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Suzuki (6785) · InitiativeRestated

Establishment of a joint venture with Sumitomo Wiring Systems to manufacture production equipment for wire harnesses

First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2019.

4entries
2years
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ProgressHeldSoftenedWorseAchievedFY2019-Q1RestatedFY2019-Q3 – FY20192018: 220182019: 22019
Same theme, other companies
Expansion of wire-harness manufacturing capacity through a joint venture with Sumitomo Wiring SystemsA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

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  1. FY2019RestatedAnnual report

    「The company manufactures production equipment for automotive and equipment wire harnesses for Sumitomo Wiring Systems. As the development of automation and robotics technologies is expected to accelerate, the company established a joint venture to respond to increased development capabilities and production volumes.」

    The company reaffirmed that the joint venture with Sumitomo Wiring Systems was established to respond to automation and robotics technologies and to strengthen development capabilities and production volumes.
  2. FY2019-Q3RestatedAnnual report

    「The company manufactures production equipment for automotive and equipment wire harnesses for Sumitomo Wiring Systems. As the development of automation and robotics technologies is expected to accelerate, the company established a joint venture to respond to increased development capabilities and production volumes.」

    The company reaffirmed that the joint venture with Sumitomo Wiring Systems was established to respond to automation and robotics technologies and to increase development capabilities and production volumes.
  3. FY2019-Q1AchievedAnnual report

    「At a meeting of the board of directors held on 10 September 2018, the company resolved to establish a joint venture as described below and established it on 1 October 2018.」

    The company established S&Sアドバンストテクノロジーズ株式会社, a joint venture with Sumitomo Wiring Systems for production equipment for wire harnesses, on 1 October 2018. Capital was ¥80 million, with ownership of 51% by the company and 49% by Sumitomo Wiring Systems.
  4. FY2018First statedAnnual report

    「As the development of automation and robotics technologies is expected to accelerate, the company will establish a joint venture to respond to increased development capabilities and production volumes.」

    The company stated plans to establish a joint venture on 1 October 2018, with capital of ¥80 million and ownership of 51% by Suzuki and 49% by Sumitomo Wiring Systems, to respond to automation and robotics technologies and strengthen development capabilities and production volumes.
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Establishment of a joint venture with Sumitomo Wiring Systems to manufacture production equipment for wire harnesses | SUZUKI CO.,LTD. (6785) | Komori