Expanding into New Business Areas
First written in FY2016-Q2. 15 of 23 entries say "Restated". Latest entry: 2026-08-07.
Kyowa Electronic Instruments moved to the "Worse" side of this theme in 2021.
14 other companies' latest entry also says "Advanced".
- 2026-08-07AdvancedEarnings
「Orders received during the interim consolidated accounting period totaled ¥9,078 million, up 14.1% year on year, as the automotive testing, transport infrastructure and other business fields performed well.」
Increased orders in the automotive testing and transport infrastructure fields were reported as results in new business areas. - FY2025-H1AdvancedAnnual report
「During the current interim consolidated accounting period, orders received increased to ¥7,954 million, up 5.9% year on year, supported by strong performance in environment and disaster-prevention-related businesses, including dams, and growth in orders for general-purpose products in the aerospace-related field. Net sales increased to ¥8,060 million, up 6.5% year on year, due to higher sales in environment and disaster-prevention-related businesses and large projects in the defense-related field.」
Increases in orders and sales were confirmed in the environment and disaster-prevention, aerospace and defense-related fields, indicating broader results in new business areas. - FY2024-H1Increase in orders in the aerospace and energy-related fieldsAnnual report
「During the current interim consolidated accounting period, orders received amounted to ¥7,511 million, down 0.2% year on year, as increases in the aerospace and energy-related fields were offset by the effects of demand having run its course in the automotive-related field.」
The increase in orders in the aerospace and energy-related fields is specifically identified in connection with orders related to new business areas, while the automotive-related field was affected by demand having run its course. - FY2023RestatedAnnual report
「In the second year of the new medium-term management plan, we are working to lay the foundation for new growth by reforming the mindset of all employees, returning to the fundamentals of manufacturing from the customer's perspective, and reliably executing various priority initiatives.」
The Group continued to execute the priority initiatives and lay the foundation for new growth in the second year of the new medium-term management plan. - FY2023-Q3RestatedAnnual report
「Against this backdrop, in the second year of the new medium-term management plan, we are working to lay the foundation for new growth by reforming the mindset of all employees, returning to the fundamentals of manufacturing from the customer's perspective, and reliably executing various priority initiatives.」
In the second year of the new medium-term management plan, the Group continued to lay the foundation for new growth through mindset reform across the workforce, customer-focused manufacturing and execution of priority initiatives. - FY2023-Q2RestatedAnnual report
「Against this backdrop, in the second year of the new medium-term management plan, we are working to lay the foundation for new growth by reforming the mindset of all employees, returning to the fundamentals of manufacturing from the customer's perspective, and reliably executing various priority initiatives.」
The effort to lay the foundation for new growth, corresponding to expansion into new business areas, continued as an initiative in the second year of the new medium-term management plan. - FY2022ReframedAnnual report
「The Group launched a new medium-term management plan beginning in fiscal 2022 in order to adapt to changes in the business environment. Under its management vision, we will link sustainable growth and enhanced corporate value to the reliable execution of the following priority initiatives under the new medium-term management plan.」
Under the new medium-term management plan, expansion into new business areas was organized as expansion of existing businesses, including infrastructure maintenance, renewable energy such as offshore wind power generation, and the strengthening of consulting and field engineering. - FY2021ReframedAnnual report
「"Expansion of Existing Businesses" As initiatives related to the SDGs (Sustainable Development Goals) are increasingly required, infrastructure maintenance, including the management of dams for flood control and power generation and road maintenance, is becoming increasingly important. We will strengthen our field engineering and calibration businesses, which are our strengths, to provide attractive services to customers and steadily improve our existing businesses by expanding product sales, while developing and securing engineers.」
Under the new medium-term management plan launched in fiscal 2022, expansion into new business areas was reorganized as expansion of existing businesses, covering infrastructure maintenance, field engineering, calibration services, and the development and recruitment of engineers. - FY2020ReframedAnnual report
「To expand the market, we will promote efforts to increase the number of customers by developing new applications for existing products and rolling them out horizontally.」
Expansion into new business areas was reorganized into specific growth initiatives for fiscal 2021: horizontal expansion of existing products, development of new applications and growth in the customer base. - FY2020-Q1RestatedAnnual report
「Against this backdrop, in the second year of the Sixth Medium-Term Management Plan, Create Future 2021, the Group pursued various initiatives based on three basic strategies: strengthening existing areas, achieving growth in priority areas, and expanding value-added offerings to customers.」
The Group continued to pursue growth in priority areas as a basic strategy in the second year of the Sixth Medium-Term Management Plan. - FY2019RestatedAnnual report
「While leveraging the measurement technologies we have developed over many years, we will expand into new business areas and enhance our global business, while also working to use IT technologies and improve quality and operational efficiency across the Group in order to execute these growth strategies.」
The Group continued to pursue expansion into new business areas and identified the use of IT technologies, Group-wide quality improvements and operational efficiency as means of executing its growth strategies. - FY2019-Q3RestatedAnnual report
「Against this backdrop, in the first year of the Sixth Medium-Term Management Plan, Create Future 2021, the Group pursued various initiatives based on three basic strategies: strengthening existing areas, achieving growth in priority areas, and expanding value-added offerings to customers.」
In the first year of the Sixth Medium-Term Management Plan, the Group continued to pursue strengthening existing areas, achieving growth in priority areas and expanding value-added offerings to customers as its basic strategies. - FY2019-Q2RestatedAnnual report
「Against this backdrop, in the first year of the Sixth Medium-Term Management Plan, Create Future 2021, the Group pursued various initiatives based on three basic strategies: strengthening existing areas, achieving growth in priority areas, and expanding value-added offerings to customers.」
In the first year of the Sixth Medium-Term Management Plan, the Group continued to pursue strengthening existing areas, achieving growth in priority areas and expanding value-added offerings to customers as its basic strategies. - FY2019-Q1RestatedAnnual report
「Against this backdrop, in the first year of the Sixth Medium-Term Management Plan, Create Future 2021, the Group pursued various initiatives based on three basic strategies: strengthening existing areas, achieving growth in priority areas, and expanding value-added offerings to customers.」
Achieving growth in priority areas, corresponding to expansion into new business areas, continued as a basic strategy in the first year of the Sixth Medium-Term Management Plan. - FY2018ReframedAnnual report
「In new markets, we will advance market research and prepare our development structure in order to create products that can become the next growth engine. At the same time, we will work to expand demand for products that have already been launched.」
The initiative was repositioned from the previous challenge of entering new business areas to creating a growth engine through new markets under the Sixth Medium-Term Management Plan. Market research, development-structure preparation and expansion of demand for launched products were identified. - FY2018-Q2RestatedAnnual report
「Against this backdrop, the Group continued to pursue various initiatives under the Fifth Medium-Term Management Plan centered on taking on the challenge of entering new business areas, expanding, enhancing and strengthening its global business, and strengthening its business foundation. At the same time, it began reviewing the content of the medium-term management plan in response to changes in the business environment, and pursued priority initiatives during the current fiscal year aimed at putting the business back on a growth trajectory and restoring earnings power.」
The Group continued to position entering new business areas as a pillar of the Fifth Medium-Term Management Plan. There was no material change from the existing disclosures regarding the plan review, return to a growth trajectory or restoration of earnings power. - FY2018-Q1RestatedAnnual report
「Against this backdrop, in the third year of the Fifth Medium-Term Management Plan, the Group continued to pursue various initiatives centered on taking on the challenge of entering new business areas, expanding, enhancing and strengthening its global business, and strengthening its business foundation. At the same time, it began reviewing the content of the medium-term management plan in response to changes in the business environment, and pursued priority initiatives during the current fiscal year aimed at putting the business back on a growth trajectory and restoring earnings power.」
The Group continued to position entering new business areas as a pillar in the third year of the Fifth Medium-Term Management Plan. It also began reviewing the plan in light of changes in the business environment. - FY2017-Q3RestatedAnnual report
「Against this backdrop, in the second year of the Fifth Medium-Term Management Plan, the Group continued to pursue various initiatives centered on strengthening its business foundation, taking on the challenge of entering new business areas, and expanding, enhancing and strengthening its global business.」
The Group continued to position entering new business areas as a pillar of the plan in its second year. - FY2017-Q2RestatedAnnual report
「Against this backdrop, in the second year of the Fifth Medium-Term Management Plan, the Group continued to pursue various initiatives centered on strengthening its business foundation, taking on the challenge of entering new business areas, and expanding, enhancing and strengthening its global business.」
The Group continued to prioritize entering new business areas as a key initiative in the second year of the Fifth Medium-Term Management Plan. - FY2017-Q1RestatedAnnual report
「Against this backdrop, in the second year of the Fifth Medium-Term Management Plan, the Group continued to pursue various initiatives centered on strengthening its business foundation, taking on the challenge of entering new business areas, and expanding, enhancing and strengthening its global business.」
Expansion into new business areas was described as taking on the challenge of entering new business areas, while remaining one of the pillars of the Fifth Medium-Term Management Plan in its second year. No specific target areas or numerical targets were provided. - FY2016RestatedAnnual report
「In addition, to create new growth fields, we will pursue strategic product development and market launches through active partnerships with relevant organizations, targeting new markets such as condition monitoring for civil-engineering structures and IoT.」
Expansion into new business areas was developed into specific initiatives involving target markets such as condition monitoring and IoT, partnerships, product development and market launches. No numerical targets or deadlines were provided. - FY2016-Q3RestatedAnnual report
「Against this backdrop, in the first year of the Fifth Medium-Term Management Plan, the Group pursued various initiatives aimed at expanding into new business areas, expanding its global business and strengthening its business foundation.」
The Group continued to identify expansion into new business areas as an initiative in the first year of the Fifth Medium-Term Management Plan. There was no change in the specific target areas or numerical targets. - FY2016-Q2First statedAnnual report
「Against this backdrop, in the first year of the Fifth Medium-Term Management Plan, the Group pursued various initiatives aimed at expanding into new business areas, expanding its global business and strengthening its business foundation.」
This is the first identified reference to the initiative in the first year of the Fifth Medium-Term Management Plan. No specific target areas or numerical targets are provided.