Wacom 2009 Annual Report Download - page 22

(For the year’s ended March 31)
(For the year’s ended March 31)
(For the year’s ended March 31)
Overview of Business Performance
Wacom Co., Ltd. and Its Subsidiaries
Our results by business sector
’09 33,058
’08 35,843
(Millions of yen)
(Millions of yen)
Sales
Operating
income
ESD Business
DOWN 7.8%
DOWN 22.0%
6,211
’07
’09
7,961
’08
2009
¥33,809
Sales Breakdown by Business
ECS Business 2.2%
751
’09
897
’08
(Millions of yen)
Sales
Operating
income
ECS Business
DOWN 16.3%
49
DOWN 64.9%
’09
140
’08
ESD Business 97.8%
2008
¥36,739
ECS Business 2.4%
ESD Business 97.6%
21
Electronic Systems and Devices (ESD)
business
Global sales of our pen tablets recorded lower sales compared
to the previous fiscal year, due to the significant appreciation of
the Japanese yen, despite its steady distribution.
In the professional graphics segment, total sales decreased
compared to the previous fiscal year, due to the slowdown in
sales of “Inuos3” in 2H, although the new product “Inuos4”
was released and received a high evaluation in March. On the
consumer tablet side, the “Bamboo” series, which was
released in the previous fiscal year, recorded a slight sales
decrease despite the steady distribution achieved by
constantly launching new products. As for LCD tablets, despite
a sharp slowdown in corporate demand, sales kept to the
same level and the volume increased considerably compared
with the previous fiscal year, thanks to the introduction of a
professional LCD tablet “Cintiq 12WX” released in 2007, and
the favorable sales of a new product “DTU-1931”.
With regards to the components business, whose major
customers are Tablet PC manufacturers, our pen-sensor
components experienced drastic changes in the business
environment between 1H and 2H. Although the components
sales of Tablet PCs for consumers expanded until 1H, its result
for the full business year decreased due to the global economic
slowdown, the appreciation of the Japanese yen and the
change of the competitive environment.
As a result, the ESD business sales ended at ¥33.06bn (-7.8%
YoY), and operating profit ¥6.21bn (-22.0% YoY).
Engineering Collaborative Solutions (ECS)
business
ECS released its latest product “ECAD / dio” Ver. 9.0 which
was significantly improved in its operability and functionality in
September as an electronic design segment of the CAD
market. The business provided incentives for existing users to
upgrade, and for other CAD product users to replace their
existing software with “ECAD / dio”. In addition there was
improvement of ECS website and domestic exhibitions.
However, the sales remained at a lower level due to the
remarkable decrease of corporate investments in 2H. For the
PDM market, the business proposed new solutions and
promoted software packages to existing users. However, our
ECS business decided on the cessation of sales activities due
to a remarkable sales decrease.
As a result, the ECS business sales ended at ¥751mn (-16.3%
YoY) and OP ¥49mn (-64.9% YoY).