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Toyota Boshoku to turn SAI into wholly owned subsidiary in 2025
Toyota Boshoku to turn SAI into wholly owned subsidiary in 2025 Toyota Boshoku Corporation (Toyota Boshoku) announced that it has signed an agreement on the purchase of the shares of Shiroki Automotive India Pvt. Ltd. (SAI), an Indian subsidiary of Aisin Shiroki Corporation. Toyota Boshoku Asia Co., Ltd. (TBAS), a subsidiary of Toyota Boshoku, will acquire 80% of SAI's shares from Aisin Shiroki at a price of JPY 3.5 billion in January 2024 and ac...
News Updated at: 2023/09/04
Toyota Boshoku Corporation
which markets automotive components--into "Toyota Boshoku America" (TBA) on July 1 with ARA as a surviving company, with an aim at producing approximately 5.9 billion yen in sales for fiscal 2005 with a workforce of 63. As for its Thai subsidiaries, Toyota Boshoku will put together "Toyodabo Asia" (TBAS)--in chare of marketing of filters as well as development of interior systems--and "TNAT (Thailand)"--a system supplier of seats and other interi...
News Updated at: 2005/06/28
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