Business expansion through the commercialization of information and know-how
First written in FY2016. 3 of 6 entries say "Advanced", first in FY2019. Latest entry: FY2025.
1 other company's latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「We aim to grow by proposing ways to enhance customer satisfaction, including developing condition-monitoring equipment and service systems using IT technology, as well as developing new products and maintenance equipment.」
The policy of leveraging information and expertise expanded into specific product and service concepts, including the development of IT-based condition-monitoring equipment and service systems. - FY2021RestatedAnnual report
「For example, we are pursuing digital marketing to identify new markets and customers, including by actively making technical information on valves and castings available and exploring potential applications for specialized equipment in other industries. We are also actively exhibiting at trade shows for industrial equipment and other products, which we had previously had little involvement with because we had assumed they represented narrow markets, in an effort to identify a foothold for expanding into new fields.」
The policy of bringing information and expertise into new markets through the publication of technical information, applications for specialized equipment in other industries, and participation in industrial equipment trade shows was continued. - FY2020AdvancedAnnual report
「For example, we are pursuing digital marketing to identify new markets and customers, including by actively making technical information on valves and castings available and exploring potential applications for specialized equipment in other industries. We are also actively exhibiting at trade shows for industrial equipment and other products, which we had previously had little involvement with because we had assumed they represented narrow markets, in an effort to identify a foothold for expanding into new fields.」
The scope of activities expanded from digital marketing to publishing technical information, exploring applications for specialized equipment in other industries, and exhibiting at industrial equipment trade shows. - FY2019AdvancedAnnual report
「As a specific measure, we launched digital marketing in the current consolidated fiscal year. Going forward, we will use this as a starting point for developing new valve solutions.」
The Company moved from considering the commercialisation of information and know-how to the concrete implementation stage by launching digital marketing and linking it to the development of valve solutions. - FY2017RestatedAnnual report
「We believe that our Group also needs to explore further the potential for developing a business in which information and know-how are commercialised as products, leveraging our many years of experience and expertise, as well as our brand strength and market share as an industrial valve manufacturer.」
The Company continues to identify the commercialisation of information and know-how and the potential for business development beyond physical products as issues to address. - FY2016First statedAnnual report
「We believe that our Group also needs to explore further the potential for developing a business in which information and know-how are commercialised as products, leveraging our many years of experience and expertise, as well as our brand strength and market share as a power-sector valve manufacturer.」
Against the backdrop of big data, sensing and IoT, the Company has identified as an issue the potential to commercialise information and know-how rather than limiting itself to valves themselves.