Power Cable, Electric Components for Transmission and Transforming, Industrial Wire & Cable / Electric Equipment Wire & Cable, Electrical Insulating Tape, Power distribution products

Results of operations in 2019 (Years ended March 31)

As for Energy Infrastructure business, while we steadily captured robust demand for underground power cables in Japan, profits were squeezed by the recognition of provision for loss on construction contracts attributable to a strategic order intake for submarine power cables for new energy, as well as the recognition of sales from an unprofitable project accepted in a prior year.
We will increase our order intake related to new energy in the Japanese and other Asian markets, by improving our production and construction capabilities, including securing human resources, and strengthening the production capacity for long/large capacity cables to be used for submarine power cables; and also reinforce our cost competitiveness by utilizing our manufacturing base in China.

  2017 2018 2019
Net sales
(Billions of yen)
95.3 102.1 108.1
Operating income
(Billions of yen)
0.1 -1.6 -2.4