On February 12, 2025, Musashi Seimitsu Industry Co., Ltd. (Headquarters: Toyohashi, Aichi Prefecture President and CEO: Hiroshi Otsuka) held an online financial results briefing for institutional investors.
During the briefing, the company reported several important business topics. In its core automotive parts business, sales expansion of EVs for Chinese car manufacturers in the Chinese market has accelerated, and that sales for BYD, in particular, have grown significantly since 2023.
In a new business field of the Energy Solution business, inquiries for hybrid supercapacitors (HSC) from the United States and China have been increasing, and that shipments of the products to AI data centers have started earlier in order to meet robust customer demand. In addition, the company is expanding the capacity of its Hokuto Plant to meet rapidly accelerating customer demand, and that it is moving ahead with a schedule to start operation of its new South Alps Plant in September 2026.
Musashi Seimitsu Industry Co., Ltd. FY2024 Q3 Financial Results Briefing
https://contents.xj-storage.jp/xcontents/72200/9b51e39c/a725/4516/8209/95ad24ac84ff/20250214202653559s.pdf
During the briefing, the company reported several important business topics. In its core automotive parts business, sales expansion of EVs for Chinese car manufacturers in the Chinese market has accelerated, and that sales for BYD, in particular, have grown significantly since 2023.
In a new business field of the Energy Solution business, inquiries for hybrid supercapacitors (HSC) from the United States and China have been increasing, and that shipments of the products to AI data centers have started earlier in order to meet robust customer demand. In addition, the company is expanding the capacity of its Hokuto Plant to meet rapidly accelerating customer demand, and that it is moving ahead with a schedule to start operation of its new South Alps Plant in September 2026.
Musashi Seimitsu Industry Co., Ltd. FY2024 Q3 Financial Results Briefing
https://contents.xj-storage.jp/xcontents/72200/9b51e39c/a725/4516/8209/95ad24ac84ff/20250214202653559s.pdf
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Our company commits to disclose corporate information such as management strategies and financial conditions to our stakeholders in a manner that respects timeliness, fairness, accuracy, and continuity. Based on this basic policy, we will continue to provide investors with information that our company has verified as reliable in a timely way including at future financial results briefings and other occasions.
【About Musashi】
Musashi Seimitsu Industry is developing, manufacturing, and selling next-generation powertrains, steering, and chassis components for automobiles and motorcycles on a global basis, with a view to electrification and autonomous driving. In the new business area, we are expanding our e-mobility business, smart industry business, energy solutions business, and plant biotechnology business by utilizing open innovation.
Website: https://www.musashi.co.jp/en/
Our company commits to disclose corporate information such as management strategies and financial conditions to our stakeholders in a manner that respects timeliness, fairness, accuracy, and continuity. Based on this basic policy, we will continue to provide investors with information that our company has verified as reliable in a timely way including at future financial results briefings and other occasions.
【About Musashi】
Musashi Seimitsu Industry is developing, manufacturing, and selling next-generation powertrains, steering, and chassis components for automobiles and motorcycles on a global basis, with a view to electrification and autonomous driving. In the new business area, we are expanding our e-mobility business, smart industry business, energy solutions business, and plant biotechnology business by utilizing open innovation.
Website: https://www.musashi.co.jp/en/