KYB Corporation
Company Profile
■URL
https://www.kyb.co.jp/english/
■Address
Business Overview
-Major manufacture producing hydraulic and automotive components and products, such as automotive shock absorbers and power steering systems.
‐The Company operates four business divisions.
-
Automotive Components (AC): Manufacture and sale of buffers and devices for automobiles and hydraulic buffers for products used on motorcycles.
-
Hydraulic Components (HC): Manufacture and sale of hydraulic devices for industrial use.
-
Aviation Equipment: Manufacture and sale of aircraft take-off/landing devices, aircraft steering devices, control units, and emergency devices. (Will withdraw from this business)
-
Specialty Vehicle and Electronic Devices: Manufacture and sale of specialty vehicles
-Automotive hydraulic buffers accounted for the largest share of sales, at 46.9%.
Closing the aviation business
-The Company decided in 2022 to withdraw from the aviation business due to its being unprofitable. As a result, the Company is currently moving production operations and reducing inventory over time, with the aim of finally closing this business segment in 2029.
Featured report |
|
2023 Business Overview of Japanese Suppliers |
|
![]() |
Shareholders
-Listed on the Prime market of the Tokyo Stock Exchange | (As of Mar. 31, 2024) |
Name or Company name | Investment Ratio (%) |
The Master Trust Bank of Japan, Ltd. (Trust account) | 13.89 |
Toyota Motors, Ltd. | 5.87 |
KYB Cooperative Stock Ownership Plan | 4.14 |
Meiji Yasuda Life Insurance Company | 4.01 |
Hitachi Construction Machinery Co., Ltd. | 3.56 |
The Custody Bank of Japan, Ltd. | 3.44 |
Mizuho Trust & Banking Co., Ltd. Retirement Benefits Trust Mizuho Bank Account Re-trustee The Custody Bank of Japan, Ltd. | 2.44 |
Ogaki Kyoritsu Bank, Ltd. | 2.36 |
KYB Employee Stock Ownership Plan | 2.09 |
Mizuho Bank, Ltd. | 1.96 |
Total | 43.7 |
Products
Automotive Components
Shock Absorbers
-Shock absorbers with hydraulic rebound stopper
-Adjustable damping shock absorbers with proportional solenoid
-Prosmooth: Shock Absorbers with Improved Sliding Properties
-Swing Valve: Ultra-low Velocity Valve
-Frequency sensitive shock absorbers: HARMOFREQ with proportional solenoid
Electric Power Steering Components
-Steer-By-Wire Steering Gear Box
-Steer-By-Wire ECU
-Steer-By-Wire Reaction Force Motor
-Dual pinion Assist EPS
-Add-on EPS actuator
Power Steering Components
-Hydraulic power steering vane pumps for passenger vehicles
CVT Components
-Vane pumps for CVT
History
Nov. 1919 | Kayaba Research Center founded by Shiro Kayaba. |
Jan. 1927 | Kayaba Seisakusyo established for manufacturing of hydraulic damping gear, catapults, etc. for aircraft. |
Mar. 1935 | Kayaba Manufacturing Co., Ltd. established. |
Jul. 1943 | Gifu South Plant established. |
Nov. 1948 | Kayaba Industry Co., Ltd. established (based on the Corporate Reconstruction and Reorganization Act). |
Oct. 1959 | The Company's stock listed on the Tokyo Stock Exchange. |
Mar. 1970 | Capital participation in Yung Hwa Machinery co., Ltd. in Taiwan. |
Mar. 1973 | The Company moved its R&D Center (now called the Basic Technology Research Facility) to Sagamihara, Kanagawa. |
Jul. 1974 | Sales company established in the United States. |
May 1975 | Sagami Plant established. |
Nov. 1980 | Deming Prize received for TQC activities. |
Oct. 1985 | Company name "KAYABA" in Japanese changed from kanji (Chinese characters) to katakana (Japanese Characters). |
Mar. 1995 | The Company announced a new management philosophy, "creativity, spiritedness, and love" to commemorate the Company's 60th anniversary. |
Jan. 1996 | Established Siam Kayaba Company Limited to produce hydraulic buffering devices in Thailand. |
Jun. 1996 | Established Kayaba Arvin S.A. to produce hydraulic devices in Spain. |
Oct. 1996 | Established Thai Kayaba Industries Company Limited to produce hydraulic devices in Thailand. |
Oct. 1996 | Four plants, including the Gifu North Plant, awarded the TPM Special Award. Urawa Plant Awarded the same prize in October 1997. |
Oct. 1997 | Gifu South (Motorcycle Parts) Plant received ISO9001 certification; All other plants received the same certification by March 1998. |
Nov. 1998 | Established a joint venture, Arvin Kayaba LLC, to manufacture hydraulic buffering devices for vehicles, based on a merger with KYB Industries, Inc. and Arvin Industries, Inc. Group of the US. |
Dec. 1998 | Established a holding company, Kayaba USA Holdings, Inc. in the USA. (Dissolved in December 2001) |
Sep. 2000 | Concluded a "Strategic Partnership Contract" with Visteon (USA) to design and develop power steering systems and to supply products globally. Main Points 1. Global, cooperative and mutual supply of steering products and components. 2. Joint development of steering products, focusing on electronic power steering. 3. Mutual exchange of existing technology related to steering products. Terminated this contract in January 2003. |
Dec. 2000 | Established a joint-venture shock absorber production site, Arvin Kayaba Brazil Limited, with ArvinMeritor (US) in the south of Brazil. The company will start production in 2001. |
Feb. 2001 | All domestic factories received ISO 14001. |
Apr. 2001 | Announced that it would dissolve the joint venture company established with ArvinMeritor (US), Arvin Kayaba (AK), in the fall of 2001, and continue operating AK's Franklin, IN factory as a wholly-owned subsidiary. It aims to quickly rebuild the business. The two companies will continue their joint ventures to develop business in Europe, etc. |
Oct. 2001 | Established KYB Manufacturing North America Inc. in the US, a production and sales base for hydraulic shock absorbers for four-wheeled vehicles. The new company will take over the businesses formerly conducted by the dissolved Arvin Kayaba LLC, It started operations. |
Oct. 2002 | Established Kayaba Vietnam Co., Ltd., a production and sales base for hydraulic shock absorbers for two-wheeled vehicles. |
Dec. 2002 | In China established KYB Industrial Machinery (Zhenjiang) Ltd. that produces hydraulic shock absorbers for four-wheeled vehicles. |
Aug. 2003 | Established KYB Manufacturing Czech s.r.o. that produces and sells hydraulic shock-absorbing products in the Czech Republic. |
Feb. 2004 | Established KYB Hydraulics Industry (Zhenjiang) Ltd. that manufactures and sells industrial hydraulic products in China. |
Apr. 2004 | Merged Nippon Power Steering Co., Ltd. |
Jun. 2004 | Acquired Trondule Co., Ltd. that manufactures and sells electric parts, making it into a consolidated subsidiary. |
Jul. 2004 | Spun-off the Company's System Device Division and consolidated its operations into Nihon Koki Co., Ltd. At the same time, Nihon Koki integrated Kayaba-Rae Stage Co., Ltd., and was renamed as Kayaba System Machinery Co., Ltd. |
Nov. 2004 | Established KK Hydraulics Sales (Shanghai) Co. Ltd. to market the Company's and its subsidiaries' products in China. |
Dec. 2004 | Established KYB Latinoamerica S.A. de. C.V. in Mexico to market the Company's and its subsidiaries' products in Central and South America. |
Feb. 2005 | Established KYB Asia Co., Ltd. in Thailand to market the Company's and its subsidiaries' products in Southeast Asia. |
Jun. 2005 | Established KYB Middle East FZE, which is currently a consolidated subsidiary to market products manufactured by the Company and its subsidiaries in the Middle East and Africa. |
Oct. 2005 | Adopted a new commercial-use company name, KYB Co., Ltd., in addition to its formal name of incorporation, Kayaba Industry Co., ltd. |
Oct. 2006 | Made Takako Industries, Inc., a wholly owned subsidiary through a stock acquisition. Takako manufactures hydraulic equipment parts and other parts. |
Aug. 2008 | Acquired an existing Chinese manufacturer and seller of hydraulic shock absorbers for motor cycles, establishing it as Wuxi KYB Top Absorber Co., Ltd. |
Oct, 2008 | Established KYB Advanced Manufacturing Spain, S.A. (currently a consolidated subsidiary) to manufacture and sell automotive hydraulic shock absorbers. |
Dec. 2009 | Established KYB Headquarters GmbH in Germany to oversee European subsidiaries of the Company. |
Jul. 2010 | Established KYB China Investment Company for the purpose of managing its subsidiaries in China. (It is currently a consolidated subsidiary.) |
Sep. 2010 | Established KYB Panama S.A. for the purpose of selling the Company's and the Company's subsidiaries' products to countries in Central and South America. (It is currently a consolidated subsidiary.) |
Nov. 2010 | Made Yanagisawa Co. Ltd. (currently KYB-YS Co. Ltd.) into its wholly owned subsidiary through a stock exchange, for the purpose of further strengthening Group management. |
Jul. 2011 | Established the KYB Technology and Testing Center, designed to exclusively engage in the development and testing of devices for two-and four-wheel vehicles. |
Oct. 2011 | Merged the operations of KYB Manufacturing North America, Inc. and KYB America LLC in order to strengthen its business presence and operations in the U.S.A. Although KYB Manufacturing North America, Inc. is the surviving company, the corporate name was changed to KYB Americas Corporation, which is currently a consolidated subsidiary. |
Apr. 2012 | Established Electronics Technology Center within the premises of the Basic Technology R&D Center at the Sagami Plant. |
Apr. 2012 | Established KYB Europe Headquarters B.V. in the Netherlands, which is a holding company to oversee the Group's operations in Europe. |
Jul. 2012 | Established LLC KYB Eurasia (it is currently a consolidated subsidiary) to sell aftermarket products in Russia and former CIS countries. |
Oct. 2012 | Established KYB Mexico S.A. de C.V. in Mexico to manufacture and sell CVT hydraulic pumps. |
Dec. 2012 | Established KYB Motorcycle Suspension India Pvt. Ltd. in India to manufacture and sell hydraulic shock absorbers for motorcycles. |
Jan. 2013 | Established KYB CHITA Manufacturing Europe s.r.o. in the Czech Republic to manufacture and sell aftermarket suspension springs for four-wheel vehicles. |
Feb. 2013 | Acquired shares in Indian concrete mixer truck manufacturer Conmat Systems Pvt. Ltd., turning it into its subsidiary. The subsidiary is currently called KYB-Conmat Pvt. Ltd. |
Sep. 2014 | Established Chennai branch in India for procurement activity. |
Oct. 2015 | Adopted KYB Corporation as the new corporate name, changing it from Kayaba Industry Co., Ltd. |
Apr. 2016 | Absorbed the operations of KYB Hydraulics Industry (Zhenjiang) Ltd. into KYB Industrial Machinery (Zhenjiang) Ltd. that became the surviving company, in order to strengthen the management framework in China; and absorbed the operations of KYB-CADAC Co., Ltd. into KYB-YS Co., Ltd. to strengthen the management framework in Japan. |
Apr. 2017 | Merged KYB Asia Co.,Ltd. and KYB Technical Center(Thailand)Co.,Ltd. (engineering service provider), both in Thailand, reorganizing them into KYB Asian Pacific Corp. Ltd., a consolidated subsidiary to provide services to support sales, technology development, quality assurance, procurement and IT of KYB's production sites in Asia. |
Apr. 2018 | Established the European Technical Center in Munich, Germany as a branch of KYB Europe GmbH, the European controlling company also located in Germany, in order to increase R&D functions developing automotive parts in Europe. |
Jun. 2018 | Acquired additional shares in KYB-Mando do Brasil Fabricante de Autopeças S.A., in order to further increase sales in the Mercosur countries such as Brazil. As a result, the company was renamed KYB Manufacturing do Brasil Fabricante de Autopecas S.A. (a consolidated subsidiary). |
Jun. 2018 | Established Hubei Henglong & KYB Automobile Electric Steering System Co. in order to expand sales of EPS systems. The company is a consolidated subsidiary accounted for under the equity method of accounting. |
Mar. 2019 | Dissolved KYB Europe Headquarters B.V., transferring its operations to the European controlling company, KYB Europe GmbH, in order to strengthen management and administrative functions in Europe. |
Mar. 2020 | To strengthen management of operations in China, Wuxi KYB Top Absorber Co., Ltd. absorbed KYB (China) Investment Co., Ltd. |
Jul. 2021 | Acquired and merged the operations of Kayaba System Machinery Co., Ltd. |
Jan. 2022 | Acquired and merged the operations of KYB Engineering and Services Co., Ltd. |
Apr. 2022 | Moved from the First Section of the Tokyo Stock Exchange to the Prime Market due to the TSE's reorganization. |
Apr. 2022 | Although officially renamed to KYB Co., Ltd., the Company still uses the standard name Kayaba Co., Ltd. |
Apr. 2023 | Merged and absorbed KYB-YS Co., Ltd. into Company’s operations. |
Oct. 2023 | Changed named to Kayaba Co., Ltd. |
Supplemental Information 1
>>>FY ended Mar. 31, 2008 Business Report
>>>FY ended Mar. 31, 2009 Business Report
>>>FY ended Mar. 31, 2010 Business Report
>>>FY ended Mar. 31, 2011 Business Report
>>>FY ended Mar. 31, 2012 Business Report
>>>FY ended Mar. 31, 2013 Business Report
>>>FY ended Mar. 31, 2014 Business Report
>>>FY ended Mar. 31, 2015 Business Report
>>>FY ended Mar. 31, 2016 Business Report
>>>FY ended Mar. 31, 2017 Business Report
>>>FY ended Mar. 31, 2018 Business Report
>>>FY ended Mar. 31, 2019 Business Report
>>>FY ended Mar. 31, 2020 Business Report
>>>FY ended Mar. 31, 2021 Business Report
>>>FY ended Mar. 31, 2022 Business Report
>>>FY ended Mar. 31, 2023 Business Report
Archives of Past Exhibits
Note: A figure in brackets ( ) indicates a loss