Taiho Kogyo Co., Ltd
-The Company is a major manufacturer and supplier of automotive bearings.
-The Company's businesses are classified in two categories; automotive component business and automotive manufacturing facility business.
-Main product lines include metal-bush and such other bearings; die-cast products, gaskets and system products.
Recent Business Developments:
-In the fiscal year that ended in March 2016, the Company’s sales were JPY 107.3 billion, a 9.2% y/y increase. The Company forecasts that sales in the fiscal year that ended in March 2017 will be JPY 109.0 billion, a 1.6% increases y/y.
-Sales of bearings account for 42% of companywide sales. They totaled JPY 44.6 billion in the fiscal year that ended in March 2016 and are forecast to be JPY 45.2 billion in the fiscal year that ended in March 2017. The Company has plans to further raise its global market share by increasing sales and localizing production.
|-Listed on the first section of the Tokyo Stock Exchange and
the Nagoya Stock Exchange.
|(As of Mar. 31, 2016)|
|Name or Company Name||Investment Ratio (%)|
|Toyota Motor Corporation||33.54|
|Toyota Industry Corp.||4.94|
|NHK Spring Co., Ltd.||4.66|
|Toyota Tsusho Corp.||3.71|
|Japan Trustee Services Bank, Ltd. (Trust Account)||3.03|
|The Master Trust Bank of Japan, Ltd. (Trust Account)||2.39|
|CBNY DFA INTL SMALL CAP VALUE PORTFOLIO||1.74|
|Japan Trustee Services Bank, Ltd. (Trust Account 9)||1.08|
-Lead-free engine bearings
- Bushes and swash plates for car cooler compressors
- Floating bushes and thrust washers for turbo chargers
Aluminum die-casting products
-Sleeves for oil control valves
-Brackets for oil filter
-EGR valves; DC motor-driven type
-EGR valves; stepper motor-driven type
-Exhaust break valves; negative pressure-driven type
-Coils and core assemblies for linear solenoids
-For aluminum wheels
-For steel wheels
|Dec. 1939||Established as Nishio Precision Machine Co. in Nishio-cho, Hanzu-gun, Aichi, (currently, Nishio-shi) with capital of 180,000 yen to manufacture and sell precision instruments and precision machine equipment.|
|Jan. 1944||Relocated to Kenbo-cho, (currently, Toyota-shi).
Name changed from Nishio Precision Machine Co. to Taiho Kogyo Co., Ltd.
|Oct. 1958||Started producing aluminum die-casting products.|
|Jul. 1961||Signed a technical assistance agreement with Federal-Mogul Corp (U.S.A.).|
|Dec. 1981||Established Taiho Corporation of America (TCA) in the U.S.A. to market TAIHO products.|
|Apr. 1985||Set up Shinohara Plant which processes precision machines.|
|Oct. 1996||Started operation of the U.S. affiliate, Taiho Corporation of America. (currently, a consolidated company).|
|Sep. 1997||QS9000 certified, which was needed to do business with the Big Three.|
|Aug. 1998||Started the construction of its main technical center.|
|Aug. 1998||Established a local joint venture (currently, a consolidated subsidiary), Taiho Nusantara Co., in Indonesia with Mitsui & Co., Ltd.|
|Jan. 1999||Established Taiho Dusseldorf Liaison Office (TDL) in Germany.|
|Mar. 1999||Listed on the Second Section of the Nagoya Stock Exchange|
|Jul. 1999||Established a subsidiary, TET Co., Ltd. (currently, a consolidated subsidiary).|
|Jan. 2000||Started manufacturing engine metals at Taiho Nusantara, Indonesia the second overseas production site. Will supply Toyota Indonesia and then Isuzu.|
|Mar. 2000||Taiho Corporation of America (TCA) plans to build a new plant in Brazil to start manufacturing compressors for automobile air conditioners mainly for Delphi Automotive Systems, U.S.|
|Apr. 2000||Established a 500-million yen joint venture, Taiho Corporation of Europe, in Hungary with Toyota Tsusho Corp. (90% Taiho, 10% Toyoda).
Started manufacturing compressors for automobiles and supplying to GM, U.S.A. through Delphi Automotive Systems, U.S.
Also supplies parts to Toyota Industries Corporation, Denso, TD Deutsche Kliman Compressor in Germany and Visteon, a parts manufacturer in the Ford Motors group.
|Oct. 2000||Planning to set up a second plant in the US by November to produce engine metals and metal head gaskets in January 2001, and aluminum die-casting by June 2001.|
|Mar. 2000||Listed on the Second Section of the Tokyo Stock Exchange|
|Mar. 2001||Listed on the First Section of the Tokyo and Nagoya Stock Exchanges|
|Mar. 2001||Established Okazaki plant in Okazaki City, Aichi Pref.|
|Jun. 2001||Through a joint venture between companies such as Mitsui & Co. Ltd., established a Korea-based subsidiary, Taiho Corporation of Korea, into a consolidated subsidiary.|
|Apr. 2002||Founded Taiho Techno Service Corporation (TTS)|
|Sep. 2002||TF Global Gasket, LLC (TFGG) established in U.S.A., as a joint venture between TCA and Federal-Mogul Corporation|
|Oct. 2002||All the equity transactions have been completed to Taiho from Yantai Chunsang, a slide bearing company in China|
|Dec. 2002||Established Taiho Kogyo Corporation of Yantai as a wholly owned subsidiary.|
|Apr. 2003||Gained a 38% ownership in Yamate Industrial Co., Ltd. by injecting capital.|
|Apr. 2003||Constructed Kokai Plant 2.|
|Jul. 2003||Taiho Kogyo Corporation of Yantai absorbed Yantai Chunsheng Sliding Bearing Co., Ltd.|
|Oct. 2003||Jointly established Taiho Thailand Co., Ltd. with a local enterprise. (The Company owns 49% of the equity.)|
|Nov. 2003||Acquired a 38.9% ownership in Nippon Gasket Co., Ltd. (In March 2004, the Company acquired additional shares and now holds 39.6% of the equity.)|
|Jun. 2004||The Company's consolidated subsidiary Taiho Seiki Co., Ltd. established Tianjin Taiho Seiki Automobile Equipment Co., Ltd. in China as a subsidiary.|
|Aug. 2004||Established Taiho Parts Center, a consolidated subsidiary.|
|Oct. 2004||The Company's consolidated subsidiary, Taiho Seiki Co., Ltd., acquired a parcel of land in the Toyota Hanamoto Industrial estate located in Toyota City, where it constructed a plant.|
|May 2005||Established Taiho Gifu Co., Ltd. , as a subsidiary company.|
|Oct. 2005||Turned Nippon Gasket Co., Ltd. into a wholly owned subsidiary company through a transaction involving the exchange of stock shares.|
|Jul. 2006||Adopted a resolution to dissolve TF Global Gaskets LLC.|
|Feb. 2007||Established Taiho Manufacturing of Tennessee LLC as its subsidiary.|
|Jul. 2012||Acquiring 100% shares in Hengye Bearing Materials Co., Ltd (Changzhou), making it its wholly-owned subsidiary.|
|Oct. 2013||Further invested in Taiho Corporation of Thailand, increasing its shareholding to 74.0%.|
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
Archives of Past Exhibits
Note: A figure in brackets ( ) indicates a loss