Creation of New Businesses and Technologies and Strengthening of Human Resources and Systems Infrastructure
First written in FY2017. 4 of 8 entries say "Advanced", first in FY2022. Latest entry: 2026-07-02.
18 other companies' latest entry also says "Advanced".
- 2026-07-02AdvancedGeneral Meetings of Shareholders
「We have designated “thermal management” and “energy management” as priority areas.」
Thermal management and energy management were explicitly identified as priority areas for creating new businesses. - FY2025AdvancedAnnual report
「Specifically, we will create new businesses by applying to new markets the technologies our Group has developed through its automotive piping business, including water-cooling pipes for data centers, water-cooling pipes for household appliances such as refrigerators in Global South markets including India, and the external sale of equipment.」
The targets of new business creation were specified as data centers, water-cooling pipes for household appliances, and external equipment sales, advancing the policy of applying existing technologies to non-automotive markets. - FY2025-H1RestatedAnnual report
「Increased specialist outsourcing expenses and R&D expenses as upfront investment in new businesses.」
It was stated that specialist outsourcing expenses and R&D expenses had been increased as upfront investment to create new businesses. - FY2024AdvancedAnnual report
「Specifically, we will create new businesses by applying to new markets the technologies our Group has developed through its automotive piping business, including water-cooling pipes for data centers, water-cooling pipes for household appliances such as refrigerators in Global South markets including India, and the external sale of equipment.」
The scope of new business and new technology development expanded into specific non-automotive markets, including data centers, water-cooling pipes for household appliances, and external equipment sales. - FY2022AdvancedAnnual report
「We have also actively invested in startups with advanced technologies on an ongoing basis and did not ease our efforts even during the COVID-19 pandemic. In March 2022, we invested in Plugo Co., Ltd., a startup engaged in the planning, development and sale of EV charging equipment and IoT services, with proprietary services and highly distinctive design as its strengths.」
Initiatives to create new businesses and technologies continued, including an investment in March 2022 in a company providing EV charging equipment and IoT services. - FY2021RaisedAnnual report
「③ Creating next-generation core businesses: create new businesses not limited to the automotive business, and create new businesses that contribute to regional economies」
The previous policy of creating new businesses and technologies was expanded to creating next-generation core businesses, including fields outside the automotive sector and contributions to regional economies. - FY2019RestatedAnnual report
「We will also work to strengthen the corporate capabilities of our company and each subsidiary and create new businesses in order to secure further earnings.」
The company continues to pursue earnings generation through stronger corporate capabilities at each company and the creation of new businesses. - FY2017First statedAnnual report
「In addition, we will work to create new businesses and technologies that will support the foundation of our group in the future, and continue to promote the development of human resources and the creation of systems, thereby dedicating ourselves to the development of our business.」
The company announced initiatives combining the creation of new businesses and technologies to support its future business foundation with the development of human resources and systems.