Strengthening product development capabilities for mid- to high-grade aluminum wheels
First written in FY2016. 8 of 18 entries say "Restated". Latest entry: FY2026.
2 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Viewing changes in the market environment as a new opportunity for growth, we will evolve our product strategy. Particularly for premium and advanced products, we will reassess product capabilities from every perspective and actively pursue new product development to provide value that meets and exceeds customers' diverse needs and expectations.」
The company has reorganized the scope of its focus from the previous term, mid- to high-grade products, to premium and advanced products, and has indicated a policy of improving product capabilities through market analysis and new product development. - FY2026-H1Decline in sales of core aluminum wheelsAnnual report
「This was due to lower sales of the core aluminum wheels, partly reflecting consumers' greater focus on saving amid rising prices.」
Although no change has been indicated in the policy of developing and expanding mid- to high-grade aluminum wheels, the company identified lower sales of core aluminum wheels as a factor behind the decline in revenue for the interim consolidated accounting period. - FY2025RestatedAnnual report
「Particularly for premium and mid-grade products, the company will reassess product capabilities from every perspective and actively pursue new product development to provide value that meets and exceeds customers' diverse needs and expectations.」
The company has reaffirmed its policy of reassessing the capabilities of its premium and mid-grade products and pursuing new product development. - FY2025-H1AdvancedAnnual report
「Although total unit sales of the core wheels declined, sales of premium aluminum wheels for luxury vehicles remained strong」
The company stated that sales of premium aluminum wheels for luxury vehicles remained strong despite a decline in total wheel unit sales, indicating progress in the market for high-value-added products. - FY2023AdvancedAnnual report
「In particular, to restore the strength of its products in mid-grade products with high added value, which are central to the company, it will conduct a fundamental review and reconstruction from every perspective, lay the foundations for a V-shaped recovery, and pursue the creation of value-added products.」
In response to the contraction and maturation of the market, the company is moving toward a fundamental review and reconstruction of its product strategy, centered on mid-grade products. - FY2022Further strengthening product strategyAnnual report
「In recent years, the company has needed to review its product strategy in response to the contraction and maturation of the market. As a new initiative, it is reviewing the issues faced by each brand in light of market trends, actively discontinuing or revising products, and working to release new products proactively, with the aim of further strengthening product capabilities and creating value-added products.」
In response to the contraction and maturation of the market, the company is further strengthening its product development initiatives by reviewing issues facing each brand, revising and discontinuing products, and actively launching new products. - FY2021RestatedAnnual report
「Last year, the company launched Novalis, a new brand developed as part of its efforts to offer products with strong value for money. Going forward, it will further strengthen marketing and promotional initiatives to improve product capabilities and pursue the creation of value-added products.」
The company has indicated that it will continue to improve the capabilities of its mid- to high-grade aluminum wheels and strengthen marketing and promotion following the launch of Novalis. - FY2020AdvancedAnnual report
「Products under the Kranze, Maverick, WedsSport and Leonis brands have continued to receive steady market recognition. The company has also launched Novalis, a new brand developed as part of its efforts to offer products with strong value for money. Going forward, it will continue to strategically allocate more management resources to mid- to high-grade products to lead the market.」
The company will continue to allocate management resources to mid- to high-grade products, and has demonstrated progress in specific product development through the launch of the new Novalis brand. - FY2020-Q3RestatedAnnual report
「As part of these efforts, the company is strengthening its product development capabilities for mid- to high-grade aluminum wheels, enhancing its sales capabilities, and improving efficiency through system upgrades」
The company continues to pursue stronger product development capabilities for mid- to high-grade aluminum wheels as an initiative. - FY2020-Q2RestatedAnnual report
「As part of these efforts, the company is strengthening its product development capabilities for mid- to high-grade aluminum wheels, enhancing its sales capabilities, and improving efficiency through system upgrades」
The company continues to pursue stronger product development capabilities for mid- to high-grade aluminum wheels as an initiative. - FY2020-Q1RestatedAnnual report
「As part of these efforts, the company is strengthening its product development capabilities for mid- to high-grade aluminum wheels, enhancing its sales capabilities, and improving efficiency through system upgrades」
The company continues to identify the strengthening of product development capabilities for mid- to high-grade aluminum wheels as an initiative. Meanwhile, it stated that sales of high-value-added wheels among its core aluminum wheels have declined as customers favor lower prices. - FY2019-Q3RestatedAnnual report
「Operating profit increased by 1.3% year on year to ¥1,562 million, supported, like revenue, by the effect of Logix Co., Ltd., despite negative effects including a decline in high-value-added wheels as customers favored lower prices and the impact of higher raw material prices and other factors. Ordinary profit similarly increased by 6.7% year on year to ¥1,721 million.」
Although no change has been indicated in the policy of expanding the mid- to high-grade and high-value-added wheel lineup, the company stated that sales of high-value-added wheels had declined as customers favored lower prices. - FY2019-Q2RestatedAnnual report
「Revenue for the cumulative second quarter of the consolidated fiscal year was ¥13,115 million, an increase of ¥2,290 million, or 21.2%, year on year, due mainly to the addition of the logistics segment following the inclusion of Logix Co., Ltd. as a subsidiary from the fourth quarter of the previous year. Meanwhile, operating profit was ¥351 million, down 31.5% year on year, as premium and mid-grade products, particularly among the core aluminum wheels, struggled to gain traction, compounded by higher costs resulting from price increases for raw materials and other factors.」
The company stated that the mid- to high-grade aluminum wheels continue to struggle to gain traction, while indicating no change in its policy of developing and expanding the product lineup. - FY2019-Q1Mid- to high-grade products struggled to gain tractionAnnual report
「Meanwhile, operating profit decreased by ¥124 million to ¥129 million, a 49.1% decline year on year, as premium and mid-grade products among the core aluminum wheels struggled to gain traction, compounded by the impact of higher costs resulting from price increases for raw materials and other items.」
Although no change has been indicated in the policy of developing and expanding the mid- to high-grade aluminum wheel lineup, the company stated that premium and mid-grade products struggled during the quarter. - FY2018RestatedAnnual report
「In recent years, the company has pursued product development focused on design and quality, while offering strong value for money. The Kranze, Maverick and Leonis series have continued to receive steady market recognition. Going forward, the company will continue to strategically allocate management resources to mid- to high-grade products to lead the market.」
The company has reaffirmed its policy of developing mid- to high-grade aluminum wheels and allocating management resources in the same direction as before. - FY2016First statedAnnual report
「In recent years, the company has pursued product development focused on design and quality, while offering strong value for money. The Kranze, Maverick and Leonis series have been well received in the market and have increased sales. Going forward, the company will continue to strategically allocate management resources to mid- to high-grade products to lead the market.」
The company has indicated a policy of leading the market through product development and strategic allocation of management resources to mid- to high-grade products.