Transition of Large New Device Orders to Mass Production
First written in FY2017. 5 of 7 entries say "Advanced", first in FY2017. Latest entry: FY2020.
The whole theme swung hardest in 2018: 1 of 7 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- FY2020AdvancedAnnual report
「The Company made progress in its business platform in priority markets targeted by its growth strategy, including by beginning to supply film touch sensors for the mobility (automotive and transport equipment) market.」
Following the expansion of large orders and the Devices production base, the company began supplying film touch sensors to the mobility market. - FY2020-Q3AdvancedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, demand for products for the core smartphone and tablet markets remained firm in the first half before entering the peak demand season in the second half. Demand for products for game consoles and industrial terminals (logistics-related) also remained firm. In addition to the effects of measures to strengthen profitability, increased product demand led to higher operating profit.」
Demand for Devices products, including large-scale projects, entered the peak season, while the effects of measures to strengthen profitability also contributed to an increase in operating profit. - FY2018AdvancedAnnual report
「As a result, consolidated net sales for the current consolidated fiscal year totaled ¥123,541 million, up 11.2% year on year, EBITDA was ¥14,444 million, up 32.6%, and segment profit (operating profit) was ¥11,449 million, up 83.9%.」
The Devices business, where preparations for mass production of large orders progressed, recorded full-year sales of ¥123,541 million and segment profit of ¥11,449 million. - FY2017-Q3AdvancedAnnual report
「Under the Fifth Medium-Term Management Plan, which began on 1 April 2015, the group is pursuing growth through the restructuring and optimization of its business portfolio. In addition to continuing to expand business opportunities in the consumer electronics (IT) field, we are accelerating business development in fields such as automotive and medical devices, where stable growth is expected globally. During the cumulative second quarter of the current consolidated fiscal year, demand for large-scale projects in the core Devices business expanded, while demand for products in the automotive and medical device fields, designated as priority areas, remained firm.」
As demand for large-scale projects expanded, the Devices business recorded cumulative sales of ¥55,289 million and segment profit of ¥1,916 million. The expansion in demand following the transition of large new orders to mass production is reflected in performance. - FY2017-Q2AchievedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, demand for tablets and game consoles remained firm. Large new orders also moved into the mass-production phase, but their contribution to performance was limited.」
The planned transition of large new orders into the mass-production phase, as indicated in the FY2017 outlook, was completed. The company noted that their contribution to performance remained limited as of the quarter-end. - FY2017AdvancedAnnual report
「During the current consolidated fiscal year, we expanded the production capacity of Nitech Precision and Technologies Co., Ltd. to handle large-scale projects in Devices, and are constructing the NISSHA Innovation Center KYOTO at the Kyoto head office.」
To handle large-scale projects, the company expanded Devices production capacity and is developing production facilities to support growing demand after the transition to mass production. - FY2017First statedAnnual report
「In the core Devices business, large new orders have moved into the mass-production phase and are expected to drive company-wide performance.」
The company expects to move large new orders into the mass-production phase in the next fiscal year and to drive company-wide performance.