Business

IO Data Device (6916) offer a range of peripheral devices to highlight the excellent support the company provide when customizing the computers of its clients according to their needs and requirements. Since its establishment, I-O DATA DEVICE has steadfastly engaged in years of continuous research involving its original technologies in this field. The company's relentless pursuit of product development is based on the standpoint of the client, which requires the adoption of designs that appeal to the sensibilities of users, as well as the expected attention to functionality and usability. The tremendous commercial success of such a comprehensive approach testifies to its accepted capacity to create added value.1

The development of network companies centered mainly on the Internet cannot be realized in the absence of mutual benefits accruing to both information providers and information recipients. It is, of course, the responsibility of players in the IT industry to efficiently transmit information and reliably ensure the security of such information. Corporate activities undertaken with an unwavering focus on the creation of ubiquitous networks are widely regarded as indispensable for meeting future challenges.

By delivering computer peripherals from its world to each and every one of yours, I-O DATA DEVICE recognizes and seeks to contribute to the increasing levels of diversification and sophistication that render its lives unique. In processing and applying its pool of technological know-how across a broad spectrum of possibilities, the company wish for nothing more than to provide meticulous support that precisely addresses the needs of each individual client. The company's constant mission is to assist clients in making the most of their important data by enabling them to take advantage of its extensive lineup of products that represent the culmination of its technological dreams.

Memory

PC environment is noticeably enhanced by installing I-O DATA high capacity memory devices whether you play and edit video file or enjoy a videogame. The company offer a wide range of memory devices, not only the latest DDR2 and SDRAM, but also eco-friendly RoHS-compatible models.

Flash Memory

Cellular phones and digital cameras are widely used gadgets these days. I-O DATA helps you get a maximum fun of digital technology, whether you store photo images or music data, download data to your computer, or swap data with your friends.  I-O DATA's  products are designed to provide you with high performance and ease of use at the same time.

Network

I-O DATA offers a wide range of advanced network equipment including wireless LAN devices, which are very useful for comfortable PC life, and gigabit Ethernet devices, which will generate ever growing demand by the developing of infrastructure. The company help you build an advanced network environment whether at home or in the office.

Storage

I-O DATA provides simple solutions for storing and managing of crucial data through innovative storage products, which are compatible with the latest interface protocols and media.  I-O DATA offers products which combine ease of use with a high degree of reliability.

Multimedia

Record, watch, edit and create your own video is a key phrase.  Let's enjoy video and music as you would like to.  I-O DATA multimedia products, such as network media player "AVeL LinkPlayer", hard disk recorder "Rec-POT" and TV and video capture products will take you to entertainment beyond the bounds of computer.

LCD

Display is a vital interface between computers and users. The company's liquid crystal displays will change the image of conventional LCD by its utmost beauty.  They are distinguished with superb color reproduction showing visual images in the highest reality, smart and stylish design, and energy-saving "Ecomode" technology to protect the natural environment.


Organization Chart

http://www.iodata.com/en/corporate/img/organization.png

Product Quality

At I-O DATA, the company apply itself  to providing ever-improving quality in every aspect of function and performance, so that customers who insist on quality will choose I-O DATA products.2

Creativity

The company's trademark is the creative flair of its products. The company offer a full lineup of products that could only have been developed by I-O DATA. We’re proud of its development environment, which supports talented engineers in transforming their ideas into tangible form.

Original Environment-Responsive Products

One of its environmental efforts is aggressive “energy conservation design,” not only for new products but also for products customers have already purchased. The company don’t disappoint customers who chose I-O DATA products.

Making computers easier to enjoy

At I-O DATA the company provide products that make computers easier for its customers to enjoy.
Products that can be used anywhere
I-O DATA keeps customer convenience in mind, focusing on making products that can be used anywhere.

Quality

I-O DATA is certified under the ISO 9001 system of international quality standards. I-O DATA products are widely admired for their outstanding quality.

Noise testing

I-O DATA tests all its products in an electro-magnetic darkroom to ensure that the noise they generate is within standard limits. The company also confirm that its products do not interfere with radio and TV reception.

Environmental testing

The company confirm that I-O DATA products run correctly even under fluctuating conditions of temperature and humidity. Using a thermostatic chamber, the company check its products under environments much more punishing than normal conditions.

Evaluation of waveform quality

The company evaluate products to confirm stable operation and compliance with all relevant standards.

Testing with x-ray non-destructive equipment

The company use x-ray non-destructive testing equipment to confirm product structure at the time of product development and the quality of the parts of a product that are not outwardly visible at the time of volume production. In the rare occurrence of a problem, the equipment is used as an analyzer in the effort to quickly resolve the problem.

Testing for hazardous chemical substances

To comply with the European RoHS Directive and other controls on hazardous chemical substances, products are evaluated for hazardous chemical substances using an X-ray fluorescence spectrometer,etc..

Making products customers can use with increasing confidence

Example: In pursuit of data safety the company produced NAS LAN DISK XR series, which significantly reduces data loss and is compatible with RAID 6. Because the likelihood of failure of the power supply component tends to increase over time, the company concentrate on improving quality by applying the expertise IO Data Device has acquired over many years to the design and manufacturing of these components in Japan. And in order to ensure thorough quality management, the company perform aging tests at the final stage when products are assembled and ready for shipping.


Financials

During the current consolidated fiscal year, the Japanese economy was on a moderate recovery track on the back of overall robust corporate performance and consumption trends. However, uncertainty about the outlook of the Japanese economy persisted due to concerns over the global situation. The domestic digital equipment market including PCs, consumer electronics, and smart devices, in which its group participates, remained robust, driven by a rise in corporate IT investment due to factors such as the promotion of working style reforms and renewal demand for PCs. Under these circumstances, IO Data Device has been working to respond to the rising demand from corporate customers through the expansion of products and services and actively capture new growth opportunities such as those of new 4K satellite broadcasting which started in December 2018, and esports which is gaining attention. As a result, sales remained strong mainly for liquid crystal monitor and custom order products as well as the products division, and the company posted group sales of 59,223 million yen (up 6.8% from the previous year). In terms of profit, gross profit struggled to grow due to price competition of hard disk drives and the recording of loss on valuation of inventories of 369 million yen for excess inventories of wireless LAN routers, which were previously determined to be carried in stock for the future in light of increased inquiries from customers at the beginning of the fiscal year and on the back of difficulties in procuring certain electronic parts at that time, but for which excess was incurred subsequently due to the outcome of orders. On the other hand, selling, general and administrative expenses increased due to factors such as increased logistics costs as a result of increased sales and active investment in research and development and facilities. As a result, the company posted operating income of 2,230 million yen (down 24.9% from the previous year), and ordinary income of 2,172 million yen (down 27.9% from the previous year). Meanwhile, the company posted net income attributable to owners of parent of 2,085 million yen (up 0.9% from the previous year) due to reduced income taxes owing to additional recording of deferred tax assets as a result of consideration of the recoverability of deferred tax assets based on the performance trends in recent years.3

Outlook for the Next Fiscal Year

Looking at the future business environment, the economy is expected to continue in a moderate recovery trend, backed by improvements in the employment situation and steady domestic demand. However, the outlook is unpredictable due to the effects of the consumption tax rate hike, concerns over trends of the global situation and other factors. In the digital equipment market including PCs, consumer electronics, and smart devices, in which its group participates, growth of main units of PCs cannot be expected. However, day-to-day progress of society is promoted through corporate IT investment aimed at improving productivity, progress in the utilization of ICT in the education field, and the emergence of new services such as AI and IoT. Under these circumstances, IO Data Device is aiming for steady growth that is less affected by the shipping trends of the main units of PCs through customer-oriented flexible proposition, keeping an eye on changes in the digitized society. In its efforts to achieve these goals, the company will further enhance each of its product lineup as well as accelerate the development of attractive services and solutions through the fusion of its long accumulated technologies and a network of partnerships, aiming to provide value to a wide range of customers by striving to expand into advanced fields while maintaining declining fields. Through enhancing customer-based sales and marketing based on business, region and other market characteristics, as well as support structures, the company will ensure a stable and long-term relationship with its customers. In terms of the consolidated business results forecast for the next fiscal year, the company expect to achieve group sales of 62,000 million yen (up 4.7% from the previous year) in anticipation of growth in the esports-related market and a rise in demand for large monitors in companies and the education field. In terms of profit, the company forecast gross profit of 11,500 million yen (up 6.6% from the previous year, with an increase of 0.3 percentage point in profit ratio) based on the assumption that the current market trends will continue, though significant changes in the market trends of main parts mainly for semiconductors and liquid crystal panels may occur, depending on the future development of trade conflicts. In addition, in anticipation of higher logistics costs due to increased sales, an increase in research and development costs and advertising expenses associated with the development of new markets, etc., IO Data Device is planning selling, general and administrative expenses of 9,050 million yen (up 5.7% from the previous year). Consequently, IO Data Device is forecasting operating income of 2,450 million yen (up 9.9% from the previous year). Taking into account other income and other expenses that are expected to occur on an ongoing basis in view of the historical levels of its business results, IO Data Device is forecasting ordinary income of 2,450 million yen (up 12.8% from the previous year). As a result, net income attributable to owners of parent for the current consolidated fiscal year after the deduction of 750 million yen of tax expenses, is forecast at 1,700 million yen (down 18.5% from the previous year).

References

  1. ^ http://www.iodata.com/en/corporate/prospectus.htm
  2. ^ http://www.iodata.com/en/insistence/index.htm
  3. ^ http://www.iodata.com/en/ir/annual_report_44th.pdf
Tags: JP:6916 Japan
Created by Asif Farooqui on 2020/02/03 08:10
     
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