Sluggish infrared equipment market and declining demand for infection-control equipment
First written in FY2017-Q2. 11 of 31 entries say "Mitigated", first in FY2018. Latest entry: FY2026.
Nippon Avionics moved to the "Worse" side of this theme in 2022.
0 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「As a result of efforts to expand sales in target markets, orders for joining and infrared equipment totaled ¥5,286 million, up 20.0% year on year, net sales totaled ¥5,335 million, up 30.4%, and segment profit was ¥419 million, an improvement of ¥669 million year on year.」
Electronic Equipment, including Infrared Equipment, recorded higher sales as demand increased and sales expansion efforts progressed, while segment profit also improved. - 2026-05-12MitigatedRevision of earnings forecasts
「As a result of sales expansion efforts in target markets, the Joining Equipment and Infrared Equipment businesses recorded orders of ¥5,286 million, up 20.0% year on year; net sales of ¥5,335 million, up 30.4%; and segment profit of ¥419 million, an improvement of ¥669 million.」
The demand environment for electronic equipment improved, and the business moved from a segment loss to a segment profit. The impact of weak demand, including for infrared equipment, was less pronounced than in the previous fiscal year. - FY2025MitigatedAnnual report
「Bonding Equipment and Sensing Solutions recorded orders of ¥1,842 million, up 33.5% year on year, net sales of ¥2,035 million, up 23.1%, and a segment loss of ¥119 million, an improvement of ¥152 million year on year, as equipment demand recovered and sales expansion efforts in target markets progressed.」
For the full year, Electronic Equipment net sales increased, while the segment loss narrowed from ¥461 million in the previous fiscal year to ¥250 million. Signs of a recovery in demand were observed, but the segment remained loss-making. - FY2025-H1Signs of demand recovery and continued lossesAnnual report
「Bonding Equipment and Sensing Solutions recorded orders of ¥1,842 million, up 33.5% year on year, net sales of ¥2,035 million, up 23.1%, and a segment loss of ¥119 million, an improvement of ¥152 million year on year, as equipment demand recovered and sales expansion efforts in target markets progressed.」
In Electronic Equipment, including Sensing Solutions, orders and net sales increased as equipment demand recovered, and the loss narrowed. The segment nevertheless remained loss-making, with a loss of ¥119 million. - FY2024WorsenedAnnual report
「Bonding equipment and sensing solutions were affected by weak demand for production equipment, resulting in orders received of ¥3,714 million, down 9.6% year on year, revenue of ¥3,389 million, down 37.2%, and a segment loss of ¥461 million, a ¥785 million year-on-year decrease, due to lower revenue.」
Weak demand for production equipment in electronic equipment resulted in a 37.2% year-on-year decline in revenue and a segment loss of ¥461 million. The deterioration in the demand environment, including infrared and sensing equipment, became quantified. - FY2024-Q2WorsenedAnnual report
「Electronic equipment revenue was ¥1,653 million, down 43.2% year on year, and segment loss was ¥272 million, a ¥425 million year-on-year decrease, due to weak capital investment related to information equipment, including smartphones.」
In the electronic-equipment segment, weakness in capital investment related to information equipment, including smartphones, became evident in a 43.2% year-on-year decline in revenue and a segment loss of ¥272 million, compared with the previous support from demand for fever screening and production-equipment applications. - FY2024-Q1WorsenedAnnual report
「Revenue for bonding equipment and sensing solutions was ¥653 million, down 43.7% year on year, and segment loss was ¥214 million, a ¥212 million year-on-year decrease, due to lower demand related to smartphones and consumer products and the slowing recovery in capital-investment plans.」
Lower demand for electronic equipment, including sensing solutions, and the slowing recovery in capital-investment plans became evident in revenue of ¥653 million, down 43.7% year on year, and a segment loss of ¥214 million. - FY2023WorsenedAnnual report
「Revenue for bonding equipment and sensing solutions was ¥5,400 million, down 32.6% year on year, and segment profit was ¥323 million, a ¥747 million year-on-year decrease, due to lower demand related to smartphones and consumer products and revisions to capital-investment plans.」
Following the decline in demand for fever screening, lower demand for smartphones and consumer products and revisions to capital-investment plans emerged as declines in revenue and profit for electronic equipment overall. - FY2023-Q3WorsenedAnnual report
「Revenue for bonding equipment and sensing solutions was ¥3,990 million, down 34.4% year on year, and segment profit was ¥168 million, a ¥642 million year-on-year decrease, due to lower demand for consumer products and revisions to capital-investment plans.」
Revenue and segment profit for electronic equipment, including sensing solutions, declined significantly due to lower demand for consumer products and revisions to capital-investment plans. - FY2023-Q2WorsenedAnnual report
「For electronic equipment, production-equipment investment for bonding equipment declined as the economy had not yet achieved a full-scale recovery and demand for smartphones and consumer products fell. Revenue and segment profit for sensing solutions also declined due to lower demand following revisions to capital-investment plans in the steel, power and other industries.」
For sensing solutions, lower demand following revisions to capital-investment plans in the steel, power and other industries was reflected in a decline in revenue. Following the decline in demand for fever screening, deterioration in demand for conventional applications was also reported. - FY2023-Q1WorsenedAnnual report
「For sensing solutions, revenue and orders received declined due to lower orders received for existing production-equipment applications as customers revised their capital-investment plans for decarbonisation measures in the conventional market, including steel.」
For sensing solutions, formerly known as infrared thermography, orders received and revenue for existing production-equipment applications declined as customers revised capital-investment plans for decarbonisation measures in steel and other industries. - FY2022WorsenedAnnual report
「Although demand for fever screening for sensing solutions declined, demand related to 5G for bonding equipment remained firm. As a result, electronic-equipment revenue increased overall.」
The decline in demand for fever screening was also reflected in annual results. Meanwhile, demand related to 5G for bonding equipment remained firm, resulting in higher electronic-equipment revenue overall. - FY2022-Q3WorsenedAnnual report
「Although demand for fever screening for infrared equipment declined, demand for production-equipment applications showed an increasing trend, and demand related to 5G for bonding equipment remained firm. As a result, electronic-equipment revenue increased overall.」
The description of demand for fever screening changed from the previous quarter's state of “not yet recovering” to one indicating that demand had declined. Meanwhile, demand for production-equipment applications and 5G-related demand increased or remained firm. - FY2022-Q2RestatedAnnual report
「For infrared equipment, demand for production-equipment applications showed an increasing trend, but demand for fever screening did not recover due to delays in the disbursement of government subsidies and other factors.」
Demand for fever screening has not recovered due to delays in the disbursement of government subsidies and other factors, and weak demand continues. Meanwhile, demand for production-equipment applications was described as increasing. - FY2022-Q1MaterialisedAnnual report
「Although demand related to 5G remained firm for bonding equipment, demand for infrared equipment used for production facilities showed signs of recovery while demand for fever screening, which had surged in the previous fiscal year, was weak partly due to delays in the disbursement of government subsidies. As a result, electronic-equipment revenue increased overall. Meanwhile, segment profit declined slightly due to higher selling, general and administrative expenses associated with research and development activities and other factors.」
Demand for fever screening, which had surged in the previous fiscal year, was described as weak due to delays in the disbursement of government subsidies. While the decline in demand for infrared equipment was reflected in results, demand for production-equipment applications was described as recovering. - FY2021-Q3MitigatedAnnual report
「Although electronic equipment was affected by weak private-sector capital investment, overseas demand for bonding equipment related to 5G and demand for infrared equipment used for infection control remained firm. As a result, revenue increased, and segment earnings improved significantly due to efforts to reduce various expenses.」
Demand for infrared equipment used for infection control remained firm, and the impact of the previous market weakness and decline in demand had eased in the current quarter. - FY2021-Q2MitigatedAnnual report
「Demand for fever screening remained firm.」
Demand for fever screening remained firm, and the impact of the previous weakness in the infrared-equipment market and decline in demand had eased in the current quarter. - FY2021-Q1MitigatedAnnual report
「Infrared-equipment revenue increased due to higher demand for fever screening.」
Higher demand for fever screening emerged as a new factor supporting revenue, unlike the previous weakness in the market and decline in demand. Demand-side risks related to infrared equipment were described as having eased in the current quarter. - FY2020MitigatedAnnual report
「Infrared-equipment revenue increased as demand for screening rose from the beginning of the year as a measure against COVID-19.」
Infrared equipment changed from being affected by declining overseas sales and postponed capital investment to benefiting from increased revenue due to higher demand for screening as an infection-control measure. - FY2020-Q3WorsenedAnnual report
「Although special-purpose measurement equipment and other products remained firm, infrared-equipment revenue declined due to weakness in equipment for plant disaster-prevention monitoring, as postponement of capital investment due to economic uncertainty became evident.」
Postponement of capital investment due to economic uncertainty became evident, and a decline in revenue due to weakness in equipment for plant disaster-prevention monitoring was newly indicated for infrared equipment. - FY2020-Q1MitigatedAnnual report
「Sales of infrared equipment increased because of growth in sales of new products launched in the previous period and systems projects, but sales of bonding equipment for information devices declined substantially due to the weak smartphone market, resulting in an overall decline in electronic equipment sales.」
Infrared-equipment revenue increased due to higher sales of new products introduced in the previous fiscal year and an increase in systems projects, indicating an improvement from the previous trend of declining overseas sales. - FY2019-Q3MitigatedAnnual report
「Infrared-equipment revenue increased as systems for the domestic steel and power markets performed steadily.」
Although infrared equipment continued to be affected by the impact of lower overseas sales reported through the previous quarter, revenue increased as systems for the domestic steel and power markets performed steadily. - FY2019-Q2MaterialisedAnnual report
「Infrared-equipment revenue increased because, although overseas sales declined due to intensified price competition, systems for the domestic steel and power markets performed steadily.」
The description of infrared equipment changed from being broadly flat through the previous fiscal year to one indicating a decline overseas due to intensified price competition in the current quarter. Meanwhile, systems for the domestic steel and power markets remained firm. - FY2019-Q1MitigatedAnnual report
「Infrared-equipment revenue remained broadly flat.」
The description changed from the decline in infrared-equipment revenue due to lower overseas sales reported in previous quarterly reports to one indicating that revenue was broadly flat in the current quarter. - FY2018MitigatedAnnual report
「Electronic-equipment revenue increased because, although infrared-equipment revenue remained broadly flat, bonding equipment focused on deepening customer relationships, captured demand for production equipment responding to the miniaturisation of electronic components used in smartphones and other information devices, particularly in Asia, and overseas sales performed well and increased.」
The description of infrared equipment changed from the continued decline in overseas sales reported in quarterly reports to one indicating that annual revenue was broadly flat. - FY2018-Q3MaterialisedAnnual report
「Infrared-equipment revenue declined due to lower overseas revenue, among other factors.」
Lower overseas infrared-equipment revenue also emerged in the third quarter as a factor behind the decline in revenue within the electronic-equipment segment. - FY2018-Q2MaterialisedAnnual report
「Infrared-equipment revenue declined due to lower overseas revenue, among other factors.」
Lower overseas infrared-equipment revenue emerged in the second quarter as a factor behind the decline in revenue within the electronic-equipment segment. - FY2018-Q1MaterialisedAnnual report
「Although infrared-equipment revenue declined due to lower overseas sales, bonding equipment captured demand for production equipment responding to the miniaturisation of electronic components used in smartphones and other information devices, particularly in Asia, and overseas products performed well, resulting in higher revenue. Revenue therefore increased by ¥193 million year on year to ¥1,718 million, up 12.7%.」
Infrared-equipment revenue declined due to lower overseas sales, and weakness in demand for and sales of the infrared-equipment business continued to be reflected in results. Meanwhile, higher bonding-equipment revenue lifted electronic-equipment revenue overall. - FY2017MaterialisedAnnual report
「Infrared-equipment revenue declined due to the impact of lower revenue following the transfer of the measurement business in the previous fiscal year and lower demand for equipment serving specific needs, including infection control.」
Lower demand for equipment serving specific needs, including infection control, continued to emerge as a factor behind the annual decline in infrared-equipment revenue. - FY2017-Q3MaterialisedAnnual report
「Infrared-equipment revenue declined as intensified competition made it difficult to expand sales of existing products, and due to the impact of lower demand for equipment used for infection control, among other factors.」
Intensified competition for infrared equipment and lower demand for equipment used for infection control continued to emerge as factors behind the business's revenue decline. - FY2017-Q2First statedAnnual report
「Infrared equipment revenue declined due to the weak market and lower demand for equipment used for infection control, among other factors.」
Weakness in the infrared-equipment market and lower demand for infection-control equipment emerged during the current quarter as factors behind the decline in electronic-equipment revenue.