Metalart Corporation
Company Profile
Business Overview
-Mainly manufactures and sells automotive components (crankshafts, connecting rods, etc.) and precision forgings for construction machinery.
-Integrated production from die design, forging (hot and cold) to machining and assembly.
-The Company's largest customer is Daihatsu, which accounted for 32.3% of the Company's sales for fiscal year ended Mar. 31, 2021.
Financial Highlights
-In FY ended March 2021, consolidated sales were JPY 28,257 million (13.4% decrease on a year-over-year (y/y) basis), operating income was JPY 1,763 million (41.0% increase y/y), ordinary profit was JPY 2,070 million (67.4% increase y/y), and net profit attributable to owners of the parent was JPY 1,364 million (64.0% increase y/y).
Shareholders
-Listed on the second section of the Tokyo Securities Exchange (as of Mar. 31, 2021).
Products
Engine parts
-Crank shafts
-Connecting rods
Precision forged gears
Continuously Variable Transmission parts
Manual Transmission gears
Automatic Transmission parts
Truck links
History
May, 1933 | Goto Tankosho was established as a limited partnership. |
Aug. 1943 | The Company was incorporated. |
Apr. 1958 | The Fukumachi Plant was established at 1-9 Higashi-Fukumachi, Nishi-Yodogawa-ku, Osaka. |
Nov. 1962 | Listed on the Second Section of the Osaka Stock Exchange. |
June, 1964 | Established the Shiga Plant at 1350 Noji-machi, Kusatsu City, Shiga Pref. |
June, 1965 | Recruited executives from Nissho (currently Nissho Iwai) to improve management. |
Sep. 1967 | Integrated three plants in Nozato, Fuku-machi, Shiga were into two plants, in Osaka and Shiga. |
Dec. 1967 | Established Omi Seiko Inc. (currently a consolidated subsidiary) |
July, 1970 | Moved headquarters to 1 Okawa-cho, Higashi-ku, Osaka. Moved headquarters office to its current location. The Shiga plant was renamed as Headquarters Plant. |
Apr. 1972 | The Osaka Plant was integrated into the Headquarters Plant. Established an integrated production system. |
July, 1975 | Headquarters moved to its current location, 1350 Noji-cho, Kusatsu City, Shiga Pref. |
May, 1981 | Established San Emu Industry Inc. (currently a consolidated subsidiary). |
Dec. 1987 | Established a 2000t automated forging stamping plant. |
Oct. 1991 | Renamed as Metalart Corporation. |
July, 1992 | Corporate name of Omi Seiko Inc. was changed to Metaltech Corporation. |
July, 1992 | Corporate name of San Emu Industry Inc. was changed to Metalmac Corporation. |
Mar. 1993 | Established Metal Forge Corporation (currently a consolidated subsidiary). |
Apr. 1998 | Metaltecs Corporation took over Metalmacs Corporation. |
May, 2002 | Set up a cold forging line. |
Aug. 2005 | Metaltecs Corporation established a link line at the Baba plant. |
Feb. 2006 | Established the Baba plant, moving a precision forging line and installing an integrated production line for heat and surface treatment. |
Mar. 2008 | Metal Tex established its Mizuguchi Plant. A new production line for processing CVT components was built. |
Jan. 2013 | Metal Tex established its Kyushu Plant. A new production line for machine processing was built. |
May 2013 | Established PT. Metalart Astra Indonesia in Indonesia. (This company is currently a consolidated subsidiary.) |
February 2015 | Operation of PT.METALART ASTRA INDONESIA started. |
Apr. 2018 | METALART CORPORATION marged with METALTEX CORPORATION. |
Supplemental Information 1
>>>Business report for FY ended Mar. 31, 2008
>>>Business report for FY ended Mar. 31, 2009
>>>Business report for FY ended Mar. 31, 2010
>>>Business report for FY ended Mar. 31, 2011
>>>Business report for FY ended Mar. 31, 2012
>>>Business report for FY ended Mar. 31, 2013
>>>Business report for FY ended Mar. 31, 2014
>>>Business report for FY ended Mar. 31, 2015
>>>Financial Forecast for the Next Fiscal Year (Sales, Operating Income etc.)
Note: A figure in brackets ( ) indicates a loss