In fiscal 2015, overall revenues decreased. Despite an increase in sales of various sensors and controllers on the back of the growing trend toward electronically controlled devices, this downturn was largely attributable to a decrease in vehicle production in Japan.

Amid the accelerating pace of in-car electronic installations, we will undertake the further standardization of platforms in the development process to enable us to respond to wide-ranging demand. We will also contribute to the development of groundbreaking new products in the environmental, safety, and security fields. For example, we are making progress with the development of an electronic control unit (ECU) that contributes to improved fuel economy by electronically controlling, to a high degree of accuracy, the amount of fuel in the injectors. We will also assist in improvements in value added as well as in cost and unit size reductions by developments that include the integrated starter generator (ISG), which features modularized actuators and sensors.

We will enhance sales to our principal overseas customers and to emerging countries going forward. By strengthening our advanced technology development network in Europe in particular and also by the localization of product design in that region, we are working to set our products apart by development that has a sense of speed and the creation of regionally optimized products.