Company Profile
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Company Profile 1 Haruhinagahata Kiyosu, Aichi 452-8564, Japan http://www.toyoda-gosei.com 2018.08.3,500 TP Japan Delivering satisfaction through safety, Management Philosophy comfort, well-being and the environment to customers worldwide Boundless Creativity and Social Contribution We, as a good corporate citizen, contribute to the economy and society Good corporate The Toyoda Gosei Group has grown to have 65 companies in 17 countries. 1. through community-based business activities and social action programs. citizenship Under the company creed of "Boundless Creativity and Social Contribution," we grow our business and contribute to society through We promote business operations with integrity through the establishment Proper business 2. of a system founded on thorough compliance and corporate ethics. operation the provision of mainly automotive products that use rubber and We aim to build up the TG Group's collective strength through an open and plastics technology. Sustainable fair relationship with suppliers, through a mutually strengthened corporate 3. growth structure and innovative management response to change. Today, the automotive industry is in midst of a huge transformation, including advances in autonomous driving and electrification. We aim to provide products and services with satisfying quality and price in Customer 4. a timely manner, through forward-looking R&D and production engineering. Satisfaction In order to take this huge wave as an opportunity and achieve sustainable growth in the future by responding flexibility and swiftly We aim to conserve the global environment and resources in order to hand down a greener world to our children through every business activity, Conservation of to changes in the business environment, in April 2018 we announced global environment 5. which includes cooperation with society and the development of an and resources our medium-and -long term business plan, called the Business Plan 2025. environment-friendly product and manufacturing process. With the three pillars of We aim to establish a vibrant corporate culture through respect for Respect for "Venture into innovation, new mobility," individuality and the value of enhanced teamwork, based on shared 6. the individual "Strategy for growing markets/fields," and responsibility and mutual trust between employees and management. "Innovative manufacturing at production sites," and the power of all 38,000 employees working together, we aim to grow as a global company that delivers the highest levels of satisfaction to customers worldwide through safety, comfort, well-being and the development. President FlesbyⅡ A design concept model envisioning ultra-compact mobility for the future Contents 2025 Business Plan 4 Global Reach 20 Business Portfolio 8 Company History 22 Products 10 CSR 24 R&D 19 Toyoda Gosei Data 27 2 3 2025 Business Plan (Medium and long-term business plan) Positioning of 2025 Business Plan Financial objectives FY2017 FY2025 Management (Japan Standard) (IFRS) Philosophy Revenue ¥807 billion More than ¥1 trillion 2025 Operating profit ratio 5.1% 8 % Business Plan ROE (Return on equity) ● What we aspire to be 6.6% 10 % ● Financial objectives ● Pillars of activity Annual Corporate Policy Pillars of activity TG Spirit Pillar ● Customer Oriented ● Ownership ● Respect PillarⅠ Ⅱ PillarⅢ ● Challenge ● Continuous Kaizen ● Teamwork Venture Strategy Innovative into innovation, for growing manufacturing at What we aspire to be new mobility markets/fields production sites Toyoda Gosei aims to grow as a global company that acts flexibly and swiftly in today’s dramatically changing business environment, delivering New Technology Current Products Current Products the highest levels of satisfaction to customers worldwide through New Products safety, comfort, well-being and the environment. ●Commercialization in the new ●Selection and concentration of ●Globally standardized production fields utilizing core technologies business resources know-how and processes ●Development of new technolo- ●Make current products more ●"Jidoka" and manpower saving gies and products coping with highly value-added utilizing IT Well-being CASE Safety ●Business plan executions through ●Reduction of environmental burden & ●Strategies of modularization and cooperation with customers and by production engineering reform the Environment Contributing to a society system products business partners Contributing to a greener without traffic accidents world and well-being for all to protect the lives of all Base of the Pillars Enhancement of the business foundation Comfort ● Strengthening global operations ● HR development ● Business activities with integrity Creating greater convenience and comfort for all 4 5 2025 Business Plan / Pillars of activity PillarⅠ Pillar Ⅱ Venture into innovation, new mobility Strategy for growing markets/fields Venture into innovation Toyoda Gosei is pursuing a focused strategy of expanding its airbag business to meet growing demand with stricter safety regulations worldwide; increasing its business in the rapidly growing Indian and Chinese markets; selecting and concentrat- Knowledge cultivated in the fields of high polymers and LEDs and experience gained as a world leader in the development of ing management resources; seeking thorough efficiency; and pursuing the advantages of scale. blue LEDs are used to create practical and innovative new technology that will contribute to safety, comfort, well-being and the environment. ■ Growing airbag market ■ Active investment in India (million) 8 ■ e-Rubber ■ GaN power semiconductors About 1.5 times greater 725 Minda TG Rubber 7 Next-generation rubber that functions with electricity and Energy-saving key devices with the application of LED Pvt. Ltd. mechanical force. technology. Toyoda Gosei 6 581 Minda India Pvt. Ltd. Unprecedented light, soft “artificial muscle” (actuators) and Next-generation type of power semiconductors (electronic compo- Bawal Plant 5 Gurgaon Office 427 448 sensors have been developed with the combination of Toyoda nents that convert/control power). Using the gallium nitride (GaN) 4 375 387 Gosei’s technical strengths in rubber and the materials patents crystal growth technology cultivated in the development and Neemrana Plant 3 269 of Advanced Softmaterials, Inc., a startup out of Tokyo Univer- production of LEDs, we are developing products that contribute to Gujarat Plant sity. more efficient and smaller electronic devices. 2 178 ● America (1978~) ● South Korea (1999~) ● Southeast Asia (2011~) Toyoda Gosei South India Pvt. Ltd. 1 ● Australia (1993~) ● Russia (2001~) ● India (2017~) ▶ Promising areas of use ▶ Promising areas of use ● Japan (1995~) ● China (2006~) ● South Africa (2017~) 0 2006 2009 2012 2015 2016 2017 2020 2023 (Year) ● Europe (1997~) ● Central and South America (2010~) Robots Medicine Automobiles Wireless power supply Mobility (Forecast) Introduction or strengthening of safety regulations in countries Toyoda Gosei’s production Automobile production around the world network in India in India New Car Assessment Programs (NCAP) are currently in place in The number of automobiles produced in India is rapidly increas- western countries and Japan and are being introduced in many ing. In 2017 automobile impact safety performance tests became IoT/haptics Elder care/ Welfare Solar power generation Industrial equipment southeast Asia countries, India, China and elsewhere. These mandatory, and in 2020 India will make its domestic exhaust gas regulations are becoming stricter each year, and demand for regulations stricter. Thus, we may expect growing demand for airbags is predicted to continue growing. Toyoda Gosei is safety and environmental products. committed to meeting this demand. Pillar Ⅲ Venture into new mobility To deal with autonomous driving, electrification and other changes in automobiles, we are refining our core technical Innovative manufacturing at production sites strengths in rubber and plastics, working collaboratively with customers and specialty manufacturers, and developing new products with a sense of urgency. Automated and labor-saving processes are being put in place that use information technology (IoT, AI) and other leading technology, and personnel who can analyze and effectively use big data in conjunction with universities and other companies ■ Next-generation concept model are being trained. Equipped with human-machine interface functions for communication between people and vehicles, creating a more secure and comfortable ■ Leading-edge eco-manufacturing plant ■ Cultivation of people skilled in the use of data interior space. science Production control Smart steering wheels Multifunctional console engineering ● Drivers’ physical status sensed with ● Movable console to accommodate relaxation built-in cameras and sensors mode (posture changes) Elucidation Display instrument panel ● Handier, more intuitive operation with touch panel ● External and warning information Personnel who can apply Next-generation cockpit module displayed on instrument panel Control data science to production Sensor functions that support autonomous driving integrated in lightweight technology plastic body New Inabe Plant (Mie Prefecture) (scheduled to begin operations in Systematized Collection Analysis Integrated grille early 2020s) engineering engineering ● Equipped with cameras and radar, etc., that do not detract from external appearance Compact and energy-saving equipment will be used to reduce CO2 Development of people who can analyze various types