From a 1975 patent to a world product: FriXion (2006)
Patience as a development method
The heart of this decision was not inventing a new ink but finishing one the company had already held for three decades. Metamo, a temperature-sensitive colour-changing ink, had been patented in 1975, but its colour-change range was only a few degrees — too narrow for a pen — so for years it lived in warm-water toys and anti-counterfeit tickets. When Pilot restarted pen development in 2001, it aimed its effort not at the ink itself but at shrinking the microcapsules that carried its three reacting components; by 2002 it had cut them to two or three microns and widened the change band to run from 65°C down to minus 20°C, deliberately stepping around room temperature so that writing would neither fade nor reappear by accident.
Launched in Europe in 2006 and Japan in 2007, the erasable FriXion became — with the G-2 gel pen that had opened the United States market in 1997 — one of two multi-billion-unit global lines, a cumulative 4.7 billion FriXion and 4.6 billion G-2 shipped by the end of 2024. Thirty-one years separated the patent from the world product. That span is not a failure of speed but the method itself: Pilot’s edge is to hold a basic technology until manufacturing and market catch up to it and then complete it as a finished pen. The same devotion to the craft of writing that could not be transplanted into office machines is exactly what let the company outlast a patent’s entire life to turn it into a hit.
Revenue and net margin, FY2001–FY2011
Revenue in ¥ bn (bars) and net margin in % (line), for the years around the decision. Shaded columns are FY2006 onwards — after it was taken.
Source: securities reports
Read the full history in Japanese →
This decision is covered inside the company's full Japanese history, alongside the financial tables, shareholders and executives.
Other key decisions at Pilot Corporation
Yen amounts are converted at the average rate of each figure’s own year — not today’s rate; the revenue chart is shown in yen. Exchange rates & sources — the full ¥/US$ table →
Disclaimer
- This page is provided for general information only and is not investment advice, nor a recommendation to buy or sell any security.
- Figures are compiled independently and include our own estimates, approximations and machine-processed data; we make no warranty as to their accuracy or completeness.
- Sources are primarily each company’s securities reports and other public filings, but errors and omissions may remain.
- Any use of this information is at the reader’s own risk. Past performance does not indicate future results.
- Company names, logos and other marks belong to their respective owners.
Data API
Pilot Corporation’s history, financials, executives and
shareholders are published as static JSON — no key, plain GET.
Full specification →
| Method | Endpoint | Returns |
|---|---|---|
| GET | /api/companies.json | All companies |
| GET | /api/7846/manifest.json | Resource index |
| GET | /api/7846/history.json | History overview |
| GET | /api/7846/timeline.json | Chronology |
| GET | /api/decisions.json | All management decisions (index) |
| GET | /api/7846/decisions.json | Management decisions (index) |
| GET | /api/7846/decisions/{slug}.json | One decision (full dossier) |
| GET | /api/7846/executives.json | Executives |
| GET | /api/7846/shareholders.json | Major shareholders |
| GET | /api/7846/financials.json | Financial statements |
| GET | /api/7846/financials-longterm.json | Long-term results |
| GET | /api/7846/segments.json | Business segments |
| GET | /api/7846/regions.json | Sales by region |
| GET | /api/7846/workforce.json | Workforce |