Room for further growth in the domestic market for commercial and MaaS vehicles
First written in FY2022. 3 of 5 entries say "Reframed", first in FY2023. Latest entry: 2026-08-13.
No other company in this theme has enough history to compare yet.
- FY2025RestatedAnnual report
「Japan's connected-car market is forecast to expand to US$24.8 billion by 2033.」
The company continues to identify the ¥600 billion potential market for its domestic FO business, Japan's connected-car market and Southeast Asia's automotive telematics market as market opportunities. - FY2023ReframedAnnual report
「The domestic FO business includes a connected-services market for commercial and MaaS vehicles in Japan, which was estimated at ¥13 billion in 2020. R&D investment by individual operators in Japan's connected-car market is forecast at ¥566 billion in 2025. Southeast Asia's automotive telematics market is forecast at US$5.78 billion in 2025.」
The company broadens the scope of its market-opportunity discussion beyond the potential market for its existing domestic FO business to include Japan's connected-car R&D investment market and Southeast Asia's telematics market. - FY2022First statedAnnual report
「Assuming adoption by approximately 20 million commercial and business-use vehicles in Japan, the potential market size for the group's domestic FO business is estimated at approximately ¥600 billion (Note 3).」
The company presents the potential market size as an estimate based on its own assumptions.