EV-related business: net sales of ¥100 billion or more and an operating profit margin of 8% or more
First written in FY2022. 5 of 7 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025AdvancedAnnual report
「During the consolidated fiscal year, installation of a pilot line for mass-production technology was completed, and we will continue working to establish our proprietary technology.」
Completion of the pilot line for mass-production technology was disclosed as new progress toward the targets for the EV-related business of net sales of at least ¥100 billion, an operating margin of at least 8% and ¥70 billion of investment over 10 years. - FY2024-Q3AdvancedAnnual report
「Against this business backdrop, our group is working to improve productivity and reliability at manufacturing sites, while steadily advancing toward establishing the EV-related business by securing new orders for EV bodies from various OEMs.」
The company disclosed that it had secured new orders for EV bodies from various OEMs, confirming progress in order intake toward establishing the business. - FY2024-Q2RestatedAnnual report
「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.」
We continue to promote the establishment of the EV-related business as an initiative toward achieving our management targets for the fiscal year ending March 2031. No new progress or updated figures were disclosed for the targets of net sales of at least ¥100 billion and an operating margin of at least 8%. - FY2023AdvancedAnnual report
「We have positioned the establishment of the EV-related business as one of our new management strategies. We are investing ¥70 billion over 10 years in research and development and capital expenditure, while advancing research, development and sales activities with targets of net sales of at least ¥100 billion and an operating margin of at least 8% for the EV-related business.」
The annual report reconfirmed the targets of investing ¥70 billion over 10 years in the EV-related business, generating net sales of at least ¥100 billion and achieving an operating margin of at least 8%. Progress was also made through completion of the motor-core pilot line and orders for EV bodies. - FY2023-Q3AdvancedAnnual report
「In the EV-related business, we also completed installation of a demonstration line for motor cores. Following Tesla in Europe, we have secured a new order for EV body parts from a Chinese manufacturer.」
In the EV-related business, the motor-core pilot line was completed, production for Tesla in Europe began, and new orders were secured from Chinese manufacturers, demonstrating progress in both validation and order intake toward establishing the EV business. - FY2023-Q2AdvancedAnnual report
「In Japan, we have progressed from developing EV-related parts 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 from Tesla, an EV-only automaker, for EV body parts and plan to begin production at our European site.」
For the EV-related business, EV-related parts progressed from development to the demonstration stage, and the order from Tesla for EV body parts and the planned start of production in Europe became more concrete. - FY2022First statedAnnual report
「In addition to investing ¥70 billion over the next 10 years in research and development and capital expenditures, we are advancing research and development activities for the EV-related business with targets of sales of at least ¥100 billion and an operating margin of at least 8%. In the future, we aim to propose sales to automakers and secure orders, initially in China, Europe and North America.」
For the EV-related business, new quantified and time-bound targets were confirmed for the first time: ¥70 billion in research and development and capital expenditures over the next 10 years, sales of at least ¥100 billion and an operating margin of at least 8%. Battery housings, motor cores, sales proposals and smart-factory development were indicated as means of achieving these targets.