Uncertainty in New Product and New Technology Development
First written in FY2017. 2 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 14 of 30 companies on the "Worse" side.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「We developed “Hidden Switch.” This switch combines functionality with a high-quality design and is scheduled to be installed in new vehicle models scheduled for launch in 2026. … We are advancing validation for social implementation by providing remote monitoring systems and passenger safety support systems at demonstration projects conducted in various regions, including Yokohama City’s demonstration project on the safe operation of Level 4 autonomous driving.」
To respond to automation, electrification and software-driven vehicles, the company is proceeding with plans to install Hidden Switch, Level 4 autonomous-driving demonstrations, and validation of remote monitoring and passenger safety support systems. - FY2024AdvancedAnnual report
「In this environment, the shift-by-wire shifter used in the existing business, which operates the vehicle’s transmission through electrical signals, has been recognized for its quality, price competitiveness and extensive adoption record. The company has successfully expanded sales to vehicle manufacturers in the United States and India. For autonomous driving, it is developing remote monitoring systems and passenger detection systems.」
To address the risk of development delays caused by automation and electrification, the company has specified measures including the successful expansion of shift-by-wire shifter sales in the United States and India and the development of systems for autonomous driving. - FY2022MitigatedAnnual report
「In its existing businesses, the Group is working to strengthen the competitiveness of products that respond to changes in the role of vehicles, including CASE and MaaS. It has developed products including a “steer-by-wire control unit” that can contribute to autonomous driving and electric vehicles, a “digital exterior mirror with fender mounting” that can improve safety and reduce aerodynamic drag, and a “fingerprint-authenticated start switch” that can help prevent vehicle theft.」
To address the risk that automation and electrification will change existing products and business models, the company has developed products for CASE and MaaS and specified its response measures. - FY2020WorsenedAnnual report
「The automotive industry is entering a once-in-a-century period of major transformation, making it necessary to plan products and develop technologies with a view to changes in vehicles and how they are used. In particular, progress in vehicle automation and electrification could significantly change existing products and business models. Any delay by the Group in responding could result in missed opportunities in existing and new businesses and affect its business performance.」
Regarding the uncertainty of developing new products and technologies, the company more clearly describes the risk that automation and electrification will change existing products and business models, and that delays in responding will result in missed opportunities. - FY2019RestatedAnnual report
「We believe that we can continue to develop and sell new products in the future, but the process is complex and uncertain and involves various risks, including those described below.」
The company continues to disclose uncertainties relating to investment in new products and technologies, technological advances, changes in market needs and delays in commercialization, among other factors. - FY2018RestatedAnnual report
「We believe that we can continue to develop and sell new products in the future, but the process is complex and uncertain and involves various risks, including those described below.」
The company continues to disclose the possibility of insufficient investment in new products and technologies, unsuccessful development investment, obsolescence caused by technological advances or changing market needs, and delays in commercialization. - FY2017First statedAnnual report
「We believe that we can continue to develop and sell new products in the future, but the process is complex and uncertain and involves various risks, including those described below.」
The company lists insufficient investment funds and resources, the possibility that long-term investment will not result in successful products, obsolescence caused by technological advances or changing market needs, and delays in commercialization.