The traditional textile spinner Fujibo Holdings changed its corporate name to Fujibo Holdings on 1 October 2026, and its industry classification also changed from textiles to glass and stone products. With the company reported to have an approximately 80% global share of polishing pads for semiconductors, attention is focusing on the structure and risks of its related business.
On 1 October 2026, Fujibo Holdings changed its corporate name, and a disclosure dated the same day reported that its industry classification had changed from textiles to glass and stone products. The company is therefore said to be strengthening its policy of positioning polishing pads for semiconductor wafers as its core business.
The company is reported to hold an approximately 80% global share of soft polishing pads, and these pads perform the finishing stage of the CMP process together with slurry. Its accumulated polymer-processing expertise and ability to develop products tailored to customers' processes are cited as strengths.
The company is said to be highly dependent on polishing materials, which account for the majority of its profits, and its earnings structure is noted to be significantly affected by the semiconductor market cycle. During past semiconductor downturns, the company experienced declines in polishing-material sales and profits, making future demand trends a key factor for earnings.
Its industry peer FUJIMI INCORPORATED competes as a major player in CMP-related products, and the coordination of CMP slurry and pads is said to influence market growth. Going forward, attention is also said to be warranted for multiple risk factors, including the effectiveness of the growth strategy under the new medium-term plan “Evolution 26-30,” which uses borrowings, as well as the effects of raw-material prices and domestic production.