Jidosha Buhin Kogyo Co., Ltd. Business report FY2008
|Financial Overview||(in millions of JPY)|
|FY2008||FY2007||Rate of Change (%)||Factors|
|Operating income||1,218||3,623||(66.4)||-Income decreased as a result of sales decline and capital investment increase.|
|Current net income||456||2,592||(82.4)|
|R&D Expenditure||(in millions of JPY)|
|Engine parts business||0||41||43|
|Automotive parts division||256||374||389|
-Under its partnership with JBK Services, which mainly involves R&D activities, the Company is jointly researching and developing automotive parts used in diverse powertrains.
-Part of the activities in advanced technological products are being conducted jointly with Isuzu.
-Development was carried out both on various propeller shafts for pickup truck transmissions to increase higher torque output and on various power takeoffs designed to match the type of body, as well as cam gears, rocker arm and flywheels.
-Because the Company has promoted their business to receive awards from automobile makers which with they never had business together in the past, it has been developing large and small propeller shafts to suit the needs of new customers.
Technology Import (As of Mar. 2009)
|Licenser||Licensed technology||Contract||Contract term|
|Eaton Corporation (U.S.A.)||Manufacturing technologies for no-spin differentials||1.To provide know-hows, drawings and technical
data on design and forming process.
2.To license trademark.
|Capital Investment||(in millions of JPY)|
|Engine parts business||619||1,147||430|
|Automotive parts division||3,435||1,590||1,244|
Engine parts business
-The Company invested in enhancement of production capacity of industrial machinery engines.
Automotive parts division
-Investment at the automotive components division was mainly focused on increasing capacity to manufacture propeller shafts, flywheel and rocker arm assemblies, and upgrading aging facilities.
New Facilities (automotive parts business) (As of Mar. 2009)
|Name||Location||Type of facility|| Planned total investment
(in millions of JPY)
|Construction start month||Planned completion month|
|Head Office/ Ebina Plant||Kanagawa Pref., Japan||Processing equipment for power transmission parts, etc.||110||Apr. 2009||Mar. 2010|
|Processing equipment for power transmission parts, etc.||930||Apr. 2009||Mar. 2010|
|Mooka Plant||Tochigi Pref., Japan||Processing equipment for engine parts, etc.||140||Apr. 2009||Mar. 2010|
|P.T. Jibuhin Bakrie Indonesia||Karawan, Indonesia||Processing equipment for engine parts, etc.||70||Jan. 2009||Dec. 2009|
|Jibuhin (Thailand) Co., Ltd.||Chonburi, Thailand||Processing equipment for power transmission parts, etc.||70||Jan. 2009||Dec. 2009|