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IR Day 2020 Access Product Business

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IR Day 2020 Access Product Business IR DAY 2020 Access Product Business December 3, 2020 Hiroshi Yoshikawa Managing Executive Officer Chief of U-Shin Business Headquarters Contents 1 Overview of Access Product Business 2 Growth Strategy by Automotive Device Market 3 Technological Trends 4 INTEGRATION Development Activities 2 Overview of Access Product Business 100-year History of U-Shin, to the Next Leap Stage 1926 Founded Around 1933 Started business with Toyo Kogyo Co., Ltd. (Mazda Motor Corporation) and DAT Jidosha Seizo Co., Ltd. (Nissan Motor Co., Ltd.), etc. 1963 Established Hiroshima Plant (relocated in 2012 and it is currently our main plant) 1987 Reduced the capital contribution ratio from Mazda from 19.5% to 10 (and then, to the completely independent management) 2013 Acquired European business from Valeo S.A. and Established Tier 1 relationships with European OEMs 2019 Integrated the business with MinebeaMitsumi Inc. and moved on to the new leap stage of electrification for the era of CASE Advantages of U-Shin Strong relationship of trust with OEMs developed in our 94-year history Tier 1 business relationship with worldwide major OEMs Expertise and ability to respond consistently to the system of every automobile-related filed such as mechanical structure, hardware, and even software, from development to production Business areas of automobile, housing equipment, and industrial equipment 3 Access Product Business: Global Footprint OEMs with Tier1 business relationship Isuzu Motors Limited, Suzuki Motor Corporation, SUBARU CORPORATION, DAIHATSU MOTOR CO., LTD., TOYOTA Domestic MOTOR CORPORATION, Nissan Motor Co., Ltd., Hino Motors, Ltd., Honda Motor Co., Ltd., Mazda Motor Corporation, MITSUBISHI MOTORS CORPORATION, Mitsubishi Fuso Truck and Bus Corporation, UD Trucks Corporation Audi, BMW, Chery, CITROЁN, Dacia, Daimler, FAW, FIAT, Ford, Geely, GM, Jaguar Land Rover, Overseas Mini, Nissan, PEUGEOT, Porsche, Renault, Toyota, Volkswagen, Volvo,Tesla Access Product Business have currently carried out production and research/development in 17 sites in 15 countries. 4 Overview of Access Product Business Motorization Electrification Current Status Motorization Electrical Steering Column Lock Room Lamp Power Closure System Electrification Lock Set Electrification Door Handle Switch Motorization Electrification Climate Control Panel Latch New Development Develop products that relate to the system for getting in an out of a vehicle, and that connect a car key and a smartphone Promote INTEGRATION products that correspond to the rapid electrification and motorization of products [Existing Core Products] Lock Set ➡ Digital Key, Latch ➡ e-Latch, Door Handle ➡e-Handle Keyword : CASE 5 Growth Strategy by Automotive Device Market Products to be newly developed Numerical Value 1 and promoted for sale Prediction Access Product Business: e-Access Market Prediction: 2 times FY2029 Sales Prediction the amount Rate of equipped vehicles in the of sales market : 2% (from FY2020) Number of motors: 4 per vehicle Total number of motors: 80,000 Smart Access Power Door Obstacle Actuator Detection ２ Products to expand market share e-Latch Market Prediction: FY2029 FY2020 FY2029 Rate of equipped vehicles in the market: 15% Number of motors: 8 per vehicle Total number of motors: 1,200,000 Access Product Business: Changes in the Number of Motors Used Power Lift Gate Market Prediction: FY2029 10years ago (FY2010) 7,000,000 Rate of equipped vehicles in the market : 35% Present (FY2020) 40,000,000 Number of motors: 2 per vehicle 10years later (FY2029) 58,200,000 Total number of motors: 700,000 Flash Handle 1.5 times the The number of motors Number of Market Prediction: used will grow Motors Used FY2029 by 18,200,000 (from FY2020) Rate of equipped vehicles in the in the next 10 years market : 15% ~ Number of motors: 4 per vehicle ~ Total number of motors: 260,000 FY2010 FY2020 FY2029 6 Growth Strategy by Automotive Device Market Prediction of e-Access Technological Trends Car behavior Present Near Future (~2025) Future (~2030) Key Key- authentication Key-embedded smartphone embedded Electronic key FOB (LF) (NFC, BLE) smartphone (NFC, BLE, Next generation) Unlocking FOB mecha Handle Handle Smartphone operation/ nical Key Hands-free switch sensor NFC key button Folding Movable handle Electric handle Hands-free Opening door handle Mechanical latch opening Electric latch opening (e-Latch) Electric power-assisted opening/closing Electric opening/closing Manual (power door ACT) (power door Stepless door checker ACT) Next generation obstacle detection 7 Technological Trends Tokyo Motor Show 2019 Demonstration Video Video slide 8 Technological Trends: Smart Access Product Concept Function Function 1 Detect the position of a smartphone, and 2 Detect a smartphone automatically lock/unlock or open/close the door when inside the vehicle it enters the predefined area ：Unlock area Closer ：Lock area Away Function Function 3 Lock/Unlock the door using 4 Lock/Unlock the door by holding a smartphone a smartphone over a reader 9 Synergistic Effect of Technology Technological Trends: with House Key To an age of using a smartphone as a vehicle key and a house key ・Application of automotive technology ・Key technology of U-Shin Showa Establish a safe, convenient, ・Wireless technology and software and high-level security technology of MinebeaMitsumi Group Useful features: ●Hands-free ●Automatic locking ●Key sharing ●Check history ●Remote operation Lock the vehicle door Unlock the house door Lock Unlock the vehicle door the house door 10 INTEGRATION Development Activities Unitization, Automotive BRG, MECHA, MSL Semiconductor, Sensor, One電動ｵｲﾙﾎﾟﾝﾌﾟMotor Division IoT Reliability Ultraprecision Mitsumi/Electronic Machining Device/ABLIC Motor Selection of the optimal bearing Semiconductor and power control Sharing of motor elemental Conversion technology of technologies technologies motor power Optimization of material and Technology of various sensors Technology sharing with DC Motor Designing technology of unit grease in Yonago and MTCE product Wireless communication, Bearing structure by expertise in Collaboration in control/firmware IoT technology Development step by ASIL PMA products Proposal of INTEGRATION Development Activities Closer to Away from Closer to Behavior: Get in Drive Get out User vehicle vehicle front door Unlock Lock/Unlock Open/Close Open/Close Lock vehicle Behavior: front door vehicle door vehicle door Start Stop vehicle door door Vehicle/House of house Communication between Vehicle integrated User accessibility (visual, User detection Obstacle detection Vehicle monitoring user and vehicle control and in-vehicle auditory, sense of touch) Functions communication Alert (visual, auditory, Feedback to user User authentication Security Operation Drive sense of touch) Combination of Creation of Benchmark information technologies owned Market trend, customer trend, within MinebeaMitsumi Future Products vehicle system, and so on Groups INTEGRATION Development Activities including products and technical support are in progress We are discovering more new INTEGRATION Activities 11 INTEGRATION Development Activities Example: Power Lift Gate Spindle and push rod Motor harness & gearbox Bearing Motor Motor Gearbox ASSY Current effort Unitize motor, harness ASSY and gearbox, and intensively manufacture it 12 Policy of INTEGRATION Development Activities & 相合開発活動及び新規開発の方針New Development Development of common engine by using module and actuator Distinguish ourselves from the competitors by producing a motor gearbox with module and actuator, and reduce investment and manufacture products effectively for the access product business in order to strengthen cost competitiveness and expand our sales Contribute to the new INTEGRATION development with the motor business Motor gearbox with module Flash handle with common actuator Type B: PLG Design of Type A: PLG Type C: PLG each type Type A Type B Type C Type D Common actuator Common motor + Gearbox 13 Any statements in this presentation which are not historical are future projections based on certain assumptions and executive judgments drawn from currently available information. Please note that actual performance may vary significantly from any particular projection due to various factors. Factors affecting our actual performance include but are not limited to: (i) changes in economic conditions or demand trends related to MinebeaMitsumi’s business operations; (ii) fluctuation of foreign exchange rates or interest rates; and (iii) our ability to continue R&D, manufacturing and marketing in a timely manner in the electronics business sector, where technological innovations are rapid and new products are launched continuously. All the information in this document is the property of MinebeaMitsumi Inc. All parties are prohibited, for whatever purpose, to copy, modify, reproduce, transmit, etc. this information regardless of ways and means without prior written permission of MinebeaMitsumi Inc. 14.
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