GS Yuasa International Ltd.
-In Apr. 2004, leading battery suppliers, Japan Storage Battery Co., Ltd. and Yuasa Corporation merged to establish a holding company. Actual operations are handled by each subsidiary.
-GS Yuasa Corporation reorganized the Group's operating structure in April 2010. Besides consolidating management and R&D functions, as well as the Group's affiliated companies, the Company reorganized its operations under a more centralized corporate structure, adopting the name GS Yuasa. The current organization includes a new business division engaged in lithium-ion batteries. As a result, GS Yuasa operates in the following five business divisions. As part of its structural reorganization, the Company transferred its lighting and membrane system business to its Domestic Industrial Batteries and Power Supplies Division, effective FY ended March 2015.
- Domestic Automotive Batteries
- Domestic Industrial Batteries and Power Supplies
- Overseas Operations
- Lithium-Ion Batteries
-A leading battery supplier. It is the world's third largest automotive battery supplier, having a 7% share of the market. In Asia, it is the largest automotive battery supplier with a 17% share of the market. (According to the Company's survey as of 2014)
-The Company’s financial results for the fiscal year that ended in March 2017 are as follows.
Consolidated sales: JPY 360 billion (1.6% decrease year-over-year)
Operating income: JPY 23.2 billion (5.5% increase year-over-year)
Ordinary income: JPY 22.5 billion (5.3% increase year-over-year)
Current net profit attributable to the parent-company’s shareholders: JPY 12.2 billion
(35.4% increase year-over-year).
Recent Business Developments
-In June 2017, the Company announced that it will construct a new production plant in Turkey to manufacture automotive lead storage batteries. The new plant is scheduled to start operating around the end of 2018.
-In January 2017, the Company announced that it will build a new production plant in Tianjin, China to manufacture lead storage batteries. The new plant is scheduled to start operating around the summer of 2018.
-In October 2016, the Company announced that it would take over Panasonic Storage Battery Co., Ltd. (Panasonic’s lead-storage-battery business) and turn it into a consolidated subsidiary. The company will be renamed GS Yuasa Energy Co., Ltd.
-In March 2016, the Company announced that it is delivering a proprietary automotive lead storage battery, which is compliant with the European Norm (EN) standard, to the fourth-generation Toyota Prius.
Fourth Mid-term Management Plan
<Financial Targets for the Fiscal Year Ending in March 2018>
- Consolidated sales: JPY 400 billion or more
- Consolidated operating income: JPY 24.0 billion or more
- Profit margin: 6% or more
|-Listed on the first section of the Tokyo Stock Exchange||(As of Mar. 31, 2017)|
|Name or Company Name||Investment Ratio (%)|
|The Master Trust Bank of Japan, Ltd. (Trust Account)||7.83|
|Japan Trustee Services Bank, Ltd. (Trust Account)||6.39|
|Meiji Yasuda Life Insurance Company||3.38|
|Toyota Motor Corp.||2.70|
|The Bank of Tokyo-Mitsubishi UFJ, Ltd.||2.25|
|Nihon Life Insurance Company||2.16|
|Bank of Kyoto, Ltd.||1.87|
|Sumitomo Mitsui Trust Bank, Ltd.||1.77|
|Sumitomo Mitsui Banking Corporation||1.71|
|Japan Trustee Services Bank, Ltd. (Trust Account 5)||1.71|
Lead storage batteries
-Batteries for passenger cars
-Batteries for commercial cars
-Chargers for automobile batteries
-Batteries and chargers for electric vehicles
Batteries for HEV and EV
-Lithium-ion batteries for hybrid electric vehicles
-Lithium-ion batteries for electric vehicles
-Rapid charger for electric vehicles
|Apr. 2004||Japan Storage Battery Co., Ltd. and Yuasa Corporation transferred their shares, established a holding company and became fully-owned subsidiaries of the holding company. The holding company's ordinary shares were listed on the first section of the Tokyo Stock Exchange and the first section of the Osaka Stock Exchange.|
|Jun. 2004||The two companies demergered themselves and established GS Yuasa Manufacturing Ltd., GS Yuasa Battery Ltd., GS Yuasa Power Supply Ltd., GS Yuasa Technology Ltd., GS Yuasa Power Electronics Ltd., GS Yuasa International Ltd., GS Yuasa Business Support Ltd., GS Yuasa Information Ltd. and GS Yuasa Accounting Service Ltd., reorganizing their operations.|
|Oct. 2004||Japan Storage Battery Co., Ltd. spun off its lighting segment into GS Yuasa Lighting Ltd.|
|Jan. 2006||GS Yuasa Manufacturing Ltd., GS Yuasa Power Supply Ltd., and GS Yuasa Industry Ltd. were merged, and the new company name was started as "GS Yuasa Power Supply Ltd."|
|Jan. 2007||GS Yuasa Power Supply Ltd.; GS Yuasa Manufacturing Ltd.: and GS Yuasa Industry Ltd. were consolidated and renamed as a new company, GS Yuasa Power Supply Ltd.|
|Mar. 2007||GS Yuasa International Ltd. and GS Yuasa Development Ltd. were consolidated and renamed as a new company, GS Yuasa International Ltd.|
|Dec. 2007||Established Lithium Energy Japan jointly with Mitsubishi Corporation; and Mitsubishi Motors Corporation.|
July and Aug. 2009
|Increased 33,021 million yen in capital through a public stock offering, allocating the new stock to third parties.|
|Apr. 2010||Transferred part of the Company's operations to GS Yuasa Power Supply Ltd.|
|Merged GS Yuasa Power Supply Ltd.; GS Yuasa International Ltd.; and GS Yuasa Business Support Ltd. In addition, GS Yuasa Power Supply remained as a stand-alone company, but it was renamed GS Yuasa.|
|Dec. 2010||Further invested in PT. Trimitra Baterai Prakasa, an affiliate company; as a result of increasing the shareholding ratio, the company became a non-consolidated company accounted for under the equity method.|
|Mar. 2012||Established the first factory building of Lithium Energy Japan in Ritto City in Shiga Pref. and commenced production.|
|May 2013||Acquired an additional stake in Thai affiliate Siam GS Battery Co., Ltd., making it a subsidiary.|
|Oct. 2015||Inci GS Yuasa Aku Sanayi ve Ticaret Anonim Sirketi established in Turkey jointly with Inci Holding A.S|
|Oct. 2016||Completed the transfer of Panasonic Corporation's lead-acid battery business and was renamed GS Yuasa Energy Co., Ltd.|
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.)