Our company has continued to grow as the leading company in the production of steel plate pulleys used in engines for automobiles and agricultural machinery.
However, our business environment is set to undergo a dramatic shift. Now that the prospect of automobile electrification is starting to become much clearer, we must create a new pillar business by developing next-generation products that leverage the “metal plate forming with solid fabrications technology” that we have built up through the manufacture of pulleys.
Given this state of affairs, in order to aggressively push forward with the development and sale of next-generation products, we acquired ownership of Matsumoto Seiko― a company that specializes in metal cutting processes―in May 2018, and divided what was previously our Sales and Technology Division into two separate divisions―the Sales Division and Technology Division―on October 1. With these moves, we intend to accelerate development and expand sales of EV parts and parts used in safety, propulsion, and steering systems, as well as other components not associated with internal combustion engines.
Also, based on our diversity policy, we will be creating a working environment that people with diverse backgrounds will find comfortable to work in to ensure the ongoing growth of our company.
We are committed to continuing our efforts to become a company that is able to fulfill the needs of society even more so than now.
We would ask for your continuing support.
Toshiaki Kanemitsu, CEO