Review of the Business Model and Business Rationalization for Unprofitable New IT-Related Businesses
First written in FY2020-Q3. 4 of 10 entries say "Advanced", first in FY2020. Latest entry: FY2026.
Sun moved to the "Worse" side of this theme in 2024.
2 other companies' latest entry also says "Other".
- FY2026Continuing the shift toward solutions and intelligenceAnnual report
「The company is exploring a shift from its traditional hardware-centered business toward solutions businesses involving IoT, video solutions, Rooster, and the collection, control, visualization and analysis of network data. It is also advancing a shift toward the intelligence field, involving advanced processing of device data over networks using AI.」
The policy of shifting from new IT-related businesses to IT-related businesses continues to involve a transition toward solutions and intelligence fields encompassing IoT, video, data analytics and AI. The disclosure also notes delays in developing 5G and edge AI products, alongside the rollout of DRX5510 and SunDMS-Insight. - FY2026-H1SoftenedAnnual report
「Shipment volumes declined due in part to delays in the development and rollout of new alternative products featuring 5G and edge AI as keywords.」
In connection with the policy of shifting from a hardware-centered model toward IoT, data processing and analytics, AI and other fields, the company disclosed delays in developing and rolling out alternative products using 5G and edge AI. - FY2025-H1ReframedAnnual report
「In its new IT-related businesses, the company is exploring a shift from its traditional hardware-centered business toward solutions businesses involving IoT, video solutions, Rooster, and the collection, control, visualization and analysis of network data. It is also advancing a shift toward the intelligence field, involving advanced processing of device data over networks using artificial intelligence (AI).」
The review of the new IT-related businesses has been redefined as a shift not only away from unprofitable businesses but also from a hardware-centered model toward solutions and intelligence fields encompassing IoT, video, data analytics and AI. - FY2023-Q3RestatedAnnual report
「For “AceReal Assist,” the company is focusing on remote assistance functions compatible with smart glasses and developing the business mainly as a solutions business.」
The company reconfirms its policy of pursuing a solutions business in the AR business focused on remote assistance functions. - FY2022-Q1RestatedAnnual report
「In the AR business, the company is focusing on remote assistance functions and developing the business mainly as a solutions business.」
The company is continuing its business structural reforms to shift the AR business toward a solutions business centered on remote assistance. It also describes partnerships with major telecommunications carriers and expansion through partner vendors. - FY2021AdvancedAnnual report
「In the AR business, the company decided to focus on remote assistance functions and develop the business mainly as a solutions business. As a result, revenue for the segment as a whole increased 14.6% from the previous fiscal year, and the segment became profitable.」
As it reviewed unprofitable businesses, the company shifted its AR business toward remote assistance and began selling AceReal Assist. Its new IT-related businesses as a whole also increased revenue and returned to profitability. - FY2021-Q3AdvancedAnnual report
「In the AR business, the company is focusing on remote assistance functions and developing the business mainly as a solutions business. As a result, revenue for the segment as a whole increased 20.5% from the previous fiscal year, and the segment became profitable.」
The company continued efforts to shift its AR business toward a solutions business centered on remote assistance. Across its new IT-related businesses, revenue increased 20.5% year on year, progressing to a return to profitability. - FY2021-Q2AdvancedAnnual report
「To improve efficiency across the business and expand operations, we are pursuing business structure reforms, including capital and business alliances, the reorganization of unprofitable divisions and the streamlining of head office functions.」
The company is implementing specific business structural reforms by transferring its O2O business as part of streamlining unprofitable divisions, shifting its AR business toward remote assistance, and improving cost efficiency in its new IT-related businesses. - FY2020AdvancedAnnual report
「During the current consolidated fiscal year, the company reviewed the business models of its AR-related and whole-system businesses and recorded losses on business streamlining under extraordinary losses.」
The company reviewed the business models of its AR-related and whole-system businesses and recorded ¥1,158 million in losses on business streamlining, including impairment losses and inventory valuation losses. The review involving business streamlining had progressed in concrete terms. - FY2020-Q3First statedAnnual report
「The company is reviewing the business models of unprofitable businesses among its new IT-related businesses. In connection with this, impairment losses and other costs relating to assets that will no longer be used are recorded as losses on business streamlining under extraordinary losses.」
The company reviewed the business model of unprofitable new IT-related businesses and recorded ¥593 million in losses on business streamlining, including impairment losses on assets that will no longer be used.