Sawafuji Electric Co., Ltd.
Company Profile
■URL
http://www.sawafuji.co.jp/english/index.html
■Address
Business Overview
-An electrical products manufacturer affiliated with Hino Motors.
Financial Overview
-In FY ended March 2016, the Company generated consolidated sales of JPY 29.11 billion, which was a 2.1% decrease on a year-over-basis (y/y). The Group's operating profit was JPY 408 million (a 23.6% increase y/y), ordinary profit was JPY 4.9 million (a 5.2% decrease y/y), and net income (attributable to owners of parent company) was JPY 388 million (a 155.4% increase y/y).
Shareholders
| -Listed on the First Section of the Tokyo Stock Exchange. | (As of Mar. 31, 2016) |
| Name or Company Name | Investment Ratio (%) |
| Hino Motors, Ltd. | 30.24 |
| Denso Corp. | 9.25 |
| Honda Motor Co., Ltd. | 6.02 |
| Sumitomo Mitsui Banking Corp. | 2.78 |
| Employee stock holdings | 2.77 |
| Resona Bank, Limited | 2.31 |
| The Bank of Tokyo-Mitsubishi UFJ, Ltd. | 1.85 |
| Sumitomo Mitsui Trust Bank, Limited | 1.39 |
| Mitsui Sumitomo Insurance Co., Ltd. | 0.93 |
| Japan Trustee Services Bank, Ltd. (Trust Account) | 0.75 |
| Total | 58.28 |
Products
Starters
-Diesel engine starting motors
Alternators
-Battery charging generators
Switches/Relays/Solenoid
-Starting relays
-Block relays
-Safety relays
-Battery switches
-Emergency relays
-Speed detectors
Automotive electronic equipments
-FF shift computers
-EE drive computers
-Intake air controllers
-Electronic suspension controllers
-Easy & Smooth controllers
-Idle stop controllers
Retarders
-Retarders with built-in exciters
DC motors
History
| May 1919 | Established Sawafuji Electric Industries in Zoshigaya, Toshima-ku, Tokyo and started the business of repairing automotive electric starters and alternators. |
| Jun. 1934 | Changed the name of the Company to Sawafuji Electric Co., Ltd. with capital of 0.3 million yen and started production and sales of magnets for use in agricultural machinery and small vessels. |
| May 1936 | Moved headquarters and plant to Shimura-Nakadaimachi, Itabashi-ku, Tokyo. |
| Nov. 1936 | Submitted prototypes of automotive starters and alternators to the Japanese Army. Started manufacturing the assigned parts and selling them to a related automobile company. |
| Dec. 1945 | Reverted to civilian production, re-established plant, and resumed production of magnets for agricultural machinery and small vessels. |
| Aug. 1946 | Started manufacturing and sales of automotive starters and alternators. |
| May 1949 | Listed on the First Section of the Tokyo Stock Exchange. |
| Sep. 1976 | Transferred all factory operations to the Nitta Factory. |
| Apr. 1977 | Moved headquarter to Nerima-ku, Tokyo. |
| Jan. 1979 | Started manufacturing and sales of refrigerators for buses. |
| Jun. 1987 | Started manufacturing and sales of built-in refrigerators for passenger cars. |
| Mar. 1999 | Started manufacturing and sales of retarders. |
| Jul. 2008 | Moved its headquarters to Ota City, Gunma pref., Japan. |
| Jan. 2012 | Established Sawafuji Electric Thailand Co., Ltd. in Thailand. |
Supplemental Information 1
>>>Business report FY ended Mar. 31, 2007
>>>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
>>>Financial Forecast for the Next Fiscal Year (Sales, Operating Income etc.)