Diversifying reliance on suppliers through new product development
First written in FY2016. 11 of 14 entries say "Restated". Latest entry: FY2023.
No other company in this theme has enough history to compare yet.
- FY2023RestatedAnnual report
「In this environment, toward sustainable growth, the company is working to expand its sales coverage in the automotive-related industry by strengthening its engineering capabilities and developing new products, while also expanding sales to the electrical, electronics and semiconductor industries, the machine tool and industrial machinery industries, and its global business.」
New product development continues as a measure to expand the sales scope and address dependence on the automotive-related industries. - FY2022RestatedAnnual report
「In this environment, toward sustainable growth, the company is working to expand its sales coverage in the automotive-related industry by strengthening its engineering capabilities and developing new products, while also expanding sales to the electrical, electronics and semiconductor industries, the machine tool and industrial machinery industries, and its global business.」
New product development continues as a measure to expand the sales scope and address dependence on the automotive-related industries. - FY2021-Q2RestatedAnnual report
「Against this backdrop, our Group extended the 9th Medium-Term Management Plan (FY2017–FY2019) by 1 year, based on the basic policy of “Strengthening the management foundation for the next generation,” and pursued initiatives including strengthening engineering capabilities, expanding the scope of component sales, expanding the global business and developing new products and offerings.」
Initiatives under the Ninth Medium-Term Management Plan, including product development, continued after the one-year extension. - FY2021-Q1RestatedAnnual report
「Against this backdrop, our Group extended the 9th Medium-Term Management Plan (FY2017–FY2019) by 1 year, based on the basic policy of “Strengthening the management foundation for the next generation,” and pursued initiatives including strengthening engineering capabilities, expanding the scope of component sales, expanding the global business and developing new products and offerings.」
Product development continued after the extension of the Ninth Medium-Term Management Plan. - FY2020RestatedAnnual report
「Amid expectations of further technological innovation in each field, the Group has pursued initiatives under the Ninth Medium-Term Management Plan for fiscal 2017 to fiscal 2019, whose basic policy was “strengthening the management foundation for the next era,” including strengthening its engineering capabilities, expanding its global business, broadening the scope of its component sales business, and developing products.」
Initiatives under the Ninth Medium-Term Management Plan, including product development, continue to be disclosed. - FY2020-Q3RestatedAnnual report
「Amid expectations of further technological innovation in various fields, our Group pursued initiatives under the 9th Medium-Term Management Plan (FY2017–FY2019), based on the basic policy of “Strengthening the management foundation for the next generation,” including strengthening engineering capabilities, expanding the global business, expanding the scope of component sales and developing new products and offerings.」
Product development has been reiterated as a continuing measure under the Ninth Medium-Term Management Plan. - FY2020-Q1RestatedAnnual report
「Amid expectations of further technological innovation in various fields, our Group pursued initiatives under the 9th Medium-Term Management Plan (FY2017–FY2019), based on the basic policy of “Strengthening the management foundation for the next generation,” including strengthening engineering capabilities, expanding the scope of component sales, expanding the global business and developing new products and offerings.」
Product development has been reiterated as a continuing measure under the Ninth Medium-Term Management Plan. - FY2019RestatedAnnual report
「Based on the Ninth Medium-Term Management Plan (fiscal 2017 to fiscal 2019), we worked to strengthen our engineering capabilities, expand our global business, expand the scope of component sales, and develop products and services.」
Product development is listed as a continuing measure under the Ninth Medium-Term Management Plan. - FY2019-Q3RestatedAnnual report
「Amid expectations of further technological innovation in various fields, our Group pursued initiatives under the 9th Medium-Term Management Plan (FY2017–FY2019), based on the basic policy of “Strengthening the management foundation for the next generation,” including strengthening engineering capabilities, expanding the global business, expanding the scope of component sales and developing new products and offerings.」
Product development has been reiterated as a continuing measure under the Ninth Medium-Term Management Plan. - FY2019-Q2RestatedAnnual report
「Amid expectations of further technological innovation in various fields, our Group pursued initiatives under the 9th Medium-Term Management Plan (FY2017–FY2019), based on the basic policy of “Strengthening the management foundation for the next generation,” including strengthening engineering capabilities, expanding the global business, expanding the scope of component sales and developing new products and offerings.」
Product development has been reiterated as a continuing measure under the Ninth Medium-Term Management Plan. - FY2019-Q1RestatedAnnual report
「Amid expectations of further technological innovation in various fields, our Group pursued initiatives under the 9th Medium-Term Management Plan (FY2017–FY2019), based on the basic policy of “Strengthening the management foundation for the next generation,” including strengthening engineering capabilities, expanding the scope of component sales, expanding the global business and developing new products and offerings.」
Product development has been reiterated as a continuing measure under the Ninth Medium-Term Management Plan. - FY2018ReframedAnnual report
「④ Development of products for the next generation」
The former “product development” initiative has been revised in the Ninth Medium-Term Management Plan to “development of products for the next generation,” reflecting a greater focus on the future. - FY2018-Q1ReframedAnnual report
「Amid expectations of further technological innovation in various fields, our Group launched the 9th Medium-Term Management Plan (FY2017–FY2019), based on the basic policy of “Strengthening the management foundation for the next generation,” and pursued initiatives including strengthening engineering capabilities, expanding the scope of component sales, expanding the global business and developing new products and offerings.」
The former initiative of developing new products with a view to diversifying supplier dependence has been incorporated into the Ninth Medium-Term Management Plan as a planned measure under the name “product development.” - FY2016First statedAnnual report
「To achieve a well-balanced product mix, we intend to further strengthen marketing activities, including the development of new products.」
In light of the weighting of OMRON Corporation products, new product development and stronger marketing are being pursued as countermeasures.