, and its parts suppliers are hurrying to collect information. Nissan’s sluggish performance is also casting a shadow over the suppliers’ performance. In the period April-December 2024, the six parts suppliers’ performance notably declined in their Asian segment, including China and Thailand. Yorozu Corporation, UNIPRES Corporation (Unipres), and ALPHA Corporation posted a loss in their Asian business. Market conditions in the next fiscal y...

News  Updated at: 2025/02/19

s production as it indicated plans to further decrease its production capacity by 20% in November. This is impacting the parts suppliers’ operations, and parts suppliers are under pressure to expand customers to secure a source of funds to invest in electrification and next-generation technology. Yorozu Corp.’s President Tsutomu Hiranaka has stated his intention to make a new plant in Wanouchi Town, Gifu Prefecture that is scheduled to be ful...

News  Updated at: 2024/12/18

Jay Bharat Maruti, India adopts Japanese tech for new Maruti Suzuki models, Invests in R&D In its annual report for FY 2023-24, Jay Bharat Maruti (JBML) announced the successful absorption of Japanese technology to produce rear axles for new Maruti Suzuki models. The welding and assembly processes were designed by JBML with guidance from Yorozu Corporation, Japan, while the plating line was finalized with support from SNIC Corporation, Japan. JBM...

News  Updated at: 2024/08/27

was their Chinese business. ALPHA Corporation (ALPHA) and Kasai Kogyo Co., Ltd. posted a loss in their Asian business including China. The seven parts suppliers are hasting to improve profitability, expecting that the harsh business environment is likely to continue from the second half of FY 2024. Yorozu Corporation plans to monitor production trends in China during the period of its mid-term business plan through FY 2026 to discuss an optimal p...

News  Updated at: 2024/08/22

Yorozu to collaborate with other companies to develop electrified vehicle parts Yorozu Corporation (Yorozu) announced its plan to start collaboration with other companies for the development of electrified vehicles parts. With its main focus on suspension products, the company intends to expand its product and technology areas through collaboration with manufacturers of E-Axles, resins and aluminum products. Yorozu has already started negotiation...

News  Updated at: 2024/07/29

Yorozu Oita holds ceremony to mark start of solar power generation Yorozu Corporation (Yorozu) held a ceremony on February 22 to mark the start of solar power generation at Yorozu Oita Corporation (Yorozu Oita), its subsidiary in Nakatsu City, Oita Prefecture. The subsidiary started operating a carport-type solar panel system capable of generating 1.3 million kilowatt-hour per year since January 2024. Using the solar panel system will annually re...

News  Updated at: 2024/02/26

Yorozu begins operation at new site in Japan’s Tokai region; transferring subsidiary's headquarters in April Yorozu Corporation (Yorozu) announced that it has begun production at its new plant in Japan’s Tokai region, which the company has been building since November 2022. Starting with press operations, it will introduce welding, assembling, and painting processes consecutively, and transfer and integrate the production of Yorozu Aichi Corp...

News  Updated at: 2024/02/13

Several Chinese automakers have introduced new energy vehicles (NEV) one after another, creating an excessively competitive environment for Japanese automakers, who have fewer NEV models. The parts manufacturers plan to strengthen their sales to local automakers to recover their business in China. Yorozu Corporation and some other manufacturers will review their production systems as well. (From an article in the Nikkan Jidosha Shimbun on  Nove...

News  Updated at: 2023/11/16

Yorozu reveals main items produced using patented CO2 emissions reduction technologies in FY 2022 Yorozu Corporation (Yorozu) has revealed main items that it began producing in fiscal year 2022 (ending in March 2023) using its patented technologies related to carbon dioxide (CO2) emissions reduction. Yorozu received an order for front lower links for the Serena from Nissan Motor Co., Ltd. and started supplying the parts in September 2022. The com...

News  Updated at: 2023/03/28

Yorozu to collaborate with suppliers in earnest to realize carbon neutrality Yorozu Corporation (Yorozu) will work toward the realization of carbon neutrality (zero greenhouse gas emissions) in cooperation with its parts suppliers. Yorozu will support its suppliers to understand the current state and develop action plans, and will also share good examples. Yorozu aims to strengthen product competitiveness and to continue to win orders by jointly ...

News  Updated at: 2022/12/02

Parts makers expand production systems in Japan; reassessing investment destinations triggered by weak yen As the yen continues to depreciate, a succession of parts makers are expanding their auto parts production capacity in Japan. Yorozu Corporation (Yorozu) and Faltec Co., Ltd. (Faltec), whose main customers are Nissan Motor Co., Ltd. (Nissan), and overseas suppliers, will increase their production capacity in the Chubu region. The company aim...

News  Updated at: 2022/09/27

re are concerns over the impact on automotive production this summer. Except Suzuki Motor Corporation, which conventionally sets 4 consecutive holidays in July to spread electricity consumption, other automakers have not announced changes in their production plan. As for automotive parts suppliers, Yorozu Corporation announced that it will set 2 or more days per month to close company-wide from July to September. While the Japanese government is ...

News  Updated at: 2022/06/30

Yorozu concludes agreement with municipality to acquire site for new plant in Gifu Prefecture Yorozu Corporation (Yorozu) announced that it has reached an agreement with municipal government of Wanouchi Town, Anpachi-gun, Gifu Prefecture for acquiring a site to construct a new plant in the Tokai region of Japan. The new plant is scheduled to begin operation in 2024. The company intends to achieve both high quality and cost competitiveness through...

News  Updated at: 2022/06/24

Yorozu’s new plant in Gifu Prefecture to employ carbon neutrality during production Yorozu Corporation (Yorozu) aims to produce suspension parts that achieve decarbonization during production while maintaining quality and cost competitiveness at a new plant scheduled to start operations in the Tokai region in 2024. The new plant plans to produce lightweight parts for electrified vehicles and make efforts to promote decarbonization in both produ...

News  Updated at: 2022/06/07

Yorozu establishes Carbon Neutrality Promotion Office Yorozu Corporation (Yorozu) announced that it established the Carbon Neutrality Promotion Office, effective April 1, 2022. This is one of the measures to realize the company's environmental philosophy and vision as soon as possible amid the accelerating movement toward carbon neutrality around the world. The Carbon Neutrality Promotion Office will gather personnel from across the company to pl...

News  Updated at: 2022/04/01

Yorozu Oita to shift to green energy Yorozu Corporation (Yorozu) announced that its manufacturing subsidiary, Yorozu Oita Corporation, will change the electricity supply to renewable energy at its plant. The subsidiary will change about 13 million kilowatts of electric power consumption in collaboration with afterFIT Co., Ltd., a green power company headquartered in Minato Ward, Tokyo. The plant will also introduce solar power generation equipmen...

News  Updated at: 2022/03/07

Yorozu to establish new plant in Tokai area in Japan Yorozu Corporation (Yorozu) announced that it will establish a new plant in Gifu prefecture in Japan to consolidate and transfer its production of Yorozu Aichi Corporation, a manufacturing group company of Yorozu. By consolidating production, Yorozu intends to strengthen its manufacturing footprint in the Tokai region. The new plant, in which Yorozu will invest about JPY 12 billion, will produc...

News  Updated at: 2022/03/02

at specializes in supporting its suppliers. Germany-based Robert Bosch GmbH, which has already achieved carbon neutrality at all of its locations (more than 400) across the world in 2020, has started the sales of its know-how to reduce carbon emissions from production activities to other companies. Yorozu Corporation, a Tier-1 parts supplier, is also considering measures to support its suppliers. (From an article in the Nikkan Jidosha Shimbun on ...

News  Updated at: 2022/02/09

Yorozu announces new medium-term business plan aiming to establish strong business foundation Yorozu Corporation (Yorozu) has announced its new medium-term business plan, which aims to establish new technologies and methods, as well as a corporate structure that is less sensitive to the fluctuations in automotive production. Yorozu will also raise the awareness of ESG (environment, social, governance) in its business management activities. In the...

News  Updated at: 2021/05/25

ales at Nissan. On July 6, Piolax, Inc. announced its consolidated financial results for the fiscal year that ended in March 2020 (FY19). In the first half of FY 2019, all of Nissan’s seven main suppliers reported a decrease in revenue,  four of which (Unipres Corporation, Kasai Kogyo Co., Ltd., Yorozu Corporation, and Alpha Corporation) posted a negative balance. Faltec Co., Ltd. and Nissan Shatai Co., Ltd. recorded a year-over-year increase ...

News  Updated at: 2020/07/08