Ichitan Co., Ltd.

Company Profile

■URL

http://www.ichitan.co.jp

■Address

74 Shindo-cho, Oota City, Gunma Pref.,373-0037, Japan

Business Overview

-Mainly produces forged components for passenger cars.

-Group-wide production capacity is 5,700 ton per month.

-On March 31, 2010, the Company signed an agreement with Fuji Heavy Industries Ltd. (FHI)  to carry out a stock swap, through which the Company became a wholly-owned subsidiary of FHI.

Shareholders

-Unlisted
(As of Mar. 31, 2016)
Name or Company Name

Investment Ratio (%)

Fuji Heavy Industries Ltd. 100.0

Products

Engine parts
-Crank shafts
-Connecting rods

Transmission parts
-Manual/Automatic transmission parts

Suspension products

Propeller shaft parts

Air-conditioner parts

History

Feb. 1951 Established Daiichi Tanzo Co., Ltd. Osaki Plant as a new company in the forging industry in Higashi-Osaki, Shinagawa-ku, Tokyo and started forging components for vehicles.
July, 1962 Established Ohta Plant in Ohta, Gunma and started forging components for vehicles.
Dec. 1965 Became a subsidiary company of Fuji Heavy Industry Co., Ltd.
Dec. 1966 Closed the Osaki Plant and unified the plant with the headquarters functions at the Ohta Plant.
Apr. 1967 Moved headquarters to Ohta, Gunma.
June, 1988 Started manufacturing machining components, a new field for the Company, and became an integrated manufacturer of materials.
Nov. 1990 Started cold forging to develop high value-added products.
Apr. 1991 Established Kyushu Daiichi Tanzo Co., Ltd. (currently Kyushu Ichitan Co., Ltd, a consolidated subsidiary) in Innai-machi, Usa-gun, Oita in order to expand sales channels in West Japan.
Sep. 1995 Listed on the over-the-counter market of the Japan Stockbrokers' Association.
Nov. 1995 Established Daiichi Forging Dalian Co., Ltd. (currently a consolidated subsidiary) in People's Republic of China.
Oct. 1999 Changed name to Ichitan Co., Ltd. Aiming to expand its business other than in the forging industry.
Dec. 2004 Listed its shares on the Jasdaq Securities Exchange.
Mar. 2010 Signed an agreement with Fuji Heavy Industries Ltd. (FHI) to carry out a stock swap, through which the Company became a wholly-owned subsidiary of FHI.
Feb. 2011 Reduced capital to JPY 480 million.
Mar. 2011 Introduced a continuous normalizing and tempering furnace. 

Supplemental Information 1