Won a new order for lightweight resin body components
First written in FY2016. 14 of 22 entries say "Advanced", first in FY2019. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「For the consolidated results for the fiscal year, revenue decreased by ¥2,855 million, or 1.7%, from the previous fiscal year to ¥165,706 million. This reflected an increase due to higher customer production volumes in the US and new orders for exterior components, more than offset by lower production volumes in Japan, Mexico and Thailand.」
New orders for exterior components contributed to higher US revenue in the full-year results, and the conversion of new orders and resin exterior components into revenue continues. - FY2026-H1AdvancedAnnual report
「Revenue increased by ¥1,920 million, or 8.2%, year on year to ¥25,203 million, due to higher customer production volumes in the US and new orders for exterior components.」
New orders for resin exterior components have been confirmed together with higher revenue, indicating that efforts to win new orders have progressed to the revenue-generation stage. - FY2025AdvancedAnnual report
「This led to orders for new products using the world's first light-transmitting decorative technology and high-voltage busbars for electric vehicles.」
Regarding new orders and next-generation products, the Company reported the concrete results of orders for new products using light-transmitting decorative technology and high-voltage busbars for electric vehicles. - FY2024AdvancedAnnual report
「In research and development and the product segment, the Company advanced product development using recycled materials to establish a resin recycling cycle, further lightweight products such as tailgates, and preparations for mass production of busbars and other products compatible with electric vehicles.」
The response to new and next-generation products progressed to product development using recycled materials, lightweighting of tailgates and preparations for mass production of busbars for electric vehicles. - FY2023AdvancedAnnual report
「In the product segment, the Company pursued new value in instrument panels, developed next-generation light-transmitting decorative surfaces and advanced the mass production of busbars compatible with electric vehicles.」
Progress is being made in responding to new products, including the mass production of busbars compatible with electric vehicles. - FY2023-Q3AdvancedAnnual report
「(Central and North America) In Central and North America, revenue increased by ¥7,407 million, or 69.5%, year on year to ¥18,061 million, reflecting the start-up of the new US plant, higher mold sales and the impact of yen translation.」
Following the start-up of the new US plant, revenue in Central and North America increased 69.5% year on year, accompanied by higher mold sales. Revenue generation from next-generation products through the new plant is progressing, but the region recorded a loss of ¥2,544 million. - FY2023-Q2AdvancedAnnual report
「In Central and North America, revenue increased by ¥3,851 million, or 53.8%, year on year to ¥11,016 million, reflecting the start-up of the new US plant, higher mold sales and the impact of yen translation.」
Following the start-up of the new US plant, revenue in Central and North America increased 53.8% year on year, accompanied by higher mold sales. Revenue generation from next-generation products through the new plant is progressing, but the region recorded a loss of ¥2,078 million due to preparation costs and other factors. - FY2023-Q1AdvancedAnnual report
「(Central and North America) In Central and North America, revenue increased by ¥2,608 million, or 68.6%, year on year to ¥6,413 million, reflecting the start-up of the new US plant, higher mold sales and the impact of yen translation.」
Following the start-up of the new US plant, revenue in North America increased 68.6% year on year to ¥6,413 million, and higher mold sales were also confirmed. However, Central and North America recorded a loss of ¥1,493 million due to costs related to preparations for full-scale operations and other factors. - 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.」
For resin tailgates, the Company has achieved a weight reduction of approximately 30% versus steel and lower costs, while expanding adoption from kei and small vehicles to passenger cars. - FY2022-Q3AdvancedAnnual report
「Specific initiatives included starting mass production at the new plant in Alabama, USA.」
The new US plant related to winning new orders and responding to next-generation products has progressed to the start-up phase for mass production. The text does not specify the mass-produced items or the value of new orders. - FY2021RestatedAnnual 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 back doors using in-house blended resin materials and proprietary molding processes. In addition to kei and small vehicles, the Company is currently working to improve functionality and added value and reduce costs in order to expand adoption across additional vehicle models.」
The Company reconfirmed its track record of achieving a weight reduction of approximately 30% versus steel and lower costs with resin components, and continues to work toward expanding adoption from kei and small vehicles to additional vehicle models. - FY2020AdvancedAnnual report
「Revenue increased due to factors including higher purchases of components for assembly for new vehicle models, while the number of vehicle models equipped with back doors expanded among small passenger cars in Japan.」
The expansion of vehicle models equipped with back doors has been confirmed in the results, and progress is being made in winning new orders and responding to next-generation products. - FY2020-Q3RestatedAnnual report
「Operating profit decreased by ¥3,730 million, or 35.0%, from the same period of the previous year to ¥6,918 million. Although higher revenue and cost reductions from improvement initiatives contributed positively, profit was affected by costs related to implementing various measures for work-style reform, increased depreciation accompanying the partial start-up of operations at the head office plant, the impact of lower production in Mexico, and costs to launch new vehicle models and other factors.」
The cost impact confirms that the response to the launch of new vehicle models is ongoing. There is no indication that new orders have been won or that preparations for mass production have been completed. - FY2020-Q2RestatedAnnual report
「Although product sales to major customers at the Mexican subsidiary declined, revenue increased by ¥18 million, or 0.2%, from the same period of the previous year to ¥9,402 million due to higher tooling sales accompanying the start of mass production of new products and other factors. Segment profit (loss) was a loss of ¥54 million, compared with segment profit of ¥411 million in the same period of the previous year, due to the impact of lower production in Mexico, costs to launch new vehicle models, preparation costs for the new U.S. plant and other factors.」
The company reaffirmed the increase in tooling sales accompanying the start of mass production of new products. At the same time, the North America segment swung from profit to loss due to lower production in Mexico and costs to launch new vehicle models, so progress and burden coexist in the profitability of its response to new orders and mass production. - FY2020-Q1AdvancedAnnual report
「Although product sales to major customers at the Mexican subsidiary declined, revenue increased by ¥2,672 million, or 59.6%, from the same period of the previous year to ¥7,157 million due to higher tooling sales accompanying the start of mass production of new products.」
Higher tooling sales accompanying the start of mass production of new products were confirmed, indicating that the response to new orders and next-generation products has progressed to the mass-production stage. - FY2019AdvancedAnnual report
「At this new plant, the company plans to produce large plastic automotive parts, such as bumpers and instrument panels, for vehicles manufactured by MTMUS, with the business expected to generate annual revenue of approximately US$190 million.」
Regarding its response to new orders and next-generation products, the company presented a specific plan to produce bumpers and instrument panels at a new U.S. plant and target annual revenue of approximately US$190 million. - FY2019-Q3RestatedAnnual report
「Due to costs associated with preparing new products for mass production and costs related to implementing various measures for work-style reform,」
The company continues to prepare for mass production of new products related to new orders and next-generation product lines. No completion of the start of mass production or acquisition of new orders was stated. - FY2019-Q2RestatedAnnual report
「Preparation for mass production of new products for next-generation product lines of major customers」
The company continues to prepare for mass production of new products related to new orders and next-generation product lines. No completion of new orders or the start of mass production was stated. - FY2017ReframedAnnual report
「To address these issues, we have worked on ① developing operating bases to expand our business in four global regions—Japan, China and South Korea, ASEAN, and Central America and North America—and ② pursuing new orders for functional parts, powertrain parts and interior parts.」
The scope of new orders has been made more specific and expanded from conventional lightweight plastic body parts to functional parts, powertrain parts and interior parts. - FY2016First statedAnnual report
「Recognizing that the high proportion of domestic revenue and significant dependence on specific customers are management issues, our group has worked to address them by ① developing operating bases to expand its business in four global regions—Japan, China and South Korea, ASEAN, and Central America and North America—and ② pursuing new orders for lightweight plastic body parts.」
To address customer dependence and the high proportion of domestic revenue, the company has identified new orders for lightweight plastic body parts as a priority.