Strengthening Global Management and Advancing Self-Sufficiency in Overseas Regions
First written in FY2016. 6 of 8 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2022.
The whole theme swung hardest in 2021: 1 of 6 companies on the "Worse" side.
6 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「In April 2022, we reorganized the development and research facilities located in North America (Detroit), Europe (Munich) and China (Shanghai) into sales and engineering facilities integrating sales, technical and development functions.」
The overseas facilities' market intelligence functions were reorganized into sales and engineering facilities integrating sales, technical and development functions, giving concrete form to a structure for regional self-reliance and response to local needs. - FY2020AdvancedAnnual report
「We are working to understand market needs by consolidating information collected by development and research facilities in North America, Europe and China at G-TEKT Tokyo Lab, the core research and development facility of the Group.」
The company explicitly states that information from development and research facilities in each region is consolidated at Tokyo Lab, giving concrete form to coordination between the information-gathering functions of overseas facilities and Japan's core facility. - FY2018AdvancedAnnual report
「In China, the newly established research office in Shanghai, the G-TEKT Shanghai Representative Office, began operations. In addition, a new plant was constructed in Changsha, Hunan Province, to expand capacity in response to increased orders from Japanese automakers. Going forward, the company will promote market development in China by using information on local needs and market research findings collected by the Shanghai research office, together with its advanced lightweight, high-strength bodies and brand image.」
The Shanghai research office began operations, and the company moved to the stage of using the information it collects to develop the market. Construction of the new plant in Changsha is also described as completed, giving concrete form to an autonomous approach to the Chinese market. - FY2018-Q3AdvancedAnnual report
「In China, now the world's largest automotive market, we established the G-TEKT Shanghai Representative Office (GSR) in Shanghai as a research office whose primary mission is to study local needs and market conditions. At the same time, we are constructing the company's fifth plant in China to accommodate increased orders from customers, with operations scheduled to begin in April 2018. We will seek to expand business in the Chinese market by leveraging mass-production technology for aluminum bodies, which is more advanced in Europe, together with information collected by the Shanghai research office.」
The Shanghai research office was established, and the company moved to the stage of combining the information it collects with aluminum-body mass-production technology to expand business in the Chinese market. - FY2018-Q2AdvancedAnnual report
「In China, based on market research conducted by the newly established Shanghai research office, we will seek to expand business by using mass-production technology for aluminum bodies, which is more advanced in Europe, as a new competitive strength.」
Progressing beyond the previous decision to establish the facility, the Shanghai research office is now described as newly established, and the company has moved to the stage of using market research to expand business. - FY2018-Q1AdvancedAnnual report
「As part of these initiatives, we decided to establish a research facility in Shanghai to conduct market research on the demand for vehicle electrification in China and trends among automakers.」
The decision to establish a Shanghai research facility to study demand for vehicle electrification in China and trends among automakers gave concrete form to the market intelligence function in overseas regions. - FY2017RestatedAnnual report
「While promoting the independence of each overseas operation, we will share global strategies between Japan and local operations and pursue sustainable growth and evolution.」
The company identifies the self-reliance of overseas facilities and the continued sharing of global strategies between Japan and local operations as ongoing initiatives. - FY2016First statedAnnual report
「We have promoted self-reliance in each overseas region by strengthening sensor functions, such as understanding local customer needs and gathering information on management resources available locally, as well as strengthening local development capabilities.」
Building regional self-reliance by understanding local needs and management resources and strengthening local development capabilities.