Developing the Industrial Systems Business into the Next Growth Pillar

「In the security business, sales of surveillance camera systems for the plant market and in-cab and driver's ITV systems for the railway market remained solid, while deliveries of large-scale projects for government customers, including the Ministry of Defense, also contributed.」

「In the industrial systems business, medical sales fell below the prior-year period as microscope camera sales remained sluggish due to the deterioration in hospitals' operating conditions and other factors. In security, sales exceeded the prior-year period, as the delivery of surveillance camera system renewal projects in the public racing market reached a lull, while sales of in-cab ITV systems for the railway market increased and strong deliveries of projects for government customers, including the Ministry of Defense, also contributed. In inspection equipment, sales of tablet inspection equipment and tablet printing equipment for the pharmaceutical market remained solid, while sales of surface inspection equipment for the industrial market were in line with the prior-year period, resulting in sales above the prior-year period. Consequently, industrial systems sales exceeded the prior-year period overall.」

「The company is working to establish a stable revenue base and profit structure by focusing on the high-margin markets of security and defense, public safety in the railway and distribution sectors, and environmental solutions for plants, as well as developing OEM business. In particular, it is placing the highest priority on the defense market, strengthening R&D and sales for defense applications, and aiming to further expand revenue.」

「Inspection equipment sales increased substantially, driven by active capital investment to expand production capacity against a backdrop of supply shortages of generic drugs in the pharmaceutical market. Sales of tablet inspection equipment and tablet printing equipment rose significantly, while sales of surface inspection equipment for the industrial market remained in line with the prior-year period, resulting in sales substantially above the prior-year period.」

「Meanwhile, in the industrial systems business, medical camera sales remained solid following the second quarter, supported by the recovery in demand from the pandemic and the start of deliveries of the new MKC-X300 camera, the highest-sensitivity camera in the company's medical product history. Security sales to government customers also continued to perform well, and the inspection equipment business steadily accumulated sales results across various inspection equipment products, resulting in industrial systems sales above the prior-year period overall.」

「Meanwhile, in the industrial systems business, sales of surveillance systems remained solid in the environmental plant sector, where customers are moving from analog systems to IP systems, and sales to government customers also grew substantially. In the inspection equipment business, inquiries increased and sales of surface inspection equipment grew as awareness improved through participation in related trade shows, both from pharmaceutical companies and materials manufacturers. Medical camera and monitor sales also progressed smoothly as demand recovered from the pandemic, resulting in industrial systems sales substantially above the prior-year period overall.」

「Meanwhile, in the industrial systems business, medical sales were in line with the prior-year period. Security sales remained solid for CCTV systems and grew substantially for government customers, while inspection equipment sales also increased, resulting in sales substantially above the prior-year period.」

「In the industrial systems business, medical sales fell below the prior-year period because component procurement difficulties continued to force restrictions on orders following the second quarter. However, security sales exceeded the prior-year period as camera sales remained solid, mainly to government customers, and inspection equipment sales also exceeded it as deliveries of tablet printing equipment and visual inspection equipment progressed smoothly.」

「In the industrial systems business, security sales to the government market increased, but the business remained in line with the prior-year period because deliveries in the plant market were affected by postponed project schedules due to the pandemic. Medical sales fell below the prior-year period because component procurement difficulties forced restrictions on orders. Inspection equipment sales also fell below the prior-year period, as deliveries of outstanding orders were concentrated in the second half and growth was weaker than in the prior fiscal year.」

「In the industrial systems business, medical camera sales continued to perform solidly and inspection equipment sales were in line with the prior-year period. However, sales fell below the prior-year period because security sales to the government market declined.」

「Meanwhile, in the industrial systems business, security sales were in line with the prior-year period, while inspection equipment sales increased slightly. Medical camera sales also remained solid, resulting in sales above the prior-year period.」

「Meanwhile, in the industrial systems business, security sales were in line with the prior-year period, while inspection equipment sales increased. Medical sales also remained solid, resulting in sales above the prior-year period.」

「Meanwhile, in the industrial systems business, medical camera sales remained solid and inspection equipment sales also exceeded the prior-year period. However, the sluggish performance of security sales resulted in sales in line with the prior-year period.」

「Meanwhile, in the industrial systems business, security sales to the plant and government markets remained solid, but sales to the railway and distribution markets remained sluggish due to the impact of the COVID-19 pandemic and fell below the prior-year period. In medical, investment to address the pandemic continued to be prioritized following the third quarter, and medical camera and monitor sales remained unusually sluggish. Inspection equipment sales also fell below the prior-year period, as projects scheduled for delivery in the fourth quarter were deferred to the following fiscal year.」

「Meanwhile, in the industrial systems business, security sales were below the prior-year period, despite solid sales to the plant and government markets, as sales to the railway and distribution markets remained sluggish due to the impact of the COVID-19 pandemic. Medical sales also fell below the prior-year period because investment to address the pandemic continued to be prioritized following the second quarter, resulting in unusually sluggish medical camera and monitor sales. Inspection equipment sales likewise fell below the prior-year period, as deliveries of projects scheduled for the fourth quarter were deferred to the following fiscal year.」

「In domestic sales, sales of relay vehicle systems, which had increased substantially in the prior-year period, declined as deliveries reached a lull. However, deliveries of broadcast studio subsystems continued to progress smoothly following the first quarter, allowing broadcast systems sales to remain in line with the prior-year period. Meanwhile, inspection equipment and security sales in the industrial systems business were slightly below the prior-year period, while medical sales fell below the prior-year period because investment to address the COVID-19 pandemic continued to be prioritized and medical camera and monitor sales remained unusually sluggish.」

「In the industrial systems business, inspection equipment sales exceeded the prior-year period. However, as investment to address the COVID-19 pandemic was prioritized in the medical business, medical camera and monitor sales remained sluggish. Sales of surveillance camera systems in the security business also failed to grow as much as in the prior-year period, resulting in lower sales.」

「For the fiscal year, industrial systems sales were in line with the prior-year period in medical, as camera and monitor sales declined in the fourth quarter. Security sales remained firm, mainly for the government market, and inspection equipment sales exceeded the prior-year period, partly because sales of inspection equipment for the pharmaceutical market increased in the fourth quarter.」

「In the industrial systems business, inspection equipment sales remained below the prior-year period, as sales declines caused by postponed customer plans and other factors could not be recovered even after the second quarter. Meanwhile, security sales grew substantially, mainly in the government market, and medical camera and monitor sales remained in line with the prior-year period, resulting in sales above the prior-year period overall.」

「In the industrial systems business, inspection equipment sales fell substantially below the prior-year period, partly due to the impact of postponed customer plans. However, medical camera sales remained firm, as did surveillance camera system sales in the security business, resulting in sales in line with the prior-year period.」

「In the industrial systems business, sales increased as medical camera sales remained firm and sales of surveillance camera systems in the security business also remained firm.」

「In the industrial systems business, inspection equipment revenue was slightly above the prior-year period, but overall revenue fell below the prior-year period, partly because sales of CCTV systems in the security business remained sluggish.」

「In the domestic industrial systems business, the order backlog contributing to revenue from the third quarter onward is significantly above the prior-year period, but revenue for the second quarter was below the prior-year period.」

「In the industrial systems business, revenue increased as sales of surveillance camera systems for the railway market remained solid in the security business, while sales of tablet inspection equipment and flat-surface inspection equipment also progressed steadily in the inspection equipment business.」

「This inspection equipment has begun operating on production lines and has received high praise from customers.」

「In domestic sales, revenue from the broadcasting systems business exceeded the prior-year period, partly because sales of broadcasting systems, outside broadcast vehicle systems and broadcast cameras increased in response to demand for upgrades to digital high-definition facilities. In the industrial systems business, inspection equipment sales fell below the prior-year period due to trends in capital investment in the pharmaceutical market, but increased sales of surveillance camera systems for plants, railways and other applications drove growth in the security business. Sales in the medical business also remained solid, resulting in sales above the prior-year period.」

「However, in the industrial systems business, higher sales of surveillance camera systems for plants, railways and other applications drove growth in the security business. Sales in the medical and inspection equipment businesses also remained solid, resulting in sales above the prior-year period.」

「However, sales exceeded the prior-year period because sales of surveillance camera systems for the railway market remained solid in the security business, while sales of medical cameras were strong in the medical business.」

「Amid growing demand for surveillance cameras ahead of the 2020 Tokyo Olympics and Paralympics, shipments of our Full HD network cameras increased to 220% of the prior fiscal year's level in the security equipment business, and the shift from analog systems to IP network systems is progressing rapidly.」

「In domestic sales, the industrial systems business fell below the prior-year period in the security and inspection markets, while sales of medical cameras remained solid.」

「In the industrial systems business, revenue grew as sales of security cameras and systems for government agencies and the railway market increased, while sales of medical cameras also remained solid.」

「In the industrial systems business, revenue increased as sales of tablet inspection equipment grew, sales of security cameras and systems for railways and other applications increased, and sales of medical cameras remained solid.」

「Starting from the 70th anniversary of the company's founding in 2016, we will restructure our business portfolio and transform our business structure to develop the industrial systems business into the next growth pillar.」