OKI Group
Innovation and Technology Strategy Meeting
Innovation Strategy
Yuhiko Fujiwara
Executive Officer
Chief Innovation Officer
Responsible for Innovation Business Development Center
November 16, 2023
© Copyright 2023 Oki Electric Industry Co., Ltd.
Contents
01
02
03
04
Entering New Business Domains
Full Participation Innovation
Creation of Future Businesses (Four Focus Domains)
Summary
© Copyright 2023 Oki Electric Industry Co., Ltd. | 2 |
01
Entering New Business Domains
© Copyright 2023 Oki Electric Industry Co., Ltd. | 3 |
01 Entering New Business Domains
(Billions of yen)
Social Issues
Innovation Domains (incl. Global) | ||||
¥50.0-100.0bn | ||||
Pursuing New | • Logistics | |||
• Advanced Remote | ||||
Businesses | ||||
Operations | ||||
• Healthcare / Medical | Growth | |||
• CFB | ||||
Businesses | ||||
Existing Domains | ||||
450 | (new) | |||
Existing Domains | Core | |||
Businesses | ||||
FY2019 | FY2022 | FY2025 | FY2031 | |
© Copyright 2023 Oki Electric Industry Co., Ltd. | 4 |
01 Future Trends: 2031 Market Trends
- Creation of customer value across domains and optimization of whole society through data distribution and integration
- Accelerated commercialization of remote operations utilizing a variety of sensors, robots, and mobility to complement labor shortages
Transportation | Logistics | Distribution | ||
Low-carbon,congestion-free, | Multimodal | Route optimization, | Automation of last mile, | D2C |
transportation | ||||
traffic congestion control, | ||||
and safe transportation | services | |||
green logistics | ||||
Road and traffic monitoring
by robots
Healthcare / Medical care Retail warehouse
Data distribution and integration | Health | automation |
management | ||
Cross-domain | Treatment | |
customer value creation | ||
apps |
Social sensing of | Drone delivery | ||||
Emergency transport | |||||
disaster information | |||||
for outlying islands Smart factories | |||||
personal | |||||
Automation of retrofitting | |||||
health records | |||||
Drone and robot | EV | Wide-area monitoring and | |||
Advanced use of | Structural maintenance | stations | batteries | disaster prevention services | |
renewable energy | with drones | Disaster | |||
Infrastructure | Use of | Manufacturing | |||
satellites | Prevention | ||||
© Copyright 2023 Oki Electric Industry Co., Ltd. | 5 |
01 OKI's Target Business Domains
OKI Businesses: Existing, New, and Cross-Domain | ||
Existing Domains | New Domains | |
Transportation | Regional | Logistics |
Rail, air, public | Local government | Warehousing, freight |
transportation, traffic | bodies, firefighting, | forwarding |
information systems | flood control | (land/marine), other |
services | ||
Manufacturing | Construction | Healthcare |
Infrastructure | ||
Electricity, gas, | Health, exercise | |
Smart factories, | diet, medical, | |
water, roads, | ||
EMS/DMS | care services, | |
bridges | ||
pharmaceuticals | ||
Finance/ | Ocean | |
Distribution | ||
ATMs, sales | Defense, | |
branches, payment | ||
underwater | ||
terminals, cash | ||
acoustics, marine | ||
processing machines, | ||
data, infrastructure | ||
printers | ||
Cross-Domain Businesses | ||
Advanced Remote | Reduction of | |
Operations | CO2 Emissions | |
Remote monitoring, | Cross-domain | |
operation, | Direct and indirect | businesses not tied |
maintenance, security, | decarbonization | to any specific |
domain | ||
facility management | contribution services | |
automation |
Cross-Domain through data utilization | ||||
Domains | ||||
Transportation/ Manufacturing Distribution | Disaster | Infrastructure | Ocean | Healthcare |
Logistics | Prevention | |||
Logistics: Improving Delivery Efficiency | ||||
Logistics: Warehouse Enhancement | Ocean | Healthcare / | ||
Infrastructure Monitoring | ||||
Reduction of CO2 Emissions | ||||
Medical | ||||
Engineering Chain | ||||
Advanced Remote Operations | ||||
CFB |
OKI's Strengths
High-Grade Network | Real-Time Interaction | |||||||
Value Creation through Multi-Linkage | ||||||||
Toughness | AI | Data Management | ||||||
© Copyright 2023 Oki Electric Industry Co., Ltd. | 6 |
01 OKI's Target Business Domains (Domains Where Capital Will Flow)
- Business creation in four domains (logistics, healthcare/medical care, advanced remote operations, and CFB) where capital will flow in 2031
- Aiming to expand business with an edge platform that leverages "market growth potential X OKI's strengths"
OKI's Future Business Targets (Four Focus Domains) / Focus Domains for Innovation
High
2 | |
Technological | Med. |
Advantages | Low |
Ocean | • Expansion of industry-academia | ||||||
collaboration and co-creation | |||||||
Infrastructure | ¥1.08 trillion • | ||||||
Collaboration with startups | CFB | ||||||
Monitoring | • | Open-close strategies, etc. | |||||
¥1.6 trillion | ¥16.0 trillion | ||||||
Focus Domains | Advanced | ||||||
Immature Domains | Remote | ||||||
Operation | |||||||
("Pink Ocean") | Healthcare/ | ¥3.0 trillion Logistics | |||||
Enhancement | |||||||
Medical care | Shipping | ||||||
of | Efficiency | ||||||
Logistics | ¥5.9 trillion | ||||||
Warehouses | ¥5.8 trillion | ||||||
Engineering Chain | ¥2.3 trillion | ||||||
Market entry through co-creation with partners | |||||||
¥530.0 billion | |||||||
Reduction of
CO2 Emissions
¥2.6 trillion
Low | Med. | High |
1 Growth potential due to market changes
*Circle size represents the market size forecast for 2031. **Circle position is based on current simplified estimates.
© Copyright 2023 Oki Electric Industry Co., Ltd. | 7 |
02
Full Participation Innovation
© Copyright 2023 Oki Electric Industry Co., Ltd. | 8 |
02 Creating Future Businesses: Value Creation Strategies
- Strengthen sources of value both externally and within the company
Internal strengthening | Solving social and | |||||||
customer issues | ||||||||
Business model transformation | ||||||||
Company-wide innovation activities to | Edge solutions using AI and IoT | |||||||
promote DX | ||||||||
Full Participation | Edge Platform |
Innovation | • AI Edge Computing |
• Yume Pro activities | • Data management |
• IMS(ISO56002) adoption and expansion | • Solutions in each area |
• Implementation and globalization |
Organizational transformation | Creation of new solutions | ||||||
Productivity | Competitiveness | ||||||
strengthening | improvement | ||||||
Operational process transformation | Enhancement of existing solutions | ||||||
Strengthen Mono-zukuri infrastructure | Products and services to | ||||||
to become manufacturing platformer | help customers DX | ||||||
Strengthening | Shift to front-office processing | ||||||
Mono-zukuri infrastructure | • New IoT Products | ||||||
• Virtual One Factory | Business process services | ||||||
• Portability, smart factories | |||||||
• Environmental measures (ZEB/ZEF) | • Comprehensive Mono-zukuri services | ||||||
Business process transformation | • Recurring/ BPO services | ||||||
© Copyright 2023 Oki Electric Industry Co., Ltd. | 9 |
02 OKI's Vision for the Future
Number of innovations created
All members willingly take on the challenge of innovation and "Delivering OK! to your life."
FY2025 Quality and quantity
improvement of results
Acquisition of
IMS certificate
Accelerate
FY2023 practice mode
Full-scale IMS operation
Contribution to global society
FY2031
Sustainable growth
IMS penetration
Acting with IMS in mind | Growth of "swimmers who can make it to the finish" | Acting on a global scale |
*Innovation Management System (IMS): A management system that promotes innovation at companies and other organizations.
**"Swimmers who can make it to the finish": A team of strong-willed innovation practitioners who continue to drive the innovation process.
***Number of innovations created: Number of companywide innovation projects that have progressed to the solution implementation step.
© Copyright 2023 Oki Electric Industry Co., Ltd. | 10 |
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Oki Electric Industry Co. Ltd. published this content on 27 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 November 2023 08:10:27 UTC.