Strengthening IoT-enabled after-sales business
First written in FY2016. 7 of 11 entries say "Restated". Latest entry: FY2024.
53 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「As the company has focused on expanding the adoption of “V-factory,” the number of registered connected companies has grown, and the number of companies adopting the paid “IoT Support” maintenance service using IoT is also increasing steadily. As a result, revenue growth is expected in the services business, which has higher profitability than the other businesses.」
The company reported growth in the number of registered connected companies and the number of companies adopting paid services in the IoT and V-factory aftermarket business. - FY2022RestatedAnnual report
「• Promoting proposals for productivity improvements and service provision using IoT through “V-factory”」
The company reaffirmed proposals to improve productivity and provide services using IoT through V-factory as a means of strengthening the aftermarket business. - FY2021RestatedAnnual report
「Strengthening the aftermarket business through V-factory and other IoT solutions for customers」
The company describes strengthening the aftermarket business using IoT solutions such as V-factory as an ongoing initiative in preparation for the post-pandemic environment. - FY2021-Q3RestatedAnnual report
「The Group is pursuing an aggressive management strategy aimed at addressing the post-pandemic changes in the business environment, including expanding its product lineup centered on lasers and bending, promoting automation, strengthening its aftermarket business through the company's IoT and V-factory initiatives, establishing a digital sales organization, and introducing IoT into manufacturing. It is also strengthening its earnings structure through cost reductions and fundamental structural reform.」
The company continues to position the strengthening of the aftermarket business through IoT, V-factory, and other initiatives as part of its proactive post-pandemic management strategy. - FY2021-Q2RestatedAnnual report
「In the sheet metal machinery segment, sales of aftermarket products such as consumables and services, which are less affected by economic downturns, declined only slightly. However, machine sales fell, mainly for high-priced, high-speed punch and laser combination machines, resulting in revenue of ¥82,841 million, down 23.9% year on year.」
The company reaffirmed that sales of aftermarket products such as consumables and services declined only slightly despite the economic downturn. Machine sales, meanwhile, declined. - FY2021-Q1Limited decline in the aftermarket businessAnnual report
「In the sheet metal machinery segment, sales of the aftermarket business, which is less affected by economic downturns, declined only slightly. However, machine sales fell, mainly for high-priced, high-speed punch and laser combination machines, resulting in revenue of ¥33,714 million, down 22.9% year on year.」
The company stated that although machine sales in the sheet metal machinery segment declined during the COVID-19 pandemic, the decline in aftermarket business sales was limited. - FY2019AdvancedAnnual report
「Launch of the full-scale rollout of “V-factory”」
The aftermarket business, including avoiding machine failures and improving operations through IoT support, advanced from the pilot phase to a full-scale rollout. - FY2017RestatedAnnual report
「Improving service quality and efficiency through preventive and predictive maintenance using big data analytics」
The company has made its IoT-based aftermarket service initiatives more specific by reaffirming preventive and predictive maintenance using big data analytics. - FY2017-Q3RestatedAnnual report
「Providing services such as improved maintenance quality and preventive maintenance using IoT」
The company continues to promote aftermarket services such as improving maintenance quality and preventive maintenance using IoT. - FY2017-Q2RestatedAnnual report
「Providing services such as improved maintenance quality and preventive maintenance using IoT」
The company has made its use of IoT more specific by reaffirming aftermarket services such as improving maintenance quality and preventive maintenance, but has not provided milestones for achievement. - FY2016First statedAnnual report
「(c) Strengthening the aftermarket business through IoT」
The company outlined measures to use IoT to strengthen its post-sale services business.