Expansion into Growth Regions and Fields and Development of New Business Areas
First written in FY2017. 5 of 7 entries say "Advanced", first in FY2018. Latest entry: FY2026.
25 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「To build the technology base for commercializing businesses in non-mobility fields from the 2030s onward, we aim to enter businesses related to generators and energy supply, and will conduct demonstration tests toward the practical application of clean power supply through ammonia-hydrogen power generation. In addition, we will contribute to ongoing workplace improvements and productivity gains in manufacturing and other industries facing labor shortages by providing solutions including collaborative robots.」
The development of growth fields and new businesses has taken concrete shape in non-mobility fields from the 2030s onward, power generation and energy supply, and manufacturing solutions using collaborative robots. - FY2023AdvancedAnnual report
「In our clean energy technology business, we will advance development applying existing technologies, as well as broad-based elemental technology development using new technologies and targeting new fields for the future. Specifically, in addition to developing automotive products compatible with synthetic fuels, biofuels, and hydrogen fuels, we will pursue initiatives outside the automotive sector, including the development of hydrogen power generation systems using ammonia.」
The development of new areas has expanded beyond products compatible with synthetic fuels, biofuels, and hydrogen fuels to non-automotive fields, including hydrogen power generation systems using ammonia. - FY2023-Q3ReframedAnnual report
「As its medium- to long-term management policy, the Group has set out strengthening the competitiveness and achieving further growth of its powertrain products business, as well as developing new businesses in areas that contribute to a decarbonized society by leveraging its technologies and strengths.」
The previous policy of expanding in growth regions and fields and developing new businesses by leveraging core technologies has been reorganized into strengthening and growing the competitiveness of the powertrain products business and developing new areas that contribute to a decarbonized society. - FY2020AdvancedAnnual report
「We are strengthening our powertrain systems development business to contribute to the world by controlling all power sources, including evolving engines and next-generation power sources. Specifically, we will expand our application business for hybrid vehicles and shift from developing individual products to proposing system-level development based on the system expertise gained through application projects.」
The policy of expanding new and application businesses has been translated into powertrain systems development, expansion of applications for hybrid vehicles, and a shift from individual products to system proposals. - FY2019AdvancedAnnual report
「To contribute to the world by controlling all power sources, including evolving engines and next-generation power sources, we will strengthen our application business. Specifically, we will expand our application business for hybrid vehicles and acquire new application technologies to make further contributions.」
The policy of expanding in growth fields and regions has been translated into strengthening core electrification technologies, expanding the application business for hybrid vehicles, and acquiring new application technologies. - FY2018AdvancedAnnual report
「We will accurately identify trends in markets and environmental regulations, as well as customer needs, and steadily advance our businesses in growth fields and regions. To contribute to the world by controlling all power sources, including evolving engines and next-generation power sources, we will expand the scope of our application business and develop high-value-added system products.」
The policy of expanding in growth fields and regions has been translated into specific initiatives addressing environmental regulations and customer needs, expanding the scope of the application business, and developing system products. - FY2017First statedAnnual report
「We will accurately identify market trends and technology trends, actively expand our operations in growth regions and fields, and work to develop new business areas by leveraging our core technologies.」
The company has set out expansion in growth regions and fields based on market and technology trends, together with the development of new businesses leveraging its core technologies, as key initiatives.