Expansion of the Small Precision Components Business in Global Niche Markets
First written in FY2016. 10 of 31 entries say "Worsened", first in FY2018-Q3. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Automotive components slightly higher, ceramics revenue up, small motors revenue downAnnual report
「Automotive components posted modestly higher revenue as the recovery in automakers’ production remained limited. Small motors posted lower revenue despite a gradual recovery in market conditions from the second half of the fiscal year. Ceramics posted higher revenue as strong sales of submount products for optical communications and other applications continued.」
In precision components, automotive components posted modestly higher revenue and ceramics posted higher revenue, while small motors posted lower revenue, with differing recovery trends by product continuing. - FY2026-H1Higher revenue from automotive components and ceramics, lower revenue from small motors and printersAnnual report
「Automotive components posted higher revenue as production at domestic automakers continued to normalize and the US and Chinese markets remained solid. Small motors posted lower revenue as sales stalled amid uncertainty over market conditions. Ceramics posted higher revenue as sales of submount products for optical communications and other applications increased.」
In precision components, automotive components and ceramics posted higher revenue, while small motors and other products posted lower revenue, with differing recovery trends by product continuing. - FY2025-H1Different recovery trends by productAnnual report
「Automotive components posted higher revenue, remaining firm mainly in overseas markets despite the impact of domestic market conditions. Small motors posted lower revenue due to factors including customer inventory adjustments. Crystal devices posted lower revenue as demand in the PC and IoT-related markets failed to recover, while optoelectronics devices also posted lower revenue due to weak demand.」
Automotive components posted higher revenue, remaining firm mainly in overseas markets, while small motors, crystal devices and optoelectronics devices posted lower revenue, highlighting differing performance by product. - FY2024-Q3RestatedAnnual report
「Within precision components, automotive components posted higher revenue as shortages of components associated with the semiconductor shortage eased and automakers’ production recovered. Small motors also posted higher revenue, helped by a recovery in market conditions across a wide range of fields, including medical applications, but crystal devices posted lower revenue due to slowing demand in the PC and IoT-related markets, leaving precision components overall at the previous year’s level.」
Automotive components and small motors posted higher revenue, while crystal devices posted lower revenue due to slowing demand in PC and IoT-related demand, leaving precision components overall at the previous year’s level. - FY2024-Q2Overall flat as automotive components recovered while crystal devices slowedAnnual report
「Within precision components, automotive components posted higher revenue as shortages of components associated with the semiconductor shortage eased and automakers’ production recovered. Small motors also posted higher revenue, helped by a recovery in market conditions across a wide range of fields, including medical applications, but crystal devices posted lower revenue due to slowing demand in the PC and IoT-related markets, leaving precision components overall at the previous year’s level.」
Automotive components and small motors posted higher revenue, while crystal devices posted lower revenue due to slowing demand in the PC and IoT-related markets, leaving precision components overall at the previous year’s level. - FY2024-Q1WorsenedAnnual report
「Within precision components, automotive components posted lower revenue as the market remained weak despite a gradual recovery in automakers’ production. Small motors posted higher revenue, helped by a recovery in market conditions across a wide range of fields, including medical applications, but crystal devices posted lower revenue due to slowing demand in the PC and IoT-related markets, resulting in lower revenue for precision components overall.」
Automotive components and crystal devices posted lower revenue, while small motors posted higher revenue in medical-related and other applications, but precision components overall posted lower revenue. - FY2023ReframedAnnual report
「In the automotive components business, which leverages the Group’s strength in small metal-processing technology, we will expand high-value-added products and EV-related components while developing applications outside automotive components. In the optoelectronics business, we will expand products such as high-efficiency, long-life and environmentally conscious LEDs for lighting.」
The strategy is to expand the global niche business in small precision components into high-value-added products, EV-related applications and areas outside the automotive sector. - FY2023-Q3WorsenedAnnual report
「Within precision components, automotive components posted lower revenue as automakers cut production due to the semiconductor shortage, while the strong demand for crystal devices that had continued until then showed signs of leveling off in some areas. Small motors continued to capture demand across a wide range of fields, including medical and semiconductor-related applications, but precision components overall posted lower revenue.」
Automotive components posted lower revenue and demand for crystal devices leveled off, while demand for small motors was captured, resulting in lower revenue for precision components overall. - FY2023-Q2Automotive-component revenue down, pause in crystal demand, continued demand for small motorsAnnual report
「Among precision components, automotive components recorded lower revenue due to automakers' production cuts caused by semiconductor shortages. Demand for crystal devices, which had remained strong, showed signs of a pause in some areas but remained generally firm. Small motors also continued to attract demand from a wide range of fields, including medical and semiconductor-related applications, resulting in flat revenue for precision components overall.」
Automotive components posted lower revenue due to automakers’ production cuts caused by the semiconductor shortage. Crystal devices remained solid despite a pause in demand, while small motors captured demand from the medical and semiconductor-related sectors, leaving precision components overall flat. - FY2023-Q1Automotive-component revenue down, pause in crystal demand, small motors firmAnnual report
「Among precision components, automotive components recorded lower revenue due to automakers' production cuts caused by semiconductor shortages. Demand for crystal devices, which had remained strong, showed signs of a pause in some areas but remained firm overall. Small motors also benefited from improving market conditions across a wide range of fields, including medical and semiconductor-related applications, resulting in higher revenue for precision components overall.」
Automotive components recorded lower revenue due to automakers' production cuts caused by semiconductor shortages, while crystal devices remained firm and market conditions for small motors improved in medical and semiconductor-related applications. - FY2022-Q3Automotive-component revenue up and switch revenue down amid semiconductor shortagesAnnual report
「Among precision-machined components, automotive components secured higher revenue despite struggling in the near term due to automakers' production cuts caused by the global semiconductor shortage. Switches for smartphones remained sluggish due to customers' inventory adjustments, resulting in lower revenue.」
Automotive components secured higher revenue despite the impact of automakers' production cuts caused by semiconductor shortages, while switches for smartphones recorded lower revenue due to customers' inventory adjustments. - FY2022-Q2Higher automotive-component revenue and lower switch revenueAnnual report
「Despite concerns that the global semiconductor shortage could force automakers to cut production, automotive components recorded higher revenue on the back of solid demand. Switches for smartphones remained sluggish due to customers' inventory adjustments, resulting in lower revenue.」
Automotive components recorded higher revenue on solid demand despite concerns over semiconductor shortages, while switches for smartphones recorded lower revenue due to customers' inventory adjustments. - FY2022-Q1Recovery in automotive components and slowdown in switch ordersAnnual report
「Despite concerns that the global semiconductor shortage could force automakers to cut production, both brake-related and engine-related automotive components remained firm. Switches recorded higher revenue, but orders slowed due to customers' inventory adjustments.」
Brake-related and engine-related automotive components remained firm, and switches posted higher revenue, but the situation changed as orders slowed due to customers' inventory adjustments. - FY2021-Q3Recovery alongside lower revenueAnnual report
「Among precision-machined components, sales of automotive components gradually increased as new-vehicle sales recovered, bringing results close to the previous year. Switches recorded lower revenue due to weak sales for smartphones.」
Automotive components recovered as new-vehicle sales improved, while switches for smartphones recorded lower revenue due to weak sales. - FY2021-Q2WorsenedAnnual report
「Among precision-machined components, automotive components remained sluggish due to a decline in new-vehicle sales, but sales in Western markets recovered from the second quarter onward, narrowing the rate of decline. Switches recorded lower revenue due to weak sales for smartphones.」
Automotive components showed signs of recovery in sales to Western markets, but the impact of lower new-vehicle sales continued, while switches also experienced weak sales. - FY2021-Q1WorsenedAnnual report
「Among precision-machined components, brake-related and engine-related automotive components both remained sluggish due to a substantial decline in new-vehicle sales, while weak sales of switches for smartphones also weighed on results, resulting in lower revenue for precision-machined components overall.」
Brake-related and engine-related automotive components were sluggish due to a substantial decline in new-vehicle sales, while weak sales of switches for smartphones also resulted in lower revenue for precision-machined components overall. - FY2020WorsenedAnnual report
「Among precision-machined components, automotive components recorded lower revenue due to declining new-vehicle sales, led by China, and growing uncertainty over the global outlook. Switches also saw stalled growth due to a decline in smartphone models equipped with side switches, resulting in lower revenue for precision-machined components overall.」
Both automotive components and switches for smartphones saw stalled growth, resulting in lower revenue for precision-machined components overall. - FY2020-Q3WorsenedAnnual report
「Among precision-machined components, automotive components recorded lower revenue due to declining new-vehicle sales, led by China, and uncertainty over the global outlook. Switches performed well in China but growth stalled due to a decline in models equipped with side switches, resulting in lower revenue for precision-machined components overall.」
Automotive components recorded lower revenue due to declining new-vehicle sales and other factors, while switches also saw stalled growth, resulting in lower revenue for precision-machined components overall. - FY2020-Q2WorsenedAnnual report
「Among precision-machined components, automotive components remained sluggish due to declining global new-vehicle sales, led by China. Switches performed well in China but growth stalled due to a decline in models equipped with side switches, resulting in lower revenue for precision-machined components overall.」
Automotive components were sluggish due to declining global new-vehicle sales, while switches also saw stalled growth, resulting in lower revenue for precision-machined components overall. - FY2020-Q1WorsenedAnnual report
「Among precision-machined components, automotive components remained sluggish due to declining new-vehicle sales in China and Europe, while sales of switches increased through adoption in new models but did not offset the decline, resulting in lower revenue for precision-machined components overall.」
Sales of switches increased through adoption in new models, but this did not offset weak automotive components, resulting in lower revenue for precision-machined components overall. - FY2019-Q3AdvancedAnnual report
「Among precision-machined components, brake components remained firm, primarily in Japan, supported by growing demand in the automotive market. Switches for smartphones, which had declined substantially the previous year, also recovered, resulting in higher revenue for precision-machined components overall.」
Automotive brake components remained firm, and the recovery in switches for smartphones, which had declined the previous year, resulted in higher revenue for precision-machined components overall. - FY2019-Q2AdvancedAnnual report
「Among precision-machined components, brake components remained firm, primarily in Japan, supported by growing demand in the automotive market. Switches for smartphones, which had declined substantially the previous year, also recovered, resulting in higher revenue for precision-machined components overall.」
Automotive brake components remained firm, while switches for smartphones, which had declined the previous year, also recovered, resulting in higher revenue for precision-machined components overall. - FY2019-Q1AdvancedAnnual report
「Among precision-machined components, brake components remained firm, primarily in Japan, supported by growing demand in the automotive market. Switches for smartphones, which had declined substantially the previous year, also recovered, resulting in higher revenue for precision-machined components overall.」
Automotive brake components remained firm, while switches for smartphones, which had declined the previous year, also recovered, resulting in higher revenue for precision-machined components overall. - FY2018WorsenedAnnual report
「Among precision-machined components, automotive components remained firm in Japan, North America, Europe and China, led by brake components, but switches for smartphones declined substantially, resulting in lower revenue for precision-machined components overall.」
Automotive components remained firm across multiple regions, while a substantial decline in switches for smartphones led to lower revenue for precision-machined components overall. - FY2018-Q3WorsenedAnnual report
「Among precision-machined components, automotive components remained firm in Japan, North America, Europe and China, led by brake components. However, switches for smartphones declined substantially, resulting in lower revenue for precision-machined components overall.」
Automotive components remained firm across multiple regions, while a substantial decline in switches for smartphones resulted in lower revenue for precision-machined components overall. - FY2018-Q2AdvancedAnnual report
「Among precision-machined components, automotive components remained firm, led by sales to Europe and China amid a clear slowdown in North American markets, while new orders in Japan also contributed to overall performance.」
Automotive components remained firm in Europe and China, while new orders were also secured domestically. - FY2018-Q1AdvancedAnnual report
「Among precision-machined components, automotive components remained firm, led by sales to Europe and China amid a clear slowdown in North American markets, while new orders in Japan also contributed to overall performance.」
Automotive components remained firm in Europe and China, while new orders were also secured in Japan. - FY2017-Q3RestatedAnnual report
「We aim to expand our small precision components business and compete successfully in global niche markets by leveraging our strengths in metal-component and brittle-material processing technologies.」
The company reiterated its policy of expanding the small precision components business in global niche markets. - FY2017-Q2AdvancedAnnual report
「Among precision-machined components, automotive components saw sluggish new-vehicle sales in Japan and the United States, but new orders grew steadily both domestically and overseas. Sales of switches for smartphones increased, primarily among Chinese customers, as the company maintained its technological advantage.」
For small precision components, the company reported expanded new orders for automotive components in Japan and overseas, along with higher sales of switches for smartphones. - FY2017-Q1AdvancedAnnual report
「Among precision-machined components, automotive components continued to see challenging domestic new-vehicle sales, but new orders grew steadily in Japan and expanded overseas as well.」
The company reported expanded new orders for automotive components in both Japan and overseas as part of the small precision components business. - FY2016First statedAnnual report
「We aim to expand our small precision components business and compete successfully in global niche markets by leveraging our strengths in metal-component and brittle-material processing technologies.」
The policy is to expand the small precision components business by leveraging metal-component and brittle-material processing technologies.