Koito Manufacturing Co., Ltd.

Company Profile

■URL

https://www.koito.co.jp/english/

■Address

Sumitomo Fudosan Osaki Twin Bldg. East, 5-1-18 Kitashinagawa, Shinagawa-ku, Tokyo 141-0001, Japan

Business Overview

-Major Japan-based manufacturer of headlamps and other lamps.

-Manufactures and sells automotive-lighting products such as LED headlamps, aircraft parts, railroad-car parts, various electric equipment, measuring instruments, and other products.

-Automotive-lighting products accounted for 94.3% of the Company’s sales in the fiscal year that ended in March 2024.

Shareholders

-Listed on the Prime Market of the Tokyo Stock Exchange

(As of Mar. 31, 2024)

Name or Company Name	Investment Ratio (%)
Toyota Motor Corporation	20.9
The Master Trust Bank of Japan, Ltd. (Trust Account)	11.0
Custody Bank of Japan, Ltd. (Trust Account)	3.5
Nippon Life Insurance Company	3.1
Sumitomo Mitsui Banking Corporation	2.7
The Dai-ichi Life Insurance Company, Limited	2.6
MUFG Bank, Ltd.	2.5
CEP LUX-ORBIS SICAV (Standing proxy: Citibank, N.A., Tokyo Branch)	2.1
Sumitomo Life Insurance Company	1.6
JPMorgan Securities Japan Co., Ltd	1.3
Total	51.2

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Products

-Headlamps

LED headlamps
LED daytime running lamps
Discharge headlamps
Halogen headlamps
Adaptive driving beam headlamps

-Signaling lamps

LED rear combination lamps
Side turn signal lamps (for Door mirrors)
High-mounted stop lamps

-Fog lamps

LED fog lamps

-Accessory lamps

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History

Apr. 1915	The Koito Genrokuroh Store was established by Koito Genrokuroh to sell lenses for railway signal lights and colored glass.
Apr. 1935	Established the Shinagawa Plant.
Apr. 1936	Established Koito Manufacturing Co., Ltd. with capital of 2.5 million yen.
Mar. 1943	Acquired Ayaha Kutsushita in Shimizu-shi, and started its operations as the Shizuoka Plant.
May, 1949	Listed on the Tokyo and Osaka Stock Exchanges.
Oct. 1957	Spun-off the all-glass shield beam headlamp division and established it as Koito Electric Co., Ltd. to focus on mass production of such headlamps for automobiles.
Jan. 1962	Merged with Koito Electric Co. to cope with liberalization of trade.
Apr. 1967	Made a sector of the sales division into a subsidiary and sold it to Koito Industries Ltd. (currently a consolidated subsidiary).
Apr. 1982	Developed a halogen bulb for automobiles.
Mar. 1988	Koito Manufacturing Co., Ltd. was listed on the second section of the Tokyo Stock Exchange.
Jul. 1996	Began manufacturing and sales of discharge headlamps.
Mar. 1997	Built the Technology Center.
Jul. 2000	Dissolved commercial agreement in North America with Ichikoh Industries.
Aug. 2000	Certified ISO14001 in all domestic factories.
Mar. 2001	Established Koito Czech s.r.o. in the Czech Republic (currently a consolidated subsidiary)
Oct. 2001	Koito Manufacturing Co., Ltd., together with TOTO and Aichi Electronics Co., Ltd. established Pan Washlet Co. Ltd., which is currently an affiliated company.
Jul. 2002	Constructed No.3 Plant at North American Lighting Inc.
Feb. 2004	Constructed Plant No.3 at Thai Koito Co., Ltd.
Nov. 2004	Established Koito Europe NV in Belgium as a consolidated subsidiary.
Feb. 2005	Changed the name of Inhee Lighting Co., Ltd. to Innovative High-tech Lighting Corp, which is consolidated subsidiary.
Nov. 2005	Established Koito Kyusyu Ltd. in Saga Prefecture, which is currently a consolidated subsidiary.
Sep. 2005	Made Fuzhou Ta Yih Industrial Co., Ltd. in China its subsidiary.
Nov. 2005	Established Guangzhou Koito Automotive Lamp Co., Ltd. in China, which is currently a consolidated subsidiary.
Apr. 2006	Shanghai Koito Automotive Lamp Co., Ltd. in Shanghai China opened its third factory.
Apr. 2006	The Company opened its Chinese office in Shanghai, China.
Jul. 2006	The Company discontinued production of sealed beam lamps; total production volume of the products reached 430 million units.
Oct. 2006	Production started at Koito Kyushu Co., Ltd.
Mar. 2007	Production started at Guangzhou Koito Automotive Lamp Co., Ltd. in Guangzhou, China.
May, 2007	Production and sale of the world's first LED Headlamps began.
Jul. 2007	Started operations at the Alabama Plant of North American Lighting, Inc.
Sep. 2007	Started operations the at Bawal Plant of India Japan Lighting Private Limited.
Feb. 2008	Changed the name of Fuzhou Ta Yih Industrial Co., Ltd. to Fuzhou Koito Tayih Automotive Lamp Co., Ltd., which is now a consolidated subsidiary.
Sep. 2008	Koito Kyushu Ltd. opened its second Plant (Saga, Japan)
Jun. 2010	Established PT. Indonesia Koito in Indonesia.
Jan. 2011	Established the second plant of North American Lighting, Inc. in Alabama.
Mar. 2011	Established the die plant of North American Lighting, Inc. in Indiana.
Apr. 2012	Established a production plant and technical center at Thai Koito Company Limited located in Prachinburi.
Dec. 2012	Established North American Lighting Mexico, S.A. de C.V. in Mexico (currently a consolidated subsidiary).
Mar. 2013	Established Plant No. 2 at India Japan Lighting Private Limited located in Chennai.
Nov. 2013	Established Plant No. 2 at Guangzhou Koito Automotive Lamp Co., Ltd.
Jan. 2014	Expanded Alabama plant of North American Lighting, Inc.
Mar. 2014	Expanded Paris plant of North American Lighting, Inc.
Sep. 2014	Opened factory of North American Lighting Mexico, S.A. de C.V.
Sep. 2014	Established Hubei Koito Automotive Lamp Co., Ltd. in China (currently a consolidated subsidiary).
Jun. 2016	Hubei Koito Automotive Lamp Co., Ltd. opened plant.
Jan. 2017	Established NAL do Brasil Industria e Comercio de Componentes de Iluminacao Ltda.
Oct. 2017	Established Koito Malaysia Sdn. Bhd.
May. 2018	NAL do Brasil Industria e Comercio de Componentes de Iluminacao Ltda. opened plant.
Nov. 2018	Expanded plant of Fuzhou Koito Tayih Automotive Lamp Co., Ltd.
Mar. 2019	Expanded plant of PT. Indonesia Koito
Feb. 2020	Invested in Cepton Technologies, Inc. based in the USA.
Apr. 2022	Moved to the Prime Market of the Tokyo Stock Exchange in line with the TSE’s reorganization in April 2022.
Mar. 2023	Relocated headquarters temporarily to Shinagawa, Tokyo.
Mar. 2024	Established the factory of India Japan Lighting Private, Limited in Gujarat.