Aiming for the creation of new businesses

The TATSUTA Electric Wire & Cable Group is aiming to build new business pillars succeeding
the core electric wire and cable business and functional films business.

Co-creation with Startups

We engage in open innovation to swiftly expand our fundamental technologies, which are the key to new business creation. As part of this initiative, we actively promote partnerships with startups that develop/possess differentiating technologies that match our business direction and will contribute to resolving social issues. Currently we are engaged with seven companies.

Major initiatives in the fiscal year ended March 31, 2023

SIRC Co., Ltd.

A company that provides DX solutions using multi-functional sensors.

Proof of concept

In November 2022, we conducted a proof of concept on SIRC’s new product, an IoT electric power sensor unit, at our Osaka Works.
Copprint Technologies Ltd.

A company that develops Nano Copper inks that allow low-temperature sintering.

Copprint’s pilot production facility

In January 2023, we signed a strategic agreement with Copprint under which TATSUTA will manufacture Nano Copper inks in Japan based on Copprint’s patented technology. We also made a supplementary investment in Copprint. (January 31, 2023 news release)
Man-Machine Synergy Effectors, Inc.

A company that aims for social implementation of human-like heavy machinery based on state-of-the-art robotics technologies.

Demonstration

In March 2023 at our Osaka Works, we conducted a demonstration of “JINKI Cart Ver.1.0” a general-purpose device that aims to resolve the issue of transporting heavy items.

Establishment of New Business Development Department

In April 2023, we reorganized and established the New Business Development Department by spinning off the business development functions of the Corporate Planning and Coordination Department. From a company-wide and medium- to long-term perspective, this department will focus on initiatives such as deepening partnerships with existing investment targets, discovering new partnership possibilities, considering and promoting M&A, and creating a framework for new business creation, as well as expedite new business creation with the Technology Development Center, which was transferred to the head office divisions.

MessageMessage from the Officer Responsible for New Business Development Department

We are actively collaborating with startups. A demonstration project started in FY2022, and we expect to see its results going forward. The New Business Development Department is dedicated to the development of new businesses. We will examine various possibilities, such as by grasping global trends and needs, searching for business partners, and utilizing the tangible and intangible assets (products, technologies, knowhow, customer base, etc.) which we have cultivated over the years, and take on the challenge of developing businesses that will become TATSUTA’s new pillars over the medium to long term.

Masayuki NakamuraSenior Executive Officer