Transforming the Cost Structure and Shifting the Earnings Model
First written in FY2021. 3 of 6 entries say "Advanced", first in FY2022. Latest entry: FY2026.
11 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Based on the long-term management plan Next35, our group is pursuing changes to its business portfolio and a transformation of its earnings structure, while working to establish new foundations for growth.」
The goal of transforming the cost and earnings structures has been reorganised around the Next35 initiatives to transform the business portfolio and establish new foundations for growth. - 2026-05-14RaisedManagement plan
「Target: Secure at least 30% of operating profit from new businesses and fields.」
Specific and more ambitious targets have been presented for transforming the earnings structure, including deriving at least 30% of operating profit from new businesses and fields and doubling operating profit. - FY2024AdvancedAnnual report
「Because these two management models require substantially different management of human resources, finances and other management resources, we have established a three-division structure comprising the Parts Manufacturing Division, which oversees the existing automotive parts manufacturing business; the Solutions Division, which is responsible for accelerating commercialization and creating new value; and the Mobility Division, which operates the existing automotive sales business. We have also established the Corporate Administration Headquarters as a group-wide corporate function to strengthen group synergies and achieve more efficient business operations.」
The three-division structure and Corporate Administration Headquarters are being operated as an organisation to transform the cost and earnings structures, with the roles and allocation of resources for each business clearly defined. - FY2023-Q1AdvancedAnnual report
「Accordingly, we are changing the organizational structure from the previous function-based headquarters structure to a business-unit structure. We are establishing the Parts Manufacturing Business Unit, responsible for the existing automotive parts manufacturing business, and the Solutions Business Unit, responsible for accelerating commercialization and creating new value. Together with the Mobility Business Unit, which covers the existing automotive sales business, this will create a three-business-unit structure. The reporting segments will likewise be changed to business segments.」
The three-division structure comprising existing businesses, new value creation and mobility, aimed at transforming the cost and earnings structures, is reflected in the organisation and reporting segments. - FY2022AdvancedAnnual report
「Deepening the automotive parts manufacturing business, the current core business, while creating new businesses and strengthening the mobility business」
The goal of transforming the cost and earnings structures has been translated into specific resource allocations: investment to improve profitability in the Component Manufacturing Business, creation of new businesses in the Solutions Business Division, and strengthening of the Mobility Business Division. - FY2021First statedAnnual report
「In this way, we will promote the policies for each area and work to transform the cost structure and shift the earnings structure.」
The goal of changing the cost and earnings structures is stated for the first time across the areas of production technology and development, mass production, and sales.