Ikuyo Co., Ltd.
Company Profile
Business Overview
-As a manufacturer of synthetic resin products for interior and exterior automotive components, the Company makes weather-stripping, trim covers, radiator grilles, etc.
-The Company also manufactures and sells dies.
-The Company's major customers are Mitsubishi Motors Corporation, Mitsubishi Fuso Truck and Bus Corporation, and Hino Motors, Ltd.
Business Highlights:
-For the fiscal year ending March 31, 2023, the company forecasts net sales of 14,608 million yen (up 10.3%), operating income of 695 million yen (up 95.2%), ordinary income of 706 million yen (up 94.1%), and net income attributable to the parent company of 493 million yen (up 14.2%).
Shareholders
| -From April 2022, moved to the Standard Market of the Tokyo Stock Exchange. | (As of Mar. 31, 2023) |
| Name or Company Name | Investment ratio (%) |
| Nitto Co., Ltd. |
32.93 |
| Individual shareholder | 14.08 |
| MIP | 3.81 |
| Yaizu Body Industry Co., Ltd. |
3.74 |
| Individual shareholder | 3.70 |
| MSIP CLIENT SECURT TIES | 3.62 |
| Cleanup Corporation | 2.13 |
| Kibun Foods ,Inc. | 2.01 |
| J.P.MORGAN SECURITIES PLC | 1.82 |
| Rakuten Securities, Inc. | 1.81 |
| Total | 69.64 |
Products
-Overhead console
-Cowl tops garnish
-Quarter garnish
-Quarter pillar garnishes
-Grille garnish
-Corner panel
-Side air dam
-Scuff plates
-Step wall
-Speaker cover
-Fender splash shield
-Center pillar trims
-Lower tail gate trim
-Garnishes
-Door garnish
-Door trim
-Door pillar garnishes
-Back panel trim
-Battery covers
-Bumper corner
-Fender garnish
-Fog lamp bezel
-Front air dam
-Front grille
-Front console
-Front door trim board
-Front panel
-Front bumper
-Front pillar trims
-Mudguard trims
-Radiator grille garnish
-Radar garnish
-Lower grille
History
| May, 1947 | Founded under the name of Ikuyo Shokai Co., as a manufacturer and seller of rubber products for automobile windows. |
| Sep. 1951 | Arakawa Factory founded, commenced manufacture of automobile window rubber products for Ikuyo. |
| Jan. 1955 | Changed its corporate name to Ikuyo Chemical Industries |
| Dec. 1959 | Manufacture of formed resin products commenced. |
| Jan. 1962 | The headquarters was moved to Tokyo. |
| Dec. 1964 | Manufacturing operations moved to Atsugi, Kanagawa Pref., name changed to Atusgi Factory. |
| Feb. 1969 |
Established the Mizushima factory (now called the Okayama factory) in Okayama Prefecture |
| Jun. 1969 | Acquired Fuji Kinzoku Toko Co., Ltd. and changed its name to Ikuyo Toko, Co., Ltd. |
| Sep. 1972 | Moved corporate headquarters to Kanagawa |
| Apr. 1974 | Name changed to Ikuyo Co., Ltd. |
| Oct. 1977 | Nagoya Representative Office closed and Okazaki Factory founded. |
| Dec. 1979 | Ikuyo Works Co., Ltd, founded. |
| Sep. 1981 | Ikuyo Trading Co., Ltd. founded. |
| Apr. 1984 | Aikei Mold Co., Ltd. founded. |
| Jul. 1987 | Mizushima Factory moved, name changed to Okayama Factory. |
| Jul. 1987 | Head office moved to present location in Shibuya Ward, Tokyo. |
| Jun. 1988 | Founded Kyoto office. |
| Jul. 1989 | Hiroshima Office founded. |
| Aug. 1989 | Nagoya Factory moved. |
| May, 1993 | Yamaguchi Hikari Factory founded. |
| Aug. 1995 |
Company's stock listed on OTC of the Japan Securities Dealers' Association. |
| Aug. 1996 |
Founded Ikuyo America Corporation. |
| Aug. 1996 |
Founded Usi, Inc. |
| Mar. 1997 |
Listed on the second section of the Tokyo Stock Exchange |
| Jul. 1997 |
Founded the Second Nagoya factory in Aichi Prefecture |
| Sep. 1998 |
Ceased operation of the Kyoto office |
| Sep. 1999 |
Founded the Vivante factory inside the Atsugi factory. |
| Jan. 2000 |
Ikuyo America Corporation merged with Usi, Inc. |
| Apr. 2001 | Ikuyo Works Co. and Ikuyo Toko Co. were acquired by Ikuyo Co. |
| Mar. 2002 | Ikuyo Wood Plant closed. |
| Aug. 2007 | The headquarters was moved to Kanagawa. |
| Oct. 2008 | Established Ikuyo Technology Development Laboratory Co., Ltd. |
| Oct. 2009 | Absorbed Ikuyo Technology Development Laboratory Co., Ltd. |
| Mar. 2011 | Sold off all the shares it held in USI Inc. Sold Yamaguchi Hikari Plant. |
| Nitto Co., Ltd., the Japan unit of China-based Dalian Nitto Plastic Molding Co., Ltd., acquired 30% of the Company’s share. |
|
| Apr. 2012 | Merged the operations of IK Mold Co. Ltd. into its own operations. |
| Apr. 2013 | Established PT. Ikuyo Indonesia in Indonesia. |
| Jul. 2021 | Established Ikuyo Vietnam Co., Ltd., a subsidiary in Vietnam. |
| Apr. 2022 | Moved from the Second Section of the Tokyo Stock Exchange to the Standard Market due to the TSE's reorganization. |
Supplemental Information 1
>>>Business report FY ended Mar. 31, 2009
>>>Business report FY ended Mar. 31, 2010
>>>Business report FY ended Mar. 31, 2011
>>>Business report FY ended Mar. 31, 2012
>>>Business report FY ended Mar. 31, 2013
>>>Business report FY ended Mar. 31, 2014
>>>Business report FY ended Mar. 31, 2015
>>>Financial Forecast for the Next Fiscal Year (Sales, Operating Income etc.)