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Filings buzz within the automotive trade: 124% improve in robotics mentions in Q2 of 2021 – Auto Information by Automobilnews.eu

Filings buzz within the automotive trade: 124% improve in robotics mentions in Q2 of 2021


Mentions of robotics throughout the filings of firms within the automotive trade rose 124% between the primary and second quarters of 2021.

In whole, the frequency of sentences associated to robotics between July 2020 and June 2021 was 24% increased than in 2016 when GlobalData, from whom our knowledge for this text is taken, first started to trace the important thing points referred to in firm filings.

When firms within the automotive trade publish annual and quarterly reviews, ESG reviews and different filings, GlobalData analyses the textual content and identifies particular person sentences that relate to disruptive forces going through firms within the coming years. Robotics is one in every of these subjects – firms that excel and put money into these areas are regarded as higher ready for the long run enterprise panorama and higher outfitted to outlive unexpected challenges.

To evaluate whether or not robotics is that includes extra within the summaries and techniques of firms within the automotive trade, two measures had been calculated. Firstly, we regarded on the share of firms which have talked about robotics a minimum of as soon as in filings in the course of the previous twelve months – this was 49% in comparison with 25% in 2016. Secondly, we calculated the proportion of whole analysed sentences that referred to robotics.

Of the 50 largest employers within the automotive trade, Yamaha Motor Co Ltd was the corporate which referred to robotics probably the most between July 2020 and June 2021. GlobalData recognized 63 robotics-related sentences within the Japan-based firm’s filings – 0.9% of all sentences. Denso Corp talked about robotics the second most – the difficulty was referred to in 0.6% of sentences within the firm’s filings. Different prime employers with excessive robotics mentions included Toyoda Gosei Co Ltd, JTEKT Corp and Bridgestone Corp.

Throughout all firms within the automotive trade the submitting revealed within the second quarter of 2021 which exhibited the best give attention to robotics got here from Yamaha Motor Co Ltd. Of the doc’s 1,459 sentences, 9 (0.6%) referred to robotics.

This evaluation gives an approximate indication of which firms are specializing in robotics and the way essential the difficulty is taken into account throughout the automotive trade, however it additionally has limitations and needs to be interpreted rigorously. For instance, an organization mentioning robotics extra frequently just isn’t essentially proof that they’re utilising new strategies or prioritising the difficulty, nor does it point out whether or not the corporate’s ventures into robotics have been successes or failures.

Within the final quarter, firms within the automotive trade based mostly in Asia had been most probably to say robotics with 0.09% of sentences in firm filings referring to the difficulty. In distinction, firms with their headquarters in Western Europe talked about robotics in simply 0.01% of sentences.

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Filings buzz within the automotive trade: 124% improve in robotics mentions in Q2 of 2021 – Auto Information by Automobilnews.eu
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