2030日本五十铃转型战略规划-2025-06-商用车_44页_3mb

Isuzu Transformation and Growth Strategy Summary

Overview

This report outlines Isuzu Motors' strategic transformation titled "ISUZU Transformation — Growth to 2030" with a focus on evolving from a vehicle manufacturer to a solutions provider by addressing diversifying customer needs and changing business environments. Based on the previous Mid-Term Business Plan, the vision for 2030 emphasizes innovation, reliability, and creativity, with key investments in emerging technologies.

Previous Mid-Term Business Plan Review

• Foundation established for a leading global company through successful initial plan achievement and business expansion.
• Key strategies included expanding current businesses, enhancing products and sales, improving profitability, and pursuing synergies with alliances like Cummins.
• Notable achievements: Dividend payout ratio ≥ 40%, share repurchases, new product launches, and operational controls.
• Compared estimated targets to actual results, demonstrating progress in areas like connected services and autonomous driving technology.

Vision for 2030

• Aspire to become a solutions company by offering innovative "Transport" and "Mobility" solutions with "Reliability x Creativity."
• Targets include achieving sales of 6 trillion yen and 850,000+ unit sales by 2031, with growth in commercial vehicles (CV) and light commercial vehicles (LCV).
• Focus areas: Decarbonization, autonomous driving, connected services, collaborative open innovation, and enhancing shareholder returns through sustainable practices.

Development of New Businesses

• Strategic investments of 1 trillion yen in innovation by 2030 to drive new businesses like autonomous driving and carbon-neutral solutions.
• Key initiatives: Achieving Level 4 autonomous driving, deploying connected services, and expanding affordable BEV options across vehicle categories.
• Timeline: Deployment of autonomous driving and connected services; multi-pathway carbon-neutral solutions targeting 2030 for markets like Japan and Thailand, with peripheral businesses like swappable batteries and energy storage.

Strengthening Current Businesses

• Goal to increase CV and LCV unit sales in growing markets, leveraging Isuzu and UD synergies.
• Venues: Expansion in Asia, Middle East, Africa, Latin America, and strengthening in developed markets via common platforms and specified power sources (ICE, BEV, FCEV).
• Aftersales services: Deployment of uptime support overseas and maintenance leasing to boost reliability.

Market and Monozukuri Base Strategy

• Prioritize regions like Japan, US, and ASEAN for investment, with strategic bases in Africa and India for future growth.
• Global production capacity enhancements, generic human capital with global perspective, and manufacturing modernization.
• Monozukuri strengths: Utilize generative AI, address labor shortages, and maintain supply chains for reliable transport.

Financial Policy

• Aim for sustainable growth with consistent dividend payout (≥40%), share buybacks, and R&D investments.
• Financial targets: Operating income ratio ≥10%, ROE ≥15%; capital investment of 650 billion yen in 2024, escalating to support innovation and digital transformation (DX).

Establishing Management Foundation

• Transition to human capital management based on ISUZU ID's vision and mission.
• Initiatives: Global talent recruitment, fair evaluation, development of DX capabilities, and fostering a culture of innovation.
• Assurance for stakeholder returns and brand value through engagement programs.

Key Challenges and Prioritization

• Adapting to decarbonization, cost reductions for xEVs, and technological disruptions; balanced revenue growth with innovation investments.
• Focus on ESG perspectives, stakeholder engagement, and human capital for transformation realization.

Forward-Looking Commitments

• Isuzu ID reinforces reliability and creativity for leadership in autonomy, clean mobility, and societal contribution.
• Long-term projections involve global presence, increased unit sales, and brand recognition as part of global influence.