TEITO RUBBER Co,. Ltd. Business report FY2008
Business Highlights
| Financial Overview | (in millions of JPY) |
| FY2008 | FY2007 | Rate of Change (%) | Factors | |
| Sales | 8,138 | 9,294 | (12.4) | -Sudden and sharp decline in production in and after the latter half of the year had a negative impact. |
| Operating income | (25) | 382 | - | - |
| Ordinary income | (83) | 316 | - | - |
| Current net income | (79) | (183) | - | - |
R&D
R&D Activities
Recent Developments
-Fuel hoses that reduce fuel-vapor permeation to zero
-Fuel hoses that can be used with bio diesel fuel.
-R&D on hoses for hybrid, electric, and fuel cell vehicles is on going.
Licensing of Technology from Other Companies (As of Mar. 2009)
Licensing of Technology to Other Companies (As of Mar. 2009)
Recent Developments
-Fuel hoses that reduce fuel-vapor permeation to zero
-Fuel hoses that can be used with bio diesel fuel.
-R&D on hoses for hybrid, electric, and fuel cell vehicles is on going.
Licensing of Technology from Other Companies (As of Mar. 2009)
| Company name | Country | Technology | Contract period |
| Meiji Rubber & Chemical Co., Ltd. | Japan | Manufacturing technology for medium- and high-pressure hoses | Five years from Sep. 27, 1989 (Automatic renewal from then on) |
Licensing of Technology to Other Companies (As of Mar. 2009)
| Company Name | Country | Contract | Contract period |
| Meiji Rubber Kasei | Japan | Licensing of patent rights for TS-type process heads and technologies concerning continuous processing of cloth reinforced rubber hoses (under TS method). | Five years from Sep. 27, 1989 (Automatic renewal from then on) |
| Orion Rubber Mfg. | Philippines | Licensing of patent rights for TS-type process heads and technologies concerning continuous processing of cloth reinforced rubber hoses (under TS method), and technical partnership for manufacturing braided rubber hoses using the TBL method developed by the Company. | Five years from Feb. 27, 1992 (Automatic renewal from then on) |
| Kasmina | Vietnam | Technologies for manufacturing single-layer rubber hoses. | One year from July 1, 1998 (Automatic renewal from then on) |
| Technical assistance for outer braided/inner braided hoses. | One year from Mar. 30,2005 (Automatic renewal from then on) |
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| Technical assistance for spiral hoses. | Five year from Mar. 30, 2005 (Automatic renewal from then on) |
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| Indocarlo | Indonesia | Technical assistance for manufacturing of fuel hoses/breather hoses (single-layered/double-layered rubber hoses without braid reinforcement) for motorcycles and water hoses (braid-reinforced rubber hoses) for automobiles. | Seven year from Sep. 3, 2004 (Automatic renewal from then on) |
| Technical assistance for manufacturing fuel hoses and master vacuum hoses for automobiles | Seven years from Sep. 30, 2005 (Automatic renewal from then on) |
Investment Activities
| Capital Investment | (in millions of JPY) |
| FY2008 | FY2007 | FY2006 | |
| Overall | 187 | 170 | 106 |
-The main purposes for the capital investments were to make the Company's facilities producing hoses more efficient, fix and upgrade facilities according to a set schedule, meet environmental and safety requirements, and respond to new car launches.
Planned Capital Investments (As of Mar. 2009)
| Segment | Estimated amount of investment |
| Rationalization | 9 |
| Upgrading the main system | 5 |
| Test facilities | 12 |
| Quality improvements/Others | 10 |
| Cored bars and tools | 35 |
| Total | 71 |