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EXEO Group (1951) · FactExplicitly identifies the expansion of high-speed fiber access coverage

Declining Fixed-Line Construction and Steady Demand for Mobile Communications

First written in FY2016. 13 of 34 entries say "Restated". Latest entry: FY2026-H1.

34entries
10years
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ProgressHeldSoftenedWorseRestatedFY2016 – FY2019AdvancedFY2020 – FY2022-Q1OtherFY2025-H1 – FY2026-H12016: 320162017: 320172018: 420182019: 420192020: 420202021: 420212022: 420222023: 320232024: 320242025: 22025
Same theme, other companies
Declining orders due to reduced NTT optical-fiber and fixed-line communications constructionA theme 3 companies write about · 3 as a headwind · 0 as a tailwind

EXEO Group moved to the "Worse" side of this theme in 2023.

0 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1Explicitly identifies the expansion of high-speed fiber access coverageAnnual report

    「In the access sector, fiber-optic construction remained strong as high-speed fiber access services expanded their coverage areas and sales promotion progressed. In the mobile sector, some carriers continued to invest actively in construction to address poor connectivity mainly in urban areas, and the company responded by flexibly establishing the required capabilities.」

    In fixed-line communications, the expansion of high-speed fiber access service coverage is presented as a new source of demand for fiber-optic construction, while in mobile communications investment to improve communications quality in urban areas continues.
  2. FY2025Explicitly states the expansion of fixed-line fiber services and investment to improve urban communications quality.Annual report

    「In the access sector, fiber-optic construction remained strong as the coverage area of the NTT Group's FLET'S Hikari Cross service expanded. In the mobile sector, some carriers continued to invest in construction to address poor connectivity mainly in urban areas, and the company responded by flexibly establishing the required capabilities.」

    In fixed-line communications, it identifies fiber-optic construction associated with the expansion of FLET'S Hikari Cross coverage as a new source of demand, while in mobile communications it states that investment to improve communications quality in urban areas is continuing.
  3. FY2025-H1Explicitly states that some carriers are making new capital investments and undertaking business reorganizations.Annual report

    「In the mobile sector, some carriers are making new capital investments, including construction to address poor connectivity mainly in urban areas.」

    States that, while carriers continue to restrain investment, some carriers are making new capital investments to improve communications quality in urban areas.
  4. FY2024WorsenedAnnual report

    「In the mobile sector, including NCC companies, investment is being made to address poor connectivity mainly in urban areas, while some carriers continue to restrain investment.」

    Although investment is being made to improve communications quality in urban areas, some carriers continue to restrain investment, and revenue from the telecommunications carrier business fell 6.5% year on year to ¥253,494 million.
  5. FY2024-Q3Explicitly states investment to improve communications quality in urban areas.Annual report

    「In the mobile sector, including NCC companies, investment is being made to address poor connectivity mainly in urban areas, while some carriers continue to restrain investment.」

    States that, while carriers continue to restrain investment in the mobile sector, investment is also being made to address poor connectivity in urban areas.
  6. FY2024-Q2RestatedAnnual report

    「In the mobile sector, the company is developing a framework to accelerate productivity improvements through flexible construction capabilities in response to telecommunications carriers' restraint in capital investment and reduced orders. In the access sector, although demand for fiber-optic lines associated with remote-work needs arising from the COVID-19 pandemic has run its course, construction related to the maintenance and renewal of communications infrastructure has remained firm.」

    Continues to recognize a business environment in which telecommunications carriers are restraining capital investment and demand for fiber-optic lines has run its course, while maintenance and renewal construction for communications infrastructure remains firm.
  7. FY2024-Q1WorsenedAnnual report

    「In the mobile sector, the company is developing a framework to accelerate productivity improvements through flexible construction capabilities in response to telecommunications carriers' restraint in capital investment and reduced orders. In the access sector, although demand for fiber-optic lines associated with remote-work needs arising from the COVID-19 pandemic has run its course, construction related to the maintenance and renewal of communications infrastructure has remained firm.」

    States that telecommunications carriers' restraint in capital investment and reduced orders have continued in the mobile sector, while demand for fiber-optic lines associated with remote work has run its course in the access sector. At the same time, maintenance and renewal construction has remained firm.
  8. FY2023-Q3WorsenedAnnual report

    「In the mobile sector, including NCC companies, conditions have remained weak recently due to restrained investment by mobile carriers, but some initiatives toward expanding 5G have emerged, and the company is working through its backlog of construction projects and pursuing efficient operations.」

    The mobile sector has continued to weaken recently due to restrained investment by mobile carriers. At the same time, it describes initiatives toward expanding 5G and the completion of backlog construction projects.
  9. FY2023-Q2WorsenedAnnual report

    「In the mobile sector, including NCC companies, conditions have been weak recently due to restrained investment by mobile carriers, but investment in 5G wireless base stations is expected to continue over the medium to long term.」

    The mobile sector weakened recently due to restrained investment by mobile carriers. At the same time, it indicates that investment in 5G wireless base stations is expected to continue over the medium to long term.
  10. FY2023-Q1Investment in regional areas and multi-carrier supportAnnual report

    「Investment in mobile-related projects, including those of NCC operators, also progressed, particularly in regional areas, and we actively developed a structure capable of responding across multiple carriers.」

    While fixed-line fiber-optic construction remained firm, investment in the mobile business progressed mainly in regional areas, and the development of capabilities to support multiple carriers advanced.
  11. FY2022RestatedAnnual report

    「In the mobile sector, including NCC companies, orders for mobile construction by the NTT Group were restrained in the second half, but wireless base-station construction progressed steadily overall.」

    Indicates that wireless base-station construction, including 5G, progressed steadily overall despite some restraint on orders.
  12. FY2022-Q3AdvancedAnnual report

    「In the mobile sector, including NCC companies, wireless base-station construction progressed steadily, while measures such as developing multiskilled personnel to improve productivity were steadily advanced.」

    States that wireless base-station construction, including 5G, progressed steadily, indicating advancement to the execution stage of base-station development.
  13. FY2022-Q2RestatedAnnual report

    「In addition to continued aggressive mobile base-station investment by NCC companies, the increased time spent at home during the COVID-19 pandemic has accelerated digital adoption, and communications demand is expected to increase further as services are developed online.」

    Reconfirms continued mobile base-station investment by NCC companies and expectations for expanding communications demand driven by increased time spent at home.
  14. FY2022-Q1AdvancedAnnual report

    「In the mobile business, capital investment in 5G base stations by telecommunications carriers accelerated, and preparation work related to the Tokyo Olympic and Paralympic Games, in which the company also participated, was completed successfully.」

    States that capital investment in 5G base stations accelerated and preparation work related to the Tokyo Olympic and Paralympic Games was completed.
  15. FY2021AdvancedAnnual report

    「In addition to the acceleration of companies' 5G base-station development plans, new IT investment is accelerating as companies explore new ways of working, including telework, and promote digital transformation.」

    Describes the acceleration of IT investment driven by accelerated 5G base-station development plans, telework and corporate digital transformation as the business environment.
  16. FY2021-Q3AdvancedAnnual report

    「In the telecommunications carrier business, within the NTT Group's access business, fiber connection construction remained firm in both orders received and completed construction, driven by increased telework and other factors related to the COVID-19 pandemic. In the NCC sector, orders for 5G wireless base-station construction also increased and business remained strong.」

    Fiber connection construction remained firm in both orders received and completed construction, while orders for 5G wireless base-station construction also increased. The company now describes this as part of the telecommunications carrier business's performance alongside demand for fiber-optic lines, rather than simply as the stage of starting and increasing 5G orders.
  17. FY2021-Q2AdvancedAnnual report

    「In the NCC sector, business remained strong as orders for 5G wireless base-station construction gradually increased alongside 4G area expansion and densification work.」

    Describes 5G's progress from the launch of commercial services and the start of base-station construction orders to the stage at which orders gradually increased alongside 4G work.
  18. FY2021-Q1AdvancedAnnual report

    「In the NCC sector, operations remained on track as orders began for urban 5G wireless base-station construction.」

    Describes progress in 5G base-station development toward commercial service, reaching the stage at which orders began for urban wireless base-station construction.
  19. FY2020AdvancedAnnual report

    「In the information and communications sector, telecommunications carriers revised their pricing plans to separate device charges from communication charges, while 5G commercial services began and plans to accelerate base-station development were announced. The emergence of new services using 5G is expected as coverage expands.」

    States that 5G progressed from the stage of pre-commercial services and related orders to the launch of commercial services and the announcement of plans to accelerate base-station development.
  20. FY2020-Q3RestatedAnnual report

    「In the information and communications sector, ICT investment was strong as digital transformation progressed with the spread of IoT, AI and big-data analytics technologies. Telecommunications carriers continued to make solid capital investments, while base-station installation gradually progressed toward the launch of 5G services.」

    Continues to describe the progress of base-station installation toward the launch of 5G services and solid capital investment by telecommunications carriers.
  21. FY2020-Q2AdvancedAnnual report

    「Telecommunications carriers also continued to make solid capital investments, with the installation of base stations for 5G commercial services beginning ahead of schedule. In the telecommunications carrier business, the company began receiving 5G-related orders, including an order for mobile construction to provide 5G pre-commercial services at stadiums used as venues for Rugby World Cup matches, and business was strong.」

    The company reached the stage at which base-station installation for 5G commercial services began ahead of schedule and it received orders for mobile construction for 5G pre-commercial services at Rugby World Cup venues.
  22. FY2020-Q1AdvancedAnnual report

    「Telecommunications carriers were also seeing solid investment trends, with network construction beginning in preparation for 5G pre-commercial services and the launch of commercial services next spring.」

    Specifies the shift in demand from conventional 4G base-station development to the stage at which network construction had begun for 5G pre-commercial services and the launch of commercial services next spring.
  23. FY2019Explicitly states the shift in demand from the 4G era to the 5G era.Annual report

    「In the NTT Group business, the company strengthened its construction capabilities so that it could respond promptly to diverse customer needs arising with the arrival of the 5G era.」

    Explicitly identifies the arrival of the 5G era and the need to address diverse customer needs as the background to strengthening construction capabilities, in addition to conventional 4G wireless base-station development.
  24. FY2019-Q3RestatedAnnual report

    「Although telecommunications carriers have been somewhat restrained in their capital investment, fiber connection construction in fixed-line communications remained firm. In the mobile business, the company progressed with the enhancement and development of 4G wireless base stations, mainly in major urban areas, in response to rising mobile traffic as the use of smart devices such as smartphones and tablets expanded.」

    While indicating restraint in telecommunications carriers' capital investment, it continues to describe the strength of fixed-line fiber connection construction and the enhancement and development of 4G base stations driven by rising mobile traffic.
  25. FY2019-Q2RestatedAnnual report

    「Although telecommunications carriers have been somewhat restrained in their capital investment, fiber connection construction in fixed-line communications remained firm. In the mobile business, the company progressed with the enhancement and development of 4G wireless base stations, mainly in major urban areas, in response to rising mobile traffic as the use of smart devices such as smartphones and tablets expanded.」

    While indicating restraint in telecommunications carriers' capital investment, it continues to describe firm fixed-line fiber connection construction and the enhancement and development of 4G wireless base stations.
  26. FY2019-Q1RestatedAnnual report

    「Although telecommunications carriers have been somewhat restrained in their capital investment, growth in fiber connection construction in fixed-line communications has begun to slow. The company worked to expand operations and maintenance services, while in the mobile business it progressed with the enhancement and development of wireless base stations using new 4G frequency bands, mainly in major urban areas, in response to rising mobile traffic as the use of smart devices such as smartphones and tablets expanded.」

    While indicating the slowdown in growth in fixed-line fiber connection construction and restraint in telecommunications carriers' capital investment, it describes progress in operations and maintenance services and the development of base stations using new 4G frequency bands.
  27. FY2018RestatedAnnual report

    「Although telecommunications carriers have been somewhat restrained in their capital investment, growth in fiber connection construction in fixed-line communications has begun to slow. The company worked to expand operations and maintenance services, while in the mobile business it progressed with the enhancement and development of wireless base stations using new 4G frequency bands, mainly in major urban areas, in response to rising mobile traffic as the use of smart devices such as smartphones and tablets expanded.」

    Continues to describe the slowdown in growth in fixed-line fiber connection construction and progress in 4G base-station development driven by rising mobile traffic.
  28. FY2018-Q3Explicitly states that growth in fixed-line communications has slowed.Annual report

    「In the information and communications sector, the spread of fiber-optic lines in fixed-line communications has begun to slow, although the spread of new value-added services such as the Fiber Collaboration Model is expected. In mobile communications, network enhancement and development progressed in response to rising mobile traffic as the use of smart devices such as smartphones and tablets expanded, with LTE-Advanced entering full-scale deployment.」

    States that, in addition to the ongoing decline in conventional fixed-line communications-related construction, the spread of fiber-optic lines itself has begun to slow. At the same time, it continues to indicate progress in value-added services and mobile network enhancement.
  29. FY2018-Q2RestatedAnnual report

    「In the information and communications sector, fixed-line communications-related construction, including fiber access, continued to trend downward, but the spread of new value-added services such as the Fiber Collaboration Model is expected. Mobile communications-related construction progressed, including the enhancement and development of network infrastructure in response to rising mobile traffic as the use of smart devices such as smartphones and tablets expanded, with LTE-Advanced entering full-scale deployment.」

    Continues to describe the decline in fixed-line communications-related construction, expectations for the spread of value-added services, and progress in mobile communications-related construction and network enhancement.
  30. FY2018-Q1RestatedAnnual report

    「In the information and communications sector, fixed-line communications-related construction, including fiber access, continued to trend downward, but the spread of new value-added services such as the Fiber Collaboration Model is expected. Mobile communications-related construction progressed, including the enhancement and development of network infrastructure in response to rising mobile traffic as the use of smart devices such as smartphones and tablets expanded, with LTE-Advanced entering full-scale deployment.」

    Continues to describe the decline in fixed-line communications-related construction, expectations for the spread of value-added services, and progress in mobile communications-related construction and network enhancement.
  31. FY2017-Q3RestatedAnnual report

    「In the information and communications sector, fixed-line communications-related construction, including fiber access, continued to trend downward, but the spread of new value-added services such as the Fiber Collaboration Model is expected. Mobile communications-related construction progressed, including the development and enhancement of network infrastructure in response to rising mobile traffic and higher speeds driven by the spread of broadband-enabled smartphones and tablets, as LTE-Advanced entered full-scale deployment.」

    Continues to describe the business environment of declining fixed-line communications-related construction and progress in value-added services and mobile communications-related construction.
  32. FY2017-Q2RestatedAnnual report

    「In the information and communications sector, fixed-line communications-related construction, including fiber access, continued to trend downward, but the spread of new value-added services such as the Fiber Collaboration Model is expected. Mobile communications-related construction progressed, including the development and enhancement of network infrastructure in response to rising mobile traffic and higher speeds driven by the spread of broadband-enabled smartphones and tablets, as LTE-Advanced entered full-scale deployment.」

    Continues to describe the decline in fixed-line communications-related construction, new services such as the Fiber Collaboration Model, and progress in mobile communications-related construction, as in the previous quarter.
  33. FY2017-Q1RestatedAnnual report

    「In the information and communications sector, fixed-line communications-related construction, including fiber access, continued to trend downward, but the spread of new value-added services such as the Fiber Collaboration Model is expected. Mobile communications-related construction progressed, including the development and enhancement of network infrastructure in response to rising mobile traffic and higher speeds driven by the spread of broadband-enabled smartphones and tablets, as LTE-Advanced entered full-scale deployment.」

    Reconfirms the business environment of declining fixed-line construction alongside progress in mobile communications-related construction and new value-added services.
  34. FY2016First statedAnnual report

    「Although fixed-line communications construction, including fiber access, continued to trend downward, mobile communications construction advanced as network environments were built and upgraded in response to rising mobile traffic and higher speeds driven by the growing use of smartphones and tablets over broadband, including the full-scale rollout of LTE-Advanced.」

    The business environment is characterized by declining fixed-line communications construction and progress in mobile communications construction driven by LTE-Advanced, rising mobile traffic, and higher speeds.
Moved together

"Developing the System Solutions Business into a Second Core Business" moved the same way as this thread, in the same document, in 11 of its 34 moves.

1186655★123456
  1. ★This thread
  2. 1Developing the System Solutions Business into a Second Core Business11×
  3. 2Expanding the Urban Infrastructure Business as a Growth Engine8×
  4. 3Flexible Capital Policy and Improved Capital Efficiency through Share Repurchases6×
  5. 4Expanding ICT Solutions, Maintenance, Cloud and Geospatial Businesses6×
  6. 5Improving Productivity and Quality and Enhancing Efficiency in the Telecommunications Infrastructure Construction Business5×
  7. 6Improving Construction Efficiency through the Integration and Reorganization of Group Subsidiaries5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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EXEO Group's next results are scheduled for 2026-11-06. Read the earnings preview
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