s and other auto parts is growing as Japanese automakers are stepping up worldwide production. The market is projected to expand further because applications of such products are expected to increase. The company, which now finds it difficult to maintain profitability in the business due to surging prices of copper powders and other materials, aims to become more competitive in the market by ensuring greater production efficiencies. (From an arti...

Major Suppliers  Updated at: 2026/03/20

utomotive Systems' G-Vectoring control algorithm. (From an article in the Nikkan Jidosha Shimbun on July 26, 2016) On August 9, the U.S. Justice Department announced that Hitachi Automotive Systems Ltd. agreed to plead guilty and pay a USD 55.48 million fine for its efforts to allocate markets, fix prices and rig bids for shock absorbers installed in automobiles sold in the U.S. According to charges filed in a U.S. District Court, from the mid-19...

Major Suppliers  Updated at: 2026/02/19

bove heavy-duty trucks in Europe have seen sharp increases in demand. Demand outlook provided by the OEM's is quite robust going ahead. There are certain uncertainties which could hamper the progress of the industry including the shortage of ships, container shortage and sharp increase in commodity prices. (From a press release on June 4, 2021) In its annual report for FY 2020-21, Bharat Forge announced that it aims to achieve 5-6% market share b...

Major Suppliers  Updated at: 2026/02/12

tion on new contracts, particularly in the camera, electrical and transmission systems, and lighting segments. It also roll-out of a new program to reduce costs by more than EUR 100 million and capital expenditure by more than EUR 100 million. The trends in the automotive market and in raw material prices in 2018 and the projections for 2019 lead it to revise the assumptions used to determine medium-term outlook. The Group will publish its new me...

Major Suppliers  Updated at: 2026/02/09

billion for Denso, JPY 27.3 billion for Aisin Seiki, JPY 14 billion for Toyota Industries Corporation, and JPY 13.4 billion for JTEKT Corporation. The exchange losses pushed down the seven suppliers' profits with the exception of Aichi Steel Corporation, which has benefited from lower raw materials prices resulting from the yen's appreciation. Denso's President Koji Arima explained, "Sales and profit dropped due to the strong yen despite producti...

Major Suppliers  Updated at: 2026/02/09

billion for Denso, JPY 27.3 billion for Aisin Seiki, JPY 14 billion for Toyota Industries Corporation, and JPY 13.4 billion for JTEKT Corporation. The exchange losses pushed down the seven suppliers' profits with the exception of Aichi Steel Corporation, which has benefited from lower raw materials prices resulting from the yen's appreciation. Denso's President Koji Arima explained, "Sales and profit dropped due to the strong yen despite producti...

Major Suppliers  Updated at: 2026/02/09

e previous year's net income. Click here for details Five medium sized Toyota Group parts suppliers announced their financial outlook for the fiscal year that ends in March 2025 (FY 2024) on January 30. Due to factors such as the depreciation of the yen, passing cost increases onto their product prices, and increased production, Futaba Industrial Co., Ltd. (Futaba Industrial), Aisan Industry Co., Ltd. (Aisan Industry), and Chuo Spring Co., Ltd...

Major Suppliers  Updated at: 2026/02/09

) Net sales-Sales increased 6.3% YoY to JPY 4,679.8 billion. This was a JPY 277.0 billion increase over the previous year's JPY 4,402.8 billion.-Increased, thanks to higher sales of power cables, optical devices for data centers; favorable currency translation due to the weak yen, and higher copper prices. 2) Operating profit-Operating income increased 41.5% YoY to JPY 320.7 billion. This was a JPY 94.0 billion increase over the previous year's J...

Major Suppliers  Updated at: 2026/02/09

utable to owners of parent 324,084 284,949 13.7 4)   1) Net sales-Sales increased 5.0% YoY to JPY 5,521.7 billion. This was a JPY 263.8 billion increase over the previous year's JPY 5,257.9 billion.-Increase was due to favorable currency translation because of the weak yen and adjusting selling prices. 2) Operating profit-Operating income increased 19.3% YoY to JPY 391.9 billion. This was an increase of JPY 63.3 billion over the previous year...

Major Suppliers  Updated at: 2026/02/09

technology. Currently, the only hollow springs used in automotive suspensions are those used in stabilizers or torsion bar springs. The company, which intends to provide this spring to mass production vehicles, will make proposals to automakers, targeting all vehicle classes without regard to their prices. It is expecting the new hollow spring to be used in models coming to the market a few years from now. (From an article in the Nikkan Jidosha S...

Major Suppliers  Updated at: 2026/02/09

during which the impact of the reduced production was huge, the major and middle-sized parts suppliers’ production volumes fell below the levels of the previous year and their operating profits declined while their revenues increased due to foreign exchange gains. Soaring raw material and energy prices as well as rising distribution costs are also a major contributor to the deterioration of their earnings. (From an article in the Nikkan Jidosh...

Major Suppliers  Updated at: 2026/02/09

billion for Denso, JPY 27.3 billion for Aisin Seiki, JPY 14 billion for Toyota Industries Corporation, and JPY 13.4 billion for JTEKT Corporation. The exchange losses pushed down the seven suppliers' profits with the exception of Aichi Steel Corporation, which has benefited from lower raw materials prices resulting from the yen's appreciation. Denso's President Koji Arima explained, "Sales and profit dropped due to the strong yen despite producti...

Major Suppliers  Updated at: 2026/02/09

“PS Battery for commercial vehicle” on the Japanese market on September 1, the first battery for trucks for the supplier, which is already in business of batteries for passenger cars. The batteries are offered in D size for standard sized trucks, and E, F and G sizes for heavy-duty trucks. Their prices are open. Batteries for heavy-duty vehicles feature an Sb/Ca hybrid type using low antimony alloy   for positive electrode and calcium for n...

Major Suppliers  Updated at: 2026/02/09

part of its efforts to gradually expand its module production capacity. By shifting itself from a mere motor supplier to a composite components supplier, Mitsuba is trying to add higher value to its products while improving profitability, which is now under increasing pressure from higher material prices. (From an article in the Nikkan Jidosha Shimbun on Mar. 19, 2008) Mitsuba Corporation will step up its efforts to further reduce production co...

Major Suppliers  Updated at: 2026/02/03

well. (From a press release dated September 4, 2024) Yachiyo Industry Co., Ltd. (Yachiyo Industry) will accelerate the design of plastic automotive parts in modules. The company has already manufactured a new back door module prototype, and aims to release two types in different shapes at different prices within the next few years. In the future, Yachiyo Industry will consider designing hinge and slide type side doors in modules. In anticipation ...

Major Suppliers  Updated at: 2026/01/28

xpanded facilities, and five new buildings of factories and test facilities for quality assurance. (From an article in the Nikkan Jidosha Shimbun on Nov. 6, 2007) Two belt suppliers in the Kansai region, namely Bando Chemical Industries, Ltd. and Mitsuboshi Belting Ltd., will increase their selling prices of power transmission belts in line with soaring costs of crude oil and naphtha that jacked up the value of synthetic rubber and resins. Bando ...

Major Suppliers  Updated at: 2026/01/28

ust. 2, 2010) Harada Industry Co., Ltd. will enhance its rationalization efforts. It will soon open a procurement office in Shanghai, China to establish a full-fledged system to purchase low priced parts and materials. As nonferrous metals, including copper used in antenna cables, are still raising prices, the company also plans to revise designs to those requiring less metal amount per one piece so that it will be more responsive to material pri...

Major Suppliers  Updated at: 2026/01/28

oduction. Nidec has planned to sell 2.5 million E-Axles in 2025, and 10 million in 2030. According to Mr. Shigenobu Nagamori, Chairman of the Board and Chief Executive Officer, it is assumed that EVs will be dominated by compact models rather than luxury models. As a result, it is expected that the prices of EVs and parts will drop and unit sales will increase. Nidec will establish a production system to manufacture high quality, inexpensive prod...

Major Suppliers  Updated at: 2026/01/28

ion of power folding flash handles within four years. The company will also engage in a new business. The company primarily deals with the door handle section including the key or lock mechanism at present, but plans to extend the business area to the entire door. In addition to increasing the unit prices of its parts, the company will enhance its presence as a tier 1 parts supplier that directly supplies products to OEMs. (From an article in the...

Major Suppliers  Updated at: 2026/01/15

s in the future. (From an article in the Nikkan Jidosha Shimbun on June 22, 2015) Hitachi Metals, Ltd. has developed a new technology to minimize the use of dysprosium (Dy) in neodymium (Nd) magnets used in electric vehicles (EVs) and hybrid vehicles (HVs). Reduction in the use of rare earths whose prices are unstable will lead to the cost cutting of motors. Hitachi Metals has already begun commercial production of the magnet expecting that it wi...

Major Suppliers  Updated at: 2026/01/15