Owari Precise Products Co., Ltd.
Company Profile
■URL
■Address
3-16-85 Yada, Higashi-ku, Nagoya-shi, Aichi 461-8678, Japan
Business Overview
-Mainly manufactures and sells precision products and screws (bolts, nuts, synchronizers, etc.) for vehicles as well as airplane components.
Products
Fastener products
-Fasteners
-Bolts
-Screws
-Nuts
Synchronizer rings
Various forged products
History
| May 1906 | Established Owari Clock Co., Ltd. with 100,000 yen in capital for the purpose of producing and selling wall clocks and alarms clocks to China and Southeast Asia. |
| Oct. 1961 | Listed on the Nagoya Stock Exchange Second Section. |
| Jan. 1961 | Established Moriyama Mtg. Co., Ltd. (currently a consolidated subsidiary). |
| May 1961 | Renamed to Owari Precise Products Co., Ltd. ceased producing wall and alarm clocks to focus on the producing automotive transmissions, screws, and aircraft parts. |
| Jul. 1966 | Constructed a new hot-forging plant at the home-office plant. |
| May 1968 | Constructed a new processing plant in Owariasahi City, Aichi Prefecture. |
| Jun. 1970 | Constructed a new hot-forging plant in Owariasahi City, Aichi Prefecture. |
| Mar. 1981 | Constructed a heat-treatment plant at the home-office plant facility. |
| Feb. 1982 | Started producing shift forks, which are core components of automotive transmissions. |
| Jan. 1985 | Transferred the home office tool plant to the Asahi plant. |
| Mar. 1992 | Constructed a new plasma spraying plant at the Asahi plant. |
| May 1994 | Acquired the stock in Kounan Mtg. Co., Ltd. (which is currently a consolidated subsidiary). |
| Apr. 1995 | Constructed a new cold-forging plant at Mino Techno-Park, Mino City, Gifu Prefecture. |
| Apr. 1999 | Acquired ISO9002 certification at the home office and Mino plants. |
| Dec. 1999 | Acquired ISO9002 certification at the Asahi plant. |
| Mar. 2000 | Constructed a middle-ring plant at the Asahi plant. |
| Apr. 2002 | Established OSR, Inc. (currently a consolidated subsidiary) in Indiana, USA. |
| Oct. 2002 | ISO14001 obtained at the head office, Asahi Plant and Mino Plant. |
| Dec. 2002 | Established Owari Precision (India) Private Limited (currently a consolidated subsidiary) in Bangalore, India. |
| Sep. 2003 | Head office, Mino plant and Asahi plant were re-certified under the year 2000 version of ISO9001. |
| Jun. 2004 | Established a joint venture, Hexas Precision (Jiaxing) Co., Ltd., in Jiaxing, Zhejiang Province, China. The Company invested 10% of the capital. |
| Jan. 2005 | Refurbished the cold forging plant at the headquarters facility. |
| Nov. 2006 | Obtained TS16949, which is an international standard specifying quality requirements for automotive parts, as well as ISO9001 at its headquarters, Asahi plant, Mino plant, and Hiroshima office. |
| Mar. 2007 | Established OYT Co. Ltd. in Rayong prefecture, Thailand. The company is currently a consolidated subsidiary. |
| Sep. 2009 | Increased its stake in Asahi Tekkojo Co., Ltd. and made it a subsidiary. Asahi Tekkojo Co., Ltd. is currently a consolidated subsidiary. |
| Oct. 2012 | Merged and absorbed the operations of Asahi Steelworks into Moriyama Corporation, which became the surviving company. |
| Jan. 2013 | Added a building at the Mino Plant, establishing Mino Coating, which is located on the second floor. |
| Apr. 2016 | Established Owari Seiki Indnesia, PT in West Java, Indonesia. |
| Apr. 2020 | OSR, Inc., located in Indiana, USA, purchased land and relocated its production plant. |
| Dec. 2021 | Acquired and absorbed the operations of Mino Coating. |
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
>>>Financial Forecast for the Next Fiscal Year (Sales, Operating Income, etc.)
