Cable conduit materials, Foam Products, Tape for Semiconductor Process, Electronics parts, Heat-Dissipation / Cooling Products, Aluminum Blank Material for Hard Disk Drive, Copper Foil

Results of operations in FY2022 (Year ended March 31, 2023)

With respect to Functional Products business, despite the progress of cost pass-through due to increases in raw material and fuel prices, both net sales and profit declined, because sales of tapes for semi-conductor production, aluminum blank material for hard disk drives, and electrolytic copper foils were adversely affected by inventory adjustments in the supply chain associated with a decline in global demand for smartphones, personal computers, and data centers since the second half of the year.
In the Functional Products business, we will strengthen communications with our clients to monitor inventories in the supply chain, establish a production system which can flexibly respond to a sudden change in the market, and propose/develop new products, which meet needs of the market/clients and are differentiated from competitors’ products, aiming at increasing net sales. Moreover, we will continue to work on cost pass-through in response to increases in raw material and fuel prices, in order to secure net sales.

  2021/3 2022/3 2023/3
Net sales
(Billions of yen)
114.7 130.0 126.5
Operating income
(Billions of yen)
6.3 7.6 4.2