IBIDEN Co Ltd: Segment Analysis

IBIDEN Co Ltd (IBIDEN) is a manufacturer and marketer of electronics and ceramic products. The company operates in various industries, including electronics, ceramics, construction materials, building materials, resins, and food products. Its activities also encompass equipment installation, maintenance, services, and transportation of group products and raw materials.

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IBIDEN is actively engaged in research and development activities across its core technology development department, production technology department, technology departments of each business unit, and affiliated companies. The company focuses on evolving existing core technologies and creating new businesses in emerging fields. It is building a multi-functional business development system to anticipate future customer needs and societal challenges. Additionally, it is working towards establishing a technology development research institute to enhance collaboration with industry, academia, and government. In the production technology department, efforts are directed towards improving productivity and quality through digital transformation (DX) and developing new manufacturing methods and equipment. The company is also involved in developing products for evolving markets such as IoT, 5G communications, AI, data centers, and automotive, as well as high-density, high-performance package substrates. In the ceramics business, the company is developing components for the NEV field, semiconductor-related applications, and high-performance exhaust systems. Other initiatives include promoting plant activators in agriculture, developing decarbonization-related products, and researching substitutes for animal-based ingredients using plant-based proteins. The R&D units of the company include the core technology development department, production technology department, technology departments of each business unit, and affiliated companies. The core technology development department focuses on evolving existing technologies and creating new business opportunities. The production technology department is responsible for supporting productivity and quality improvements and developing new manufacturing methods and equipment. In FY2026, the company incurred an expense of JPY29,916 million on its R&D activities, which grew 9%YoY and stood at 7.2% of the company’s total revenue.