Building a new business model
First written in FY2019. 2 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2025.
Tanabe Engineering moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
The whole theme swung hardest in 2025: 3 of 14 companies on the "Worse" side.
6 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「Although new sales of the wearable-camera service ended in the fiscal year ended March 2025, the Company established the Product Development Department from the fiscal year ending March 2026 by integrating the Digital Innovation Center and the Technical Development Office to comprehensively plan and develop new products and digital technologies. Looking ahead to further advances in the digital society, it will promote the technical development of products and solutions using information and communications technology for markets including the plant, automation-equipment and field DX sectors.」
After ending new sales of the wearable-camera service, the Company established the Product Development Department and is restructuring the new business model around developing products and solutions for plants, automation equipment and field DX. - FY2024AdvancedAnnual report
「To expand sales of the service and its links with communications-related businesses, the Company established an in-house specialist department, the Digital Innovation Center. The center has been conducting market development and researching customer needs, and is working to expand sales by broadening its sales network through expanding its lineup of models to meet those needs and strengthening cooperation with distributors.」
For the wearable-camera video communication service, the Company has specified concrete measures, including expanding the specialist department, market development, the model lineup and the distributor network. - FY2022RaisedAnnual report
「Going forward, in addition to this solution, we will accelerate efforts to build new business models in the environmental and communications fields, as well as efforts to address social issues, including the transition to carbon neutrality.」
In addition to the wearable-camera solution, the scope of the new business model has been expanded to environmental, communications and carbon-neutrality initiatives, with efforts to be accelerated. - FY2021AdvancedAnnual report
「As a new business model, the Group is working to provide wearable camera solutions using ICT (information and communications technology). Specifically, it has entered into a business alliance with NIPPON TELEGRAPH AND TELEPHONE EAST CORPORATION (NTT East) for a "video communication service using wearable cameras," a system that connects remote locations with worksites in real time through video and audio for practical use. / Sales began in September 2020. Models equipped with new functions have also been sold since April 2021.」
The new business model has been developed into a wearable-camera video communication service, with sales launched in September 2020 and models with new functions launched in April 2021. - FY2019First statedAnnual report
「We will work to build a new business model.」
Separate from strengthening existing businesses, the Company has for the first time explicitly identified building a new business model as a management issue.