Eagle Industry Co., Ltd.

Company Profile

■URL

https://www.ekkeagle.com/en/

■Address

14F, Shiba-Park Bldg., 2-4-1, Shiba-koen, Minato-ku, Tokyo, 105-8587 Japan

Business Overview

-The Company manufactures and sells mainly mechanical seals, special valves and other sealing products.

-The Company is an affiliate of NOK.

-Striving to develop and sell products leveraging unique technologies in the next-generation automobile and energy markets.

Financial Highlights

-The Company’s financial results for the fiscal year that ended in March 2020 are as follows:
Consolidated sales: JPY 142,106 million (4.9% decrease year-over-year)
Operating income: JPY 5,772 million (40.8% decrease year-over-year)
Ordinary income: JPY 6,766 million (42.2% decrease year-over-year)
Current net profit attributable to the parent-company’s shareholders: JPY 2,907 million (58.7% decrease year-over-year)

Shareholders

-Listed on the First Section of the Tokyo Stock Exchange. (As of Mar. 31, 2020)
Name or Company name Investment Ratio (%)
NOK Corporation 28.99
Freudenberg S.A. 7.74
The Dai-ichi Life Insurance Company, Limited 5.62
Japan Trustee Services Bank, Ltd. (Trust Account) 4.71
The Master Trust Bank of Japan, Ltd. (Trust Account) 4.39
Sumitomo Mitsui Banking Corporation 3.14
MUFG Bank, Ltd. 2.69
Eagle Industry's Employees Stockholding 2.44
GOVERNMENT OF NORWAY 1.31
Chugoku Bank Ltd. 1.30
Total 62.32

Products

Automotive and construction machinery products
-For high surface speed, energy saving systems

  • Low torque, high speed seals for EV drive motor cooling system / gearbox
  • Low torque seal for extremely high speed applications
  • Low torque seal for water pumps
  • Low torque carbon bearing with textured washer for electric water pump

    -For air-conditioning compressor

    • Control valve (for variable displacement A/C compressors)
    • Lip seal (for A/C compressors)
    • Mechanical seal (for A/C compressors)

    -For water pump

    • Mechanical seals (for water pumps)
    • Carbon bearing

    -Fuel systems

    • Metal diaphragm damper (Pulse dampener capsule)
    • Fuel tank isolation valve (FTIV for hybrid vehicles)

    -Charging/Intake and Exhaust systems)

    • Wastegate actuator
    • VG turbocharger actuator
    • Ejector
    • Metal seal

      -For drivetrain systems

      • AT/CVT solenoid valves

      -Suspension/Undercarriage/Brake

      • Shock absorber solenoid valves

      -Other applications

      • Fuel cell solenoid valves
      • Bellows products
      • Electrically conductive SY Joints (for cable break prevention)
      • Lubles sintered mechanical parts
      • Lubles oilless sintered bearings

           
          Products of Eagle ABC Technology S.A.S.
          -Bobbins, coils, solenoid valves, antennas, sensors, etc.

          History

          Oct. 1964 Established as "Nihon Seal All Co., Ltd."
          June, 1978 Changed the company name to "Eagle Industry Co., Ltd."
          June, 1979 Established Eagle Industry Taiwan Corporation in Taiwan.
          Oct. 1979 Established Eagle EG&G Inc. (currently EKK Eagle America Inc.) in order to manufacture and sell bellow valves in the U.S.A.
          Jane, 1982 Listed on the Second Section of the Tokyo Stock Exchange.
          Apr. 1985 Established Ukan Precision Co., Ltd.
          Oct. 1987 Established P.T. Eagle Industry Indonesia in Indonesia.
          Dec. 1987 The Company, NOK, and Zuishin Tsusho Corporation (Korea) jointly established NOK Eagle Korea Co., Ltd. in order to manufacture and sell mechanical seals.
          Jan. 1988 Established Eagle Industry (Thailand) Co., Ltd.
          Mar. 1989 Established Eagle Machine Works Co., Ltd. in order to manufacture mechanical seals and other products. for
          Nov. 1990 Established Shimane Eagle Co., Ltd. for in order to manufacture mechanical seals and other products.
          Sep. 1991 Listed on the First Section of the Tokyo Stock Exchange.
          Dec. 1993 Established Eagle Techno East Japan Co., Ltd.
          Apr. 1998 Eagle Machine Works Co., Ltd. and Eagle Precision Co., Ltd. were merged, forming Niigata Eagle Co., Ltd. (This company is currently called EagleBurgmann Industries, Ltd.)
          Apr. 2000 Entered into an exclusive sales agreement with CPI (U.K.)
          Sep. 2002 Established Eagle Industry Wuxi Co., Ltd. (China) in order to manufacture mechanical seals, reed valves, and other products.
          Apr. 2003 Merged the nine companies under Eagle Techno into Eagle Techno East Japan Co., Ltd., which became the surviving company. It was later renamed to Eagle Techno Co., Ltd. (The company is now called Eagle Brugmann Japan Co., Ltd.)
          Jan. 2004 Acquired 65% of the share equity in Kobelco Marine Engineering Co., Ltd. from Kobe Steel, Ltd. (This company is currently Kobelco Eagle Marine Engineering Co., Ltd.)
          Oct. 2004 Niigata Eagle Co., Ltd. was renamed to EagleBurgmann Industries, Ltd.
          Oct. 2004 Eagle Techno Co., Ltd. was renamed to EagleBurgmann Techno Co., Ltd.
          Jan. 2004 Started sales of Burgmann products in Japan.
          Oct. 2005 Signed a joint-venture agreement with Burgmann Industries GmbH & Co. KG (based in Germany) dealing with the production of mechanical seals for industrial use.
          Jan. 2005 EagleBurgmann Industries, Ltd. adopted a new name, EagleBurgmann Japan Co., Ltd.
          Apr. 2006 NOK Eagle Korea Co., Ltd. adopted a new corporate name, NEK Co., Ltd.
          Nov. 2007 EagleBurgmann Japan Co., Ltd. and EagleBurgmann Techno Co., Ltd. merged, with EagleBurgmann Japan Co., Ltd. being the surviving company.
          Mar. 2009 Eagle Seals and Systems India Ltd. (based in India) and Burgmann India PVT Ltd. merged, with Eagle Seals and Systems India Ltd. being the surviving company. The corporate name was changed to EagleBurgmann India PVT. Ltd.
          Apr. 2009 Sold 25% of its share in EagleBurgmann Japan Co., Ltd to Burgmann International GmbH.
          Sep. 2009 Made a 25% investment in Burgmann Industries GmbH & Co. KG (currently EagleBurgmann Germany GmbH & Co. KG).
          Nov. 2012 Established EKK Eagle Industry Mexico S.A. de C.V. in Mexico.
          Feb. 2017 Relocated Home Office to Shiba-koen 2-4-1, Minato-ku, Tokyo

          Supplemental Information 1