Revenue Growth and Earnings Improvement in the Europe and Americas Businesses
First written in FY2018-Q1. 14 of 27 entries say "Worsened", first in FY2018-Q3. Latest entry: FY2026.
Access moved to the "Worse" side of this theme in 2019.
0 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「For the fiscal year, revenue was at the same level as the previous year, while segment earnings increased, partly due to the effects of cost reductions in Europe.」
The Web platform business, including operations outside Japan, recorded revenue of ¥2,257 million and segment profit of ¥206 million, up from profit of ¥49 million in the previous fiscal year. - FY2024WorsenedAnnual report
「Meanwhile, the cancellation of some development projects and higher costs in Japan affected revenue and segment profit/(loss). In Europe, the company optimized its organizational structure and consolidated or closed business locations in light of market and business conditions.」
Revenue from the Web platform business fell 8.0% year on year due to the cancellation of domestic development projects, higher costs and the reorganization of European locations. The segment loss was ¥102 million. - FY2024-Q2AdvancedAnnual report
「In the cumulative second-quarter period of the current consolidated fiscal year, revenue and profit increased year on year due to an increase in overseas projects for in-vehicle browsers and development projects.」
Revenue from the Web platform business increased 5.2% year on year due to growth in browser and development projects for automotive applications outside Japan, while the segment loss also narrowed. - FY2024-Q1WorsenedAnnual report
「In the cumulative first-quarter period of the current consolidated fiscal year, revenue was flat year on year because the recognition timing for high-margin projects shifted to the second quarter and later, while revenue from other projects increased. Segment profit and loss declined.」
Although revenue increased from other projects, revenue from the Web platform business rose only 0.9% year on year because the timing of revenue recognition for high-margin projects changed. Segment profit/(loss) worsened from a ¥4 million loss to a ¥23 million loss. - FY2023AdvancedAnnual report
「As a result, revenue and profit increased year on year, and the business returned to profitability.」
Revenue from the Web platform business increased from ¥1,844 million to ¥2,249 million, while segment profit/(loss) swung from a ¥321 million loss to a ¥169 million profit. - FY2023-Q2WorsenedAnnual report
「For the cumulative second quarter under review, revenue and profit declined year on year, mainly because the timing of contracts for some domestic browser projects for automotive applications changed.」
The Web platform business recorded revenue of ¥895 million and a segment loss of ¥154 million, with revenue and profit declining year on year due to changes in the timing of contracts for some domestic browser projects for automotive applications. - FY2023-Q1ReframedAnnual report
「The “Web platform business,” comprising the Web platform business in Japan together with overseas locations in Europe, China and South Korea」
The former Europe and Americas business and overseas business segments were discontinued and reorganized into a single segment combining the domestic and overseas Web platform businesses. The Web platform business recorded higher revenue year on year and a narrower loss. - FY2022AdvancedAnnual report
「During the fiscal year under review, losses in Europe expanded year on year due to delays in the full-scale launch of the market for in-vehicle infotainment. At other locations, royalty income associated with shipments of TVs equipped with the Company's browser increased. As a result, revenue increased year on year.」
While losses in Europe widened due to delays in the automotive infotainment field, the overseas business as a whole recorded higher revenue because of increased royalty revenue from TVs. The theme of higher revenue and improved profitability in the overseas business shifted to one involving differing progress at each location. - FY2022-Q3AdvancedAnnual report
「For the cumulative third quarter under review, revenue increased year on year due to higher royalty revenue based on shipments of TVs equipped with the company's browser.」
Revenue from the overseas business was ¥352 million, up 55.0% year on year, while the segment loss narrowed from ¥519 million to ¥436 million. - FY2022-Q2AdvancedAnnual report
「Overseas business | Previous cumulative second quarter | Current cumulative second quarter | YoY | Revenue from external customers | ¥164 million | ¥261 million | 59.1% | Segment profit/(loss) | (¥358 million) | (¥281 million)」
Revenue from the overseas business increased 59.1%, while the segment loss narrowed from ¥358 million to ¥281 million. - FY2022-Q1AdvancedAnnual report
「The number of business negotiations in the automotive infotainment field also increased steadily, resulting in higher revenue and profit year on year.」
Revenue from the overseas business increased from ¥89 million to ¥120 million, up 34.4%, while the segment loss narrowed from ¥179 million to ¥146 million. - FY2021WorsenedAnnual report
「Overseas business | Previous fiscal year | Current fiscal year | YoY | Revenue from external customers | ¥998 million | ¥430 million | (56.9%) | Segment profit/(loss) | (¥85 million) | (¥587 million)」
Revenue from the overseas business declined from ¥998 million to ¥430 million, down 56.9%, while the segment loss widened from ¥85 million to ¥587 million. - FY2021-Q3WorsenedAnnual report
「For the segment's performance during the cumulative third quarter under review, revenue and earnings declined year on year due to the suspension of existing projects resulting from customers' plant shutdowns and other factors associated with the spread of COVID-19, lower royalty income resulting from reduced shipments of end products in key markets such as TVs and in-vehicle equipment, temporary stagnation in customers' business activities in the in-vehicle infotainment field, which we position as a major future growth area, and higher depreciation and amortization resulting from increased investment in product development.」
Revenue from the overseas business declined year on year from ¥421 million to ¥227 million, while the segment loss worsened from ¥301 million to ¥519 million. - FY2021-Q2WorsenedAnnual report
「For the cumulative second quarter under review, revenue and profit declined year on year due to the suspension of existing projects as customer companies shut down factories amid the spread of COVID-19; lower royalty revenue resulting from reduced shipments of end products such as TVs and automotive equipment in the main markets; stagnation in customer business activity in the automotive infotainment field, which is positioned as a major growth area; and higher depreciation and amortization expenses resulting from increased investment in product development.」
Revenue from the overseas business was ¥164 million, down 44.7% year on year, while the segment loss widened from ¥164 million in the same period of the previous fiscal year to ¥358 million, resulting in lower revenue and profit. - FY2021-Q1WorsenedAnnual report
「For the segment's performance during the cumulative first quarter under review, revenue and earnings declined year on year due to the downsizing of certain projects and an increase in depreciation and amortization resulting from increased investment in product development.」
Revenue from the overseas business was ¥89 million, down 24.8% year on year, while the segment loss was ¥179 million, resulting in lower revenue and profit year on year. - FY2020WorsenedAnnual report
「Overseas business | Previous fiscal year | Revenue: ¥1,064 million; Segment profit/(loss): ¥84 million | Current fiscal year | Revenue: ¥998 million; Segment profit/(loss): (¥85 million)」
The overseas business recorded lower revenue despite the contribution from NetRange to consolidated results, while segment profit/(loss) swung from a profit to an ¥85 million loss. - FY2020-Q3WorsenedAnnual report
「For the cumulative third quarter under review, revenue and profit declined year on year due to delays in securing projects in Germany in the automotive infotainment field and one-off expenses related to the acquisition of NetRange MMH GmbH, among other factors.」
Revenue from the overseas business was ¥421 million, down 40.4% year on year, while the segment loss widened from ¥11 million in the same period of the previous fiscal year to ¥301 million. Delays in securing projects in Germany and one-off expenses related to the NetRange acquisition were cited as factors. - FY2020-Q2WorsenedAnnual report
「For the cumulative second quarter under review, revenue in Germany declined from the same quarter of the previous fiscal year, mainly because sales fell following the completion of a large commissioned development project for automotive applications. However, synergies were created through sales, development and service provision with NetRange MMH GmbH, and the company expects to secure the projects initially anticipated for the full fiscal year. Business in China and South Korea remained broadly at the same level as in the same quarter of the previous fiscal year. As a result, revenue declined year on year, mainly owing to lower sales at the German location. Segment profit also declined year on year because of the impact of lower sales and the recognition of one-off expenses related to the acquisition of NetRange MMH GmbH.」
Revenue from the overseas business fell 41.1% year on year due to lower sales following the completion of a large commissioned development project in Germany and one-off expenses related to the acquisition of NetRange. The segment loss widened from ¥5 million to ¥156 million. - FY2020-Q1WorsenedAnnual report
「For the cumulative first quarter under review, revenue declined year on year because some projects were secured later than expected, while segment profit remained broadly unchanged.」
Revenue from the overseas business fell 36.9% year on year due to delays in securing some projects. Segment profit/(loss) was a loss at roughly the same level as in the same period of the previous fiscal year. - FY2019ReframedAnnual report
「For the segment's performance during the fiscal year under review, revenue declined year on year due to lower revenue from contract development in Europe, but segment profit increased as profitability improved through higher royalty income and cost reductions.」
Revenue from the overseas business fell 13.3% year on year, while segment profit increased from ¥41 million to ¥84 million. The business shifted from the previous pattern of higher revenue and improved profitability to one of lower revenue but improved profitability. - FY2019-Q3WorsenedAnnual report
「For the cumulative third quarter under review, revenue and profit declined year on year because contract negotiations for some projects in Europe were delayed, although the business as a whole progressed broadly in line with plan.」
Revenue from the overseas business was ¥707 million, down 22.1% year on year, due to delays in contract negotiations for some projects in Europe. Segment profit/(loss) swung from a profit in the same period of the previous fiscal year to an ¥11 million loss. - FY2019-Q2WorsenedAnnual report
「For the cumulative second quarter under review, revenue declined year on year because some projects were secured later than expected. Segment profit/(loss) remained broadly unchanged, however, as the profit margin improved mainly due to higher royalty revenue in Europe.」
Revenue from the overseas business fell 14.8% year on year, while segment profit/(loss) swung from a ¥3 million profit in the same period of the previous fiscal year to a ¥5 million loss. The delay in securing some projects was cited as a factor behind the decline in revenue. - FY2019-Q1ReframedAnnual report
「The segment's performance for the cumulative first quarter under review was largely unchanged from the same quarter of the previous fiscal year.」
The former standalone disclosure of the Europe and Americas business was consolidated into the “overseas business,” which includes Germany, China and South Korea. Performance of the Europe and Americas business is therefore no longer tracked separately. The overseas business as a whole recorded revenue of ¥188 million and a segment loss of ¥55 million. - FY2018AdvancedAnnual report
「Both the European and US businesses progressed smoothly, resulting in higher revenue and profit overall.」
Revenue from the Europe and Americas business increased from ¥2,541 million to ¥2,997 million, while segment profit rose from ¥47 million to ¥130 million, resulting in higher revenue and profit. - FY2018-Q3WorsenedAnnual report
「For the cumulative third quarter under review, revenue increased and segment profit/(loss) improved, as business involving “OcNOS®” progressed strongly at the US location and the business environment at the European location improved following the resolution of unprofitable projects that arose in the previous fiscal year. Cost improvements also progressed.」
Revenue increased 46.4% year on year, while the segment loss narrowed from ¥243 million to ¥34.35 million. However, segment profit of ¥32 million in the previous cumulative second quarter turned into a ¥34.35 million loss in the current period, with cumulative profit/(loss) changing from a profit to a loss. - FY2018-Q2AdvancedAnnual report
「The segment posted higher revenue and profit and returned to profitability during the cumulative second quarter of the current consolidated fiscal year. This reflected strong progress for OcNOS® at the US operation, the pull-forward of some projects, and progress in cost improvements at the European operation as unprofitable projects from the previous consolidated fiscal year were brought to an end.」
Revenue from the Europe and Americas business was ¥1,446 million, up 41.3% year on year, and segment profit was ¥32 million, turning profitable from a ¥146 million loss in the same period of the previous fiscal year. - FY2018-Q1First statedAnnual report
「Revenue in the network field increased compared with the same quarter of the previous fiscal year. Profitability at each location also improved, as the resolution of the unprofitable projects that arose at the European location in the previous fiscal year progressed smoothly.」
Revenue from the Europe and Americas business was ¥556 million, up 40.5% year on year, while the segment loss narrowed from ¥316 million in the same period of the previous fiscal year to ¥83 million. The disclosure cites higher revenue in the network field and progress in resolving unprofitable projects in Europe as the drivers.