Existing Businesses (Portfolio)

Changed reporting segments to focus resources on the growth of the
Analog Core Business Group

・Define Energy, Functional Materials, and Optics & Systems as "Analog Core Business Group" which should be grown intensively, and clarify the acceleration of business growth through proactive growth investments as well as exploring growth opportunities through M&A

・Going forward, concentrate management resources on Analog Core Business Group and simultaneously achieve sales growth and profitability improvement through proactive growth investments and business replacement

Operational Policy

While making investments to increase production of core product, high-reliability small-size batteries, discontinue production of prismatic LIB and accelerate business distinction in the Energy segment

・In the Energy segment, which is the core segment of the Analog Core Business Group, discontinue prismatic LIB business which is difficult to improve profitability, and reallocate resources to the high-reliability small-size battery business where our strengths can be leveraged

Going forward, expand market share and accelerate application development in the high-reliability small-size battery businesses including all-solid-state batteries

Discontinue production of prismatic LIB

Drive business growth with product groups in 3 focus areas

・Despite negative impact on certain businesses due to inventory adjustments by semiconductor-related customers and the harsh market environment for automotive optical components in Europe, primary batteries seized growth opportunities and expanded significantly

・Going forward, although there may be ups and downs, 3 focus areas will drive growth toward FY2026 target

Operating Profit Changes FY2023 - FY2024

・Primary batteries, which have seized growth opportunities and expanded, will continue to have resources actively invested to maximize growth

・For businesses facing challenging environment, prompt measures are being considered and implemented to boost overall company profitability

Businesses that seized growth opportunities and expanded  Primary Batteries  Mobility  Medical Device  Smart meter market

by Updates on Mid-Term Plan MEX26