Growth driven by two pillars: core and priority businesses
First written in FY2016. 15 of 29 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「Previously, each business was operated with a focus on optimizing its own operations within its individual framework. In Phase III, we are strengthening collaboration among businesses centered on capacitor products and moving toward mutually complementary operations that reflect the characteristics of each business.」
As a Phase III initiative, we are giving concrete form to the shift from conventional business-by-business operations to collaboration and mutually complementary operations centered on capacitor products. - FY2026-H1RestatedAnnual report
「We worked to expand sales in each priority business, centered on industrial equipment, xEVs, and power equipment, while advancing measures including continued productivity improvements, appropriate pricing and resource reallocation based on market trends.」
The Company continued its previous measures of expanding sales in priority businesses, improving productivity, optimizing prices and reallocating resources based on market trends. - FY2025ReframedAnnual report
「In the capacitor and module business, to maximize operational efficiency across the capacitor business, we will integrate the xEV and industrial equipment businesses and increase their contribution to earnings by focusing on markets expected to deliver sustainable growth.」
The focus of business operations is being shifted from expanding sales in the previous 4 priority businesses to integrating the xEV and industrial equipment businesses and reallocating resources to markets with sustainable growth. - FY2025-H1AdvancedAnnual report
「Amid these economic conditions, we worked to expand sales in each business, centered on industrial equipment, xEVs and power equipment, while continuing to invest in strengthening technological capabilities and expanding production capacity for future growth and promoting cost reductions and appropriate price pass-through, including labor costs, to secure profitability. As a result, consolidated net sales for the six months ended the interim period increased 0.7% year on year to ¥12,838 million. As for earnings, operating profit increased 35.6% year on year to ¥562 million, reflecting progress in passing through higher product prices and the results of productivity improvement initiatives.」
As a result of continued sales expansion, technological and production capability enhancements, cost reductions and price pass-through, interim consolidated net sales increased 0.7% year on year and operating profit increased 35.6%. - FY2024RestatedAnnual report
「We worked to expand sales in each of our businesses, centered on industrial equipment, xEVs, and power and environmental and energy-saving equipment, while continuing to invest in strengthening technological capabilities and expanding production capacity for future growth and promoting cost reductions and appropriate price pass-through to secure profitability.」
The Company continued its previous measures of expanding sales in priority businesses, strengthening technological and production capabilities, and reducing costs, while adding appropriate price pass-through as a response. - FY2024-Q2AdvancedAnnual report
「Orders for xEV capacitors remained sluggish, resulting in lower sales. Meanwhile, growth in capacitors for industrial equipment, mainly in the power electronics market, resulted in sales of ¥9,282 million, up 0.8% year on year. ② Power equipment systems business Strong sales of power factor improvement equipment resulted in sales of ¥3,463 million, up 6.8% year on year.」
Sales of xEV capacitors declined, while sales of industrial equipment capacitors and power equipment systems increased, with both businesses exceeding the prior-year period among the 2 core businesses. - FY2024-Q1Capacitor and module sales increase, power equipment systems flatAnnual report
「Sales of xEV capacitors declined due to the impact of inventory adjustments by customers. Meanwhile, growth in capacitors for industrial equipment, mainly in the power electronics market, resulted in sales of ¥4,695 million, up 5.1% year on year. ② Power equipment systems business Sales were broadly in line with the prior-year period at ¥1,456 million, a 0.0% year-on-year decline.」
In the 2 core businesses, sales in the capacitor and module business increased on growth in industrial equipment, while xEV sales declined due to inventory adjustments, and the power equipment systems business was broadly in line with the prior-year period. - FY2023-Q3AdvancedAnnual report
「① Capacitor and module business Sales of xEV capacitors declined slightly due to the impact of production adjustments by customers. Meanwhile, growth in capacitors for industrial equipment, mainly in the power electronics market, resulted in sales of ¥14,510 million, up 11.3% year on year. ② Power equipment systems business Sales in the environmental and energy-saving market grew, centered on momentary voltage dip compensation equipment. As a result, sales were ¥4,982 million, up 14.9% year on year.」
In the 2 core businesses, sales of xEV capacitors declined slightly, while sales of industrial equipment capacitors and power equipment systems grew, resulting in higher sales in both segments. - FY2023-Q2AdvancedAnnual report
「① Capacitor and module business Sales of xEV capacitors declined due to the impact of production adjustments by customers. Meanwhile, growth in capacitors for industrial equipment, mainly in the power electronics market, resulted in sales of ¥9,213 million, up 11.5% year on year. ② Power equipment systems business Growth in the environmental and energy-saving market, centered on momentary voltage dip compensation equipment, resulted in sales of ¥3,244 million, up 21.9% year on year.」
Sales increased year on year in both core businesses, the capacitor and module business and the power equipment systems business. Although xEV sales declined, growth in industrial equipment and the environmental and energy-saving market drove overall results. - FY2022-Q3RestatedAnnual report
「As a result, although sales in the power equipment systems business declined, consolidated net sales for the nine months ended the third quarter increased 10.1% year on year to ¥17,373 million, driven by growth in xEV capacitors in the capacitor and module business.」
The pattern continued through the nine months ended the third quarter: xEV capacitor sales continued to grow, while sales in the power equipment systems business declined. - FY2022-Q2Sharp growth in xEV sales continues, while power equipment systems sales continue to declineAnnual report
「As a result, although sales in the power equipment systems business declined, consolidated net sales for the six months ended the second quarter increased 10.6% year on year to ¥10,927 million, driven by substantial growth in xEV capacitors in the capacitor and module business.」
Strong growth in xEV capacitors continued, driving a 10.6% year-on-year increase in consolidated net sales, while sales in the power equipment systems business declined. - FY2022-Q1xEV sales increase and power equipment systems sales declineAnnual report
「As a result, although sales in the power equipment systems business declined, consolidated net sales for the three months ended the first quarter increased 19.4% year on year to ¥5,388 million, driven by substantial growth in xEV capacitors in the capacitor and module business.」
xEV capacitors in the capacitor and module business grew substantially, driving a 19.4% year-on-year increase in consolidated net sales, while sales in the power equipment systems business declined. - FY2021Decline in sales in the priority businessesAnnual report
「We worked to expand sales in each of our priority businesses, industrial equipment, automotive equipment, power equipment (power factor and power quality improvement), and environmental and energy-saving equipment, while continuing to invest in strengthening our technological capabilities and expanding production capacity for future growth and reducing costs to secure profitability.」
Although we continued to expand sales, strengthen technological capabilities, expand production capacity and reduce costs in the 4 priority businesses, full-year sales declined in both the capacitor and module business and the power equipment systems business. - FY2021-Q3Continued decline in sales in the 2 core businessesAnnual report
「Sales of EV and HEV capacitors remained strong and increased year on year, but sales of capacitors for industrial equipment declined in both Japan and overseas, including those for railway vehicles and large power electronics equipment. As a result, sales declined 4.3% year on year to ¥11,143 million. Demand for capital investment in power factor improvement equipment and power quality improvement equipment declined, and sales remained sluggish. As a result, sales declined 18.2% year on year to ¥4,632 million.」
Both the capacitor and module business and the power equipment systems business, the core businesses, reported lower sales year on year. Sales of EV and HEV capacitors increased, but declines in capacitors for industrial equipment, power factor improvement equipment and power quality improvement equipment weighed on overall results. - FY2021-Q2Decline in sales in the 2 core businessesAnnual report
「During the second quarter, sales of EV and HEV capacitors in the capacitor and module business increased, but sales of capacitors for industrial equipment, automotive noise-suppression capacitors and capacitors for household appliances remained sluggish, resulting in a decline in sales. In the power equipment systems business, sales declined for both power quality improvement equipment and power factor improvement equipment, bringing total sales to ¥9,883 million, down 13.4% year on year.」
Sales declined in both the capacitor and module business and the power equipment systems business, the core drivers of growth, and the growth performance of the 2 main businesses deteriorated from the prior-year period. - FY2020AdvancedAnnual report
「We worked to expand sales in each of our priority businesses, industrial equipment, automotive equipment, power equipment (power factor and power quality improvement), and environmental and energy-saving equipment, while continuing to invest in strengthening our technological capabilities and expanding production capacity for future growth and reducing costs to secure profitability.」
The growth policy based on core and priority businesses has been translated into specific measures: expanding sales in the 4 businesses of industrial equipment, automotive equipment, power equipment, and environmental and energy-saving equipment, strengthening technological capabilities, expanding production capacity, and reducing costs. - FY2020-Q3AdvancedAnnual report
「As a result of efforts to secure orders and sales and reduce costs under these management conditions, sales increased in both the capacitor and module business and the power equipment systems business, and consolidated net sales for the nine months ended the third quarter were ¥17,315 million, up 8.4% year on year.」
Sales increased in both core businesses, the capacitor and module business and the power equipment systems business, and consolidated net sales also increased 8.4% year on year. - FY2020-Q2AdvancedAnnual report
「As a result of efforts to secure orders and sales, sales increased in both the capacitor and module business and the power equipment systems business, and consolidated net sales for the six months ended the second quarter were ¥11,410 million, up 10.5% year on year.」
Sales increased in both core businesses, the capacitor and module business and the power equipment systems business, and consolidated net sales also increased 10.5% year on year. - FY2019ReframedAnnual report
「We will focus on establishing the foundation for the film capacitor business for EVs and PHEVs, for which demand is expected to expand rapidly, increasing the market share and strengthening the profitability of the core industrial equipment business, and developing new markets in the environmental and energy-saving business,」
The Company reorganized its framework from the previous two-pillar structure of core and priority businesses to one specifying priority measures for the EV and PHEV, industrial equipment, and environmental and energy-saving businesses. - FY2019-Q3AdvancedAnnual report
「Sales increased in both the capacitor and module business and the power equipment systems business, and consolidated net sales for the nine months ended the third quarter were ¥15,966 million, up 6.8% year on year.」
Sales increased in both core businesses, the capacitor and module business and the power equipment systems business, and consolidated net sales also increased 6.8% year on year. - FY2019-Q2AdvancedAnnual report
「As a result of efforts to secure orders and sales, sales increased in both the capacitor and module business and the power equipment systems business, and consolidated net sales for the six months ended the second quarter were ¥10,328 million, up 7.4% year on year.」
Sales increased in both core businesses, the capacitor and module business and the power equipment systems business, and consolidated net sales also increased 7.4% year on year. - FY2019-Q1AdvancedAnnual report
「As a result of efforts to secure orders and sales under these management conditions, sales increased in both the capacitor and module business and the power equipment systems business, and consolidated net sales for the three months ended the first quarter were ¥4,857 million, up 10.3% year on year.」
Sales increased in both core businesses, the capacitor and module business and the power equipment systems business, and consolidated net sales also increased 10.3% year on year. - FY2018-Q3RestatedAnnual report
「From the perspective of selection and concentration, we transferred the information equipment systems business in order to concentrate management resources on our core capacitor and module business and power equipment systems business and achieve sustained future growth by strengthening our products.」
Following the transfer of the information equipment systems business, the Company reaffirmed the concentration of management resources on its capacitor and module business and power equipment systems business as a growth initiative. - FY2018-Q2AdvancedAnnual report
「During the six-month period ended the second quarter, the Group, comprising the Company and its affiliated companies, transferred the information equipment systems business in order to concentrate management resources on its core capacitor and module business and power equipment systems business from the perspective of selection and concentration and achieve sustained future growth by strengthening its products.」
Under the previous two-pillar growth policy, the transfer of the information equipment systems business was completed, making tangible progress in concentrating management resources on the 2 core businesses. - FY2018-Q1AdvancedAnnual report
「From the perspective of selection and concentration, we decided to transfer the information equipment systems business in order to concentrate management resources on our core capacitor and module business and power equipment systems business and achieve sustained future growth by strengthening our products.」
In contrast to the previous growth policy based on core and priority businesses, the Company decided on a specific measure to transfer the information equipment systems business and concentrate management resources on its capacitor and module business and power equipment systems business. - FY2017RestatedAnnual report
「In addition to implementing measures to stabilize the earnings base and expand sales, we are concentrating management resources on developing next-generation capacitors and advancing development and investment to support sustained future business growth.」
The Company described stabilizing the earnings base and expanding sales, together with concentrating management resources on next-generation capacitors and pursuing development and investment, as growth initiatives. - FY2016First statedAnnual report
「We are working to achieve our targets through two businesses: the "core business," which is expected to generate stable sales and earnings, and the "priority business," which is intended to drive future business expansion.」
The Company separated the business responsible for stable earnings from the business responsible for expansion and positioned them as the means of achieving AIM2018.