Komori
Nitto Kogyo (6651) · FactAdvanced

Increase in sales of network-related products driven by the expanded adoption of surveillance cameras

First written in FY2017-Q3. 15 of 34 entries say "Advanced", first in FY2020. Latest entry: 2026-08-06.

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ProgressHeldSoftenedWorseOtherFY2017-Q3 – FY2019-Q3AdvancedFY2023-Q2 – 2026-08-062017: 420172018: 420182019: 420192020: 420202021: 420212022: 420222023: 420232024: 120242025: 220252026: 32026
Same theme, other companies
Sales growth in network-related products accompanying the expansion of surveillance camera deploymentsA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

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

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  1. 2026-08-06AdvancedEarnings

    「In the electrical and information infrastructure-related distribution business, sales of related materials increased amid stronger corporate IT investment appetite, including new and expanded data center construction. As a result, net sales increased 16.6% year on year to ¥14,075 million, while segment profit (operating profit) increased 105.0% to ¥717 million.」

    Growth in the distribution business, driven by new and expanded data centers and corporate IT investment, took concrete form in higher revenue and profit.
  2. FY2026AdvancedAnnual report

    「In the electrical and information infrastructure-related distribution business, sales of related components increased as corporate demand for IT investment strengthened, including investment in accelerating data-center construction. As a result, sales were ¥59,956 million, up 7.0% year on year, and segment profit (operating profit) was ¥2,628 million, up 25.8%.」

    The growth drivers for network-related products expanded to data-center construction and corporate IT investment, resulting in 7.0% sales growth and 25.8% profit growth in the distribution business.
  3. 2026-05-15AdvancedEarnings

    「As sales of related materials increased amid stronger corporate IT investment appetite, including accelerated data center construction, net sales increased 7.0% year on year to ¥59,956 million and segment profit (operating profit) increased 25.8% to ¥2,628 million.」

    Growth in network-related products has broadened to corporate IT investment, including data center construction, resulting in higher revenue and profit in the distribution business.
  4. FY2026-H1AdvancedAnnual report

    「In the electrical and information infrastructure-related distribution business, sales of network components increased as corporate demand for IT investment strengthened. As a result, sales were ¥26,141 million, up 10.6% year on year, and segment profit (operating profit) was ¥1,037 million, up 118.6%.」

    The growth drivers for network-related products expanded to corporate IT investment, resulting in 10.6% year-on-year sales growth and 118.6% segment profit growth in the distribution business.
  5. FY2025AdvancedAnnual report

    「In the electrical and information infrastructure-related distribution business, sales of network components increased as the company acquired projects related to semiconductor plant construction and corporate demand for IT investment strengthened. As a result, sales were ¥56,046 million, up 9.9% year on year, and segment profit (operating profit) was ¥2,089 million, up 9.3%.」

    The growth drivers for network-related products expanded to semiconductor plant construction projects and corporate IT investment, resulting in 9.9% sales growth and 9.3% profit growth in the distribution business.
  6. FY2024-Q3AdvancedAnnual report

    「In the electrical and information infrastructure-related distribution business, sales of network components increased as office network projects recovered, while sales of web-conferencing equipment also increased. As a result, sales were ¥35,725 million, up 11.5% year on year, and segment profit (operating profit) was ¥1,336 million, up 39.7%.」

    In addition to the recovery in office network projects, web-conferencing equipment emerged as a new sales growth driver, resulting in 11.5% sales growth and 39.7% profit growth in the distribution business.
  7. FY2024-Q2AdvancedAnnual report

    「In the electrical and information infrastructure-related distribution business, sales of network components increased as office network projects recovered, while renewable-energy-related and other projects also grew. As a result, sales were ¥22,801 million, up 13.4% year on year, and segment profit (operating profit) was ¥809 million, up 56.3%.」

    The recovery in office network projects and growth in renewable-energy-related projects resulted in 13.4% sales growth and 56.3% segment profit growth in the distribution business.
  8. FY2024-Q1AdvancedAnnual report

    「In the electrical and information infrastructure-related distribution business, sales increased to ¥10,579 million, up 16.5% year on year, as network component sales recovered with the recovery in office network projects and projects related to renewable energy and other areas increased. Segment profit (operating profit) was ¥380 million, up 252.2%.」

    The recovery in office network projects and growth in renewable-energy-related projects resulted in 16.5% sales growth and 252.2% segment profit growth in the distribution business.
  9. FY2023AdvancedAnnual report

    「In the electrical and information infrastructure-related distribution business, 5G-related projects declined, but sales of network components increased as data-center and other projects grew. As a result, sales were ¥45,952 million, up 11.6% from the previous fiscal year, and segment profit (operating profit) was ¥1,579 million, up 46.4%.」

    Data-center and other projects offset the decline in 5G projects, resulting in 11.6% sales growth and 46.4% profit growth in the distribution business, led by network components.
  10. FY2023-Q3AdvancedAnnual report

    「In the electrical and information infrastructure-related distribution business, 5G-related projects declined, but sales of network components increased as data-center and other projects grew. As a result, sales were ¥32,027 million, up 12.4% year on year, and segment profit (operating profit) was ¥956 million, up 38.7% year on year.」

    Higher sales of network components from data-center and other projects offset the decline in 5G-related projects, resulting in 12.4% sales growth and 38.7% profit growth in the distribution business.
  11. FY2023-Q2AdvancedAnnual report

    「In the electrical and information infrastructure-related distribution business, 5G-related and office-related projects declined, but sales of network components increased as data-center and other projects grew. As a result, sales were ¥20,104 million, up 11.9% year on year, and segment profit (operating profit) was ¥518 million, up 59.6% year on year.」

    Higher sales of network components from data-center and other projects offset the decline in 5G- and office-related projects, resulting in 11.9% sales growth and 59.6% profit growth in the distribution business.
  12. FY2023-Q1The distribution business posts higher sales but lower profit as data-center projects increase while 5G declines and SG&A expenses riseAnnual report

    「In the electrical and information infrastructure-related distribution business, 5G-related projects declined, but sales of network components increased as data-center and other projects grew. As a result, sales were ¥9,079 million, up 2.9% year on year. However, segment profit (operating profit) was ¥107 million, down 26.0%, due to higher SG&A expenses and other factors.」

    Although 5G-related projects declined, higher sales of network components associated with data-center and other projects resulted in higher sales in the distribution business, while higher SG&A expenses and other factors led to lower profit.
  13. FY2022The distribution business posts lower sales and profit due to the drop-off in GIGA School Program sales and the semiconductor shortageAnnual report

    「In the electrical and information infrastructure-related distribution business, sales of network equipment and related components declined due to the drop-off in sales from GIGA School Program projects recorded in the previous fiscal year, fewer office-related orders and supply delays for various types of equipment caused by the semiconductor shortage.」

    Network-related products, which had expanded through 5G, the GIGA School Program and teleworking, posted lower sales and profit due to the drop-off in GIGA School Program projects, fewer office-related orders and supply delays caused by the semiconductor shortage.
  14. FY2022-Q3Supply delays caused by the semiconductor shortage and the drop-off in GIGA School Program sales widen the decline in sales and profitAnnual report

    「In the electrical and information infrastructure-related distribution business, sales from GIGA School Program projects recorded in the previous fiscal year dropped out, while sales of network equipment and related components declined due to fewer office-related orders. In addition, supply delays for various types of equipment caused by the semiconductor shortage resulted in sales of ¥28,490 million, down 23.4% year on year, and segment profit (operating profit) of ¥689 million, down 51.9%.」

    In addition to fewer office-related orders and the drop-off in GIGA School Program project sales, supply delays caused by the semiconductor shortage occurred, widening the decline in sales and profit in the distribution business from the previous quarter.
  15. FY2022-Q2Decline in sales and profit in the distribution business widensAnnual report

    「In the electrical and information infrastructure-related distribution business, sales of network equipment and related components declined as orders for office and data-center projects decreased, while sales related to the GIGA School Program recorded in the previous fiscal year dropped out. As a result, sales were ¥17,959 million, down 20.2% year on year, and segment profit (operating profit) was ¥324 million, down 57.3%.」

    In addition to fewer orders for office and data-center projects, the drop-off in prior-year GIGA School Program sales caused the decline in sales and profit in the distribution business to widen from FY2022-Q1.
  16. FY2022-Q1Lower office and data-center project activity leads to lower sales and profit in the distribution businessAnnual report

    「In the electrical and information infrastructure-related distribution business, sales of network-camera-related products increased, but sales of network equipment and related components declined as orders for office and data-center projects decreased. As a result, sales were ¥8,826 million, down 3.2% year on year, and segment profit (operating profit) was ¥145 million, down 4.9%.」

    Although sales of network-camera-related products increased, lower orders for office and data-center projects led to declines in sales of network equipment and related components, resulting in lower sales and profit in the distribution business.
  17. FY2021AdvancedAnnual report

    「In the information and communications-related distribution business, sales of 5G-related products and GIGA School Program projects remained strong, while sales of core network equipment and related components increased following the acquisition of medium- and large-scale office relocation projects.」

    The drivers of growth in network-related products expanded to 5G, the GIGA School Program, medium- and large-scale office relocations and teleworking, resulting in annual sales growth of 22.4% and segment profit growth of 81.6%.
  18. FY2021-Q3AdvancedAnnual report

    「In the information and communications-related distribution business, sales of 5G-related and GIGA School Initiative projects remained strong, while sales of headsets, speakerphones and other products increased due to expanding demand for telework. In addition, the company won medium- and large-scale office relocation projects. As a result, revenue was ¥37,182 million, up 29.1% year on year, while segment profit (operating profit) was ¥1,433 million, up 110.7%.」

    In the information and communications-related distribution business, 5G, the GIGA School Program, teleworking and medium- and large-scale office relocation projects drove growth, with sales up 29.1% and segment profit up 110.7%.
  19. FY2021-Q2AdvancedAnnual report

    「In the information and communications-related distribution business, sales of 5G-related products and GIGA School Program projects remained strong, while sales of headsets, speakerphones and other products increased as demand for teleworking expanded. As a result, sales were ¥22,498 million, up 24.5% year on year, and segment profit (operating profit) was ¥759 million, up 97.0%.」

    The drivers of sales growth in the information and communications-related distribution business expanded beyond the traditional data-center and office-relocation projects to 5G, the GIGA School Program and teleworking-related products, resulting in concrete gains in sales and profit.
  20. FY2021-Q1Growth in teleworking and base-station products offset the postponement of data-center projectsAnnual report

    「In the information and communications-related distribution business, sales in the data-center market, which had been strong amid the COVID-19 pandemic, declined as projects were postponed. Meanwhile, sales of headsets, speakerphones and other products increased as demand for teleworking expanded. Sales of network equipment and related components remained solid due to the acquisition of medium- and large-scale office relocation projects, while sales of products related to telecommunications base-station development also increased. As a result, sales were ¥9,115 million, up 21.7% year on year, and segment profit (operating profit) was ¥153 million, up 63.2%.」

    Although sales declined due to postponed data-center projects, increased sales of teleworking-related equipment, medium- and large-scale office relocation projects and products related to telecommunications base-station development resulted in higher sales and profit in the information and communications-related distribution business.
  21. FY2020AdvancedAnnual report

    「In the information and communications-related distribution business, the company acquired numerous projects involving large-scale office relocations and the data-center market, while sales of network-related products increased. Sales of related products also increased from the latter half of the fourth quarter as demand for teleworking expanded. As a result, sales were ¥40,774 million, up 23.9% from the previous fiscal year, and segment profit (operating profit) was ¥1,070 million, up 14.8%.」

    Demand for teleworking has emerged as a new sales growth driver, in addition to large-scale office relocations, data centers and network-related products.
  22. FY2020-Q3RestatedAnnual report

    「In the information and communications-related distribution business, the company acquired numerous projects involving large-scale office relocations and the data-center market, while sales of network-camera-related products remained solid. As a result, sales were ¥28,812 million, up 25.3% year on year, and segment profit (operating profit) was ¥680 million, up 16.9%.」

    The information and communications-related distribution business has continued to post higher sales and profit, supported by the acquisition of large-scale office relocation and data-center projects and solid sales of network-camera-related products.
  23. FY2020-Q2RestatedAnnual report

    「In the information and communications-related distribution business, the company acquired numerous projects involving large-scale office relocations and the data-center market, while sales of network-camera-related products remained solid. As a result, sales were ¥18,074 million, up 26.2% year on year, and segment profit (operating profit) was ¥385 million, up 26.5%.」

    The information and communications-related distribution business has continued to post higher sales and profit, supported by the acquisition of large-scale office relocation and data-center projects and solid sales of network-camera-related products.
  24. FY2020-Q1RestatedAnnual report

    「In the information and communications-related distribution business, sales of network-camera-related products increased, while sales of network equipment and related components remained solid, driven by large-scale office relocation projects and the acquisition of projects in the data-center market. As a result, sales were ¥7,488 million, up 13.8% year on year, and segment profit (operating profit) was ¥94 million, up 7.6%.」

    Higher sales and profit from network-related products, driven by network cameras, large-scale office relocations and data-center projects, have continued.
  25. FY2019ReframedAnnual report

    「In the information and communications-related distribution business, sales of core products such as network equipment and related components remained solid, driven by large-scale office relocation projects and the acquisition of projects in the data-center market.」

    The focus has shifted from the previous emphasis on expanding security-camera installations to sales of network equipment and related components generated by large-scale office relocations and data-center projects.
  26. FY2019-Q3Profit continued to decline despite higher sales of network equipment and security cameras, due to higher fixed costsAnnual report

    「In the information and communications-related distribution business, sales of related products declined as the solar power generation systems market contracted. However, sales of core products such as network equipment and security cameras increased, resulting in sales of ¥22,994 million, up 2.8% year on year. Segment profit (operating profit) was ¥581 million, down 6.7% year on year, mainly due to higher fixed costs, including personnel expenses.」

    The information and communications-related distribution business posted higher sales on increased sales of network equipment and security cameras, but profit continued to decline due to higher fixed costs.
  27. FY2019-Q2Network equipment and LAN cables remained firm, but profit declined due to higher fixed costsAnnual report

    「In the information and communications distribution business, sales of core products such as network equipment and LAN cables remained solid, but sales of related products declined as the solar power generation systems market contracted, while fixed costs such as personnel expenses increased. As a result, revenue was ¥14,318 million, up 1.8% year on year, while segment profit (operating profit) was ¥304 million, down 23.6%.」

    Sales of network equipment and LAN cables were reported to be solid in addition to the company's traditional security-camera-related products. However, the business posted higher sales but lower profit due to declines in solar-power-related products and higher fixed costs.
  28. FY2019-Q1Surveillance-camera and telecommunications-carrier-related products remained firmAnnual report

    「In the information and communications-related distribution business, sales of surveillance-camera and telecommunications-carrier-related products remained firm, but higher fixed costs, including personnel expenses, resulted in revenue increasing 7.2% year on year to ¥6,581 million and segment profit (operating profit) declining 14.4% to ¥87 million.」

    While sales of surveillance-camera and telecommunications-carrier-related products remained firm, the information and communications-related distribution business recorded higher revenue but lower profit due to increased fixed costs, including personnel expenses.
  29. FY2018RestatedAnnual report

    「In the information and communications-related distribution business, sales of network equipment and LAN cables, the main products, remained firm, while sales of surveillance-camera-related products increased. However, sales of related products declined as the solar power generation systems market contracted, and selling, general and administrative expenses, including personnel expenses, increased. As a result, revenue increased 3.7% year on year to ¥31,619 million, while segment profit (operating profit) declined 3.0% to ¥1,033 million.」

    The full-year results confirmed higher sales of network equipment, LAN cables and surveillance-camera-related products, while solar-related products and selling, general and administrative expenses weighed on profit.
  30. FY2018-Q3Higher sales of network-related products broadened to core products and LAN cablesAnnual report

    「In the information and communications-related distribution business, sales of network equipment and LAN cables, the main products, increased, as did sales of products related to telecommunications carriers' capital investment. As a result, revenue was ¥22,376 million, up 7.1% year on year, and segment profit (operating profit) was ¥623 million, up 13.0%.」

    The information and communications-related distribution business recorded higher revenue and profit due to increased sales of network equipment, LAN cables and products for telecommunications carriers.
  31. FY2018-Q2Sales of surveillance-camera-related products reversed from a decline to an increaseAnnual report

    「In the information and communications-related distribution business, sales of products related to telecommunications carriers' capital investment increased, as did sales of products related to surveillance-camera installations. As a result, revenue was ¥14,069 million, up 5.0% year on year. In addition to higher sales of high-margin products, ongoing cost-reduction measures proved effective, lifting segment profit (operating profit) 39.3% to ¥399 million.」

    Sales of products related to surveillance-camera installations, which had declined in the previous quarter, turned upward, resulting in higher revenue and profit in the information and communications-related distribution business.
  32. FY2018-Q1Sales growth reversed from an increase to a declineAnnual report

    「In the information and communications-related distribution business, sales of related products increased in line with telecommunications carriers' capital investment, but sales of products related to surveillance-camera installations declined.」

    While previous reports had cited higher sales of network-related products driven by wider surveillance-camera adoption, sales of these products declined in the current quarter.
  33. FY2017RestatedAnnual report

    「In the information and communications-related distribution business, sales of network-related products remained strong as surveillance cameras were adopted more widely, while sales of small power conditioners and other products related to solar power generation also increased. As a result, revenue was ¥30,493 million, up 10.4% year on year, and segment profit (operating profit) was ¥1,065 million, up 22.4%.」

    The full-year results confirmed higher sales of network-related products, driven by wider surveillance-camera adoption, as well as growth in both revenue and profit in the information and communications-related distribution business.
  34. FY2017-Q3First statedAnnual report

    「In the information and communications-related distribution business, sales of network-related products increased as surveillance cameras were adopted more widely, while sales of small power conditioners and other products related to solar power generation also increased. As a result, revenue was ¥20,898 million, up 12.9% year on year, and segment profit (operating profit) was ¥551 million, up 29.2%.」

    Against the backdrop of wider surveillance-camera adoption, sales of network-related products increased, and revenue and segment profit in the information and communications-related distribution business exceeded the previous year's levels.
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  1. ★This thread
  2. 1Delivering value as a leading company in switchboards and cubicles10×
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  7. 6A second business pillar through the facility business model and DX support8×

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Increase in sales of network-related products driven by the expanded adoption of surveillance cameras | NITTO KOGYO CORPORATION (6651) | Komori