Fine Sinter Co., Ltd.
Company Profile
■URL
https://www.fine-sinter.com/english/
■Address
Business Overview
-Manufacturer of powder metallurgy products in the Toyota group. Automotive parts account for approximately 90% of sales. The Company provides engine parts, shock absorber parts, transmission parts, body parts, steering parts, brake parts, etc.
-The Company’s automotive parts line of business accounted for 80% of the Company’s total sales. It mainly delivers engine parts, shock-absorber parts, transmission parts, and auto-body parts.
-In October 2002, the Company merged Tokyo Sintered Metals and Japanese Powder Metallurgy into the Company.
Financial Highlights
-The Company’s financial results for the fiscal year that ended in March 2022 are as follows.
Consolidated sales: JPY 39,674 million (1.8% increase year-over-year)
Operating loss: JPY 973 million (323.7% decrease year-over-year)
Ordinary loss: JPY 976 million (34.8% decrease year-over-year)
Current net loss attributable to the parent-company’s shareholders: JPY 2,658 million
Mid-term Management Plan 2025
<Management Index for FY Mar. 2026>
- Consolidated sales: JPY 40 billion
- Consolidated operating margin: 8%
- ROE: 10%
Shareholders
-Listed on the Standard Market of the Tokyo Stock Exchange and on the Main Market of the Nagoya Stock Exchange. | (As of Mar. 31, 2023) |
Company Name | Investment Ratio (%) |
Toyota Motor Corp. | 20.90 |
Employee stock holdings | 5.98 |
KYB Corporation | 5.01 |
Denso Corp. | 4.57 |
Aisin Corporation | 3.08 |
Sumitomo Electric Industries, Ltd. | 2.93 |
MUFG Bank, Ltd. | 2.29 |
Sumitomo Mitsui Trust Bank, Ltd. | 2.27 |
JFE Steel Corporation | 2.14 |
Aioi Nissay Dowa Insurance Co., Ltd. | 1.81 |
Total | 51.02 |
Products
Powder metal products
Engine components
-Valve seats
-Valve guides
-Titanium valves
-Sintered arms
-Rotors
-Housings
-Sprockets
-Vane nozzles
-Plates
-Thrust metal
-Bushes
-Exhaust flanges
-Sensor bosses
-Oil pumps
-Cover balances
-Clamp nozzle holders
-Holder fuel cap
-Crank angle sensors
-Wear resistant ring
Transmission components
-Levers
-Shift gears
-Shift forks
-Carriers
-Sprocket drives
-Sleeve parking locks
-Rotors
-Cam rings
-Side plates
-Synchronizer rings
-hubs
-Control parts
-Spacers
-Disconnectors
-Transfer actuators
-Oil-pump gears
Shock absorber components
-Banded Piston
-Special Piston
-Rod guides
-Valve cases
Electric Parts
-Reactor cores
-Motor cores
-Gears
-Shift eccentrics
Others
-Wedges, couplings, bushes, press-fit 2-stage gears
-ABS sensors
-Rotors, cam rings, side plates
-Tilted cams
-Tilt gears
-Coil assemblies
-Detection ring
-Rack guides
-EPBs
History
Dec. 1950 | Established in Maeno-cho, Itabashi-ku, Tokyo. Started production of powder metallurgy products. |
Apr. 1952 | Established and started operations at a new plant in Azukizawa-cho, Itabashi-ku, Tokyo. |
Aug. 1955 | Established the Nagoya Office in Chigusa-ku, Nagoya. |
Feb. 1958 | Started production of automotive machine parts. |
Jul. 1958 | Received Japan Industrial Standard (JIS) certification (Approval No. 6073). |
Nov. 1960 | Established and started operations at the Kasugai Plant in Kasugai, Aichi. |
Oct. 1995 | Transferred the Nagoya office to the Kasugai plant and the Tokyo office to the Kawagoe plant. |
May 1996 | Established Thai Fine Sinter Co., Ltd., a joint venture in Thailand (invested 36% of capital). |
Aug. 1998 | Moved the administrative division to the Kawagoe plant. |
Jan. 2000 | Established the technology development center at the Kasugai Plant. |
Apr. 2001 | Constructed an office building at the Kawagoe plant. |
Jul. 2001 | Established a joint venture, American Finesinter Co., Ltd. (invested 51% of capital). |
Oct. 2002 | Merge with Japan Powder Metallurgy, and the name of the company changed to Finesinter. |
Oct. 2002 | Made Sanshin (currently Fine Sinter Sanshin Co., Ltd.) the Company's wholly owned subsidiary through a stock acquisition. |
Nov. 2002 | Integrated the Osaka office in its relocation to Ibaraki-city, Osaka |
Dec. 2002 | Integrated the Nagoya office in its relocation to Toyoda-city, Aichi. |
Dec. 2002 | Integrated the Tokyo office in its relocation to Chiyoda-ku, Tokyo. |
Jan. 2003 | The entire company is ISO14001 certified. |
Jan. 2004 | The entire company is ISO9001 certified. |
Jun. 2004 | Established a joint venture, Precision Sintered Products (Wuxi) Co., Ltd. in China, investing 51% of the capital. |
Jul. 2005 | Transferred the Tokyo Sales Office to its Kanagawa Plant site. |
Jan. 2008 | Constructed a new headquarters building in Kasugai city, Aichi prefecture, and moved its headquarters and technical departments. |
Apr. 2009 | All Company facilities obtained ISO/TS16949 certification. |
Aug. 2009 | Consolidated the Nagoya office into the headquarters building. |
Mar. 2010 | Dissolved Fine Sinter Engineering Co., Ltd., which was the Company’s non-consolidated subsidiary. |
Mar. 2011 | Acquired the outstanding shares of Fine Sinter Sanshin Co., Ltd., making it a wholly owned subsidiary. |
Sep. 2012 | Establislhed PT. Fine Sinter Indonesia, which is currently a consolidated subsidiary. |
Apr. 2017 | Listed on the Second Section of the Nagoya Stock Exchange |
Apr. 2022 | Moved to the Standard Market of the Tokyo Stock Exchange, and to the Main Market of the Nagoya Stock Exchange. |
Supplemental Information 1
>>>Business Report 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
>>>Archives of Past Exhibits
Note: A figure in brackets ( ) indicates a loss