Kasai Kogyo Co., Ltd.

Company Profile

■URL

http://www.kasai.co.jp/en/

■Address

3316 Miyayama, Samukawa-machi, Koza-gun, Kanagawa Pref. 253-0106, Japan

Business Overview

-A manufacturer producing a wide range of interior components for automobiles. Conducts planning, development, and production of door trims, roof trims, and other interior trim systems.

-The Company sells mainly to the Honda and Nissan groups. In the fiscal year that ended in March 2024, these two Groups accounted for 72.4% of sales.

Shareholders

-Listed on the Standard Market of the Tokyo Stock Exchange

(As of March 31, 2024)

Name or Company Name	Investment Ratio (%)
Nagase & Co., Ltd.	13.91
Resona Bank, Ltd.	4.69
Kasai Kogyo Client Shareholding Association	3.51
The Bank of Yokohama, Ltd. (Standing proxy: Custody Bank of Japan, Ltd.)	3.28
The Master Trust Bank of Japan (Trust Account)	2.72
SIX SIS LTD. (Standing proxy: MUFG Bank, Ltd.)	2.43
Mizuho Bank, Ltd. (Standing proxy: Custody Bank of Japan, Ltd.)	2.37
Sompo Japan Insurance Inc.	2.24
Mitsubishi UFJ Trust and Banking (Standing proxy: The Master Trust Bank of Japan, Ltd.)	1.80
The Tokyo Tanshi Co., Ltd.	1.49
Total	38.48

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Products

Cabin trims
-Door trims
-Headlinings
-Sunvisors
-Rear parcel shelves
-Map lamps
-Body side trims

Luggage trims
-Luggage side trims
-Tono cover / Tono boards
-Trunk trims
-Floor boards
-Luggage floor underboxes

Noise insulation parts
-Dash insulators
-Hood insulators

Other body parts
-Engine undercovers
-Fender covers

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History

Jan. 1912	Established a fabric plant in Hachioji City
Jan. 1933	Established Kasai & Co.
Oct. 1946	Reorganized Kasai & Co. as Kasai Kogyo Co., Ltd.
Aug. 1949	Established Ryogoku Plant and started production of wooden door products.
Aug. 1956	Established Shinagawa Plant in Shinagawa-ku, Tokyo and moved Ryogoku Plant to Shinagawa.
Dec. 1961	Established Oihama Plant in Yokosuka-city, Kanagawa.
July 1964	Listed on the Second Section of the Tokyo Stock Exchange.
Apr. 1997	Established Kasai Engineering
May 1997	Established Kasai Mexicana in Leon, Mexico (currently a consolidated subsidiary).
Nov. 1998	Invested in YSM Co., Ltd.
Feb. 1999	Invested in Koto Plastic Kogyo Co., Ltd. (currently KPK Co., Ltd)
Sep. 1999	Shut down the Ashikaga Plant.
Nov. 1999	Established a second plant associated with M-Tex, Inc. in Ohio, USA
Oct. 2000	Established Kasai Support System Co., Ltd. based on a merger between Kasai Logistics, Kasai Service and Kasai Engineering.
Mar. 2001	Kasai Support System Co. Ltd. acquired by APM Co. Ltd.
Mar. 2001	Closed Kasai Hong Kong.
June 2001	Invested 5.2 billion yen to double the production capacity of interior parts of the Ohio plant (USA) from 0.6 in 2001 to 1.2 million units in 2002. Added production was for Honda, Ford and AAAI (Honda/Ford joint venture), Isuzu (SIA). All new transactions except for Honda.
June 2001	Outsourced a portion of design work to meet the increased development of new models. Succeeded in sales promotions to Nissan, Honda, Ford and Isuzu. Will increase the number of out-sourced engineers to almost 100 in order to overcome cost reduction requests from automakers who will be extremely busy developing parts to be installed in new vehicles, from 2002 onwards.
Nov. 2001	Established M-TEK Mississippi, Inc. in North America
Jun. 2004	Capital investment in Guangzhou Kasai Automotive Interior Trim Parts Co., Ltd. of China. Previous Guangzhou Yuhsin Automotive Trim Co., Ltd.)
Dec. 2004	Established Dongwon Kasai Technology Co., Ltd. in Seoul, Korea (currently a consolidated subsidiary).
Apr. 2005	Established Kasai-TEC Co., Ltd. (currently a consolidated subsidiary).
Jun. 2005	Established Iwatekasai Co., Ltd. in Iwate, Japan (currently a consolidated subsidiary).
Jul. 2005	Established Neotec Co., Ltd. in Fujisama-city, Kanagawa, Japna.
Dec. 2005	Opened the 3rd plant of M-TEK Inc. in Alabama, U.S.A.
Mar. 2006	Established Kasai Seagull Tech India Private Ltd. in Chennai, India.
Mar. 2007	The Company's stock was listed on the first section of the Tokyo Stock Exchange.
Mar. 2007	Established Kasai Teck See Co.,Ltd. in Ayutthaya, Thailand.
May. 2007	Established Kasai Techno Co., Ltd. in Samukawa Machi, Koza-Gun, Kanagawa Prefecture.
Jul. 2007	Constructed the Shiga Plant of Mie Kasai Co., Ltd. in Higashi-Omi city, Shiga prefecture.
Mar. 2008	Established SK Co., Ltd. in Ota City, Gunma prefecture, in collaboration with Sanwa Kogyo Co., Ltd.
Apr. 2008	Established Guangzhou S.K. Automotive Interior Co., Ltd. in Guangzhou, China, in collaboration with Sanwa Kogyo Co., Ltd.
Apr. 2009	KPK Co., Ltd and Mikuni Seisakusho Co., Ltd. are consolidated into one company and changed its name to Gunma Kasai Co., Ltd.
Jan. 2010	Divested its Kyusyu Division, establishing Kyushu Kasai Co., Ltd. (currently a consolidated subsidiary).
2012	Formed a commercial alliance with Grupo Antolin, a Spain-based supplier.
Mar. 2012	Established a joint venture company, Antolin Kasai TEL Chennai Private Ltd. with Grupo Antolin in Tamil Nadu, India.
Apr. 2012	Established Kaifeng Kasai Automotive Trim Parts Co., Ltd. in Hunan Province, in China, as a joint venture with local interior parts manufacturer.
Jul. 2012	Established Kasai Teck See (Malaysia) Sdn. Bhd. as a joint venture in Selangor, Malaysia.
Nov. 2013	Established Dongfeng Kasai (Xiangyang) Automotive Trim Systems Co., Ltd. with Dongfeng Visteon Automotive Trim Systems in Hubei, China.
Jan. 2014	Announced that the Company dissolved a commercial alliance with Grupo Antolin.
Jan. 2014	Sold part of its shares in Iwate Kasai Co., Ltd., formerly a consolidated subsidiary, to Kojima Industries Corporation. Iwate Kasai thereafter changed its corporate name to Tohoku KAT Co., Ltd.
Mar. 2014	Acquired a stake in Shinil-Mexicana S.A. de C.V. of Mexico.
Sep. 2014	The Company and Dongfeng Kasai (Dalian) Automotive Trim Systems Co., Ltd. jointly established Dongfeng Kasai (Dalian) Automotive Trim Systems Co., Ltd. in Liaoning Province, China.
Oct. 2014	Acquired all shares in Antolin Kasai TEK Chennai Private Ltd. and changed the Indian subsidiary’s name to Kasai India (Chennai) Private Ltd.
Jan. 2015	Sold all the shares it held in Wuhu Kasai Automotive Interior Trim Parts Co., Ltd.
Jun. 2015	Established Kasai Sales & Engineering France SAS in France.
Jul. 2016	Dongfeng Visteon Automotive Trim Systems Co., Ltd. located in Hubei, China and its joint venture Dongfeng Kasai (Dalian) Automotive Trim Systems Co., Ltd. established Dongfeng Kasai (Wuhan) Roof Trim Systems Co., Ltd., investing 100% of the capital (currently a consolidated subsidiary).
Aug. 2016	Relocated the headquarters function of Kasai North America, Inc. to Murfreesboro, Tennessee, U.S.
Jun. 2017	Completed a new building for technical research at its head office in Samukawa-cho, Kanagawa. 。
Sep. 2017	Established Kasai Slovakia s.r.o. in Levice, Nitra, Slovakia. (currently consolidated subisidiary)
Apr. 2019	Established Kasai (Germany) GmbH in Wolfsburg, Lower Saxony, Germany (currently a consolidated subsidiary).
Apr. 2019	Established Kasai Kogyo Morocco Sarl Au in Tanger, Free Zone, Morocco (currently a consolidated subsidiary).
Jul. 2019	Completed the Kanda Plant of Kyushu Kasai in Kanda, Miyako-gun, Fukuoka Prefecture
Dec. 2019	Established Guangdong Kawasawa Automotive Trim Parts Co., Ltd., joint venture in Guangdong Province, China.
Mar. 2020	Sold all stock shares held in Shinil-Mexicana S.A. De C.V.
Jul. 2020	Merged its consolidated subsidiary, Kasai Tech Co., Ltd., into the Company’s operations.
Oct. 2020	Samukawa Plant and Yorii Plant merged into Kyushu Kasai Kogyo that merged Mie Kasai Kogyo and Gunman Kasai Kogyo also into its operations. As a result Kyushu Kogyo adopted a new corporate name, Kasai Kogyo Japan.
Apr. 2022	From April 2022, moved from the First Section of the Tokyo Stock Exchange to the Prime Market.
Oct. 2023	Moved from the Prime Market of the Tokyo Stock Exchange to the Standard Market.