Komori
Business alliance7280MITSUBA CorporationElectrical Equipment and Precision Instruments

Notice Regarding the Execution of an Agreement for the Joint Development of an Electric Door System for Next-Generation Mobility Vehicles

ミツバ has entered into an agreement with TOYO DENKI SEIZO K.K.(TOYO ELECTRIC MFG.CO.,LTD.) and 泰平電機株式会社 to jointly develop an electric door system for next-generation mobility, including railways and buses. The 3 companies aim to integrate their technologies, improve the safety and reliability of door systems through electrification, and deploy them in next-generation mobility applications.

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25Immaterial
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Improvement
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Agreements reached under this partnership

Business alliance
7280MITSUBA Corporation
Alliance partnerTOYO DENKI SEIZO K.K.(TOYO ELECTRIC MFG.CO.,LTD.) / 泰平電機株式会社
Details of the alliance
  1. 1

    Drawing on its extensive expertise in the railway sector, it will lead the integration of the 3 companies' technologies.

  2. 2

    Drawing on its expertise developed through air-powered door-closing equipment for railways and buses, it will be responsible for the design and manufacture of the overall door system.

  3. 3

    It will provide smart motor technology and be responsible for developing the drive unit of the electric door-closing equipment, consisting of the motor and control application.

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

About the partner
Business DescriptionDrawing on its extensive expertise in the railway sector, it will lead the integration of the 3 companies' technologies. / Drawing on its expertise developed through air-powered door-closing equipment for railways and buses, it will be responsible for the design and manufacture of the overall door system.
Agreements reached under this partnership
ItemDetails
Name of alliance partnerTOYO DENKI SEIZO K.K.(TOYO ELECTRIC MFG.CO.,LTD.), 泰平電機株式会社
Alliance partner's business activitiesDrawing on its extensive expertise in the railway sector, it will lead the integration of the 3 companies' technologies., Drawing on its expertise developed through air-powered door-closing equipment for railways and buses, it will be responsible for the design and manufacture of the overall door system.
Type of allianceBusiness alliance
Details of the allianceDrawing on its extensive expertise in the railway sector, it will lead the integration of the 3 companies' technologies., Drawing on its expertise developed through air-powered door-closing equipment for railways and buses, it will be responsible for the design and manufacture of the overall door system., It will provide smart motor technology and be responsible for developing the drive unit of the electric door-closing equipment, consisting of the motor and control application.
Items this document does not state (19)
Alliance partner's locationAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionContract DateAlliance start dateShare Acquisition Date and Payment DateImpact on Business PerformanceChange in major shareholders

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To improve safety and reliability through the electrification of door systems for railway and bus vehicles and to deploy them in next-generation mobility applications.

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Notice Regarding the Execution of an Agreement for the Joint Development of an Electric Door System for Next-Generation Mobility Vehicles | MITSUBA Corporation (7280) timely disclosure | Komori