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Latest Update : Sept.10, 2024
Back to Financial Results (FY3/2025)
Investor Web Presentation for 1Q FY 3/2025 held on August 2, 2024
We would like to discuss three major topics for Access Solutions (AS).
First, automotive devices (such as MITSUMI antennas) have been in the red for a long time, but now that we can consistently generate operating income of 5% or more, they are finally blossoming and have become very exciting.
Second, the former Honda Lock-affiliated plant in the U.S. has returned to profitability. Although our customers are having a hard time in China and our parts suppliers have been affected to no small extent, we are now in a position to offset the decline in China with the growth of in-vehicle devices and the return to profitability in the U.S.
Third, BMW has adopted our wing handles. Many of you have asked us why we entered the Access Solutions business, and we have explained that there is a technology change in this field and that it will become an electronic device part. This case is our answer to that question.
This is exactly what our corporate slogan states, "Passion to Create Value through Difference". We have made a difference by INTEGRATION.
Access products for luxury vehicles will continue to change. We are very excited to be a part of that.
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