The Next-Generation Musashi Brand for Reducing Environmental Impact and Advancing Mobility

「Construction of the new plant in Minami-Alps, Yamanashi, has been completed and the plant has been handed over, and we are preparing to commence operations. We are also working to expand production capacity at the existing Hokuto Plant.」

「To meet the substantial increase in demand expected from 2027 onward, we will expand capacity at the Hokuto Plant and proceed with construction of a new plant in Minami-Alps, strengthening our supply capacity at an early stage.」

「We won an order from a new customer for a differential assembly for EVs, expanding our customer base.」

「Toward transforming our business structure to lead the EV era, we are steadily winning orders for xEVs through diverse strategic options that enable us to demonstrate our strengths with any mechanism. We position the three years ahead as the “1-to-10 phase,” in which the seeds cultivated to date will be translated into business expansion, and are pursuing both the realization of our growth strategy and the development of an operating foundation. In the Energy Solution business, we decided to build a new plant in Minami-Alps City, Yamanashi Prefecture, to establish production capacity capable of meeting strong demand for the energy storage device Hybrid Super Capacitor (HSC) from data centers serving generative AI applications.」

「Against this backdrop, our Group views the accelerating shift to EVs in the automotive market as an opportunity and is pursuing measures for further business growth. For four-wheel vehicles, we are strengthening research and development and working to improve our ability to make proposals to customers and our cost competitiveness. For the two-wheel EV market, which is expected to deliver substantial growth, we are actively pursuing orders for EV drive units, and collaboration with EV startups is taking concrete shape in India, Southeast Asia, and Africa.」

「We are focusing in particular on products with higher specification requirements for EV applications, including linkage and suspension components and gearboxes. In the powertrain area, we received an order from HONDA MOTOR CO.,LTD. for a gearbox to be used in the e-Axle of a new fuel-cell electric vehicle (FCEV) based on the CR-V.」

「In the Energy Solutions Division, the energy storage device Hybrid Super Capacitor received UL810A certification from UL Solution, an international testing and certification organization. We are also developing an uninterruptible power supply system for data centers and strengthening its rollout, particularly in the US market.」

「Against this backdrop, our Group views the accelerating shift to EVs in the automotive market as an opportunity and is pursuing measures for further business growth. For four-wheel vehicles, we are strengthening research and development and working to improve our ability to make proposals to customers and our cost competitiveness. For the two-wheel EV market, which is expected to deliver substantial growth, we are actively pursuing orders for EV drive units, and collaboration with EV startups is taking concrete shape in India, Southeast Asia, and Africa.」

「For EV products, we are actively pursuing orders for EV drive units worldwide. In October 2022, we invested in Booma Innovative Transport Solutions Private Limited, an Indian EV startup, and began a strategic collaboration to promote the adoption of E-mobility in India. We are also accelerating the development of our E-mobility business in Africa and Southeast Asia, pursuing initiatives that go beyond supplying units to include software services centered on hardware.」

「In particular, after being invited to exhibit an EV drive unit for motorcycles at TICAD 8, the Eighth Tokyo International Conference on African Development, held in the Republic of Tunisia in August, we displayed the unit at the venue. African heads of state and ministers who visited our booth directly expressed their expectations and support for the unit as green technology contributing to carbon neutrality. Leveraging our position as the global leader in motorcycle transmissions by market share, according to our research, we will accelerate the development of our E-mobility business in Africa with local partners and lead the adoption of electric motorcycles.」

「In addition, to achieve further business growth toward electrification amid rapid changes in the automotive industry, we changed our organizational structure from fiscal 2022, newly establishing the positions of CBO (Chief Core Business Officer) and CMO (Chief Monozukuri Officer). In addition to building a structure resilient to changes in the business environment, we will further accelerate efforts to win orders for strategic EV products and units.」

「We are strengthening proposals and sales expansion activities for our lightweight differential assemblies, which have been added to the product lineup, focusing on xEVs for customers in Japan and overseas, and are steadily converting these efforts into increased orders and growth.」

「Our Group views the changes brought about by electrification as an opportunity and is working to strengthen its core mobility business, reduce costs, and improve productivity through continuous improvement activities and DX (digital transformation).」

「As a result, orders also remained strong in sales, particularly for products for electric four-wheel vehicles.」

「As of 1 November 2020, we changed the corporate name of our consolidated subsidiary JM Energy Corporation to Musashi Energy Solutions Co., Ltd. and are accelerating the development of our energy solutions business for a sustainable society while building a more resilient corporate structure.」

「An energy solutions business also aimed at improving the efficiency of storing and supplying renewable energy」

「As electrification progresses, inquiries and orders for new EV and HV applications are increasing. We are developing differentials suited to their characteristics by capturing changes in the functional requirements associated with electrification.」

「Through this share acquisition, we acquired advanced development and production technologies and production infrastructure for lithium-ion capacitors, whose growth is expected in the near future. We aim to develop an energy solutions business capable of meeting diverse needs in an electrified society, including through high-value-added products for electric mobility.」

「Against this economic backdrop, we have identified CASE, described as the once-in-a-century transformation of the automotive industry, comprising Connectivity, Autonomous, Shared, and Electric, as an opportunity. We have strengthened efforts to win orders for next-generation components whose demand is expected to grow in the era of electrification and continued to advance our core precision forging technology.」

「Inquiries from new customers are also increasing for next-generation components, including high-performance gears, for which demand is expected to grow in the EV era.」

「In research and development, in addition to strengthening our existing technological capabilities, we will focus on developing products for the EV era, including high-precision gears for reduction gears and unit products that draw on our accumulated development expertise.」

「In sales, in addition to receiving new orders for differentials, inquiries for HEV/EV components, particularly in China and Europe, are increasing. We will use the strengths of our integrated production system to capture demand in anticipation of trends in the automotive industry.」

「To turn changes in automotive mechanisms and industrial structures into opportunities for further growth, we will maximize synergies with the HAY Group and seek to develop transactions with new customers and expand our higher-value-added parts business. We will also strengthen our market-sensing capabilities and pursue strategic product development so that we can quickly identify changes in the business environment and bring technologies, products, and services suited to the new era to market.」

「Strengthening the development of next-generation Musashi brand products that contribute to reducing environmental impact and advancing mobility」