Fine Sinter Co., Ltd.

Company Profile

■URL

https://www.fine-sinter.com/en/

■Address

1189-11 Nishinohora, Akechi-cho, Kasugai-shi, Aichi-ken, 480-0303, Japan

Business Overview

-Manufacturer of powder metallurgy products in the Toyota group.

-The Company’s automotive parts line of business accounted for 90% of the Company’s total sales. It mainly delivers engine parts, shock-absorber parts, transmission parts, and auto-body parts.

-In October 2002, the Company merged Tokyo Sintered Metals and Japanese Powder Metallurgy into the Company.

 

Financial Highlights

-The Company’s financial results for the fiscal year that ended in March 2024 are as follows.
 Consolidated sales: JPY 42,390 million (6.8% increase year-over-year)
 Operating sales: JPY 413 million
 Ordinary sales: JPY 369 million
 Current net loss attributable to the parent-company’s shareholders: JPY 593 million

Shareholders

-Listed on the Standard Market of the Tokyo Stock Exchange and on the Main Market of the Nagoya Stock Exchange. (As of Mar. 31, 2024)
Company Name Investment Ratio (%)
Toyota Motor Corp. 21.70
Employee stock holdings 6.64
KYB Corporation 5.20
Aisin Corporation 2.49
Sumitomo Electric Industries, Ltd. 2.38
MUFG Bank, Ltd. 2.02
Sumitomo Mitsui Trust Bank, Ltd. 2.00
Aioi Nissay Dowa Insurance Co., Ltd. 1.88
Individual shareholder 1.84
Individual shareholder 1.57
Total 47.78

Products

Powder metal products
Valve train parts
-Titanium valves
-Valve guides
-Valve seats

Variable valve timing parts
-Shaft eccentrics
-Sprockets
-Housings
-Rotors
-Sintered arms

Turbo parts
-Bushes
-Thrust metal
-Plates
-Vane nozzles

Other parts
-Wear resistant ring
-Crank angle sensors
-Holder fuel cap
-Clamp nozzle holders
-Plates
-Cover balances
-Oil pumps
-Sensor bosses
-Exhaust flanges
-Sprockets

Drivetrain Parts
-Levers
-Shift gears
-Shift forks

A/T・CVT parts
-Side plates
-Cam rings
-Rotors
-Sleeve parking locks
-Sprocket drives
-Carriers

M/T
-Spacers
-Control parts
-hubs
-Synchronizer rings

Torque vectoring parts
-Disconnectors

T/F
-Oil-pump gears
-Transfer actuators

Electric Parts
-Reactor cores
-Motor cores

Electric variable valve timing
-Shaft eccentrics

Shock absorber components
-Rod guides
-Valve cases
-Banded Piston
-Special Piston

Steering parts
-Rack guides
-Detection ring
-Coil assemblies
-Tilt gears
-Tilted cams

Electric parking parts
-EPBs
-Gears

Body parts
-Wedges, couplings, bushes, press-fit 2-stage gears
-ABS sensors
-Rotors, cam rings, side plates

History

Dec. 1950 Established in Maeno-cho, Itabashi-ku, Tokyo. Started production of powder metallurgy products.
Apr. 1952 Established and started operations at a new plant in Azukizawa-cho, Itabashi-ku, Tokyo.
Aug. 1955 Established the Nagoya Office in Chigusa-ku, Nagoya.
Feb. 1958 Started production of automotive machine parts.
Jul. 1958 Received Japan Industrial Standard (JIS) certification (Approval No. 6073).
Nov. 1960 Established and started operations at the Kasugai Plant in Kasugai, Aichi.
Oct. 1995 Transferred the Nagoya office to the Kasugai plant and the Tokyo office to the Kawagoe plant.
May 1996 Established Thai Fine Sinter Co., Ltd., a joint venture in Thailand (invested 36% of capital).
Aug. 1998 Moved the administrative division to the Kawagoe plant.
Jan. 2000 Established the technology development center at the Kasugai Plant.
Apr. 2001 Constructed an office building at the Kawagoe plant.
Jul. 2001 Established a joint venture, American Finesinter Co., Ltd. (invested 51% of capital).
Oct. 2002 Merge with Japan Powder Metallurgy, and the name of the company changed to Finesinter.
Oct. 2002 Made Sanshin (currently Fine Sinter Sanshin Co., Ltd.) the Company's wholly owned subsidiary through a stock acquisition.
Nov. 2002 Integrated the Osaka office in its relocation to Ibaraki-city, Osaka
Dec. 2002 Integrated the Nagoya office in its relocation to Toyoda-city, Aichi.
Dec. 2002 Integrated the Tokyo office in its relocation to Chiyoda-ku, Tokyo.
Jan. 2003 The entire company is ISO14001 certified.
Jan. 2004 The entire company is ISO9001 certified.
Jun. 2004 Established a joint venture, Precision Sintered Products (Wuxi) Co., Ltd. in China, investing 51% of the capital.
Jul. 2005 Transferred the Tokyo Sales Office to its Kanagawa Plant site.
Jan. 2008 Constructed a new headquarters building in Kasugai city, Aichi prefecture, and moved its headquarters and technical departments.
Apr. 2009 All Company facilities obtained ISO/TS16949 certification.
Aug. 2009 Consolidated the Nagoya office into the headquarters building.
Mar. 2010 Dissolved Fine Sinter Engineering Co., Ltd., which was the Company’s non-consolidated subsidiary.
Mar. 2011 Acquired the outstanding shares of Fine Sinter Sanshin Co., Ltd., making it a wholly owned subsidiary. 
Sep. 2012 Establislhed PT. Fine Sinter Indonesia, which is currently a consolidated subsidiary.
Apr. 2017 Listed on the Second Section of the Nagoya Stock Exchange
Apr. 2022 Moved to the Standard Market of the Tokyo Stock Exchange, and to the Main Market of the Nagoya Stock Exchange.

Supplemental Information 1