JASDAQ-listed シライ電子工業 announced its withdrawal from the transparent flexible substrate business, SPET. Order acceptance is scheduled to cease at the end of December 2026, with manufacturing to end and the business exit to be completed by the end of March 2027.
JASDAQ-listed シライ電子工業 disclosed its withdrawal from the SPET business, which develops and manufactures proprietary high-transparency, heat-resistant flexible substrates. It cited sluggish sales volumes and continued losses as the reasons for the exit, concluding that a recovery in future earnings could not be expected.
Specifically, the company plans to cease accepting orders for the SPET business at the end of December 2026, end manufacturing at the end of March 2027 and complete the business exit. The impact on consolidated results is expected to be minor.
The SPET business manufactured and sold highly transparent substrates, but the challenging market environment had reduced the business's profitability and made its continuation less viable. The exit is positioned as part of the company's restructuring policy.
A notice regarding the withdrawal from the SPET business has been published as related information, and additional details may be provided in future official releases and financial reports.