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5. Usui Kokusai Sangyo Kaisha, Ltd. Business Report FY ended Mar. 2016

Usui Kokusai Sangyo Kaisha, Ltd. Business Report FY ended Mar. 2016

Recent Developments

Developments Outside Japan

-In August 2016, Usui Automotive Parts (Shanghai) Co., Ltd. held a ceremony to celebrate the completion of its new plant in the Jinshan Industrial Park, Shanghai, China. The facility will produce components like high pressure fuel pipes for gasoline direct injection engines. (From a press release on August 31, 2016)

-In June 2016, Jiaxing USUI Tsurumi Precision Tube Industry Co.,Ltd. held a ceremony to celebrate the completion of its new plant in the Jiaxing Economic and Technological Development Zone in Zhejiang Province, China. The new facility will produce stainless steel pipes. (From a press release on July 6, 2016)

-In December 2014, the Company announced that its Chinese subsidiary, Jiaxing USUI Tsurumi Precision Tube Industry Co.,Ltd., has held a groundbreaking ceremony for a new plant at the Zhejiang Jiaxing Economic Development Zone. The new plant will manufacture stainless steel tubes and is expected to start operations during 2016. (From a press release on December 25, 2014)

-In Aug. 2013, the Company announced that its Chinese subsidiary, Usui Pipe Systems (Hefei) Co., Ltd., held a groundbreaking ceremony for a new plant in the Hefei Economic and Technological Development Zone in Anhui Province. The new plant, which will manufacture steel tubes for use in transportation equipment, is expected to start its operations in 2014. (From a press release on August 7, 2013)

-In Jun. 2013, the Company announced that its subsidiary, Usui Automotive Part (Foshan) Co., Ltd., launched production at the second plant in June 2013. The new plant manufactures automotive components mainly high-efficient engine parts, for which demand is projected to increase in the future. (From a press release on June 26, 2013)

-In 2005, the Company established Usui Automotive Parts (Foshan) Co., Ltd. in Foshan, China; and Shanghai Usui Engine Parts Co., Ltd. in Shanghai, China.

-In 2004, the Company established and started operations at Usui Automotive Parts (Shanghai) Co., Ltd. in Shanghai, China.


-In March 2014, the Company announced that it has held a ceremony to celebrate the completion of its plant at PT. Usui International Indonesia. The plant will manufacture fuel injection tubes for diesel engines, engine cooling fans, fan drives, and brake pipes. (From a press release on March 18, 2014)


-In Oct. 2013, the Company announced that Usui International Corporation (Thailand) Ltd. (UICT) has completed the construction of a new plant. The new plant has a production system which integrates brazing and plating. (From a press release on October 25, 2013)

-In Oct. 2009, UICT opened its second manufacturing facility in the Amata Nakorn Industrial Estate, Thailand, in July 2009. The new plant will support growing demand for fuel injection tubes in the European and Asian markets as well as future contracts from customers in Thailand. (From a press release on Oct. 12, 2009)


-In March 2015, the Company announced that it will open a new plant in Mexico in October. The new facility will produce fuel injection system components and engine parts, and will have equipment for plating and brazing. (From a press release on March 18, 2015)

-In July 2013, the Company announced that its Mexican subsidiary, Usui International manufacturing Mexico, S.A. de C.V. (UIMM), held a groundbreaking ceremony for a new plant in Silao, Guanajuato. The new plant will manufacture fuel injection pipes for diesel engines and other automotive pipes. Mass production is expected to start in August 2014. (From a press release on July 1, 2013)


-In May 2015, the Company announced that its Indian subsidiary, USUI SUSIRA International Private Limited, has held an opening ceremony for a new plant in the suburbs of Chennai. (From a press release on May 22, 2015)

-In May 2013, the Company announced that it has acquired all of the shares of India-based SUSIRA Industries Ltd., and has turned it into a wholly-owned subsidiary of Usui Kokusai Sangyo. SUSIRA Industries, whose market share of engine valve push rods is roughly 80%, changed its corporate name and has been operating as "USUI SUSIRA International Private Limited" since April 2013. (From a press release on May 31, 2013)


-In July 2008, USUI International Corporation Virginia Plant started production of fuel injection tubes at its new plant. With the opening of a new facility the Company will meet the increasing demand for diesel engine parts in the light of an anticipated surge in the popularity of diesel cars. (From a press release on Jul 7, 2008)


-In 2007, the Company established Usui International Korea Co., Ltd. in Seoul, Korea.

Developments in Japan

--In Aug. 2015, the Company announced that it has celebrated the completion of a new facility at its Izu-Nagaoka Plant in Shizuoka Prefecture, Japan. The company aims to strengthen the product competitiveness of its externally controlled fan drives and high efficiency fan drives that are contributing to improve engine fuel efficiency. (From a press release on August 18, 2015)

-In Nov. 2009, the Company announced that its Gotemba No.2 Plant has been completed in the Fuji Gotemba Industrial Park, Shizuoka Pref. (From a press release on Nov. 2, 2009)

Awards

-In July 2016, the Company received the BCP Contribution Award from Jatco. (From a press release on August 8, 2016)

-In May 2016, the Company received the Quality Contribution Award from Nissan Shatai. (From a press release on May 30, 2016)

-In May 2016, the Company was awarded by Nissan Motor Kyushu for its outstanding contribution to the "Thanks" program in FY 2015. (From a press release on May 9, 2016)

-In Jun. 2015, the Company announced that USUI SUSIRA International Private Limited has received the Cummins India Superior Quality Award. (From a press release on June 23, 2015)

-In May 2015, the Company announced that it has received the 2014 Excellent Quality Award from Mitsubishi Motors. (From a press release on June 26, 2015)

-In March 2015, the Company received the Global Contribution Award and the Excellent Technical Development Award from Hino Motors. (From a press release on March 5, 2015)

-In January 2015, USUI International Corporation (Thailand) Ltd. received the 2014 GM Supplier Quality Excellence Award from General Motors. (From a press release on January 14, 2015)

-In Jan. 2015, the Company announced that the Ohio Plant of its U.S. subsidiary, USUI International Corporation, has received Ford's Q1 quality certification. (From a press release on January 9, 2015)

-In Aug. 2014, the Company announced that it has received the "2013 VFG (Vehicle Function Group) Excellence Award" from Mitsubishi Motors Corporation in recognition of its cost reduction activities. (From a press release on August 4, 2014)

-In May 2014, the Company announced that it has received an award from Nissan Shatai Co., Ltd. for its quality improvement activities. (From a press release on May 29, 2014)

-In Mar. 2014, the Company announced that it has been awarded the "Best 'Quality & Delivery' Partner 2013" from VE Commercial Vehicles Ltd., a joint venture between the Volvo Group and Eicher Motors Limited. (From a press release on March 24, 2014)

-In Nov. 2013, USUI International Corporation (Thailand) Ltd. (UICT) has received the 2013 GM Supplier Quality Excellence Award. (From a press release on November 13, 2013)

-In Jun. 2013, the Company announced that its U.S. and Thai subsidiaries, Usui International Corporation (Thailand) Ltd. (UICT) and Usui International Corporation (UIC), received the GM Supplier of the Year in the category of Powertrain. UICT has also been honored with the GM Excellence Award 2012. (From a press release on June 12, 2013)

-In April 2010, UICT received "Best Delivery Award" for 2009 from Isuzu Motors Co., (Thailand) Ltd. UICT was selected winner of this award for the first time. (From a press release on May 28, 2010)

-In March 2010, UICT was recognized for its outstanding performance in quality and named runner-up by TMAP-EM (Toyota Motor Asia Pacific Engineering & Manufacturing Co., Ltd.) for the second year in a row. (From a press release on April 20, 2010)

-In December 2015, the Company and Industrial Quality Management Sdn. Bhd. (IQM), an auto parts supplier headquartered in Selangor, Malaysia, reached a technical agreement, under which the Company will provide technical support in the areas of brake and fuel pipes to IQM. (From a press release on December 23, 2015)

-In March 2010, the Company has signed a Technical Assistance Agreement for Fan Drive with Indian automotive supplier Lucas-TVS Limited. Lucas-TVS is headquartered in Chennai and manufactures motors, alternators, engine cooling fans and ignitions. (From a press release on June 11, 2010)