Alps Alpine Co., Ltd. (Formerly Alps Electric Co., Ltd.)

Company Profile

■URL

https://www.alpsalpine.com/e/

■Address

1-7, Yukigaya-otsukamachi, Ota-ku, Tokyo, 145-8501, Japan

Business Overview

-The Company is a manufacturer of electronic components. It supplies customized products and modules including control panels and steering modules tailored to each model. It also supplies general-purpose components.

Business Segments

-For the fiscal year ending March 31, 2023, the components business will account for 31.7% of sales, the sensors and communications business will account for 8.7%, and the modules and systems business will account for 57.5%.

-From the fiscal year than ends in March 2024, reorganized its business segments as follows:

Business Segment		Main Products
Component Business		Switches Actuators Haptics
Sensor & Communications Business		Sensors Communications devices
Module & Systems Business		In-vehicle modules Infotainment Displays Sound
Other Businesses

-The production and sale of automotive audio systems and information/communications systems such as automotive audio equipment and car navigation systems is conducted by Alpine, an affiliate under the Company. The production by Alpine is being conducted at Alpine Manufacturing in Japan, Alpine Electronics Manufacturing of Europe, Dalian Alpine Electronics Co., Ltd. in China, as well at other locations in Asia and North America.

Shareholders

-Listed on the Prime Market of the Tokyo Stock Exchange.

(As of Mar. 31, 2024)

Name or Company Name	Investment Ratio (%)
The Master Trust Bank of Japan, Ltd. (Trust Account)	21.45
Custody Bank of Japan, Ltd. (Trust Account)	8.92
S-Grant Co., Ltd.	7.49
NORTHERN TRUST GLOBAL SERVICES SE, LUXEMBOURG RE LUDU RE: UCITS CLIENTS 15.315 PCT NON TREATY ACCOUNT (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)	2.54
Individual shareholders	2.49
STATE STREET BANK AND TRUST COMPANY 505103 (Standing Proxy: Mizuho Bank, Ltd.)	1.78
TAIJU LIFE INSURANCE COMPANY LIMITED	1.74
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)	1.67
SSBTC CLIENT OMNIBUS ACCOUNT (Standing Proxy: HSBC Bank Tokyo Branch)	1.45
Nippon Life Insurance Company	1.33
Total	50.91

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Products

Components
-Switches
-Variable resistors
-Haptic reactors

Sensors and communication devices
-Electric-current sensors
-Magnetic sensors
-Millimeter-wave sensors
-Wireless communication devices

Modular systems
-Integrated displays
-Sound systems
-Electronic shifters
-Power-wind switch
-Cabin controllers
-Functional surfaces
-Alpine premium sound systems

ALPINE Products
-Car navigation system
-Display audio
-Monitor
-Camera
-Speaker
-Car audio
-Drive recorder
-Rear safety camera
-Digital mirrors

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History

Nov. 1948	Established as Kataoka Electric Co., Ltd.
Apr. 1961	Placed on the over-the-counter market of Tokyo.
Oct. 1961	Listed on the 2nd section of the Tokyo Stock Exchange (moved to the 1st section in August 1967)
Sep. 1964	Furukawa Plant established in Furukawa City, Miyagi Prefecture.
Dec. 1964	Company name changed to Alps Electric Co., Ltd.
Jun. 1966	Wakuya Plant established in Tohda-gun, Miyagi Prefecture.
Sep. 1967	Listed on the Osaka Stock Exchange and Nagoya Stock Exchange (Delisted in February 2004)
Jul. 1970	Its Central Laboratory was established at its Furukawa Plant (It has since been relocated to Sendai, Miyagi Prefecture in August 1991)
Sep. 1979	Alps Electric Europe GmbH established in Germany.
Nov. 1984	Established Alps Electric (UK) in England.
Feb. 1987	Alps Electric Korea established in Korea.
Mar. 1988	Alps Electric (Ireland) established in Ireland.
Dec. 1993	Dalian Alps Electronics established in China.
Apr. 1995	Alps Automotive Inc. established in the U.S.
Mar. 1998	All domestic divisions awarded ISO9001.
May, 1998	Precision Machine and Tool Center Kitahara Plant established in Furukawa City, Miyagi Prefecture.
Apr. 1999	Cryodevice Inc., a joint venture with Denso, established.
Dec. 1999	All domestic divisions awarded ISO14001.
Mar. 2007	Concluded basic agreement upon transfer of facilities and intellectual property rights of HDD head business to TDK Corporation.
Apr. 2010	Alps Electric (North America), Inc. absorbed Alps Automotive, Inc. and Alps Electric (USA), Inc.
Aug. 2011	Established Alps Electric (India) Private Limited.
Aug. 2013	Established Alps de Mexico S. de R.L. de C.V. as an sales location.
Aug. 2015	Established Alps Electric Vietnam Co., Ltd.
Jun. 2016	Changed company structure to one operating under an audit and supervisory committee
Oct. 2016	Absorbed operations of Alps Green Devices, Co., Ltd.
Jan. 2019	Conducted a stock transfer, which made Alpine Co., Ltd. a wholly owned subsidiary, and changed the company name to Alps Alpine Co., Ltd.
Apr. 2020	Acquired and merged all the business operations of Alpine Electronics Company.
Mar. 2022	Alpine Electronics of America, Inc. was merged into Alps Alpine North America, Inc.
Jun. 2022	Alps Logistics Co., Ltd. and 25 subsidiaries were changed from consolidated subsidiaries into subsidiaries based on the equity method of accounting.