Aisin Corporation · TSE:7259
Aisin — Aisin Seiki — Investor Presentation (October 2019)
24 slides from Aisin's investor presentation, Oct 31, 2019
Slide 1: Midterm Strategy and Target towards Sustainable Growth
Midterm Strategy and Target towards Sustainable Growth October 31, 2019 Kiyotaka Ise, President of Aisin Seiki Co., Ltd.
Slide 2: Midterm Target for FY2024
Midterm Target for FY2024 FY2020 at the bottom, We will target for over 7% Operating Profit Rate on FY2024 (trillion yen) Sales of CASE product Sales of existing products 5 Operating Profit Rate 12% ROE 4 10% 8% 3 6% 2 4% 1 2% 0 0% FY2017 FY2018 FY2019 FY2020 FY2024 * FY2024 : Fiscal year From April
Slide 3: Midterm Business Plan - Progress of Priority Issues
Midterm Business Plan - Progress of Priority Issues Promoting the measures for keen sense of crisis Priority issue Present situation Demands for the electrification products and orders Development of CASE are increasing steadily. Growth strategy products and expansion of Automated driving techno
Slide 4: Electrification Strategy of the Aisin Group
Electrification Strategy of the Aisin Group Expansion of the Sales of Electrification Products Lineup of products responding to various needs for electrification Electric drivetrain Cooperative Regenerative Brake System eAxle HVダンパー Hybrid transmission Damper for hybrid vehicles Grill shutter Electr
Slide 5: Expansion of the Electrification Products Sales
Aisin Group’s CASE Strategy Expansion of the Electrification Products Sales Production of Electric drive units （HV, eAxle） ） Production of Dampers for hybrid vehicles （10K （10K units) pieces) Accumulated total 600 Accumulated total 250 number of units number of units 3.70 million 300 10.9 million un
Slide 6: History of Development and Production of Drive Motors
Aisin Group’s CASE Strategy History of Development and Production of Drive Motors Start of motor High speed motor Cassette coiling production Rectangular wire method Induction motors Gear-integrated Number of pieces rotor shaft Compact Cumulative produced magnetic rotor number of pieces (ten thousan
Slide 7: Growth Strategy for Electrification
Aisin Group’s CASE Strategy Growth Strategy for Electrification Gathering strengths of the Toyota Group and offering Systems to the customers in the world Established customer channel Customers relationship Motor Gearbox Inverter ＊Customers of AT business Many inquiries are received from Gathering h
Slide 8: Growth Strategy for Electrification
Aisin Group’s CASE Strategy Growth Strategy for Electrification Increasing sales sharply with various products, technological strength, and customer channel Electrification product sales plan 2020 (100M Launching eAxle for Toyota Motor’s EVs yen) 5,000 0 2019 2024 (FY) C-HR IZOA 7
Slide 9: Supply Structure Expansion
Aisin Group’s CASE Strategy Supply Structure Expansion Global expansion for sales promotion of electrification products Increasing production of electric drive units in Japan Increasing production of Cooperative Regenerative and China Brakes around the world < 2-motor hybrid transmission > China (Fr
Slide 10: Initiative for Automated Driving
Aisin Group’s CASE Strategy Initiative for Automated Driving “More Safety” “More Comfort” “More Convenience” Awareness/Recognition Priority Assessment Implementation Approach Approaches of AISIN Group 2 Implements vehicle dynamics. Practically moves the vehicle. All-around camera ■Low-speed area Tra
Slide 11: Priority Approach (1) Cabin Monitoring
Aisin Group’s CASE Strategy Priority Approach (1) Cabin Monitoring AISIN Group aims to expand sales with over 10 years-production experience. Development history of Driver Monitor System (DMS) Entering the Business-to-Business Market market with a strong need to Launching high-performance Under prev
Slide 12: Priority Approach (2) Automated Driving in a Low-speed Area
Aisin Group’s CASE Strategy Priority Approach (2) Automated Driving in a Low-speed Area AISIN Group steadily advance the development of key components toward automated driving in a low-speed area to achieve the evolved automated parking. The Intelligent world’s Parking Assist Automated Parking Autom
Slide 13: Priority Approach (2) Automated Driving in a Low-speed Area
Aisin Group’s CASE Strategy Priority Approach (2) Automated Driving in a Low-speed Area Automated parking Easy operation Shift-by-wire No shift operation required Production Cumulative Production production quantity Cumulative quantity quantity production quantity (ten thousands (ten thousands of pi
Slide 14: Growth Strategy for Automated Driving
Aisin Group’s CASE Strategy Growth Strategy for Automated Driving Increasing sales sharply with various products, technological strength, and customer channel Automated driving product sales plan FY 2020 (100M Adoption of a new automated parking technology yen) for the use for TOYOTA YARIS 2,000 1,0
Slide 15: Approach to Connected Cars and Shared Services
Aisin Group’s CASE Strategy Approach to Connected Cars and Shared Services AISIN Group provides services and contents staying present to people and society with connected technologies and in-vehicle systems. ▶ Forwarders・Retailers・Mobile operators・Parking lot operators・Car- sharing operators Locatio
Slide 16: Optimization of Fixed Cost
Efforts for Strengthening Company Structure Optimization of Fixed Cost Detailed Action Plan for achievement of the goal Target of reducing the fixed cost (except development and depreciation costs) Fixed cost increasing along More than Action Plan with increase of • Management foundation for the fut
Slide 17: Management Integration of Aisin SEIKI and Aisin AW
Change from Federal Management to Group Management Management Integration of Aisin SEIKI and Aisin AW Integration of Aisin SEIKI and Aisin AW Integration (1) Aisin AW itself acquires all of the Aisin AW shares owned by TOYOTA Steps (2) Integration of Aisin SEIKI and Aisin AW on an equal basis (April
Slide 18: Improving Efficiency of Management Cost by Integration
Change from Federal Management to Group Management Improving Efficiency of Management Cost by Integration Improving efficiency thoroughly by integrating the inefficient management departments of the Federal Management • Gathering and Integrating the administration functions such as accounting, perso
Slide 19: Integration Synergy in Business
Change from Federal Management to Group Management Integration Synergy in Business Strengthening competitiveness and proposal for CASE by integration Procurement Development engineering Production Production Logistics Improving development capabilities and abilities to make proposals by utilizing th
Slide 20: Business Scrap & Build Work
Efforts for Strengthening Company Structure Business Scrap & Build Work Identifying the non-profitable products to be scrapped for allocating the development resources As is 6.0% 6.3% Development cost to sales Improving efficiency by developing ratio digitally 4.7% 5.4% 5.3% Development cost Shiftin
Slide 21: Establishment of Lean Management Structure
Efforts for Strengthening Company Structure Establishment of Lean Management Structure Identifying the items (in 74 companies) that can be integrated functionally and starting the implementation phase Eliminated/Co Example: Improving efficiency by Improving nsolidated Target efficiency of among inte
Slide 22: Establishment of Lean Management Structure
Efforts for Strengthening Company Structure Establishment of Lean Management Structure Reviewing all the business operations and improving efficiency thoroughly Shortening largely the time for development and production preparation Reducing the logistics cost and the rent Promoting digital developme
Slide 23: For Achievement of the Midterm Business Plan
Overall For Achievement of the Midterm Business Plan FY2020 at the bottom, We will target for over 7% Operating Profit Rate on FY2024 (trillion yen) Sales of CASE product Sales of existing products 5 Operating Profit Rate 12% ROE 4 10% 8% 3 6% 2 4% 1 2% 0 0% FY2017 FY2018 FY2019 FY2020 FY2024 22
Slide 24: For a Better Tomorrow
For a Better Tomorrow \ AISIN Group