-Mainly manufactures and sells automotive components (crankshafts, connecting rods, etc.) and precision forgings for construction machinery.
-Integrated production from die design, forging (hot and cold) to machining and assembly.
-The Company's largest customer is Daihatsu, which accounted for 37.6% of the Company's sales for fiscal year ended Mar. 31, 2016.
-In FY ended March 2016, consolidated sales were JPY 23,469 million (a 8.9% decrease on a year-over-year (y/y) basis), operating income was JPY 251 million (a 80.1% decrease y/y), ordinary loss was JPY 107 million, and net loss attributable to owners of the parent was JPY 181 million. These decreases were attributable to a fall in sales as well as the large production loss from the inauguration of Indonesians subsidiary.
-The Company expects to generate ordinary profit and net profit (attributable to owners of the parent) in FY ending March 2017.
|-Listed on the second section of the Tokyo Securities Exchange.||(As of Mar. 31, 2016)|
|Name or Company Name||Investment Ratio (%)|
|Daihatsu Motor Co., Ltd.||32.84|
|Metal One Corporation||8.16|
|Kobe Steel, Ltd.||4.02|
|The Shiga bank, Ltd.||3.16|
|Resona Bank, Limited||1.90|
|Kita Aichi Lease Co., Ltd.||1.62|
Precision forged gears
Continuously Variable Transmission parts
Manual Transmission gears
Automatic Transmission parts
|May, 1933||Goto Tankosho was established as a limited partnership.|
|Aug. 1943||The Company was incorporated.|
|Apr. 1958||The Fukumachi Plant was established at 1-9 Higashi-Fukumachi, Nishi-Yodogawa-ku, Osaka.|
|Nov. 1962||Listed on the Second Section of the Osaka Stock Exchange.|
|June, 1964||Established the Shiga Plant at 1350 Noji-machi, Kusatsu City, Shiga Pref.|
|June, 1965||Recruited executives from Nissho (currently Nissho Iwai) to improve management.|
|Sep. 1967||Integrated three plants in Nozato, Fuku-machi, Shiga were into two plants, in Osaka and Shiga.|
|Dec. 1967||Established Omi Seiko Inc. (currently a consolidated subsidiary)|
|July, 1970||Moved headquarters to 1 Okawa-cho, Higashi-ku, Osaka.
Moved headquarters office to its current location. The Shiga plant was renamed as Headquarters Plant.
|Apr. 1972||The Osaka Plant was integrated into the Headquarters Plant. Established an integrated production system.|
|July, 1975||Headquarters moved to its current location, 1350 Noji-cho, Kusatsu City, Shiga Pref.|
|May, 1981||Established San Emu Industry Inc. (currently a consolidated subsidiary).|
|Dec. 1987||Established a 2000t automated forging stamping plant.|
|Oct. 1991||Renamed as Metalart Corporation.|
|July, 1992||Corporate name of Omi Seiko Inc. was changed to Metaltech Corporation.|
|July, 1992||Corporate name of San Emu Industry Inc. was changed to Metalmac Corporation.|
|Mar. 1993||Established Metal Forge Corporation (currently a consolidated subsidiary).|
|Apr. 1998||Metaltecs Corporation took over Metalmacs Corporation.|
|May, 2002||Set up a cold forging line.|
|Aug. 2005||Metaltecs Corporation established a link line at the Baba plant.|
|Feb. 2006||Established the Baba plant, moving a precision forging line and installing an integrated production line for heat and surface treatment.|
|Mar. 2008||Metal Tex established its Mizuguchi Plant. A new production line for processing CVT components was built.|
|Jan. 2013||Metal Tex established its Kyushu Plant. A new production line for machine processing was built.|
|May 2013||Established PT. Metalart Astra Indonesia in Indonesia. (This company is currently a consolidated subsidiary.)
|July 2014||Listed on the second section of the Tokyo Stock Exchange (TSE) after TSE and the
Osaka Securities Exchange were integrated into a single market.
Supplemental Information 1
>>>Business report for FY ended Mar. 31, 2008
>>>Business report for FY ended Mar. 31, 2009
>>>Business report for FY ended Mar. 31, 2010
>>>Business report for FY ended Mar. 31, 2011
>>>Business report for FY ended Mar. 31, 2012
>>>Business report for FY ended Mar. 31, 2013
>>>Business report for FY ended Mar. 31, 2014
>>>Business report for FY ended Mar. 31, 2015
>>>Financial Forecast for the Next Fiscal Year (Sales, Operating Income etc.)
Note: A figure in brackets ( ) indicates a loss