Lightweighting Solutions for Electric Vehicles and Autonomous Driving Centered on Magnesium Alloys
First written in FY2024. 2 of 5 entries say "Restated". Latest entry: 2026-06-30.
0 other companies' latest entry also says "Restated".
- 2026-06-30RestatedManagement Planning
「We have designated lightweighting solutions centered on magnesium-alloy components as a strategic domain and will pursue growth opportunities.」
The company reiterated its policy of designating lightweighting solutions centered on magnesium-alloy components as a strategic domain. - FY2026RestatedAnnual report
「In addition to lightweighting solutions centered on magnesium alloy parts, we are advancing the supply of precision, high-quality parts to customers seeking to reduce product weight, thereby capturing growth opportunities arising from market expansion accompanying the spread of electric vehicles and other vehicles and the lightweighting of products.」
The policy of providing magnesium-centered lightweighting solutions and precision, high-quality parts under the medium-term management plan for fiscal 2025 through fiscal 2027 is reiterated. - 2026-05-14SoftenedEarnings presentation
「In light of recent demand conditions, we have decided to put on hold for the time being the preparations carried out with a view to producing magnesium-alloy automotive components.」
The company indicated that preparations related to magnesium components for electric vehicles and automobiles would be put on hold for the time being, weakening the previously planned lightweighting initiative for automotive applications. - FY2025RaisedAnnual report
「In addition to lightweighting solutions for electric vehicles centered on magnesium alloy parts, we are advancing the supply of precision, high-quality parts to customers seeking to reduce product weight, thereby capturing growth opportunities arising from market expansion accompanying the spread of electric vehicles and other vehicles and the lightweighting of products.」
The strategy has expanded from lightweighting electric vehicles to supplying precision, high-quality parts to customers seeking lightweight products, including outside the electric-vehicle sector, and this has been incorporated into the medium-term plan for fiscal 2025 through fiscal 2027. - FY2024First statedAnnual report
「As electric vehicles and autonomous-driving technologies are expected to become more widespread globally, the Group has defined its strategic domain as “lightweighting solutions for electric vehicles and autonomous driving centered on magnesium alloys” and seeks to capture market growth opportunities.」
The Group identifies a strategic domain targeting growth markets but does not state specific numerical targets or deadlines.