JTEKT 60th Anniversary in Thailand and Future Strategy

MGR Online•Economy•8h ago

Reader Briefing

JTEKT marks 60 years of operation in Thailand by positioning the country as a key production hub for the Asia Pacific region amidst the shift toward electric vehicles.

•JTEKT is transitioning from a parts manufacturer to a Solution Provider utilizing AI, Automation, and Smart Manufacturing.
•JTEKT targets a 60% reduction in CO2 emissions from production activities by 2030 compared to fiscal year 2013.
•JTEKT identifies India, ASEAN, and the Global South as high-potential growth areas for the next 5–10 years.
•JTEKT Thailand received the Thailand Energy Award in 2025 and 2026, and the ASEAN Energy Award in 2026.

Overview

•JTEKT has operated its business in Thailand for 60 years and views Thailand as a critical production base in the Asia Pacific region.
•Toshiaki Shinya stated that the global industry will face structural changes driven by Electrification, Automation, Digital Transformation, and Sustainability over the next 5–10 years.
•JTEKT is investing in Electrification, advanced steering systems, Smart Bearings, AI, Digital Engineering, and Smart Manufacturing to create new growth engines.
•Yoshikazu Morino noted that the transition to electric vehicles (EV) is a comprehensive industry shift rather than just a change in power systems.
•JTEKT Thailand focuses on three main areas: Productivity, Cost Reduction, and Carbon Reduction.
•In fiscal year 2024, JTEKT reduced CO2 emissions from production by 43.6% at the company level and 36.3% at the group level.
•JTEKT aims to achieve Carbon Neutrality in its production processes by 2035.

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Key Quotes

Masatsugu Iwaki

"JTEKT's 60-year journey in Thailand has been possible due to strong trust and cooperation; from now on, we wish to continue growing alongside Thailand."

เส้นทาง 60 ปีของ JTEKT ในประเทศไทยเกิดขึ้นได้ด้วยความไว้วางใจและความร่วมมืออันแข็งแกร่ง จากนี้ไป เราปรารถนาที่จะเติบโตเคียงข้างประเทศไทยต่อไป

Key Entities

Organization

JTEKTℹ️

A global company celebrating 60 years of operation in Thailand and transitioning toward becoming a Solution Provider.

JTEKT Corporation

The corporate entity whose Senior Executive Officer is Toshiaki Shinya.

JTEKT Asia Pacific Co., Ltd.

The regional entity led by President Yoshikazu Morino.

JTEKT (Thailand) Co., Ltd.

The Thailand-based production base led by President Masatsugu Iwaki.

Person

Toshiaki Shinya

Senior Executive Officer of JTEKT Corporation.

Yoshikazu Morino

President of JTEKT Asia Pacific Co., Ltd.

Masatsugu Iwaki

President of JTEKT (Thailand) Co., Ltd.

Place

Thailand(ประเทศไทย)ℹ️

A key production base for JTEKT in the Asia Pacific region.

Asia Pacific(เอเชียแปซิฟิก)ℹ️

The region where Thailand serves as a critical production area for JTEKT.

India(อินเดีย)ℹ️

An area identified by JTEKT as having growth potential for the next 5–10 years.

ASEAN(อาเซียน)ℹ️

A region identified as a growth area and a market served by JTEKT Thailand.