Increasing market penetration and market share for business systems
First written in FY2017-Q4. 14 of 22 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024AdvancedAnnual report
「During the current consolidated fiscal year, new banknotes were issued in July 2024, and replacement and new installation of compatible equipment, including automated payment machines, remained solid, resulting in significant revenue growth.」
By capturing replacement and new installation demand for equipment compatible with the new banknotes, the Business Systems segment generated revenue of ¥28,841 million and operating income of ¥7,023 million. - FY2024-Q3AdvancedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, replacement and new installation of equipment, including automated payment machines compatible with the new banknotes to be issued beginning in July 2024, remained solid, and revenue grew significantly.」
The company captured replacement and new installation demand for equipment compatible with the new banknotes, significantly increasing revenue in the Business Systems segment. - FY2024-Q2AdvancedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, replacement and new installation of equipment, including automated payment machines compatible with the new banknotes to be issued beginning in July 2024, remained solid, and revenue grew significantly.」
The company captured replacement and new installation demand for equipment compatible with the new banknotes, resulting in significant growth in Business Systems segment revenue. - FY2024-Q1AdvancedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, demand became apparent at many facilities for replacing equipment with devices compatible with the new banknotes and for new installations, following the introduction of the invoice system in October 2023 and the start of issuance of new banknotes in July 2024. Sales therefore continued to grow from the previous quarter.」
The invoice system and the issuance of new banknotes in July 2024 brought replacement demand for payment systems and automated payment machines to the fore, driving growth in revenue in the Business Systems segment. - FY2023-Q3Cumulative third-quarter declines in revenue and operating income in the Business Systems segmentAnnual report
「As a result, revenue in the Business Systems segment for the cumulative third quarter of the current consolidated fiscal year was ¥13,811 million, down 3.4% from the same quarter of the previous year, and operating income was ¥1,820 million, down 25.5%.」
While advancing new products, new market initiatives and labor-saving proposals, the Business Systems segment recorded lower revenue and operating income for the cumulative third quarter. - FY2023-Q2Lower revenue and operating income in the Business Systems segmentAnnual report
「As a result, revenue in the Business Systems segment for the cumulative second quarter of the current consolidated fiscal year was ¥9,366 million, down 4.4% from the same quarter of the previous year, and operating income was ¥1,270 million, down 27.6%.」
The Business Systems segment recorded lower revenue and operating income year on year, updating its performance while advancing market penetration and market share expansion. - FY2023-Q1AdvancedAnnual report
「At hospitals and clinics, it is difficult to assign sufficient reception staff because of labor shortages and work-style reforms, while there is also demand for non-face-to-face reception and space savings. We therefore began selling the new, industry-leading compact self-checkout machine "FIT-B for Clinic," which supports diversified payment methods and labor saving. We also developed and began providing "FIT-A," an automated payment machine for veterinary hospitals that addresses issues including excessive staff workloads caused by chronic labor shortages and the need for contactless, non-face-to-face service. We have begun developing new markets where digital transformation has not previously progressed.」
The company is expanding into new markets by beginning sales of the "FIT-B for Clinic" self-checkout machine for hospitals and clinics and providing the "FIT-A" automated payment machine for veterinary hospitals. - FY2022AdvancedAnnual report
「As a result, revenue in the Business Systems segment was ¥19,151 million, up 1.2% year on year, and operating income was ¥3,277 million, up 13.1%.」
The Business Systems segment shifted from the impact of COVID-19 in the previous fiscal year to higher revenue and operating income for the full year. - FY2022-Q3AdvancedAnnual report
「In addition, the high recognition rate of the facial-recognition engine in "Sma-pa Mynatouch" was well received, and we received an order from the Japan Agency for Local Authority Information Systems (J-LIS) for renewal work on facial-recognition software for My Number Card issuance counters.」
The company received an order from J-LIS for renewal work using Mynatouch's recognition technology, expanding its opportunities from products for hospitals to installations for local governments. - FY2022-Q2AdvancedAnnual report
「As a result, revenue in the Business Systems segment for the cumulative second quarter of the current consolidated fiscal year was ¥9,796 million, up 16.6% from the same quarter of the previous year, and operating income was ¥1,753 million, up 48.5%.」
The Business Systems segment recorded year-on-year increases in both revenue and operating income, improving from the previous fiscal year's declines under the impact of COVID-19. - FY2022-Q1AdvancedAnnual report
「As a result, revenue in the Business Systems segment for the cumulative first quarter of the current consolidated fiscal year was ¥4,752 million, up 18.6% from the same quarter of the previous year, and operating income was ¥830 million, up 71.5%.」
In the first quarter, the Business Systems segment recorded year-on-year increases of 18.6% in revenue and 71.5% in operating income, improving from the previous fiscal year's declines in both revenue and operating income. - FY2021Full-year declines in revenue and operating income in the Business Systems segmentAnnual report
「As a result, revenue in the Business Systems segment was ¥18,925 million, down 6.7% year on year, and operating income was ¥2,898 million, down 16.0%.」
While advancing non-face-to-face, contactless solutions and new product development, the segment recorded lower revenue and operating income for the full year because of the impact of COVID-19 on the hotel and travel industries. - FY2021-Q3Lower revenue and operating income in the Business Systems segmentAnnual report
「As a result, revenue in the Business Systems segment for the cumulative third quarter of the current consolidated fiscal year was ¥13,086 million, down 17.5% from the same period of the previous year, and operating income was ¥2,011 million, down 31.7%.」
While advancing the creation of new markets and non-face-to-face, contactless solutions, the Business Systems segment recorded lower revenue and operating income than in the same quarter of the previous year. - FY2021-Q1AdvancedAnnual report
「In the hospital market, online verification of medical insurance eligibility using the My Number Card, an initiative promoted by the Ministry of Health, Labour and Welfare, is scheduled to begin operation in March 2021. As the "Mynatouch" eligibility-verification card reader was selected as one of the recommended devices, we actively pursued proposals and promotional activities targeting small hospitals, including private hospitals, as well as dental practices and dispensing pharmacies that we had previously been unable to approach, working to create a new market.」
"Mynatouch," compatible with online eligibility verification scheduled to begin in March 2021, was selected as a recommended device, and the company began making proposals to small hospitals, dental practices and dispensing pharmacies that had previously been untapped. - FY2020AdvancedAnnual report
「We also began work on initiatives for the future, including the release of "Mynatouch," a facial-recognition card reader compatible with online eligibility verification, an initiative promoted by the Ministry of Health, Labour and Welfare that is scheduled to begin operation in March 2021.」
In the Business Systems segment, the company released a new product compatible with online eligibility verification scheduled to begin in March 2021 and is preparing to address new installation demand. - FY2020-Q3Delays in implementation plans caused by the novel coronavirusAnnual report
「The spread of the novel coronavirus affected the business as the number of visitors to Japan declined, the Tokyo Olympics were postponed, and facilities at customer sites were forced to close following the declaration of a state of emergency. Hospitals were also urgently required to treat patients infected with the novel coronavirus as well as other patients requiring treatment, resulting in delays to the planned installation of equipment originally intended to improve convenience and reduce staffing requirements.」
The company describes the impact on equipment installations for business systems, which failed to progress as planned because of the decline in visitors to Japan, the postponement of the Olympics, facility closures and hospitals' focus on responding to the pandemic. - FY2020-Q2AdvancedAnnual report
「In addition, the amended Installment Sales Act requires payment terminals to be 100% IC-compliant by the end of March 2020, increasing demand for the conversion of payment terminals to IC technology and for replacement automated payment machines. As a result, we were able to increase deliveries of automated payment machines and other products.」
Against the backdrop of the requirement for payment terminals to be 100% IC-compliant by the end of March 2020, deliveries of automated payment machines and other products increased, adding to the company's track record toward greater market penetration and market share. - FY2020-Q1AdvancedAnnual report
「The amended Installment Sales Act requires payment terminals to be 100% IC-compliant by the end of March 2020, increasing demand for the conversion of payment terminals to IC technology and for replacement automated payment machines. As a result, we were able to increase deliveries of automated payment machines and other products.」
The company states that deliveries of automated payment machines and other products increased against the backdrop of the requirement for payment terminals to be 100% IC-compliant by the end of March 2020. - FY2018-Q4RestatedAnnual report
「In the hotel market, demand for hotel management systems, automated payment machines and other products remained high amid growing demand for IT solutions to accommodate the expected further increase in visitors to Japan ahead of the 2020 Tokyo Olympics and to address labor shortages. We therefore continued working to capture customer needs and increase market penetration and market share by launching new products and strengthening consultative sales.」
The company continues to pursue its policy of increasing market penetration and market share for hotel systems and automated payment machines through new product launches and consultative sales. - FY2017RestatedAnnual report
「We continued working to capture customer needs and increase market penetration and market share by launching new products and strengthening consultative sales.」
The company reiterates its goal of increasing market penetration and market share for business systems through new product launches and consultative sales. - FY2018-Q1AdvancedAnnual report
「To acquire new markets, we launched an automated payment machine for clinics and dispensing pharmacies that achieves a smaller footprint, and prepared to launch the next-generation social robot "Unibo" for hotels and hospitals.」
An automated payment machine for clinics and dispensing pharmacies was launched to increase market penetration and market share in the Business Systems segment. - FY2017-Q4First statedAnnual report
「In the hotel market, demand for hotel management systems, automated payment machines and other products remained high amid growing demand for IT solutions to accommodate the expected further increase in visitors to Japan ahead of the 2020 Tokyo Olympics and to address labor shortages. We therefore continued working to capture customer needs and increase market penetration and market share by launching new products and strengthening consultative sales.」
The company has set a target of increasing market penetration and market share for hotel systems and automated payment machines through new product launches and consultative sales.