KEIHIN CORPORATION Business report FY2007
Business Highlights
In million JPY | FY2007 | FY2006 | Rate of Change (%) | Factors |
Sales | 339,320 | 330,612 | 2.6% | -Sales increased due to strong sales of products for motor cycles; and general-purpose products. |
Operating income | 24,008 | 22,112 | 8.6% | - |
Ordinary income | 24,456 | 23,375 | 4.6% | -Ordinary income increased due to growing sales coupled with cost reduction efforts. |
Current net income | 11,201 | 12,846 | (12.8%) | - |
Contracts
-The Company supplied products for fuel supply systems, electronic
control systems, and air-conditioning systems. These included environmentally
friendly new injectors, significantly lighter magnesium intake manifolds,
etc. for the new Accord and Fit that Honda launched.
Building organizational structure to supply products globally
<The U.S.A.>
The Company established Keihin Michigan Manufacturing, LLC., which
started commercial production of fuel supply systems for automobiles
in March 2008.
See Investments for detail
<China>
Dongguan Keihin Engine Management System Co., Ltd. started commercial
production of air-conditioning system products in February 2008.
<Thailand>
Keihin Autoparts (Thailand) Co., Ltd.
(KTR) constructed a new EMS plant for automotive business,
which started commercial production of fuel supply system for automobiles
in March 2008.
See Investment for detail
R&D
R&D Costs for 2007 were 14,983
million yen. (Cost of sales and administrative costs were 1,713
million yen.)
Enhancing its development structure
<Japan>
The Company expanded the building holding the Tochigi R&D Center,
which conducts experiments on air-conditioning devices.
<Germany>
Keihin Sales and Development Europe GmbH, which was established
in January 2007, installed testing facilities and started to provide
technological support to its customers.
Four wheel vehicle business
- Activities related to modularity, integration technology, and
new production technology for fuel supply systems; and hydraulic
control systems (already commercialized)
- System parts which use alternate fuels (already commercialized)
- Highly functional injectors (already commercialized)
- Products that respond to European environmental regulations on
hazardous substances
- Development of highly responsive solenoids for active control
engine mounts (already commercialized)
Electronics business
- High integration of engine control units (already commercialized)
- Development of the control units for four-wheel vehicles (already
commercialized)
- Development of the control units for hybrid vehicles, and the
power modules for drivetrains (already commercialized)
- Development of the control units for safety equipment such as
air bags (already commercialized)
- Development of control units for active control engine mounts
(already commercialized).
Air conditioning business
- Low priced, highly efficient scroll type compressors (already
commercialized)
- Simulation tools designed for energy efficient air conditioners
- Development of high performance and compact automotive air conditioning
systems (already commercialized)