Message from Hiroshi Ogasawara

 

 

Through the i3-Mechatronics solution concept, we aim to provide customers with improved value and continuously increase corporate value while realizing the group’s mission.

Since its establishment in 1915, Yaskawa has defined its business area as “electric motors and their applications,” supporting leading-edge companies with our products and technologies. With the corporate creed of “a technology-driven company,” we have put forward the concept of “mechatronics*, ” the basis of business, ahead of the rest of the world. We are committed to being world leaders in developing innovative technologies and products and consistently place quality first through effective management.

The Yaskawa Group executes the group mission statement of “Contributing to the Social Development and the Well-Being of Humanity through the Implementation of Business” by improving worldwide manufacturing quality and production efficiency, solving customers’ management and environmental issues.

In recent years, expectations have increased that the Yaskawa Group, as a forerunner with products such as servos drives and industrial robots, will address labor savings amid labor shortages and ensure stable production amid the COVID-19 pandemic. At the same time, manufacturing industries worldwide are undergoing rapid changes, including advances in management and production that use digital data and artificial intelligence (AI).

Against this backdrop, our group has been promoting the “i3-Mechatronics” solution concept since 2017. The “i3” refers to the three “i’s”: integrated, intelligent, and innovative. In addition to present-day factory automation using AC servomotors, AC drives, and industrial robots, we are working on utilizing digital data generated when machines and equipment are operated. Through this, we will provide customers with improved value through increased productivity, ensuring high quality, aiming for a continuous line of predicting equipment breakdowns.

As an internal practice at i3-Mechatronics, we promote the integration of functions in the group’s technology development, manufacturing, and sales. One of these efforts involve the integration of technology development functions. In September 2021, the Yaskawa Technology Center was put into full operation as a technology development hub covering all aspects from design and prototyping through production line construction. We aim to develop more competitive products by establishing a technology development structure that quickly responds to customer demands and promotes open innovation.

In our long-term business plan, Vision 2025, we set “factory automation and optimization” and “application of mechatronics” as our business domains with mechatronics, with operating profit as an essential management indicator for financial targets. As one of the measures to achieve this target, we have been promoting YDX (Yaskawa Digital Transformation) since 2020 to visualize management information and unify global data for the technology development, manufacturing, and sales in the Yaskawa Group. We are also incorporating the SDGs into our management strategies to achieve sustained growth in corporate value. For example, on the environmental front our power-conversion technology contributes greatly to CO2 reduction by helping various industries save energy and utilize renewable energy.

In fiscal 2022, we intend to steadily capture demand by stepping up our efforts to address growing markets, such as EVs, semiconductors, and 5G-related products. We will pursue creating a business model that contributes to the progress of a sustainable society toward the realization of the Group’s Mission.
We ask all of our stakeholders to keep an eye on our group’s sustainable growth and continue to support the group.

  • * A concept that merges mechanism and electronics. In the late 1960s, Yaskawa Electric introduced this concept with the idea that customers’ machinery and our electrical products could be combined to achieve higher performance.

Hiroshi Ogasawara,
Representative Director
Chairman of the Board
President,
YASKAWA Electric Corporation

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