Insufficient new product development and technical capabilities
First written in FY2016. 4 of 10 entries say "Restated". Latest entry: FY2026.
DaikyoNishikawa moved to the "Worse" side of this theme in 2026.
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The process of developing and selling new products is complex and uncertain by nature and involves various risks, including the following: ① There is no guarantee that long-term investment and the allocation of resources will lead to the creation of new products or technologies. ② There is no guarantee that new products or technologies will gain customer support and achieve successful sales. ③ Technological advances and market changes may rapidly reduce the value of the company's products.」
The company organizes new product and technology risks into several specific impact channels: recovery of investment, customer acceptance, and obsolescence caused by technological advances and market changes. - FY2025-H1RestatedAnnual report
「We are strengthening marketing activities and product development to win new businesses by leveraging the potential of resin, while advancing materials development to enable a resin recycling cycle for the realization of a sustainable society.」
The company continues product development for new businesses and materials development to enable a resin recycling cycle. No milestones such as completion of new development or product adoption have been disclosed. - FY2024AdvancedAnnual report
「With the aim of establishing a resin recycling cycle, we are pursuing, through industry-government-academia collaboration, technologies to restore the functionality of resin materials used in the market and basic research into resins that are resistant to degradation.」
The company has expanded its efforts to strengthen new product and technology development to include technology for restoring the functionality of used resin, research into resins resistant to degradation, and industry-government-academia collaboration. - FY2023AdvancedAnnual report
「The Company has also completed the basic development of a process that makes use of the lightweight and highly recyclable properties of plant-derived materials, specifically cellulose nanofibers, and has moved on to product development.」
For new product development using resin materials and molding technologies, the company has completed the basic development of a cellulose nanofiber process and confirmed the transition to product development. - FY2022AdvancedAnnual report
「In exterior components, the Company achieved a weight reduction of approximately 30% compared with steel, together with lower costs, through the development of new resin-based products such as tailgates using in-house blended resin materials and proprietary molding processes. In addition to kei and small vehicles, adoption is being expanded to passenger cars.」
The company has demonstrated a track record of achieving approximately 30% weight reduction and cost reductions through materials development and proprietary molding processes, and is also expanding adoption in passenger vehicles. - FY2021RestatedAnnual report
「In the exterior parts segment, we achieved approximately 30% weight reduction compared with steel, together with cost reductions, through the development of new resin applications such as back doors using in-house blended resin materials and proprietary molding processes.」
The company reconfirms its track record of achieving approximately 30% weight reduction compared with steel and cost reductions in back doors and other products as it strengthens its new product development and technological capabilities. - FY2020AdvancedAnnual report
「In the body parts segment, we are developing new resin applications for back doors, fuel lids and roofs using in-house blended resin materials and proprietary molding processes. These products achieve approximately 30% weight reduction compared with steel while also reducing costs, and have been adopted for kei cars and compact vehicles.」
The company has achieved approximately 30% weight reduction and cost reduction with resin products and has a track record of supplying them for kei cars and compact vehicles. - FY2019RestatedAnnual report
「We are focusing on further strengthening our product development and technological capabilities.」
We continue to strengthen our product development and technological capabilities for weight reduction, cost reduction and proposals for new products. - FY2017RestatedAnnual report
「For resin back doors, among other products, we are developing lightweight products that leverage our materials development and production technologies. To continually provide products sought by customers, we are focusing on further strengthening our product development and technological capabilities by leveraging our world-class technological development capabilities to improve cost competitiveness and product appeal, reduce weight and propose new items.」
In response to the risk of insufficient new product development and technological capabilities, examples including resin back doors are cited, and efforts continue to reduce weight through materials and production technologies, improve cost competitiveness and enhance product appeal. - FY2016First statedAnnual report
「However, if we are unable to respond to changes in market and customer needs, develop attractive new products or provide them in a timely manner, this could impair future growth and profitability and, due to the burden of invested capital, affect our Group’s operating results and other aspects of its performance.」
This indicates that growth and profitability could deteriorate if we are unable to develop and provide new products that address customer needs such as weight reduction and lower prices.