ISUZU
TRANSFORMATION
2030
Transforming into a commercial mobility solutions company
Toward 2030, Isuzu Group will expand its business model to a new solutions business approach. In order to achieve this, the Group aims to become a commercial mobility solutions company that addresses challenges faced by customers, society, and all other stakeholders, by driving the expansion of current and future businesses.
Vision for 2030
Isuzu aims to transform
the business model and
become a solutions company
who can offer solutions to
customers and society facing challenges through transport
with "Reliability x Creativity".
| Financials | Sales 6 trillion yen Operating income ratio Over 10% |
Growth investments for the 2030s |
Stakeholder returns |
|---|---|---|---|
| Business | New vehicle sales Over 850,000 units To support global logistics industry |
Deploy energy management business in multiple region utilizing battery as asset |
Achieve profitable level in autonomous driving solution business in both Japan and US |
| Establish management | Establishing supply chain for 1,000,000 units |
Group management from a global perspective |
Human capital management |
Development of new businesses to drive innovative transport
Isuzu Group will accelerate the commercialization of innovation in three areas, laying the foundation for strong business growth in the future.
By the 2030s, the Group aims to achieve sales equivalent to 1 trillion yen from these growth areas.
From FY2028, Isuzu Group plans to launch a new Level 4 autonomous driving truck and bus business. The Group has begun acquiring autonomous driving technology and building basic services from this spring. After verification testing in collaboration with alliance partners, initial applications will include highway and hub-to-hub transportation for trucks and urban transit routes for buses, gradually starting from FY2028.
In Japan, Isuzu Group will provide services to improve operational efficiency for transport companies and shippers, and create new services by linking cross-industry data with GATEX, a commercial vehicle information platform, to address challenges faced by the logistics industry, such as a shortage of drivers. In addition, PREISM, an advanced maintenance program, and EVision, a total solution program to support the introduction of BEVs, will be made available in North America, and rolling out to major overseas markets by 2028.
By collaborating with various partners, Isuzu Group will promote CN through multi-pathway. Specifically, CN products will be added to all product categories by 2030. Furthermore, in anticipation of the expansion of CN products in the 2030s, the Group will drive the shift to a carbon neutral society by introducing price-competitive BEVs and promoting the full-scale development of peripheral businesses, such as the EVision Cycle Concept, a battery-swapping solution.
Strengthening current businesses to support reliable transport
By further strengthening its core business, Isuzu Group aims to achieve new vehicle sales of more than 850,000 units, valued at over 5 trillion yen in FY2031
CV business
Isuzu and UD Trucks (hereinafter "UD") will further accelerate the creation of synergies through joint sales and service channels as well as products, further expanding global sales.
LCV business
While increasing sales in growing markets, Isuzu will promote the diversification of power sources and the development of technologies for next-generation models toward 2030, driving business growth.
Market and Monozukuri base strategy
In Japan, the United States, and ASEAN, which Isuzu Group has identified as priority regions, the Group will continue to invest in the entire supply chain, especially in terms of increasing production capability. Furthermore, in India and Africa—strategic regions with future growth potential—the Group will make efforts to further penetrate the brand and expand its presence.
Financial policy
Aiming for a sustainable growth of corporate value, Isuzu will provide investments essential for business continuity and future growth, maintain a dividend payout ratio(average) of 40%, and continue share repurchases proactively, while maintaining an appropriate equity ratio.
| Current Mid-Term Business Plan (-FY2031)** | ||
|---|---|---|
| Profitability |
(Target for final year)
|
|
| Capital investment R&D |
(FY2024-FY2031)
|
|
| Shareholder returns | Dividend payout ratio (average) Maintain 40% Continue share buyback |
|
| Financial soundness | Maintain A rating |
|
Potential for
growth
Investment to
drive innovative transport
1 trillion yen
Investment theme
- New business creation project
- 40
- Next-generation and SDV* compliant products
- 180
- Autonomous driving technology development
and business/capital investment
Connected services evolution and expansion - 350
- Basic research and technology development for
carbon neutrality/Promotion of 2030
Environmental Roadmap - 430
Business
stability
(current business)
Investment to
support reliable transport
1.6 trillion yen
Investment theme
- Sales and operational DX, IT infrastructure investment
- 130
- Sales/services infrastructure investment
- 180
- Strengthening of group production bases
- 590
- Continuous improvement of existing products and technologies Expansion of product lineup
- 700
Establish a management foundation rooted in ISUZU ID
Isuzu Group is developing a global-standard for human capital management rooted in the ideals of ISUZU ID. As the initial step, the Group will introduce a new HR system this spring and gradually expand the scope of the new system to the entire Group by FY2027.
In addition, the Group will embrace digital transformation (DX) capabilities and promote the improvement of basic and specialized skills among all employees, as well as the acquisition of new skills to spur innovation. This will facilitate the expansion of technologies and services for new business development, and improve efficiencies in current business operations.
