Chuo Malleable Iron Co., Ltd.

Company Profile

■URL

https://www.chuokatan.co.jp

■Address

1-300 Asadahirako, Nisshin-shi, Aichi-ken 470-0128 Japan (Nissin Plant)

Business Overview

-The Company is a manufacturer of automotive cast-iron products and aluminum cast parts.

-The Company's business operations are separated into the following two sectors:

  • Die-casting Business: deals in automotive parts, industrial-vehicle parts, industrial-robot parts
  • Metal Furniture Business: deals in various types of chairs/ furniture for offices and facilities.

Financial Overview

-In the fiscal year that ended in March 2023, consolidated sales were JPY 33,522 million (0.9% YoY increase), operating loss was JPY 288 million, ordinary profit was JPY 790 million (26.8% YoY decrease), and net profit attributable to the parent company shareholders was JPY 670 million (14.4% YoY decrease).

Shareholders

Listed on the Main Market of the Nagoya Stock Exchange (As of Mar. 31, 2023)
Name or Company name Investment ratio (%)
Toyota Motor Corporation 5.12
MUFG Bank, Ltd.
4.27
The Dai-ichi Life Insurance Company, Limited 4.27
CMC Cooperative Association Shareholding Association
4.17
Toyota Industries Corporation
4.01
Sumitomo Mitsui Banking Corporation 3.88
SINTOKOGIO, LTD
2.97
Aioi Nissay Dowa Insurance Co., Ltd
2.94
Custody Bank of Japan, Ltd. 2.84
Employees stockholding 2.83
Total 37.37

Products

Cast-iron Automotive Parts
-Engine brackets
-Fuel-pump flanges
-Alternator brackets
-Compressor brackets
-Damping housings
-Engine hangers
-Control shafts
-Engine mounting brackets
-Stabilizer brackets
-Retainer axle bearings
-Caliper support brackets
-Spring brackets
-Differential supports
-Differential retainers
-Differential cases
-Differential tubes
-Drive shaft bearing brackets
-Bearing cases
-Mounting bracket assemblies
-Suspension support sub-assemblies
-Pulley crank shafts
-EGR brackets
-Flywheel stabilizers
-Cab mount brackets
-Suspension arm assemblies
-Spring U-bolt seat sub-assemblies
-Coupling sub-assemblies
-Axle hubs
-Differential carriers
 
Aluminum Automotive Parts
-Compressor covers
-Compressor mounting brackets
-Differential supports
-Differential supports (for HEVs)
-FC mounting brackets

History

Jun. 1930 Established Takeyama Casting Works for normal pig iron casting.
May 1933 Started Takeyama Casting Malleable to produce malleable iron products.
Jan. 1944 Combined Adachi Machine Works and Sebe Iron Works
Into a machining division and incorporated it into Chuo Malleable Iron Co., Ltd.
May 1946 Started production of tools made mainly from malleable iron.
May 1948 Started business with Toyota Jidousha Kogyo (currently Toyota Motor Company) as a tie-up plant.
Mar. 1959 Built the Nisshin Plant in Nisshin-cho, Aichi. (currently Nisshin City, Aichi)
Sep. 1960 Listed on the second section of the Nagoya Stock Exchange.
Apr. 1968 Established Toki Malleable Iron Co., Ltd. (currently a consolidated subsidiary) as a plant specializing in malleable iron products.
Oct. 1973 Set up the Kumamoto Plant in Otsu-cho, Kikuchi-gun, Kumamoto.
Feb. 1981 Acquired plant site (33,053m2) in Toki City, Gifu.
Mar. 1988 Changed the fiscal closing date from November 30 to March 31.
Oct. 1993 Completed developing land for the planned Toki Plant.
Apr. 2001 Signed a contract with Ishikawa Malleable Iron to establish a joint venture "Suzhou Ishikawa Iron Manufacturing Co., Ltd." in China (currently an affiliated firm) to produce ductile cast products.
May 2001 Acquired ISO14001.
Jan. 2002 Suzhou Ishikawa Iron Manufacturing Co., Ltd. started production.
Mar. 2006 Turned Toki Malleable Iron Co., Ltd. into a wholly owned subsidiary through a stock swap. (The company is currently a consolidated subsidiary.)
Nov. 2012 Constructed a new casting plant at Suzhou Chuo Malleable Iron Co., Ltd., the second one on the premises.
Dec. 2018 Established Gifu Kujiri Plant in Toki City, Gifu Prefecture.
Apr. 2019 Invested in Takeyama Foundry Co., Ltd. and made it a consolidated subsidiary.

Supplemental Information 1