Komori
Mitsui High-tec (6966) · InitiativeAdvanced

Expansion of motor core production capacity for environmentally friendly vehicles through construction of a new plant at the Gifu facility

First written in FY2018-Q2. 7 of 14 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2023.

14entries
7years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAdvancedFY2019-Q3 – FY2020SoftenedFY2021AdvancedFY2022 – FY20232017: 220172018: 320182019: 320192020: 320202021: 120212022: 120222023: 12023
Same theme, other companies
Construction of a new motor core plant for environmentally friendly vehicles at the Gifu FacilityA 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.

Full recordFilings, disclosures and news, newest first
  1. FY2023AdvancedAnnual report

    「Gifu Plant | Electrical components | Electrical component manufacturing equipment | 2,766 | 4,096 | 104 | 1,179 | — | 171 | 8,318」

    For electrical component manufacturing equipment at the Gifu Plant, total carrying value of ¥8,318 million was reported, indicating continued development of the mass-production facility.
  2. FY2022AdvancedAnnual report

    「Gifu Plant: electrical component manufacturing equipment, ¥1,246 million」

    For the Gifu Plant, an addition of ¥1,246 million to electrical component manufacturing equipment during the fiscal year was reported, indicating continued development of the mass-production facility.
  3. FY2021SoftenedAnnual report

    「Filing company | Gifu Plant | Gifu Prefecture | Kani City | Electrical components | Electrical component manufacturing equipment | 1,916 | — | Internal funds and borrowings | February 2021 | January 2022 | 55%」

    The Gifu Plant equipment plan changed from the previous plan of a 90% capacity increase and completion scheduled for October 2021 to a plan for a 55% capacity increase and completion scheduled for January 2022.
  4. FY2021-Q3RaisedAnnual report

    「Filing company | Gifu Plant | Gifu Prefecture Kani City Electrical components Electrical component manufacturing equipment 4,362 1,998 Internal funds and borrowings February 2020 October 2021 90%」

    The Gifu Plant capital investment plan was expanded to total planned investment of ¥4,362 million and a 90% increase in capacity after completion. Meanwhile, the completion date changed from May 2021 to October 2021.
  5. FY2021-Q1Cited as achievedAnnual report

    「As higher revenue from the Gifu Plant, which began mass production last year, contributed to results, revenue was ¥11,043 million, up 7.5% year on year.」

    The contribution of the Gifu Plant, which achieved the start of mass production, to subsequent revenue growth was reported as an actual result.
  6. FY2020AdvancedAnnual report

    「Filing company | Gifu Plant | Kani, Gifu Prefecture | Electrical components | Electrical component manufacturing equipment | 3,790 | — | Internal funds and borrowings | February 2020 | May 2021 | 80%」

    For the Gifu Plant after the start of mass production, the company reported an additional capital investment plan with total investment of ¥3.79 billion, completion scheduled for May 2021, and an 80% increase in capacity after completion.
  7. FY2020-Q3AdvancedAnnual report

    「Filing company | Gifu Plant | Kani, Gifu Prefecture | Electrical components | Electrical component manufacturing equipment | 3,635 | 1,150 | Internal funds and borrowings | February 2019 | October 2020 | New」

    For capital investment in manufacturing equipment at the Gifu Plant, the amount already paid increased from the previously reported ¥1,023 million to ¥1,150 million, indicating progress on the plan.
  8. FY2020-Q2AdvancedAnnual report

    「Filing company | Gifu Plant | Kani, Gifu Prefecture | Electrical components | Electrical component manufacturing equipment | 3,635 | 1,023 | Internal funds and borrowings | February 2019 | October 2020 | New」

    Even after mass production began, the Gifu Plant continued capital investment in electrical component manufacturing equipment, with total investment of ¥3.635 billion and completion scheduled for October 2020.
  9. FY2020-Q1AchievedAnnual report

    「In Japan, the start of mass production at the Gifu Plant in February 2019 contributed to results, among other factors,」

    The company states that the Gifu Plant reached the previously scheduled start of mass production in February 2019.
  10. FY2019-Q3AdvancedAnnual report

    「In preparation for future market and order growth, the company established a subsidiary in Poland in September 2018 to strengthen sales in the European market and build a global supply system. In Japan, mass production at the Gifu Plant is scheduled to begin in January 2019.」

    For the Gifu Plant, the company reported mass production scheduled to begin in January 2019, indicating progress in developing facilities to support future order growth, together with the establishment of a Polish subsidiary.
  11. FY2019-Q2RestatedAnnual report

    「The Canadian subsidiary began mass production in July, while the Gifu facility in Japan began mass production in February 2019 as originally scheduled.」

    For the Gifu Plant, the company confirmed that the planned start of mass production in February 2019 remained on schedule.
  12. FY2018RaisedAnnual report

    「Filing company | Gifu Plant | Kani, Gifu Prefecture | Electrical components | Land, buildings and electrical component manufacturing equipment | 9,000 | 1,211 | Internal funds and borrowings | November 2017 | January 2019 | New construction」

    For the new construction plan at the Gifu Plant, total planned investment increased from the previous ¥7 billion to ¥9 billion, and ¥1,211 million already paid was reported.
  13. FY2018-Q3AdvancedAnnual report

    「Filing company | Gifu Plant | Electrical components | Land, buildings and electrical component manufacturing equipment | Total planned investment: ¥7,000 million | Amount already paid: ¥1,179 million | Internal funds and borrowings | Start: November 2017 | Completion: January 2019 | New construction」

    For the new plant plan at the Gifu Plant, the company reported planned investment of ¥7 billion, ¥1,179 million already paid, and completion scheduled for January 2019 as a new-facility construction plan.
  14. FY2018-Q2First statedAnnual report

    「To meet increasing demand for motor cores used for driving and power generation in environmentally friendly vehicles, the company will construct a new plant to expand production capacity. Initial investment: approximately ¥7 billion by January 2019, including land, buildings and ancillary facilities, and machinery. Building construction start: scheduled for November 2017. Building completion: scheduled for September 2018. Mass production start: scheduled for February 2019.」

    The company resolved to proceed with a new plant construction plan at the Gifu Plant, involving investment of approximately ¥7 billion, with construction scheduled to start in November 2017, the building scheduled for completion in September 2018, and mass production scheduled to begin in February 2019.
Moved together

"Expanding motor core sales by leveraging an integrated production system from prototyping through mass production" moved the same way as this thread, in the same document, in 9 of its 14 moves.

986654★123456
  1. ★This thread
  2. 1Expanding motor core sales by leveraging an integrated production system from prototyping through mass production9×
  3. 2Interim dividend payment8×
  4. 3Expansion of the electrical components business through the expansion of the Shanghai plant6×
  5. 4Flexible Capital Policy Through Share Repurchases6×
  6. 5Establishment of New Electrical Component Manufacturing Facilities in Canada5×
  7. 6Productivity Improvements and Cost Reductions Across the Entire Group4×

★ 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.

When this could move next
No upcoming earnings preview for Mitsui High-tec yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Expansion of motor core production capacity for environmentally friendly vehicles through construction of a new plant at the Gifu facility | Mitsui High-tec,Inc. (6966) | Komori