Products
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 FY2020 (Year ended March 31, 2021)
With respect to Energy Infrastructure business, net sales and profit from renewable energy-related products in Japan and underground cables in Japan and abroad remained strong. However, net sales and profit from general-purpose power cables for construction and wholesalers markets declined, because market conditions in Japan were adversely affected by COVID-19, and our subsidiaries in China were affected by delays in the start of construction and a slowdown in logistics due to Stay-at-Home restrictions, etc.
We will promote order-taking activities focusing on securing profits, improve manufacturing and construction capabilities, including securing necessary human resources, and continue to enhance order-taking in our focus markets, including renewable energy segment in Japan, from which demand is expected to further grow.
| 2019/3 | 2020/3 | 2021/3 | |
|---|---|---|---|
| Net sales （Billions of yen） |
108.1 | 114.5 | 100.9 |
| Operating income （Billions of yen） |
-2.4 | 0.1 | -1.9 |