tomobile manufacturers. Shanghai ZF is the joint venture of SAIC and ZF Germany, which is an exclusive supplier to SAIC-Volkswagen and SAIC-GM. FKS is a joint venture between FAW and Japan’s Koyo Company (JTEKT) and its main customer is FAW-Volkswagen Company. -Listed on NASDAQ (As of Dec. 31, 2023) Major shareholders Investment ratio Hanlin CHEN (Chairman of the Board of Directors) 59.13% Qizhou WU 4.39% Others 36.48% Total 10...

Major Suppliers  Updated at: 2026/05/18

uding IoE-related products), industrial heat treatment furnaces, etc. -According to the Company, it has the world’s largest market share in the power-steering segment. Mid-term Management Plan (Ending in FY2026) Basic Policies and Monetary Targets Sales: JPY 2 trillion (same level as in FY2023) Profit margin: 3.9% (currently). Target: 5-6% ROE: 5.5% (currently). Target: 7-8% Automotive Business Initiatives Improve profitability: 3.3% ...

Major Suppliers  Updated at: 2026/05/15

rials May 2019 Acquire 26% stake in Aeron Systems Jun. 2019 Joint Venture with Refu Electronik GmbH Sep. 2019 Acquired 50% stake in Refu Drive GmbH Mar. 2021 Acquisition of Kalyani Powertrain Private Limited 2022 Started production at the aluminum forging facility in North Carolina, US. 2023 Indo Shell Mould Limited ("ISML") SIPCOT, Erode has been acquired by J S Auto Cast Foundry India Private Limited, a subsidiary of Bharat Forge Li...

Major Suppliers  Updated at: 2026/05/14

levers-Pedal boxes-Electric tailgatesCar navigation systems-“POWERMAP” 3D car navigation and digital map solutions with voice activation software-Power-F, fleet management solutions-3D navigation software Financial Overview (in million THB)   FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 Rate of change (%) Factors Sales 27,002 30,389 (11.1) 1) Net Profit 747 1,610 (53.6) 2)  Factors1) Sales-In the fiscal year ended Decembe...

Major Suppliers  Updated at: 2026/05/13

from 2025, all new models will feature the NVIDIA DRIVE software platform Polestar The Polestar 3, the brand's first SUV, centralized compute of the NVIDIA DRIVE platform BYD Uses NVIDIA DRIVE Hyperion computing architecture for next-generation new energy vehicles, starting in the first half of 2023 GM Developing custom AI systems using the Company’s accelerated compute platforms to train AI manufacturing models; Also uses NVIDIA DRIVE AG...

Major Suppliers  Updated at: 2026/05/12

tion, the Company renamed the Automotive Aftermarket and Industrial divisions to the Vehicle Lifetime Solutions and Bearings & Industrial Solutions divisions, respectively. The operational restructuring is not reflected in the financial figures and information for the fiscal year ended December 31, 2023. E-Mobility division Powertrain & Chassis division Vehicle Lifetime Solutions division Bearings & Industrial Solutions division -Electric D...

Major Suppliers  Updated at: 2026/05/11

Group, an investment advisory and management team for private equity funds, signed a contract with Vitesco Technologies to acquire the Company. The acquisition included the Company’s current management team as well as all of its employees and locations. The acquisition was completed on August 1, 2023, placing ownership of the Company under Lenbach Equity Opportunities II GmbH & Co KG, an investor advised and represented by the Dubag Group. The...

Major Suppliers  Updated at: 2026/05/07

inds including lower sales volumes of battery management systems, discontinued programs from Ford, as well as effects from pricing, recoveries, currency translation, and one-time items.  R&D Expenditure (in million USD)   FY ended Dec. 31, 2025 FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 Overall 220 191 210    R&D Facilities -As of December 31, 2025, the Company has approximately 30 technical centers located across the worl...

Major Suppliers  Updated at: 2026/05/01

rra, stated that the new facility is expected to create new businesses in collaboration with startups with enthusiasm. (From an article in the Nikkan Jidosha Shimbun on February 5, 2025) R&D Expenditure (in million JPY)   FY ended Mar. 31, 2025 FY ended Mar. 31, 2024 FY ended Mar. 31, 2023 Overall 28,144 27,848 27,887 -Automotive Components Group 10,503 11,814 10,032 R&D Activities Niterra develops silicon-nitride, heat-dis...

Major Suppliers  Updated at: 2026/04/30

r tire manufacturers in the world. The Company had a 13.6% market share of tires worldwide in 2024.-Overseas production accounted for 69% of the company's global tire production tonnage in 2025. Mid-term business plan (target for FY 2026) Operating income target: JPY 640 billion (1.3 times the FY 2023 level） ROIC target: 10% (Profitability target: ROIC 5.5% with zero businesses not achieving the target） Premium tire sales: 1.4 times the...

Major Suppliers  Updated at: 2026/04/30

erformance Ichikoh Industries, Ltd.'s third quarter results (cumulative) Ichikoh Industries, Ltd.'s second quarter results (cumulative) Ichikoh Industries, Ltd.'s first quarter results   R&D Expenditure (in million JPY)   FY ended Dec. 31, 2025 FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 Overall 5,588 5,800 7,167 -Automotive components - 5,706 7,008   R&D Activities -As a system provider, they collaborate with Valeo to dev...

Major Suppliers  Updated at: 2026/04/28

els-Pad printed specialized wheel finishes-Tinted clear coat wheel finishes-Satin and matte clear coat wheel finishes-Paint masking for multi-color, multi-gloss concepts-3DPC finishes using less material and energy Financial Overview (in USD millions)   FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 Rate of change(%)   Sales 1,267.3 1,385.3 (8.5) 1) Operating Income (Loss) 29.3 (51.4) - 2) Net Income (Loss) (78.2) (92.9) - 3)   1)...

Major Suppliers  Updated at: 2026/04/28

d from Hitachi Astemo, Ltd. to "Astemo, Ltd."  - Formerly operated as Hitachi Automotive Systems that functioned as the automotive business of Hitachi, Ltd., it was established in January 2021 in a merger among Honda Group suppliers Keihin, Showa, and Nissin Kogyo -The capital structure in October 2023 was changed, which resulted in the following shareholdings: Hitachi Limited (40%), Honda Motor Co., Ltd. (40%), and JICC-01 (20%). -It is engaged...

Major Suppliers  Updated at: 2026/04/22

f 2024, the Company added a new business unit and restructured its organization into its current form. Previously, the Company was comprised of five reportable business segments; Air Management, Drivetrain & Battery Systems, ePropulsion, Fuel Systems, and Aftermarket. The spin-off of Phinia in July 2023 resulted in the removal of the Fuel Systems and Aftermarket segments. In February 2025, the Company decided to exit the charging business within ...

Major Suppliers  Updated at: 2026/04/16

will further strengthen its response to the need for increased strength, weight reduction, multi-materials, and battery protection structures, and to build a supply system to meet the demand for electric vehicles (EV), which is expected to grow even further. (From a press release dated December 14, 2023) Topre Corporation's third quarter (cumulative) results were announced. Sales increased 26.6% YoY to JPY 259.6 billion. This was a JPY 54.5 bil...

Major Suppliers  Updated at: 2026/04/10

sensors (contact-resistive, non-contact piezo, and sealed types)-Diesel additive dosing systemsBEV products-Battery enclosures-Battery module end plates-Busbar holdersKinetic interior products-Vents-Consoles Financial Overview (in million EUR)   FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 Rate of change (%) Factors Net Sales 3,360.3 3,516.2 (4.4) 1) Adjusted EBITDA 394.9 393.0 0.5 - Sales by Region Europe, the Middle East a...

Major Suppliers  Updated at: 2026/04/10

ock absorber line of its Changzhou plant Tenneco builds new test facilities for hydrogen-powered internal combustion engines Tenneco studies synthetic e-fuels in Germany’s NAMOSYN project Tenneco’s Monroe Intelligent Suspension CVSAe tech used in Li L7 from Li Auto Tenneco to participate in JMS 2023 Tenneco to close plant in Sweden Tenneco inaugurates its first Japanese manufacturing plant in Osaka Tenneco supplying components for Ford Focus...

Major Suppliers  Updated at: 2026/04/10

on August 30 that it will make Ena Metal Factory Co., Ltd. (Ena Metal Factory, Nakatsugawa City, Gifu Prefecture) its subsidiary, has set a target to double Ena Metal Factory’s sales to JPY 5 billion or more around 2025. Ena Metal Factory’s sales in the fiscal year that ended in March 2024 (FY 2023) were about JPY 2.6 billion. By utilizing its sales channels, Nittan aims to increase sales of the automotive supercharger parts and other produc...

Major Suppliers  Updated at: 2026/04/10

ompany will be called MITSUI KINZOKU ACT TANGER MAROC SARL. It will establish in August 2018 and start operation is scheduled in January 2020.  New company will produce and sale door latches and other automotive parts. It is planned to be EUR 20 million sales and hire 150 employees at the end of FY2023. (From a press release on July 10, 2018) Mitsui Mining & Smelting Co., Ltd. announces that a Group company, Mitsui Kinzoku Act Corporation, will ...

Major Suppliers  Updated at: 2026/04/10

57% stake in Furukawa Battery, will not participate in the TOB but will reinvest in the new company after the delisting. (From an article in the Nikkan Jidosha Shimbun on July 25, 2024) R&D Expenditure (in million JPY)   FY ended Mar. 31, 2025 FY ended Mar. 31, 2024 FY ended Mar. 31, 2023 Overall 25,449 24,539 23,324 -Electrical/Electronics 4,878 5,219 4,732 R&D Offices Furukawa Electric and Nichia jointly establish advanc...

Major Suppliers  Updated at: 2026/04/10