Yachiyo Industry Co., Ltd.
-As a subsidiary of Honda, the Company is engaged in two business activities, i.e., the manufacture of automotive parts and the assembly of automobiles.
- Automotive parts: Design, development, and manufacture of fuel tanks and sun roofs, and manufacture of sheet metal and plastic products.
- Automotive assembly: minicars, special-needs vehicles.
Recent Business Developments (fiscal year that ended in March 2016)
-Companywide sales were 5.5% higher year-on-year (JPY 149.8 billion). Among that amount, Japan sales (JPY 31.7 billion) accounted for 21.2%.
-The Honda Group accounted for 82% of total sales.
-Sales by product are as follows: sunroofs (JPY 41.0 billion, accounting for 27.4%), fuel tanks: (JPY 33.6 billion, accounting for 22.4%), and finished vehicles (JPY 9.90 billion, accounting for 6.6%).
-The Company sold off all of its sheet-metal operations in and outside Japan. The Company consolidated its operations into plastic fuel tanks (PFTs) and sunroofs.
- June 2014: Transferred the stamping operations in Canada to Matcor-Matsu Group of Companies.
- October 2014: Transferred the stamping operations to Unipres (USA) and the PFT operations to its new production plant in Georgia, U.S.
- June 2015: Transferred the parts business of H-One and the UK operations to N Press Assembly.
- January 2016: Completed the transfer of the stamping operations in Japan to Topre.
|-Listed on the JASDAQ Stock Exchange.||(As of Mar. 31, 2016)|
|Name or Company Name||Investment Ratio (%)|
|Honda Motor Co., Ltd.||50.34|
|BBH for Fidelity Low-Priced Stock Fund||3.84|
|Sumitomo Mitsui Banking Corporation||1.90|
|Saitama Shatai Co., Ltd.||1.82|
|Yachiyo Industry Co., Ltd. Employees' ownership association||1.72|
|The Bank of Tokyo-Mitsubishi UFJ, Ltd.||1.46|
|Japan Trustee Services Bank, Ltd. (Trust account)||1.10|
Plastic fuel tanks
Steel fuel tanks
Tilt inner slide sunroofs
Outer slide sunroofs
Aero car parts
Sheet metal parts (through the fiscal year ending March 2016)
Rear roof rails
Front pillar stiffeners
Slide door roof rails
|Apr. 1947||Eiichi Ohtake, currently a Special Advisor, personally established Ohtake Paint Shop at 7, Fujimi-cho, Itabashi-ku, Tokyo. Started the business of painting machine parts. In 1951, started painting of motorcycle components along with Honda's business expansion to Tokyo.|
|Aug. 1953||Established Yachiyo Painting Co., Ltd. to start baking finish business. Set up Narimasu Plant in Daiwa-cho, Saitama (currently Wako-shi) (closed in June 1962). Appointed as a plant for Honda.|
|May 1960||Established Suzuka Plant in Suzuka City, Mie, as a buffing and painting shop for motorcycle parts.|
|Sep. 1968||Changed the company name to Yachiyo Industry Co., Ltd.|
|Aug. 1972||Established Kashiwabara Plant in Saitama, starting assembly of Honda's mini-cars on an outsourcing basis. As a result, Honda invested in the Company, which then became a Honda affiliate.|
|Apr. 1973||Merged Yachiyo Press Industry Co., Ltd. with Shimizu Seisakusho.|
|Nov. 1974||Established Goshi Giken Co., Ltd. as a joint venture with Honda and Sankei Giken Kougyou Co., Ltd.|
|Feb. 1976||Started producing buggies for Honda at the Kashiwabara Plant on an outsourcing basis.|
|Feb. 1977||Started producing fuel tanks as automotive parts.|
|Jul. 1981||Relocated head office to Toshima Ward in Tokyo.|
|Jun. 1983||Established Yokkaichi Factory in Mie Prefecture as an automotive parts manufacturing facility performing stamping and welding operations.|
|Aug. 1985||Enhanced facilities at Yokkaichi Factory to produce trucks for Honda on an outsourcing basis.|
|Jan. 1986||Established the Tochigi R&D Center in Tochigi Prefecture.|
|Jun. 1986||Started producing sunroofs as part of its automotive-parts range.|
|Jan. 1989||Established Yachiyo of Ontario Mfg., Inc., which is a consolidated subsidiary, in Canada.|
|May 1996||Started contract production of Honda's mini passenger cars on a subcontracted basis.|
|Jun. 1996||Established Yachiyo Industry (U.K.) Ltd. (currently a consolidated subsidiary) in UK.|
|Jun. 1996||Established Unipart Yachiyo Technology Ltd. in UK, a joint venture with several local companies.|
|Jan. 1997||Established Siam Yachiyo Co., Ltd., which is currently a consolidated subsidiary, in Thailand.|
|May 1997||Relocated head office to Sayama, Saitama Prefecture.|
|Sep. 1997||Established Yachiyo of America Inc., which is a consolidated subsidiary, in the U.S.A.|
|Oct. 1997||Established AY Mfg., Ltd., which is a consolidated subsidiary, in the U.S.A. through its local subsidiary.|
|Jan. 1999||Established US Yachiyo Inc., which is a consolidated subsidiary, in the U.S.A.|
|Sep. 2000||Established Yachiyo Manufacturing of Alabama Llc. in the USA.|
|Apr. 2002||Established Yachiyo Zhongshan Mfg. Co., Ltd. in China.|
|Aug. 2002||Purchased shares of Goshi Giken Co., Ltd. and made it into its subsidiary.
With this, the subsidiaries of Goshi Giken Co., Ltd., Uemura Tech, Shisui Tech, Goshi Tech, Siam Goshi Mfg. Co., Ltd. (Thailand) and Goshi-Thanglong Auto-Parts Co., Ltd (Vietnam) all became the subsidiaries of Yachiyo.
|Dec. 2004||Cancelled its registration with the Japan Securities Dealers Association for over-the-counter trading and listed its shares on the JASDAC Stock Exchange.|
|Jul. 2005||Established Yachiyo Wuhan Mfg. Co., Ltd. in China, which is currently a consolidated subsidiary.|
|Oct. 2005||Acquired equities of AY Mfg. and Ltd. in the United States, which is currently consolidated subsidiary, and made it into its subsidiary.|
|Dec. 2006||Honda Motor Co., Ltd. became the Company's parent company, as Honda purchased the Company's shares through a takeover bid.|
|Apr. 2008||Established YG Tech Co., Ltd., a current consolidated subsidiary, in Mie Prefecture, Japan through a joint-investment pooled by Group companies.|
|Apr. 2008||Established Yachiyo India Manufacturing Private Limited, which is currently a consolidated subsidiary, in India.|
|Dec. 2008||Goshi India Auto Parts Private Limited, currently a consolidated subsidiary, started its operations in India.|
|Sep. 2009||Established Yachiyo de Brasil Industria e Comercio de Pecas Ltda. (currently a consolidated subsidiary) in Brazil.|
|Feb. 2012||Established Yachiyo Mexico Manufacturing S.A. de C.V., which is currently a consolidated subsidiary, in Guanajuato, Mexico.|
|Apr. 2012||Established the Saitama R&D Center in Sayama, Saitama Prefecture.|
|May 2012||Established P.T. Yachiyo Trimitra Indonesia.|
|Jun. 2014||Yachiyo of Ontario Manufacturing, Inc. in Canada transferred sheet-metal business to Matcor-Matsu Group of Companies.|
|Oct. 2014||Stamping operations of Yachiyo Manufacturing of Alabama, LLC (U.S.A) acquired by Unipres. Plastic fuel tank operations transferred to new production plant in Georgia. Adopted new name Yachiyo Manufacturing of America, LLC.|
|Dec. 2014||Established Yachiyo Germany GmbH.|
|May 2015||Reached basic agreement with Topre to start discussion that Yachiyo will transfer stamping operations in Japan to Topre.|
|Jun. 2015||Transferred all operations with H-One at UYT Ltd. (an affiliate company in the U.K.) to N Press Assembly Limited.|
|Jan. 2016||Completed the transfer of business operations of YG Tech, which was a consolidated company, to Topre, ending the Company’s operations in the sheet-metal business.|
Supplemental Information 1
>>> 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 Business Report
Note: A figure in brackets ( ) indicates a loss