Developing new regions, new products and new users, and creating a third business

「・インドネシアで事務機分野を中心に大幅受注増加 ・中国は輸出を中心に自動車、家電製品の受注増加 ・インド向け自動車分野が堅調」

「We will expand our sales channels by developing demand for office equipment and white goods in India and ASEAN, against the backdrop of diversification away from China, and by making a renewed effort to develop non-Japanese customers.」

「In Japan, although orders in the automotive-related field remained sluggish in the printed circuit board business, sales exceeded the prior-year period due to increased orders in the consumer electronics and amusement fields. Overseas, orders for high-value-added metal substrates for automotive applications increased, but total automotive orders declined, while orders in the office equipment field also decreased. As a result, sales fell below the prior-year period.」

「Overseas, orders in the office equipment sector recovered in China and Indonesia, while orders in Vietnam's automotive-related field for North America remained strong. In addition, partly due to the foreign-exchange impact of the weaker yen, consolidated net sales were ¥12,808 million, up 5.6% year on year, an increase of ¥677 million.」

「In the implementation-related business, domestic sales exceeded the prior-year period as orders for aircraft and industrial equipment remained strong and orders for communications equipment increased substantially through the development of new markets. Overseas, orders in the automotive-related field for North America increased substantially in Vietnam following the transfer of production from China as part of a supply chain reorganisation.」

「In the assembly-related business, orders for aircraft and industrial equipment remained strong, while orders for communications equipment increased substantially through the development of new markets. As a result, domestic sales exceeded the same quarter of the previous year.」

「In the assembly-related business, orders for industrial equipment and aircraft remained strong, while orders for communications equipment increased substantially through the development of new markets. As a result, domestic sales exceeded the same quarter of the previous year. Overseas, orders in China's automotive-related field recovered, but orders declined, mainly in office equipment and electronic components such as power supplies. In Vietnam, however, orders increased substantially due to strong demand in automotive-related fields and the transfer of production from China as supply chains were reorganised.」

「In the assembly-related business, orders for industrial equipment and aircraft remained strong, while orders for communications equipment increased substantially through the development of new markets. As a result, domestic sales exceeded the same quarter of the previous year.」

「Overseas, sales from new customers and new products, primarily in automotive-related fields, contributed, and orders remained strong. Vietnam, which began operations in the previous period, continued to perform smoothly and substantially increased sales, primarily in automotive-related fields.」

「Overseas, sales from new customers and new products, primarily in automotive-related fields, contributed, and orders in the office equipment field remained strong in China and Indonesia. Vietnam, which began operations in the previous period, continued to perform smoothly and substantially increased sales, primarily in automotive-related fields. As a result, consolidated sales were ¥18,110 million, up 14.7% year on year, an increase of ¥2,317 million.」

「Overseas, although China was affected by lockdowns, sales from new customers and new products, primarily in automotive-related fields, contributed, and orders in the office equipment field remained strong in China and Indonesia. Vietnam, which began operations in the previous period, continued to perform smoothly and increased sales, primarily in automotive-related fields.」

「Overseas, the recovery in demand, development of new customers, particularly for automotive applications, and new products contributed to strong orders in China and Indonesia. Vietnam, which began operations in the first quarter of the previous period, also ramped up smoothly and increased sales, primarily in automotive-related fields.」

「Overseas, demand continued to recover. Orders in China were strong in automotive-related, office equipment and home appliance fields, while orders in Indonesia were strong in automotive-related and audio and other audiovisual equipment fields. Overseas sales substantially exceeded the same quarter of the previous year, recovering to pre-pandemic levels. Sales from Vietnam were also recognised for the first time this period.」

「Overseas, the economic recovery continued. Orders in China were strong in automotive-related, home appliance and office equipment fields, while orders in Indonesia were strong in audio and other audiovisual equipment, automotive-related fields and other areas. Overseas sales substantially exceeded the same quarter of the previous year, recovering to pre-pandemic levels. Sales from Vietnam were also recognised for the first time this period.」

「Under these conditions, domestic orders in the printed wiring board business continued to recover in the core automotive-related and home appliance fields, substantially exceeding the same quarter of the previous year. In the assembly-related business, orders for aircraft and other applications remained sluggish, but strong performance in the printed wiring board business lifted domestic sales above the same quarter of the previous year. Overseas, the economic recovery continued. Orders in China were strong in home appliances, office equipment and automotive-related fields, while orders in Indonesia were strong in audio and other audiovisual equipment, home appliances and related fields. Overseas sales exceeded the same quarter of the previous year. Sales from Vietnam were also recognised for the first time this period.」

「② Development of new core products in boards, assembly and jigs」

「In Japan, orders in the smart-grid-related field remained firm in the printed wiring board business, and orders in automotive-related and home appliance fields, which are major sales markets, continued to recover from the latter half of the second quarter. However, domestic performance fell below the same quarter of the previous year due to the impact of weakness at the start of the period. In the assembly-related business, orders remained sluggish in both the transport jig and assembly businesses.」

「During the second quarter of the current consolidated cumulative period, the printed wiring board industry in which we operate continued to be affected by the spread of COVID-19 in Japan and overseas. Demand stagnated as economic activity remained sluggish, and the outlook remained uncertain. Under these conditions, some domestic fields, including smart-grid-related fields, remained firm in the printed wiring board business, but domestic performance fell below the same quarter of the previous year because orders in the automotive-related field, a major sales market, declined substantially.」

「During the first quarter of the current consolidated cumulative period, the printed wiring board industry in which we operate was affected by the spread of COVID-19 both in Japan and overseas. Demand stagnated amid a sharp deterioration in economic conditions, and the outlook remained uncertain.」

「For the next period, we intend to address the following as priority issues in advancing the above initiatives: ① early mass production at the Vietnam plant, ② developing new markets to replace LED products, ③ cost reductions by all employees, ④ strengthening the quality assurance system for automotive applications, ⑤ moving developed products into mass production, ⑥ implementing BCP and BCM at the operational level, and ⑦ developing successors.」

「Domestic sales fell below the same quarter of the previous year. In the printed wiring board business, orders in automotive-related fields remained strong, but orders in home appliances such as LED lighting and imaging-related fields such as liquid-crystal televisions were sluggish. In the assembly-related business, orders for aircraft and industrial equipment remained strong, but domestic sales declined due to lower orders in the printed wiring board business. Overseas sales also fell below the same quarter of the previous year as orders for home appliances, primarily LED lighting, stagnated in China and Indonesia and orders in China's automotive-related field declined. As a result, consolidated sales were ¥14,197 million, down 11.4% year on year, a decrease of ¥1,835 million.」

「In Japan, demand remained weak, mainly due to lower exports of electronic components and other products to China and ASEAN. Overseas, economic slowdown continued in emerging Asian countries, including China, amid intensifying US-China trade friction, while exports remained weak and demand was sluggish.」

「During the first quarter of the current consolidated cumulative period, conditions in the printed wiring board industry in which we operate remained firm in Japan, particularly in automotive-related fields, but demand declined against a backdrop of lower exports to China and ASEAN and persistently high inventories. Overseas, economic slowdown continued in emerging Asian countries, including China, amid intensifying US-China trade friction, while exports remained weak and demand was sluggish.」

「The shift toward vehicle electrification, miniaturisation of electronic components, and advances in IoT and AI technologies are creating new growth sectors. To capture these growth opportunities, we will strengthen our management foundation through new strategies and seek to further enhance corporate value.」

「Under these conditions, domestic sales exceeded the same quarter of the previous year as orders remained strong in the printed wiring board business for automotive-related fields, home appliances such as LED lighting, and imaging-related fields such as liquid-crystal televisions. In the assembly-related business, orders for aircraft and notebook computers were strong. Overseas, although orders in China's office equipment field increased, orders related to amusement declined, and sales fell below the same quarter of the previous year due to lower demand in imaging-related fields in China and Indonesia. As a result, sales reached ¥16,032 million, up 1.0% year on year, an increase of ¥152 million, driven by strong domestic performance.」

「Under these conditions, domestic sales exceeded the same quarter of the previous year as orders remained strong in the printed wiring board business for automotive-related fields, home appliances such as LED lighting, and imaging-related fields such as liquid-crystal televisions. In the assembly-related business, orders for aircraft and notebook computers were strong. Overseas, although orders for office equipment and home appliances increased in China, sales fell below the same quarter of the previous year due to lower orders related to amusement, weaker demand in imaging-related fields in China and Indonesia, and the foreign-exchange impact of the stronger yen. As a result, sales reached ¥10,535 million, up 2.2% year on year, an increase of ¥228 million, driven by strong domestic performance.」

「Under these conditions, in Japan, orders remained strong in the printed wiring board business for automotive-related fields, home appliances such as LED lighting, and imaging-related fields such as liquid-crystal televisions. In the assembly-related business, orders for aircraft and smartphones remained firm, resulting in performance above the same quarter of the previous year. Overseas, orders in home appliance fields such as LED lighting increased in China, but sales fell below the same quarter of the previous year due to the foreign-exchange impact of the stronger yen. As a result, sales reached ¥5,241 million, up 4.0% year on year, an increase of ¥202 million, driven by strong domestic performance.」

「Under these conditions, in Japan, orders increased in automotive-related and imaging-related fields such as liquid-crystal televisions in the printed wiring board business, while orders in the assembly-related business remained strong in smart-grid-related and automotive-related fields. Overseas, home appliance fields such as LED lighting performed well in China and Indonesia. As a result, net sales exceeded the same quarter of the previous year, reaching ¥15,879 million, up 10.8% year on year, an increase of ¥1,553 million.」

「Under these conditions, in Japan, orders increased in automotive-related and home appliance fields in the printed wiring board business, while orders in the assembly-related business remained strong in smart-grid-related and automotive-related fields. Overseas, home appliance fields such as LED lighting performed well in China and Indonesia. As a result, net sales exceeded the same quarter of the previous year, reaching ¥10,307 million, up 10.3% year on year, an increase of ¥962 million.」

「In Japan, orders increased in automotive-related and imaging-related fields in the printed wiring board business, while orders in the assembly-related business remained strong in smart-grid-related and automotive-related fields. Overseas, home appliances such as LED lighting performed well in China and Indonesia. As a result, net sales exceeded the same quarter of the previous year, reaching ¥5,039 million, up 8.3% year on year, an increase of ¥384 million.」

「Overseas business remained firm, supported by strength in automotive-related fields in China and Indonesia and increased orders from non-Japanese customers in the imaging-related field.」

「Overseas business remained firm, supported by strength in China's automotive-related field and increased orders from non-Japanese customers in the imaging-related field. However, sales fell below the same quarter of the previous year due to the foreign-exchange impact of the stronger yen.」

「Overseas orders in home appliances and office equipment declined due to the slowdown in the Chinese economy. However, business remained firm, supported by strength in automotive-related fields and increased orders from non-Japanese customers in the imaging-related field, and sales exceeded the same quarter of the previous year.」

「Overseas sales increased, supported by continued strength in automotive-related fields and new orders from non-Japanese customers in the imaging-related field.」

「By leveraging intercompany collaboration, developing proprietary technology and pursuing quality, we will uncover customers' latent needs and pursue sustained growth by developing newly promising regions, products and users. We will also seek to enter related fields upstream and downstream of our existing businesses and create and develop new businesses through industry-academia collaboration and other initiatives in order to establish a third business.」