Strengthening and Transforming the Business Models of the Commercial Shipping, Fishing and Small Commodity Businesses
First written in FY2019. 3 of 5 entries say "Advanced", first in FY2024. Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1AdvancedAnnual report
「In the marine business, sales for new vessels continued to increase in the commercial marine market, particularly in China, where shipbuilding capacity is being expanded, supported by shipbuilders’ high order backlogs driven by demand for alternative-fuel vessels and other factors. Demand for equipment replacements on existing vessels also remained high, and demand for maintenance services remained strong, resulting in firm equipment sales and higher maintenance service revenue.」
In the commercial marine market, sales of new vessels increased, particularly in China, while equipment replacement and maintenance services for existing vessels also performed well. - FY2026AdvancedAnnual report
「In the marine business, we aim to expand sales by creating opportunities for maintenance services and increased sales of equipment, while promoting the launch of strategic products in the pleasure boat market. Sales grew particularly in the Americas.」
The company described maintenance for commercial vessels, increased equipment sales, the launch of strategic pleasure boat products, and sales growth in the Americas as achievements in expanding sales under Phase 2. - FY2024AdvancedAnnual report
「The Group's profitability is on an improving trend over the medium to long term, owing to the success of the “lifecycle support” strategy in the commercial shipping business and the global rollout of solutions in the fisheries business that support fishermen through both hardware and software by making their intuition and experience visible, among other factors.」
The company stated that the previous strategy of strengthening and transforming its business models had progressed through the rollout of lifecycle support and fisheries solutions and improvements in profitability. - FY2021Strategies made specific for each core businessAnnual report
「Individual business strategy (Marine business) 1: Commercial shipping business: Expanding lifecycle support +1 (Plus One)」
The previous policy of strengthening and transforming the business models of the 3 main areas was developed into individual business strategies for commercial shipping, fisheries and pleasure boats. - FY2019First statedAnnual report
「In the marine business, for the core businesses of commercial shipping, fisheries and small products, we aim to strengthen or transform each business model, promote the businesses across the Group, and improve earnings power.」
The company set out for the first time specific measures to improve earnings power in each of the 3 main marine business areas by strengthening or transforming their business models.