Focus on Growth Markets

「当社が主力と捉えている自動車市場・白物市場における取り組みが重要と認識し、これを進めております。」

「The outline of the 24 Medium-Term Management Plan, aimed at achieving corporate value while balancing customer satisfaction, is as follows.」

「During the first 3 quarters of the fiscal year, automotive products grew steadily as environmental and safety functions advanced through electrification, ADAS and other developments. Meanwhile, products for the white goods market declined 14.2% year on year as customer inventory adjustments continued due to the prolonged adjustment in residential sales in China. Sales in the industrial equipment and consumer markets increased only 0.7% year on year amid stagnant capital investment in IT-related facilities such as data centres and inventory adjustments across the supply chain.」

「Sales of automotive products increased 27.9% year on year, driven by progress in electrification, ADAS and other environmental and safety functions. Sales in the industrial equipment and consumer markets increased 13.3% year on year, mainly due to growth in products for factory automation and clean energy applications.」

「Automotive products performed well as applications expanded into xEVs, electrification and environmental and safety functions such as ADAS. Products for the white goods market continued to undergo customer inventory adjustments due to deteriorating market conditions in Europe, the United States and China. Sales of products for the industrial equipment market increased significantly as demand for clean energy and factory automation applications grew substantially.」

「Against this backdrop, the Group has been developing platform products centred on power modules to realise its growth strategy」

「During the first quarter of the fiscal year, semiconductor demand increased as products for white goods, including air conditioners and washing machines, remained firm on the rising inverter penetration rate in white goods. Demand was also supported by the sharp recovery in the automobile market that began in the second half of the previous fiscal year, the expansion of environmental initiatives, represented by automobile electrification, and DX.」

「With power modules, power devices and sensors as its business portfolio, the Company aims to achieve sales growth exceeding the semiconductor market growth rate.」

「The Group has adopted “Structural reform,” “Realise the growth strategy,” “Strengthen the financial position” and “Promote work-style reform” as its basic policies for the fiscal year」

「Although the Group expects long-term demand growth in the market for energy-saving and environmentally focused products, which is a strategic market for the Group, the stagnation of the global automobile market amid the COVID-19 pandemic has had a significant impact on the Group’s sales and production.」

「Although the market for energy-saving and environmentally focused products, which is a strategic market for the Group, is expected to see long-term demand growth, market conditions remain challenging in the near term. Since April this year, demand forecasts, particularly for semiconductor devices, have continued to decline at the Group, and this has begun to affect factory operations.」

「Under the 18 Medium-Term Management Plan, the Company has made power semiconductors, power management and power electronics its business domains and is pursuing differentiation through power device, power module and power solution technologies.」

「Under these conditions, the Company has allocated development resources primarily to growth fields identified as strategic markets in the “2018 Medium-Term Management Plan,” including growing demand for energy-saving products in the air-conditioning market, the shift toward environmental performance, enhanced safety functions and electrification in automobiles, and the spread of 5G-compatible communications infrastructure, while working on the timely launch of new products.」

「Sales growth through a focus on priority strategic markets」

「During the fiscal year, the Company launched the “2018 Medium-Term Management Plan.” The long-term vision under the plan is a “highly profitable company that grows through proprietary technologies and the performance of its people and organisation.” For the first year of the plan, the Company identified three basic policies, “Realise the growth strategy,” “Promote work-style reform” and “Strengthen the financial position,” and is working to expand sales and profit.」

「Against this backdrop, the Company launched the “2018 Medium-Term Management Plan” on 1 April this year. The long-term vision under the plan is a “highly profitable company that grows through proprietary technologies and the performance of its people and organisation.” For the first year of the plan, the Company identified three basic policies, “Realise the growth strategy,” “Promote work-style reform” and “Strengthen the financial position,” and is working to expand sales and profit.」

「Under this plan, the Company is building the “Sanken Power Electronics Platform” as a new development concept and working to expand sales through the timely launch of competitive new products.」

「Against this backdrop, the Company has identified two basic policies for this fiscal year, “Focus on growth markets” and “Strengthen the financial position,” and has worked to expand sales of new products in the globally expanding eco-friendly and energy-saving market, while pursuing fundamental improvements to its earnings structure.」

「Against this backdrop, the Company has identified two basic policies for achieving growth this fiscal year, “Focus on growth markets” and “Strengthen the financial position,” and has worked to expand sales of new products in the priority strategic markets of eco-friendly and energy-saving products and green energy, while improving its earnings structure by reducing fixed costs.」

「Against this backdrop, the Company has identified two basic policies for achieving growth, “Focus on growth markets” and “Strengthen the financial position,” and has worked to expand sales of new products in the priority strategic markets of eco-friendly and energy-saving products and green energy, while reducing fixed costs.」

「Against this backdrop, the Company has identified “Focus on growth markets” and “Strengthen the financial position” as its basic policies, worked to improve earnings power by shifting its product mix in line with market trends, and pursued improvements to its financial position.」

「The Company’s basic policies are “Focus on growth markets” and “Strengthen the financial position”」

「The Company’s basic policies are “Focus on growth markets” and “Strengthen the financial position”」