Ashimori Industry Co., Ltd.
Company Profile
■URL
https://www.ashimori.co.jp/english/
■Address
Business Overview
-Ashimori delivers products mainly to Mazda, such as seat belts, airbags, tonneau covers, and electric rear sunshades. In addition to its business in the automotive sector, the Company produces and sells synthetic ropes, fire-extinguisher hoses, and industrial-use hoses. Sales at the Automotive Safety Business accounted for approximately 71% of overall sales as of fiscal year ended Mar. 31, 2023.
Shareholders
| -Listed on the Prime Market of the Tokyo Stock Exchange. | (As of Mar. 31, 2023) |
| Name and Company Name | Investment Ratio (%) |
| The Japan Wool Textile Co., Ltd. | 14.48 |
| Toyoda Gosei Co., Ltd. | 13.89 |
| Ashimori Industry’s Customer Stockholding Association | 8.11 |
| The Master Trust Bank of Japan, Ltd. (Trust Account) | 7.47 |
| Employees Stockholding | 3.39 |
| The Custody Bank of Japan, Ltd. (Trust Account) | 1.58 |
| Nippon Life Insurance Co. | 1.12 |
| DFA INTL SMALL CAP VALUE PORTFOLIO | 1.02 |
| Toray Industries, Inc. | 0.99 |
| MSIP CLIENT SECURITIES |
0.93 |
| Total | 52.97 |
Products
Automotive Safety System Division
-Automotive seat belts; front, rear
- Retractors equipped for child restraint system locking capability
- Retractor pretensioners
- Lap anchor pretensioners
- Load limiters; single, double, variable
- Motorized roller-type retractors
- Tension reducers
- Shoulder anchor adjusters
- Buckles and tangs
- Webbing
-Air bags
- Front air bags
- Curtain air bags
- Side air bags
-Tonneau covers for automobile
- Type that is connected with the trunk door
- Type with front cover
- Type that covers the space between the tonneau cover and the rear seat
-Manual door shades
-Electric rear shades
-Separation nets
- Type that partitions the front seat and the luggage compartment room
- Type that partitions the rear seat and the cargo luggage room
History
| Nov. 1878 | Takabei Ashimori started Japan's first production of cotton ropes for use in conduction. Then started production of fabric and braid mainly consisting of spindle tapes and bands. |
| Dec. 1935 | Incorporated Ashimori Seiko-sho., Ltd. (with a capital of 1 million yen) |
| May, 1943 | Reorganized the company and transferred management to Toyo Boseki. |
| May, 1944 | Changed the name of the company to Ashimori Industry Co., Ltd. |
| Feb. 1949 | Purchased back shares from Toyo Boseki and became independent. |
| Jan. 1950 | Listed on the first section of the Osaka Stock Exchange. |
| Oct. 1960 | Plant (Settsu) and built new buildings at new locations. |
| Dec. 1961 | Moved headquarters to Higashi-ku, Osaka and built Osaka plant in Settsu, Osaka. |
| June, 1962 | Started production of automotive seatbelts. |
| Dec. 1963 | Moved and built Tokyo Office. (Chuo-ku, Tokyo) |
| Mar. 1972 | Signed a technical agreement on "AVALINE"with A.S. Fiskenvegn in Norway and started local production. |
| Sep. 1972 | Agreement on seatbelts with Meiho in Taiwan. |
| Apr. 1985 | Opened the Fukui Plant and concentrated the rope business. |
| Apr. 1985 | Signed technical assistance agreement on fire extinguisher hoses with Tianjin Belt No.1 Factory in Tianjin, China. |
| Apr. 1988 | Renamed the Tokyo Office as the Tokyo Branch and moved to Bunkyo-ku, Tokyo. |
| Nov. 1988 | Built new headquarters in Nishi-ku, Osaka. |
| Apr. 1989 | Established Ashimori International Ltd. (former Ashimori Europe Ltd.) in U.K. |
| Oct. 1990 | Set up the Hofu Plant as a plant specializing in automotive safety parts. |
| July, 1992 | Closed the Tokyo Plant for reorganization. |
| May, 1996 | Moved Tokyo Branch to Chuo-ku, Tokyo. |
| Feb. 1998 | Established KPN Ashimori Co., Ltd., a joint venture with KPN Group Co. and Toyo Sangyo Ltd., in Thailand. |
| Sep. 2000 | Established Ashimori America Inc. in Michigan, USA. |
| Sep. 2000 | Ashimori and Delphi Automotive Systems in MI, USA will establish in Sept. 2000 Delphi Automotive Systems Ashimori, a joint venture to produce and sell seatbelts with capital of 950 million yen (Delphi 51%, Ashimori 49%). Targeting sales of US$2 million in FY2001 and US$12 million in FY2003 |
| March 2001 | Started development of seatbelts and airbags as an integrated safety system to take advantage of the future demand for advanced safety technology and cost reduction. Targeting system supply by closely working with each department and by technical cooperation with Delphi |
| July, 2003 | Financed the entire amount of the capital that Ashimori (Thailand) Co., Ltd. increased. |
| May, 2004 | Liquidated Ashimori International Ltd. |
| Apr. 2005 | Established Ashimori Technology (Wuxi) Co., Ltd in Wuxi, Jiangsu prov., China. |
| Oct. 2007 | Dissolved a joint venture agreement with Delphi Corp., based in the U.S.A. |
| Dec. 2007 | Liquidated Ashimori America Inc. |
| July, 2008 | Established Ashimori Industry Yamaguchi Co., Ltd. |
| Oct. 2008 | Newly established Hamamatsu Plant dedicated to production of automotive safety systems. |
| Oct. 2009 | Established Ashimori India Private Ltd. in Rajasthan, India. |
| Oct. 2011 | Established Ashimori Korea Co., Ltd. in Wongju, Gangwon-do, Korea. |
| Feb. 2012 | Established Ashimori Industria de Mexico, S.A. de C.V. in Guanajuato, Mexico. |
| Apr. 2013 | Established Wuxi Ashimori International Trading Co., Ltd. in Wixi, Jiangsu Province China. |
| Nov. 2015 | Established Sapporo Sales Office. |
| May 2016 | Turned All Safe Japan Ltd. into a subsidiary. |
| Oct. 2016 | Established Tohoku Sales Office, Chubu Sales Office, and Kyushu Sales Office; and changed the name of the Sapporo Office to the Hokkaido Sales Office. |
| Jun. 2017 | Established European Office in Land Baden-Württemberg, Germany. |
| Oct. 2019 | European office becomes a local subsidiary and Ashimori Europe GmbH was established in Germany. |
| Apr. 2022 | Moved to the Prime Market of the Tokyo Stock Exchange. |
Supplemental Information 1
>>>FY ended Mar. 31, 2008 Business report
>>>FY ended Mar. 31, 2009 Business report
>>>FY ended Mar. 31, 2010 Business report
>>>FY ended Mar. 31, 2011 Business report
>>>FY ended Mar. 31, 2012 Business report
>>>FY ended Mar. 31, 2013 Business report
>>>FY ended Mar. 31, 2014 Business report
>>>FY ended Mar. 31, 2015 Business report
>>>FY ended Mar. 31, 2016 Business report
>>>FY ended Mar. 31, 2017 Business report
>>>FY ended Mar. 31, 2018 Business report
>>>FY ended Mar. 31, 2019 Business report
>>>FY ended Mar. 31, 2020 Business report
>>>FY ended Mar. 31, 2021 Business report
>>>FY ended Mar. 31, 2022 Business report
Note: A figure in brackets ( ) indicates a loss