Filings buzz within the automotive trade: 65% improve in robotics mentions in Q3 of 2021

Filings buzz within the automotive trade: 65% improve in robotics mentions in Q3 of 2021

Mentions of robotics inside the filings of corporations within the automotive trade rose 65% between the second and third quarters of 2021.

In complete, the frequency of sentences associated to robotics between October 2020 and September 2021 was 55% greater 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 corporations 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 corporations within the coming years. Robotics is one in every of these subjects – corporations that excel and put money into these areas are regarded as higher ready for the longer term 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 corporations within the automotive trade, two measures have been calculated. Firstly, we regarded on the share of corporations which have talked about robotics no less than as soon as in filings through the previous twelve months – this was 49% in comparison with 33% in 2016. Secondly, we calculated the proportion of complete analysed sentences that referred to robotics.

Of the 50 greatest employers within the automotive trade, Yamaha Motor Co Ltd was the corporate which referred to robotics probably the most between October 2020 and September 2021. GlobalData recognized 75 robotics-related sentences within the Japan-based firm’s filings – 1.3% 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 Bridgestone Corp, Schaeffler AG and Kia Corp.

Throughout all corporations within the automotive trade the submitting printed within the third quarter of 2021 which exhibited the best give attention to robotics got here from Yamaha Motor Co Ltd. Of the doc’s 1,264 sentences, 43 (3.4%) referred to robotics.

This evaluation supplies an approximate indication of which corporations are specializing in robotics and the way necessary the difficulty is taken into account inside the automotive trade, however it additionally has limitations and must be interpreted fastidiously. For instance, an organization mentioning robotics extra usually is just not essentially proof that they’re utilising new methods 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, corporations within the automotive trade primarily based in Asia have been more than likely to say robotics with 0.1% of sentences in firm filings referring to the difficulty. In distinction, corporations with their headquarters in america talked about robotics in simply 0.02% of sentences.

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