Slowing key telephone market and declining orders
First written in FY2020-Q1. 6 of 16 entries say "Materialised", first in FY2020-Q1. Latest entry: FY2025-H1.
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- FY2025-H1Correctional decline in OEM ordersAnnual report
「Revenue from the OEM business was ¥10,412 million, a decrease of ¥2,037 million from the same period of the previous year.」
Revenue from the OEM business declined ¥2,037 million year on year, reflecting the reaction to the substantial increase in revenue in the previous year from working through the order backlog. - FY2024-Q3Continued recovery in the core businessAnnual report
「For button telephone systems, we were able to secure a certain volume of materials and components for both our own-brand products and products for specific customers, enabling us to continue meeting customer demand. In addition, sales volumes of our own-brand button telephone systems increased because sales of the button telephone system for small businesses launched in October 2023 were strong and we worked to increase our in-store share through sales partners.」
The core business continues to recover, supported by the securing of materials, strong sales of the new product for small businesses, and increased in-store share through sales partners. - FY2024-Q2Continued recovery in the core businessAnnual report
「As a result, revenue from the core business increased to ¥16,534 million, up ¥4,862 million, or 41.7%, from the same quarter of the previous year.」
Core-business revenue increased 41.7% year on year as a certain volume of materials and components was secured and replacement demand for new card units increased in the amusement market. - FY2024-Q1Continued recovery in the core businessAnnual report
「Revenue from the core business also increased to ¥8,136 million, up ¥3,079 million, or 60.9%, from the same quarter of the previous year. This was mainly due to the procurement of a certain volume of materials and components for button telephone systems, as well as increased orders for card readers/writers and other products in the amusement market, driven by rising replacement demand for new card units following the market launch of smart gaming machines.」
Core-business revenue was ¥8,136 million, up 60.9% year on year, driven by the procurement of a certain volume of materials and components and replacement demand for smart gaming machines. - FY2023-Q3Continued recovery in the core businessAnnual report
「Revenue from the core business was ¥18,611 million, an increase of ¥3,629 million, or 24.2%, from the same quarter of the previous year. This was mainly due to the securing of a certain volume of materials and components for button telephone systems, as well as increased orders for card readers/writers and components processed on a contract basis in the amusement market, driven by rising replacement demand for new card units following the market launch of smart gaming machines.」
Core-business revenue increased 24.2% year on year, driven by the securing of a certain volume of materials and components and replacement demand for smart gaming machines. - FY2023-Q2Continued recovery in the core businessAnnual report
「This was attributable to core-business revenue increasing to ¥11,672 million, up ¥2,127 million, or 22.3%, from the same quarter of the previous year, as a certain volume of materials and components for button telephone systems was secured and sales of products for the amusement market and components processed on a contract basis increased. In the growth business, revenue also increased to ¥4,919 million, up ¥439 million, or 9.7%, from the same quarter of the previous year, mainly because sales of UTM (unified threat management appliances) increased in the IT business, supported by changes in work styles associated with the COVID-19 pandemic.」
The core business increased 22.3% year on year as a certain volume of materials and components was secured and amusement-related sales increased. - FY2023-Q1Partial recovery in the core businessAnnual report
「Meanwhile, revenue from the core business was ¥5,057 million, an increase of ¥253 million, or 5.3%, from the same quarter of the previous year. This was mainly due to higher orders for products for the amusement market and components processed on a contract basis, as well as increased revenue from button telephone systems because a certain volume of materials and components was secured.」
The core business, including button telephone systems, increased 5.3% year on year, partly because a certain volume of materials and components was secured. - FY2022-Q2MaterialisedAnnual report
「Meanwhile, revenue from the core business was ¥4,822 million, compared with ¥5,249 million in the same quarter of the previous year. This was mainly due to lower sales of button telephone systems resulting from difficulties procuring materials and components, as well as lower orders for products for the amusement market and components processed on a contract basis amid changes in market conditions caused by the COVID-19 pandemic.」
The decline in sales of button telephone systems caused by difficulties procuring components, together with the decline in amusement-related orders caused by the COVID-19 pandemic, was reflected in results for the second quarter as well. - FY2022-Q1MaterialisedAnnual report
「Meanwhile, revenue from the core business was ¥4,822 million, compared with ¥5,249 million in the same quarter of the previous year. This was mainly due to lower sales of button telephone systems resulting from difficulties procuring materials and components, as well as lower orders for products for the amusement market and components processed on a contract basis amid changes in market conditions caused by the COVID-19 pandemic.」
In the core business, sales of button telephone systems declined because of difficulties procuring materials and components, while amusement-related orders declined because of the COVID-19 pandemic. - FY2021Temporary demand arising from component procurementAnnual report
「In growth and new businesses, orders declined as demand for the OEM office gateway, which began being offered in the previous fiscal year, reached a peak, resulting in revenue of ¥8,560 million, down ¥279 million year on year. In existing businesses, although there was stockpiling demand for key telephone systems as component procurement risks became apparent, as well as an increase in EMS orders,」
Orders for OEM office gateways declined as demand reached a peak, while stockpiling demand for key telephone systems and increased EMS orders arose as component procurement risks became apparent. - FY2021-Q3Partial increase in key telephone ordersAnnual report
「In existing businesses, orders increased for key telephone systems and EMS, but a substantial decline in orders for products for the amusement market and components processed on a contract basis resulted in revenue of ¥20,195 million, down ¥1,464 million year on year.」
Although an increase in orders for key telephone systems was reported, overall existing-business revenue declined because of a substantial decrease in amusement-related orders. No resolution of the risk of a slowdown in the key telephone market itself was reported. - FY2021-Q1WorsenedAnnual report
「Sales in the security solutions field were ¥2,348 million, down 25.4% year on year. This was due to lower sales of products for the amusement market and components processed on a contract basis.」
Sales of products for the amusement market and contract-processed components continued to decline, resulting in a 25.4% year-on-year decrease in the security solutions field. - FY2020MaterialisedAnnual report
「Although orders for key telephone systems, including OEM products, declined, this was due to increased sales of network equipment resulting from initiatives to strengthen the lineup of IP network products and services, including the OEM office gateway launched at the beginning of the fiscal year.」
The decline in orders for key telephone systems continued through the full fiscal year. However, overall network solutions generated higher sales due to increases in network equipment and other products. - FY2020-Q3MaterialisedAnnual report
「Although net sales for the nine-month period of the current consolidated fiscal year were affected by a decline in orders for key telephone systems, including OEM products, due to a greater-than-expected slowdown in the office key telephone market,」
The Company stated that the greater-than-expected slowdown in the office key telephone market and the decline in orders for key telephone systems, including OEM products, also occurred during the cumulative third-quarter period. - FY2020-Q2MaterialisedAnnual report
「Although orders for “key telephone systems, including OEM products” declined as the office key telephone market slowed more than expected,」
The Company stated that the greater-than-expected slowdown in the office key telephone market and the decline in orders for key telephone systems, including OEM products, also occurred during the cumulative second-quarter period. - FY2020-Q1MaterialisedAnnual report
「Although the key telephone market slowed more than expected, resulting in a decline in orders for key telephone systems, including OEM products,」
The Company stated that a greater-than-expected slowdown in the key telephone market and a decline in orders for key telephone systems, including OEM products, occurred in the first quarter of the current fiscal year.