Products
Automotive Products (Wire Harness, Steering Roll Connector, Lead battery state detection sensor, Perimeter monitoring radars, etc.), Automotive Batteries, Batteries for Industrial Use
Results of operations in FY2024 (Year ended March 31, 2025)
Electronics & Automotive Systems Automotive Products business recorded steady growth of sales mainly by expanding car models equipped with aluminum wire harnesses which contribute to car weight reduction. We have also worked on developing and increasing sales of products such as wire harnesses, which can carry high voltage, for the electric vehicles market. Although import prices of products manufactured by overseas subsidiaries increased due to weak yen, the productivity improved as a result of 54 [Translation for Reference Purpose Only] order-taking based on customers’ stable production plans, and we have worked on optimization of selling prices. Consequently, both net sales and profit increased.
We will continue to develop products for the electric vehicle market and improve the productivity through automated production, aiming at increasing revenue.
2023/3 | 2024/3 | 2025/3 | |
---|---|---|---|
Net sales (Billions of yen) |
337.4 | 379.8 | 409.5 |
Operating profit (Billions of yen) |
1.5 | 15.6 | 27.4 |