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Meidensha (6508) · InitiativeAdvanced

Expansion of mass-production facilities for electric vehicle components

First written in FY2019-Q2. 6 of 8 entries say "Advanced", first in FY2019. Latest entry: FY2023-Q3.

8entries
6years
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019-Q2AdvancedFY2019 – FY2020-Q2AdvancedFY2021-Q2 – FY2023-Q32018: 12019: 320192020: 220202021: 120212022: 020222023: 1
Same theme, other companies

0 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2023-Q3AdvancedAnnual report

    「The company is proceeding with the construction of a new plant and the installation of equipment to produce integrated EV motor-inverter units as the second production line at 明電舎(杭州)駆動技術有限公司. During the cumulative third quarter of the current consolidated fiscal year, the company invested ¥3,253 million.」

    For the second production line for integrated EV motor-inverter units, the company is proceeding with the construction of a new plant and installation of equipment, and invested ¥3,253 million through the cumulative third quarter.
  2. FY2021AdvancedAnnual report

    「In particular, in its motor and inverter business for PHEVs and EVs, which the Group has positioned as a growth business and is developing, the Group is establishing an active mass-production and shipping system, including the launch of new plants in Kofu and Nagoya in fiscal 2020 and the planned launch of its plant in Hangzhou, China, in September 2021.」

    For EV motors and inverters, the new plants in Kofu and Nagoya are operating, while the Hangzhou plant in China is scheduled to begin operating in September 2021, and preparations for mass production and shipments are progressing.
  3. FY2021-Q2AdvancedAnnual report

    「Of the approximately ¥7.0 billion investment decided on to expand mass-production facilities for electric vehicle components, the company invested ¥3,573 million across its 3 sites, Numazu Works, Nagoya Works and 株式会社甲府明電舎, during the cumulative second quarter of the current consolidated fiscal year.」

    The company has disclosed that ¥3,573 million of the approximately ¥7.0 billion investment plan to expand mass-production facilities for EV components was invested at 3 domestic sites.
  4. FY2021-Q1RestatedAnnual report

    「The Electronics business posted higher revenue and profit year on year as the semiconductor market moved toward recovery. In the EV business, however, revenue declined year on year due to a downturn in the automotive-related market and other factors, while profit fell due to upfront costs incurred in preparation for mass production on the newly established line and other factors.」

    Regarding the expansion of mass-production facilities for EV components, upfront costs have been incurred to prepare for the start of mass production on the new line, indicating that investment in facilities and the strengthening of the production system are still under way.
  5. FY2020-Q2AdvancedAnnual report

    「Of the approximately ¥7.0 billion investment decided on to expand mass-production facilities for electric vehicle components, the company invested ¥3,573 million across its 3 sites, Numazu Works, Nagoya Works and 株式会社甲府明電舎, during the cumulative second quarter of the current consolidated fiscal year.」

    Of the approximately ¥7.0 billion investment plan to expand mass-production facilities for EV components, ¥3,573 million was invested at 3 domestic sites.
  6. FY2020-Q1AdvancedAnnual report

    「At 明電舎(杭州)駆動技術有限公司, established in China during the first quarter of the current consolidated fiscal year with planned capital of ¥4,250 million, the company plans to invest ¥3,492 million in facilities to establish its first overseas production site for electric vehicle components.」

    To strengthen its production system for EV components, the company has disclosed an investment plan for a newly established company in China that will become its first overseas production site, in addition to investments at 3 domestic sites.
  7. FY2019AdvancedAnnual report

    「In addition, to strengthen its production system for electric vehicle components by expanding mass-production facilities, the company decided to invest approximately ¥7.0 billion across its 3 sites, Numazu Works, Nagoya Works and 株式会社甲府明電舎, and commenced construction.」

    For mass-production facilities for EV components, the approximately ¥7.0 billion investment across 3 sites has progressed from the decision stage to the construction stage.
  8. FY2019-Q2First statedAnnual report

    「As part of its capital investment plan for the cumulative second quarter of the current consolidated fiscal year, the company decided to invest approximately ¥7.0 billion across its 3 sites, Numazu Works, Nagoya Works and 株式会社甲府明電舎, to expand mass-production facilities for electric vehicle components.」

    For the purpose of expanding mass-production facilities for electric vehicle components, the company has disclosed for the first time its decision to invest approximately ¥7.0 billion across its 3 sites, Numazu Works, Nagoya Works and 甲府明電舎.
Moved together

"Interim dividend of ¥4 per share" moved the same way as this thread, in the same document, in 5 of its 8 moves.

544433★123456
  1. ★This thread
  2. 1Interim dividend of ¥4 per share5×
  3. 2One-stop maintenance services for entire facilities4×
  4. 3Working capital funding through the issuance of straight bonds4×
  5. 4Expanding maintenance orders by strengthening diagnostic and proposal activities4×
  6. 5Guarantees of debt for overseas subsidiaries and other entities3×
  7. 6Establishment of a new production base for electric vehicle components in China by 明電舎(杭州)駆動技術有限公司3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Meidensha's next results are scheduled for 2026-10-30. Read the earnings preview
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