Responding to the Faster-than-Expected Shift to EVs
First written in FY2018-Q3. 5 of 7 entries say "Advanced", first in FY2019. Latest entry: FY2024.
5 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「For hot-forging lubricants, we are developing white lubricants that can replace graphite and contribute to improving the factory working environment. In recent years, as automakers have shifted to EVs and pursued lighter vehicles, aluminum forging, which is expected to provide high strength and lower weight, has increasingly been adopted in the manufacturing processes for undercarriage components. We are therefore also promoting initiatives in aluminum forging, in addition to iron forging.」
To address the shift to EVs and vehicle weight reduction, the company has specified development targets including white lubricants to replace graphite and the aluminum forging field. - FY2023AdvancedAnnual report
「We have completed development of die-casting lubricants that improve the factory environment and quality and productivity through use with a small amount of application. Going forward, we will promote development of new low-application-volume products that can contribute to the shift to EVs and vehicle weight reduction at each automaker.」
The company stated its policy of moving to the next stage, developing new products to address the shift to EVs and vehicle weight reduction at automakers, after completing development of low-application-volume die-casting lubricants. - FY2022AdvancedAnnual report
「Having successfully developed die-casting lubricants usable with a small amount of application that improve the factory environment and quality and productivity, we will promote the rollout of new products to contribute to the shift to EVs and vehicle weight reduction at each automaker.」
After successfully developing low-application-volume die-casting lubricants, the company is moving ahead with the rollout of new products to address the shift to EVs and vehicle weight reduction. - FY2021AdvancedAnnual report
「For die-casting lubricants, we will accelerate efforts to develop products that improve the factory environment and quality and productivity through low-application-volume use, while continuing product development, and to develop new products suited to new components and alloys created by the shift to EVs and vehicle weight reduction.」
The company has specified its policy of accelerating new product development for new components and alloys arising from the shift to EVs and vehicle weight reduction. - FY2020RestatedAnnual report
「For the automotive industry, where further solvent reduction and lower VOC emissions are sought, and the electrical-appliance industry, including air-conditioning filters, we are focusing on developing new products, including reactive hot-melt adhesives that develop heat resistance through cross-linking of the adhesive components after application, achieving heat resistance comparable to that of solvent-based adhesives, and hot-melt adhesives suited to bonding dissimilar materials, which contributes to weight reduction in electric vehicles and other applications.」
The company has reconfirmed its policy of developing hot-melt adhesives for bonding dissimilar materials and reactive hot-melt adhesives to support EV weight reduction and lower VOC emissions. - FY2019AdvancedAnnual report
「For the automotive industry, where further solvent reduction and lower VOC emissions are sought, we are focusing on developing new products, including reactive hot-melt adhesives that develop heat resistance through cross-linking of the adhesive components after application, achieving heat resistance comparable to that of solvent-based adhesives, and hot-melt adhesives suited to bonding dissimilar materials, which contributes to weight reduction in electric vehicles and other applications.」
The company is advancing specific new product development, including hot-melt adhesives for bonding dissimilar materials to support EV weight reduction. - FY2018-Q3First statedAnnual report
「The company is also moving ahead with measures to address the shift to EVs, which is progressing faster than expected.」
The company indicated that the shift to EVs is progressing faster than expected and, for the first time, explicitly stated its policy of moving ahead with measures to address it.