Increasing the production mix of non-mobile businesses
First written in FY2016. 3 of 7 entries say "Restated". Latest entry: FY2024.
Japan Display moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Softened".
- FY2024SoftenedAnnual report
「Sales in this segment, which includes displays for consumer devices such as smartwatches and VR equipment, industrial displays such as medical monitors, and patent income, were ¥73,522 million, up 21.5% year on year. The segment's share of total sales rose to 30.7% from 22.3% in the previous fiscal year.」
The previous numerical target of a 50% non-mobile production ratio continued not to be disclosed, while actual sales composition of smartwatches, VR and other products was shown at 30.7%. - FY2023SoftenedAnnual report
「Revenue in the mobile segment was ¥75,689 million, down 35.7% from the previous fiscal year, and its share of total revenue declined from 39.8% in the previous fiscal year to 28.0%.」
The previous numerical target of a 50% non-mobile production ratio was not reiterated, while the mobile segment's share of revenue was shown to have declined to 28.0%. - FY2020SoftenedAnnual report
「The Group aims to transform its business portfolio, which is centered on the mobile field, where demand fluctuates significantly and profitability has declined, while promoting the development of high-value-added technologies in the automotive field and non-mobile fields such as wearables, VR and industrial equipment」
The previous numerical target of a 50% non-mobile production ratio was no longer stated and was replaced by a policy of transforming the portfolio away from its mobile focus. - FY2019RestatedAnnual report
「Displays for non-mobile applications, including automotive displays, have continued to grow steadily, and we aim to raise the production ratio of the non-mobile business to 50% over the medium term.」
The company reiterated its medium-term target of a 50% production ratio for the non-mobile business. By sales, automotive accounted for 17.7% and non-mobile for 9.0%; although progress toward the target was disclosed, achievement of the 50% production ratio was not indicated. - FY2018RestatedAnnual report
「Displays for non-mobile applications, including automotive applications, are growing steadily, and we aim to achieve a 50% production ratio for the non-mobile business over the medium term.」
The company reiterated its medium-term target of raising the production ratio of the non-mobile business to 50%. - FY2017RestatedAnnual report
「The Group is actively pursuing business structure transformation and aims to raise the production ratio of the non-mobile business to 50% over the medium term.」
The Company reiterated its medium-term target of a 50% non-mobile production ratio. - FY2016First statedAnnual report
「The company will actively pursue business structure transformation and aims to raise the production ratio of its non-mobile business to 50% over the medium term.」
The company first presented specific percentage targets for reducing dependence on mobile products through automotive, medium-sized displays, reflective LCDs, and other products.