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Mikuni CEO Ikuta: "We will not imitate our rivals” - Focusing resources to leverage strengths
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Exclusive Interview
Mikuni Corporation
Mr. Hisataka Ikuta, President, CEO & COO
Table of Contents
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Vision 2033, the path Mikuni, a 100-year company, should take
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Bringing carburetor technology to the next generation of thermal management
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"We will not use the same methods as China, but will improve speed through our own development process."
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Relationship with Suzuki: From "supply" to "joint development"
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India is growth, China is selection and concentration, North America is niche "India is our growth engine”
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"Create value that earns the trust of our customers."
About This Interview
Mikuni (Mikuni Corporation), which celebrated its 100th anniversary in 2023, has set forth its “Vision 2033” plan for the next 100 years, outlining a commitment to strengthening its competitiveness and pursuing growth in areas that leverage the company’s unique strengths, and is moving forward with initiatives to achieve these goals. In its mobility business, the company is advancing its efforts to respond to electrification while also working to strengthen its management foundation through the development of global business, manufacturing, and human resources and organizational development.
As the competitive landscape of the automotive industry undergoes significant changes, how does Mikuni view its strengths, and in which areas does it aim to grow moving forward? Furthermore, how does the company plan to transform its approach to development, manufacturing, customer relationships, and global expansion? We spoke with Mr. Hisataka Ikuta, President, CEO & COO of the Mikuni Corporation Group.
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Question List
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About This Interview
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Q1As the competitive environment in the automobile industry is changing drastically, how will you leverage your strengths?
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Q2What initiatives are you currently undertaking to realize your long-term management vision, Vision 2033?
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Q3How do you perceive your company's strengths, and in what business areas do you plan to leverage them going forward?
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Q4You have set a goal of shortening development lead times. What initiatives are you taking to achieve this?
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Q5What does the relationship with Suzuki Motor Corporation mean to your company?
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Q6How do you see the areas that only a mid-sized, independent manufacturer can target?
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Q7As you expand into new areas such as thermal management, how do you envision collaboration with other companies and your domestic supply chain?
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Q8How does your company position the Indian market, which is expected to see significant growth in the future?
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Q9Are there any examples of collaborations between the Indian and Japanese offices? Also, how do you envision growing your Indian business in the future?
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Q10In terms of sales outside Japan, China and North America follow India. How do you position each of them?
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Q11What kind of company do you envision Mikuni becoming in 10 years?
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Editor's note
News Related to Mikuni Corporation
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Mikuni to develop thermal management module for electrified vehicles
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Mikuni: alleged misconduct at Taiwanese subsidiary; former employee embezzles about JPY 487 million
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Mikuni to strengthen electrified vehicle product business by cultivating thermal management-related field
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Mikuni to strengthen R&D in India for quick response to customers
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