Fuji Kiko Co., Ltd.

Company Profile




3131 Washizu Kosai-shi Shizuoka-ken, 431-0431, Japan

Business Overview

-A manufacturer of seat components, steering columns, shifters and so on. The Company is engaged in the following three businesses:

  • Steering column business: Steering columns, intermediate shafts
  • Seating business: Recliners, height adjusters, seat slides
  • Powertrain business: Automatic transmission shifters, manual transmission shifters, pulleys, drive plates, locker valves for trucks, U-volts for trucks, acceleration pedals, semi-conductor automatic testing devices, heat-resistance measuring devices.

-Capital and business alliance with Tachi-S Co., Ltd. and JTEKT Corp. of Toyota Group.

Transferred seat business to Tachi-S
-JTEKT Corporation announced that it has reached an agreement with Tachi-S Co., Ltd. and Fuji Kiko Co., Ltd. regarding transfer of Fuji Kiko's seat business to Tachi-S and the acquisition of all Fuji Kiko stock by JTEKT through a takeover bid (TOB), to which Tachi-S will apply. The transaction will help JTEKT expand its steering system business, and Tachi-S strengthen its seat business. Fuji Kiko will be delisted from the first section of the Tokyo Stock Exchange. For the seat business, Fuji Kiko will first spin off its seat division to a new company that will be called TF-Metal in the middle of May. Tachi-S will subsequently acquire a 100% stake in TF-Metal. Fuji Kiko is currently an equity method affiliate of Tachi-S, which is its second largest shareholder with a 24.4% stake. JTEKT, the largest shareholder with a 33.4% share, will launch a takeover bid for Fuji Kiko to convert it into its wholly owned subsidiary. Tachi-S plans to sell all Fuji Kiko shares it owns in the TOB, where one Fuji Kiko share will be purchased for JPY 740. JTEKT is planning to spend approximately JPY 26.1 billion in the TOB. (From an article in the Nikkan Jidosha Shimbun on May 11, 2017)


-Listed on the first section of Tokyo Stock Exchange. (As of Mar. 31, 2017)
Name or Company name Investment Ratio (%)
JTEKT Corp. 33.40
Tachi-S Co., Ltd. 24.40
BNP Paribas Securities Services Luxembourg/JASDEC/FIM/Luxembourg Funds/UCITS Assets 2.53
Japan Trustee Services Bank, Ltd. (Trust Account) 2.51
Marujyutanaka Co., Ltd 2.41
Kiyosato Chuo Auto Camp Ground Corporation 1.68
Individual Shareholder 1.47
BNY GCM Client Account JPRD AC ISG (FE-AC) 1.20
The Master Trust Bank of Japan, Ltd. (Trust Account) 1.15
Employees' ownership association 0.90
Total 71.70


Seat parts
-Recliner assemblies
-Series of round type recliners (manual, power)
-Manual slide rails
-Power slide rails

Steering columns
-Motorized tilt & telescopic steering columns
-Rake tilt & telescopic steering columns for EPS
-Rake tilt & telescopic steering columns

-Standard type manual mode A/T shifters
-Standard type straight A/T shifters

Organization drive parts
-Rolled forming idler pulleys
-2 piece drive plates


Nov. 1944 Fuji Kiko was originally established under the name Fuji Heiki Co., Ltd. (location at Washizu Factory of Fuji Textile & Spinning Co., Ltd.) with 15 million yen in initial capital to manufacture artillery shells for the Toyokawa Naval Plant.
Oct. 1945 Changed the name of company to Fuji Kiko Co., Ltd., and also changed its business to the manufacture, process, repair, and sales of machinery and equipment for the textile industry. (Gradually shifted to automotive parts to meet market demand.)
Apr. 1954 Started business with Nissan by producing automotive parts.
Mar. 1966 Listed on the Second Section of Tokyo Stock Exchange.
Nov. 1977 Constructed the Arai Plant in Hamana-gun, Shizuoka Pref., launching operations.
Jul. 1985 Establshed Kyushu Fuji Kiko Co., Ltd. as a subsidiary.
May 1986 Establshed Wakaizumi Fuji Kiko Co., Ltd. as a subsidiary.
Oct. 1986 Spun off the Sakuma Plant and Shinshiro Plant, establishing Sakuma Fuji Kiko Co., Ltd. and Higashi Mikawa Fuji Kiko Co., Ltd., respectively, as subsidiaries.
Dec. 1989 Established Douglas Autotech Corporation (U.S.A) as a joint venture with FFV Autotech AB (Sweden).
Jan. 1993 Acquired all shares of Fuji Autotech AB (Sweden) from Celsius Invest AB, making the company a subsidiary.
Mar. 1996 Established PT Autotech Indonesia (Indonesia) with PT Indomobile Investment (Indonesia) and Marubeni Automotive Sales Co., Ltd.
Sep. 1996 Listed on the First Section of the Tokyo Stock Exchange
Aug. 1999 Business and capital tie-up with Tachi-S Co., Ltd. (headquarters in Akishima City, Tokyo) 
Jul. 2000 Established a subsidiary, Fuji Kiko of USA Corporation (FKU)
Oct. 2000 Sakuma Fuji Kiko Co., Ltd. merged FA Co., Ltd. The company name became FA Co., Ltd.
May 2001 Agreed on business tie-up with Koyo Seiko Co., Ltd. (Currently JTECK Corp.) in the area of steering columns. Koyo Seiko acquired 23.71% of Fuji Kiko shares.
Oct. 2002 Established a joint-venture company Fuji Koyo Czech s.r.o. (in the Czech Republic, with Fuji Kiko holding 66.60% of shares) with Koyo Steering Europe S.A.S. (of France, a fully owned subsidiary of Koyo Seiko Co., Ltd.).
Mar. 2004 Established Fuji Autotech USA LLC (FKU holds 66.00%) jointly with FKU and Tachi-S Engineering USA Inc. (Tachi-S's fully owned subsidiary in USA).
Jul. 2004 Acquired shares in Faurecia Systems (which it then converted to Fuji Autotech France S.A.S.), which was a subsidiary of Faurecia S.A. (France) . Its home office and development/manufacturing facility is located in France (Beaulieu). Faurecia Systems became one of the Company's subsidiaries when the Company ended up acquiring 79% of the shares capital).
Jan. 2005 Established Fuji Autotech Guangzhou Co., Ltd. (China), contributing 51% of the capital.
Apr. 2005 Established Fujikiko Kurata Corporatio, contributing 80% of the capital.
Mar. 2006 The Company shifted the function of its French based subsidiary, Fuji Autotech Europe S.A.A. (referred to FAS) to its European headquarters. It will also integrate its European production facilities, aiming to expand its business activities. The following business transactions were conducted:
1. The Company transferred its equity in Fuji Koyo Czech s.r.o and Fuji Autotech France to FAE.
2. Sona Koyo Steering Systems Ltd. also transferred its equity in Fuji Autotech France to FAE.
3. FAE allocated share capital to the Company and Sona Koyo Steering Systems Ltd. in the amount equivalent to what these two companies transferred. FAE became a holding company of Fuji Koyo Czech s.r.o. and Autotech France S.A.S. (The Company owned a 84.13% share).
Aug. 2006 Established a subsidiary, Summit Fujikiko Kurata Manufacturing Co., Ltd. (Thailand), contributing 51% of the capital.
July, 2007 The Company made Guanhzhou Changfu Machinery Co., Ltd. its subsidiary. Guanhzhou Changfu Machinery Co., Ltd. was established as a wholly-owned subsidiary of  Joyu-Fuji Machinery Co., Ltd in April 2006. Joyu-Fuji Machinery Co., Ltd transferred 51% of stocks to the Company.
Mar. 2008 Absorbed its subsidiary, Wakaizumi Fuji Kiko Co., Ltd.
Apr. 2010 Established Fuji Kiko Hammerstein Automotive GmbH, contributing 51% of the capital.
Mar. 2011 Established Zhejiang Fu Chong Tai Automotive Parts Co., Ltd., contributing 51% of the capital.
Sep. 2012 Its subsidiary, Fuji Kiko of USA Corp., established Fujikiko Tachi-S Mexico, S.A. de C.V. in Mexico.
Jan. 2013 Established a subsidiary, Fujikiko Europe S.A.S., in France.
Oct. 2013 Established a subsidiary, Fujikiko Mexico, S. A. de C. V. , in Mexico.
Dec. 2013 Established a subsidiary, Fu Chong (Fuzhou) Engineering Co., Ltd., in China.
Apr. 2016 Established a technical center at Washizu Plant.

Supplemental Information 1