Collaboration in the Synthetic Resin Molding Business for Automotive Parts through a Capital and Business Alliance with IAT Co., Ltd.
First written in FY2023-Q2. 9 of 12 entries say "Advanced", first in FY2023-Q3. Latest entry: 2026-06-30.
No other company in this theme has enough history to compare yet.
- 2026-06-30RestatedGovernance
「We determined that, through his extensive knowledge of automobile development and manufacturing and the latest knowledge and management capabilities cultivated through management and work experience at a major Chinese automobile company, he would contribute to promoting and expanding the mobility business strategy as a director of the Company.」
The stated reason for the appointment of an IAT-affiliated individual as a director was his expected contribution to promoting and expanding the mobility business strategy. - FY2026AdvancedAnnual report
「In the EV-related business, positioned as a future growth engine, the company continued to focus on launching the business and actively pursued sales activities and the development of its business platform. Although the plan was delayed due to a review of the launch timing and other factors, promotional activities, including test-drive events for prospective corporate customers, resulted in orders from major customers. As a result, revenue was ¥27 million, four times the level in the same period of the previous year.」
The EV-related business faced delays to the plan and an operating loss, but secured orders from major customers through promotional activities such as test-drive events, increasing revenue from ¥7 million to ¥27 million. - FY2026-H1AdvancedAnnual report
「The company's EV-related business is being actively developed as a core area supporting future growth. During the interim period, the company hired specialized personnel to strengthen its business platform and made strategic investments to enhance future competitiveness.」
The company positioned its EV-related business, including the alliance with IAT, as a core area of medium- to long-term growth and hired specialized personnel and made strategic investments. Due to delays in major projects, revenue was ¥35 million and the operating loss was ¥156 million. - FY2025RestatedAnnual report
「The EV Business Division is pursuing various measures for the contract business involving converted EV commercial vehicles and for the development and sale of general-purpose lithium battery modules.」
Measures relating to EV commercial vehicles and general-purpose lithium battery modules set out in the alliance and letter of intent with IAT continue to be pursued by the EV Business Division. - FY2024-Q2AdvancedAnnual report
「On 31 August 2023, the company entered into a letter of intent with IAT Automobile Technology Co.,Ltd. (head office: Beijing, China; Chairman and Representative Director: Xuan Qiwu (宣 奇武)) to promote EV-related business in the Japanese market. <Scope of business cooperation under this agreement> 1. Contract business for converted EV commercial vehicles 2. Development of general-purpose lithium battery modules 3. Development of lightweight automotive parts using high-performance resin materials Following signature by both companies, the letter of intent will initially remain valid for 2 years and is intended to establish a basis for jointly researching and evaluating the potential for the above business cooperation.」
A letter of intent was signed with IAT Automobile Technology Co.,Ltd., establishing a framework for joint research and evaluation in the Japanese market in 3 areas: converted EV commercial vehicles, general-purpose lithium battery modules and lightweight automotive parts. The initial term is 2 years. - FY2023-Q3AdvancedAnnual report
「At an extraordinary meeting of the Board of Directors held on 26 October 2022, the company resolved to enter into a capital and business alliance agreement with 株式会社IAT and to issue new shares through a third-party allotment with IAT as the planned allottee. Payment for this third-party allotment was completed on 14 November 2022.」
Specific progress was reported on the capital and business alliance and third-party allotment with IAT, with payment completed on 14 November 2022. The individual measures under the business alliance remained under consideration and discussion. - FY2023-Q2First statedAnnual report
「At an extraordinary meeting of the Board of Directors held on 26 October 2022, the company resolved to enter into a capital and business alliance agreement with 株式会社IAT (hereinafter, “IAT”) and, on the same date, resolved to issue new shares through a third-party allotment with IAT as the planned allottee.」
The company resolved to enter into a capital and business alliance with IAT and stated that it would consider collaboration in product design, prototype production, mold and tooling production, mass production, resinization technology, customer development, personnel exchanges and the Chinese market in the synthetic resin molding business for automotive parts.