Imasen Electric Industrial Co., Ltd.
Company Profile
Business Overview
-An independent automotive parts manufacturer.
-Mainly manufactures and sells mechanical components and electronic components for automotive use.
-Major manufacture of mostly seats and electric products, which accounted for 81.4% of total sales. (As of the fiscal year that ended in March 2023)
-The Company has a 24% share of the seat-adjuster market and a 25% share of the seat-recliner market in Japan, according to its own research.
-In order to strengthen the seat business, the Company invested in TS Tech.
Shareholders
-From April 2022, moved to the Prime Market of the Tokyo Stock Exchange, and to the Premium Market of the Nagoya Stock Exchange. | (As of Mar. 31, 2023) |
Name or Company Name | Investment Ratio (%) |
TS TECH Co.,Ltd. | 35.54 |
The Master Trust Bank of Japan, Ltd. (Trust Account) | 4.81 |
Business partner share holding association | 3.96 |
Employee stock holdings | 3.06 |
Custody Bank of Japan, Ltd. (Trust Account) | 2.42 |
San Ju San Bank, Ltd. | 2.25 |
INTERACTIVE BROKERS LLC | 1.68 |
NHK Spring Co., Ltd. | 1.38 |
Honda Motor Co., Ltd. | 1.29 |
UBS AG LONDON A/C IPB SEGREGATED CLIENT ACCOUNT | 1.22 |
Total | 57.61 |
-It applied on May 12, 2023 to be relisted on the Standard Market. It is expected to be relisted on October 20.
Products
Mechanical products
Seat adjusters
-Power seat adjusters
- Lightweight power seat devices
- High strength power seat devices
- Lift-up and rotation device for vehicles designed to carry physically challenged passengers
-Round units
-Slide adjusters
- Standard rails
- Long rails
-Height adjusters
-Brake units
-Recliner devices with automatic restoration function
Window regulators
-Wire type window regulators
-X-ray type power window regulators
- X-ray type power window regulators
- Mono-arm type power window regulators
Electric products
-Electric products and relays
- Electronic units
- Micro ISO relays
-Lamps
- Over head consoles
- Interior lamps
- High-mounted stop lamps
- Rear combination lamps
- LED lamps for illumination lighting
-Horns
- Flat horns
- Spiral horns
- Air horns
-Power electronics products
- DC-DC converters
- Control ECUs for air conditioning blower motors
-Body controlling products
- Control ECUs for power seats and seat heaters
- Body control modules
- Slide door control ECUs
-Safety products
- Back-up batteries
- Image switchable ECUs
Others
-Speed sensors
-Damper actuators for car air conditioning systems
-Magnetic valves
-Ashtrays
History
Feb. 1939 | Established Imasen Electric Industrial Co., Ltd. |
Feb. 1947 | Established Inuyama Plant. |
June 1954 | Started the production of lamps. |
Mar. 1955 | Started the production of relays. |
June 1958 | Started the production of window regulators. |
Nov. 1960 | Established Mizushima Plant. |
Sept. 1962 | Established Knight Beam Co., Ltd. |
Nov. 1962 | Established Knight Denso Co., Ltd. |
Dec. 1963 | The Company built a plant in Nagoya. |
Nov. 1965 | The Company started manufacturing automotive seat-reclining adjusters. |
Nov. 1966 | The Company started manufacturing automotive slide adjusters for seats. |
June 1967 | Established a subsidiary, Toyo Koku Denshi Co., Ltd., which is (currently a consolidated subsidiary). |
Sept. 1968 | The Company established Imasen Electric & Machinery Co., Ltd., which is (currently a consolidated subsidiary). |
Aug. 1971 | The Company built a plant in Hiroshima. |
June 1973 | The Company built a plant in Shirakawa. |
Feb. 1979 | The Company moved its headquarters to Inuyama City, Aichi Prefecture. |
Jan. 1982 | The Company merged Night Seiki Co., Ltd., into its operations (This is currently the Kani Plant). |
Apr. 1982 | Established a subsidiary, Imasen Engineering Corporation, which is (currently a consolidated subsidiary). |
Nov. 1985 | The Company began manufacturing automotive power adjusters for seats. |
Oct. 1993 | The Company merged Knight Denso Co., Ltd. into its operations. It was formerly called the Okayama Plant. |
Apr. 1995 | The Company established a plant in Yaotsu Cho, Gifu Prefecture. |
July 1996 | The Company established Imasen Philippine Manufacturing Corporation, which is (currently a consolidated subsidiary). |
Dec. 1996 | The Company's stock was registered as over-the-counter issues by Japan Securities Dealers Association. |
Apr. 1997 | The Company established Imasen Bucyrus Technology Inc., which is (currently a consolidated subsidiary). |
May 1999 | The Company built a new plant in Okayama. |
Sep. 2001 | Listed on the Second Section of Nagoya Stock Exchange. |
Dec. 2001 | Established an overseas subsidiary, Guangzhou Imasen Electric Industrial Co., Ltd., which is currently a consolidated subsidiary. |
Sep. 2002 | Designated in the first section of Nagoya Stock Exchange. |
Dec. 2002 | Obtained ISO 14001, the international standard for environmental management. |
Jan. 2003 | Established an overseas subsidiary Imasen Manufacturing (Thailand) Co., Ltd. (currently a consolidated subsidiary) |
Feb. 2003 | Listed on the first section of Tokyo Stock Exchange. |
Feb. 2004 | Obtained ISO/TS16949: 2002 |
Apr. 2004 | Absorbed a subsidiary, Knight Beam Co., Ltd. (This is currently the Harusato Plant.) |
Apr. 2007 | Established a subsidiary, Kyushu Imasen Co., Ltd. (currently a consolidated subsidiary). |
Nov. 2007 | Established a subsidiary in Indonesia, Imasen Manufacturing India Private Limited (currently a consolidated subsidiary). |
Mar. 2011 | Established Wuhan Imasen Electric Industrial Co., Ltd. in Whuhan, Hubei Province, China. |
Jul. 2012 | Established a subsidiary, Imasen Mexico Technology S.A. de C.V., in Mexico. |
Aug. 2014 | Established a subsidiary, PT Imasen Parts Indonesia, in Indonesia (currently a consolidated subsidiary). |
Apr. 2015 | Established Imasen Global Development and Training Center. |
Jun. 2015 | Established German Branch office. |
Nov. 2020 | Signed an agreement with TS Tech Co., Ltd. to form a capital-based business alliance. |
Aug. 2022 | Established Mazda Imasen Electric Drive Co., Ltd. |
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
Archives of Past Exhibits
Note: A figure in brackets ( ) indicates a loss