Topre Corporation

Company Profile



3-12-2, Nihonbashi, Chuo-ku, Tokyo 103-0027, Japan

Business Overview

-Non-affiliated major pressed (stamped) parts supplier.

-It manufactures and sells mainly pressed (stamped) products, constant temperature logistics products, air-conditioning equipments and electronic equipments.

Financial Results Highlights

-The Company’s financial results for the fiscal year that ended in March 2017 are as follows.
Consolidated sales: JPY 163.4 billion (12.4% increase year-over-year)
Operating income: JPY 20.4 billion (12.6% increase year-over-year)
Ordinary income: JPY 19.7 billion (27.8% increase year-over-year)
Current net profit attributable to the parent-company’s shareholders: JPY 13.7 billion
(30.9% increase year-over-year).

-Sales by the automotive division of the stamped-parts business were strong, thanks to robust sales of new vehicles in Japan after the inaccurate fuel-consumption problem ended, and thanks to strong sales of new-tech vehicles and new-model vehicles. In addition, the remigration of production from North America to Japan continued and sales from Topre Tokai, which was turned into a subsidiary in January, contributed to the favorable results. Sales of stamped products account for 67.1% of total sales.

Recent Business Developments
-In order to increase production of stamped products in India, the Company in July 2017 announced that it will invest an additional INR 315 million (JPY 557 million) in its subsidiary in India. (From an August 3, 2017 article in the Nikkan Jidosha Shimbun)

-The Company announced in April 2017 that it will establish a new production plant to manufacture automotive-stamped parts at Topre Kyushu Co. Ltd. The new plant will become the second production plant at the wholly owned subsidiary in Kyushu. The new plant is scheduled to start commercial operations in January 2019. (From an April 14, 2017 press release) 

-In March 2017, the Company announced that Topre America Corporation will construct a new plant and also make additions to a plant building that is currently under construction. It is investing JPY 6 billion in the new production plant it will build in Ohio, which is scheduled to start commercial operations in October 2018. The Company will invest JPY 4.0 billion to add to and increase production facilities at the production plant currently under construction in Tennessee, which is scheduled to start commercial operations in September 2019. (From a March 15, 2017 press release)

-The transfer of the stamping business from Yachiyo Industry Co., Ltd. was completed in January 2016. (From a January 6, 2016 press release)

14th Mid-term Management Plan (from FY ending in March 2018 to fiscal year ending in March 2020)

Financial targets for the fiscal year ending in March 2020.
- Consolidated sales: JPY 200.0 billion
- Operating income: JPY 24.0 billion
- Return on Equity (ROE): 11.0% or more
- Return on Assets (ROA): 6.5% or more
- Sales by region: Japan 60%, outside Japan 40%


-Listed on first section of Tokyo Stock Exchange. (As of Mar. 31, 2017)
Name or Company Name Investment Ratio (%)
Japan Trustee Services Bank, Ltd. 10.41
Topre Corporation 6.91
Resona Bank, Ltd. 4.61
Mitsubishi UFJ Trust and Banking Corporation 4.61
Nippon Life Insurance Co. 3.95
Individual shareholder 3.61
Aikawa Family Company 2.66
Sumitomo Life Insurance Co. 2.64
Individual shareholder 2.62
Customers share holding commission 2.55
Total 44.61


Automotive pressed products
Radiator core supports
Front pillars
Center pillars
Rear pillars
Wheel houses
Door beams
Metal airbags
Battery cases for electric vehicles


Apr. 1935 Established Tokyo Stamp Works Co. Ltd. in Kouto-ku, Tokyo with capital of 300,000 yen. Mainly engaged in stamping and assembly of sheet metal.
Oct. 1937 Acquired Jotoh Kogyo.
Jan. 1958 Acquired Tokyo Die-Cast Co. Ltd.
July 1960 Set up a die-cast plant in Kanagawa, and named it the Sagamihara Plant.
Oct. 1963 Set up an assembly plant in the Sagamihara Plant. combining it with a die-cast plant and stamping plant.
March 1964 Set up a stamping and assembly plant in Hiroshima (currently East Hiroshima City) and named it the Hiroshima Plant.
July 1964 Moved the headquarters from Kouto-ku to Chuo-ku, Tokyo.
July 1965 Merged the Tokyo Plant into the Sagamihara Plant.
Jan. 1968 Established a stamping plant and die-cast plant in the Sagamihara Plant.
Aug. 1978 Established a representative office in the US.
Oct. 1985 Changed the Company name to Topre Corporation.
May 2000 Started constructing in June 2000 a 2.5 billion yen new plant in Kyusyu to produce press parts for Toyota and Nissan factories in Kyusyu. Topre plans to supply the parts, currently produced at Hiroshima Plant.
July 2000 The refrigerator sales subsidiary of Topre, Topurec, strengthened its sales and service functions in the Kansai area, relatively weak as compared with the Tokyo area.
Nov. 2000 Topre has developed, jointly with a steel plate maker, the strongest, 150-kilogram tension press parts for the body of a car.
Nov. 1999 Established Topre Kyusyu Co., Ltd. in Tanushimaru-machi, Ukiha-gun, Fukuoka, Japan with capital of 100 million Yen.
June 2002 Established Topre America Corporation in Cullman, Alabama, USA. Topre America is currently a consolidated subsidiary capitalized at 25 million yen as of March 31, 2009.
Apr. 2008 Established Topre Saitama Co., Ltd. in Tokigawa Town, Saitama Prefecture. Topre Saitama is capitalized at 100 million yen and is currently a consolidated subsidiary.
Jan. 2010 Established Topre (Foshan) Autoparts Corporation, wholly investing 2 billion yen in capital. The company is a consolidated subsidiary.
Dec. 2010 Established Topre Thailand Co., Ltd., currently a consolidated subsidiary, in Bangkok.
Feb. 2012 Established Topre Xiangyang Automobile Parts Co., Ltd., currently a consolidated subsidiary, in Xiangyang, Hubei Province.
Mar. 2012 Established Topre Autoparts Mexico,S.A de C.V., currently a consolidated subsidiary, in Querétaro.
Jan. 2014 Established a new plant in Suzuka, Mie Prefecture (the Suzuka Plant), which produces automotive equipment.
Oct. 2015 Established a new production plant, Topre (Thailand) Co., Ltd., in Samut Prakan Province in Thailand.
Jan. 2016 Turned Topre Tokai Corporation (Inabe-gun, Mie Pref. ) into a wholly owned subsidiary (now a consolidated subsidiary capitalized at JPY 490 million).
Apr. 2017 The operations of Topre Saitama, a consolidated subsidiary, were merged into the Company’s operations. The Suzuka Plant operations were transferred to Topre Tokai.

Supplemental Information 1