Review of the Medium-term Business Plan (2023–2025)

We are now entering the final year of the Medium-term Business Plan launched in FY2023. Under this plan, we have steadily executed strategic portfolio restructuring and established a foundation for growth. As a result, we expect a significant improvement in our business  foundation in FY2025 and will transition into a phase of accelerated growth. We will continue to seed new technologies for sustainable growth.

Seeding in Technologies that Contribute to a Sustainable Society

In line with our sustainability management framework, we aim to link a sustainable society　with our sustainable corporate value through co-creation with customers, leveraging intangible assets such as technology integration, diverse human resources, and customer relationships. In the research and development phase, we prioritize themes that contribute to the creation of environmental value. We have established a set of technologies that will serve as “seeds of growth,” including intelligent recycled materials, solutions for perovskite solar cells, and process monitoring for bio-manufacturing. Furthermore, in the business development and scale-up phase, we work closely with customers across the industrial value chain to deliver value. Thus, our contribution expands beyond environmental value to include the enhancement of “social and human value.”

Technology × AI Integration

The source of our technological capabilities lies in the integration of core technologies　cultivated over many years. By combining these with AI and data science, we are advancing our technologies and amplifying the value we deliver to customers. For example, we are expanding initiatives that create value in real-world use cases, such as improving recognition performance in X-ray dynamic analysis through AI to support physicians’ diagnoses, and enhancing functions that ensure stable operation of industrial printing presses.

In addition to the internal DX that we have pursued to date, we are also advancing initiatives in manufacturing to transform on-site processes through motion-analysis AI, as well as to improve development efficiency and create new themes by combining generative AI with intellectual property and our accumulated technology assets.

Co-creation with Customers

Co-creation with customers is indispensable for amplifying realized value. This represents the ultimate impact on both a sustainable society and our sustainable corporate value. Our technological capabilities are strengthened through co-creation with customers. Through dialogue with customers, we clarify the domains in which we compete and identify key areas of the value chain to fucus on. As a result, we provide a “value story brought to life through technology” that delivers unique value for customers. For example, innovation in inkjet-based food packaging label printing has begun at major distribution companies, enabling direct pricing and reducing waste in printing processes.

Conclusions

In this Technology Report, we introduce a selection of initiatives that contribute to a sustainable society, including the examples described above. We will continue to relentlessly pursue technological advancement and enhance corporate value by contributing to the sustainability of our customers and society.

 

Note: The underlined portions of the main text are reported in this fiscal year’s Technology Report.