display components for smartphones, tablets and other information devices. However, revenue increased as heat-dissipation materials and insulating materials saw wider adoption for batteries, where performance is improving significantly, and functional coating agents gained new applications.」

「Since our founding, we have consistently pursued technology-oriented sales led by technical consultants. Although we are a trading company, we pursue the provision of higher-value-added products, including through fabless manufacturing. Specifically, while pursuing fine chemical products using the technology and know-how accumulated over many years, we are expanding our product range beyond chemical products,」

「Although we are a trading company, we pursue the provision of higher-value-added products, including through fabless manufacturing. Specifically, while pursuing fine chemical products using the technology and know-how accumulated over many years, we are expanding our product range beyond chemical products,」