Product development and production improvements for autonomous driving and carbon neutrality
First written in FY2021. 1 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2024: 1 of 7 companies on the "Worse" side.
9 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「The automotive-related business, the main component of the Other business, is operating during a period of major transformation in the automotive industry, including the shift toward carbon neutrality and electric vehicles. We will focus on securing orders for our core partial decorative steering wheels, as well as developing new materials, including “BAMBOO+®,” using technologies cultivated to date, in an effort to further improve performance.」
The company continues to shift its focus from wooden steering wheels to partial decorative steering wheels and new materials compatible with carbon neutrality, with securing orders for partial decorative steering wheels and developing new materials such as BAMBOO+® identified as specific priority measures. - FY2023Shift in focus from wood to partial decorative finishes and new materialsAnnual report
「Moving from a business centered on wooden steering wheels to the development of new partial decorative steering wheels centered on partial wood steering wheels, which will become the core products of this business, we will strengthen product competitiveness and maintain and expand our sales rights for partial decorative steering wheels. In addition, we will promote the commercialization of “Bamboo+,” a composite material made from moso bamboo produced in Kochi Prefecture that contributes to carbon neutrality.」
In the automotive-related business, the company has moved its focus from its traditional emphasis on wooden steering wheels to partial decorative steering wheels and has formulated a policy of promoting the commercialization of Bamboo+. - FY2022RestatedAnnual report
「In the automotive-related business, we will seek to secure the profitability of our core wooden steering wheels and 3D dry-transfer steering wheels while developing new fields.」
The company has indicated a policy of continuing to secure the profitability of its core products and develop new fields in response to environmental changes such as autonomous driving and carbon neutrality. - FY2021First statedAnnual report
「In the automotive-related business, we will focus on producing wood and 3D dry-transfer steering wheels, improve quality, cost and delivery times, and seek to develop new fields.」
The company identified production of existing products, improvements in quality, cost and delivery, and development of new fields as measures to address changes in the automotive industry, including autonomous driving, carbon neutrality and electrification.