Reorganization of the Product Inspection Business into the Industrial Solutions Business
First written in FY2016. 8 of 29 entries say "Restated". Latest entry: FY2025-H1.
No other company in this theme has enough history to compare yet.
- FY2025-H1AchievedAnnual report
「In addition, following the termination of test media production and related services as of the end of March 2024, the Industrial Solutions business was discontinued as a reporting segment from the current interim consolidated accounting period.」
Following the termination of test media production and related services, which had been central to the Industrial Solutions business, the reporting segment itself was discontinued. - FY2024-Q3Test media sales exceeded the previous year's level under the decision to terminate the businessAnnual report
「As stated in the notice regarding the termination of test media production and related services announced on 20 July 2023, we will terminate test media production and related services as of the end of March 2024. Following this announcement, test media sales exceeded revenue in the same quarter of the previous year. As a result, revenue from the Industrial Solutions business was ¥48 million, up 65.0% year on year.」
Under the policy of terminating test media production and related services, sales toward the termination deadline rose 65.0% year on year. This was a temporary increase associated with the termination, not business expansion. - FY2024-Q2Temporary increase in test media sales following the decision to terminate the businessAnnual report
「As stated in the notice regarding the termination of test media production and related services announced on 20 July 2023, we will terminate test media production and related services as of the end of March 2024. Following this announcement, test media sales slightly exceeded revenue in the same quarter of the previous year.」
Sales toward the termination deadline slightly exceeded the previous year's level under the policy of ending test media operations. This reflected the termination of the business, not an expansion. - FY2024-Q1SoftenedAnnual report
「As stated in the notice regarding the termination of test media production and related services announced on 20 July 2023, we decided to terminate test media production and related services as of the end of March 2024.」
The termination of test media production and related services, which had been central to the Industrial Solutions business, was decided for the end of March 2024, moving the business toward a narrower scope. - FY2023WorsenedAnnual report
「Due to the decline in test media usage, sales to manufacturers of automotive equipment, including car audio and car navigation systems, our major customers, fell below both the revenue recorded in the same period of the previous year and the current-period plan. Demand also declined in the AV equipment and PC markets, as the shift away from optical discs to other media continued. As a result, revenue from the Industrial Solutions business was ¥36 million, down 32.4% year on year.」
As the shift to media other than optical discs and the decline in test media usage continued, revenue from the Industrial Solutions business fell 32.4% year on year. - FY2023-Q3WorsenedAnnual report
「Due to the decline in test media usage, sales to manufacturers of automotive equipment, including car audio and car navigation systems, our major customers, fell below the revenue recorded in the same quarter of the previous year. Demand also declined in the AV equipment and PC markets, as the shift away from optical discs to other media continued. As a result, revenue from the Industrial Solutions business was ¥29 million, down 22.6% year on year.」
As the decline in test media usage and the shift to alternative media continued, revenue from the Industrial Solutions business fell 22.6% year on year. - FY2023-Q2WorsenedAnnual report
「Sales to manufacturers of in-vehicle equipment, including car audio and car navigation systems, the main customers, fell below the same quarter of the previous year due in part to lower use of test media. Demand also declined in the AV equipment and PC markets as the shift to media other than optical discs continued. As a result, Industrial Solutions Business revenue was ¥21 million, down 15.9% year on year.」
As the decline in test media usage for automotive equipment and the shift to alternative media continued, revenue from the Industrial Solutions business fell 15.9% year on year. - FY2023-Q1WorsenedAnnual report
「Sales to manufacturers of in-vehicle equipment, including car audio and car navigation systems, the main customers, fell below the same quarter of the previous year due in part to lower use of test media. Demand also declined in the AV equipment and PC markets as the shift to media other than optical discs continued. As a result, Industrial Solutions Business revenue was ¥12 million, down 0.5% year on year.」
Lower use of test media and the shift to alternative media continued, and the Industrial Solutions Business posted a 0.5% year-on-year decline in revenue. - FY2022WorsenedAnnual report
「As a result, Industrial Solutions Business revenue was ¥53 million, down 15.6% year on year.」
While continuing its policy of efficient operations and profit maximization, business revenue fell 15.6% year on year due to lower use of test media and the shift to media other than optical discs. - FY2022-Q3Decline widenedAnnual report
「Sales to manufacturers of in-vehicle equipment, including car audio and car navigation systems, the main customers, fell below both the same quarter of the previous year and the plan for the current quarter due in part to lower use of test media. Demand also declined in the AV equipment and PC markets as the shift to media other than optical discs continued. As a result, Industrial Solutions Business revenue was ¥38 million, down 18.9% year on year.」
While continuing its policy of addressing high-value-added discs and other products, business revenue fell 18.9% year on year due to lower use of test media and the shift to alternative media. - FY2022-Q2The decline in business revenue widened.Annual report
「Sales to manufacturers of in-vehicle equipment, including car audio and car navigation systems, the main customers, fell below the same quarter of the previous year due in part to lower use of test media. Demand also declined in the AV equipment and PC markets as the shift to media other than optical discs continued. As a result, Industrial Solutions Business revenue was ¥25 million, down 15.2% year on year.」
While continuing its policy of efficient operations, business revenue fell 15.2% year on year as sales to in-vehicle equipment manufacturers and demand in the AV and PC markets declined. - FY2022-Q1Business revenue declined while the policy of efficient operations continued.Annual report
「Sales to manufacturers of in-vehicle equipment, including car audio and car navigation systems, the main customers, fell below the same quarter of the previous year due in part to lower use of test media. Demand also declined in the AV equipment and PC markets as the shift to media other than optical discs continued. As a result, Industrial Solutions Business revenue was ¥12 million, down 11.8% year on year.」
Lower use of test media and the shift to alternative media continued, and Industrial Solutions Business revenue fell 11.8% year on year. - FY2021Business revenue declined amid continued efficient operations.Annual report
「Sales to manufacturers of in-vehicle equipment, including car audio and car navigation systems, the main customers, fell below the same period of the previous year due in part to lower use of test media. Demand also declined in the AV equipment and PC markets as the shift to media other than optical discs continued. As a result, Industrial Solutions Business revenue was ¥63 million, down 18.7% year on year.」
While maintaining its policy of efficient operations, business revenue fell 18.7% year on year due to lower use of test media for in-vehicle equipment and the shift to alternative media. - FY2021-Q3Continued revenue decline due to lower demand for test media and the shift to alternative mediaAnnual report
「Sales to manufacturers of in-vehicle equipment, including car audio and car navigation systems, the main customers, fell short of plan due in part to lower use of test media. Demand also declined in the AV equipment and PC markets as the shift to media other than optical discs continued. As a result, Industrial Solutions Business revenue was ¥47 million, down 25.1% year on year.」
The shortfall in planned sales to in-vehicle equipment manufacturers and the decline in demand caused by the shift to alternative media in the AV and PC markets continued, and business revenue fell 25.1% year on year. - FY2021-Q2Business revenue declined due to lower use of test media and the shift to alternative media.Annual report
「Sales to manufacturers of in-vehicle equipment, including car audio and car navigation systems, the main customers, fell short of plan due in part to lower use of test media. Demand also declined in the AV equipment and PC markets as the shift to media other than optical discs continued. As a result, Industrial Solutions Business revenue was ¥29 million, down 32.3% year on year.」
While continuing its policy of addressing high-value-added discs and other products, business revenue fell 32.3% year on year due to sales to in-vehicle equipment manufacturers falling short of plan and the shift to alternative media in the AV and PC markets. - FY2021-Q1Continued decline in business revenueAnnual report
「Sales to manufacturers of in-vehicle equipment, including car audio and car navigation systems, the main customers, fell short of plan due in part to lower use of test media. Demand also declined in the AV equipment and PC markets as the shift to media other than optical discs continued. As a result, Industrial Solutions Business revenue was ¥13 million, down 35.2% year on year.」
While maintaining its policy of efficient operations and shifting toward high-value-added discs, business revenue fell 35.2% year on year due to lower sales to in-vehicle equipment manufacturers and declining demand in the AV and PC markets. - FY2020Business revenue declined despite continued efficient operations.Annual report
「The Industrial Solutions Business will pursue efficient operations suited to the market size and focus on maximizing profit.」
While continuing its policy of efficient operations after withdrawing from visual inspection equipment, the business generated revenue of ¥78 million, down 40.1% year on year. - FY2020-Q3RestatedAnnual report
「The Industrial Solutions Business remained sluggish, and sales fell below those of the same quarter of the previous year.」
After withdrawing from visual inspection equipment, the Industrial Solutions Business has continued with a business structure centered on Test Media and Testing. - FY2020-Q2RestatedAnnual report
「The company will pursue efficient operations suited to the market size and focus on maximizing profit by shifting toward expanded sales of high-value-added discs, including custom products and BD.」
The Industrial Solutions Business has continued to operate efficiently and shift toward high-value-added discs such as custom products and BD. - FY2020-Q1RestatedAnnual report
「The company will pursue efficient operations suited to the market size and focus on maximizing profit by shifting toward expanded sales of high-value-added discs, including custom products and BD.」
The business after withdrawal from visual inspection equipment has continued to operate efficiently and shift toward high-value-added discs such as custom products and BD. - FY2019RestatedAnnual report
「The company will pursue efficient operations suited to the market size and focus on maximizing profit by shifting toward expanded sales of high-value-added discs, including custom products and BD.」
After withdrawing from visual inspection equipment, the Industrial Solutions Business has continued to operate efficiently and shift toward high-value-added discs such as custom products and BD. - FY2019-Q2RestatedAnnual report
「The business comprises Test Media, which develops, manufactures and sells test discs for standards and adjustment for audio and video equipment, computer peripherals and other products, and Testing, which provides outsourced characteristic testing for various discs.」
After withdrawing from visual inspection equipment, the Industrial Solutions Business has continued as a business comprising Test Media and Testing. - FY2019-Q1ReframedAnnual report
「The company will pursue efficient operations suited to the market size and focus on maximizing profit by shifting toward expanded sales of high-value-added discs, including custom products and BD.」
The business strategy after withdrawing from visual inspection equipment was reorganized around efficient operations in Test Media and Testing and a shift in focus toward high-value-added discs such as custom products and BD. - FY2018-Q3RestatedAnnual report
「The company determined that early monetization of its visual inspection equipment business would be difficult because development costs for product improvements and added functions were mounting and establishing a technical support system was taking time, and withdrew from the business effective 29 May 2017.」
The withdrawal from the visual inspection equipment business, which had been an expansion area of the Industrial Solutions Business, continues to be reported. - FY2018-Q1SoftenedAnnual report
「The company determined that early monetization of its visual inspection equipment business would be difficult because development costs for product improvements and added functions were mounting and establishing a technical support system was taking time, and withdrew from the business effective 29 May 2017.」
The company withdrew from the visual inspection equipment business, which had been one of the Industrial Solutions Business's expansion areas, narrowing the scope of its business operations. - FY2017RestatedAnnual report
「The Industrial Solutions Business comprises Test Media, which develops, manufactures and sells test discs for standards and adjustment for audio and video equipment, computer peripherals and other products; Inspection Equipment, which develops and sells inspection equipment and other products using image-recognition technology and provides inspection services; and Testing, which provides outsourced characteristic testing for various discs.」
The renamed Industrial Solutions Business has continued for the full year as a business segment comprising Test Media, Inspection Equipment and Testing. - FY2017-Q3RestatedAnnual report
「From the cumulative first-quarter consolidated period, the Product Inspection Business changed its name to the Industrial Solutions Business.」
From the first quarter, the renamed Industrial Solutions Business has continued as a reported segment. - FY2017-Q1AdvancedAnnual report
「From the first quarter of the consolidated fiscal year, the Product Inspection Business changed its name to the Industrial Solutions Business and began operations under the new name.」
The change in the business name was reflected in the reported segments from the first quarter, and operations began as the Industrial Solutions Business. - FY2016ReframedAnnual report
「The Product Inspection Business changed its name to the Industrial Solutions Business and is seeking to expand its business scope into industrial equipment and peripheral equipment. It will develop its business starting with the development and sale of inspection equipment and other products using image-recognition technology, as well as outsourced inspection services, rather than focusing solely on test discs.」
The business name and scope centered on test media are being redefined as a solutions business for industrial equipment and related areas.