Smart factory initiatives at the Wakayama Plant and RPA and work-style reforms
First written in FY2018. 3 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2023.
The whole theme swung hardest in 2021: 2 of 16 companies on the "Worse" side.
16 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「In Japan, the company made ¥9,293 million in capital expenditures, including construction of buildings and the installation of bearing manufacturing equipment at its Wakayama Plant (tentative name), as well as expansion of constant-velocity joint manufacturing equipment at the Iwata Plant.」
The Company carried out investments including construction of the Wakayama Plant building, installation of bearing manufacturing equipment, and expansion of equipment at the Iwata Plant, advancing smart-factory initiatives and strengthening production capacity. - FY2022AdvancedAnnual report
「In Japan, the company made ¥9,114 million in capital expenditures, including construction of buildings and the installation of bearing manufacturing equipment at its Wakayama Plant (tentative name).」
The Company carried out investments related to the smart factory, including construction of the Wakayama Plant building and installation of equipment. - FY2021AdvancedAnnual report
「In Japan, the company made ¥11,099 million in capital expenditures, including construction of buildings and the installation of bearing manufacturing equipment at its Wakayama Plant.」
The Company carried out construction of the Wakayama Plant building and installation of bearing manufacturing equipment, and advanced domestic capital investment including smart-factory initiatives. - FY2019RestatedAnnual report
「At the Wakayama Plant, scheduled for completion this autumn, the Company will promote smart-factory initiatives in manufacturing and work to significantly shorten manufacturing lead times.」
Regarding the Wakayama Plant’s smart-factory initiatives, the Company has stated that completion is scheduled for this autumn and that manufacturing lead times will be shortened through the use of IoT, AI, and robots. This describes a specific plan, not a newly completed achievement. - FY2018First statedAnnual report
「At the “Wakayama Plant” (provisional name), where mass production of ball bearings is scheduled to begin next June, the Company will promote smart-factory initiatives, including optimization and automation using IoT and AI and labor-saving through the introduction of robots. In response to labor shortages and rising labor costs resulting from the future decline in Japan’s working population, it also aims to build a structure capable of expanding the business through process automation using RPA and work-style reforms in indirect functions.」
The Company has presented the use of IoT, AI, and robots to develop the Wakayama Plant into a smart factory, together with RPA and work-style reforms in indirect functions, as new initiatives.