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1Daido Kogyo has secured a multi-year contract with a leading automotive manufacturer, expected to increase revenue by 15% annually over the next three years.
2The company is investing in automation technologies that could reduce production costs by 20% over the next two years.
3Recent advancements in lightweight materials for bearings could open new markets in electric vehicles, projected to grow Daido's market share by 10%.
4Shift towards electric vehicles and lightweight materials
5Increased automation in manufacturing processes
6Automotive production volumes in Japan and Asia
7Demand for precision components from aerospace manufacturers