Jidosha Buhin Kogyo Co., Ltd. Business Report FY2009

Business Highlights

Financial Overview

(in millions of JPY)
  FY2009 FY2008 Rate of Change (%) Factors
Sales 35,439 50,790 (30.2) -Sales declined impacted by sluggish demand amid the global economic recession.
Operating income 456 1,218 (62.6) -
Ordinary income 715 1,408 (49.2) -
Current net income (621) 456 - -
Engine parts business
Sales 17,099 25,422 (32.7) -
Operating income 6 479 (98.7) -
Automotive parts division
Sales 18,157 25,253 (28.1) -Despite a rebound in demand for trucks in emerging countries especially in China, recession in developed markets such as the U.S. and Europe, as well as a decline in volume for transportation and downturn in corporate profitability in Japan combined to have a negative impact on sales.
Operating income 380 638 (40.4) -


R&D Expenditure

(in millions of JPY)
  FY2009 FY2008 FY2007
Overall 118 256 416
Engine parts business 0 0 41
Automotive parts division 118 256 374

R&D Structure

-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.

R&D Activities

Automotive parts
-The Company developed various types of propeller shafts primarily for medium and light-duty trucks, power take off systems to meet various needs for mounting and engine components like rocker arms and flywheels. 
-The Company conducted development of small size propeller shafts and drive plates designed for automakers the Company has never done business with, as well as engine components to improve fuel efficiency.

Technology Import

(As of Mar. 31, 2010)

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.
Apr.16, 2009 - Apr.15, 2011

Investment Activities

Capital Investment

(in millions of JPY)
  FY2009 FY2008 FY2007
Overall 1,286 4,056 2,738
Engine parts business 110 619 1,147
Automotive parts division 1,176 3,435 1,590

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. 31, 2010)

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. 235 Apr. 2011 Mar. 2011
Processing equipment for power transmission parts, etc. 215 Apr. 2011 Mar. 2011
Mooka Plant Tochigi Pref., Japan Processing equipment for engine parts, etc. 150 Apr. 2011 Mar. 2011
P.T. Jibuhin Bakrie Indonesia  Karawan, Indonesia Processing equipment for engine parts, etc. 400 Jan. 2010 Dec. 2010
Jibuhin (Thailand) Co., Ltd. Chonburi, Thailand Processing equipment for power transmission parts, etc. 50 Jan. 2010 Dec. 2010