Profitability issues arising from the expansion of the social infrastructure business
First written in FY2019-Q1. 7 of 13 entries say "Restated". Latest entry: FY2024-Q3.
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- FY2024-Q3RestatedAnnual report
「In the social infrastructure field, including communications, payment and transportation infrastructure and power, which supports society and enriches daily life, inquiries related to power and aerospace have increased, supported by the company’s embedded systems and web development experience in the automotive and product fields. Going forward, it will continue to focus on power and aerospace while also expanding into local government and public-sector markets.」
In response to profitability issues resulting from the expansion of the social infrastructure business, the Company continues to expand into power and space/aviation-related fields and into local government and public-sector markets. - FY2022-Q3RestatedAnnual report
「With 5G infrastructure development advancing, orders for service development using 5G infrastructure are strong. The company will continue to focus on 5G-related business.」
In response to profitability issues in the social infrastructure business, the Company continues to focus on 5G infrastructure development and services using 5G. - FY2022-Q2RestatedAnnual report
「We significantly increased sales, particularly from work related to the development of 5G infrastructure. As demand is strong for the development of services using 5G infrastructure, we will continue to focus on 5G-related business while also actively expanding our service development operations.」
In response to profitability issues in the social infrastructure business, the Company continues to focus on 5G infrastructure development and services using 5G. - FY2022-Q1MitigatedAnnual report
「We significantly increased sales, particularly from work related to the development of 5G infrastructure. As demand is strong for the development of services using 5G infrastructure, we will continue to focus on 5G-related business.」
In response to profitability issues in the social infrastructure business, the Company concentrated resources on 5G infrastructure development and services using 5G, and is increasing sales. - FY2021MitigatedAnnual report
「In fields involving systems that support daily life, including power, transportation, aviation, space, defense and communications, the company substantially increased revenue through 5G-related projects. Inquiries for 5G infrastructure development were particularly strong, while inquiries for proofs of concept to explore value-added applications of 5G also remained firm.」
In response to profitability issues in the social infrastructure business, the Company is focusing on 5G-related projects, infrastructure development and PoC, and increasing sales. - FY2020RestatedAnnual report
「Sales also increased in highly profitable fields such as smart parking, smart gas and sharing services using IoT devices. We will continue to focus on 5G communications infrastructure and highly profitable infrastructure services.」
In response to profitability issues in the social infrastructure business, the Company continues to focus on 5G, smart parking, smart gas and sharing services. - FY2020-Q3RestatedAnnual report
「In fields involving systems that support daily life, including power, transportation, aviation, space, defense and communications, we significantly increased sales from work related to the development of 5G communications infrastructure. Sales also increased in highly profitable fields such as smart parking, smart gas and sharing services using IoT devices.」
In response to profitability issues in the social infrastructure business, the Company is increasing sales in highly profitable fields such as 5G, smart parking and smart gas. - FY2020-Q2MitigatedAnnual report
「In fields involving systems that support daily life, including power, transportation, aviation, space, defense and communications, the company substantially increased revenue by shifting management resources to highly profitable areas such as 5G communications infrastructure development, smart parking using IoT devices and smart gas.」
In response to profitability issues in the social infrastructure business, the Company shifted resources to highly profitable fields such as 5G, smart parking and smart gas, and states that it increased sales. - FY2020-Q1MitigatedAnnual report
「In fields involving systems that support daily life, including power, transportation, aviation, space, defense and communications, the company substantially increased revenue by shifting management resources to highly profitable areas such as 5G communications infrastructure development, smart parking using IoT devices and smart gas.」
In response to profitability issues resulting from the expansion of the social infrastructure business, the Company shifted resources to highly profitable fields such as 5G, smart parking and smart gas, and states that it increased sales. - FY2019MaterialisedAnnual report
「To date, we have expanded our business mainly in power, transportation, aviation, space and defense. However, as a result of expanding our business scope too far, some projects with profitability issues had emerged.」
The Company states that projects with profitability issues had in fact emerged as a result of expanding the scope of its social infrastructure business. - FY2019-Q3RestatedAnnual report
「To date, we have expanded our business mainly in power, transportation, aviation, space and defense. However, as a result of expanding our business scope too far, some businesses have emerged that have profitability issues.」
The Company is reiterating its recognition that, as a result of expanding its business scope too far in the social infrastructure field, businesses with profitability issues have emerged. - FY2019-Q2RestatedAnnual report
「To date, we have expanded our business mainly in power, transportation, aviation, space and defense. However, as a result of expanding our business scope too far, some businesses have emerged that have profitability issues.」
The Company is reiterating its recognition that, as a result of expanding its business scope too far in the social infrastructure field, businesses with profitability issues have emerged. - FY2019-Q1First statedAnnual report
「To date, we have expanded our business mainly in power, transportation, aviation, space and defense. However, as a result of expanding our business scope too far, some businesses have emerged that have profitability issues.」
The Company is disclosing for the first time that, as a result of expanding its business scope too far in the social infrastructure field, businesses with profitability issues have emerged.