Mikuni Corporation
Company Profile
■URL
http://www.mikuni.co.jp/e/index.html
■Address
Business Overview
-The Company is engaged in the manufacturing and sales of fuel-injection devices, pumps and other automotive products.
-In 2011, the Company, together with Pierburg Pump Technology that is under the KSPG Group, established Pierburg Mikuni Pump Technology Corporation as a joint venture. The joint venture develops, manufactures and sells electric water pumps and variable oil pumps.
-In 2012, the Company established a joint venture in China, Pierburg Mikuni Pump Technology (Shanghai) Corp. The joint venture develops, manufactures and sells electric water pumps and variable oil pumps.
-In the fiscal year that ended in March 2016, motorcycle and special machinery sales accounted for 58% of companywide sales, while sales of automobile products accounted for 42% percent. However, the Company in the fiscal year that ends in March 2021 aims to have motorcycle and special machinery sales account for 50%, and automobile products account for 50%.
Shareholders
| -Listed on the first section of the Tokyo Stock Exchange. | (As of Mar. 31, 2016) |
| Names or Company Names | Investment Ratio (%) |
| Aioi Nissay Dowa Insurance Co., Ltd | 5.59 |
| Resona Bank, Ltd. | 4.92 |
| The Bank of Yokohama, Ltd. | 4.92 |
| Employee stockholding (Kaze) | 4.28 |
| The Bank of Tokyo-Mitsubishi UFJ, Ltd. | 3.34 |
| Mikuni Sogyo | 2.98 |
| Individual Shareholder | 2.96 |
| Suzuki Motor Corporation | 2.95 |
| The Tokio Marine & Nichido Fire Insurance Co., Ltd. | 2.83 |
| Employee stockholding (Mutsuki) | 2.07 |
| Total | 36.90 |
Products
Automotive products
-Intake modules
-Resin intake manifolds with variable valve
-Electronic control throttle bodies; DC motor types, torque motor types
-Active pedals
-Active pedal modules
-Variable valve timing systems - VVT
-Electronic oil pumps
-Electronic vacuum pumps
-Vacuum pumps
-Electronically controlled exhaust valves
-Coolant controlling valves
-Exhaust control valves
-Linear position sensors
-Idle speed control valves
-Electronic water pumps
-Variable Water Pump
-Variable oil pumps
Automotive heater products
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. |
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
>>>FY ended Mar. 2012 Business Report
>>>FY ended Mar. 2013 Business Report
>>>FY ended Mar. 2014 Business Report
>>>FY ended Mar. 2015 Business Report
Archives of Past Exhibits
Note: A figure in brackets ( ) indicates a loss