Toyoda Gosei Announces 2025 Business Plan
Kiyosu, Japan, May 22, 2018: Toyoda Gosei Co., Ltd. has announced a medium-and-long term management plan, called the 2025 Business Plan, to tackle the challenges of the rapidly changing business environment and realize sustainable growth in the future.
In the 2025 Business Plan, the company has set the 2025 financial objectives:
- Sales revenue: over one trillion yen
- Operating profit margin: 8%
To achieve these objectives, the company is working to develop new products that respond to the spread of autonomous driving and automobile electrification, commercialize new technologies, and expand businesses of the airbag and other products.
Taking everything into account,
Toyoda Gosei aims to grow as a global company that acts flexibly and swiftly in today's dramatically changing business environment, delivering the highest levels of satisfaction to customers worldwide through safety, comfort, well-being and the environment.
Three pillars of activities
|I) Venture into innovation and
Actions for new mobility
|II) Strategy for growing markets/fields||
|III) Innovative manufacturing at
*1 Connected, Autonomous, Shared, Electric
*2 Jidoka means that a machine safely stops when the normal processing is completed. It also means that, should a quality / equipment problem arise,
the machine detects the problem on its own and stops, preventing defective products from being produced. As a result,
only products satisfying quality standards will be passed on to the following processes on the production line.