Ikuyo Co., Ltd.

Company Profile




3019 Kamiechi, Atsugi-shi, Kanagawa-ken, 243-0801, Japan

Business Overview

-As a manufacturer of synthetic resin products for interior and exterior automotive components, the Company makes weather-stripping, trim covers, radiator grilles, etc.

-The Company also manufactures and sells dies.

-The Company's major customers are Mitsubishi Motors Corporation, Mitsubishi Fuso Truck and Bus Corporation, and Hino Motors, Ltd.

Business Highlights:

-For the fiscal year ending March 31, 2023, the company forecasts net sales of 14,608 million yen (up 10.3%), operating income of 695 million yen (up 95.2%), ordinary income of 706 million yen (up 94.1%), and net income attributable to the parent company of 493 million yen (up 14.2%).


-From April 2022, moved to the Standard Market of the Tokyo Stock Exchange. (As of Mar. 31, 2023)
Name or Company Name Investment ratio (%)
Nitto Co., Ltd.
Individual shareholder 14.08
MIP 3.81
Yaizu Body Industry Co., Ltd.
Individual shareholder 3.70
Cleanup Corporation 2.13
Kibun Foods ,Inc. 2.01
Rakuten Securities, Inc. 1.81
Total 69.64


-Overhead console
-Cowl tops garnish
-Quarter garnish
-Quarter pillar garnishes
-Grille garnish
-Corner panel
-Side air dam
-Scuff plates
-Step wall
-Speaker cover
-Fender splash shield
-Center pillar trims
-Lower tail gate trim
-Door garnish
-Door trim
-Door pillar garnishes
-Back panel trim
-Battery covers
-Bumper corner
-Fender garnish
-Fog lamp bezel
-Front air dam
-Front grille
-Front console
-Front door trim board
-Front panel
-Front bumper
-Front pillar trims
-Mudguard trims
-Radiator grille garnish
-Radar garnish
-Lower grille


May, 1947 Founded under the name of Ikuyo Shokai Co., as a manufacturer and seller of rubber products for automobile windows.
Sep. 1951 Arakawa Factory founded, commenced manufacture of automobile window rubber products for Ikuyo.
Jan. 1955 Changed its corporate name to Ikuyo Chemical Industries
Dec. 1959 Manufacture of formed resin products commenced.
Jan. 1962 The headquarters was moved to Tokyo.
Dec. 1964 Manufacturing operations moved to Atsugi, Kanagawa Pref., name changed to Atusgi Factory.
Feb. 1969

Established the Mizushima factory (now called the Okayama factory) in Okayama Prefecture

Jun. 1969 Acquired Fuji Kinzoku Toko Co., Ltd. and changed its name to Ikuyo Toko, Co., Ltd.
Sep. 1972 Moved corporate headquarters to Kanagawa
Apr. 1974 Name changed to Ikuyo Co., Ltd.
Oct. 1977 Nagoya Representative Office closed and Okazaki Factory founded.
Dec. 1979 Ikuyo Works Co., Ltd, founded.
Sep. 1981 Ikuyo Trading Co., Ltd. founded.
Apr. 1984 Aikei Mold Co., Ltd. founded.
Jul. 1987 Mizushima Factory moved, name changed to Okayama Factory.
Jul. 1987 Head office moved to present location in Shibuya Ward, Tokyo.
Jun. 1988 Founded Kyoto office.
Jul. 1989 Hiroshima Office founded.
Aug. 1989 Nagoya Factory moved.
May, 1993 Yamaguchi Hikari Factory founded.
Aug. 1995

Company's stock listed on OTC of the Japan Securities Dealers' Association.

Aug. 1996

Founded Ikuyo America Corporation.

Aug. 1996

Founded Usi, Inc.

Mar. 1997

Listed on the second section of the Tokyo Stock Exchange

Jul. 1997

Founded the Second Nagoya factory in Aichi Prefecture

Sep. 1998

Ceased operation of the Kyoto office

Sep. 1999

Founded the Vivante factory inside the Atsugi factory.

Jan. 2000

Ikuyo America Corporation merged with Usi, Inc.
Now doing business as USA Incorporated.

Apr. 2001 Ikuyo Works Co. and Ikuyo Toko Co. were acquired by Ikuyo Co.
Mar. 2002 Ikuyo Wood Plant closed.
Aug. 2007 The headquarters was moved to Kanagawa.
Oct. 2008 Established Ikuyo Technology Development Laboratory Co., Ltd.
Oct. 2009 Absorbed Ikuyo Technology Development Laboratory Co., Ltd.
Mar. 2011 Sold off all the shares it held in USI Inc.
Sold Yamaguchi Hikari Plant.
Nitto Co., Ltd., the Japan unit of China-based Dalian Nitto Plastic Molding Co., Ltd., acquired 30% of the Company’s share.
Apr. 2012 Merged the operations of IK Mold Co. Ltd. into its own operations.
Apr. 2013 Established PT. Ikuyo Indonesia in Indonesia.
Jul. 2021 Established Ikuyo Vietnam Co., Ltd., a subsidiary in Vietnam.
Apr. 2022 Moved from the Second Section of the Tokyo Stock Exchange to the Standard Market due to the TSE's reorganization.

Supplemental Information 1