Komori
Seiryo Electric (4341) · InitiativeReframed

Entry into the telecommunications services business

First written in FY2018. 7 of 16 entries say "Restated". Latest entry: FY2023-Q1.

16entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2019-Q1 – FY2019RestatedFY2020-Q1 – FY2020-Q3RestatedFY2022-Q1 – FY2022-Q32018: 320182019: 420192020: 320202021: 320212022: 32022
Same theme, other companies

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2023-Q1ReframedAnnual report

    「Regarding the IoT business, the company determined that maintaining it independently would be difficult due to the deteriorating market environment caused by the prolonged impact of COVID-19 and other factors. It therefore integrated the business into the Information and Communications Systems business to leverage and roll out the expertise it had developed in its solutions business and create synergies.」

    The company shifted from maintaining IoT and Communications Services as an independent business to integrating them into the Information and Communications Systems business and leveraging the expertise in its existing solutions business.
  2. FY2022ReframedAnnual report

    「Beginning in the next fiscal year, the company will integrate the IoT business with the Information and Communications Systems business and use and roll it out in its solutions business to improve the added value of existing businesses and expand sales of IoT systems.」

    The company reorganized its strategy from expanding the IoT and Communications Services business as an independent new business to integrating it into the Information and Communications Systems business from the next fiscal year onward and using it in existing solutions.
  3. FY2022-Q3RestatedAnnual report

    「In the IoT business, the company is pursuing activities focused on expanding sales of related services developed to date using the Seiryo Business Platform (SBP). Amid continued difficult conditions, including stagnant sales activities and weaker customer appetite for investment due to the spread of COVID-19, the company worked to expand sales by pursuing sales activities that leverage its ability to propose solutions.」

    The company focused its activities on expanding sales of SBP-related services and continued solution-based sales activities that leverage its proposal capabilities amid stagnant sales activities and weaker customer appetite for investment.
  4. FY2022-Q2RestatedAnnual report

    「In the IoT business, the company is pursuing activities focused on expanding sales of related services developed to date using the Seiryo Business Platform (SBP). During the cumulative second quarter of the consolidated fiscal year, difficult conditions continued, including stagnant sales activities and weaker customer appetite for investment due to the spread of COVID-19. Nevertheless, the company worked to expand sales by continuing sales activities that leverage its solutions and implementing marketing initiatives.」

    The company focused its activities on expanding sales of SBP-related services and continued solution-based sales and marketing initiatives.
  5. FY2022-Q1RestatedAnnual report

    「In the IoT business, the company is pursuing activities focused on expanding sales of related services developed to date using the Seiryo Business Platform (SBP). During the cumulative first quarter of the consolidated fiscal year, difficult conditions continued, including stagnant sales activities and weaker customer appetite for investment due to the spread of COVID-19. Nevertheless, the company worked to expand sales by continuing sales activities that leverage its solutions and implementing marketing initiatives.」

    In the IoT business, the company focused its activities on expanding sales of already-developed SBP-related services and continued solution-based sales and marketing initiatives.
  6. FY2021-Q3AdvancedAnnual report

    「In the IoT business, the company is pursuing activities focused on expanding sales of related services developed to date using the Seiryo Business Platform (SBP). During the cumulative third quarter of the consolidated fiscal year, sales activities stagnated due to the impact of the spread of COVID-19, so this did not lead to higher revenue. However, in response to needs for preventing the spread of COVID-19, the company actively expanded the provision of systems useful for infection prevention, including the Ventilation Notification Package. Accordingly, revenue from the IoT business was ¥2 million, down 5.3% year on year, while the operating loss was ¥76 million, compared with an operating loss of ¥132 million in the same period of the previous year.」

    The company focused its activities on expanding sales of SBP-related services and expanded the provision of the Ventilation Notification Package and other offerings in response to needs for preventing the spread of infection. Although sales activities stagnated, the operating loss narrowed from ¥132 million in the same period of the previous year to ¥76 million.
  7. FY2021-Q2RestatedAnnual report

    「In the IoT business, the company is pursuing activities focused on expanding sales of related services developed to date using the Seiryo Business Platform (SBP). During the cumulative second quarter of the consolidated fiscal year, sales activities stagnated due to the impact of the spread of COVID-19, so this did not lead to higher revenue. However, in response to needs for preventing the spread of COVID-19, the company actively expanded the provision of systems useful for infection prevention, including the Ventilation Notification Package. Accordingly, revenue from the IoT business was ¥1 million, up 24.7% year on year, while the operating loss was ¥51 million, compared with an operating loss of ¥81 million in the same period of the previous year.」

    The company continued to focus on expanding sales of SBP-related services and expanded the provision of offerings such as the Ventilation Notification Package in response to needs for preventing the spread of infection. Although sales activities stagnated, the operating loss in the IoT business narrowed from ¥81 million to ¥51 million.
  8. FY2021-Q1ReframedAnnual report

    「In the IoT business, the company is pursuing activities focused on expanding sales of related services developed to date using the Seiryo Business Platform (SBP).」

    The focus of the Communications Services and IoT business shifted from service development and launch activities to activities focused on expanding sales of already-developed SBP-related services.
  9. FY2020-Q3RestatedAnnual report

    「In the IoT business, the company made aggressive investments in developing various services for the rollout of IoT services using the Seiryo Business Platform (SBP), as well as in establishing its internal structure for launching the business. During the fiscal year, it also pursued demonstration tests in collaboration with local governments and companies and strengthened sales activities to expand sales of the various services announced in the previous fiscal year.」

    The company continued to develop SBP IoT services, establish its structure for launching the business, conduct demonstration tests with local governments and companies, and strengthen sales activities.
  10. FY2020-Q2RestatedAnnual report

    「In the IoT business, the company made aggressive investments in developing various services for the rollout of IoT services using the Seiryo Business Platform (SBP), as well as in establishing its internal structure for launching the business. During the fiscal year, it also pursued demonstration tests in collaboration with local governments and companies and strengthened sales activities to expand sales of the various services announced in the previous fiscal year.」

    The company continued to develop SBP IoT services, establish its structure for launching the business, conduct demonstration tests with local governments and companies, and strengthen sales activities.
  11. FY2020-Q1RestatedAnnual report

    「In the IoT business, the company made aggressive investments in developing various services for the rollout of IoT services using the Seiryo Business Platform (SBP), as well as in establishing its internal structure for launching the business. During the fiscal year, it also pursued demonstration tests in collaboration with local governments and companies and strengthened sales activities to expand sales of the various services announced in the previous fiscal year.」

    The company continued to develop services for the rollout of SBP IoT services, establish its internal structure, conduct demonstration tests with local governments and companies, and strengthen sales activities.
  12. FY2019AdvancedAnnual report

    「In the IoT business, the company made aggressive investments in developing various services for the rollout of IoT services using the Seiryo Business Platform (SBP), as well as in establishing its internal structure for launching the business.」

    For the new business leveraging telecommunications and information and communications technologies, the company invested in SBP service development and in establishing its internal structure for launching the business.
  13. FY2019-Q3AdvancedAnnual report

    「During the cumulative third quarter of the consolidated fiscal year, the company used the Seiryo Business Platform (SBP) to launch product and service packages that contribute to improving corporate productivity, including the Urban Agriculture IoT Agricultural Cloud, the Indoor Location Information Solution Office IoT and the Business Reporting Tool Check-in, while also pursuing various activities such as demonstration tests in collaboration with local governments and companies.」

    The company launched concrete product and service packages using SBP and conducted demonstration tests with local governments and companies.
  14. FY2019-Q2AdvancedAnnual report

    「During the cumulative second quarter of the consolidated fiscal year, the company launched product and service packages using the Seiryo Business Platform (SBP) and pursued various activities, including demonstration tests in collaboration with local governments and companies.」

    The company developed concrete product and service packages using SBP and conducted demonstration tests in collaboration with local governments and companies.
  15. FY2019-Q1AdvancedAnnual report

    「In the IoT business, the company made aggressive investments in developing various services for the rollout of IoT services using the Seiryo Business Platform (SBP), as well as in establishing its internal structure for launching the business.」

    The company began investing in service development and internal infrastructure to roll out SBP IoT services as a new business leveraging telecommunications and information and communications technologies.
  16. FY2018First statedAnnual report

    「Creating new businesses by leveraging a broad range of telecommunications technologies and expertise」

    The company explicitly identified, as an initiative under its medium-term management plan, a plan to enter the communications services business by leveraging its existing telecommunications technologies and expertise.
Moved together

"Establishment of the IoT business as a standalone segment and launch of new services through SBP" moved the same way as this thread, in the same document, in 7 of its 16 moves.

755433★123456
  1. ★This thread
  2. 1Establishment of the IoT business as a standalone segment and launch of new services through SBP7×
  3. 2Strengthening and expanding the information and communications systems business centered on ICT solutions5×
  4. 3Strengthening Regional Store Strategy and Mobile Device Repair Expertise5×
  5. 4Regulatory Changes, Competition and Substitute-Device Risks in the Mobile Device Market4×
  6. 5Capturing Disaster Prevention and Mitigation Demand and Securing Recurring Maintenance Revenue3×
  7. 6Evolution toward communications-enabled operational support and service provision3×

★ 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.

When this could move next
Seiryo Electric's next results are scheduled for 2026-11-06. Read the earnings preview
News
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