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Mikuni Corporation
Company Profile
Business Overview
-The Company is engaged in the manufacturing and sales of fuel-injection devices, pumps and other automotive products. The Company’s main products are electronic control bodies, air-intake modules, variable valve timing systems, cooling water control valves, axle-pedal modules, and vacuum pumps.
-The automotive-parts business accounted for 83% of companywide sales in the fiscal year that ended in March 2024.
Shareholders
| -Listed on the Standard Market of the Tokyo Stock Exchange | (As of Mar. 31, 2024) |
| Names or Company Names | Investment Ratio (%) |
| Aioi Nissay Dowa Insurance Co., Ltd. (Standing proxy: The Master Trust Bank of Japan, Ltd.) |
5.60
|
| Kaze no Kai Shareholding Association |
5.44
|
| Resona Bank, Ltd. | 4.93 |
| The Bank of Yokohama, Ltd. (Standing proxy: Custody Bank of Japan, Ltd.) | 4.93 |
| MUFG Bank, Ltd. | 3.35 |
| The Master Trust Bank of Japan, Ltd. (Trust Account) | 3.15 |
| Mikuni Sogyo Corporation | 2.99 |
| Individual Shareholder | 2.97 |
| Suzuki Motor Corporation | 2.96 |
| Mutsuki Shareholding Association | 2.48 |
| Total | 38.81 |
Products
Automotive products
-Electronic control throttle bodies
-Plastic intake manifolds
-Variable valve timing systems & Oil control valves
-Electronic oil pumps
-Electronic vacuum pumps
-Vacuum pumps
-Electronically controlled exhaust valves
-Coolant controlling valves
-Active pedals
-Electric Water Pump
-Variable Oil Pumps
History
| Oct. 1923 | Founded Mikuni Shoten, a limited partnership company, and started to import automobiles, bicycles and components. |
| Dec. 1933 | Registered as Mikuni Shoten Co., Ltd. |
| Dec. 1936 | Kamata Plant started production. |
| July, 1939 | Renamed as Mikuni Shoko Co., Ltd. |
| July, 1944 | Odawara Plant started production. |
| Oct. 1948 | Under the corporate reconstruction law, the company was split into 2 companies, No.2 Mikuni Shoko Co., Ltd. (Kamata Plant and trading dept.) and Mikuni Seisakusho (Odawara Plant). |
| Feb. 1949 | Started production of carburetors for small cars and mechanical pumps. |
| Apr. 1950 | Renamed No.2 Mikuni Shoko Co., Ltd. as Mikuni Shoko Co., Ltd. |
| Apr. 1955 | Merged with Mikuni Seisakusho Co., Ltd. |
| Oct. 1960 | Licensing agreement with Solex, France, to produce Solex-type carburetors. |
| July, 1961 | Renamed as Mikuni Kogyo Co., Ltd and transferred its trading business to newly established Mikuni Shoko Co., Ltd. |
| Sep. 1961 | Started over-the-counter listing at the Tokyo Stock Exchange. |
| Oct. 1961 | Listed on the second section of the Tokyo Stock Exchange. |
| Sep. 1971 | Tied up with SIT of Italy for production of gas burner safety devices and started production thereof. |
| July, 1972 | Founded Tohoku Mikuni Kogyo Co., Ltd. (currently Mikuni Adec Corporation) |
| June, 1973 | Capital participation in Mikuni American Corporation. |
| May, 1978 | Started production at Kikugawa plant. |
| Aug. 1979 | Mikuni Taiwan Corporation was founded. |
| Mar. 1980 | Sold Kamata plant. |
| Apr. 1980 | Started production at Yaita plant. Established Miikuni Logistic Service Co., Ltd. |
| Apr. 1986 | Established Nippon Injection Corporation as a joint venture among Mitsubishi Electric Corporation, Robert Bosch GmbH of Germany, and the Company. |
| May, 1988 | Established Mikuni Partech Corporation. |
| Apr. 1991 | Adopted the current company name, Mikuni Corporation. |
| May, 1991 | Established Mikuni (Thailand) Co., Ltd. |
| Oct. 1991 | Transferred Yaita Plant's development division and production division for heaters to Mikuni Adec Corporation. |
| Nov. 1992 | Production started at Sagara plant. |
| Nov. 1994 | Established Mikuni (Shanghai) Co., Ltd. |
| Nov. 1994 | Established Chengdu Mikuni Hongguang Machinery &Electronics Co., Ltd. |
| May, 1995 | Established Ningbo Mikuni Machinery & Electronics Co., Ltd. (currently consolidated company) |
| Dec. 1955 | Established Tianjin Mikuni Co., Ltd. (currently consolidated company) |
| June, 1996 | Established Mikuni Texas Company (currently consolidated company) |
| Mar. 2000 | Transferred a portion of general purpose carburetor production to Mikuni ADEC (subsidiary) from Kikukawa Plant. |
| Oct. 2002 | Acquired and merged Mikuni Adec. |
| Sep. 2008 | Established Mikuni India Private Limited. |
| Jun. 2010 | Established Mikuni Management (Shanghai) Co., Ltd. |
| 2011 | The Company, together with Pierburg Pump Technology that is under the KSPG Group, established Pierburg Mikuni Pump Technology Corporation as a joint venture. |
| 2012 | Established Eberspaecher Mikuni Climate Control Systems Corporation, a joint venture with Eberspaecher to manufacture automotive heaters. |
|
Established a new joint venture in China, Pierburg Mikuni Pump Technology (Shanghai) Corp. |
|
| Mar. 2015 | Listed on the first section of the Tokyo Stock Exchange. |
| Apr. 2022 | Moved to the Prime Market of the Tokyo Stock Exchange due to the TSE's reorganization. |
| Oct. 2023 | Moved to the Standard Market from the Prime Market of the Tokyo Stock Exchange |
Supplemental Information 1
>>>FY ended Mar. 2008 Business Report
>>>FY ended Mar. 2009 Business Report
>>>FY ended Mar. 2010 Business Report
>>>FY ended Mar. 2011 Business Report
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>>>FY ended Mar. 2018 Business Report
>>>FY ended Mar. 2019 Business Report
>>>FY ended Mar. 2020 Business Report
>>>FY ended Mar. 2021 Business Report
>>>FY ended Mar. 2022 Business Report
>>>FY ended Mar. 2023 Business Report
Archives of Past Exhibits
Note: A figure in brackets ( ) indicates a loss
Japan
+81-3-4241-3907
USA
Mexico
Germany
China (Shanghai)
Thailand
India