DY Corporation
(Formerly Dongyang Mechatronics Corp.)
Company Profile
Business Overview
-In December 2014, as the result of a corporate reorganization, the original company (Dongyang Mechatronics Corp.) changed its business structure to a holding company, adopting DY Corporation as its new name and establishing DY Auto Corporation and DY Power Corporation.
-The Company engages in three business segments: automotive parts, hydraulic equipment, and industrial machinery. The following outlines some of the details.
| Company name | Business Segment | Products/Services |
| DY Corporation | Holding company | Serves as holding company and provides consulting services |
| DY Innocate | Industrial equipment | Manufacture of concrete pump trucks, cranes, golf carts |
| Manufacture of general machinery, construction equipment, specialized vehicles | ||
| DY Auto Corporation | Automotive parts | Manufacture and sale of electrical parts, including wiper blades, cooling fan motors, and sunroof motors |
| DY Power Corporation | Hydraulic equipment | Manufacture and sale of hydraulic equipment |
Shareholders
(As of Dec. 31, 2022)
| Major Shareholders | Investment Ratio (%) |
| Cho, Byung-Ho | 36.90 |
Products
Wiper System
-Front Wiper System
-Front Wiper Arm & Blade
-Rear Wiper Arm & Blade
-Front Wiper Motor
-Rear Wiper Motor
-Rear Wiper System
-Washer System
-Fan Motor Shroud Assembly
Cooling Fan Motor
-Brush Motor
-Brushless Motor
Electric Power Steering Motor
-EPS Brush Motor
-EPS Brushless Motor
Sun Roof Motor
-NTM-01 Motor
Steering Column Motor
-Column Motor (Tilt type)
-Column Motor (PARALLEL type)
Power Window Motor
-NTA-05 Standard Motor
-NTA-05 Anti-pinch Motor
History
| Oct. 1978 | Dongyang Hydraulics Co., Ltd. was established. |
| Sep. 1986 | The Company opened Incheon plant. |
| Aug. 1988 | The Company adopted a new company name, Dongyang Mechatronics Corporation. |
| May 1989 | The Company was listed on the Korea Stock Exchange. |
| Mar. 1991 | The Company moved its headquarters from Changwon to Incheon. |
| Mar. 1995 | The Company established Dongyang Inalfa (currently Inalfa Korea) jointly with Inalfa of the Netherlands. |
| Aug. 1996 | The Company acquired ISO9001 certification. |
| Nov. 1997 | The Company acquired QS9000 certification. |
| Jul. 2001 | The Company started supplying rear wiper motors to Volkswagen. |
| Sep. 2001 | The Company established Dongyang Mechatronics Yantai Co., Ltd. in Shandong Province, China. |
| Dec. 2001 | The Company acquired ISO14001 certification. |
| Jul. 2002 | The Company established Dongyang America Inc. in Michigan, USA. |
| Nov. 2002 | The Company became a supplier of front window wiper systems to General Motors. |
| Jun. 2003 | The Company was honored by General Motors as a 2002 Supplier of The Year. |
| Oct. 2003 | The Company established Yantai Dongyang Mechatronics A.P. Co., Ltd. in China. |
| Dec. 2003 | The Company acquired ISO/TS16949 certification. |
| Mar. 2004 | The Company started supplying front wiper system to DaimlerChrysler. |
| Apr. 2004 | The Company was honored by General Motors as a 2003 Supplier of the Year. |
| Dec. 2004 | The Company was transferred the shares it held in Dongyang Inalfa to Inalfa of the Netherlands. |
| Feb. 2005 | The Company started supplying front wiper systems to Opel and Saab. |
| Jul. 2005 | The Company started supplying window lift motors to Ford. |
| Sep. 2005 | The Company established Dongyang Mechatronics Japan Co., Ltd. in Japan. |
| Oct. 2005 | The Company opened a business office in Germany. |
| Feb. 2006 | Dongyang Mechatronics Yantai Co., Ltd. set up an office in Shanghai, China. |
| Jul. 2007 | The Company established Dongyang Mechatronics India Pvt in India. |
| Nov. 2007 | Dongyang America Inc. established a branch office in Seattle, Washington, U.S.A. |
| Dec. 2007 | Dongyang Mechatronics Yantai Co., Ltd. integrated Yantai Dongyang Mechatronics A.P. Co., Ltd., consolidating the Group's Chinese business. |
| Feb. 2009 | Dongyang Mechatronics Yantai Co., Ltd. set up an office in Beijing, China. |
| Oct. 2010 | The Company established Dongyang Mechatronics Jiangyin Co., Ltd. in Jiangsu Province, China. |
| Nov. 2010 | Dongyang Mechatronics Yantai Co., Ltd. adopted a new corporate name, Dongyang Mechatronics China Co., Ltd. |
| May 2011 | The Company turned HST Co., Ltd., a Korea-based wiper manufacturer, into its subsidiary. |
| Sep. 2014 | The Company established Dong Yang Power India Pvt. in India. |
| Dec. 2014 | The Company adopted a holding-company structure through company split and changed its corporate name to DY Corporation. |
| Dec. 2014 | Renamed its US corporation Dongyang America Inc. to DY America Inc. |
| Dec. 2014 | Renamed its Japanese corporation Dongyang Mechatronics Japan Co., Ltd. to DY Japan Co., Ltd. |
| Dec. 2014 | Renamed its Indian corporation Dong Yang Power India Pvt. To DY Power India Pvt. |
| Feb. 2015 | DY Auto Corporation established DY Auto Mexico, S.A. DE C.V. |
| Apr. 2015 | DY Auto Corporation established Nanuri Co., Ltd. in Korea. |
| Jun. 2015 | DY Auto Corporation established Dongyang Mechatronics Yancheng Co., Ltd. in China. |
| Apr. 2019 | DY Auto Corporation acquired 43.7 percent of the shares in DY ESSYS. |
Supplemental Information 1
>>>Business Report up until FY ended Dec. 31, 2014
Note: A figure in brackets ( ) indicates a loss