Chuo Malleable Iron Co., Ltd.
Company Profile
Business Overview
-The Company is a manufacturer of automotive cast-iron products and aluminum cast parts.
-The Company's business operations are separated into the following two sectors:
- Die-casting Business: deals in automotive parts, industrial-vehicle parts, industrial-robot parts
- Metal Furniture Business: deals in various types of chairs/ furniture for offices and facilities.
Financial Overview
-In the fiscal year that ended in March 2024, consolidated sales were JPY 33,198 million (0.9% YoY decrease), operating loss was JPY 321 million, ordinary profit was JPY 1,326 million (67.7% YoY increase), and net profit attributable to the parent company shareholders was JPY 813 million (21.2% YoY increase).
Shareholders
-Listed on the Main Market of the Nagoya Stock Exchange | (As of Mar. 31, 2024) |
Name or Company name | Investment ratio (%) |
Toyota Motor Corporation | 5.11 |
CMC Cooperative Association Shareholding Association | 4.36 |
MUFG Bank, Ltd. | 4.26 |
The Dai-ichi Life Insurance Company, Limited (Standing proxy: Custody Bank of Japan, Ltd.) | 4.26 |
Toyota Industries Corporation | 4.00 |
Sumitomo Mitsui Banking Corporation | 3.87 |
SINTOKOGIO, LTD | 2.97 |
Aioi Nissay Dowa Insurance Co., Ltd (Standing proxy: The Master Trust Bank of Japan, Ltd. ) | 2.93 |
Custody Bank of Japan, Ltd. (Trust Account 4) | 2.84 |
The Bank of Nagoya, Ltd. | 2.80 |
Total | 37.44 |
Products
-Engine brackets
-Flywheel stabilizers
History
Jun. 1930 | Established Takeyama Casting Works for normal pig iron casting. |
May 1933 | Started Takeyama Casting Malleable to produce malleable iron products. |
Jan. 1944 | Combined Adachi Machine Works and Sebe Iron Works Into a machining division and incorporated it into Chuo Malleable Iron Co., Ltd. |
May 1946 | Started production of tools made mainly from malleable iron. |
May 1948 | Started business with Toyota Jidousha Kogyo (currently Toyota Motor Company) as a tie-up plant. |
Mar. 1959 | Built the Nisshin Plant in Nisshin-cho, Aichi. (currently Nisshin City, Aichi) |
Sep. 1960 | Listed on the second section of the Nagoya Stock Exchange. |
Apr. 1968 | Established Toki Malleable Iron Co., Ltd. (currently a consolidated subsidiary) as a plant specializing in malleable iron products. |
Oct. 1973 | Set up the Kumamoto Plant in Otsu-cho, Kikuchi-gun, Kumamoto. |
Feb. 1981 | Acquired plant site (33,053m2) in Toki City, Gifu. |
Mar. 1988 | Changed the fiscal closing date from November 30 to March 31. |
Oct. 1993 | Completed developing land for the planned Toki Plant. |
Apr. 2001 | Signed a contract with Ishikawa Malleable Iron to establish a joint venture "Suzhou Ishikawa Iron Manufacturing Co., Ltd." in China (currently an affiliated firm) to produce ductile cast products. |
May 2001 | Acquired ISO14001. |
Jan. 2002 | Suzhou Ishikawa Iron Manufacturing Co., Ltd. started production. |
Mar. 2006 | Turned Toki Malleable Iron Co., Ltd. into a wholly owned subsidiary through a stock swap. (The company is currently a consolidated subsidiary.) |
Nov. 2012 | Constructed a new casting plant at Suzhou Chuo Malleable Iron Co., Ltd., the second one on the premises. |
Dec. 2018 | Established Gifu Kujiri Plant in Toki City, Gifu Prefecture. |
Apr. 2019 | Invested in Takeyama Foundry Co., Ltd. and made it a consolidated subsidiary. |
Supplemental Information 1
>>>Business Report FY ended Mar. 31, 2008
>>>Business Report FY ended Mar. 31, 2009
>>>Business Report FY ended Mar. 31, 2010
>>>Business Report FY ended Mar. 31, 2011
>>>Business Report FY ended Mar. 31, 2012
>>>Business Report FY ended Mar. 31, 2013
>>>Business Report FY ended Mar. 31, 2014
>>>Business Report FY ended Mar. 31, 2015