Expanding sales of the in-house “テラック” brand and developing new markets for financial equipment
First written in FY2017. 2 of 4 entries say "Reframed", first in FY2021. Latest entry: FY2024.
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- FY2024ReframedAnnual report
「We will also strengthen proposals for various management systems and BPO services for related operations, in response to financial institutions’ need to avoid operational risk and the growing demand for centralized processing of branch operations.」
In response to the contraction of the cash-handling equipment market, measures to expand sales have broadened from management equipment for financial institutions’ internal controls to management systems and BPO services for related operations. - FY2022AdvancedAnnual report
「We will also strengthen our capabilities in preparation for the issuance of new banknotes scheduled for 2024.」
In addition to measures to expand sales of financial equipment, the company has presented specific measures, with a defined timeline, to strengthen its capabilities ahead of the new banknote issuance scheduled for 2024. - FY2021ReframedAnnual report
「Meanwhile, the market for cash-handling equipment is trending downward due to the spread of cashless payments, restrained capital investment by financial institutions, which are major customers, and reductions in the number of operating branches. Accordingly, we will work to expand sales of management equipment that contributes to stronger internal controls at financial institutions and products that consolidate operations at head-office divisions.」
Measures to expand sales of financial equipment have become more specific, shifting from the previous focus on the company’s own brand and new-market development to management equipment for financial institutions’ internal controls and products for consolidating operations at head-office divisions. - FY2017First statedAnnual report
「To expand sales of our Terac brand, we will seek to establish a customer base centered on financial institutions, our core market. In particular, we will work on developing competitive products that address customer challenges through thorough collection of market needs, and actively promote the launch of new products. We will also work on developing products for new markets and expanding sales channels to develop the business.」
The company is pursuing an integrated set of initiatives comprising expanded sales of its own brand, establishment of a customer base, product development based on market needs, new product launches, and development of new markets and sales channels.