ENVALITH
フジプレアム株式会社 logo

Fujipream Corporation

4237Standard MarketChemicals

フジプレアム株式会社 logo
Fujipream Corporation4237

Precision Bonding and High-Performance Composite Materials Division

Core segment manufacturing displays, touch panels, and automotive parts centered on precision bonding technology

PeriodCurrentPreviousChange
Net Sales (Full Year)¥5,082 million¥7,289 million
Operating Loss (Full Year)-¥150 million-¥25 million
Depreciation and Amortization (Full Year)¥318 million¥383 million
Impairment Loss (Full Year)¥1,250 million¥0 million
Capital Expenditures (Full Year)¥179 million¥244 million
Segment Assets¥5,966 million¥6,496 million

Business Details

Leveraging proprietary "precision bonding technology," this division manufactures and sells LCD Display Components, Touch Panel Sensor Substrates, and Automotive Parts. It procures glass and functional films from material manufacturers, and after precision bonding and sensory inspection in clean rooms, delivers products to panel manufacturers and others. In-house construction of production lines, sensory inspection technology, and multi-skilled worker training serve as sources of competitive advantage, and the division is also promoting expansion into automotive applications (center information displays, meter clusters, etc.). In FY2026 (ending March 2026), losses widened due to sluggish demand and lower capacity utilization.

Recent Overview

Net sales down 30.3%, operating loss widened, impairment loss of ¥1,250 million recorded

In FY2026 (ending March 2026), recovery in the domestic and overseas display and touch panel markets remained weak, and expansion of automotive applications was also limited. Combined with a decline in capacity utilization, net sales fell to ¥5,082 million (down 30.3% year on year), and the operating loss widened to ¥150 million (compared with a loss of ¥25 million in the prior period). In addition, an impairment loss of ¥1,250 million on fixed assets was recorded. For the next fiscal year, the division expects display mass-production projects to make a full-fledged contribution to performance.

Key Products

product
LCD Display Components

High-value-added components produced by precisely bonding glass and functional films in clean rooms and delivering them to LCD display manufacturers. Includes high-performance modules for tablets and PCs.

product
Touch Panel Sensor Substrate

Manufactures and sells sensor substrates applying precision bonding technology for the domestic and overseas touch panel markets. Overall market recovery remains sluggish, and a full-fledged recovery in demand has yet to materialize.

product
Automotive Parts

Manufactures and sells parts for automotive applications such as center information displays, meter clusters, and touch switches. Intensifying competition, including from overseas manufacturers, is affecting order intake.

Growth Drivers

  • Market expansion driven by increasing electronic functionality in automotive displays (center information displays, meter clusters, touch switches)
  • Development and order acquisition of high-value-added products through advancement of precision bonding technology and use of leading-edge equipment and new materials
  • Full-fledged contribution to performance from display mass-production projects in the next fiscal period (already incorporated into the consolidated earnings forecast for FY2027 (ending March 2027))
  • Efficiency improvement in parts processing and manufacturing functions through utilization of intra-group collaboration with Toyosha Seisakusho Co., Ltd.
  • Efforts to improve profitability through production efficiency improvements and review of cost structure

Risks

  • Delayed recovery in final demand in the domestic and overseas display and touch panel markets
  • Impact on order intake from progressing commoditization and standardization of products and intensifying competition, including from overseas manufacturers
  • Sluggish orders due to revisions to production plans by domestic automakers
  • Decline in demand in the automotive and electronics fields due to slowdown in the Chinese economy and inventory adjustments
  • Increased fixed cost burden and risk of additional impairment due to declining capacity utilization
  • Possibility that display mass-production projects may fluctuate depending on customers' production plans and sales trends, among other factors

Last updated: June 23, 2026