Ikuyo Co., Ltd.
Company Profile
■URL
https://www.ikuyo194.co.jp/en/
■Address
Business Overview
- The Company is part of a corporate group mainly manufacturing and selling automotive parts. After Ikuyo Co., Ltd. adopted a holding company structure in April 2026, it administers the management of the entire group, while the main subsidiary, Ikuyo Automotive Co., Ltd., is in charge of manufacturing, processing, and selling synthetic resin products, molds, and rubber products.
- Its main products are automotive interior and exterior components such as door trims, floor consoles, pillar trims, radiator grilles, bumpers, and side garnishes. In addition, the Group’s other companies are in charge of aluminum die-cast products, fuel pipes, and gasoline particulate filters (OPF).
- The Company's major customers are Mitsubishi Motors Corporation, FAW-Volkswagen, SAIC Volkswagen and PT Mitsubishi Motors Krama Yudha Indonesia (MMKI).
- On Apr. 2026, Automotive part business was inherited by IKUYO AUTOMOTIVE CO., LTD. due to a company split. The management was moved to holding company system.
Business Highlights
-For the fiscal year ending March 31, 2026, net sales were 30,144 million yen (up 70.0%), operating income was 540 million yen, ordinary income was 167 million yen, and net income attributable to the parent company was 2,756 million yen.
Shareholders
| -Listed on the Standard Market of the Tokyo Stock Exchange. | (As of Mar. 31, 2026) |
| Name or Company Name | Investment ratio (%) |
| Nitto Co., Ltd. | 42.77 |
| BNP PARIBAS SINGAPORE/2S VATE LIMITED (Standing proxy: HSBC Bank Tokyo Branch) | 22.56 |
| DBS BANK LTD. 7001 (Standing proxy: Mizuho Bank, Ltd. Sales of Yen Settlements Department) | 3.42 |
| Individual shareholder | 2.34 |
| Individual shareholder | 2.15 |
| Yaizu Body Industry Co., Ltd. | 1.95 |
| Individual shareholder | 1.29 |
| Kibun Foods Inc. | 1.05 |
| Matsui Securities Co., Ltd. | 0.89 |
| Sumitomo Mitsui Banking Corporation | 0.88 |
| Total | 79.30 |
Products
-Overhead console
-Cowl tops garnish
-Quarter garnish
-Quarter pillar garnishes
-Grille garnish
-Corner panel
-Side air dam
-Scuff plates
-Step wall
-Speaker cover
-Fender splash shield
-Center pillar trims
-Lower tail gate trim
-Garnishes
-Door garnish
-Door trim
-Door pillar garnishes
-Back panel trim
-Battery covers
-Bumper corner
-Over fenders
-Fender garnish
-Fog lamp bezel
-Floor console
-Front air dam
-Front grille
-Front console
-Front door trim board
-Front panel
-Front bumper
-Front pillar trims
-Mudguard trims
-Radiator grille garnish
-Radar garnish
-Lower grille
-Rear bumper molding
History
| May, 1947 | Founded under the name of Ikuyo Shokai Co., as a manufacturer and seller of rubber products for automobile windows. |
| Sep. 1951 | Arakawa Factory founded, commenced manufacture of automobile window rubber products for Ikuyo. |
| Jan. 1955 | Changed its corporate name to Ikuyo Chemical Industries |
| Dec. 1959 | Manufacture of formed resin products commenced. |
| Jan. 1962 | The headquarters was moved to Tokyo. |
| Dec. 1964 | Manufacturing operations moved to Atsugi, Kanagawa Pref., name changed to Atusgi Factory. |
| Feb. 1969 |
Established the Mizushima factory (now called the Okayama factory) in Okayama Prefecture |
| Jun. 1969 | Acquired Fuji Kinzoku Toko Co., Ltd. and changed its name to Ikuyo Toko, Co., Ltd. |
| Sep. 1972 | Moved corporate headquarters to Kanagawa |
| Apr. 1974 | Name changed to Ikuyo Co., Ltd. |
| Oct. 1977 | Nagoya Representative Office closed and Okazaki Factory founded. |
| Dec. 1979 | Ikuyo Works Co., Ltd, founded. |
| Sep. 1981 | Ikuyo Trading Co., Ltd. founded. |
| Apr. 1984 | Aikei Mold Co., Ltd. founded. |
| Jul. 1987 | Mizushima Factory moved, name changed to Okayama Factory. |
| Jul. 1987 | Head office moved to present location in Shibuya Ward, Tokyo. |
| Jun. 1988 | Founded Kyoto office. |
| Jul. 1989 | Hiroshima Office founded. |
| Aug. 1989 | Nagoya Factory moved. |
| May, 1993 | Yamaguchi Hikari Factory founded. |
| Aug. 1995 |
Company's stock listed on OTC of the Japan Securities Dealers' Association. |
| Aug. 1996 |
Founded Ikuyo America Corporation. |
| Aug. 1996 |
Founded Usi, Inc. |
| Mar. 1997 |
Listed on the second section of the Tokyo Stock Exchange |
| Jul. 1997 |
Founded the Second Nagoya factory in Aichi Prefecture |
| Sep. 1998 |
Ceased operation of the Kyoto office |
| Sep. 1999 |
Founded the Vivante factory inside the Atsugi factory. |
| Jan. 2000 |
Ikuyo America Corporation merged with Usi, Inc. |
| Apr. 2001 | Ikuyo Works Co. and Ikuyo Toko Co. were acquired by Ikuyo Co. |
| Mar. 2002 | Ikuyo Wood Plant closed. |
| Aug. 2007 | The headquarters was moved to Kanagawa. |
| Oct. 2008 | Established Ikuyo Technology Development Laboratory Co., Ltd. |
| Oct. 2009 | Absorbed Ikuyo Technology Development Laboratory Co., Ltd. |
| Mar. 2011 | Sold off all the shares it held in USI Inc. Sold Yamaguchi Hikari Plant. |
| Nitto Co., Ltd., the Japan unit of China-based Dalian Nitto Plastic Molding Co., Ltd., acquired 30% of the Company’s share. |
|
| Apr. 2012 | Merged the operations of IK Mold Co. Ltd. into its own operations. |
| Apr. 2013 | Established PT. Ikuyo Indonesia in Indonesia. |
| Jul. 2021 | Established Ikuyo Vietnam Co., Ltd., a subsidiary in Vietnam. |
| Apr. 2022 | Moved from the Second Section of the Tokyo Stock Exchange to the Standard Market due to the TSE's reorganization. |
| Aug. 2024 | Established Ikuyo Trading Co., Ltd. |
| Apr. 2025 | Absorbed Veritas' Chinese subsidiary, Kunshan Veritas Automotive Systems Co., Ltd. |
| May. 2025 | Absorbed Tamadai Co., Ltd. |
| Nov. 2025 | Established IKUYO AUTOMOTIVE CO., LTD. |
| Apr. 2026 | Automotive part business was inherited by IKUYO AUTOMOTIVE CO., LTD. due to a company split. The management was moved to holding company system. |



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