Expansion of production capacity for western Japan orders, body parts and electrification components through the establishment of a new Okayama plant
First written in FY2022. 4 of 7 entries say "Advanced", first in FY2024. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AchievedAnnual report
「With respect to strengthening existing businesses, we have been promoting the establishment of new plants in Japan and China to expand the scale of our body-parts and electrification-parts businesses. Both sites have already commenced operations, and we will now work to maximize production capacity and improve profitability.」
The new plant in Japan, including the Okayama Plant, and the new plant in China have both commenced operations, marking a transition from the construction and start-up phase to maximizing production capacity and improving profitability. - FY2024AdvancedAnnual report
「Okayama Plant (Asakuchi, Okayama Prefecture) J-MAX Land and buildings 2,132 877 Internal funds Borrowings March 2022 December 2024 Expansion and rationalization of production capacity」
Construction of the Okayama Plant is progressing. The planned investment in land and buildings is ¥2,132 million, ¥877 million has already been paid, and completion is scheduled for December 2024. - FY2022First statedAnnual report
「To further strengthen and expand the body parts business and precision and electrification parts business in preparation for growth during the next medium- to long-term period beginning in fiscal 2023, we decided to construct a new plant. Location: Asakuchi, Okayama Prefecture. Site area: approximately 23,000 m². Total floor area: approximately 8,000 m². Major equipment: large transfer presses and large progressive presses. Intended use: manufacturing automotive structural parts and electrification parts. Construction scheduled to begin: January 2023. Completion scheduled: March 2024. Production scheduled to begin: May 2024. Total investment: approximately ¥4.0 billion.」
Based on a resolution of the Board of Directors dated 10 May 2022, the company first formalized its plan to construct a new plant in Asakuchi, Okayama Prefecture. The purpose is to strengthen orders in western Japan and expand production capacity for future growth in body parts and precision and electrification parts.