Priority issue 01

Contribute to Innovation and Industrial Growth

Priority issue 01 Contribute to Innovation and Industrial Growth | TOYO CorporationPriority issue 01 Contribute to Innovation and Industrial Growth | TOYO Corporation

Our Vision

In order to realize the society where people live more comfortable life and all social issues are solved, as stated in “Society 5.0”, technology innovation and industry development are essential. In a number of technical fields and industries, we continue to support global technology innovation and industry development by providing companies and research institutions with complete solutions based on “measurement” technologies. In addition, through collaborative work with various global partners, we contribute to innovation by generating unconventional ideas.

Activity Targets

1.Assist Development for Next-
Generation Mobility and
Telecommunication

To realize next-genaration mobility including autonomous driving or 5G/6G telecommunication, we look ahead to catch the development needs in each industry and make proposals combining leading-edge solutions and our high-level expertise. This way, we support the global technology development.

2.Accelerate Open
Innovation

With the technology skills and development capabilities which we have cultivated over many years, we accelerate the development of in-house products and solutions, and will achieve greater innovation together with our worldwide partner companies and research institutes.

3.Encourage Leading-edge
Technology

By providing technical seminars and product trainings in which we can widely share our knowledge and expertise in most advanced technologies, we contribute to further growth throughout the industry. The effective use of online tools allows greater flexibility for our customers, and enables us to provide information much faster and more efficiently.

4.Reinforce High-quality and
High-performance organization

We will enhance our technical support organization in order to provide leading-edge technology at a higher quality level. We will also strengthen our management system to guarantee high level of quality and performance.

Related SDGs

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Action plan

1.Assist Development for Next-Generation
Mobility and Telecommunication

Specific activities

  1. Provision of performance evaluation for next-generation telecommunications
    equipment and solutions for developing DX (digital transformation)
  2. Provision of various development and evaluation tools for evaluating autonomous driving and advanced driver assistance systems

KPI up to the fiscal year ending September 2024

  1. 20% increase in sales of products and solutions for the promotion of R&D in the ICT field, including next-generation telecommunications and DX, compared to the fiscal year ended September 2021
  2. 200% increase in sales of products and solutions for the promotion of R&D of advanced driver assistance systems to realize autonomous driving, compared to the fiscal year ended September 2021
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2.Accelerate
Open Innovation

Specific activities

Provision of AI solutions that reduce the burden of trial-and-error operations
Promotion of open innovation with universities and research institutes
Development of in-house original products

KPI up to the fiscal year ending September 2024

Launch of 10 products including in-house original new products and customized products by accelerating open innovation and providing innovative proprietary solutions

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3.Encourage
Leading-edge Technology

Specific activities

Organization of various events, seminars, and technical training sessions related to cutting-edge technologies, including those online

KPI up to the fiscal year ending September 2024

Contribution to further development of the entire industry and dissemination of cutting-edge technologies by using online events more effectively and by sharing knowledge and trends of cutting-edge technologies and advanced measurement technologies with society at large

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4.Reinforce High-quality and
High-performance Organization

Specific activities

Training of engineers who can provide advanced solutions with high quality
Improvement of technical support and after-sales service in compliance with ISO 9001
Incoming inspections, calibrations, and logistics functions to be performed at one site

KPI up to the fiscal year ending September 2024

Overall average rating of 4.5 or above in the results of technical service/support questionnaire on a five-point scale

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