Sawafuji Electric Co., Ltd.

Company Profile

■URL

https://www.sawafuji.co.jp/en/home/

■Address

3, Nittahayakawa-cho, Ota-shi, Gunma-ken, 370-0344 Japan

Business Overview

-An electrical products manufacturer affiliated with Hino Motors.

Shareholders

-Listed on the Standard Market of the Tokyo Stock Exchange

(As of Mar. 31, 2024)

Name or Company Name	Investment Ratio (%)
Hino Motors, Ltd.	30.29
Denso Corporation	9.27
Honda Motor Co., Ltd.	6.03
Employee shareholding	3.56
The Master Trust Bank of Japan, Ltd. (Trust Account)	2.91
Sumitomo Mitsui Banking Corporation	2.78
MUFG Bank, Ltd.	1.85
Sumitomo Mitsui Trust Bank, Ltd.	1.39
Mitsui Sumitomo Insurance Company, Limited	0.93
Private Shareholder	0.85
Total	59.86

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Products

Starters
Alternators
HV motors
Battery packs
Battery packs for heavy-duty HV trucks
Transfer controller ECUs
AMT-ECUs
Body-control ECUs
HV-ECUs
Battery switches
Starting relays
Safety relays
DC motors

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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.
May 2019	Launched the manufacture and sale of HV motors
Apr. 2022	Moved to the Standard Market of the Tokyo Stock Exchange from the First Section due to the TSE's reorganization.
May 2022	Started production and sales EV motors for small BEV trucks.