Maturing light source business and low profitability in the optical equipment business
First written in FY2017-Q3. 13 of 34 entries say "Advanced", first in FY2018-Q3. Latest entry: 2026-11-06.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「As a result, net sales in the Visual Imaging business were ¥83,882 million, up 3.7% year on year, and segment profit was ¥4,667 million, up 539.7% year on year.」
Visual Imaging, Life Science and Photonics Solution all shifted from losses in the same period of the previous fiscal year to profit, and profitability improvement by business progressed in the full-year results. - FY2026-H1AdvancedAnnual report
「As a result, net sales in the Visual Imaging business were ¥38,077 million, down 3.0% year on year, and segment profit was ¥1,805 million, compared with a segment loss of ¥120 million in the same period of the previous fiscal year. As a result, net sales in the Life Science business were ¥3,288 million, up 7.8% year on year, and segment profit was ¥169 million, compared with a segment loss of ¥554 million in the same period of the previous fiscal year. As a result, net sales in the Photonics Solution business were ¥4,976 million, down 2.8% year on year, and segment profit was ¥85 million, compared with a segment loss of ¥281 million in the same period of the previous fiscal year.」
Visual Imaging, Life Science and Photonics Solution all shifted from losses in the same period of the previous fiscal year to profit. Industrial Process posted lower sales and profit, and divergence in profitability between the businesses remains. - FY2025-H1Higher profit in Industrial Process; Visual Imaging shifts into the red and losses narrowAnnual report
「As a result, net sales in the Industrial Process business were ¥37,584 million, down 0.5% year on year, and segment profit was ¥5,241 million, up 32.8% year on year. As a result, net sales in the Visual Imaging business were ¥39,267 million, up 1.0% year on year, and a segment loss of ¥120 million was recorded, compared with segment profit of ¥3,003 million in the same period of the previous fiscal year. As a result, net sales in the Life Science business were ¥3,051 million, up 13.4% year on year, and a segment loss of ¥554 million was recorded, compared with a segment loss of ¥1,196 million in the same period of the previous fiscal year. As a result, net sales in the Photonics Solution business were ¥5,120 million, up 1.1% year on year, and a segment loss of ¥281 million was recorded, compared with a segment loss of ¥703 million in the same period of the previous fiscal year.」
Among the 4 market-focused businesses, Industrial Process posted lower sales but higher profit, Visual Imaging shifted from profit in the same period of the previous fiscal year to a loss, while Life Science and Photonics Solution posted higher sales and narrower losses. - FY2024Continued divergence in profitability across the 4 businessesAnnual report
「As a result, net sales in the Industrial Process business were ¥82,131 million, down 8.2% year on year, and segment profit was ¥10,876 million, down 40.4% year on year. …Net sales in the Visual Imaging business were ¥80,557 million, up 16.9% year on year, and segment profit was ¥5,887 million, up 69.5% year on year. …The Life Science business recorded a segment loss of ¥2,329 million, and the Photonics Solution business recorded a segment loss of ¥1,513 million.」
Among the 4 market-focused businesses, Industrial Process posted lower sales and profit, Visual Imaging posted higher sales and profit, Life Science narrowed its loss, and Photonics Solution widened its loss, with divergence in profitability continuing. - FY2024-Q2Higher sales but lower profit and continued losses across the 4 market-focused businessesAnnual report
「As a result, net sales in the Industrial Process business were ¥37,788 million, down 20.3% year on year, and segment profit was ¥3,947 million, down 63.8% year on year. …As a result, net sales in the Visual Imaging business were ¥38,859 million, up 20.6% year on year, and segment profit was ¥3,003 million, up 45.3% year on year. …The Life Science business recorded a segment loss of ¥1,196 million, and the Photonics Solution business recorded a segment loss of ¥703 million.」
Among the 4 market-focused businesses, Industrial Process posted lower sales and profit, Visual Imaging posted higher sales and profit, Life Science remained loss-making despite narrowing its loss, and Photonics Solution shifted from profit to a loss, with divergence in profitability continuing. - FY2024-Q1Divergence in profitability across the 4 market-focused businessesAnnual report
「As a result, net sales in the Industrial Process business were ¥17,475 million, down 12.0% year on year, and segment profit was ¥2,247 million, down 42.9% year on year. …Net sales in the Visual Imaging business were ¥17,645 million, up 13.2% year on year, and segment profit was ¥624 million, down 48.4% year on year. …The Life Science business recorded a segment loss of ¥454 million, and the Photonics Solution business recorded a segment loss of ¥323 million.」
Following the change to 4 market-focused businesses, Industrial Process posted lower sales and profit, Visual Imaging posted higher sales but lower profit, Life Science remained loss-making, and Photonics Solution shifted from profit to a loss, indicating divergent profitability between the businesses. - FY2023Higher profit in Optical Equipment and widening loss in Visual ImagingAnnual report
「Net sales in the Optical Equipment business were ¥57,805 million, up 19.4% year on year, and segment profit was ¥7,160 million, up 55.0% year on year. …Net sales in the Visual Imaging business were ¥51,333 million, up 31.0% year on year, and a segment loss of ¥642 million was recorded, compared with a segment loss of ¥53 million in the same period of the previous fiscal year.」
While profitability in the Optical Equipment business continued to improve, the Visual Imaging business posted higher sales but a wider loss, and divergence in profitability between the businesses continued. - FY2023-Q3Higher profit in Optical Equipment and a return to loss in Visual ImagingAnnual report
「As a result, net sales in the Optical Equipment business were ¥41,639 million, up 17.7% year on year, and segment profit was ¥6,285 million, up 78.4% year on year. As a result, net sales in the Visual Imaging business were ¥36,289 million, up 26.3% year on year, and a segment loss of ¥239 million was recorded, compared with segment profit of ¥96 million in the same period of the previous fiscal year.」
The Optical Equipment business posted higher sales and profit, while the Visual Imaging business shifted from profit in the same period of the previous fiscal year to a segment loss, and divergence in profitability between the businesses continues. - FY2023-Q2AdvancedAnnual report
「As a result, net sales in the Optical Equipment business were ¥30,283 million, up 23.6% year on year, and segment profit was ¥4,577 million, up 88.1% year on year. As a result, net sales in the Visual Imaging business were ¥23,316 million, up 32.3% year on year, and segment profit was ¥268 million, compared with a segment loss of ¥448 million in the same period of the previous fiscal year.」
The Optical Equipment business posted higher sales and profit, while the Visual Imaging business also shifted from a segment loss in the same period of the previous fiscal year to profit. Profitability improvement by business progressed in the first-half results. - FY2023-Q1RestatedAnnual report
「As a result, the Visual Imaging Equipment business recorded net sales of ¥11.374 billion, up 38.5% year on year, and segment profit of ¥246 million, compared with a segment loss of ¥477 million in the same period of the previous year.」
The Visual Imaging business shifted from a segment loss in the same period of the previous fiscal year to profit, while the Optical Equipment business secured segment profit of ¥1,085 million, reconfirming the improving profitability trend by business. - FY2022-Q3Higher profit in Optical Equipment and return to profitability in Visual ImagingAnnual report
「As a result, net sales in the Optical Equipment business were ¥35,377 million, up 37.0% year on year, and segment profit was ¥3,523 million, compared with segment profit of ¥235 million in the same period of the previous fiscal year. As a result, net sales in the Visual Imaging business were ¥28,743 million, up 30.6% year on year, and segment profit was ¥96 million, compared with a segment loss of ¥2,218 million in the same period of the previous fiscal year.」
The Optical Equipment business posted higher sales and profit, while the Visual Imaging business achieved both a substantial increase in sales and a return to profitability. Profitability improvement by business progressed further in the first 3 quarters. - FY2022-Q2Continued recovery by businessAnnual report
「As a result, net sales in the Optical Equipment business were ¥24,510 million, up 49.7% year on year, and segment profit was ¥2,433 million, compared with segment profit of ¥160 million in the same period of the previous fiscal year.」
The Optical Equipment business posted higher sales and profit, while the Visual Imaging business also posted higher sales and a narrower loss. Profitability improvement by business remains ongoing. - FY2022-Q1Improvement in Optical Equipment and narrowing loss in Visual ImagingAnnual report
「As a result, net sales in the Optical Equipment business were ¥12,461 million, up 74.2% year on year, and segment profit was ¥1,081 million, compared with segment profit of ¥77 million in the same period of the previous fiscal year. As a result, net sales in the Visual Imaging business were ¥8,212 million, up 51.2% year on year, and a segment loss of ¥477 million was recorded, compared with a segment loss of ¥1,295 million in the same period of the previous fiscal year.」
The Optical Equipment business posted higher sales and profit, while the Visual Imaging business also posted higher sales and a narrower loss. Profitability in the Light Source and Equipment businesses is improving at different stages by business. - FY2021AdvancedAnnual report
「Net sales in the Optical Equipment business were ¥39,041 million, up 7.8% year on year, and segment profit was ¥845 million, compared with a segment loss of ¥585 million in the same period of the previous fiscal year.」
The Optical Equipment business shifted from a segment loss in the previous fiscal year to profit of ¥845 million, while the Visual Imaging business moved into the red, confirming full-year divergence in profitability between the businesses. - FY2021-Q3Higher profit in Optical Equipment and widening loss in Visual ImagingAnnual report
「As a result, net sales in the Optical Equipment business were ¥25,822 million, up 4.4% year on year, and segment profit was ¥235 million, up 19.9% year on year. As a result, net sales in the Visual Imaging business were ¥22,006 million, down 54.3% year on year, and a segment loss of ¥2,218 million was recorded, compared with segment profit of ¥1,247 million in the same period of the previous fiscal year.」
The Optical Equipment business posted higher sales and profit, while the Visual Imaging business recorded a sharp decline in sales and shifted into the red, widening the divergence in profitability by business. - FY2021-Q2Divergence in profitability by businessAnnual report
「As a result, net sales in the Optical Equipment business were ¥16,373 million, down 9.5% year on year, and segment profit was ¥160 million, down 51.4% year on year.」
Following the change in reporting segments for the Equipment business, the Optical Equipment business remained profitable, but net sales and segment profit declined year on year. The Visual Imaging business separately recorded a segment loss of ¥1,934 million, indicating divergence in profitability by business. - FY2020AdvancedAnnual report
「Net sales in the Equipment business were ¥97,130 million, up 2.6% year on year, and segment profit was ¥316 million.」
The Equipment business shifted from a segment loss of ¥300 million in the previous fiscal year to profit of ¥316 million in the current fiscal year, returning to profitability for the full year. - FY2020-Q3AdvancedAnnual report
「As a result, net sales in the Equipment business were ¥72,857 million, up 6.1% year on year, and segment profit was ¥1,442 million, compared with a segment loss of ¥278 million in the same period of the previous fiscal year.」
The Equipment business recorded segment profit of ¥1,442 million for the first 3 quarters, shifting into the black from a loss of ¥278 million in the same period of the previous fiscal year. - FY2020-Q2AdvancedAnnual report
「As a result, net sales in this business were ¥49,913 million, up 6.9% year on year, and segment profit was ¥1,029 million, up 451.0% year on year.」
The Equipment business recorded first-half net sales up 6.9% year on year and segment profit of ¥1,029 million, up 451.0%, indicating progress in profitability improvement following a full-year loss in the previous fiscal year. - FY2020-Q1AdvancedAnnual report
「As a result, net sales were ¥22,717 million, up 4.0% year on year, and segment profit was ¥91 million, up 966.2% year on year.」
The Equipment business recorded first-quarter segment profit of ¥91 million, a significant increase from ¥8 million in the same period of the previous fiscal year. Following a full-year loss in the previous fiscal year, quarterly profitability is showing quantified improvement. - FY2019Continued full-year loss in the Equipment businessAnnual report
「As a result, net sales were ¥94,704 million, down 3.1% year on year, and a segment loss of ¥300 million was recorded.」
The Equipment business recorded a segment loss of ¥300 million for the full year, and profitability challenges remain. - FY2019-Q3Cumulative loss in the Equipment businessAnnual report
「As a result, net sales were ¥68,688 million, down 5.8% year on year, and a segment loss of ¥278 million was recorded.」
The Equipment business recorded a segment loss of ¥278 million for the first 3 quarters, having shifted into the red from segment profit of ¥415 million in the first 3 quarters of the previous fiscal year. - FY2019-Q2AdvancedAnnual report
「As a result, net sales were ¥46,682 million, down 0.2% year on year, and segment profit was ¥186 million.」
Cumulative segment profit for the Equipment business in the second quarter was ¥186 million, up from ¥8 million in the same period of the previous fiscal year. Following a full-year loss in the previous fiscal year, the recovery in first-half profit for the Equipment business has been quantified. - FY2019-Q1Quarterly profit decline in the Equipment businessAnnual report
「As a result, net sales were ¥21,846 million, down 3.3% year on year, and segment profit was ¥8 million, down 74.9% year on year.」
The Equipment business recorded segment profit of ¥8 million in the first quarter, down from ¥33 million in the same period of the previous fiscal year. After posting a full-year loss in the previous fiscal year, the decline in quarterly profit levels has now been quantified. - FY2018Full-year loss in the equipment businessAnnual report
「As a result, net sales were ¥97,716 million, down 0.1% year on year, and a segment loss of ¥509 million was recorded.」
While improved profitability in the Optical Equipment business was explained, the Equipment business as a whole recorded a segment loss of ¥509 million, shifting to a full-year loss from a segment profit of ¥74 million in the previous fiscal year. - FY2018-Q3Expansion of cumulative profit in the equipment businessAnnual report
「As a result, revenue was ¥72.926 billion, up 5.6% year on year, and segment profit was ¥415 million.」
Cumulative segment profit in the equipment business was ¥415 million for the nine months ended 31 December, up from ¥8 million for the six months ended 30 September. The improvement in profitability in the equipment business was quantified further. - FY2018-Q2First-half profitability in the equipment businessAnnual report
「As a result, revenue was ¥46.796 billion, up 3.2% year on year, and segment profit was ¥8 million.」
Segment profit in the equipment business was ¥8 million for the six months ended 30 September, resulting in a profit for the first half. - FY2018-Q1Quarterly profitability in the equipment businessAnnual report
「As a result, revenue was ¥22.589 billion, up 6.3% year on year, and segment profit was ¥33 million.」
Segment profit in the equipment business turned from a loss of ¥764 million in the same period of the previous year to a profit of ¥33 million in the quarter. Quarterly improvement in profitability against the low-profitability structure has been quantified. - FY2017Quantification of deteriorating profitabilityAnnual report
「The equipment business reported lower revenue and lower profit due to the impact of foreign exchange, as well as changes in the video equipment market environment and intensifying competition.」
Segment profit in the equipment business was ¥74 million, down 95.7% year on year, quantifying the impact of changes in the video equipment market environment, intensifying competition and the low-profitability structure in full-year results. - FY2017-Q3First statedAnnual report
「As the Group's light source business, its core business since the Company's founding, matures, the optical equipment business within the equipment business continues to generate low profitability due to intensifying competition and high manufacturing costs.」
The maturing light source business and continuing low profitability in the optical equipment business due to intensifying competition and high manufacturing costs are described as structural business conditions.