Strengthening the Electronics Business and Developing New Products
First written in FY2016. 15 of 42 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-07-31.
The whole theme swung hardest in 2022: 1 of 8 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- FY2026Recovery in high-value-added areas coincides with the difficulty of continuing the capacitor businessAnnual report
「The electronic components industry continued to recover in high-value-added areas, including AI applications, and inventory adjustments had largely run their course overall, with the balance between supply and demand showing signs of recovery. However, industrial and automotive applications remained sluggish against the backdrop of US trade policy and the slowdown in the Chinese economy, while demand recovery in consumer applications remained gradual.」
High-value-added areas such as AI applications, dust sensors for consumer applications and particle measuring equipment for industrial applications remained firm, but the company judged that continuing the capacitor business was difficult after recording losses for many years. - FY2026-H1Recovery in high-value-added areas coincided with a post-project decline in testing equipmentAnnual report
「The electronic components industry continued to recover in high-value-added areas, including AI applications, and inventory adjustments had largely run their course overall, with the balance between supply and demand showing signs of recovery. However, industrial and automotive applications remained sluggish against the backdrop of US trade policy and the slowdown in the Chinese economy, while demand recovery in consumer applications remained modest.」
High-value-added areas such as AI applications, dust sensors for consumer applications and particle measuring equipment for industrial applications remained firm, but measuring and testing equipment declined following the completion of large projects, resulting in segment profit of ¥156 million for electronic-related businesses, down 2.6% year on year. - FY2025AdvancedAnnual report
「In the measuring and testing equipment field, sales and profit both increased sharply as sales of absorption-spectroscopy moisture measuring equipment grew substantially and various testing systems related to transportation and packaging also increased.」
Absorption-spectroscopy moisture measuring equipment and testing systems for transportation and packaging grew, offsetting declines in sensors and capacitors. Electronic-related revenue was ¥3,760 million and segment profit was ¥243 million, with profit up 0.6%. - FY2025-H1Growth in measuring and testing equipment offset declines in sensors and capacitorsAnnual report
「In the sensor equipment field, particle measuring equipment and humidity sensors for consumer applications remained firm, but both dust sensors and humidity sensors for automotive applications declined, resulting in lower sales and profit. In the measuring and testing equipment field, sales and profit both increased sharply as sales of absorption-spectroscopy moisture measuring equipment grew substantially and various testing systems related to transportation and packaging also increased.」
Sensors for automotive applications and capacitors for industrial equipment applications declined, while absorption-spectroscopy moisture measuring equipment and testing systems for transportation and packaging grew. Segment profit for electronic-related businesses increased 7.2% year on year. - FY2024Measuring services and moisture measuring equipment increased, but weak sensors led to lower revenue and profitAnnual report
「In the measuring and testing equipment field, large testing systems declined, but drop testers for mobile device applications remained firm. Sales of absorption-spectroscopy moisture measuring equipment grew, and temperature and humidity measurement services also contributed to earnings, resulting in higher sales and profit.」
Consumer, automotive and industrial applications for humidity and dust sensors declined, while drop testers, moisture measuring equipment and temperature and humidity measurement services increased. Electronic-related revenue was ¥3,652 million and segment profit was ¥241 million, representing lower revenue and profit. - FY2024-Q3Measuring services increased, but declines in sensors and testing equipment led to lower revenue and profitAnnual report
「In the sensor equipment field, dust sensors declined in both consumer and automotive applications, while humidity sensor automotive applications remained firm but consumer and industrial applications declined, resulting in lower sales and profit overall. In the measuring and testing equipment field, temperature and humidity measurement services and maintenance and calibration services for measuring equipment increased, but sales and profit both declined as sales of moisture measuring equipment stalled and large testing systems and drop testers for mobile device applications declined. In the capacitor field, new-energy and lighting applications remained firm, but sales declined as industrial equipment applications weakened; profit increased, however, as adjustments to selling prices for products manufactured by overseas subsidiaries contributed to improvement.」
Temperature and humidity measurement services, maintenance and calibration services, and capacitor profit provided positive contributions, while sensors, testing equipment, moisture measuring equipment and capacitors for industrial equipment applications declined. Electronic-related revenue was ¥2,773 million and segment profit was ¥188 million, representing lower revenue and profit. - FY2024-Q2Measuring services and capacitors increased, but sensor demand declinedAnnual report
「In the sensor equipment field, dust sensors declined in both consumer and automotive applications, while humidity sensor automotive applications remained firm but consumer and industrial applications declined, resulting in lower sales and profit overall. In the measuring and testing equipment field, high-value-added impact testers performed well, temperature and humidity measurement services and maintenance and calibration services for measuring equipment increased, and sales of moisture measuring equipment also contributed, resulting in higher sales and profit. In the capacitor field, sales and profit both increased as new-energy, audio and lighting applications grew.」
Sensors declined in some consumer, automotive and industrial applications, while high-value-added impact testers, temperature and humidity measurement services, maintenance and calibration services, moisture measuring equipment and capacitor applications grew. Electronic-related businesses overall saw lower revenue and profit. - FY2024-Q1Profit improved through measuring services and price adjustments, but sensor demand declinedAnnual report
「In the sensor equipment field, dust sensors declined in both consumer and automotive applications, while humidity sensor industrial applications remained firm but consumer applications declined, resulting in lower sales and profit overall. In the measuring and testing equipment field, various testing systems related to transportation and packaging declined, but sales and profit both increased due to expanded sales of humidity measuring equipment and growth in temperature and humidity measurement services and maintenance and calibration services for measuring equipment.」
Sensor demand declined, mainly in consumer and automotive applications, while sales of humidity measuring equipment, temperature and humidity measurement services, and maintenance and calibration services increased. In the capacitor business, selling price adjustments contributed to improved profit, and segment profit for electronic-related businesses overall increased 4.7% year on year. - FY2023Growth in measuring equipment was offset by declines in sensors and capacitors, resulting in lower revenue and profitAnnual report
「In the measuring and testing equipment field, temperature loggers for logistics applications in transportation and packaging declined, but sales and profit both increased as sales of humidity measuring equipment grew sharply. In the capacitor field, lighting applications remained firm, but sales declined as industrial equipment applications weakened. Profit also declined, partly because selling prices for products manufactured mainly by overseas subsidiaries were adjusted with a delay to reflect higher manufacturing costs arising from the rapid depreciation of the yen and other factors.」
Humidity measuring equipment increased, but declines in sensor air purifier and consumer applications and capacitor industrial equipment applications resulted in lower revenue and profit for electronic-related businesses, with revenue of ¥3,897 million and segment profit of ¥308 million. - FY2023-Q3Growth in measuring equipment was offset by declines in sensors and capacitors, resulting in lower revenue and profitAnnual report
「In the measuring and testing equipment field, sales and profit both increased as sales grew for various testing systems related to transportation and packaging, temperature loggers for medical logistics applications, and humidity measuring equipment. In the capacitor field, lighting applications remained firm, but sales declined as industrial equipment applications weakened. Profit also declined, partly because selling prices for products manufactured mainly by overseas subsidiaries were adjusted with a delay to reflect higher manufacturing costs arising from the rapid depreciation of the yen and other factors. As a result, electronic-related revenue was ¥3,018 million, down 12.7% year on year, and segment profit was ¥246 million, down 33.0%.」
Temperature loggers for logistics applications, various testing systems, and humidity measuring equipment grew, while dust sensors for air purifier applications, humidity sensors for consumer applications, and capacitors for industrial equipment applications declined, resulting in lower revenue and profit for electronic-related businesses. - FY2023-Q2WorsenedAnnual report
「In the sensor equipment field, production adjustments and other effects from the reversal of special demand during the COVID-19 pandemic reduced dust sensor sales, mainly in air purifier applications, while humidity sensor sales also declined in consumer applications, resulting in lower sales and profit. In the measuring and testing equipment field, testing equipment orders were sluggish due to postponed capital investment, reducing sales, but profit increased on orders for temperature loggers for logistics measurement applications and expense reductions. In the capacitor field, sales declined as industrial equipment applications weakened, while profit also fell as higher raw material costs and a weaker yen increased manufacturing costs. As a result, electronic-related revenue was ¥1,961 million, down 17.3% year on year, and segment profit was ¥158 million, down 39.5%.」
Although orders for temperature loggers and expense reductions supported improvement, lower sensor demand, testing equipment orders and capacitor applications, together with higher costs from raw material inflation and yen depreciation, resulted in lower revenue and profit for electronic-related businesses. - FY2023-Q1WorsenedAnnual report
「In the sensor equipment field, automotive applications for dust sensors increased, but air purifier applications declined sharply, while consumer and automotive applications for humidity sensors also declined, resulting in lower sales and profit. In the measuring and testing equipment field, sales and profit both declined because temperature loggers for logistics measurement applications, which had been relatively strong in the previous year, failed to grow. In the capacitor field, sales remained firm, but profit declined due to higher raw material costs. As a result, electronic-related revenue was ¥943 million, down 25.0% year on year, and segment profit was ¥56 million, down 64.3%.」
Although automotive dust sensors increased, declines in air purifier applications, humidity sensors and temperature loggers, together with higher raw material costs, reduced electronic-related revenue and cut segment profit by 64.3%. - FY2022AdvancedAnnual report
「As a result, electronic-related revenue was ¥4,511 million, down 1.4% from the previous consolidated fiscal year, while segment profit was ¥449 million, up 22.2%.」
Although sales declined, profit from electronic-related businesses increased 22.2%, driven by automotive dust sensors, humidity sensors for consumer and industrial applications, drop testers for mobile devices, and capacitors with improved margins. - FY2022-Q3AdvancedAnnual report
「In the sensor equipment field, dust sensors for automotive applications remained strong, while humidity sensor automotive applications declined but consumer and industrial applications increased, resulting in higher sales and profit. In the measuring and testing equipment field, exports of drop testers for mobile device applications grew, and sales and profit both increased due to sales of loggers for managing COVID-19 vaccine temperatures and calibration services.」
Automotive dust sensors, humidity sensors for consumer and industrial applications, exports of drop testers, and vaccine temperature-management loggers and calibration services grew. Segment profit for electronic-related businesses was ¥368 million, up 146.7% year on year. - FY2022-Q2AdvancedAnnual report
「In the sensor equipment field, dust sensors grew in both air purifier and automotive applications, while humidity sensors also increased sharply in consumer electronics, office equipment and industrial applications, resulting in substantial increases in both sales and profit.」
Dust sensors for air purifier and automotive applications and humidity sensors for consumer electronics, office equipment and industrial applications grew. Electronic-related revenue was ¥2,371 million and segment profit was ¥262 million, up 287.6% year on year. - FY2022-Q1AdvancedAnnual report
「In the sensor equipment field, automotive applications for humidity sensors increased sharply, while dust sensors also increased in automotive applications and in air purifier applications for the domestic market, resulting in substantial increases in both sales and profit.」
Humidity sensor automotive applications and dust sensor applications for domestic air purifiers and automotive uses increased, resulting in electronic-related revenue of ¥1,258 million and segment profit of ¥158 million. The report also noted orders for temperature loggers and growth in capacitors for industrial machinery and new-energy applications. - FY2021AdvancedAnnual report
「In the sensor equipment field, orders for humidity sensors for industrial and other applications declined, but sales and profit for dust sensors both increased as air purifier applications in Japan, China and South Korea and automotive applications grew. In the measuring and testing equipment field, sales of testing equipment remained firm in both domestic and overseas markets, and sales increased while profit rose sharply after orders were received for a new temperature logger for managing the temperature of COVID-19 vaccines.」
Expansion of dust sensors for air purifier applications in Japan, China and South Korea and automotive applications progressed, as did orders for the new temperature logger for vaccine temperature management. Electronic-related revenue was ¥4,574 million and segment profit was ¥368 million, with profit up 237.6% year on year. - FY2021-Q3AdvancedAnnual report
「The electronic components industry remained in a difficult environment as the spread of COVID-19 disrupted production and reduced consumer appetite, although demand related to automobiles, mobile devices and industrial equipment showed signs of modest improvement. In the sensor equipment field, orders for humidity sensors for industrial and other applications declined, but sales and profit for dust sensors both increased as air purifier applications in Japan, China and South Korea and automotive applications grew. In the measuring and testing equipment field, overseas sales of drop testers remained firm, but sales declined as large testing systems and measuring equipment were sluggish due to weaker domestic capital investment; profit improved through expense reductions. In the capacitor field, sales declined due to the impact of COVID-19, including the temporary shutdown of a Malaysian plant, and weakness in lighting and cooking appliance applications, but profitability improved through a higher profit margin. As a result, electronic-related revenue was ¥3,094 million, up 1.7% year on year, and segment profit was ¥149 million, up 53.1%.」
Growth in dust sensors for air purifier applications in Japan, China and South Korea and in automotive applications, together with expense reductions and margin improvement, increased profit from electronic-related businesses. Sales of large testing systems and measuring equipment and capacitor sales declined, and the temporary shutdown of the Malaysian plant remained a factor. - FY2021-Q2Higher sensor revenue, but lower testing equipment and other products led to lower revenue and profitAnnual report
「Sales of dust sensors increased due to growth in air purifier applications for the domestic and Chinese markets and automotive applications, but profit declined because orders for high-margin products were sluggish. In the measuring and testing equipment field, sales and profit fell sharply as large testing systems declined amid weaker domestic and overseas capital investment, drop testers for electronic component applications remained sluggish, and measuring equipment also declined.」
Revenue from dust sensors increased in air purifier applications for Japan and China and in automotive applications, but weak orders for high-margin products and a decline in measuring and testing equipment resulted in lower revenue and profit for electronic-related businesses overall, with revenue of ¥1,921 million and segment profit of ¥67 million. - FY2021-Q1Automotive and new-energy applications provided support, but revenue and profit declinedAnnual report
「The electronic components industry remained in a difficult environment, with prolonged weakness in manufacturers’ appetite for capital investment due to extended US-China trade friction and the prolonged slowdown in the Chinese economy, while the spread of COVID-19 affected production and personal consumption. In the sensor equipment field, orders for dust sensors used in air purifiers for the profitable South Korean market were sluggish, but automotive applications increased. Humidity sensor automotive applications declined, leaving sales roughly flat year on year but reducing profit. In the capacitor field, operations were affected by the temporary shutdown of a Malaysian plant and declines in audio and cooking appliance applications, but sales and profit were both roughly flat as applications in new energy and industrial equipment increased.」
Automotive and new-energy applications provided support, but weakness in air purifier applications for South Korea, humidity sensors and measuring equipment, together with the temporary shutdown of the Malaysian plant, resulted in electronic-related revenue of ¥973 million and segment profit of ¥40 million. - FY2020AdvancedAnnual report
「In the sensor-related equipment field, sales and profit both declined as the Chinese air purifier market weakened, despite steady growth in dust sensors for automotive applications.」
The expansion of sensors for automotive applications and the development of products for industrial equipment, logistics and automotive applications were specified. However, segment profit for electronic-related businesses fell 39.1% year on year to ¥109 million due to weakness in the Chinese air purifier market, the mobile device market and domestic capital investment. - FY2020-Q3AdvancedAnnual report
「In the sensor-related equipment field, sales of dust sensors declined because orders for air purifier applications in the South Korean market were sluggish, despite steady growth in automotive applications. Profit increased due to expense reductions.」
Dust sensors for automotive applications increased, and expense reductions lifted profit in sensor-related equipment. However, air purifier applications for South Korea remained sluggish, and revenue for electronic-related businesses overall fell 5.2%. - FY2020-Q2Higher sensor revenue, but electronic-related businesses saw lower revenue and profitAnnual report
「The electronic components industry continued to face weak orders for smartphones, industrial equipment and factory automation-related products, due to restrained capital investment amid US-China trade friction and the slowdown in the Chinese economy. In the sensor-related equipment field, orders for dust sensors used in air purifiers for the South Korean market were sluggish, but sales and profit both increased as orders for the Chinese market remained firm and automotive applications grew steadily.」
Dust sensors for the Chinese market and automotive applications generated higher revenue and profit, but weak orders related to smartphones, industrial equipment and factory automation, together with a decline in testing equipment, resulted in lower revenue and profit for electronic-related businesses overall, with revenue of ¥2,011 million and segment profit of ¥68 million. - FY2020-Q1Profit improved through new impact testers and other products despite weaker overseas demandAnnual report
「In the drop and impact testing equipment field, orders for equipment sold overseas declined due to the sluggish mobile device market. However, sales increased and profit improved as orders for the new impact tester commercialized in the previous fiscal year increased.」
Orders for testing equipment for overseas markets declined due to the sluggish mobile device market, while sales and profit improved on higher orders for the new impact tester commercialized in the previous fiscal year. Segment profit for electronic-related businesses as a whole increased 49.9% year on year. - FY2019ReframedAnnual report
「In the electronics-related business, we will accelerate business development by establishing the operating foundations for each business, expand earnings in the sensor business, and stabilize the earnings base of our other businesses. We will also work to develop businesses that can become new sources of earnings in fields where we can leverage our proprietary technological strengths.」
The electronic business initiatives were reorganized around expanding sensor revenue, stabilizing the earnings base of existing businesses, and developing new revenue sources by leveraging proprietary technologies. In FY2019, segment profit fell 66.2% due to the decline in dust sensors. - FY2019-Q3Electronics-related profit declined as dust sensor declines continued, while impact testing equipment improvedAnnual report
「In the sensor-related equipment field, sales and profit from dust sensors, which had performed strongly in the previous fiscal year, declined substantially due to factors including inventory adjustments for air purifiers in China. Humidity sensors performed well, mainly for automotive applications, but sales of humidity measuring equipment declined. In the drop and impact testing equipment field, sales increased substantially and profitability improved due to increased orders for large impact testing equipment from domestic manufacturers.」
The decline in dust sensor sales and profit due to inventory adjustments for air purifiers in China continued, and electronics-related segment profit fell 79.7%. Meanwhile, orders and profitability improved for large impact testing equipment for domestic manufacturers. - FY2019-Q2Dust sensor declines continued, but impact testing equipment improvedAnnual report
「In the sensor-related equipment field, sales and profit from dust sensors, which had performed strongly in the previous fiscal year, declined substantially due to factors including inventory adjustments for air purifiers in China. In the drop and impact testing equipment field, sales increased substantially and profitability improved due to increased orders for large impact testing equipment from domestic manufacturers.」
Sales and profit from dust sensors declined substantially due to inventory adjustments for air purifiers in China, while large impact testing equipment for domestic manufacturers showed increased orders and improved profitability. Electronics-related segment profit fell 75.1% year on year overall. - FY2019-Q1Electronics-related profit declined sharply as dust sensor sales plungedAnnual report
「In the sensor-related equipment field, sales and profit from dust sensors, which had performed strongly in the previous fiscal year, declined substantially due to factors including inventory adjustments for air purifiers in China.」
Sales and profit from dust sensors declined substantially due to inventory adjustments for air purifiers in China, resulting in a 19.3% year-on-year decline in electronics-related sales and a 79.9% decline in segment profit. - FY2018-Q3AdvancedAnnual report
「In our Group's capacitor business, sales declined overall as sales for new energy and industrial equipment applications decreased, despite increases in audio and lighting applications. Profitability improved through cost reductions from transferring production to overseas factories. In the sensor-related equipment field, sales of dust sensors increased substantially as demand for air purifier applications in China and South Korea remained firm, and profitability also remained strong. As a result, electronics-related sales were ¥4,208 million, up 15.3% year on year, and segment profit was ¥456 million, up 75.6%.」
The company reported cost reductions for capacitors through the transfer of production to overseas factories, increased sales of dust sensors for China and South Korea, and a 75.6% increase in electronics-related segment profit, indicating progress in the electronics business's performance. - FY2018-Q2AdvancedAnnual report
「In our Group's capacitor business, sales declined for new energy and industrial equipment applications but increased for audio and lighting applications, resulting in an overall increase, while profitability improved through cost reductions from transferring production to overseas factories. In the sensor-related equipment field, sales of dust sensors increased substantially as demand for air purifier applications in China and South Korea remained firm, and profitability also remained strong.」
The company reported cost reductions for capacitors through the transfer of production to overseas factories, increased sales of dust sensors for China and South Korea, and strong profitability. Electronics-related segment profit was ¥277 million, up 129.3% year on year. - FY2018-Q1AdvancedAnnual report
「In the sensor-related equipment field, sales of dust sensors increased substantially as demand for air purifier applications in China and South Korea remained firm, and profitability also improved significantly. Sales of humidity measuring equipment increased for industrial applications, but humidity sensors declined mainly due to intensified competition in the domestic consumer electronics market.」
Sales and profitability improved for dust sensors for China and South Korea and humidity measuring equipment for industrial applications. Humidity sensors declined due to intensified competition in the domestic consumer electronics market, and differences across products continued. - FY2017AdvancedAnnual report
「In the sensor-related equipment field, sales of dust sensors increased substantially as demand for air purifier applications in China remained firm, and profitability also improved significantly. Sales of humidity measuring instruments increased for industrial applications, but sales of humidity sensors declined mainly due to intensified competition in the domestic consumer electronics market.」
Sales and profitability improved for dust sensors and humidity measuring instruments. Electronics-related sales were ¥5,115 million and segment profit was ¥415 million overall, although negative factors remained for humidity sensors, capacitors and testing equipment. - FY2017-Q3RestatedAnnual report
「In the sensor-related equipment field, sales of dust sensors increased substantially and profitability improved significantly as demand for air purifier applications in China remained firm. Meanwhile, sales of humidity sensors declined as demand for building air-conditioning applications remained sluggish.」
The improvement in sales and profitability of dust sensors and the sluggish demand for humidity sensors were reconfirmed. Deterioration in demand and profitability was also reported in the capacitor and drop and impact testing equipment fields, and differences across products in the electronics-related business continued. - FY2017-Q2AdvancedAnnual report
「In the sensor-related equipment field, sales of dust sensors increased substantially and profitability improved significantly as demand for air purifier applications in China remained firm. Meanwhile, sales of humidity sensors declined as demand for building air-conditioning applications remained sluggish.」
Sales and profitability of dust sensors improved substantially in air purifier applications for China. Sales of humidity sensors declined amid weak demand, resulting in differences across products in the electronics-related business overall. - FY2016First statedAnnual report
「In the electronics-related business, we aim to increase added value by further strengthening our existing strengths and developing new products.」
The company is using the strengthening of its existing strengths and new product development to increase added value in the electronics-related business.