Toyoda Gosei - TGOSY STOCK NEWS

Toyoda Gosei has developed the world’s first automobile emblem that is transparent to millimeter wave radar and luminescent, set to debut on the new Lexus RZ battery electric vehicle (BEV) from Toyota. The emblem combines advanced metallic painting and optical design technologies, allowing it to serve a dual purpose: providing an attractive metallic finish while indicating the vehicle's charging status. This innovation solidifies Toyoda Gosei's commitment to integrating aesthetic design with advanced automotive functions. The company was recognized with the CE Special Award at the Toyota Motor Corporation Project Awards for this achievement.

Toyoda Gosei has developed an innovative LED lamp unit for vehicle interiors, projected to enhance aesthetics in the new Lexus RZ electric vehicle. This unit incorporates a decorative plate that creates attractive patterns, offering a refreshed nighttime ambiance. Utilizing advanced optical technology, the lamp minimizes passenger shadows and can present various colors and designs, tailored to different interior materials, which adds to design diversity across vehicle grades.

Toyoda Gosei Co., Ltd. (TOKYO:7282) is expanding its production capacity at GDBR Industria e Comercio de Componentes Quimicos e de Borracha Ltda. in Brazil to meet increasing demand for airbags and other safety systems in South America.

The initiative includes building expansion and installing new production equipment, with an investment of BRL56 million (approximately JPY1.4 billion). The facility, established in 2015, focuses on automotive parts, particularly interior and exterior products and safety systems.

Toyoda Gosei Co., Ltd. has launched a large high-pressure hydrogen tank, responding to the growing demand for fuel cell vehicles, particularly for light-duty fuel cell electric trucks developed by Commercial Japan Partnership Technologies Corporation (CJPT). These new tanks can hold approximately eight times more hydrogen than those currently used in the Toyota Mirai. The development builds on technologies refined with Toyota for efficient hydrogen storage. As fuel cell trucks become more prevalent, these tanks are essential for achieving longer driving ranges and faster refueling.

Toyoda Gosei has launched a compact wireless smart phone charging holder for automobiles, designed for the new Toyota Prius. This innovative holder allows for effortless charging by simply placing the smartphone in the holder. The new design is approximately 60% more compact than its predecessor and features a support mechanism that positions the smartphone for optimal charging. Toyoda Gosei was awarded the CE Special Award from Toyota at their Project Awards for this product, which enhances placement flexibility within vehicles. The company aims to continue developing high value-added products that integrate electronic components with their rubber and plastic technologies.

Toyoda Gosei has launched an innovative LED driver alert lighting system designed to enhance safety by visually alerting drivers in critical situations. This system, featured in the new Toyota Prius, provides a brighter alert—approximately 30 times stronger than conventional decorative lighting—directed towards the driver’s seat to increase visibility, even during daytime. The technology combines Toyoda Gosei's expertise in rubber and plastic technology with electronic components, aiming to create secure mobile environments by improving communication between vehicles and occupants.

Toyoda Gosei Co., Ltd. announced plans to enhance production capacity at its Neemrana Plant in India to meet the increasing demand for airbags due to stricter safety regulations. The expansion aims to address the growing need for both driver and passenger airbags, as well as side and curtain airbags for enhanced occupant protection. The company's focus on India, a key market with rising automobile production, reflects its strategy to adapt to customer procurement needs swiftly. The expansion will increase the building area from approximately 21,000 m² to 35,000 m², with operations slated to commence in September 2024, backed by an investment of JPY2.2 billion.

Toyoda Gosei Co., Ltd. has introduced a cellulose nanofiber (CNF)-reinforced plastic for use in lightweight product transport containers, initiating usage in its manufacturing plants from September. This innovation aims to reduce CO₂ emissions in automotive parts, as CNF is lighter and stronger than steel. The new containers are 6% lighter than prior versions and are projected to decrease CO₂ emissions by 6% over their lifecycle. The company plans to gather data to explore further applications of this material in automotive products.

Toyoda Gosei East Japan has commenced production of large plastic automotive parts at its Miyagi Ohira Plant in July 2022. This facility will manufacture front grilles and other components, enhancing competitiveness by localizing production close to its customer, Toyota Motor East Japan. The smart factory employs energy-efficient technologies and supports Toyoda Gosei's network in Tohoku, where Toyota produces compact cars. The Miyagi Ohira Plant covers approximately 34,000m² and will initially employ 39 workers.