Developing the NXT modular placement machine (2003)
What it replaced was its own success
What made this decision hard is that the machine being replaced was not a failure but a success that had carried the company for more than a decade. The CP series had taken the world on speed, and that success left an expectation inside the company that it would come back. As President Ohara Masayoshi said, no alternative plan had been prepared, and there was ample room for the objections and the harsh judgements to have carried the day. That what pushed back was not a management argument but the enthusiasm of young engineers — as the company’s own history records — says something about how decisions are made here.
Twenty years on, the modular idea is still in the product line: a design philosophy that met resistance became the premise of every main machine that followed. In the year to March 2026 the Robot Solutions segment posted revenue of $1.1B (¥169bn) and segment profit of $212.6M (¥34bn). Set against consolidated revenue of $564.9M (¥61bn) in the year NXT was completed, it shows how far the design thinking behind a single machine series lifted the size of the company.
Revenue and net margin, FY1998–FY2008
Revenue in ¥ bn (bars) and net margin in % (line), for the years around the decision. Shaded columns are FY2003 onwards — after it was taken.
Source: securities reports
Read the full dossier in Japanese →
The Japanese edition carries the complete record of this decision — the situation that forced it, the options weighed, what actually followed, and the sources behind every claim.
Other key decisions at FUJI
Yen amounts are converted at the average rate of each figure’s own year — not today’s rate; the revenue chart is shown in yen. Exchange rates & sources — the full ¥/US$ table →
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