Optical Fiber, Optical Fiber Cable, Metal Communication Cable, Optical Component, Optical Devices, Optical Semiconductor Devices, Fusion Splicer, Industrial Lasers, Network Equipment, Broadband System, Wireless Products

Results of operations in FY2023 (Year ended March 31, 2024)

With respect to Communications Solutions business, while demand for optical fibers and optical components declined due to customer’s reduction in investments and prolonged inventory adjustments, and sales in Latin America declined due to the slowing networking market, the Company has worked on increasing the profit margin through the improvement of the product mix and optimizing selling prices in response to the hike of raw material and fuel prices. However, affected by the sales decrease, it recorded declines in both net sales and profit.
In addition to continuing to further improve the percentage of sales of high-value-added products, we will expand sales of products for FTTx/data centers mainly in the North American market, and strengthen global expansion of networking system that provides a whole package consisting of optical fiber product sales, support in network design/operations, and after-the-sales services, aiming to increase net sales. We will also move ahead with the improvement of the production system in preparation for the recovery of demand for optical fibers and optical components among others.

  2022/3 2023/3 2024/3
Net sales
(Billions of yen)
191.3 217.6 168.0
Operating income
(Billions of yen)
3.8 6.5 -13.0