Commercial LED lighting rentals and a two-pillar business structure
First written in FY2017-Q1. 4 of 7 entries say "Reframed", first in FY2017-Q2. Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020ReframedAnnual report
「As new businesses, we will expand the LED light rental business as a second attempt, as well as the information-services revenue business using DOOH (digital out-of-home) LED signage at local government bodies, transport facilities and other facilities.」
The company plans to make a second attempt at the scaled-back LED light business through rentals, while expanding LED signage into information-services revenue for local government bodies, transport operators and facilities. - FY2018-Q3RestatedAnnual report
「The LED light business was scaled back until competitive products could be developed. On the sales side, the company prioritised margins and strengthened its direct-sales capabilities.」
The company continues to state its policy of focusing on outdoor LED signage, scaling back the LED light business until competitive products are developed, prioritising margins and strengthening direct sales. - FY2018-Q2SoftenedAnnual report
「The LED & ECO business focused on its strength, outdoor LED signage, and scaled back the LED light business until competitive products could be developed.」
The company has stated a policy of focusing on outdoor LED signage while scaling back the LED light business until competitive products are developed. - FY2017ReframedAnnual report
「Going forward, we will expand sales of commercial LED light products, such as floodlights and streetlights, mainly to hotels and public facilities, by strengthening cooperation with group subsidiary Mビジュアル株式会社.」
Following the withdrawal from the less profitable straight-tube segment, the business is being reorganised around commercial products, such as floodlights and streetlights, for hotels and public facilities, marketed in cooperation with Mビジュアル株式会社. - FY2017-Q3ReframedAnnual report
「We strategically withdrew from the straight-tube LED light business, which was not profitable because of the substantial decline in selling prices, and the resulting sharp drop in LED light sales was the main reason for the decline in revenue. Going forward, the LED light business will focus on commercial products, such as floodlights and streetlights, for hospitals, hotels and public facilities.」
The LED light business strategically withdrew from the less profitable straight-tube segment and has shifted its focus to commercial products, such as floodlights and streetlights, for hospitals, hotels and public facilities. - FY2017-Q2ReframedAnnual report
「The LED lighting business reviewed its operations with a focus on profitability, resulting in a substantial decline in revenue. In the second half, we will strengthen sales of the networked i-signage business using IoT and the commercial LED lighting rental business to enhance our earning power.」
Following a review focused on profitability that reduced revenue, in addition to strengthening the existing two-pillar structure, the LED lighting business has shifted its focus in the second half to strengthening sales of the rental business. - FY2017-Q1First statedAnnual report
「From the second half of the fiscal year, we will pursue a rental business for commercial LED lighting, which offers significant power savings and is entering its peak demand period. As core businesses, we will strengthen the two-pillar structure comprising the Signage and LED Lighting Solutions divisions and enhance our earning power in the NEW Stage.」
The company plans to pursue LED lighting rentals from the second half and strengthen the two-pillar structure comprising signage and LED lighting solutions.