Realizing a Truly Global Company and World-Class Leadership through 2020 Vision “G4-20”

「Combining passion and innovation to shape a better future for people, cars and the planet」

「We have formulated the following management philosophy and management vision, which sets out the direction in which we should advance. Under these management policies and this vision, we will achieve the scale and global reach needed to prevail in global competition, pursue advanced technologies suited to safety and the environment, become a world leader as a specialized manufacturer of body and transmission parts, and work to enhance corporate and shareholder value.」

「Against this backdrop, our group worked to secure personnel, respond reliably to fluctuations in customers’ production, and advance the establishment of EV-related businesses and other initiatives toward achieving our management targets for the fiscal year ending March 2031.」

「Against this external backdrop, we have steadily advanced the 4 priority areas of our new management strategy: “addressing the global environment,” “establishing EV-related businesses,” “enhancing workforce diversity” and “transforming existing businesses.” In Japan, EV-related parts have progressed from development to the demonstration stage, while in our existing businesses we are promoting the automation of quality assurance on manufacturing lines. In Europe, we have received an order for EV body parts from Tesla, an EV-only automaker, and plan to begin production at our European facilities.」

「Against this external backdrop, we are advancing the 4 priority areas set out in our new management strategy: “addressing the global environment,” “establishing EV-related businesses,” “enhancing workforce diversity” and “transforming existing businesses.”」

「In May 2021, we established a new management strategy to chart a new course for the future. To accelerate initiatives in the EV field, actively address climate change and achieve further growth, we will accelerate the following activities.」

「Our vision is to “combine passion and innovation to shape a better future for people and cars.” We aim to become a specialized manufacturer of body parts covering everything from development to mass production, and a company that leads automotive manufacturing through environmental and safety performance.」

「For the fiscal year ended March 2018, sales were ¥219,849 million, operating income was ¥14,272 million, ordinary income was ¥14,606 million, and net income attributable to owners of the parent was ¥11,532 million, reflecting, among other factors, improved earnings from the full-scale operation of the Indonesian subsidiary. For the fiscal year ending March 2019, we expect sales and operating income to reach record highs. Our proactive business strategies are beginning to produce results, and we will work to make progress toward achieving sales of ¥300 billion and operating income of ¥20 billion.」

「Against this backdrop, our group launched the Third Mid-Term Management Plan this fiscal year and is advancing the specific development of 3 innovations in technology, sales and human resources to achieve “sustainable growth and evolution.”」

「The Third Mid-Term Plan began in April 2017, covering the fiscal years ending March 2018 through March 2020. We recognize these 3 years as an important period that will provide the foundation for achieving sales of ¥300 billion and operating income of ¥20 billion in 5 years.」

「Since G-TEKT was established in April 2011, we have pursued the following company-wide management priorities based on “G4-20” (G-Four Twenty), our medium- to long-term vision for 2020. We aim to become a truly global company capable of meeting all customer needs, while returning to our roots to build a more competitive manufacturing organization and become a world leader as a specialized manufacturer of body and transmission parts.」