Entry into the Motor Core-Related Business and Establishment of a New Company
First written in FY2022. 5 of 10 entries say "Restated". Latest entry: FY2026-H1.
1 other company's latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「The Group has developed its business around four pillars: pulleys, transmission components, xEV components, and motor core components.」
The company has reaffirmed its business development around four pillars, including motor core components. The start of motor core production itself had already been disclosed in a previous filing, and no new production-start milestone is stated. - FY2025-H1RestatedAnnual report
「The Group has developed its business around four pillars: pulleys, transmission components, xEV components, and motor core components.」
The company has reaffirmed its business development around four pillars, including the motor core business. The start of production itself had already been disclosed by the previous filing, and no new production-start milestone is stated. - FY2024RestatedAnnual report
「We are focusing on expanding sales of xEV components and have begun producing motor core components at K-NEXT, the joint venture established in October 2022.」
The company continues to expand sales of xEV components and produce motor core components at K-NEXT. The start of production itself had already been disclosed by the previous quarter. - FY2024-Q3RestatedAnnual report
「We began producing motor cores for xEV components at K-NEXT, the joint venture established two years ago.」
The company continues to disclose the start of production of xEV components, namely motor cores, by K-NEXT. - FY2024-Q2AdvancedAnnual report
「In this environment, the Group has been implementing improvement initiatives aimed at increasing the profitability of its core transmission components and pulleys, and began producing xEV components (motor cores) at Keynext, a joint venture established last year.」
The company has reached the specific milestone of starting production at K-NEXT, established in October 2022, for the motor core business. - FY2024-Q1RestatedAnnual report
「In this environment, the Group has been implementing improvement initiatives aimed at increasing the profitability of its core transmission components and pulleys, preparing a system to increase production of xEV components, and preparing for production in the motor-core business.」
For the motor core business, the company continues its policy of preparing for production, as it had previously prepared for the start of operations at the new company. - FY2023-Q3AdvancedAnnual report
「The Group is promoting initiatives to improve the profitability of its core pulley products and next-generation products, while actively preparing for the start of operations at Key Next Co., Ltd., established in October 2022 as the new motor-core company, and pursuing initiatives such as carbon neutrality under the slogan “We will take on the challenge of a new world.”」
The motor core business has become more specific, moving from promoting the establishment of a new company through a JV to preparing for the start of operations at K-NEXT Co., Ltd., established in October 2022. - FY2023-Q2AdvancedAnnual report
「Under the slogan "We will take on the challenge of a new world," we are actively promoting the establishment of a new motor core company through a JV, as well as initiatives toward carbon neutrality.」
The company's entry into the motor core business has progressed from preparing to establish a new company in the previous quarter to promoting the establishment of a new company through a JV. - FY2023-Q1AdvancedAnnual report
「Against this backdrop, the Group is actively promoting efforts to improve the profitability of its mainstay pulleys and next-generation products, while preparing to establish a new motor core company through a JV and pursuing carbon neutrality initiatives under the slogan "We will take on the challenge of a new world."」
The company's entry into the motor core business has moved from a policy of merely establishing a company to the stage of preparing to establish a new company through a JV. - FY2022First statedAnnual report
「In fiscal 2022, we will establish a new company that manufactures motor core-related components and enter a field expected to grow as vehicles become electrified.」
To address vehicle electrification, the company has announced new initiatives including establishing a new company to manufacture motor core-related components, building production and support systems, and accumulating and standardizing technology.