Growth Strategy Through Core Business Expansion
First written in FY2017. 7 of 11 entries say "Advanced", first in FY2023. Latest entry: 2026-09-02.
1 other company's latest entry also says "Advanced".
- FY2026Specific measures for local production in the United States and sales expansion of construction machinery cabsAnnual report
「In addition to expanding production capacity at our domestic plants, we will establish a new plant at our U.S. site to support local production in North America.” In the construction machinery-related business, we will target customer model changes and seek to expand the business by developing a full lineup of cab products.」
For the expansion of its core businesses, the company specified local production in North America through a new U.S. plant in addition to increased domestic capacity, as well as expanded orders for mini and compact cabs, wheel loaders, and agricultural and industrial machinery cabs. - 2026-05-15AdvancedEarnings
「We view changes resulting from the reorganization of domestic commercial vehicle manufacturers as a growth opportunity and will maintain our business rights and expand our business by leveraging our strengths in technology development and proposal capabilities.」
Specific growth initiatives continued to take shape, including increased domestic capacity, a new plant in the United States, localized production in North America and expanded orders for construction machinery cabins. - FY2025AdvancedAnnual report
「In coordination with the medium-term strategies of major customers, we are working to expand production capacity for increased volumes. In addition to expanding export capacity in Japan and ASEAN, we are also considering local production. We view the changes resulting from the reorganization of domestic commercial vehicle manufacturers as an opportunity and will seek to maintain our customer base and expand our business by leveraging our strengths in technology development and proposal capabilities.」
For the expansion of its core businesses, the company has specified measures including expanding export capacity in Japan and ASEAN, considering local production, and maintaining its customer base and expanding its business in response to the reorganization of domestic commercial vehicle manufacturers. - FY2024AdvancedAnnual report
「Using the newly won axle orders as a springboard, we will seek to expand our customer base in Japan to all 4 truck manufacturers. In the construction machinery-related business, we will work toward a full lineup of cab products, targeting customer model changes.」
For the expansion of its core businesses, the company specifically identified expanding its customer base among 4 domestic truck manufacturers, using newly won axle orders as a starting point, developing a full lineup of construction machinery cabs, and expanding orders for agricultural and industrial machinery. - FY2023AdvancedAnnual report
「For construction machinery cabs, we are making development proposals for hydraulic excavators of various sizes, from compact to large, and steadily working to expand our market share toward achieving the medium-term management plan’s sales expansion targets. We are also promoting sales expansion for construction machinery other than hydraulic excavators, as well as for agricultural and industrial machinery.」
For construction machinery cabs, the company has expanded its proposals from compact to large hydraulic excavators and is working to increase its market share, while also expanding its sales targets to agricultural and industrial machinery outside the construction machinery sector. - FY2020RestatedAnnual report
「Under this medium-term management plan, we will first build a robust management structure and improve the product capabilities and competitiveness of our core products, namely frames, axles and construction machinery cabs, and use this as the basis for maintaining and expanding our customer base and promoting new businesses.」
The new medium-term management plan continues to focus on maintaining and expanding the customer base and promoting new businesses, based on stronger product capabilities and competitiveness for core products. - FY2019ReframedAnnual report
「To survive and adapt in an era of significant changes in the business environment, the Group has adopted a management approach focused on “quality” and formulated a new medium-term management plan covering the fiscal years ending March 2020 through March 2024. Under this plan, we will first build a robust management structure and improve the product capabilities and competitiveness of our core products, namely frames, axles and construction machinery cabs, and use this as the basis for maintaining and expanding our customer base and promoting new businesses.」
The new medium-term plan reorganized the focus from the expansion of core businesses under the previous medium-term plan to a structure combining a focus on “quality,” a robust management structure, stronger product capabilities and competitiveness for core products, maintenance and expansion of the customer base, and new businesses. - FY2018RestatedAnnual report
「We will promote the maintenance of our customer base and global sales expansion by enhancing product capabilities and strengthening competitiveness and complementary capabilities in Japan, Indonesia and Thailand, our main production bases. We will also strengthen mutual complementarity, including parts procurement, at our production bases in Japan and China to support global supply.」
In the automotive-related business, global sales expansion continues through competitiveness and complementary capabilities in Japan, Indonesia and Thailand, while in the construction machinery-related business it continues through mutual complementarity between Japan and China. - FY2017First statedAnnual report
「1) Growth strategy through expansion of core businesses ① Achieve sales expansion through proposals for original products and specifications ② Promote expansion into business areas, including modularization ③ Establish an optimal global structure and expand sales」
As the foundation of its medium-term management plan, the company identified proposals for original products, expansion into areas such as modularization, and the establishment of a global structure as means of achieving growth.