Strengthening Non-Powertrain Businesses to Address Rapid EV Adoption
First written in FY2018. 5 of 7 entries say "Advanced", first in FY2019. Latest entry: FY2026.
5 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「At FIC, in addition to technology development involving Group companies and the introduction of new technologies for sealing products using rubber and resins, we are strengthening efforts to commercialise products such as long-length, few-layer CNT (carbon nanotubes) and nanoporous materials that we have been developing. As part of activities aimed at the FIC concept of co-creation, we have participated in the open innovation programme hosted by the Tokyo Metropolitan Government and begun co-creation activities with various startups.」
Through FIC, the company has consolidated its non-powertrain technologies and begun commercialising CNT and nanoporous materials and co-creation activities with startups. - FY2025AdvancedAnnual report
「Although the rapid shift to EVs has shown signs of slowing, we expect the shift to EVs to progress over the medium to long term. To further accelerate our efforts in frontier fields, we opened the Frontier Innovation Center (FIC) in the Tokyo metropolitan area, bringing together technologies previously dispersed across the TPR Group.」
Regarding the strengthening of its non-powertrain operations, the company has established FIC in the Tokyo metropolitan area on the assumption that the shift to EVs will progress over the medium to long term, concentrating the development and commercialisation of rubber and resin composite products, sealing products, CNT and nanoporous materials. - FY2023RestatedAnnual report
「To expand its diversified and new businesses, the company has established medium- to long-term targets and is actively expanding in priority areas including EV-related products, rubber and resin products, nanomaterials (carbon nanotubes and nanoporous materials), and venture businesses based on future forecasts.」
The company has reaffirmed EV-related products, rubber and resin products, nanomaterials and venture businesses as priority areas for its non-powertrain operations. - FY2022AdvancedAnnual report
「Meanwhile, in response to the rapid shift to EVs, we are also strengthening our efforts in non-powertrain components (diversified products). We are actively introducing new technologies for composite products using resins and rubber to achieve weight reduction, as well as sealing products, while developing an organisation capable of competing with leading companies on product functionality and price and exploring new business fields.」
The company is giving concrete form to its response to the shift to EVs through resin and rubber composite products, sealing products, the introduction of new technologies, its development structure and the exploration of new businesses. - FY2020AdvancedAnnual report
「In developing new businesses, accelerating expansion into growth areas has become an urgent priority.」
The company has positioned addressing the shift to EVs and the downsizing of internal-combustion engines, by accelerating expansion into growth areas through new businesses, as a challenge under its 23 Medium-Term Management Plan. - FY2019AdvancedAnnual report
「To respond to rapid EV adoption, we are also strengthening initiatives for non-powertrain components. We are actively introducing new technologies into lightweight composite products centered on aluminum and resins and sealing products centered on rubber, while developing capabilities to compete with leading companies on product function and price and exploring new business fields.」
As measures to address the shift to EVs, the company is giving concrete form to non-powertrain components made of aluminium, resins and rubber, the introduction of new technologies, its development structure and the exploration of new businesses. - FY2018First statedAnnual report
「To respond to rapid EV adoption, we are also strengthening initiatives for non-powertrain components. We are actively introducing new technologies into lightweight composite products centered on aluminum and resins and sealing products centered on rubber, while developing capabilities to compete with leading companies on product function and price and exploring new business fields.」
In response to rapid EV adoption, the Company is strengthening non-powertrain components using aluminum, resins and rubber, along with new technologies, development capabilities and exploration of new businesses.