Diversification of Profit Sources through the “All Grip” Structural Reform
First written in FY2017. 2 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024AdvancedAnnual report
「In the strategically important Indian market, the company achieved cumulative production of 30 million four-wheel vehicles by the end of March 2024.」
In its expansion centered on India as a core source of profit, the Company demonstrated the scale of cumulative four-wheel vehicle production reaching 30 million units. - FY2023AdvancedAnnual report
「Maruti Suzuki achieved cumulative domestic sales of 25 million vehicles in India on 9 January 2023. It currently produces and sells 17 models in India and, in addition to launching rapidly growing SUV models in recent years, is working to promote hybrid and CNG vehicles. It is also actively pursuing exports not only to the Indian domestic market but also to emerging markets, including Africa.」
With India at its core, the Company demonstrated a track record of 25 million cumulative sales, 17 models and exports to emerging markets, and is pursuing geographic diversification of its profit sources. - FY2017First statedAnnual report
「The Company will further strengthen its domestic four-wheel vehicle business and Indian four-wheel vehicle business, which are the main pillars of the Group, while strengthening its four-wheel vehicle businesses in ASEAN, Europe, Pakistan and other regions, thereby diversifying its profit sources and pursuing the "AllGrip" structural reform.」
The Company has identified four-wheel vehicle business reform as a priority, with Japan and India at its core, while strengthening ASEAN, Europe, Pakistan and other regions to diversify its profit sources.