G-TEKT Corporation

Company Profile

■URL

http://www.g-tekt.jp/english/index.html

■Address

Omiya JP Building 18F, 1-11-20, Sakuragi-cho, Omiya-ku, Saitama-city, Saitama-Pref., 330-0854 Japan

Business Overview

-A manufacturer of Honda Group, who produces automotive body stamped parts and thick precision stamped parts. It also produces and sells dies, jigs and tools.

-In the fiscal year that ended in March 2016, sales of body stamped parts accounted for 80% of companywide sales.

-In April 2011, Kikuchi Co., Ltd. merged with Takao Kinzoku Kogyo Co., Ltd. and established G-Tekt Corporation.

Shareholders

-Listed on the Tokyo Stock Exchange JASDAQ standard (As of Mar. 31, 2016)
Name Investment Ratio (%)
Honda Motor Co., Ltd. 29.67
Individual shareholder 9.86
Individual shareholder 6.61
BBH Fidelity Puritan Fidelity Series Intrinsic Opportunities Fund 5.46
TK Holdings, Inc. 4.99
KP Ltd. 3.37
Japan Trustee Services Bank, Ltd. (Trust Account) 3.12
Individual shareholder 2.92
State Street Bank and Trust Company 2.11
The Bank of Tokyo-Mitsubishi UFJ, Ltd. 1.31
Total 69.4

Products

Body structural parts
-Front pillar upper
-Front pillar lower
-Center pillars
-Rear pillars
-Damper housings
-Front wheel housings
-Bulkhead front
-Dashboard upper
-Dashboard lower
-Frame front side
-Side sills
-Front sheet
-Mid floor crossmembers
-Crossmembers B
-Rail roof front
-Roof panels
-Steering beams
-Rear wheel housings
-Center inner
-Parcel rear
-Rear combinations
-Rear panels

AT components
-Torque converters; inner
-Torque converters; outer
-Drum Inner
-EH drum assemblies
-Carry assemblies
-Pistons
-Clutch drums
-Clutch hubs

CVT components
-Primary pistons
-Primary cylinders
-Secondly cylinders
-Secondly clutches

Other products
-Timing pulleys
-Holders for hybrids
-Forged products
-Rotation sensors

History

Nov. 1953 Established as Kikuchi Body Kogyo Co. Ltd. at 592, Shimorennjaku, Mitaka-city, Tokyo for the purpose of manufacturing and selling automotive components.
Apr. 1960 Changed the company name to Kikuchi Press Kogyo Co. Ltd.
Mar. 1963 Restructured as a corporation with capital of 10 million yen. Changed the trade name to Kikuchi Press Kogyo Co. Ltd. Headquarters in Mitaka-city, Tokyo.
May, 1964 Started supplying to Honda Motor Co., Ltd.
Jan. 1969 Established new Hamura Plant in Hamura-cho, Nishi Tama-gun, Tokyo and started operations.
Hamura Factory was established as a primary assembly base.
Mar. 1973 Established Kikuchi Koki Co. Ltd (design, manufacture and sales of jigs and dies)
May, 1984 Established KTH Parts Industries Inc. in Ohio, US as a joint venture among five companies: Hirata Technical, Hongo Co., Ltd. Takao Kinzoku, American Honda Motor Company Inc. and the company. (manufactures and supplies automotive parts)
Sep. 1987 Capital participation by Honda Motor Co., Ltd. (ownership stake of 9.52%)
May, 1988 Established Jefferson Industries Corporation as a joint venture to manufacture and supply automotive parts. Partners are: the Company, Takao Kinzoku Kogyo, and American Honda Motor Company Inc in Ohio, US.
Aug. 1988 Obtained a 90% stake in Nakamura Mfg. Corporation (mold design and fabrication).
Apr. 1990 Established and started operations of a new technical center and Tochigi plant in Tochigi
Feb. 1991 Established Kikuchi Kosan (leases and manages real estate)
Sep. 1991 Merged Kikuchi Koki Co., Ltd. and Kikuchi Kosan
Sep. 1991 Fully divested from KTH Parts Industries Inc. after Jefferson Industries Corporation started full-scale operations
Feb. 1992 Bought the remaining shares of Nakamura Mfg. Corporation (made the company into a wholly-owned subsidiary)
Nov. 1995 Received Deming Program Prize from the Alliance of Japanese Scientists and Engineers
Nov. 1995 Established Cartec as a joint venture between Kyungdong Boiler and the company in Korea. (manufactures and supplies automotive parts)
Dec. 1995 Established Karmaster Metall Product Inc. (the current Karmaster Inc.) in Michigan, US. (the company's sales base)
Dec.1995 Relocated the headquarters to the Akishima plant site
Apr.1996 Listed on the over-the-counter market of the Japan Securities Dealers Association
Dec. 1996 Established Cape de Brazil Limiteda (changed the company name to Kikuchi Do Brasil
Ltda. on Oct,. 16, 2000), a joint venture with Honda Motor Brazil Limitada in Sao Paolo, Brazil to manufacture and sell automotive parts.
Sep. 1997 Technical Center obtained ISO9001
Dec. 1997 Invested in Jefferson Elora Corporation (to manufacture and sell automotive parts, etc.), in Ontario, Canada, a subsidiary to Jefferson Industries Corporation
July 1998 Invested in Austin Tri-Hawk Automotive Inc. for the manufacturing and sales of automotive parts, etc. in Indiana, USA
Dec. 1998 Technical Center obtained ISO14001
Dec. 1998 Hamura Plant obtained ISO9001
Mar. 1999 Hamura Plant obtained ISO14001
Dec. 1999 Transferred all shares of Cartech Co. Ltd. to Keito Co. Ltd. and Keito Boiler Co. Ltd., and others and withdrew from the business
June, 2000 In Georgia, USA, invested in Jefferson Southern Corporation for the manufacturing and sales of automotive parts, etc.. The company is a subsidiary of Jefferson Industries Corporation
Oct. 2001 Joined Takao Kinzoku Kogyo Co., Ltd. in establishing"APAC (Auto Parts Alliance China Ltd.)", a manufacturer and sales subsidiary for automotive components, in Guangzhou, Guangdong Province, China.
June, 2002 Set up a new plant in Ota-shi, Gunma Pref. and started operations.
July, 2002 Moved the headquarters to the site of its inspection plant in Hamura City, Tokyo.
Oct. 2003 Changed the company name of Karmaster Inc. to Kikuchi USA Inc.
Mar. 2005 Established a joint venture, Wuhan Auto Parts Alliance Co., Ltd., with Takao Kinzoku Kogyo Co., Ltd. in Wuhan, Hubei Province, China. (The joint venture engages in the manufacture and sale of auto parts.)
Sep. 2005 Established Conghua K&S Auto Parts Co., Ltd. in Guangzhou Chonghua, Guangdong Province, China. (The joint venture engages in the manufacture and sale of auto parts.)
Feb. 2007 Established Global Auto Parts Alliance India Private Ltd. in New Delhi, India, jointly with Takao Kinzoku Kogyo Co., Ltd. (The joint venture engages in the manufacture and sale of auto parts.)
Feb. 2008 Obtained ISO/TS16949 certification.
Apr. 2008 Merged with Nakamura Seisakusho Co., Ltd., its 100% subsidiary.
Sep. 2009 The Company established and started operations at its new plant in Fukaya City, Saitama Prefecture.
Apr. 2010 Dissolved Kikuchi USA Inc. 
Apr. 2010  Merged with Takao Kinzoku Kogyo Co., Ltd. and transferred its headquarters to Saitama City, Saitama Prefecture. The company adopted a new corporate name, G-TEKT Corp. 
Nov. 2011 Established G-TEKT India Private Ltd. in Rajasthan as a result of reorganizing its Indian subsidiary as part of its business reorganization.
Feb. 2012 Established PT.G-TEKT Indonesia Manufacturing in West Java.
Mar. 2012 Established G-One Auto Parts De Mexico, S.A. DE C.V. in Guanajuato, Mexico as a joint venture with H-One.
Apr. 2013 Established G-TEKT North America Corporation in Ohio, USA.
Jul. 2013 Listed its shares on the Tokyo Stock Exchange JASDAQ (Standard) as a result of the merger of the Tokyo and Osaka Stock Exchanges.
Sep. 2013 Established G-TEKT Mexico Corp. S.A. de C.V. in Guanajuato, Mexico.
Mar. 2014 PT. Auto-Body Manufacturing Indonesia was merged into PT. G-TEKT Indonesia Manufacturing.
Dec. 2014 Changed listing to First Section of the Tokyo Stock Exchange.
Jun. 2015 Established G-TEKT (Deutschland) GmbH in Bayern, Germany.

Supplemental Information 1