Joint Development with Customers and Provision of Solutions for Production Lines

「The Chemicals Division provides total system support by developing, manufacturing and selling chemical products that support metalworking in various production processes across the automotive, machinery, electrical, steel and specialty steel industries, as well as supplying equipment compatible with those chemicals.」

「Manufacturing and sales of general industrial chemicals and specialty chemicals for domestic and overseas markets benefited from the normalization of the domestic economy. Sales related to steel remained solid, while completion of acceptance inspections for new equipment also contributed to higher revenue and profits.」

「By inheriting the technical expertise and sales channels of the NITTO DENKO CORPORATION Group and establishing a strategic partnership with the Group, the company will leverage the technologies of both parties and strengthen its proposal capabilities as a total-solutions provider for the NVH business.」

「By inheriting the technical expertise and sales channels of the NITTO DENKO CORPORATION Group and establishing a strategic partnership with the Group, the company will leverage the technologies of both parties and strengthen its proposal capabilities as a total-solutions provider for the NVH business.」

「The company also engages in technical activities to provide customers with appropriate solutions, including resolving various production-line issues, improving quality and optimizing processes, by handling the design of equipment suited to these chemical products and systems development.」

「Delivery of equipment and machinery for the domestic flour-milling industry was delayed due to late deliveries of electrical and instrumentation components caused by the semiconductor shortage. However, performance remained solid as acceptance inspections for overseas automotive equipment, which had been postponed due to delays in ocean freight schedules, were completed. The division recorded sales of ¥1,988 million, down 1.5%, and operating income of ¥122 million, up 36.5%.」

「Manufacturing and sales of equipment for the domestic and overseas automotive industries benefited from the normalization of ocean freight services following the COVID-19 pandemic. Acceptance inspections for overseas automotive manufacturing equipment that had been delayed were completed, but delays in the progress of certain vehicle development programs resulted in lower revenue but higher profits. The division recorded sales of ¥1,183 million, down 13.2%, and operating income of ¥78 million, up 27.1%.」

「Manufacturing and sales of general industrial chemicals and specialty chemicals for domestic and overseas markets, as well as export-related sales, performed solidly, particularly sales of chemicals for export and abrasives. New orders for large-scale equipment resulted in higher revenue and profits.」

「In addition to receiving orders for multiple cleaning systems, manufacturing and sales of domestic car-care chemicals also remained relatively solid.」

「Sales of the company's core equipment for the domestic and overseas automotive industries and of flour-milling machinery declined due to delays in equipment acceptance inspections caused by overseas lockdowns associated with the spread of COVID-19. The division recorded sales of ¥2,018 million, down 10.6%, and operating income of ¥89 million, down 34.5%.」

「Sales of the company's core equipment for the domestic and overseas automotive industries and of flour-milling machinery declined, affected by delays in customer vehicle development and equipment acceptance inspections due to overseas lockdowns associated with the spread of COVID-19.」

「Sales of the company's core equipment for the domestic and overseas automotive industries and of flour-milling machinery were affected by restrictions on sales activities during the COVID-19 pandemic. However, the completion of acceptance inspections for automotive-industry equipment ordered in the previous fiscal year resulted in higher revenue and profits. The division recorded sales of ¥696 million, up 14.3%, and operating income of ¥37 million, compared with an operating loss of ¥18 million in the same period of the previous year.」

「The company also engages in technical activities to provide customers with appropriate solutions, including resolving various production-line issues, improving quality and optimizing processes, by handling the design of equipment suited to these chemical products and systems development.」

「Manufacturing and sales of the company's core automotive interior manufacturing equipment for domestic and overseas markets declined as orders for large-scale projects decreased from the previous year, while the transfer of an overseas subsidiary's business also affected results. The division recorded sales of ¥2,257 million, down 29.0%, and operating income of ¥136 million, down 65.9%.」

「Manufacturing and sales of the company's core automotive interior manufacturing equipment for domestic and overseas markets remained solid, but the transfer of an overseas subsidiary's business also contributed to lower revenue and profits.」

「Manufacturing and sales of the company's core automotive interior manufacturing equipment and powder-coating equipment for domestic and overseas markets performed well, resulting in higher revenue and profits. The division recorded sales of ¥4,180 million, up 6.8% year on year, and operating income of ¥446 million, up 34.1%.」

「Manufacturing and sales of the company's core automotive interior manufacturing equipment and powder-coating equipment for domestic and overseas markets performed well, resulting in higher revenue and profits. The division recorded sales of ¥3,179 million, an increase of ¥427 million, or 15.5%, from the same quarter of the previous year, and operating income of ¥400 million, an increase of ¥204 million, or 104.0%.」

「Manufacturing and sales of the company's core automotive interior manufacturing equipment for domestic and overseas markets remained solid, but shoemaking machinery and powder-coating equipment performed poorly, resulting in lower revenue but higher profits. The division recorded sales of ¥1,729 million, down ¥192 million, or 10.0%, from the same quarter of the previous year, and operating income of ¥157 million, an increase of ¥0 million, or 0.2%.」

「Manufacturing and sales of the company's core automotive interior manufacturing equipment for domestic and overseas markets performed well, while testing machinery and development of new markets also progressed steadily. The division recorded sales of ¥817 million, an increase of ¥17 million, or 2.2%, from the same quarter of the previous year, and operating income of ¥100 million, an increase of ¥64 million, or 175.2%.」

「Manufacturing and sales of automotive interior manufacturing equipment and coating equipment remained solid, supported by strong performance at domestic automotive-related companies. The division recorded sales of ¥2,751 million, up 14.2% year on year, and operating income of ¥196 million, up 7.0%.」

「Manufacturing and sales of automotive interior manufacturing equipment and coating equipment also remained solid, supported by strong production at domestic automotive-related companies. The division recorded sales of ¥1,921 million, up 28.5% year on year, and operating income of ¥157 million, up 48.0%.」

「In the Technical Division, the company provides technical support to deliver optimal solutions to customers by handling the development of these chemical products, as well as the design of equipment suited to the chemicals and systems development, thereby resolving various production-line issues, proposing quality improvements and optimizing processes.」

「Manufacturing and sales of automotive interior manufacturing equipment and coating equipment performed particularly well in the U.S. market. The division recorded sales of ¥2,410 million, up 10.0% year on year, and operating income of ¥183 million, up 181.0%.」

「Manufacturing and sales of general industrial chemicals and specialty chemicals in the domestic and Southeast Asian markets performed strongly, while sales of large-scale equipment and machinery were also recorded, resulting in higher revenue and profits. Domestic car-care chemicals were affected by weather but performed steadily, while large-scale cleaning-equipment projects also contributed to strong performance.」

「Domestic car-care chemicals performed steadily, while large-scale cleaning-equipment projects also contributed to strong performance.」

「The company also designs equipment and develops systems suited to these chemical products in-house, providing customers with solutions to issues on production lines, quality improvements and process optimization.」