Aska Corporation
Company Profile
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■Address
Business Overview
-The Company operates in three segments, the automotive-parts business, power-distribution-panel business, and robot-systems business. The automotive-parts business manufactures and sells products such as pillars, side roof-rails, floor cross-bars, radiator supports.
Financial Overview
-Business results for the fiscal year that ended in November 2022 are provided below:
Consolidated sales: JPY 33,473 million (22.2% year-on-year increase)
Operating profit: JPY 881 million (4.0% year-on-year decrease)
Ordinary profit: JPY 1,297 million (9.0% year-on-year increase)
Current net profit attributable to the parent company: JPY 1,068 million (1.9% year-on-year increase)
Shareholders
| -Moved to the Main Market of the Nagoya Stock Exchange | (As of Nov. 30, 2022) |
| Shareholders | Investment Ratio (%) |
| CIS | 18.96 |
| Nichias Corporation | 16.26 |
| Sumitomo Mitsui Banking Corp. | 4.93 |
| Employees stockholding | 3.45 |
| Individual shareholder | 2.90 |
| Individual shareholder | 2.73 |
| MUFG Bank, Ltd. | 2.62 |
| The Aichi Bank, Ltd. | 2.52 |
| Individual shareholder | 2.33 |
| San ju San Financial Group, Inc. | 1.99 |
| The Shoko Chukin Bank, Ltd. | 1.99 |
| Total | 60.72 |
Products
-Center pillars
-Roof rails
-Radiator supports
-Engine mounts
-Heat insulators
History
| 1953 | Originally established as Katayama Industry Co., Ltd., with the aim of manufacturing and selling general metal products and automotive sheet metal parts in Iseyama, Nakaku, Nagoya City, where the present headquarters is registered. |
| 1954 | Started doing business with New Mitsubishi Heavy Industries, Ltd. (currently Mitsubishi Heavy Industries Co., Ltd. and Mitsubishi Motors Corporation Co., Ltd.) Started doing business with Aichi Machine Industry Co., Ltd. Started doing business with Toyo Rayon Co., Ltd. (currently Toray Co., Ltd). |
| 1959 | Established Minamihama Factory in Atsuta-Higashimachi, Mizuho, Nagoya City, to produce sheet metal parts. |
| 1963 | Started doing business with the Matsushita Electric Works, Ltd. Co., Ltd. |
| 1964 | Established Fujimatsu Factory in Kariya, Aichi Prefecture, to produce medium-sized sheet metal parts. |
| 1969 | In an effort to integrate the organization, the company closed the Minamihama Factory and transferred the production department to the Fujimatsu Factory. At the same time the Fujimatsu Factory was renamed as the main factory. |
| 1985 | Established the Kouda Factory to produce large-sized sheet metal parts in Kouda-cho, Nukata-gun, Aichi Pref. |
| 1988 | Acquired Nishiyama Industry, a thick material stamping company, and established a subsidiary ASKA industrial Co., Ltd. |
| 1989 | Based on a joint-venture agreement, the company invested in Jeil Kiyeon Co., Ltd, a newly-established tool and die production company in South Korea. |
| 1992 | Changed its trade name to ASKA Corporation. |
| 1994 | Commenced production of automotive mufflers. |
| 1996 | Added welding assembly shop and office building within the Kouda Factory. |
| 1997 | Listed on the second section of the Nagoya Stock Exchange. |
| 2000 | Transferred the headquarters to Kariya City, Aichi Pref. |
| 2002 | Completed liquidation of Aska Industrial Co., Ltd. |
| 2004 | Established Aska Engineering Corporation as its subsidiary in the U.S.A. |
| 2005 | Stamping shop newly established in the headquarters plant. The Company established A.K. of West Virginia Corporation, an affiliate, in the U.S.A. |
| 2007 | Established Aska USA Virginia Corporation in the U.S.A. Set up a new plant in Takahama City, Aichi Prefecture, Japan. Sold off A.K. of West Virginia Corporation located in the U.S.A. |
| 2012 | Established PT. Auto Aska Indonesia in Indonesia. |
| 2022 | Moved from the Second Section of the Nagoya Stock Exchange to the Main Market due to the NSE's reorganization. |
Supplemental Information 1
>>>Business Report for FY ended Nov. 30, 2006
>>>Business Report for FY ended Nov. 30, 2007
>>>Business Report for FY ended Nov. 30, 2008
>>>Business Report for FY ended Nov. 30, 2009
>>>Business Report for FY ended Nov. 30, 2010
>>>Business Report for FY ended Nov. 30, 2011
>>>Business Report for FY ended Nov. 30, 2012
>>>Business Report for FY ended Nov. 30, 2013
>>>Business Report for FY ended Nov. 30, 2014