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4-Traders Homepage  >  Equities  >  Tokyo  >  Toyota Motor Corp    7203   JP3633400001

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Toyota Motor : Hitachi Automotive Systems' Slot-in Airflow Sensor Used inToyota's New Prius PHV

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03/30/2017 | 05:05pm CEST

Release date- 30032017 - Tokyo-Hitachi Automotive Systems, Ltd. today announced that hot wire slot-in type airflow sensors from Hitachi Automotive Systems have been used in the new, fully redesigned Prius PHV launched by Toyota Motor Corporation in February 2017.

The Hitachi Automotive Systems hot wire slot-in type airflow sensors used in the new Prius PHV are notable for their high levels of precision and high reliability. They have been used in the latest model Prius, launched in December 2015, and are now also being used in the new Prius plug-in hybrid model.

As environmental regulations grow more stringent, airflow sensors are used to optimize engine fuel injection amounts by measuring the amount and temperature of engine intake air, which contributes to improved fuel efficiency and reductions in emissions of CO2 and other exhaust gases. They are positioned as important core components in internal combustion engines.

Hitachi Automotive Systems' airflow sensors are widely used by global automakers, and command the top global market share, at roughly 40%*. Between June 2002, when our hot wire slot-in type airflow sensors were first commercialized, and January 2017, we have shipped a total of over 100 million hot wire slot-in type airflow sensors around the world. Their advanced sensing technology, which supports further engine efficiency improvements, has been widely recognized by automakers both in Japan and around the world.

Hitachi Automotive Systems will continue to strive to further disseminate environmental products using our superior electronics technologies while we contribute to environmental conservation.

*As of the end of 2015 (according to Hitachi Automotive Systems research)

[image](left)The completely redesigned Toyota 'new Prius PHV' (shown: Prius PHV 'A'),(right)Hot wire slot-in airflow sensor

About Hitachi Automotive Systems, Ltd.

Hitachi Automotive Systems, Ltd. is a wholly owned subsidiary of Hitachi, Ltd., headquartered in Tokyo, Japan. The company is engaged in the development, manufacture, sales and services of automotive components, transportation related components, industrial machines and systems, and offers a wide range of automotive systems including engine management systems, electric power train systems, drive control systems and car information systems. For more information, please visit the company's website at http://www.hitachi-automotive.co.jp/en/.

(c) 2017 Electronic News Publishing -, source ENP Newswire

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Financials ( JPY)
Sales 2017 26 916 506 M
EBIT 2017 1 772 000 M
Net income 2017 1 775 018 M
Debt 2017 4 816 435 M
Yield 2017 3,39%
P/E ratio 2017 10,41
P/E ratio 2018 9,16
EV / Sales 2017 0,92x
EV / Sales 2018 0,91x
Capitalization 19 982 597 M
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Mean consensus HOLD
Number of Analysts 24
Average target price 7 374  JPY
Spread / Average Target 20%
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NameTitle
Akio Toyoda President & Representative Director
Takeshi Uchiyamada Chairman
Takahiko Ijichi Chief Financial Officer, Director & Executive VP
Kiyotaka Ise General Manager-Technology & Development
Shigeki Tomoyama General Manager-Information Technology Division
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