Development of new business areas
First written in FY2017-Q1. 17 of 31 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2025.
JMACS Japan moved to the "Worse" side of this theme in 2023, 1 year before the typical company in this theme (2024).
47 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「This change was made because we determined that disclosing the business as a single segment, the wire business, more appropriately reflects our actual management structure, following the downsizing of the total solutions business in the previous fiscal year.」
The company continues to reflect a narrowed business scope, including the downsized total solutions business, rather than expansion into new business fields. - FY2025-H1RestatedAnnual report
「This change was made because we determined that disclosing the business as a single segment, the wire business, more appropriately reflects our actual management structure, following the downsizing of the total solutions business in the previous fiscal year.」
The company continues to disclose a narrowing of its business scope, including the downsized total solutions business, rather than expansion into new business fields. - FY2025-Q1SoftenedAnnual report
「This change was made because we determined that disclosing the business as a single segment, the wire business, more appropriately reflects our actual management structure, following the downsizing of the total solutions business in the previous fiscal year.」
The document explicitly states that the total solutions business was downsized in the previous fiscal year, indicating a shift from expanding the existing business area toward narrowing the scope of operations. - FY2024SoftenedAnnual report
「As the business had remained difficult to make profitable for many years, the company will initially scale it back and review the business in order to develop and sell products that match the times and customer needs.」
Regarding the development of new business fields, the scope has narrowed toward downsizing the total solutions business once and reviewing the target products and business activities to align them with customer needs. - FY2024-Q3ReframedAnnual report
「In the Total Solutions business, smart-glass sales were strong, but sales of other systems continued to decline. Revenue was ¥140.726 million, down 30.6% from the same quarter of the previous year, and the segment recorded a loss of ¥66.406 million, compared with a segment loss of ¥110.538 million in the same quarter of the previous year.」
In the new business area, strong sales of smart glasses coexisted with declining sales of other systems. Total business net sales declined, but the segment loss narrowed. - FY2024-Q2WorsenedAnnual report
「In the Total Solutions business, inquiries for nvEye’sⓇ, the remote-work support system, and other products declined. Revenue was ¥52.365 million, down 69.0% from the same quarter of the previous year, and the segment recorded a loss of ¥51.409 million, compared with a segment loss of ¥63.455 million in the same quarter of the previous year.」
The document reports a decline in inquiries and a 69.0% year-on-year decrease in net sales in the total solutions business, developed as a new business area, indicating deteriorating progress in commercialization and market development. - FY2024-Q1WorsenedAnnual report
「In the Total Solutions business, there were inquiries about smart glasses using nvEye’s (remote-support system), JSEEQ-CareⓇ (nursing-care support system), and other products. However, revenue was ¥33.342 million, down 68.7% from the same quarter of the previous year, and the segment recorded a loss of ¥31.116 million, compared with a segment loss of ¥17.338 million in the same quarter of the previous year.」
Although there were inquiries about major products in the total solutions business, developed as a new business field, net sales declined sharply and the segment loss widened. - FY2023-Q3ReframedAnnual report
「In the Total Solutions business, sales of nvEye’sⓇ, a remote-work support system that can be installed on smart glasses, were strong. However, sales of the jSeeq-care nursing-care support system were weak, procurement prices rose due to the weaker yen, and business negotiations were delayed by the rapid spread of COVID-19. As a result, revenue was ¥202.692 million, down 26.8% from the same quarter of the previous year, and the segment recorded a loss of ¥110.613 million, compared with a segment loss of ¥75.962 million in the same quarter of the previous year.」
In the new business area, strong performance by nvEye’s coexisted with weak performance by jSeeq-care, while delays in business negotiations also caused total business sales and earnings to deteriorate. The disclosure has shifted to describe differing progress by product. - FY2023-Q2AdvancedAnnual report
「In the total solutions business, sales of the new Navigator500 model of nvEye’sⓇ, a remote work support system that can be installed on smart glasses, were particularly strong, bringing net sales to ¥168.694 million, down 19.5% year on year,」
The document states that sales of the new Navigator500 model of the nvEye’s remote work support system were particularly strong in the total solutions business, developed as a new business field, indicating specific progress in product deployment. However, total business net sales declined year on year. - FY2023-Q1AdvancedAnnual report
「In the Total Solutions business, sales and inquiries for nvEye’s (remote-support system) and JSEEQ-CareⓇ (nursing-care support system) were both strong. For other products, the company is reviewing product concepts and working on renewals with the aim of turning the business profitable. Revenue was ¥106.389 million, and the segment recorded a loss of ¥17.338 million.」
In the total solutions business, developed as a new business area, sales of and inquiries about products supporting remote operations and nursing-care sites were strong, resulting in net sales of ¥106.389 million. - FY2022-Q3RestatedAnnual report
「In the total solutions business, net sales reached ¥276.719 million due to continued orders for smart glasses capable of supporting remote operations using nvEye’s and for JSEEQ-CareⓇ installed at nursing-care facilities and other sites,」
The total solutions business, developed as a new business field, has continued to receive orders for smart glasses and JSEEQ-Care. - FY2022-Q2AdvancedAnnual report
「In the total solutions business, net sales reached ¥209.606 million due to increased orders for smart glasses capable of supporting remote operations and for JSEEQ-CareⓇ, whose installations at nursing-care facilities and other sites are increasing,」
The document reports increased orders for smart glasses and JSEEQ-Care for nursing-care facilities in the total solutions business, developed as a new business area, along with net sales of ¥209.606 million. - FY2022-Q1AdvancedAnnual report
「In the total solutions business, increased shipments of smart glasses and projects won resulted in revenue of ¥127.341 million, up 72.0% year on year」
In the total solutions business, developed as a new business area, increased shipments of smart glasses and project acquisitions resulted in net sales 72.0% higher year on year. - FY2021AdvancedAnnual report
「In the total solutions business, shipments, led by smart glasses for remote work support, increased in response to the spread of COVID-19, bringing net sales to ¥406.050 million, up 146.0% from the previous fiscal year.」
Shipments, led by smart glasses, increased in the total solutions business, developed as a new business field, resulting in net sales 146.0% higher than in the previous fiscal year. - FY2021-Q3AdvancedAnnual report
「In the total solutions business, orders for smart glasses increased amid the spread of COVID-19, and revenue reached ¥239.207 million, up 124.0% year on year, following completion of acceptance inspections for a large-scale project. Improved profitability through project management resulted in a segment loss of ¥60.688 million, compared with a segment loss of ¥123.377 million in the same period of the previous year.」
The document describes specific progress in the total solutions business, developed as a new business field, including orders for smart glasses, completion of acceptance inspections for a large-scale project and a 124.0% year-on-year increase in net sales. - FY2021-Q2AdvancedAnnual report
「In the total solutions business, orders for smart glasses increased amid the spread of COVID-19, and revenue reached ¥139.379 million, up 121.7% year on year, following completion of acceptance inspections for a large-scale project. Improved profitability through project management resulted in a segment loss of ¥50.536 million, compared with a segment loss of ¥90.918 million in the same period of the previous year.」
The document describes specific progress in the total solutions business, developed as a new business area, including orders for smart glasses, completion of acceptance inspections for a large-scale project and a 121.7% year-on-year increase in net sales. - FY2021-Q1AdvancedAnnual report
「In the total solutions business, net sales increased to ¥74.031 million, up 97.9% year on year, due to the acquisition of projects and an increase in orders for smart glasses,」
In the total solutions business, which has been developed as a new business field, project acquisitions and orders for smart glasses increased, resulting in net sales 97.9% higher year on year. - FY2020AdvancedAnnual report
「In the total solutions business, we focused on expanding sales, particularly of smart glasses, resulting in revenue of ¥162.926 million, up 77.1% from the previous consolidated fiscal year.」
Sales expansion progressed in the total solutions business, positioned as a new growth field, and net sales rose 77.1% year on year. - FY2020-Q3AdvancedAnnual report
「In the total solutions business, orders increased, bringing net sales to ¥106.791 million, up 62.9% year on year.」
Orders increased in the total solutions business, positioned as a new growth field, resulting in net sales 62.9% higher year on year. - FY2020-Q2AdvancedAnnual report
「In the total solutions business, orders increased, bringing net sales to ¥62.864 million, up 57.0% year on year.」
Orders increased in the total solutions business, positioned as a new growth field, resulting in net sales 57.0% higher year on year. - FY2020-Q1AdvancedAnnual report
「In the total solutions business, net sales increased to ¥37.414 million, up 108.1% year on year, due to an increase in orders,」
Orders increased in the total solutions business, positioned as a new growth field, and net sales rose 108.1% year on year. - FY2019-Q3AdvancedAnnual report
「We are focusing on developing new products to address increasingly diverse customer needs, including AI image-processing systems, wearable systems for remote work support using smart glasses, and the high-precision predictive maintenance sensing system PICCS. Sales of smart glasses and PICCS are trending upward, with net sales of ¥65.558 million, up 7.2% year on year.」
The document describes ongoing development in new fields, including AI image processing, wearables and predictive maintenance systems, as well as progress in commercialization reflected in increased sales of smart glasses and PICCS. - FY2019-Q2AdvancedAnnual report
「Regarding product sales, sales of smart glasses and PICCS increased, and revenue was ¥40.029 million, up 19.9% year on year.」
The document reports specific results for smart glasses and PICCS, which are associated with new growth fields, including increased sales and net sales. - FY2018ReframedAnnual report
「To establish a stronger future earnings base, we will launch total solutions and overseas businesses and expand new business areas by selecting and concentrating resources on growth fields.」
The policy has been reorganized from expanding new areas centered on the former total solutions business to selecting and concentrating resources on two growth businesses, including the overseas business, in order to expand new business areas. - FY2018-Q3AdvancedAnnual report
「Orders for smart glasses and various sensor systems increased, bringing net sales to ¥61.137 million.」
Regarding the development of new business fields, the document describes progress in commercialization and market penetration, reflected in increased orders for smart glasses and sensor systems. - FY2018-Q2RestatedAnnual report
「With a view to globalization, the company focused on expanding its marketing functions, developing products that match society’s needs, and expanding sales channels.」
The company continues to pursue initiatives to develop new growth fields and business areas through product development addressing social needs and the expansion of sales channels. - FY2018-Q1AdvancedAnnual report
「To accelerate product development while responding quickly to market needs in the growth fields of IoT and AI, the company strengthened its organization by adding software development engineers and other personnel」
Regarding the development of new business fields, the company has identified the growth fields of IoT and AI and is accelerating product development by reinforcing its engineering resources and expanding its organization. - FY2017RestatedAnnual report
「To strengthen its future revenue base, the company has identified expanding its business scope in growth fields within the Total Solutions business as an immediate priority.」
To strengthen its future revenue base, the company has explicitly identified expanding its business scope in growth fields within the Total Solutions business as an immediate priority. - FY2017-Q3RestatedAnnual report
「The company moved ahead with developing products that can demonstrate its strengths in smart factories and the IoT field.」
As an initiative in new growth fields, the company continues to develop products that demonstrate its strengths in smart factories and the IoT field. - FY2017-Q2AdvancedAnnual report
「The company moved ahead with developing smart glasses, sensor systems and other products, making an early entry into the wearable market, which is expected to grow in the future.」
Regarding the development of new business fields, the company reports tangible progress through the development of smart glasses and sensor systems and its early entry into the wearable market. - FY2017-Q1First statedAnnual report
「We have worked to develop new business areas.」
The company has identified the development of new business areas, including areas outside its existing wire and cable business, as a priority.