Musashi Seimitsu Industry Co., Ltd.
Company Profile
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Business Overview
-Parts manufacture under the Honda Group. The percentage of sales to Honda was 50% in the fiscal year that ended in March 2025.
-The Company manufactures and sells automotive parts for powertrains, suspensions, steering systems, and transmissions, in addition to manufacturing and selling products for motorcycles and ATVs.
-The Company is engaged in four business segments: Mobility, Industry, Energy Solutions, and Well-being. Mobility consists of the Power Train (PT) business, Linkage & Suspension (L&S) business, and Motorcycle business.
- PT Business: Differential mechanisms (differential assemblies, differential gears), reduction mechanisms (planetary assemblies), engine intake and exhaust mechanisms (camshafts), transmission mechanisms (transmission gears), etc.
- L&S Business: Linkage, absorption, and steering transmission mechanisms such as suspension arms and steering ball joints.
-Demand is growing from Chinese OEMs for highly durable, low-friction ball joints designed for EVs.
Shareholders
-Listed on the Prime Market of the Tokyo Stock Exchange and the Premium Market of the Nagoya Stock Exchange. | (As of Mar. 31, 2025) |
Name | Investment Ratio (%) |
Honda Motor Co., Ltd. | 24.96 |
Master Trust Bank of Japan, Ltd. (Trust Account) | 12.28 |
Custody Bank of Japan (Trust Account) | 6.06 |
Otsuka Holdings Co., Ltd. | 3.97 |
MSIP CLIENT SECURITIES (Standing proxy Morgan Stanley MUFG Securities Co., Ltd.) | 2.53 |
Individual shareholder | 2.29 |
Nomura Securities Co.,Ltd. | 1.99 |
JUNIPER (Standing proxy MUFG Bank, Ltd.) | 1.90 |
Nomura Securities Co.,Ltd. Self-transfer account | 1.79 |
MLI FOR CLIENT GENERAL OMNI NON COLLATERAL NON TREATY-PB (Standing proxy BofA Securities Japan Co., Ltd.) | 1.68 |
Total | 59.50 |
Products
Differential assembly for differential mechanism
-Differential assemblies
-Differential gears
Planetary assembly for decelerating mechanism
-Planetary Assembly
-Planetary assemblies for automatic transmissions
-Planetary assemblies for CVT
-Planetary assemblies for AWD vehicles
-Ring gears
-Clutch hub assemblies with sun gear
Transmission gears/Camshafts
-Camshafts
-Balance shafts; engine vibration absorption functional components
-Transmission gears for AT
-Transmission gears for MT
-Transmission gears for DCT
Ball joint assembly for suspension and steering component
-Suspension arm assemblies
-Suspension ball joints
-Steering ball joints; tie-Rod end
-Steering Ball Joints; rack end
History
Apr. 1938 | Established Ohtsuka Seisakusho at Togoshi, Shinagawa-ku, Tokyo. |
Jan. 1944 | Incorporated Ohtsuka Seisakusho as a joint-stock corporation and established Ohtsuka Koku Kogyo Co., Ltd. |
Oct. 1946 | Ohtsuka Koku Kogyo relocated to Toyohashi City, Aichi Pref. Changed name to Musashi Sangyo Co., Ltd. |
Apr. 1947 | Shifted to production of sewing machine parts. Began to manufacture and sell balance and sender cams. |
Sep. 1956 | Musashi Sangyo Co., Ltd. started producing motorcycle parts including camshafts and gears. Started transaction with Honda Motor Co., Ltd. |
July, 1962 | Started transaction with Kubota Tekko Co., Ltd (present Kubota Co., Ltd.) |
Sep. 1963 | Musashi Sangyo Co., Ltd. renamed as Musashi Seimitsu Industry Co., Ltd. |
Jan. 1996 | Acquired 100% of the shares issued by Kyushu Musashi Seimitsu Industry. Honda took over the Company's capital increase for a consideration allocated to a third party and acquired 28.9% of the issued shares. |
Mar. 1996 | Established PT Musashi Auto Parts Indonesia (83.3% investment) in Indonesia with PT Federal Motors. |
Apr. 1996 | Obtained ISO9001 certification. |
June, 1997 | Established Musashi Auto Parts Canada Inc. (100% investment) in Ontario, Canada. |
Mar. 1998 | Invested in MotogearnorteIndatri de Engrenajemz Litd (currently Musashi de Brazil Limitada) (35.3% investment). |
Aug. 1998 | Obtained ISO14001 certification. |
Dec. 1998 | Listed on the over-the-counter market of the Japan Securities Association. |
Dec. 1998 | Made into subsidiary: MotogearnorteIndatri de Engrenajemz Litd (51.0% investment). |
May, 1999 | Obtained QS9000 certification. |
Oct. 2000 | Established Musashi South Carolina Inc. in South Carolina, USA. |
Feb. 2000 | Established Musashi Hungary Manufacturing, Ltd. in Hungary. |
Jan. 2001 | Established Musashi Europe GmbH in Wintershreizssheim, Germany. |
Jan. 2001 | Established Musashi North America Inc. in Michigan, USA. |
Mar. 2002 | Established Musasi da Amazonia Ltda. in Amazonia, Brazil. |
Jul. 2002 | Established Musashi Autoparts India Pvt., Ltd. in Haryana, India. |
Jan. 2003 | Established Musashi Auto Parts (Zhongshan) Co., Ltd. in Guangdong, China. |
Dec. 2003 | Established Musashi Asia Co., Ltd. (100% investment) in Bangkok, Thailand. |
Mar. 2004 | Listed on the Second Section of the Tokyo Stock Exchange and the Second Section of the Nagoya Stock Exchange. |
Mar. 2005 | Listed on the First Section of the Tokyo Stock Exchange and the First Section of the Nagoya Stock Exchange. |
Dec. 2005 | Established the 2nd. Akemi Plant in Akemi-cho, Toyohashi City, Aichi Prefecture. |
Mar. 2009 | Closed the Company's Noto Plant located on the site of Noto Industrial Park in Sika-machi, Hakui-gun, Ishikawa prefecture, Japan. |
Nov. 2010 | Established Musashi Auto Parts Vietnam Co.,Ltd., a wholly owned subsidiary in Hung Yen Province, Vietnam. |
Dec. 2010 | Liquidated Musashi South Carolina Inc., its wholly owned subsidiary in South Carolina, U.S.A. |
Dec. 2011 | Established Musashi India Pvt. Ltd. (a wholly owned subsidiary) in Haryana State, India. |
Mar. 2012 | Established Musashi Auto Parts Mexico, S.A. de C.V. (a wholly owned subsidiary) in San Luis Potosi, Mexico. |
Jun. 2014 | Established Musashi Auto Parts (Nantong) Co., Ltd. (tentative name) in Jiangsu, China. |
Oct. 2014 | Established Musashi Investment (Zhongshan) Co., Ltd. (tentative name) in Guangdong, China. |
Jun. 2016 | Acquired Hay Holding GmbH |
Nov. 2017 | Built a new production plant for the machinery business; in Akemicho, Toyohashi, Aichi Prefecture. |
Aug. 2018 | Merged Hay Holding GmbH with Musashi Europe GmbH, changing the company's name to Musashi Europe GmbH. |
Oct. 2018 | Turned Asada Katan Chutetsusho into a subsidiary. |
Oct. 2019 | Asada Katan Co., Ltd. adopted new name, Musashi Casting Co., Ltd. |
Apr. 2020 | Turned JM Energy into a subsidiary |
Nov. 2020 | Changed name of JM Energy Co., Ltd. to Musashi Energy Solutions Co., Ltd. |
Apr. 2022 | Moved to the Prime Market of the Tokyo Stock Exchange in line with the TSE’s reorganization. |
Mar. 2023 | Constructed the 2nd production plant at Musashi Auto Parts (Zhongshan) Co., Ltd. in Guangdong Province, China. |
Apr. 2024 | Turned Wired Co., Ltd. (currently Musashi Wired Co., Ltd.) into a subsidiary. |
Jul. 2024 | Established Musashi Delta E-Axle India Private Limited (currently a subsidiary accounted for under the equity method of accounting). |
Supplemental Information 1
>>>FY ended Mar. 31, 2007 Business report
>>>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
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>>>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
>>>FY ended Mar. 31, 2024 Business report
Archives of Past Exhibits
Note: A figure in brackets ( ) indicates a loss