Koito Manufacturing Co., Ltd.

Company Profile

■URL

http://www.koito.co.jp/

■Address

4-8-3 Takanawa, Minato-ku, Tokyo, 108-8711 Japan

Business Overview

-The Company is a leading automotive lamp manufacturer. It has an approximately 55% share of the Japanese headlamp market and an approximately 20% share of the global headlamp market. (According to MarkLines' survey)

-In addition to expanding sales of LED headlamps, the Company is working on the development of new light sources such as organic light emitting diodes (OLEDs).

-Its largest shareholder is Toyota, which owns a 20% stake. Sales to Toyota make up 17.3% of the Company's overall sales (fiscal year ended March 2016). 

Shareholders

-Listed on the first section of the Tokyo Stock Exchange.  (As of Mar. 31, 2016)
Name or Company Name Investment Ratio (%)
Toyota Motor Corporation 20.00
The Master Trust Bank of Japan, Ltd. (Trust Account) 3.72
Japan Trustee Services Bank, Ltd. (Trust Account) 3.66
Sumitomo Mitsui Banking Corporation 3.38
Nippon Life Insurance Company 3.35
JP Morgan Chase Bank, N.A. 385632 3.25
The Bank of Tokyo-Mitsubishi UFJ, Ltd. 3.21
The Dai-ichi Life Insurance Company, Limited 2.49
The Bank of New York, Non-Treaty Jasdec Account 2.16
Denso 1.87
Total 47.08

Products

-Headlamps

  • LED headlamps
  • LED daytime running lamps
  • Discharge headlamps
  • Halogen headlamps
  • Adaptive driving beam headlamps
  • Single-LED bi-functional projectors

-Signaling lamps

  • LED rear combination lamps
  • Clearance lamps/Front turn signals
  • Side turn signal lamps (for Door mirrors)
  • High-mounted stop lamps

-Fog lamps

  • LED fog lamps

-Accessory lamps

-Room lamps

-Rear garnish lamps

-License plate lamps

-Miniature bulbs

  • Miniature bulbs
  • Halogen bulbs
  • Discharge bulbs

-Other lighting products

  • Flashers
  • Vanity mirrors

-Special lightings

  • Display panels

History

Apr. 1915 The Koito Genrokuroh Store was established by Koito Genrokuroh to sell lenses for railway signal lights and colored glass.
Apr. 1935 Established the Shinagawa Plant.
Apr. 1936 Established Koito Manufacturing Co., Ltd. with capital of 2.5 million yen.
Mar. 1943 Acquired Ayaha Kutsushita in Shimizu-shi, and started its operations as the Shizuoka Plant.
May, 1949 Listed on the Tokyo and Osaka Stock Exchanges.
Oct. 1957 Spun-off the all-glass shield beam headlamp division and established it as Koito Electric Co., Ltd. to focus on mass production of such headlamps for automobiles.
Jan. 1962 Merged with Koito Electric Co. to cope with liberalization of trade.
Apr. 1967 Made a sector of the sales division into a subsidiary and sold it to Koito Industries Ltd. (currently a consolidated subsidiary).
Apr. 1982 Developed a halogen bulb for automobiles.
Mar. 1988 Koito Manufacturing Co., Ltd. was listed on the second section of the Tokyo Stock Exchange.
Jul. 1996 Began manufacturing and sales of discharge headlamps.
Mar. 1997 Built the Technology Center.
Jul. 2000 Dissolved commercial agreement in North America with Ichikoh Industries.
Aug. 2000 Certified ISO14001 in all domestic factories.
Mar. 2001 Established Koito Czech s.r.o. in the Czech Republic (currently a consolidated subsidiary)
Oct. 2001 Koito Manufacturing Co., Ltd., together with TOTO and Aichi Electronics Co., Ltd. established Pan Washlet Co. Ltd., which is currently an affiliated company.

Jul. 2002

Constructed No.3 Plant at North American Lighting Inc.
Feb. 2004 Constructed Plant No.3 at Thai Koito Co., Ltd.

Nov. 2004

Established Koito Europe NV in Belgium as a consolidated subsidiary.
Feb. 2005 Changed the name of Inhee Lighting Co., Ltd. to Innovative High-tech Lighting Corp, which is consolidated subsidiary.
Nov. 2005 Established Koito Kyusyu  Ltd. in Saga Prefecture, which is currently a consolidated subsidiary.
Sep. 2005 Made Fuzhou Ta Yih Industrial Co., Ltd. in China its subsidiary.
Nov. 2005 Established Guangzhou Koito Automotive Lamp Co., Ltd. in China, which is currently a consolidated subsidiary.
Apr. 2006 Shanghai Koito Automotive Lamp Co., Ltd. in Shanghai China opened its third factory.
Apr. 2006 The Company opened its Chinese office in Shanghai, China. 

Jul. 2006

The Company discontinued production of sealed beam lamps; total production volume of the products reached 430 million units. 

Oct. 2006

Production started at Koito Kyushu Co., Ltd. 
Mar. 2007 Production started at Guangzhou Koito Automotive Lamp Co., Ltd. in Guangzhou, China. 
May, 2007 Production and sale of the world's first LED Headlamps began.
Jul. 2007 Started operations at the Alabama Plant of North American Lighting, Inc.
Sep. 2007 Started operations the at Bawal Plant of India Japan Lighting Private Limited.
Feb. 2008 Changed the name of Fuzhou Ta Yih Industrial Co., Ltd. to Fuzhou Koito Tayih Automotive Lamp Co., Ltd., which is now a consolidated subsidiary.
Sep. 2008 Koito Kyushu Ltd. opened its second Plant (Saga, Japan)
Jun. 2010 Established PT. Indonesia Koito in Indonesia.
Jan. 2011 Established the second plant of North American Lighting, Inc. in Alabama.
Mar. 2011 Established the die plant of North American Lighting, Inc. in Indiana.
Apr. 2012 Established a production plant and technical center at Thai Koito Company Limited located in Prachinburi.
Dec. 2012 Established North American Lighting Mexico, S.A. de C.V. in Mexico (currently a consolidated subsidiary).
Mar. 2013 Established Plant No. 2 at India Japan Lighting Private Limited located in Chennai.
Nov. 2013 Established Plant No. 2 at Guangzhou Koito Automotive Lamp Co., Ltd.
Jan. 2014 Expanded Alabama plant of North American Lighting, Inc.
Mar. 2014 Expanded Paris plant of North American Lighting, Inc.
Sep. 2014 Opened factory of North American Lighting Mexico, S.A. de C.V.
Established Hubei Koito Automotive Lamp Co., Ltd. in China (currently a consolidated subsidiary).
Jun. 2016 Hubei Koito Automotive Lamp Co., Ltd. opened plant.

Supplemental Information 1