Expansion into new markets in addition to existing markets
First written in FY2016. 15 of 30 entries say "Restated". Latest entry: 2026-08-06.
The whole theme swung hardest in 2021: 2 of 23 companies on the "Worse" side.
22 other companies' latest entry also says "Advanced".
- 2026-08-06AdvancedFinancial results
「In May 2026, we formulated the “Medium-Term Management Plan 2030” for further growth, and during the first quarter, as its first year, we fully launched new growth initiatives.」
The company states that it fully launched new growth initiatives during the first year of Medium-Term Management Plan 2030. - FY2026RaisedAnnual report
「In addition to increasingly sophisticated and diverse customer needs, the rapid spread of generative AI is requiring us to respond to unprecedented market needs and changes. Demand for electronic components for AI-related markets, environment-related applications, and Beyond 5G is also expected to change.」
In addition to expanding existing areas and overseas markets, the Group identified new areas including generative AI, environment-related applications, and Beyond 5G, broadening the scope of its second medium-term management plan, Medium-Term Management Plan 2030. - FY2026-H1RestatedAnnual report
「In fiscal 2025, the final year of the five-year medium-term plan formulated in May 2021, we are developing bioelectrodes and electrochemical sensors for the medical and healthcare fields, which we regard as a pillar of the next medium-term management plan, as well as sensors for automotive electronics, under the themes of sensors, medical, and non-contact. We are also launching new products that address customer needs.」
In the final year of the medium-term plan, the Group continued developing sensors for medical and healthcare and automotive electronics and launching new products. - FY2024RestatedAnnual report
「In the next fiscal year, the first year of the third step of the five-year medium-term plan, we will pursue the targets by expanding sales in the medical and industrial equipment fields, expanding existing areas, and developing new products addressing customer needs, including non-contact sensors, under the themes of sensors, medical, and non-contact.」
The Group continued expanding sales in the medical and industrial equipment fields, developing non-contact sensors, and launching new products in the next stage of the medium-term plan. - FY2024-Q2RestatedAnnual report
「Against this backdrop, during the current fiscal year, the second step of the five-year medium-term plan formulated in May 2021, the Group pursued sales expansion in automotive electronics, medical and healthcare, and industrial equipment, and worked to expand existing areas. It also developed new products addressing customer needs, including non-contact sensors.」
During the second step of the medium-term plan, the Group continued expanding sales in automotive electronics, medical and healthcare, and industrial equipment, and developing new products using non-contact sensors. No completed new market entry or quantitative target was provided. - FY2024-Q1RestatedAnnual report
「Against this backdrop, during the current fiscal year, the second step of the five-year medium-term plan formulated in May 2021, the Group pursued its targets by expanding sales in the medical and industrial equipment fields, expanding existing areas, and developing new products addressing customer needs, including non-contact sensors.」
During the second step of the five-year medium-term plan, the Group continued expanding sales in the medical and industrial equipment fields, expanding existing areas, and developing new products using non-contact sensors. - FY2023-Q3RaisedAnnual report
「We are also working to establish new areas, a challenge for the next medium-term plan. By strengthening the development of 5G-related products, we are developing the communications and public-sector fields, while also pursuing disaster prevention, medical and healthcare (MEMS), and nursing-care fields to strengthen efforts to address social issues, based on our sensor technology, the new-business development theme of water, and SDG-related social contribution activities.」
In addition to the existing medical and industrial equipment fields, the Group further expanded its target new areas to communications and public-sector fields through 5G-related products, as well as disaster prevention, medical and healthcare (MEMS), and nursing care. - FY2023-Q2AdvancedAnnual report
「Against this backdrop, during the current fiscal year, the second step of the five-year medium-term plan formulated in May 2021 and based on the long-term vision “Deepening and evolving from NOBLE of resistors to a new NOBLE,” the Group pursued sales expansion in the medical and industrial equipment fields, expanded existing areas, and developed new products addressing customer needs, including non-contact sensors, under the themes of sensors, medical, and non-contact.」
During the second step of the medium-term plan, the Group continued expanding sales in the medical and industrial equipment fields and developing non-contact sensors, and reported a substantial increase in sales of medical sensors. - FY2023-Q1AdvancedAnnual report
「In May 2022, looking toward the future NOBLE, we revised the numerical targets of our five-year medium-term plan, whose long-term vision is “Deepening and evolving from NOBLE of resistors to a new NOBLE.” While working to prevent the spread of COVID-19, we pursued the targets for the current fiscal year, the second step of the plan, by expanding existing areas through increased sales in the medical and industrial equipment fields and developing new products that address customer needs, including non-contact sensors, under the themes of sensors, medical, and non-contact.」
The Group revised the medium-term plan’s numerical targets and expanded sales in the medical and industrial equipment fields and developed non-contact sensors during the second step. - FY2022AdvancedAnnual report
「Under the initiatives of the medium-term management plan, we expanded existing areas and developed new products that address customer needs, and began expanding sales of some new products this fiscal year. In addition, after strengthening our initiatives in the medical field, including investments in startup companies, inquiries from the medical sector increased and our existing areas expanded steadily.」
The Group implemented existing-area expansion and new-product development, began expanding sales of some new products, and reported increased inquiries from the medical sector and steady expansion of existing areas. - FY2022-Q3AdvancedAnnual report
「We have begun implementing the expansion of existing areas and developing new products that address customer needs, and plan to begin expanding sales of some new products next fiscal year.」
The Group described the expansion of existing areas and new-product development as being in the implementation phase and set out a specific plan to begin expanding sales of some new products next fiscal year. - FY2022-Q1RestatedAnnual report
「The Group continued to expand existing areas, develop new products that address customer needs, and pursue labor-saving and unmanned operations, productivity improvements, and cost reductions, thereby strengthening competitiveness.」
The Group continued expanding existing areas and developing new products in response to customer needs, alongside productivity-improvement measures. - FY2021-Q1RestatedAnnual report
「Against this backdrop, the Group continued to pursue new-market development, labor-saving and unmanned operations, productivity improvements, and cost reductions, while strengthening the competitiveness of products for existing markets.」
The Group stated that it continued developing new markets, but provided no specific new markets or completed market-entry milestones. - FY2020RaisedAnnual report
「We aim to further expand and develop global markets in response to market changes. To develop our electronic components business, we will actively pursue market development and new-product development in areas expected to see continued growth in electronics, including automotive electronic equipment, AV and camera equipment, office equipment, housing-related equipment, white goods, gaming equipment, medical equipment, and robotics equipment.」
The Group reaffirmed global market expansion and development across multiple existing sectors, while also identifying turned parts and environment-related businesses as targets for market expansion. - FY2020-Q2RestatedAnnual report
「We actively pursued the development of new markets, the launch of new products, and stronger competitiveness for products serving existing markets.」
The company stated that it actively pursued new-market development alongside new-product launches and stronger competitiveness for existing-market products. No specific completed market entries or quantitative targets were provided. - FY2019RaisedAnnual report
「In response to market changes and with the aim of further developing global markets, we will accelerate the development of electronic components and ICB products under the theme of sensors for markets including automotive electronics, medical equipment, white goods, office equipment, gaming equipment, and robotics. We also aim to enter new fields such as fixed resistors.」
In addition to further developing global markets, the Group identified automotive electronics, medical equipment, white goods, and robotics as target markets and also set out to enter new fields such as fixed resistors. - FY2019-Q2RestatedAnnual report
「Against this backdrop, the Group began introducing new production methods and equipment, while pursuing further improvements in productivity and lower costs, and strengthened its efforts to expand existing markets and enter new ones.」
The Group continued its policy of strengthening both existing-market expansion and entry into new markets. No specific new markets, quantitative targets, or completed market-entry milestones were provided. - FY2019-Q1RestatedAnnual report
「Against this backdrop, the Group continued strengthening solution-based sales and focusing on entering new markets, while continuing to pursue higher productivity and lower costs.」
The Group continued to focus on entering new markets through stronger solution-based sales. No specific new markets or concrete progress, such as completed market entry, was provided. - FY2018RaisedAnnual report
「We will strengthen our efforts to provide products and services to the automotive, housing equipment, medical and healthcare, social infrastructure, and robotics sectors.」
In addition to medical and healthcare, the Group specifically expanded its target sectors to include automotive, housing equipment, social infrastructure, and robotics, and explicitly stated that it would strengthen efforts to provide products and services to these markets. - FY2018-Q3RestatedAnnual report
「Against this backdrop, the Group continued working to improve production while developing its existing technologies and pursuing new markets.」
The Group continued its policy of pursuing new markets on the foundation of developing its existing technologies. No specific new market-entry results or quantitative targets were provided. - FY2018-Q2RestatedAnnual report
「Against this backdrop, the Group is seeking to enter new markets by continuing to strengthen solution-based sales and working with external partners, rather than relying solely on its own resources, while pursuing higher productivity and lower costs.」
The Group continued its policy of seeking entry into new markets through collaboration with external parties. - FY2018-Q1RestatedAnnual report
「Against this backdrop, the Group continued to strengthen solution-based sales and focus on entering new markets, while pursuing higher productivity and lower costs.」
The Group continued to emphasize entry into new markets alongside stronger solution-based sales. No specific new markets or market-entry results were provided. - FY2017RaisedAnnual report
「Against this backdrop, the Group worked to strengthen solution-based sales and expand its entry into new markets. As its long-standing core markets for video and camera equipment contracted, it sought to maintain its existing markets while entering promising new markets such as medical and healthcare.」
The Group reaffirmed its policy of entering new markets, identifying medical and healthcare as target areas and solution-based sales as the means of doing so. - FY2017-Q3RestatedAnnual report
「Against this backdrop, the Group continued developing new markets and working on new products, while pursuing lower manufacturing costs and higher productivity.」
The Group continued developing new markets in parallel with new products. No specific market-entry results or quantitative targets were provided. - FY2017-Q2RestatedAnnual report
「Against this backdrop, the Group worked to develop new markets and new products while reducing manufacturing costs and improving production efficiency.」
The Group continued developing new markets alongside new products. No specific achievement milestones were provided. - FY2017-Q1RestatedAnnual report
「We also worked to develop new markets and expand sales in Japan and overseas.」
The company stated that it continued developing new markets and expanding sales in Japan and overseas, but gave no specific achievement milestones. - FY2016First statedAnnual report
「While addressing existing markets, we will explore every possibility and take a different perspective as we work to expand our entry into new markets. In other words, we will deepen our core technologies and know-how while expanding into adjacent areas on that foundation.」
For the first time, the company explicitly stated its policy of continuing to address existing markets while expanding into adjacent markets based on its core technologies and know-how.