Market-oriented business portfolio restructuring under the Second Medium-Term Management Plan
First written in FY2023. 2 of 4 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「Although the launch and recovery of the semiconductor advanced packaging market were delayed relative to the plan, the company made planned upfront investments with a view to future growth. It also steadily implemented measures for business portfolio transformation (structural reform) and its financial strategy.」
Following the Second Medium-Term Management Plan, the market-oriented portfolio restructuring moved into the implementation phase for upfront investment, structural reform and financial strategy, while factoring in delays in semiconductor advanced packaging. - FY2024ReframedAnnual report
「Following a review of the Second Medium-Term Management Plan, the company now expects to fall short of its sales and operating profit targets for fiscal 2025, the plan’s final year.」
The Second Medium-Term Management Plan is expected to fall short of its final-year targets due to the prolonged downturn in semiconductor markets and other factors, and has been reorganised into Revive Vision 2030, including business portfolio transformation. - FY2024-Q1AdvancedAnnual report
「From the first quarter, the reportable segments were changed from the former 3 categories of Light Source, Optical Equipment and Visual Imaging to 4 categories: Industrial Process, Visual Imaging, Life Science and Photonics Solution.」
The business portfolio restructuring from a product-oriented to a market-oriented structure outlined in the Second Medium-Term Management Plan was implemented as reporting segments from 1 April 2023. - FY2023First statedAnnual report
「The company formulated and announced in May 2023 the “Second Medium-Term Management Plan (fiscal 2023–2025)” to realise Vision 2030 as a new three-year management plan starting in April 2023. …The company will promote its strategy by reorganising the product-oriented business domains of the “Light Sources Business,” “Optical Equipment Business” and “Imaging Equipment Business” into the market-oriented “Industrial Process Business,” “Visual Imaging Business,” “Life Science Business” and “Photonics Solution Business.”」
The Second Medium-Term Management Plan for fiscal 2023–2025 was positioned as a period for laying the groundwork for growth, and the plan to reorganise three product-oriented businesses into four market-oriented businesses was disclosed for the first time.