Customer Insourcing, Declining Demand and Uncertainty in New Markets
First written in FY2016. 23 of 31 entries say "Materialised", first in FY2017-Q2. Latest entry: 2026-05-08.
Ubiteq moved to the "Worse" side of this theme in 2017, 2 years before the typical company in this theme (2019).
The whole theme swung hardest in 2022: 131 of 176 companies on the "Worse" side.
7 other companies' latest entry also says "Materialised".
- 2026-05-08MaterialisedEarnings
「製造受託事業は、歯科診療向け咬合力計測機器用回路基板が前年同四半期に比べ需要が減少したことで減収減益となり」
前期に販売が順調に推移した歯科診療向け回路基板について、需要減少が第3四半期累計の減収減益要因として実績化した。 - FY2025RestatedAnnual report
「With respect to the IoT businesses of the Company and its consolidated subsidiaries, we are seeking to create entirely new markets, and aspects such as market size and customer needs therefore remain unclear. Although we are working to research market trends and expand our business areas and customer base, it is difficult to predict the impact on business performance. New services and systems may also take a long time to penetrate the market and generate actual revenue.」
The uncertainty surrounding the size of new markets, customer needs and the time required for new services to penetrate the market continues to be disclosed, along with the response of conducting market research and expanding business areas. - FY2024-Q3MaterialisedAnnual report
「In the contract manufacturing business, as orders for banknote validator sensor modules and communications amusement equipment declined, sales of circuit boards for bite-force measurement equipment for the medical industry began in the previous third quarter as a new mass-production project. Revenue is scheduled to be recorded in the fourth quarter of the current consolidated fiscal year, so revenue remained sluggish, as in the second quarter.」
Orders for the previously core products continued to decline, and revenue from the new mass-production project is scheduled to be recorded in the fourth quarter, so the impact of declining demand is materializing as sluggish revenue in the contract manufacturing business. - FY2024-Q2MaterialisedAnnual report
「In the contract development business, revenue declined at subsidiary Ubitech Solutions due to the downsizing of contract development projects in the medical field. However, segment profit turned from a loss in the same quarter of the previous year to a profit, owing to the benefits of operational efficiency initiatives that have continued since the previous consolidated fiscal year.」
The downsizing of contract development projects in the medical field continued to materialize as a factor behind the decline in revenue. Meanwhile, segment results turned from a loss in the same period of the previous year to a ¥2 million profit through operational efficiency improvements. - FY2024-Q1MaterialisedAnnual report
「In the contract manufacturing business, as orders for banknote validator sensor modules and communications amusement equipment declined, sales of circuit boards for bite-force measurement equipment for the medical industry began in the previous third quarter as a new mass-production project. Sales are scheduled to be recorded during the current consolidated fiscal year, but no shipments were recorded in the first quarter, so revenue remained sluggish, as in the same quarter of the previous year.」
Orders for the previously core products and communications amusement equipment continued to decline, while the new mass-production project had no shipment record during the quarter, causing the impact of declining demand to materialize as sluggish revenue. - FY2023WorsenedAnnual report
「In the Work Mate business, the scale and pace of adoption have remained below expectations, and monetization is taking time.」
Regarding the risk of market penetration for the new service, it was noted that the scale and pace of Work Mate adoption were below expectations and that monetization was taking time. - FY2023-Q3MaterialisedAnnual report
「In the contract manufacturing business, orders for the previously core banknote validator sensor modules and communications amusement equipment declined due to changes in the market environment, resulting in both revenue and segment profit falling below the same quarter of the previous year.」
The decline in demand for core products continued to materialize in the contract manufacturing business as revenue of ¥31 million, down 86.9% year on year, and a 91.0% decline in segment profit. - FY2023-Q2MaterialisedAnnual report
「In the contract manufacturing business, demand for the former core products, banknote authentication sensor modules and communications amusement equipment, declined due to changes in market conditions. As a result, net sales fell substantially, and the segment recorded a loss.」
The decline in demand for core products continued to materialize as a substantial decline in revenue and a segment loss for the cumulative second quarter. - FY2023-Q1WorsenedAnnual report
「In the contract manufacturing business, demand for the former core products, banknote authentication sensor modules and communications amusement equipment, declined due to changes in market conditions. As a result, net sales fell substantially, and the segment recorded a loss.」
The decline in demand for core products materialized as a substantial decline in revenue and a segment loss in the contract manufacturing business, further worsening the previously identified risks of declining demand and uncertainty in new markets. - FY2022-Q3WorsenedAnnual report
「In the contract development business at the subsidiary ユビテックソリューションズ, although new and spot projects were won, this was insufficient to offset the impact of the contraction in existing development projects. As a result, net sales declined and the segment fell below the same quarter of the previous year in terms of profit, recording a segment loss. Net sales for the nine-month period of the fiscal year in progress were ¥199 million, down 22.6% year on year, and the segment loss was ¥21 million, compared with segment profit of ¥7 million in the same period of the previous year.」
Although new and spot projects were won, they were insufficient to offset the contraction in existing development projects. Net sales declined 22.6%, and segment profit shifted from a profit of ¥7 million to a loss of ¥21 million. - FY2022-Q2WorsenedAnnual report
「In the contract development business at the subsidiary ユビテックソリューションズ, although new and spot projects were won, this was insufficient to offset the impact of the contraction in existing development projects. As a result, net sales declined and the loss widened. Net sales for the six-month period of the fiscal year in progress were ¥132 million, down 3.7% year on year, and the segment loss was ¥13 million, compared with a segment loss of ¥7 million in the same period of the previous year.」
Although new and spot projects were won, they were insufficient to offset the contraction in existing projects. Net sales declined 3.7%, and the segment loss widened from ¥7 million to ¥13 million. - FY2022-Q1Limit the decline in sales by winning new and spot projectsAnnual report
「In the contract development business at the subsidiary ユビテックソリューションズ, existing development projects continued to trend downward, but the segment as a whole recorded net sales and a segment loss at approximately the same levels as in the same quarter of the previous year due to the acquisition of new and spot projects, among other factors.」
While existing development projects continued to contract, new and spot projects were won. Net sales declined 2.2% year on year, while the segment loss was approximately the same as in the previous year. - FY2021-Q3MaterialisedAnnual report
「In the contract development business at the subsidiary ユビテックソリューションズ, net sales and segment profit declined year on year due to the completion or reduced scale of development projects in the medical field. As a result, net sales for the nine-month period of the fiscal year in progress were ¥257 million, down 32.5% year on year, and segment profit was ¥7 million, down 79.4% year on year.」
The completion and reduced scale of development projects in the medical field continued, resulting in a 32.5% decline in net sales and a 79.4% decline in segment profit in the contract development business. - FY2021-Q2MaterialisedAnnual report
「In the contract development business at the subsidiary ユビテックソリューションズ, net sales and segment profit declined year on year due to the completion or reduced scale of development projects in the medical field.」
The impact of lower customer projects and demand became more specific through the completion and reduced scale of development projects in the medical field, resulting in net sales of ¥137 million and a segment loss of ¥7 million. - FY2021-Q1MaterialisedAnnual report
「In the contract development business at the subsidiary ユビテックソリューションズ, net sales declined year on year due to the continued impact of the reduced scale of development projects in the medical field. However, the gross profit margin improved and the loss narrowed as a result of bringing outsourced work in-house and other measures.」
The reduced scale of development projects in the medical field continued to weigh on sales, while bringing outsourced work in-house narrowed the loss. - FY2020MaterialisedAnnual report
「For Work Mate, we conducted a proof-of-concept test at Kirin Beverage Co., Ltd.'s Shiga plant from September 2019 to verify its effectiveness in building a safe workplace. We also secured multiple new orders from domestic factories and received numerous inquiries for Work Mate and other products. However, the spread of COVID-19 prevented active sales activities from April 2020 onward, and many business discussions were carried over to the following fiscal year and beyond.」
Restrictions on sales activities and the carryover of business discussions to the following fiscal year due to COVID-19 were actually disclosed as impacts relating to uncertainty over demand and new markets. - FY2020-Q3MaterialisedAnnual report
「In the contract development business at the subsidiary ユビテックソリューションズ, sales related to dam control systems increased, but this was insufficient to offset the impact of the reduced scale of development projects in the medical field, resulting in year-on-year declines in both net sales and segment profit. As a result, net sales for the nine-month period of the fiscal year in progress were ¥380 million, down 7.8% year on year, and segment profit was ¥37 million, down 33.9% year on year.」
Although sales related to dam control systems increased, this was insufficient to offset the contraction of development projects in the medical field, and the impact of lower demand materialized as lower sales and profit in the contract development business. - FY2020-Q2MaterialisedAnnual report
「In the contract development business at the subsidiary ユビテックソリューションズ, although projects were won from new customers, this was insufficient to offset the impact of the reduced scale of existing development projects, resulting in year-on-year declines in both net sales and segment profit.」
Although projects were won from new customers, they were insufficient to offset the reduced scale of existing development projects, and the impact of lower demand was reflected in actual performance as lower sales and profit in the contract development business. - FY2020-Q1MaterialisedAnnual report
「In the contract development business at the subsidiary ユビテックソリューションズ, the scale of highly profitable contract projects continued to shrink, and some projects also experienced delays in order intake. As a result, both net sales and segment profit declined year on year.」
The contraction in highly profitable contract projects and delays in order intake for some projects materialized as lower sales and a segment loss of ¥12 million in the contract development business. - FY2019MaterialisedAnnual report
「In the contract development business at the subsidiary ユビテックソリューションズ, although a large contract development project for social infrastructure systems was won, it was insufficient to offset the decline in existing development projects, resulting in year-on-year declines in both net sales and segment profit.」
Although a large project was won, it was insufficient to offset the decline in existing development projects, and the impact relating to lower demand and customers bringing development in-house continued to result in lower full-year sales and profit. - FY2019-Q3MaterialisedAnnual report
「In the contract development business at the subsidiary ユビテックソリューションズ, the impact of the decline in existing development projects remained, but net sales and segment profit recovered to approximately the previous year's level following completion of acceptance for a large contract development project.」
The impact of lower demand resulting from the decline in existing development projects continued to be reflected in actual performance. Meanwhile, net sales and segment profit recovered to approximately the previous year's level following completion of acceptance for a large contract development project. - FY2019-Q2MaterialisedAnnual report
「In the contract development business at the subsidiary ユビテックソリューションズ, net sales and segment profit declined year on year because, although a large project was won, the impact of the decline in existing development projects was substantial.」
Although a large project was won, its impact was insufficient to offset the decline in existing development projects, and lower demand continued to materialize as lower sales and profit in the contract development business. - FY2019-Q1MaterialisedAnnual report
「In the contract development business at the subsidiary ユビテックソリューションズ, net sales and segment profit declined year on year as existing development projects continued to trend downward. As a result, net sales for the first quarter of the fiscal year in progress were ¥112 million, down 20.6% year on year, and segment profit was ¥11 million, down 17.0% year on year.」
The risk of a decline in development projects continued to materialize as lower sales and profit in the contract development business due to the downward trend in existing projects. - FY2018MaterialisedAnnual report
「In the contract development business at the subsidiary ユビテックソリューションズ, net sales declined due to a decrease in development projects and the impact of customers bringing development in-house. Profit increased as the gross profit margin improved following a review of manufacturing costs, including outsourcing expenses.」
While the decline in development projects and customers bringing development in-house materialized as lower full-year sales in the contract development business, profit increased following the review of costs. - FY2018-Q3MaterialisedAnnual report
「In the contract development business at the subsidiary ユビテックソリューションズ, net sales and segment profit declined year on year due to a decrease in development projects and the impact of customers bringing development in-house, continuing from the second quarter.」
The decline in development projects and customers bringing development in-house continued from the second quarter to be reflected in actual performance as lower sales and profit in the contract development business. - FY2018-Q2MaterialisedAnnual report
「In the contract development business at the subsidiary ユビテックソリューションズ, net sales and segment profit declined year on year due to a decrease in development projects and the impact of customers bringing development in-house, continuing from the first quarter.」
The decline in development projects and customers bringing development in-house continued to be reflected in actual performance as lower sales and profit in the contract development business. - FY2018-Q1MaterialisedAnnual report
「In the contract development business at the subsidiary ユビテックソリューションズ, net sales and segment profit declined year on year due to a decrease in development projects and the impact of customers bringing development in-house.」
Customers bringing development in-house and the decline in development projects continued to be reflected in actual performance as lower sales and profit in the subsidiary's contract development business. - FY2017-Q3MaterialisedAnnual report
「In terms of performance, the impact of lower orders for telematics in-vehicle equipment and our core product, banknote authentication sensor modules, continues.」
The longstanding risk of lower customer demand continues to be reflected in actual performance through lower orders for telematics in-vehicle equipment and banknote authentication sensor modules. - FY2017-Q2MaterialisedAnnual report
「Orders for telematics in-vehicle equipment and our core product, banknote authentication sensor modules, declined due to lower customer demand and other factors.」
The longstanding risk of lower customer demand materialized in actual performance through lower orders for telematics in-vehicle equipment and banknote authentication sensor modules. - FY2017-Q1RestatedAnnual report
「The markets related to the Group's business are generally showing a gradual recovery, but investment attitudes remain cautious and a full-scale recovery is expected to take more time.」
The disclosure reconfirms the cautious state of demand and investment attitudes in related markets and the delay in a full-scale recovery. - FY2016First statedAnnual report
「There is a significant possibility that major electronics manufacturers may shift to in-house production of technologies similar to those we develop, which could affect the performance of the Group.」
The disclosure also cites lower orders resulting from the global economic climate, uncertainty over the size of new markets and customer needs in the Mobile and Ubiquitous business, and a longer period for new services to gain market penetration.