Revenue growth in marine wireless communications equipment driven by demand for leisure applications
First written in FY2023-Q2. 1 of 3 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Leisure demand stagnates while government and replacement demand increasesAnnual report
「In our core overseas markets, demand for vessels in the mid-range and below, where our products are primarily used, remained sluggish against a backdrop of stagnant leisure-related demand. As a result, demand for our products was generally weak. However, revenue increased due to the acquisition of coast guard projects and replacement demand in Asia associated with regulatory changes.」
While the revenue contribution from traditional leisure-use demand stagnated, coast guard projects and replacement demand associated with regulatory changes contributed to higher revenue. - FY2023-Q3RestatedAnnual report
「Revenue from marine radio communications equipment also increased substantially on strong demand for leisure use.」
The disclosure reiterates the substantial increase in revenue from marine radio communications equipment against a backdrop of strong demand for leisure use. No new sources of demand or product-launch milestones are indicated. - FY2023-Q2First statedAnnual report
「Revenue from marine radio communications equipment also increased substantially as demand for leisure use grew.」
For the first time, the disclosure independently identifies rising demand for leisure use as a business factor behind the substantial increase in revenue from marine radio communications equipment.