Automotive Electrification, Autonomous Driving and the Digital Revolution
First written in FY2019. 2 of 3 entries say "Restated". Latest entry: FY2024.
1 other company's latest entry also says "Restated".
- FY2024RestatedAnnual report
「Changes in the industrial structure are expected, including the progress of automotive electrification; growth in the semiconductor market driven by the expansion and sophistication of AI applications in the information and communications fields; expansion of the communications satellite development market, including space; increased demand for air travel against the backdrop of global population growth; and growing demand for renewable clean energy.」
Structural changes in automotive electrification, AI and semiconductors, space and aviation, and clean energy are reaffirmed as growth opportunities. - FY2022RestatedAnnual report
「Electrification is accelerating in the automotive industry, one of our main end markets, and internal-combustion-engine vehicles are expected to peak out in the mid-2020s. In addition, as the digital revolution accelerates, the semiconductor industry supporting digitalisation, including information and communications, is expected to continue growing sustainably.」
The structural changes in the business environment, namely automotive electrification, the peak-out of internal-combustion-engine vehicles and growth in the semiconductor industry, are reaffirmed. - FY2019First statedAnnual report
「The automotive industry is on the brink of once-in-a-century technological innovation, including the diversification of powertrains through electrification and other technologies, autonomous driving and connected vehicles. At the same time, a digital revolution driven by big data, AI (artificial intelligence) and IoT (the Internet of Things) is advancing and is expected to bring transformation across a wide range of industries.」
This is the first time electrification, autonomous driving and connected vehicles in the automotive industry, together with the digital revolution driven by AI and IoT, have been organised as structural trends changing the business environment.