Toyoda Gosei Announces 2025 Business Plan
May 22, 2018
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 aspires to become:
A global company that confronts momentous business environment change flexibly and swiftly, and delivers the highest level of satisfaction through peace of mind, safety and comfort to customers worldwide.
3 pillars of activity
I Venture into innovation and Actions for new mobility
II Strategy for growing markets/fields
III Innovative manufacturing at production sites
*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.