GS Yuasa International Ltd.

Company Profile

■URL

■Address

1, Inobanba-cho, Nishinosho, Kisshoin, Minami-ku, Kyoto-shi, Kyoto-hu, 601-8520, Japan

Business Overview

-In April 2004, Nippon Battery and Yuasa Corporation, both major battery manufacturers, merged and established GS Yuasa Corporation as a holding company. GS Yuasa Corporation's subsidiaries operate in four business segments: automotive batteries, industrial-battery power supplies, automotive lithium-ion batteries, and others.

-The Company, a subsidiary of GS Yuasa Corporation, manufactures and sells various types of automotive and industrial batteries, power supply systems, substation equipment, and other electrical equipment.

Financial Overview (GS Yuasa Corporation)

-The Company’s financial results for the fiscal year that ended in March 2024 are as follows.
Consolidated sales: JPY 562,897 million
Ordinary income: JPY 43,981 million

Financial Overview (GS Yuasa International)

-The Company’s financial results for the fiscal year that ended in March 2024 are as follows.
Consolidated sales: JPY 181,608 million
Ordinary income: JPY 19,558 million

Shareholders

-GS Yuasa Corporation is listed on the Prime Market of the Tokyo Stock Exchange.

(As of March 2024)

Major Shareholders	Shareholding (%)
The Master Trust Bank of Japan, Ltd. (Trust Account)	14.86
Custody Bank of Japan, Ltd. (Trust Account)	4.96
Honda Motor Co., Ltd.	4.90
Meiji Yasuda Life Insurance Company	2.79
GOLDMAN SACHS INTERNATIONAL (Standing proxy Goldman Sachs Japan Co., Ltd.)	2.44
TOYOTA MOTOR CORPORATION	2.23
BNP PARIBAS NEW YORK BRANCH - PRIME BROKERAGE CLEARANCE ACCOUNT (Standing proxy HSBC Bank Tokyo Branch Custody Department)	1.93
MUFG Bank, Ltd.	1.86
Nippon Life Insurance Company	1.78
The Bank of Kyoto,Ltd.	1.54
Total	39.30

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Products

Automotive Batteries
Lead storage batteries
-Batteries for passenger cars
-Batteries for commercial cars
-Chargers for automobile batteries
-Batteries and chargers for electric vehicles

Batteries for HV, PHV and EV
-Lithium-ion batteries for hybrid vehicles
-Lithium-ion batteries for plug-in hybrid vehicles
-Lithium-ion batteries for electric vehicles

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History

GS Yuasa Corporation's Milestones

Apr. 2004	Japan Storage Battery Co., Ltd. and Yuasa Corporation transferred their shares, established a holding company and became fully-owned subsidiaries of the holding company. The holding company's ordinary shares were listed on the first section of the Tokyo Stock Exchange and the first section of the Osaka Stock Exchange.
Jun. 2004	The two companies demergered themselves and established GS Yuasa Manufacturing Ltd., GS Yuasa Battery Ltd., GS Yuasa Power Supply Ltd., GS Yuasa Technology Ltd., GS Yuasa Power Electronics Ltd., GS Yuasa International Ltd., GS Yuasa Business Support Ltd., GS Yuasa Information Ltd. and GS Yuasa Accounting Service Ltd., reorganizing their operations.
Oct. 2004	Japan Storage Battery Co., Ltd. spun off its lighting segment into GS Yuasa Lighting Ltd.
Jan. 2006	GS Yuasa Manufacturing Ltd., GS Yuasa Power Supply Ltd., and GS Yuasa Industry Ltd. were merged, and the new company name was started as "GS Yuasa Power Supply Ltd."
Jan. 2007	GS Yuasa Power Supply Ltd.; GS Yuasa Manufacturing Ltd.: and GS Yuasa Industry Ltd. were consolidated and renamed as a new company, GS Yuasa Power Supply Ltd.
Mar. 2007	GS Yuasa International Ltd. and GS Yuasa Development Ltd. were consolidated and renamed as a new company, GS Yuasa International Ltd.
Dec. 2007	Established Lithium Energy Japan jointly with Mitsubishi Corporation; and Mitsubishi Motors Corporation.
July and Aug. 2009	Increased 33,021 million yen in capital through a public stock offering, allocating the new stock to third parties.
Apr. 2010	Transferred part of the Company's operations to GS Yuasa Power Supply Ltd.
Apr. 2010	Merged GS Yuasa Power Supply Ltd.; GS Yuasa International Ltd.; and GS Yuasa Business Support Ltd. In addition, GS Yuasa Power Supply remained as a stand-alone company, but it was renamed GS Yuasa.
Dec. 2010	Further invested in PT. Trimitra Baterai Prakasa, an affiliate company; as a result of increasing the shareholding ratio, the company became a non-consolidated company accounted for under the equity method.
Mar. 2012	Established the first factory building of Lithium Energy Japan in Ritto City in Shiga Pref. and commenced production.
May 2013	Acquired an additional stake in Thai affiliate Siam GS Battery Co., Ltd., making it a subsidiary.
Oct. 2015	Inci GS Yuasa Aku Sanayi ve Ticaret Anonim Sirketi established in Turkey jointly with Inci Holding A.S
Oct. 2016	Completed the transfer of Panasonic Corporation's lead-acid battery business and was renamed GS Yuasa Energy Co., Ltd.
Oct. 2017	Established GS Yuasa Hungary Limited Liability Company, making it a subsidiary.
Sep. 2018	Acquired an additional 14.9% of GS Yuasa Energy Co., Ltd. stock and made its stake share 100%
Apr. 2022	Moved to the Prime Market of the Tokyo Stock Exchange due to the TSE's reorganization.
May 2022	Acquired additional stock shares in Inci GS Yuasa Aku Sanayi ve Ticaret Anonim Sirketi, turning it into a consolidated subsidiary.
Jul. 2023	Established Honda・GS Yuasa EV Battery R&D as a joint venture with Honda Motor Co., Ltd.