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Shimadzu (7701) · InitiativeAdvanced

Expanding the aftermarket business

First written in FY2017-Q1. 13 of 24 entries say "Restated". Latest entry: 2026-08-06.

24entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2020-Q3AdvancedFY2021 – 2026-08-062016: 220162017: 420172018: 220182019: 320192020: 320202021: 220212022: 120222023: 120232024: 220242025: 020252026: 42026
Same theme, other companies
Expansion of the Aftermarket and Recurring-Revenue BusinessA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. 2026-08-06AdvancedRevision of earnings forecasts

    「We also strengthened after-sales services and reagents and consumables by expanding our lineup and developing value-chain partners, thereby promoting the expansion of the recurring business.」

    The expansion of the aftermarket business progressed through stronger after-sales services, including the development of value-chain partners, and strengthened reagent and consumables businesses.
  2. FY2026AdvancedAnnual report

    「Under “strengthening and expanding the recurring business,” the company established a new organization overseeing the recurring business for measuring instruments and put in place a structure to more vigorously promote the strengthening and expansion of its after-sales service and reagents and consumables businesses.」

    For the recurring business, the company established a new organization overseeing the Measuring Instruments business and developed a structure to strengthen after-sales services, reagents and consumables.
  3. FY2025-H1AdvancedAnnual report

    「To strengthen its recurring businesses, the company acquired Zef Scientific, Inc., a North American company providing maintenance services for measuring instruments.」

    The company implemented a specific measure to strengthen the recurring business by acquiring a North American measurement equipment maintenance services company.
  4. FY2024AdvancedAnnual report

    「To strengthen services, the company is launching a multi-vendor service in the analysis business in North America and strengthening its service structure in the North American medical business. It is also expanding clinical regulatory compliance software through Biomaneo, a group company in France, and expanding the consumables business across the group, including Shimadzu Diagnostics Corporation.」

    The recurring business has become more concrete, expanding beyond maintenance and consumables to include multivendor services in North America's analytical business, North American medical services, software for clinical regulatory compliance, and diagnostic reagents.
  5. FY2023AdvancedAnnual report

    「We will expand the business through both maintenance parts and services and reagents and consumables. We will highlight customer benefits through remote monitoring functions using DX and IoT, as well as subscription services that provide software for a fixed fee.」

    The aftermarket business has been specifically expanded beyond maintenance parts and servicing to include reagents and consumables, remote monitoring and subscription-based software.
  6. FY2022RaisedAnnual report

    「The company will continue efforts to create new businesses by expanding its lineup of new products and services using subscription and usage-based pricing models. In addition, from the perspective of leveraging data, it aims to visualize the operating status of equipment used by customers worldwide and use this to improve product quality.」

    Recurring business initiatives have expanded from extending product services through subscriptions and usage-based charges to visualizing the operating status of equipment worldwide.
  7. FY2021AdvancedAnnual report

    「The company aims to achieve steady growth in its aftermarket business by expanding its consumables business, including reagents that grew during the response to the COVID-19 pandemic. In addition, centered on the newly established DX Strategy Division, it is working to create new businesses, including subscription businesses, by combining digital technologies with existing products and services.」

    The measures have taken concrete form by explicitly including reagents and other consumables among the targets for aftermarket expansion and creating new businesses, including subscription services, through the DX Strategy Division.
  8. FY2021-Q3RestatedAnnual report

    「Alongside strengthening worldwide sales of these products, we will work to strengthen the foundation for sustainable business growth by expanding our recurring business.」

    The policy of strengthening the growth base by expanding worldwide sales of priority products and the recurring business continues.
  9. FY2021-Q1RestatedAnnual report

    「At that time, the company explained that current business growth is supported by key products that are its strengths, such as liquid chromatographs and mass spectrometry systems. It will strengthen sales of these products worldwide while expanding the recurring business, thereby working to strengthen the foundation for sustainable business growth.」

    The policy of strengthening the growth base by expanding worldwide sales of priority products and the recurring business continues.
  10. FY2020RaisedAnnual report

    「The company aims to achieve steady growth in its aftermarket business by working with overseas companies that joined the Shimadzu Group under the previous medium-term management plan. In addition, “creating mechanisms to resolve social issues” is itself a business model that generates recurring use of the company's products and services. The company aims to build a foundation for business performance by using data and applications and introducing new sales models, including subscription-based billing.」

    The scope has expanded from the previous focus on growing the aftermarket business to a recurring business encompassing collaboration with overseas companies, repeat use of products and services, data and applications, and new charging models.
  11. FY2020-Q3RestatedAnnual report

    「Expansion of the aftermarket business using AI and IoT」

    Measures to expand the aftermarket business using AI and IoT have continued.
  12. FY2020-Q2RestatedAnnual report

    「Expansion of the aftermarket business using AI and IoT」

    Initiatives to expand the aftermarket business using AI and IoT continue to be presented.
  13. FY2020-Q1RestatedAnnual report

    「Expansion of the aftermarket business using AI and IoT」

    The policy of expanding the aftermarket business using AI and IoT remains in place.
  14. FY2019-Q3RestatedAnnual report

    「Expansion of the aftermarket business using AI and IoT」

    Measures to expand the aftermarket business using AI and IoT have continued.
  15. FY2019-Q2RestatedAnnual report

    「Expansion of the aftermarket business using AI and IoT」

    Measures to expand the aftermarket business using AI and IoT have continued.
  16. FY2019-Q1RestatedAnnual report

    「Expansion of the aftermarket business using AI and IoT」

    The policy of using AI and IoT to expand the aftermarket business has been reaffirmed.
  17. FY2018-Q2RestatedAnnual report

    「Expansion of the aftermarket business using AI and IoT」

    The company has reconfirmed its policy of using AI and IoT to expand the aftermarket business.
  18. FY2018-Q1RestatedAnnual report

    「Expansion of the aftermarket business using AI and IoT」

    The policy of expanding the aftermarket business is being reaffirmed in conjunction with the use of AI and IoT.
  19. FY2017RestatedAnnual report

    「We will strengthen investment in the reagents and consumables business and work to expand the aftermarket business.」

    The company has reaffirmed its policy of expanding the aftermarket business by strengthening investment in reagents and consumables.
  20. FY2017-Q3RestatedAnnual report

    「Expanding the aftermarket business」

    The policy of expanding the aftermarket business was reiterated.
  21. FY2017-Q2RestatedAnnual report

    「Expanding the aftermarket business」

    The policy of expanding the aftermarket business was reiterated.
  22. FY2017-Q1First statedAnnual report

    「Expanding the aftermarket business」

    First appearance of the policy to expand the aftermarket business as a growth initiative.
Moved together

"¥20 Annual Dividend per Share" moved the same way as this thread, in the same document, in 7 of its 24 moves.

766655★123456
  1. ★This thread
  2. 1¥20 Annual Dividend per Share7×
  3. 2Record Highs in Key Financial Metrics6×
  4. 3Strengthening Priority Businesses Centered on Liquid Chromatographs and Mass Spectrometry Systems6×
  5. 4Strengthening Overseas Business Through Region-Specific Expansion, Development and Withdrawal6×
  6. 5Lower Sales and Operating Profit but Higher Ordinary Profit and Net Income Amid Yen Appreciation5×
  7. 6Strengthening the Financial Base Through More Efficient Cash Management and Debt Reduction5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Shimadzu's next results are scheduled for 2026-11-06. Read the earnings preview It last moved in the Revision of earnings forecasts of 2026-08-06: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Expanding the aftermarket business | Shimadzu Corporation (7701) | Komori