Establishing technologies for the shift to electric vehicles
First written in FY2018. 1 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2026.
Mitsubishi Steel Mfg. moved to the "Worse" side of this theme in 2026.
The whole theme swung hardest in 2025: 1 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「While the pace of the shift to EVs has slowed, demand for inductors for servers used in AI and data centers is expanding. Going forward, the Company will accelerate development to expand applications for soft magnetic powders, promote wider adoption together with powders for MIM, and seek to expand earnings.」
The technology theme addressing the shift to EVs has been reorganized to encompass diversification and monetization across applications, including inductors for AI and data centers and powders for MIM, rather than focusing solely on EV demand. - FY2023AdvancedAnnual report
「The Company has identified as a key priority the shift away from a product mix centered on components for automotive internal combustion engines and the aggressive expansion of sales of specialty alloy powders, for which demand is expected to grow as the shift to EVs and the development of CASE progress.」
In anticipation of the shift to EVs and the development of CASE, the policy of shifting from a product mix centered on internal combustion engine applications toward specialty alloy powders and other products has become a specific key priority. - FY2018First statedAnnual report
「Amid the tightening of environmental regulations around the world, the Technology Development Center established an EV Project Team to develop technologies capable of supporting the future shift in production toward electric vehicles (EVs).」
In anticipation of tighter environmental regulations and the future shift to EVs, the Company established an EV Project Team at the Technology Development Center and launched a new initiative aimed at establishing the technologies required to respond.