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Kyb (7242) · InitiativeRaised

Expansion of Applications for the HC Business and Cost Competitiveness of Hydraulic Products for Construction Machinery

First written in FY2016. 7 of 15 entries say "Restated". Latest entry: FY2026.

15entries
11years
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ProgressHeldSoftenedWorseRestatedFY2018-Q1 – FY2019-Q3RaisedFY2019AdvancedFY2022 – FY20262016: 320162017: 420172018: 220182019: 220192020: 020202021: 120212022: 120222023: 020232024: 120242025: 020252026: 12026
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0 other companies' latest entry also says "Raised".

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  1. FY2026RaisedAnnual report

    「We will also expand our product lineup, including CTLs (Compact Track Loaders) and mining products, and pursue new customer acquisition, aiming to develop a second growth pillar after construction machinery excavators.」

    For the HC business, the Company is expanding its policy from cost competitiveness and application expansion for conventional construction machinery products to developing a second growth pillar after excavators by expanding products, including CTLs and mining products, and acquiring new customers.
  2. FY2024AdvancedAnnual report

    「For medium- and large-sized construction machinery, we developed and began mass production of hydraulic cylinders with tube walls 20% thinner while maintaining conventional performance and quality. For mini excavators, we completed development of the “PSVL-50” pump for load-sensing systems for the 3–4-ton class, with substantially smaller size and lower cost than the current PSVL-42 and increased maximum displacement and maximum operating pressure. Mass production is scheduled to begin in 2024 as a product that combines improved performance with environmental requirements.」

    In the HC business, the Company has specified 20% thinner hydraulic cylinders and their start of mass production, completion of PSVL-50 development with mass production scheduled to begin in 2024, and a target of launching its oil-condition diagnostic system in 2026, giving concrete form to cost competitiveness and the rollout of next-generation products.
  3. FY2022AdvancedAnnual report

    「In fiscal 2022, as the final year of the current Medium-Term Management Plan, we are advancing strategies to improve profitability by product group, promote cost reductions and local procurement, withdraw from unprofitable businesses and products, and complete the development of our production structure. At the same time, while optimizing and strengthening functions across the HC business through the reorganization of sales and indirect functions, we are developing and moving toward mass production of next-generation electronic hydraulic equipment with electronic control, electrification and systems integration, centered on regional strategies. We will achieve a shift to “earning to the fullest,” or profit-focused management, and link these efforts to the next Medium-Term Management Plan.」

    The HC business has given concrete form to its previous regional and product-function strategies through improving profitability by product group, withdrawing from unprofitable products, reorganizing sales and indirect functions, and developing and mass-producing next-generation electronic hydraulic equipment.
  4. FY2021ReframedAnnual report

    「As its basic policy under the 2020 Medium-Term Management Plan, the HC business has set forth improving long-term profitability through selective concentration. In mature markets such as Europe, the United States and Japan, it aims to maximize earnings through high value-added products, while in new and growth markets such as China and ASEAN, it aims to secure stable profits by emphasizing cost reductions. The Company is advancing regional strategies and product-function strategies according to the development stage of each market.」

    The Company has restructured its previous framework of expanding applications and cost competitiveness in the HC business into a focus on higher value added in mature markets, cost reductions in emerging and growth markets, and regional and product-function strategies.
  5. FY2019RaisedAnnual report

    「Our production capacity has continued to fall short of demand. While increasing the benefits of restructuring in China and Japan, we will strengthen order-winning activities for products other than excavators to establish a profitable business foundation and strengthen competitiveness without relying on volume in response to fluctuating demand. By developing attractive products, we aim to become a supplier trusted by customers.」

    In addition to strengthening sales and development for non-excavator products, the Company has expanded its initiatives to address insufficient production capacity, increase the benefits of restructuring in China and Japan, strengthen order-winning activities and become a trusted supplier.
  6. FY2019-Q3RestatedAnnual report

    「Establishing a profitable business foundation and strengthening competitiveness without relying on volume Strengthening sales and development systems for hydraulic products other than those for construction machinery」

    The Company is reiterating, in the HC business, a profitable business foundation not dependent on volume, competitiveness, and stronger sales and development systems for hydraulic products other than those for construction machinery.
  7. FY2019-Q1RestatedAnnual report

    「Establishing a profitable business foundation and strengthening competitiveness without relying on volume Strengthening sales and development systems for hydraulic products other than those for construction machinery」

    The Company is reiterating, in the HC business, a profitable business foundation not dependent on volume, competitiveness, and stronger sales and development systems for hydraulic products other than those for construction machinery.
  8. FY2018-Q3RestatedAnnual report

    「Establishing a profitable business foundation and strengthening competitiveness without relying on volume Strengthening sales and development systems for hydraulic products other than those for construction machinery」

    For the HC business, the Company is reiterating a profitable business foundation not dependent on volume, competitiveness, and stronger sales and development systems for hydraulic products other than those for construction machinery.
  9. FY2018-Q2RestatedAnnual report

    「Establishing a profitable business foundation and strengthening competitiveness without relying on volume Strengthening sales and development systems for hydraulic products other than those for construction machinery」

    For the HC business, the Company is reiterating a profitable business foundation not dependent on volume, competitiveness, and stronger sales and development systems for hydraulic products other than those for construction machinery.
  10. FY2018-Q1RestatedAnnual report

    「Establishing a profitable business foundation and strengthening competitiveness without relying on volume Strengthening sales and development systems for hydraulic products other than those for construction machinery」

    For the HC business, the Company is reiterating a profitable business foundation not dependent on volume, competitiveness, and stronger sales and development systems for hydraulic products other than those for construction machinery.
  11. FY2017RaisedAnnual report

    「Establishing a profitable business foundation and strengthening competitiveness without relying on volume Strengthening sales and development systems for hydraulic products other than those for construction machinery」

    The HC business initiatives now include a profitable business foundation less dependent on volume, strengthened competitiveness, and stronger sales and development for hydraulic products other than those for construction machinery, clarifying the scope of application expansion.
  12. FY2017-Q3RestatedAnnual report

    「Expanding sales of products for agricultural machinery and railway equipment Securing cost competitiveness for hydraulic products for construction machinery」

    For the HC business, the Company is reiterating the expansion of sales of products for agricultural machinery, railway equipment and other applications, and the securing of cost competitiveness for hydraulic products for construction machinery.
  13. FY2017-Q2RestatedAnnual report

    「Expanding sales of products for agricultural machinery and railway equipment Securing cost competitiveness for hydraulic products for construction machinery」

    For the HC business, the Company is reiterating the expansion of sales of products for agricultural machinery, railway equipment and other applications, and the securing of cost competitiveness for hydraulic products for construction machinery.
  14. FY2017-Q1ReframedAnnual report

    「Expanding sales of products for agricultural machinery and railway equipment Securing cost competitiveness for hydraulic products for construction machinery」

    For the HC business, the Company has organized its initiatives around expanding sales of products for agricultural machinery, railway equipment and other applications, and securing cost competitiveness for hydraulic products for construction machinery. Hydraulic equipment for aircraft has been separated into the aircraft equipment business and is therefore no longer included in the previous list.
  15. FY2016First statedAnnual report

    「Expanding sales of products for agricultural machinery, aircraft equipment and railway equipment Securing cost competitiveness for hydraulic products for construction machinery」

    The Company is pursuing both expanded sales in applications other than construction machinery and cost competitiveness for its existing core products.
Moved together

"Developing Talent to Support Global Growth and Executive Leadership" moved the same way as this thread, in the same document, in 5 of its 15 moves.

554433★123456
  1. ★This thread
  2. 1Developing Talent to Support Global Growth and Executive Leadership5×
  3. 2Development of Products with Enhanced Functionality, System Integration, Lightweighting and Energy Efficiency5×
  4. 3Decline in Chinese Construction Machinery Demand and Impairment of the HC Business4×
  5. 4Establishing a Global Compliance Framework4×
  6. 5Customer Acquisition and Aftermarket Business Expansion through Five-Region Global Development3×
  7. 6Halving Lead Times and Improving Group Productivity3×

★ 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.

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Expansion of Applications for the HC Business and Cost Competitiveness of Hydraulic Products for Construction Machinery | KYB Corporation (7242) | Komori