U-SHIN LTD.

Company Profile

■URL

http://www.u-shin-ltd.com/English/

■Address

Shiba NBF Tower, 1-1-30 Shibadaimon, Minato-ku, Tokyo, 105-0012 Japan

Business Overview

-A manufacturer of electrical components, comprised of following three operating segments: Automotive Components Division, Industrial Machinery Division, and Housing Equipment Division.

-Three core product lines at the Automotive Components Division are lock sets, door latches, and mechanical climate controllers.

-The Company acquired the Access Mechanism Product Group of Valeo in May 2013. According to the Company, it took the world's largest share of the lock set, handle, and electric steering lock markets as of November 2014.

Shareholders

-Listed on the first section of the Tokyo Stock Exchange. (As of November 30, 2015)
Name or Company Name Investment Ratio (%)
ROYAL BANK OF CANADA TRUST
COMPANY (CAYMAN) LIMITED
4.05
Yokogawa Bridge Holdings Corp. 3.40
Sumitomo Mitsui Banking Corporation 3.28
Fujisoft Incorporated 3.06
Hisamitsu Pharmaceutical Co., Inc. 2.78
Meiji Yasuda Life Insurance Company 2.64
Broadleaf Co.,Ltd. 2.46
The Bank of Tokyo-Mitsubishi UFJ Ltd. 2.34
KUBOTA Corporation 2.19
NOK Corporation 2.16
Total 28.40

Products

Lock sets
Flip keys
Steering locks (Smart) (Knob type)
Steering locks (Smart) (Key insertion type)
Electric steering locks
Smart start units
Key sets

Electronic devices
Keyless entry systems
Electric print plates

Climate control panels
Automatic climate controllers (with LCD)
Automatic climate controllers (with three dials)
Mechanical climate controllers
Mechanical climate controllers (In-mold)

Latches
Side latches
Upper/Lower latches
Lift gate latches
Bonnet latches

Door handles
Outside door handles
Inside door handles

Switches
Independent triple control switches
4WD/2WD switches
Integrated switches (detect neutral/back gear shifts)
Lift gate opener switches
Instrument-panel switches
Steering switches
Engine start switches

History

Jul. 1926 Established Yushin Shokai, and began importing, manufacturing an sales of automotive, engines, aircraft, etc.
Aug. 1942 Changed company name to Yuhshin Seiki Kogyo Co., Ltd.
Dec. 1962 Listed in Tokyo Stock Exchange, 2nd Section.
Oct. 1979 The Company acquired an interest in Sanwa Seisakusho Ltd.
June 1982 The Company acquired an interest in Yamato Seiko Co., Ltd.
Established YNS Inc. jointly with Nippon Seiki Co., Ltd.
Apr. 1984 Changed business name as U-Shin Co., Ltd.
Dec. 1986 Established JAY U-SHIN LTD. jointly with Jay Industries in India.
Feb. 1987 Established Using Shine Co., Ltd. jointly with Shinn Fu Corp. in Taiwan.
June 1987 Established U-Shin Tokyo Ltd. and U-Shin Hiroshima Ltd.
Jul. 1987 Established a wholly owned subsidiary, YUHSHIN USA LTD. in Delaware, USA.
Jul. 1987 Established ORTECH jointly with Orschelin International Co. and YUHSHIN USA LTD. in Missouri, USA.
Dec. 1992 Assigned management of manufacturing sectors to U-Shin Tokyo Ltd. and U-Shin Hiroshima Ltd.
Aug. 1993 Changed location of Head Office (6-1-11 Shinbashi, Minato-ku, Tokyo).
Sep. 1995 Established Shapadu Automotive Parts Manufacturing (M) Sdn, Bhd. (currently, Ortech Malaysia) in Malaysia.
Dec. 1996 Divide production sector of U-Shin Tokyo Ltd. to establish U-Shin Ibaraki. Ltd.
May. 1997 Listed in Tokyo Stock Exchange, 1st Section.
Jul. 2000 Established U-SHIN THAILAND.
Sep. 2000 YNS Inc. became a joint venture of U-Shin Ltd, and Nippon Seiki Co.,Ltd.
Nov. 2000 Established ORTECH EUROPE.
Mar. 2001 Started operations at U-SHIN THAILAND.
Oct. 2001 Started operations at ORTECH EUROPE (Hungary).
Apr. 2002 Established U-SHIN Manufacturing (Zhongshan) Co., Ltd. in China.
Dec. 2002 Made a technological tie-up agreement with Ansei Co., Ltd. for the production, marketing and R&D of automotive latch systems.
Jan. 2003 Started operations at U-SHIN Manufacturing (Zhongshan) Co., Ltd. (China)
Oct. 2003 Moved its headquarters to Shiba Daimon, Minato-ku, Tokyo.
Oct. 2004 Set up an additional plant at ORTECH EUROPE (Hungary).
Nov. 2004 ORTECH EUROPE (Hungary) adopted a new name - U-SHIN EUROPE LTD.
Dec. 2004 Established U-SHIN Manufacturing (Suzhou) Co., Ltd.
Jan. 2005 Set up an additional plant at U-SHIN Manufacturing (Zhongshan) Co., Ltd. (China)
Apr. 2005 Established U-SHIN Manufacturing (Hong Kong) Co., Ltd.
Dec. 2005 Merged U-Shin Tokyo and U-Shin Ibaraki, as U-Shin Tokyo the surviving company.
Jul. 2006 Terminated its ties with Ansei Co., Ltd.
Jun. 2007 Acquired a piece of land and a building to establish a new plant in Hachihonmatsu, Higashi Hiroshima City.
Jun. 2008 Absorbed U-Shin Hiroshima Ltd., U-Shin Tokyo Ltd., U-Shin Computer Service Ltd., and U-Shin Engineering Ltd.
Apr. 2010 Opened R&D centers in Europe, North America and China.
Aug. 2011 Established U-SHIN INDIA PRIVATE LIMITED.
Nov. 2011 Opened the India R&D center.
Started operation of the new factory of U-SHIN (THAILAND) CO.,LTD.
Jan. 2012 Established U-SHIN Autoparts Mexico, S.A. de C.V.
May, 2013 Acquired the Access Mechanism Product Group of Valeo.

Supplemental Information 1