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 FY2022 (Year ended March 31, 2023)

Communications Solutions business recorded an increase in net sales due to strong demand for optical fibers, etc. in North America as well as improved plant productivity, despite certain impact of sales decrease in network-related products in Japan due to reduced production as a result of difficulty in procuring semi-conductors, and sales decrease associated with the Russia-Ukraine situation. Despite continued increases in raw material and fuel prices, profit also increased due to the progress in cost pass-through to cover increased costs, improved product mix, and foreign exchange impacts.
With respect to Communications Solutions business, we will continue to improve the productivity of optical fiber cables in North America, and strive to expand sales of high-value-added products, aiming at increasing net sales. Regarding the networking system business in Latin America where we not only sell products such as optical fiber cables, but also provide total solutions including network design and operations support, and after-sales services, we will accelerate the expansion of this business in North America, Europe, and Asia. Furthermore, while network-related products in Japan are still affected by difficulties in procuring semi-conductors, we will proceed with measures to reduce the impact of the procurement difficulties by securing strategic inventory of semi-conductors, placing pre-orders to satisfy long-term demand, and switching to new models.

  2021/3 2022/3 2023/3
Net sales
(Billions of yen)
158.3 191.3 217.6
Operating income
(Billions of yen)
-0.2 3.8 6.5