Transforming the Subsidiary’s Factory into a Model Factory and Utilizing Data

「During the current consolidated fiscal year, we made capital expenditures of ¥3,710,224 thousand, primarily on automotive component manufacturing equipment. The main expenditures were ¥3,357,660 thousand in the manufacturing business segment, mainly for an extension to the automotive component manufacturing plant, manufacturing machinery and molds.」

「Manufacturing subsidiaries in our group operate their own plants and are working to convert them into smart factories using AI and IoT, as well as automate and improve the efficiency of manufacturing processes by creating group synergies, in order to address the rapid globalization of manufacturing and changes in an increasingly competitive environment.」

「In 2021, we established the Tohoku Plant in Yonezawa, Yamagata Prefecture, to respond quickly and flexibly to customers with automotive assembly production sites in the Tohoku and Kanto regions. At the Tohoku Plant, we implemented various digital devices and introduced highly productive equipment to realize our group’s smart factory concept.」

「We will improve productivity by making subsidiary plants model smart factories and promoting data collection and use, including by installing user interfaces that are easy to operate on the manufacturing floor and support multiple languages, such as tablet devices.」