Addressing declining mobile demand by shifting toward automotive-related business
First written in FY2017-Q3. 21 of 33 entries say "Advanced", first in FY2017. Latest entry: FY2026.
The whole theme swung hardest in 2020: 2 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In the embedded solutions business, comprising embedded systems development and embedded systems verification, weakness in demand for automotive applications, the business’s main focus, accelerated from the third quarter onward. Nevertheless, we steadily accumulated projects across a diverse range of industries and ultimately maintained higher revenue (+6.5%) and profit (+1.1%).」
In response to weakening demand for automotive-related business, the company expanded projects across diverse industries, including industrial equipment, maintaining 6.5% growth in revenue and 1.1% growth in gross profit for the embedded business as a whole. - FY2026-H1AdvancedAnnual report
「In embedded system verification, performance did not progress entirely smoothly because an automotive IVI project in Japan, which had contributed through the first quarter, ended earlier than anticipated. However, the expansion of automotive verification services in the United States resulted in double-digit increases in both revenue and gross profit.」
The expansion of automotive verification services in the United States offset the completion of the domestic automotive IVI project, resulting in double-digit increases in both revenue and gross profit. - FY2025-H1AdvancedAnnual report
「In embedded system verification, revenue and profit substantially exceeded the previous year after we received an order from a major parts manufacturer for an automotive IVI project, following the customer's evaluation of our track record.」
An order for an automotive IVI project was received from a major parts manufacturer, resulting in revenue and profit in embedded system verification substantially exceeding the previous year. - FY2024AdvancedAnnual report
「Automotive mass-production development, for which orders had shifted into a different period, began in the third quarter and contributed to performance. As a result, both revenue and profit steadily exceeded the previous year.」
Automotive mass-production development whose orders had shifted into a different period began in the third quarter and contributed to full-year performance alongside the strategic shift toward automotive-related business. - FY2024-Q3AdvancedAnnual report
「The embedded solutions business, comprising embedded system development and embedded system verification, steadily increased revenue and profit by further strengthening its strategic shift toward automotive-related business. In embedded system development, semiconductor-related business remained approximately at the previous year's level, but automotive research and development and home appliance IoT-related business grew more than anticipated. In addition, automotive mass-production development, for which orders had shifted into a different period, began in the third quarter.」
The company further strengthened its strategic shift toward automotive-related business, and automotive mass-production development whose orders had shifted into a different period began in the third quarter. Automotive research and development and home appliance IoT-related business also grew. - FY2024-Q2AdvancedAnnual report
「The embedded solutions business, comprising embedded system development and embedded system verification, increased both revenue and profit as automotive-related business performed strongly. In embedded system development, semiconductor-related business remained approximately at the previous year's level and some mass-production automotive development orders shifted into a different period, but automotive research and development and home appliance IoT-related business grew, resulting in steady increases in both revenue and profit compared with the previous year. In embedded system verification, automotive-related verification services grew, resulting in steady increases in both revenue and profit compared with the previous year.」
Automotive-related business remained strong, and growth in automotive research and development, home appliance IoT and automotive verification services resulted in higher revenue and profit than in the previous year. Some mass-production development orders shifted into a different period. - FY2024-Q1AdvancedAnnual report
「The embedded solutions business, comprising embedded system development and embedded system verification, benefited from strong automotive-related business and improved profitability, with the profit margin increasing by more than the revenue growth rate. In embedded system development, automotive, semiconductor and home appliance IoT-related business grew steadily, resulting in higher revenue and profit than in the previous year. In embedded system verification, automotive-related verification services grew, resulting in steady increases in both revenue and profit compared with the previous year.」
In addition to strong automotive-related business, growth in automotive, semiconductor and home appliance IoT-related development and automotive verification services resulted in higher revenue and profit than in the previous year. - FY2023AdvancedAnnual report
「The embedded solutions business, comprising embedded system development and embedded system verification, achieved substantial growth in both revenue and profit as automotive and semiconductor-related business recovered and verification services expanded beyond previous levels.」
Recovery in automotive and semiconductor-related business and expansion of verification services resulted in substantial growth in revenue and profit in the embedded solutions business. - FY2023-Q2AdvancedAnnual report
「The embedded solutions business, comprising embedded system development and embedded system verification, achieved substantial growth in both revenue and profit as automotive and semiconductor-related business recovered and verification services expanded beyond previous levels. In embedded system development, automotive-related business, which had shown signs of recovery since the second half of the previous fiscal year, recovered in earnest, while IoT-related business, including mobile and home appliance applications, also grew steadily, resulting in revenue and profit substantially exceeding the previous year. In embedded system verification, automotive-related verification services grew substantially, while 5G-related business, including mobile devices and base stations, energy-related business and pharmaceutical-related business expanded, resulting in both revenue and profit substantially exceeding the previous year.」
Recovery in automotive and semiconductor-related business, growth in IoT-related business, and expansion in automotive verification, 5G, energy and pharmaceutical-related business resulted in revenue and profit substantially exceeding the previous year. - FY2023-Q1AdvancedAnnual report
「The embedded solutions business, comprising embedded system development and embedded system verification, achieved substantial growth in both revenue and profit as automotive and semiconductor-related business recovered and verification services expanded beyond previous levels.」
Recovery in automotive and semiconductor-related business and expansion of verification services resulted in substantial growth in revenue and profit in the embedded business. - FY2022-Q3AdvancedAnnual report
「The embedded solutions business, comprising embedded system development and embedded system verification, achieved steady growth in both revenue and profit despite COVID-19, as semiconductor-related business grew substantially and verification services expanded beyond previous levels. In embedded system development, IoT-related business, including mobile and home appliance applications, remained approximately at the previous year's level, but automotive-related business, including the core semiconductor business, emerged from a plateau, resulting in revenue and profit substantially exceeding the previous year. In embedded system verification, automotive-related verification services grew substantially, 5G-related business, including mobile devices and base stations, expanded, and medical-related business grew significantly, resulting in both revenue and profit substantially exceeding the previous year.」
Growth in semiconductor, automotive-related business, automotive verification services, 5G and medical-related business resulted in higher revenue and profit in the embedded solutions business than in the previous year. - FY2022-Q2AdvancedAnnual report
「The embedded solutions business, comprising embedded system development and embedded system verification, achieved steady growth in both revenue and profit despite COVID-19, as semiconductor-related business grew substantially and verification services expanded beyond previous levels. In embedded system development, the core automotive-related business grew slightly and emerged from a plateau, semiconductor-related business grew substantially, and IoT-related business, including mobile and home appliance applications, was supported by solid demand, resulting in higher revenue and profit than in the previous year. In embedded system verification, automotive-related verification services grew substantially, while 5G-related business, including mobile devices and base stations, and medical-related business also grew steadily, resulting in both revenue and profit substantially exceeding the previous year.」
Growth in semiconductor-related business, automotive verification services, 5G, medical-related business and IoT-related business resulted in higher revenue and profit in the embedded business than in the previous year. - FY2022-Q1AdvancedAnnual report
「Within the embedded solutions business, comprising embedded system development and embedded system verification, automotive-related business in embedded system development did not recover as much as anticipated, but the substantial growth in automotive semiconductor business enabled it to exceed the previous year. IoT-related business, including mobile and home appliance applications, also expanded steadily. As a result, both revenue and profit exceeded the previous year despite the severe market conditions caused by COVID-19. In embedded system verification, 5G-related business, including mobile devices and base stations, remained strong, while medical-related business also grew substantially, resulting in both revenue and profit steadily exceeding the previous year.」
As automotive-related business recovered less than anticipated, automotive semiconductors, IoT including mobile and home appliance applications, 5G and pharmaceutical-related business provided support, resulting in higher revenue and profit than in the previous year. - FY2021AdvancedAnnual report
「The embedded solutions business, comprising embedded system development and embedded system verification, exceeded the previous year after steadily implementing measures in anticipation of the impact of COVID-19 on the automotive-related business into which it had strategically shifted. In embedded system development, orders from existing customers, including automakers and Tier 1 suppliers, continued despite weakening demand across the automotive market, keeping results approximately at the previous year's level. Semiconductor-related business grew substantially, while IoT-related business, including mobile, home appliance and communications applications, also expanded steadily. In addition, we were able to expand the industrial equipment market, where sales activities had been strengthened as an alternative to automotive-related business. As a result, both revenue and profit exceeded the previous year despite the severe market conditions caused by COVID-19. In embedded system verification, 5G-related business, including mobile devices and base stations, offset the decline in automotive-related business. As a result, both revenue and profit steadily exceeded the previous year.」
Measures were implemented in anticipation of a decline in automotive-related business, and semiconductor, communications, home appliance, IoT, industrial equipment and 5G-related business provided support, resulting in higher revenue and profit in the embedded business than in the previous year. - FY2021-Q3AdvancedAnnual report
「The embedded solutions business, comprising embedded system development and embedded system verification, exceeded the previous year after steadily implementing measures in anticipation of the impact of COVID-19 on the automotive-related business into which it had strategically shifted. In embedded system development, automotive-related business remained approximately at the previous year's level, while semiconductor- and communications-related business grew and IoT services for home appliances expanded, resulting in higher revenue and profit. In embedded system verification, a decline in automotive-related business was offset by 5G-related business, including mobile devices and base stations, resulting in revenue and profit exceeding the previous year.」
Measures were implemented in anticipation of a decline in automotive-related business, and semiconductor-, communications-, home appliance-, IoT- and 5G-related business provided support, resulting in the overall business exceeding the previous year. - FY2021-Q2AdvancedAnnual report
「The embedded solutions business, comprising embedded system development and embedded system verification, exceeded the previous year after steadily implementing measures in anticipation of the impact of COVID-19 on the automotive-related business into which it had strategically shifted. In embedded system development, automotive-related business grew only slightly, but semiconductor- and communications-related business grew, while IoT services for home appliances expanded, resulting in higher revenue and profit. In embedded system verification, a decline in automotive-related business was offset by mobile-related business, leaving revenue and profit approximately at the previous year's levels.」
Measures were implemented in anticipation of a decline in automotive-related business, and growth in semiconductor-, communications-related business and IoT services for home appliances enabled the embedded solutions business to exceed the previous year. - FY2021-Q1AdvancedAnnual report
「The embedded solutions business, comprising embedded system development and embedded system verification, was approximately at the previous year's level after steadily implementing measures in anticipation of a decline in the automotive-related business, into which it had strategically shifted, due to the impact of COVID-19. In embedded system development, automotive-related revenue declined slightly, but semiconductor-related and communications-related business grew, leaving revenue approximately at the previous year's level and resulting in a slight increase in profit. In embedded system verification, declines in automotive and medical-related business were offset by mobile-related business, but both revenue and profit fell short of the previous year.」
Measures were implemented in anticipation of a decline in automotive-related business due to COVID-19, with semiconductor-, communications- and mobile-related business providing partial support. - FY2020AdvancedAnnual report
「The embedded solutions business, comprising embedded system development and embedded system verification, showed strong growth as a result of the following strategic initiatives. In embedded system development, we steadily expanded into automotive and IoT-related fields, resulting in significant growth in both revenue and profit. In embedded system verification, the shift toward automotive-related work led to steady increases in both revenue and profit.」
The disclosure describes expansion into automotive and IoT-related fields in embedded development and a shift toward automotive-related work in verification, resulting in growth in both revenue and profit. - FY2020-Q2RestatedAnnual report
「The embedded solutions business showed strong growth as a result of successful strategic initiatives. In embedded system development, we steadily expanded into automotive and IoT-related fields, while in embedded system verification, we shifted toward automotive-related work. Both areas consequently showed solid growth.」
The company continues to explain that it expanded into automotive and IoT-related fields in embedded system development and shifted toward automotive-related work in verification. - FY2020-Q1AdvancedAnnual report
「The embedded solutions business showed strong growth as a result of successful strategic initiatives. In embedded system development, we steadily expanded into automotive and IoT-related fields, while in embedded system verification, we shifted toward automotive-related work. Both areas consequently showed significant growth.」
The disclosure states that expansion into automotive and IoT-related fields in embedded development and the shift toward automotive-related work in verification resulted in significant growth in both areas. - FY2019RestatedAnnual report
「The embedded solutions business continued to show steady growth in automotive equipment-related business, particularly due to an increase in orders related to connected cars, and delivered strong results.」
The disclosure continues to cite strong performance driven by growth in automotive equipment-related business and increased orders related to connected cars. - FY2019-Q3RestatedAnnual report
「The embedded solutions business continued to show steady growth in automotive equipment-related business, particularly due to an increase in orders related to connected cars, and delivered strong results.」
The company continues to explain that results were strong due to continued growth in automotive equipment-related business, particularly increased orders related to connected cars. - FY2019-Q2AdvancedAnnual report
「The embedded solutions business continued to show steady growth in automotive equipment-related business, particularly due to an increase in orders related to connected cars, and delivered strong results.」
The disclosure notes continued growth in automotive equipment-related business, particularly the specific progress of increased orders related to connected cars. - FY2019-Q1RestatedAnnual report
「The embedded solutions business got off to a strong start, with steady growth in automotive equipment-related business and an increase in orders related to communications modules, an area in which the group specializes.」
The company explains that the business got off to a strong start, supported by growth in automotive equipment-related business and increased orders related to its communications module expertise. - FY2018RestatedAnnual report
「The embedded solutions business showed strong growth, driven by steady growth in automotive equipment-related business and an increase in orders for mobile-related application development, primarily for smartphones, as well as embedded development related to various semiconductors.」
The company continues to explain that the business grew as orders increased for mobile applications and semiconductor-related embedded development, in addition to automotive equipment. - FY2018-Q3RestatedAnnual report
「The embedded solutions business showed strong growth, driven by steady growth in automotive equipment-related business and an increase in orders for mobile-related application development, primarily for smartphones, as well as embedded development related to various semiconductors.」
The company continues to explain that the business is growing as a result of increased orders for mobile application development and semiconductor-related embedded development, in addition to automotive equipment-related business. - FY2018-Q2RestatedAnnual report
「The embedded solutions business showed strong growth, driven by steady growth in automotive equipment-related business and an increase in orders for mobile-related application development, primarily for smartphones, as well as embedded development related to various semiconductors.」
In addition to automotive equipment-related business, orders increased for mobile application development and semiconductor-related embedded development, and the company explains that the business is growing. - FY2018-Q1Higher orders in both automotive and mobile applicationsAnnual report
「The embedded solutions business showed strong growth, driven by steady growth in automotive equipment-related business and an increase in orders for mobile-related application development, primarily for smartphones.」
The explanation has changed from offsetting lower mobile demand with automotive-related business to describing growth in both automotive equipment-related business and mobile-related application development. - FY2017AdvancedAnnual report
「In the embedded solutions business, measures to offset lower mobile-related demand with automotive-related business resulted in increases in both revenue and profit overall.」
The company explains that measures to offset lower mobile-related demand with automotive-related business led to higher full-year revenue and profit in the embedded solutions business. - FY2017-Q3First statedAnnual report
「In the embedded solutions business, measures were implemented to offset lower mobile-related demand with automotive-related business. Revenue was approximately at the previous year's level, while profit improved and exceeded the same period of the previous year.」
The company describes newly developed concrete measures to offset lower mobile-related demand with automotive-related business, which led to improved profitability.