Launching New Businesses Including Factory IoT

「In the Other business, consulting related to on-site improvements in Japan and overseas, and training projects from overseas companies and educational institutions increased.」

「Projects involving on-site guidance for overseas local companies and factory start-up support projects increased.」

「In Other Businesses, consulting projects related to shop-floor improvement in Japan and overseas, as well as training projects from overseas companies and educational institutions, increased. In addition to developing AI solutions to improve productivity, factory start-up support projects, including system upgrades to promote digital transformation, also increased.」

「In addition to developing AI solutions to improve productivity, consulting projects for factory start-up support for customers seeking to bring production back to Japan increased.」

「In Other Businesses, consulting and training projects related to shop-floor improvement increased, both in Japan and overseas. In addition to developing AI solutions to improve productivity, consulting projects for factory start-up support for customers seeking to bring production back to Japan also increased.」

「In addition to developing AI solutions to improve productivity, consulting projects for factory start-up support for customers seeking to bring production back to Japan increased.」

「Inquiries have also increased from customers seeking to bring production back to Japan regarding consulting support for plant launches.」

「The company is also developing factory start-up support consulting for customers seeking to bring production back to Japan.」

「In addition, in response to demand for new plant installations, we are providing consulting support for plant launches.」

「The worksite improvement consulting business and training tours from overseas continue to be significantly affected by the spread of COVID-19. However, as a result of steadily developing web seminars and remote consulting services, inquiries and requests from Japan and overseas have continued to increase since September, creating conditions in which stable revenue can be expected.」

「In addition, customer acquisition for new businesses such as IT staffing, medical interpreter training services and IMOC-related inventory management and reduction services is progressing, and these businesses have begun to contribute steadily to revenue.」

「In addition, customer acquisition for new businesses such as IT staffing, medical interpreter training services and IMOC-related inventory management and reduction services is progressing, and these businesses have begun to contribute steadily to revenue.」

「We are actively expanding paid web seminars, which have already been conducted for India, Singapore, China, Brazil, the UAE, Georgia and other markets, and plan to expand globally into Indonesia, Malaysia, Thailand and other countries. In addition, customer acquisition for the electronic manual service is progressing, and it has begun to contribute steadily to revenue.」

「The worksite improvement consulting business is developing new offerings including web seminars and web-based consulting guidance, leading to the acquisition of new customers. Efforts to develop electronic manual services are also steadily progressing, with customer acquisition under way.」

「In the consulting business, initiatives in new businesses such as electronic manuals, work process improvement through robotics and RPA improvements in occupational health and safety began to contribute steadily to revenue. As a result, revenue was ¥908 million, up 91.9% from the previous fiscal year, while segment profit was ¥15 million, down 58.2%.」

「In the consulting business, initiatives in new businesses such as electronic manuals, work process improvement through robotics and RPA improvements in occupational health and safety began to contribute steadily to revenue. As a result, revenue was ¥672 million, up 132.7% from the same quarter of the previous year, and segment profit was ¥69 million, up 396.8%.」

「In the Other Businesses segment, the worksite improvement consulting business and training tours from overseas performed well. In the consulting business, initiatives in new businesses such as electronic manuals, work process improvement and RPA improvements in occupational health and safety contributed to revenue. In addition, the consolidation of 平和鉄工所 contributed to the increase in revenue. As a result, revenue was ¥485 million, up 209.8% from the same quarter of the previous year, and segment profit was ¥49 million, compared with a segment loss of ¥5 million in the same quarter of the previous year.」

「By launching a maintenance center staffed by electrical engineers familiar with factory automation and engineers familiar with IT infrastructure, the company will enhance maintenance services in Thailand, where further automation and labor-saving are expected to advance.」

「We aim to improve profitability by strengthening business collaboration through the use of IoT, AI and RPA. Specifically, we will promote outsourcing, including new operations such as further improvements in production efficiency through the systematization of operations, advanced manufacturing through the continuous provision of PDCA measurement data to customers, and the use of IT to manage operations at production sites.」

「Proactive spending on SG&A expenses to support growth in the following fiscal year, including costs associated with expanding staffing for the IoT business and other operations and deploying substantially more engineers and skilled workers nationwide than in the previous year」

「In the Other Businesses segment, inquiries increased not only from Japan but also from overseas for the core worksite improvement consulting business for the manufacturing sector. In particular, we secured orders to provide consulting guidance to the German and Mexican plants of a major Japanese company with production sites around the world. Demand for another core business, training missions to Japan from overseas, is expected to remain firm, with participation recently increasing from Russia, the Middle East and other regions. As a result, revenue was ¥186 million, up 82.4% from the same quarter of the previous year, while the segment recorded a loss of ¥5 million, compared with segment profit of ¥6 million in the same quarter of the previous year, owing to SG&A expenses for the IoT business being incurred ahead of revenue.」

「Segment profit was ¥18 million, down 25.0% year on year, owing to the recognition of upfront costs associated with launching the IoT business as a new business.」