Jeco Co., Ltd.
-Produces automotive clocks, automotive motors, display equipment and other meters.
-More than 50% of the Company's total sales comes from Denso.
-In FY ended March 2019, consolidated sales were JPY 27,465 million (a 10.8% increase on a year-over-year (y/y) basis), operating income was JPY 639 million (a 2.0% decrease y/y), ordinary income was JPY 686 million (a 7.0% decrease y/y), and net income attributable to owners of the parent was JPY 463 million (a 12.2% decrease y/y).
-Listed on the second section of the Tokyo Stock Exchange.
-Air conditioner panels
-Parts for clearance sonar
-Corner view cameras
|Feb. 1952||Established as Japan Vacuum Clock Co., Ltd. to produce and sell radio-controlled vacuum clocks.
Set up the headquarters in Marunouchi, Chiyoda-ku, Tokyo.
|Dec. 1954||Invented precision small motors for clocks.
Started production and sales of motorized wall clocks.
Also started production and sales of motorized clocks for automobiles.
|Jun. 1955||Changed the name of the Company to Japan Electric Clock Co., Ltd.|
|Aug. 1955||Set up a headquarters and factory in Naka-meguro, Tokyo.|
|Feb. 1959||Established Gyoda factory in Gyoda city, Saitama.|
|Mar. 1962||Established Tamagawa factory in Hisachi, Kawasaki, Kanagawa|
|Dec. 1962||Listed on the 2nd Section of the Tokyo Stock Exchange|
|Jul. 1963||Became Jeco Co., Ltd. as the result of a merger for the purpose of changing the par value of one share from 500 yen to 50 yen.|
|Oct. 1964||Started production and sales of tuning-fork wall clocks.|
|Jul. 1969||Set up a marketing office in Ueno, Tokyo.|
|Jun. 1970||Established Nagano Jeco Co., Ltd. as an automotive clock assembly factory.|
|Oct. 1970||Started production and sales of tuning-fork automotive clocks.|
|Nov. 1971||Established Kanagawa Plastic Co., Ltd. as a plastic molding factory.|
|Sep. 1972||Established Niigata Jeco Co., Ltd. as a precision small motor assembly factory.|
|Sep. 1972||A large stockholder moved from Kurare to Toyota.|
|Dec. 1972||Moved the headquarters to the site of the Tamagawa factory.|
|Mar. 1973||Started production and sales of quartz automotive clocks|
|Mar. 1976||Started production and sales of quartz wall clocks|
|Sep. 1980||Moved marketing office to Kanda, Tokyo|
|Sep. 1985||Moved the headquarters to the site of the Gyoda factory.|
|Apr. 1990||Started operation of Niigata Jeco as a factory for automotive motor assembly and component processing|
|May, 1994||Established Jeco Sweden (currently Jeco Europe) in Sweden to sell automotive equipment.|
|Dec. 1995||Established Jeco Auto Parts Philippines Inc. to produce and sell automotive clocks.|
|Jun. 2002||Closed the Tamagawa Office and integrated the production into the Headquarters' plant.|
|Jul. 2002||Denso became the Company's largest shareholder, replacing Toyota motor.|
|Nov. 2005||Established Dongguan Jeco Co., Ltd. in China to manufacture and sell automotive clocks.|
|Nov. 2008||Liquidated Kanagawa Jushi Co., Ltd.|
|Feb. 2010||Liquidated Niigata Jeco Co., Ltd.|
Supplemental Information 1
>>>FY ending Mar. 31, 2008 Business report
>>>FY ending Mar. 31, 2009 Business report
>>>FY ending Mar. 31, 2010 Business report
>>>FY ending Mar. 31, 2011 Business report
>>>FY ending Mar. 31, 2012 Business report
>>>FY ending Mar. 31, 2013 Business report
>>>FY ending Mar. 31, 2014 Business report
>>>FY ending Mar. 31, 2015 Business report
>>>Financial Forecast for the Next Fiscal Year (Sales, Operating Income etc.)
Note: A figure in brackets ( ) indicates a loss