Declining demand for information appliance manufacturers and weakening earning power of test media
First written in FY2016. 23 of 30 entries say "Worsened", first in FY2017-Q1. Latest entry: FY2024-Q3.
Almedio moved to the "Worse" side of this theme in 2018.
0 other companies' latest entry also says "Other".
- FY2024-Q3Sales Increase Before Discontinuation Coexisting with Structural Decline in DemandAnnual report
「As stated in the Notice of Termination of Test Media Production and Related Services announced on 20 July 2023, production of test media and related services will end on 31 March 2024. Following this announcement, sales of test media exceeded the previous quarter's revenue.」
Sales of test media exceeded the previous year's level following the decision to end the business, but the policy of ending sales has been announced, so this does not indicate that the structural decline in demand in the in-vehicle equipment, AV and PC markets has been eliminated. - FY2024-Q2A slight increase in sales before the business ended coexisted with a structural decline in demand.Annual 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 of test media slightly exceeded the previous year's level following the decision to end the business, but the policy of ending the business has been announced, so this does not indicate that the existing risk of declining demand has been eliminated. - FY2024-Q1WorsenedAnnual report
「Sales to manufacturers of in-vehicle equipment, including car audio and car navigation systems, which are major customers, fell below the same quarter of the previous year due to lower use of test media. In addition, demand declined in the audio and video equipment and PC markets as the shift to media other than optical discs continued to progress. As a result, sales in the Industrial Solutions Business were ¥10 million, down 16.5% from the same quarter of the previous year.」
Lower test media usage by major customers and the shift to alternative media in the AV and PC markets continued, with the segment's deterioration in earnings power reflected in a 16.5% year-on-year revenue decline. - FY2023WorsenedAnnual report
「Due to lower test media usage, sales to major customers, including manufacturers of in-vehicle equipment such as car audio and car navigation systems, fell below both the previous year's revenue and the current year's plan.」
Lower test media usage by major customers was reflected in a full-year year-on-year revenue decline and a shortfall against plan, and the deterioration in earnings power continued. - 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.」
Lower test media usage for in-vehicle equipment and the shift to alternative media in the AV and PC markets continued, with the ongoing deterioration in earnings power reflected in a 22.6% decline in segment revenue. - 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.」
Lower usage of test media for in-vehicle equipment and the shift to alternative media in the AV and PC markets continued, with the decline in demand for test media reflected in a 15.9% year-on-year decline in segment revenue. - FY2023-Q1WorsenedAnnual report
「Sales to major customers, including manufacturers of in-vehicle equipment such as car audio and car navigation systems, fell below the previous year's revenue due to factors including lower test media usage. Demand also declined in the AV equipment and PC markets, as the shift to media other than optical discs continued.」
The decline in sales to manufacturers of in-vehicle equipment and the decline in demand caused by the shift to alternative media in the AV and PC markets continue. - FY2022WorsenedAnnual report
「Sales to major customers, including manufacturers of in-vehicle equipment such as car audio and car navigation systems, fell below both the previous year's revenue and the current year's plan due to factors including lower test media usage. Demand also declined in the AV equipment and PC markets, as the shift to media other than optical discs continued.」
Lower test media usage for in-vehicle equipment and the shift to alternative media in the AV and PC markets continued, and segment revenue was ¥53 million, down 15.6% year on year. - FY2022-Q3WorsenedAnnual 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.」
Lower test media usage for in-vehicle equipment and the shift to alternative media in the AV and PC markets continued, resulting in an 18.9% year-on-year decline in segment revenue. - FY2022-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 ¥25 million, down 15.2% year on year.」
Lower test media usage and the decline in demand caused by the shift to alternative media continued, resulting in a 15.2% year-on-year decline in Industrial Solutions revenue. The contraction in market demand is reflected in the results. - FY2022-Q1WorsenedAnnual report
「Sales to major customers, including manufacturers of in-vehicle equipment such as car audio and car navigation systems, fell below the level of the previous quarter due to factors including lower test media usage. Demand also declined in the AV equipment and PC markets, as the shift to media other than optical discs continued.」
Lower test media usage for in-vehicle equipment and the decline in demand caused by the shift to alternative media in the AV and PC markets continued. - FY2021WorsenedAnnual 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.」
Lower test media usage for in-vehicle equipment and the shift to alternative media in the AV and PC markets continued, and segment revenue declined 18.7% year on year. - FY2021-Q3WorsenedAnnual 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 against plan due to lower test media usage for in-vehicle equipment and the decline in demand caused by the shift to alternative media in the AV and PC markets continued. - FY2021-Q2WorsenedAnnual 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.」
The shortfall against plan due to lower test media usage for in-vehicle equipment continued, and the decline in demand caused by the shift to alternative media in the AV and PC markets also persisted. - FY2021-Q1WorsenedAnnual 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.」
The shortfall against plan due to lower test media usage for in-vehicle equipment continued, while demand in the AV and PC markets also declined as customers shifted to alternative media. - FY2020WorsenedAnnual report
「Sales of test media to major customers, including manufacturers of in-vehicle equipment such as car audio and car navigation systems, fell significantly short of plan due to factors including lower test media usage.」
Lower usage of test media for in-vehicle equipment resulted in a significant shortfall against plan, and Industrial Solutions revenue declined 40.1% year on year. - FY2020-Q3WorsenedAnnual report
「Sales of test media to major customers in the in-vehicle equipment market, including car audio and car navigation systems, fell short of plan due to factors including lower test media usage. As a result, Industrial Solutions revenue was ¥62 million, down 39.7% year on year.」
The shortfall against plan in sales to the in-vehicle equipment market continued, and Industrial Solutions revenue declined 39.7% year on year. - FY2020-Q2WorsenedAnnual report
「Sales of test media to major customers in the in-vehicle equipment market, including car audio and car navigation systems, fell short of plan due to factors including lower test media usage. As a result, Industrial Solutions revenue was ¥44 million, down 37.4% year on year.」
The shortfall against plan due to lower test media usage for in-vehicle equipment continued, and Industrial Solutions revenue declined 37.4% year on year. - FY2020-Q1RestatedAnnual report
「Sales of test media to major customers in the in-vehicle equipment market, including car audio and car navigation systems, fell short of plan due to factors including lower test media usage.」
The shortfall against the sales plan caused by lower test media usage for in-vehicle equipment continues to be reported. - FY2019WorsenedAnnual report
「Sales of test media to major customers in the in-vehicle equipment market, including car audio and car navigation systems, fell short of plan due to factors including lower test media usage.」
In addition to sales to the in-vehicle equipment market falling short of plan, demand in the AV equipment and PC markets declined as customers shifted to alternative media, resulting in a 24.0% year-on-year decline in Industrial Solutions revenue. - FY2019-Q3WorsenedAnnual report
「Sales of test media to major customers in the in-vehicle equipment market, including car audio and car navigation systems, fell short of plan due to factors including lower test media usage.」
Sales to the in-vehicle equipment market continued to fall short of plan due to lower test media usage, and Industrial Solutions revenue declined 19.4% year on year. - FY2019-Q2WorsenedAnnual report
「Sales of test media to major customers in the in-vehicle equipment market, including car audio and car navigation systems, fell short of plan due to factors including lower test media usage. As a result, Industrial Solutions revenue was ¥70 million, down 18.3% year on year.」
Sales to the in-vehicle equipment market fell short of plan due to lower test media usage, and Industrial Solutions revenue also declined 18.3% year on year. - FY2019-Q1WorsenedAnnual report
「Sales of test media to major customers in the in-vehicle equipment market, including car audio and car navigation systems, fell short of plan due to factors including lower test media usage.」
Sales to the in-vehicle equipment market fell short of plan due to lower test media usage, and Industrial Solutions revenue declined 23.1% year on year. - FY2018-Q3WorsenedAnnual report
「Demand for Japanese-brand automobiles in China remained strong from the first quarter of the fiscal year, but in the third quarter the completion of replacement demand in the United States and other factors caused sales of in-vehicle equipment such as car audio and car navigation systems to fall below plan.」
While demand for Japanese-brand automobiles in China remained strong, sales of in-vehicle equipment fell below plan as replacement demand in the United States ran its course. - FY2018-Q1U.S. slowdown coexisting with strong performance in ChinaAnnual report
「Automobile sales in the United States entered an adjustment phase and slowed as replacement demand ran its course, among other factors. However, demand for Japanese-brand automobiles in China remained strong, and demand for in-vehicle equipment such as car audio and car navigation systems remained in line with plan.」
While U.S. automobile sales slowed, demand for Japanese-brand automobiles in China remained strong, and demand for in-vehicle equipment remained in line with plan. - FY2017RestatedAnnual report
「We secured a certain level of sales, centered on the U.S. and Chinese automobile markets, where growth continued, albeit gradually. Meanwhile, in the audio and video equipment and PC markets, demand for test media declined as the shift to media other than optical discs progressed, and overall sales fell below the previous year.」
While demand for automobiles in the United States and China supported a certain level of sales, demand in the audio and video equipment and PC markets continued to decline due to the shift in media. - FY2017-Q3Improvement in demand in some regions coexisting with declines in other marketsAnnual report
「Demand for test media for in-vehicle equipment such as car audio and car navigation systems remained stable, supported by strong automobile sales in China and North America. Meanwhile, in the audio and video equipment and PC markets, demand for test media declined as the shift to media other than optical discs progressed, and sales fell below the same quarter of the previous year.」
While demand for automobiles in China and North America remained stable, demand in the audio and video equipment and PC markets continued to decline as users shifted media, resulting in divergent demand trends by market. - FY2017-Q2WorsenedAnnual report
「Although automobile sales in China remained firm, demand for test media for in-vehicle equipment such as car audio and car navigation systems temporarily declined as the slowdown in U.S. automobile sales became more pronounced.」
While automobile sales in China remained firm, the slowdown in U.S. automobile sales became more pronounced, and demand for test media for in-vehicle equipment temporarily declined. - FY2017-Q1WorsenedAnnual report
「Although automobile demand in the United States and China remained firm, demand for test media for in-vehicle equipment such as car audio and car navigation systems remained sluggish because automobile demand in emerging markets slowed. As a result, sales in the Industrial Solutions Business were ¥58 million, down 37.1% from the same quarter of the previous year.」
The slowdown in automobile demand in emerging markets and sluggish demand for in-vehicle equipment were reported, resulting in a 37.1% year-on-year decline in sales in the Industrial Solutions Business. - FY2016MaterialisedAnnual report
「For in-vehicle equipment such as car audio and car navigation systems, demand for test media remained sluggish despite strong automobile sales in the United States and an increase in China driven by tax cuts, due to the impact of reduced test media usage and other factors.」
Sales in the Product Inspection Business declined 30.3% year on year, with the risks of declining demand and reduced usage reflected in results.