FALTEC Co., Ltd.

Company Profile

■URL

http://www.faltec.co.jp/en/

■Address

580, Horikawa-cho, Saiwai-ku, Kawasaki-shi, Kanagawa-ken, 212-0013, Japan

Business Overview

ーAs a subsidiary of TPR, the Company designs, develops, manufactures, and sells automotive plastic trim/embellishment exterior parts, molding, roof rails, electric parts, and genuine company parts.

-The Company operates in the following three business segments.

  • Automotive exterior parts: Factory-installed parts that are either made of plastic or metal such as plastic exterior parts and metal molding.
  • After-market products: Genuine company-made products sold by auto dealers, such as exterior parts, electrical products, metal products, and chemicals.
  • Automotive devices: Inspection and maintenance devices used by OEMs and maintenance companies; and facilities and devices used in manufacturing.

Shareholders

-From April 2022, moved from the First Section of the Tokyo Stock Exchange to the Standard Market. (As of Mar. 31, 2023)
Name Investment ratio (%)
TPR Co., Ltd. 55.53
Citic Securities Brokerage(Hk) Limited Ac Client 4.74
Srg Global, LLC 4.03
Scbhk Ac Efg Bankag Hong Kong Branch 3.19
The Master Trust Bank of Japan, Ltd. (Trust Account) 2.75
Interactive Brokers LLC 1.93
JCU Corporation 1.92
Custody Bank of Japan, Ltd. (Trust Account) 0.77
Corporate shareholder 0.49
Nomura Securities Co.,Ltd. 0.46
合計 75.81

Products

Plastic Exteriors
-Radiator grilles
-Front bumper grilles
-Bumpers
-Rear spoilers
-Aero parts
-Mudguards
-Center mudguard trims
-EV charge port covers
-Wheel covers
-Millimeter wave radar covers
-Lower grilles
-Weatherstrips

Metal Products
-Roof rails
-Window sashes
-Guide rails

Moldings
-Windshield moldings
-Back window moldings
-Side window moldings
-Roof moldings
-Stainless steel moldings
-Door sash moldings
-Side moldings
-Rear spoilers

Electrical & Electronic & Components
-Daytime running lamps
-Ambient lighting systems
-Fog lamps
-Kicking plates with LED
-Stylish turn signal lamps
-Rear view cameras
-Remote engine starters
-TCUs

Textiles
-Floor mats

Rubber Seal parts
-O shaped rings
-Various seal rings

History

Feb. 1937 Nissan Auto Sales Co., Ltd., the predecessor of Altia Co., Ltd. was established.
Apr. 1939 Hashimoto Iron Works Inc., the predecessor of Hashimoto Forming Industry Co., Ltd. was established.
Apr. 2004 Altia Co., Ltd. and Hashimoto Forming Industry Co., Ltd. merged to form Altia Hashimoto Co., Ltd.
Feb. 2005 Altia Co., Ltd. and Hashimoto Forming Industry Co., Ltd. merged to form Altia Hashimoto Co., Ltd.
Aug. 2005 The Company moved its headquarters to Kawasaki City, Kanagawa Prefecture.
Oct. 2007 Altia Hashimoto Co., Ltd. absorbed Orion Techno Co., Ltd. to form Altia Co., Ltd.
Oct. 2007 FALTEC Co., Ltd. absorbed the automobile parts / accessories business of Altia Hashimoto and became a holding company that manufactures and sells automotive components.
Nov. 2007 The Company's stock was delisted from the second section of the Tokyo Stock Exchange.
Apr. 2012 Became a subsidiary of TPR Co., Ltd.
Aug. 2012 SRG Global Inc. invested in Faltec SRG Global (Thailand) Co., Ltd., acquiring 20% ownership.
Mar. 2013 The Company was relisted on the second section of the Tokyo Stock Exchange.
May 2014 Acquired the automotive and motorcycle electronic parts business from Mitsubishi Cable Industries, Ltd.
Dec. 2014 Designated as a stock under the first section of Tokyo Stock Exchange.
Dec. 2017 Established Kitakyushu Faltec, the plating process company for automotive components.
Apr. 2022 Moved from the First Section of the Tokyo Stock Exchange to the Prime Market due to the TSE's reorganization.

Supplemental Information 1