Expanding sales of X-ray products for the clinic market through rapid compliance with standards

「Revenue in the Medical Equipment segment increased 23% year on year to ¥16.9 billion, driven by the effect of new X-ray products. As the company also reduced its handling of less profitable products, the segment swung to an ¥1.1 billion profit from a loss in the same period of the previous year.」

「The medical systems business performed well, with strong sales of X-ray TV systems equipped with new software to improve patient safety, but overall revenue declined due to weak market conditions in Japan, Europe and China.」

「Meanwhile, X-ray TV system sales in North America increased as hospitals' operating environment recovered, while angiography system sales increased in other parts of Asia, including the Philippines, as technical exchange meetings raised awareness.」

「The recovery in capital investment by medical institutions contributed through X-ray equipment, including X-ray TV systems that combine the industry's smallest size with extensive functionality, new angiography systems equipped with the world's first AI-based image-processing technology, and general radiography systems with power-assist functions.」

「The company will expand sales of X-ray TV systems, whose profitability has been improving, through business-strengthening measures including shifting to direct sales in the United States.」

「Mobile X-ray imaging systems increased, mainly overseas, for diagnosing pneumonia caused by COVID-19. Other models, however, performed poorly as capital investment was postponed or frozen because medical institutions prioritized measures against COVID-19 and their profitability deteriorated.」

「Mobile X-ray imaging systems increased, mainly overseas, for diagnosing pneumonia caused by COVID-19. Other models, however, performed poorly as capital investment was postponed or frozen because medical institutions prioritized measures against COVID-19 and their profitability deteriorated.」

「Mobile X-ray imaging systems expanded mainly overseas for use in diagnosing COVID-19 pneumonia, but other models remained weak as medical institutions focused on countermeasures against COVID-19 and their earnings deteriorated due to the spread of the virus.」

「Sales in this business increased overall, despite lower overseas sales, driven by growth in X-ray diagnostic equipment sales in Japan and expansion of the aftermarket business. The angiography systems business performed well in cardiovascular treatment, as the company worked to build its brand in the minimally invasive treatment field.」

「In Japan, X-ray TV systems, angiography systems, and X-ray imaging systems for clinics continued to perform well. In North America, however, X-ray imaging systems declined as the impact of demand peaking after digitalization-promoting initiatives continued. In Europe, multipurpose X-ray TV systems and angiography systems declined. In China, X-ray imaging systems declined amid intensified competition from locally manufactured products, in addition to project delays. In other parts of Asia, generic X-ray TV systems and angiography systems grew in India, but X-ray imaging systems declined in Southeast Asia, partly due to the reaction to large projects in the previous year.」

「In North America, X-ray imaging systems declined as the impact of demand reaching a peak following measures to promote digitalization continued. In Europe, multi-purpose X-ray TV systems and angiography systems declined. In China, X-ray imaging systems declined due to intensified competition from domestically produced products, in addition to project delays. In other parts of Asia, angiography systems grew in India, but X-ray TV systems declined substantially in Southeast Asia, partly due to a reactionary decline following large projects in the previous year. In Japan, meanwhile, X-ray TV systems, angiography systems and X-ray imaging systems for clinics performed well, partly due to increased demand ahead of the consumption tax increase.」

「In Japan, sales increased as angiography systems and X-ray radiography systems performed well. In North America and Europe, however, conditions remained difficult as demand for mobile units declined and multipurpose X-ray TV systems remained sluggish. In China, overall sales declined because sales of X-ray radiography systems fell amid intensifying competition with domestically manufactured products, compounded by project delays. In Southeast Asia, X-ray TV systems declined sharply, partly because of a reaction to the large projects recorded the previous year.」

「In North America, sales of X-ray radiography systems declined as demand generated by measures to promote digitalization in the previous fiscal year leveled off. In Europe, X-ray radiography systems performed well, helped by the popularity of new mobile systems with excellent operability. X-ray TV systems and angiography systems also performed well. In China, overall sales declined because X-ray radiography systems were affected by policies favoring domestic products, while projects for angiography systems were delayed. In Southeast Asia, angiography systems performed well, supported in part by large projects. In Japan, new angiography systems offering reduced radiation exposure, high image quality, improved operability and greater examination efficiency remained firm, while X-ray radiography systems for clinics also performed well.」

「In North America, multifunctional X-ray TV systems performed well. In Europe, a new mobile system with excellent operability was well received, and X-ray imaging systems performed well. In China, overall sales declined because X-ray imaging systems decreased due to preferential policies for domestic products, while projects involving X-ray TV systems were delayed. In Southeast Asia, X-ray TV systems performed well, supported in part by large projects. In Japan, new angiography systems offering reduced radiation exposure, high image quality, improved operability and greater examination efficiency performed well, while X-ray imaging systems for clinics also remained solid.」

「X-ray TV systems performed well in Southeast Asia, including several large projects.」

「In North America, X-ray imaging systems grew as the company benefited from the tailwind of digitalization promoted by revisions to medical reimbursement rates. In China, X-ray imaging systems remained firm as demand recovered and the product lineup was strengthened to address customer needs. In Southeast Asia, X-ray imaging systems incorporating demand for digitalization and enhanced angiography systems performed well. In Japan, X-ray imaging systems expanded, including in clinics, and performed well.」

「In Japan, X-ray radiography systems expanded, mainly at clinics, and performed well. In North America, X-ray radiography systems grew significantly and sales increased as the business captured the tailwind from digitalization promoted by revisions to medical reimbursement rates. In Southeast Asia, X-ray radiography systems also grew and sales increased by meeting demand for digitalization.」

「In Japan, sales of X-ray diagnostic equipment increased, led by X-ray TV systems and angiography systems.」

「Rapid compliance with standards proved effective, driving higher sales of X-ray TV systems and general radiography systems for the clinic market.」