Aska Corporation

Company Profile

■URL

https://www.aska.co.jp/

■Address

11 Higashifukito, Ichiriyama-cho, Kariya-shi, Aichi-ken, 448-0002, Japan

Business Overview

-The Company operates in three segments, the automotive-parts business, power-distribution-panel business, and robot-systems business. The automotive-parts business manufactures and sells products such as pillars, side roof-rails, floor cross-bars, radiator supports.

Financial Overview

-Business results for the fiscal year that ended in November 2023 are provided below:
Consolidated sales: JPY 45,434 million (35.7% year-on-year increase)
Operating profit: JPY 1,722 million (95.4% year-on-year increase)
Ordinary profit: JPY 2,042 million (57.4% year-on-year increase)
Current net profit attributable to the parent company: JPY 1,440 million (31.4% year-on-year increase)

Shareholders

-Listed on the Main Market of the Nagoya Stock Exchange

(As of Nov. 30, 2023)

Shareholders	Investment Ratio (%)
CIS	21.95
Nichias Corporation	13.63
Sumitomo Mitsui Banking Corp.	4.93
Employees stockholding	3.46
MUFG Bank, Ltd.	2.62
TONE Co., Ltd.	2.62
Individual shareholder	2.59
The Aichi Bank, Ltd.	2.52
Individual shareholder	2.47
San ju San Financial Group, Inc.	1.99
The Shoko Chukin Bank, Ltd.	1.99
Total	60.82

Access the latest exhibition info.
Click for a free trial!

Products

-Center pillars
-Roof rails
-Radiator supports
-Engine mounts
-Heat insulators

View latest major parts supplier agreements.
Click for a free trial!

History

1953	Originally established as Katayama Industry Co., Ltd., with the aim of manufacturing and selling general metal products and automotive sheet metal parts in Iseyama, Nakaku, Nagoya City, where the present headquarters is registered.
1954	Started doing business with New Mitsubishi Heavy Industries, Ltd. (currently Mitsubishi Heavy Industries Co., Ltd. and Mitsubishi Motors Corporation Co., Ltd.) Started doing business with Aichi Machine Industry Co., Ltd. Started doing business with Toyo Rayon Co., Ltd. (currently Toray Co., Ltd).
1959	Established Minamihama Factory in Atsuta-Higashimachi, Mizuho, Nagoya City, to produce sheet metal parts.
1963	Started doing business with the Matsushita Electric Works, Ltd. Co., Ltd.
1964	Established Fujimatsu Factory in Kariya, Aichi Prefecture, to produce medium-sized sheet metal parts.
1969	In an effort to integrate the organization, the company closed the Minamihama Factory and transferred the production department to the Fujimatsu Factory. At the same time the Fujimatsu Factory was renamed as the main factory.
1985	Established the Kouda Factory to produce large-sized sheet metal parts in Kouda-cho, Nukata-gun, Aichi Pref.
1988	Acquired Nishiyama Industry, a thick material stamping company, and established a subsidiary ASKA industrial Co., Ltd.
1989	Based on a joint-venture agreement, the company invested in Jeil Kiyeon Co., Ltd, a newly-established tool and die production company in South Korea.
1992	Changed its trade name to ASKA Corporation.
1994	Commenced production of automotive mufflers.
1996	Added welding assembly shop and office building within the Kouda Factory.
1997	Listed on the second section of the Nagoya Stock Exchange.
2000	Transferred the headquarters to Kariya City, Aichi Pref.
2002	Completed liquidation of Aska Industrial Co., Ltd.
2004	Established Aska Engineering Corporation as its subsidiary in the U.S.A.
2005	Stamping shop newly established in the headquarters plant. The Company established A.K. of West Virginia Corporation, an affiliate, in the U.S.A.
2007	Established Aska USA Virginia Corporation in the U.S.A. Set up a new plant in Takahama City, Aichi Prefecture, Japan. Sold off A.K. of West Virginia Corporation located in the U.S.A.
2012	Established PT. Auto Aska Indonesia in Indonesia.
2022	Moved from the Second Section of the Nagoya Stock Exchange to the Main Market due to the NSE's reorganization.