Structural reform of the driveshaft business and development of the world’s No. 1 product
First written in FY2017-Q1. 13 of 19 entries say "Advanced", first in FY2017. Latest entry: 2026-08-04.
No other company in this theme has enough history to compare yet.
- FY2026-H1AdvancedAnnual report
「② CVJ Axle Business Due to lower customer demand and the impact of foreign exchange rates, revenue was ¥234,595 million, down 4.6% year on year. Although operating income was affected by lower sales volume and foreign exchange rates, reductions in variable costs and expenses resulted in operating income of ¥8,311 million, up 151.0% year on year.」
Although the CVJ Axle Business reported lower revenue, operating income increased 151.0% year on year through reductions in variable costs and expenses, demonstrating the earnings improvement achieved through business structural reform. - FY2025AdvancedAnnual report
「To strengthen the profit structure of the CVJ and axle-bearing businesses, the Company has already moved into the execution phase for restructuring plans, including plant consolidation and closure in Europe, China and Canada, and will begin execution in the United States from fiscal 2025. For new products, mass production of the CFJ, a high-efficiency fixed-type constant-velocity joint, has also started in Europe, and the Company is working to reduce costs in order to further expand sales.」
Plant restructuring in Europe, China and Canada has entered the implementation phase, while implementation in the United States is scheduled to begin in fiscal 2025. In addition, CFJ has launched mass production in Europe. - FY2025-H1AdvancedAnnual report
「Despite the impact of lower volume and an increase in common costs resulting from a review of the allocation method, the Company posted operating profit of ¥3,311 million, compared with an operating loss of ¥409 million in the year-earlier period, owing to selling-price pass-through and reductions in variable costs.」
The CVJ axle business moved from an operating loss of ¥409 million in the year-earlier period to operating profit of ¥3,311 million, owing to selling-price pass-through and reductions in variable costs. - FY2024-Q3AdvancedAnnual report
「Sales were ¥422,789 million, up 15.0% year on year, mainly due to recovering customer demand. Despite efforts to pass through higher steel costs into selling prices, the Company posted an operating loss of ¥553 million, compared with an operating loss of ¥10,743 million in the year-earlier period.」
Sales to the automotive market increased, while the operating loss narrowed from ¥10,743 million in the year-earlier period to ¥553 million, indicating progress in the business through recovering demand and reduced losses. - FY2023AdvancedAnnual report
「The Group is beginning to achieve results globally in its target segments, including BEVs, SUVs and pickup trucks, as demonstrated by decisions for the first mass-production adoption in the European market of the Group’s CFJ, a next-generation high-efficiency fixed-type constant-velocity joint, and third-generation tapered-roller hub bearings.」
In the automotive business, the first mass-production adoption of the CFJ and third-generation tapered-roller hub bearings has been decided, demonstrating concrete results for BEVs, SUVs and pickup trucks. - FY2022AdvancedAnnual report
「The Company has brought the fixed-type constant-velocity joint CFJ to market, received many inquiries, and will begin mass production in 2022.」
Mass production of the CFJ is scheduled to begin in 2022, and its first mass-production adoption for SUVs has also been decided. - FY2020-Q1AdvancedAnnual report
「During the first quarter of the current consolidated cumulative period, the newly invested PT. Astra NTN Driveshaft Indonesia was included within the scope of application of the equity method.」
The Company made a new investment in an Indonesian driveshaft-related company and included it as an equity-method affiliate. - FY2019AdvancedAnnual report
「The Company developed the CFJ-W fixed-type constant-velocity joint for automotive front-wheel drives, offering high efficiency and the world’s largest operating angle of 55°.」
The Company developed the CFJ-W with the world’s largest operating angle of 55° and gave concrete shape to a product capable of reducing the torque loss ratio by 50% versus the conventional product. - FY2018AdvancedAnnual report
「Alongside reducing torque and size and weight in hub bearings and driveshafts, the Company has promoted the development of modular products and rolled out new products globally.」
In the automotive business, including driveshafts, the Company describes reduced torque, smaller and lighter products, modular product development and the global rollout of new products. - FY2018-Q3RestatedAnnual report
「“Toward NTN driveshafts with No. 1 customer satisfaction worldwide”」
The Company has reiterated its structural reform of the driveshaft business and its goal of achieving No. 1 customer satisfaction worldwide. - FY2018-Q2RestatedAnnual report
「“Toward NTN driveshafts with No. 1 customer satisfaction worldwide”」
The Company has reiterated its structural reform of the driveshaft business and its goal of achieving No. 1 customer satisfaction worldwide. - FY2018-Q1RestatedAnnual report
「“Toward NTN driveshafts with No. 1 customer satisfaction worldwide”」
The Company has reiterated its structural reform of the driveshaft business and its goal of achieving No. 1 customer satisfaction worldwide. - FY2017AdvancedAnnual report
「On the sales and technology side, the Company is developing products such as the “Advanced Driveshaft Module,” a modularised product incorporating hub bearings, in which the Company boasts the world’s leading market share, using new concepts and advanced manufacturing technologies, and is increasing the proportion of high-value-added products. On the production side, against a backdrop of rising automobile production and automakers establishing new sites, the Company is building new plants in China, the United States and elsewhere, increasing its local production ratio globally and improving profitability through reductions in variable costs and other measures.」
The Company describes the development of the Advanced Driveshaft Module, the establishment of new plants in China, the United States and elsewhere, higher local production ratios and reductions in variable costs as concrete progress in its structural reforms. - FY2017-Q3RestatedAnnual report
「“Toward NTN driveshafts with No. 1 customer satisfaction worldwide”」
The Company has reiterated its structural reform of the driveshaft business and its goal of achieving No. 1 customer satisfaction worldwide. - FY2017-Q2RestatedAnnual report
「“Toward NTN driveshafts with No. 1 customer satisfaction worldwide”」
The Company has reiterated its structural reform of the driveshaft business and initiatives aimed at achieving No. 1 customer satisfaction worldwide. - FY2017-Q1First statedAnnual report
「“Toward NTN driveshafts with No. 1 customer satisfaction worldwide”」
As a key initiative related to structural reform of the driveshaft business, the Company aims to achieve No. 1 customer satisfaction worldwide.