Exchange due to the TSE's reorganization. May 2022 Acquired the stock shares held by Sumitomo Corporation in India Steel Summit Private Limited based in Uttar Pradesh, India, turning the company into a subsidiary for the purpose of processing steel and manufacturing stamped parts and dies. Apr. 2023 Established F-Tech North America Inc in Michigan, U.S.A., to conduct sales activities in the North American region. Oct. 2023 Moved to the Toky...

Major Suppliers  Updated at: 2025/10/01

duce transport costs, and strengthen its total production system with the addition of the Ohio plant’s coating process. (From an article in the Nikkan Jidosha Shimbun on June 11, 2024) R&D Expenditure (in million JPY)   FY ended Mar. 31, 2025 FY ended Mar. 31, 2024 FY ended Mar. 31, 2023 Overall 2,810 1,848 2,017 R&D Facilities -Headquarters Technical Center (Inuyama, Aichi Prefecture)-Hiroshima Technical Center (Higashi Hi...

Major Suppliers  Updated at: 2025/09/25

In September 2022, the Company entered into an agreement with Ichikoh Industries to acquire a 100% stake of Ichikoh’s mirror business for JPY 5.2 billion. The transaction involves the acquisition of Ichikoh’s mirror business in Japan and China, comprised of three manufacturing plants. In August 2023, the Company completed the transaction, acquiring 100% of shares of Misato Industries Co. Ltd., Japan and Ichikoh (Wuxi) Automotive Parts Co., Lt...

Major Suppliers  Updated at: 2025/09/22

oil coolers and exhaust gas heat exchangers. Divestitures -On April 2, 2024, the Company and Hella GmbH & Co. KGaA (FORVIA HELLA) completed the sale of their 50:50 joint venture Behr-Hella Thermocontrol (BHTC) to AUO Corporation. The parties had signed an agreement to sell the shares on October 2, 2023, with an enterprise value of EUR 600 million. Founded in 1999, BHTC, headquartered in Lippstadt, Germany, is a leader in the field of climate con...

Major Suppliers  Updated at: 2025/09/03

olgore full-electric coupé with Marelli’s e-motors Marelli displays electrification technologies at CTI Symposium in Berlin Marelli wins global order for BMS from major carmaker Marelli develops and produces headlamps for new DS 7 Marelli develops and produces rear lamps for BWM i7 Auto Shanghai 2023: Marelli presents “In-cabin Advanced Technology Showcase” for first time Marelli develops cockpit domain control unit (DCU) for new Peugeot 4...

Major Suppliers  Updated at: 2025/09/03

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: 2025/09/02

ering wheels and air-conditioning control units. By using a touch panel, it provides operational feedback through vibrations to maintain an intuitive feel and operate quietly. (Detailed News) R&D Expenses (in JPY millions)   FY ended Mar.31, 2025 FY ended Mar.31, 2024 FY ended Mar.31, 2023 Company wide 24,346 32,959 31,910 -Component 6,911 6,805 7,716 -Sensor and Communication 9,572 7,071 6,078 -Module and System 7,584 18,86...

Major Suppliers  Updated at: 2025/09/02

tive padMetal Components-Bulkhead-Door reinforcements-Structural side reinforcements-Power window tracks-Door frames -Window guide rails-Window supports-Battery supports-Structural cross-pieces-Roof arches Financial Overview  (in EUR millions)   FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 Rate of change (%) Factors Net Sales 4,190.7 4,617.4 (9.2) 1) EBITDA 315.0 328.5 (4.1) 2) Sales by business unit Product Systems 3,791.2...

Major Suppliers  Updated at: 2025/08/28

ing-Bonding tapes-Grinding wheels-Adhesive tapes-Gasketing foams-Thermal interface materials-Films for e-motor electrical insulation-Multi-layers mats-Alumina suspension-Boron nitride powder-Compression pads Financial Overview (in EUR millions)   FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 Rate of change (%) Factors Overall Net Sales 46,571 47,944 (2.9) 1) Operating Income 5,304 5,251 1.0 - Sales by segments [automotive rela...

Major Suppliers  Updated at: 2025/08/27

nsportation tires and related distribution; Segment includes the Connected Solutions businesses. Specialty businesses and related distribution; Segment includes tire businesses for Mining, Aircraft, and Beyond-road activities, as well as Polymer Composite Solutions business. Global Tire Market -In 2023, the Company was the largest tire manufacturer in the world with a 14.4% global market share.-The size of the global tire market in 2023 was over...

Major Suppliers  Updated at: 2025/08/27

nce the coordination of technologies relating to automobile parts and promote internalization of core technologies. (From an article in the Nikkan Jidosha Shimbun on October 29, 2024)  R&D Expenditure (in billions of JPY)   Y ended Mar. 31, 2025 Y ended Mar. 31, 2024 Y ended Mar. 31, 2023 Group 19.4 15.5 14.3 R&D Facilities Name Location Technical Center Tochigi Pref., Japan Engineering Center Tochigi Pref., Japan S...

Major Suppliers  Updated at: 2025/08/25

Automotive Equipment Life Building Systems Air conditioning systems, home appliances Business Platform (BP) IT systems and services Semiconductor Device (SD) Semiconductor & Device ・Commenced the operations of its new subsidiary, Mitsubishi Electric Mobility Corporation.・In April 2023, Mitsubishi Electric announced the start of automotive equipment business restructuring. It will withdraw from the Automotive multi-media busines...

Major Suppliers  Updated at: 2025/08/25

Moteurs According to Mexico-Now, an automotive supplier, Dayco Products LLC. (Dayco), will build its second plant in the state of San Luis Potosi with an investment of USD 11.5 million in the Tres Naciones Park in the capital city of San Luis Potosi. With construction expected to be completed in 2023, the new plant will produce belts for high-tech light vehicles when it becomes operational in early 2024 with 100 employees. Dayco’s operations...

Major Suppliers  Updated at: 2025/08/13

ed on the announcement of the company's financial results. Past Performance Nippon Seiki Co., Ltd.'s third quarter results (cumulative) Nippon Seiki Co., Ltd.'s second quarter results (cumulative) Nippon Seiki Co., Ltd.'s first quarter results    Medium-Term Management Plan 2026 -On November 10, 2023, the Company made a medium-term management policy covering the three years from fiscal 2024 to 2026. The plan is called "Nippon Seiki Group New M...

Major Suppliers  Updated at: 2025/08/04

ectrification and intelligence. Denso will sell all of its Aisin shares (except for the number of shares less than one unit), and Toyota Industry will part of its Aisin shares. On the same day, Aisin announced sales of its shares, and acquisition of its own shares up to JPY 100 billion. In November 2023, Toyota, Toyota Industries, and Aisin announced sales of their stake in Denso. The unwinding of cross-shareholding in the Toyota Group is advanci...

Major Suppliers  Updated at: 2025/08/04

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: 2025/07/31

ting assemblies-Power distribution boxes-Hybrid and electric mobility solutions-Infotainment connectivity solutions-Mechatronic components-Application tooling-Antennas systems-Tuner systems-Telematics systems Financial Overview (in million USD)   FY ended Sep. 27, 2024 FY ended Sep. 29, 2023 Rate of change (%) Factors Overall Net Sales 15,845 16,034 (1.2) 1) Operating Income 2,796 2,304 21.4 - Transportation Solutions Segment...

Major Suppliers  Updated at: 2025/07/29

rian Protection AirbagAWS: Anti-whiplash systemsAdditional safety features-Battery disconnect safety switches-Pyro safety switches-Automatic bolt release systems-Integrated child booster seatsTorricelli brake Financial Overview (in million USD)   FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 Rate ofchange (%) Factors Overall   Net Sales 10,390 10,475 (0.8) 1) Operating Income 979 690 41.9 2) Sales by Product Line Airbag, St...

Major Suppliers  Updated at: 2025/07/29

her activities.   -In March 2022, the Company reached an agreement with AEQUITA SE & Co. KGaA for the sale of its Electronic Interfaces product line under the Electrified Powertrain Technology division. The Company completed the divestiture of the Electronic Interfaces product line in November 30, 2023.-The Company’s business operations are organized into several divisions which are further divided into business units. In January 1, 2024, the ...

Major Suppliers  Updated at: 2025/07/29

former Powertrain business area of the Company, has become independent. Featured report   SDV-related Technologies - Lectures and Exhibits  Click here for featured report   Elektrobit's Software Solutions for Next-gen Vehicles  Click here for featured report   2023 Business Overview of Suppliers in Europe and the U.S.  Click here for featured report   -As of December 31, 2024, the IHO Group ho...

Major Suppliers  Updated at: 2025/07/29