TPR Co., Ltd. Business Report FY ended Mar. 2020
Financial Overview |
(in million JPY) |
FY ended Mar. 31, 2020 | FY ended Mar. 31, 2019 | Rate of Change (%) | Factors | |
Overall | ||||
Sales | 178,530 | 192,619 | (7.3) | - |
Operating income | 13,923 | 18,309 | (24.0) | - |
Ordinary income | 16,400 | 21,765 | (24.6) | |
Net income attributable to owners of the parent | 7,318 | 11,515 | (36.4) |
>>>Financial Forecast for the Next Fiscal Year (Sales, Operating Income etc.)
R&D Expenditure |
(in million JPY) |
FY ended Mar. 31, 2020 | FY ended Mar. 31, 2019 | FY ended Mar. 31, 2018 | |
Overall | 5,706 | 6,008 | 5,566 |
-TPR Group (excluding Faltec) | 3,221 | 3,390 | 3,192 |
-Faltec Group | 2,485 | 2,618 | 2,374 |
Major R&D Facilities
-R&D activities are conducted at the Technical Centers located within the Nagano Plant and in the Okaya-City, Nagano Pref. Japan.
R&D Activities
-R&D activities on lowering friction, controlling heat, reducing weight, cleaning exhaust gas, as well as developing products that use alternative fuels such as biofuels and CNG.
-Development of production methods for automating inline measuring so as to make products that offer greater precision, are drastically lower in cost, and minimize energy consumption in production.
-Conduct activities to transfer new technologies to overseas operations, ensure products offer a consistent level of quality worldwide by forming partnerships with partners outside Japan, and develop new products and technology for customers outside Japan.
-Strengthening initiatives in non-powertrain parts in response to the rapidly growing electric-vehicle market. In applying new technologies, the Company is making products more lightweight by combining various materials such as aluminum and plastics; and making seals mainly from rubber.
R&D Achievements
<Powertrain Parts>
- Piston Rings
-Commercializing ultra-low-friction and low-oil-consumption oil rings to reduce fuel consumption
-Commercialization of highly durable friction material DLC (Diamond Like Carbon) film, to improve reliability
-Innovative piston rings manufactured on a production line that significantly reduces costs, in order to meet the need for lower priced products - Cylinder liners
-Commercialization of small-diameter, thin-walled, highly thermal-conductive cylinder liners for compact engines, to improve fuel efficiency and reliability
-Commercialization of heat-control liners, to lower friction
-Establishment of low-friction liners with inner-surface properties to increase reliability
-Commercialized a gravity-cast "ASLOCK" liner - Valve seats/valve guides
-Commercialization of highly wear-resistant valve-seat material in response to alternative fuels.
-Valve seats manufactured on a production line that significantly reduces costs, in order to meet the need for lower priced products.
-Commercialization of highly thermal-conductive valves
<Non-powertrain parts>
- Plastic and rubber products
-Commercialization of plastic seal rings for transmissions
-High-precision, automotive rubber seal parts
-Commercialization of plastic vanes for vacuum pumps - Forged products
-Commercialized a brake-drum insert applying "ASLOCK" liner technology
Capital Expenditure |
(in million JPY) |
FY ended Mar. 31, 2020 | FY ended Mar. 31, 2019 | FY ended Mar. 31, 2018 | |
Japan | 4,349 | 4,477 | 4,103 |
Asia | 3,522 | 3,152 | 2,057 |
North America | 762 | 655 | 559 |
Others | 54 | 33 | 23 |
Faltec Group | 5,736 | 5,597 | 6,330 |
Total | 14,426 | 13,916 | 13,074 |
Planned Capital Investments (Automobile related product business) |
(As of Mar. 31, 2020) |
Name/ Name of the company |
Location | Type of facility and purpose | Planned investment (million JPY) |
Planned construction start date | Planned completion | Increased capacity upon completion |
The Company's Nagano factory |
Nagano Pref., Japan |
Relocation of R&D functions and production plant; piston-ring production facilities | 3,400 | Apr. 2020 | Mar. 2021 | No impact on production capacity |
PT. TPR Indonesia | West Java, Indonesia |
Addition to production plant, additional production facilities | 1,200 | Sep. 2019 | Dec. 2020 | Increase capacity by 10% |
TPR Industry Co., Ltd. | Yamagata Pref., Japan |
Cylinder-ring production facilities | 1,200 | Jul. 2019 | Mar. 2021 | No impact on production capacity |
TPR Vietnam Co., Ltd. | Binh Duong, Vietnam |
Production facilities for various products | 860 | Apr. 2020 | Mar. 2021 | Increase capacity by 45% |
Faltec Co., Ltd. | Kanagawa Pref., Japan |
Production facilities for automotive parts | 700 | Oct. 2020 | Jan. 2022 | - |
Anqing TP Goetze Liner Co., Ltd. | Anhui Province, China |
Production facilities for cylinder liners | 600 | Jan. 2020 | Dec. 2020 | No impact on production capacity |