Toyoda Gosei Co., Ltd.

Company Profile

■URL

https://www.toyoda-gosei.com/

■Address

1 Haruhinagahata, Kiyosu, Aichi, 452-8564, Japan

Business Overview

-A leader in the area of rubber and plastics polymer and LED products.

-Segments among the Automotive Parts Business: (Breakdown of revenues for FY ended March 2024)

Interior and Exterior Parts: 34%
Safety System Products: 38%
Functional Parts: 17%
Weatherstrips: 11%

-Sales to the Toyota Group accounted for 65.9% of the Company's overall revenue (FY ended March 2024).

Shareholders

-Listed on the Prime Market of the Tokyo Stock Exchange and the Premier Market of the Nagoya Stock Exchange.

(As of Mar. 31, 2024)

Name or Company Name	Investment Ratio (%)
Toyota Motor Corp.	43.65
The Master Trust Bank of Japan, Ltd. (Trust Account)	8.34
Custody Bank of Japan, Ltd. (Trust Account)	6.56
Sumitomo Mitsui Banking Corp.	3.31
Toyota Gosei Employee Stock Purchase Plan	1.41
Nippon Life Insurance Company	1.25
BNYM AS AGT/CLTS 10 PERCENT (Standing proxy: MUFG Bank, Ltd.)	1.12
Dai-ichi Mutual Life Insurance Co. (Standing proxy: Custody Bank of Japan, Ltd.)	1.08
DAIE INDUSTRY Co.,Ltd.	0.81
JUNIPER (Standing proxy: MUFG Bank, Ltd.)	0.78
Total	68.35

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Products

Interior & Exterior parts
Interior Parts
-Instrument panels
-Console boxes (double door)
-Center clusters
-Registers
-Air conditioner register with LED lighting
-Defroster nozzles
-Cup holders
-Glove compartments
-Lighting illumination scuff plates (LED)
-Assist grips
-Front pillar garnishes
-Light source modules for spot lamp
-LED lamp modules for inside handle
-LED lamp units
-LED driver alert lighting system
-Compact wireless charging holder
-LED graphic lighting
-Ornamental panels
-Console uppers
-LED cabin lights

Exterior Parts
-Radiator grilles
-Emblems compatible with millimeter-wave radar systems
-Back door garnishes
-Grille illumination
-LED for Head lamp
-Rear spoiler
‐Illuminated emblems
-Luminescent millimeter wave compatible emblems

Safety systems
SRS Airbags
-Driver-side airbags
-Passenger-side airbags
-Curtain SRS airbags
-Knee airbags
-Seat cushion airbags
-Side airbags
-RR seat console airbags
-Rear-end impact airbags

Steering Wheels

Pop-up hood actuators

Pedestrian protection airbags

Weatherstrips
-Opening trim weatherstrips
-Door glass runs
-Door weatherstrips
-Outer weatherstrips
-Luggage weatherstrips

Function parts
Fuel tank module & Components
‐Plastic Fuel filler pipes
-Fuel filler lids
-Fuel filler caps
-Capless device
-Fuel hoses & tubes
-Cutoff valves
-Fill limit vent valves
-Inlet check valves
-High pressure hydrogen tanks

Engine Peripheral parts
-Plastic Turbo ducts
-Radiator hose
-Noise absorbing air intake ducts
-Air cleaner hose and resonators
-Engine covers
-Water pipes

Chassis and Drive train parts
-Battery cases
-Brake hoses
-Constant velocity joint boots
‐Oil pumps

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History

Jun. 1949	Established as Nagoya Rubber Co., the second company spun off from Kokka Koygyo Co., Ltd., and consisting of the Nagoya and Okazaki plants. Establishment was the result of the Corporate Reconstruction Law.
Mar. 1952	Shut down the Okazaki Plant and merged it with the Nagoya Plant.
May 1957	Established the Kasuga Plant in Aichi Prefecture.
Aug. 1973	Changed Company name to Toyoda Gosei Co., Ltd.
Dec. 1978	Listed on the Second Section of the Nagoya Stock Exchange.
Jan. 1980	Moved headquarters to current location in Aichi Prefecture.
Oct. 1983	Listed on the First Section of the Nagoya Stock Exchange.
Mar. 1986	Established Technical Center in its current location in Inazawa City.
Apr. 1986	Established TG Inc. (currently a consolidated subsidiary). In July 1999, the company changed its name to TG Missouri Corporation).
1997	Obtained ISO 9001 certification for brake hoses.
1999	All plants ISO 14001 certified.
Mar. 1999	Listed on the First Section of the Tokyo Stock Exchange.
Aug. 1996	Established a local corporation in the USA, California Automotive Sealing Inc.
Jan. 1997	Established a local corporation in Australia, Bridgestone TG Australia Inc.
May, 1997	Founded Technical Center (a research and testing facility) in Kitajima-cho, Inazawa City
Nov. 1997	Established a local corporation in the USA, TG Kentucky Inc. (currently a consolidated subsidiary)
Sep. 1998	Established a local corporation in India, Kiluroska Automotive Inc.
Apr. 1999	Established a local corporation in England, England Toyota Gosei Inc.
Apr. 1999	Established a local corporation in the USA, TG North America (currently a consolidated subsidiary) and consolidated 3 affiliates in North America (TG Missouri, TG Kentucky, TG Technical Center Inc.)
Jan. 2000	Moved production lines and shut down the Nagoya Plant
Feb. 2000	Established a local corporation in England, TG Fluid System UK Inc.
Feb. 2000	Established a local corporation in the USA, TG Fluid System, USA Inc.
Mar. 2000	Acquired a fuel tank and fuel hose company in England from Eagle Pitcher (Ohio, USA) for approx. 2.1 billion yen and made them into 100% subsidiaries. With the first overseas expansion in the fuel hose segment, the Company's market share grew from 6% to 9% making it the No. 2 group. Also, enabled module production of fuel supply systems.
Apr. 2000	Established a local corporation in Thailand, Toyota Gosei Rubber Thailand to manufacture and sell automotive rubber functional components and sealing components with capital of 1.2 billion yen (70% invested by Toyota Gosei, 30% by Ponpara Codan Rubber (PCR).
Aug. 2000	Established a new plant, TG Opsead Co., Ltd. in Hikisa-gun, Shizuoka with capital of 60 million yen (60% invested by Toyota Gosei and 40% by Koha Co., Ltd.)
Sep. 2000	Established a new company, TG Mint, in Ontario, Canada. Capital of 1.5 billion yen was all invested by the North American holding company. The 6th production facility in North America and 22nd overseas. In December 2001 started manufacturing console boxes, dash panels, and instrument panel components.
Nov. 2000	Established a local corporation, TG Europe, in Belgium.
Nov. 2000	Invested in Tianjin Starlight Rubber and Plastic Co., Ltd. in China, a grandchild company of Kinugawa Rubber Industrial (42% invested by Kinugawa, 40% by Toyota Gosei and 18% by Tianjin). Produces body, and door glass rubber seals
Jan. 2001	Conducted a reorganization targeted at fully developing an independent division system. To clarify each operation's business line, renamed Weather-strip Operations as Body Sealing Operations and Airbag Steering Wheel Operations as Safety System Operations. Established Intellectual Property Operations to reinforce patents.
Jan. 2001	Merged TG North America and TG Technical Center on Jan. 1, 2001 (continued operations as TG North America) (currently a consolidated subsidiary)
Mar. 2001	Established jointly with Toyota Tsusho, TG Safety Systems Czech, a manufacturer of automotive steering wheels and airbags to support Toyota's strengthening of its Europe strategy (80% by Toyota Gosei and 20% by Toyota Tsusho)
Apr. 2001	Invested in Diesel Safety Systems America in Kentucky, USA (66% invested by Diesel and 34% by Toyota Gosei). From July 2002, the Company will produce 80% or more of the inflator components for North America in the USA and import only a portion from Japan. The first overseas production of inflators by Diesel.
Apr. 2001	Conducted the opening ceremony for a manufacturing subsidiary in England, England Toyota Gosei. Manufactures automotive sealing products and supplies to Toyota's plant in France.
Jul. 2001	Advanced into the American market with Horie Kinzoku Kogyo to manufacture plastic fuel tanks. Planning to establish a local joint venture to start production of plastic fuel tanks in 2004 for NUMMI, a Toyota/GM joint venture.
Jul. 2001	Received a high-volume order for weatherstrips for the next Ford F-150, of one of Ford's main models, thereby starting the Company's first full-fledged transaction with Ford. Manufactures and supplies from Waterville TG in Canada. Planning to increase this plant's capacity. Aiming to surpass BTR and achieve a No. 1 share in 4 items: weatherstrips, airbags, steering wheels, and brake hoses.
Feb. 2002	The Company established FTS Co., Ltd. in Inazawa City. The Company signed a transfer of sales agreement with Toyo Tire & Rubber Co., whereby the Company took over the airbag business from Toyo Tire & Rubber, and Toyoda Gosei's vibration- absorbing rubber business of was transferred to Toyo Tire & Rubber.
Jan. 2003	Established P.T.Toyoda Gosei Safety Systems Indonesia in Indonesia.
Mar. 2003	Injected capital in Tapex Mexicana, SA de CV of Mexico.
Apr. 2003	Established Toyoda Gosei Opto-Electronics (Shanghai) Co., Ltd in China.
Jul. 2003	Established TGR Technical Center LLC (currently a consolidated subsidiary) in the US.
Oct. 2003	Established Toyoda Gosei (Zhangjiagang) Co., Ltd. in China.
Nov. 2003	Established Toyoda Gosei (Zhangjiagang) Plastic Parts Co., Ltd. in China.
Feb. 2004	Established Toyoda Gosei (Foshan) Rubber Parts Co., Ltd. in China. Established P.T. Inoac TG Indonesia in Indonesia.
Sep. 2004	Established Toyoda Gosei Haiphong Co., Ltd. in Vietnam. Established Toyoda Gosei (Tianjin) Precise Plastic Co., Ltd. in China.
Oct. 2004	Established Toyoda Gosei (Foshan) Auto Parts Co., Ltd. in China.
Jan. 2005	Established Toyoda Gosei Texas, LLC (currently a consolidated subsidiary) in the US.
May, 2005	Established Taiwan Toyoda Gosei Opto Co., Ltd. in Taiwan.
Jun. 2005	Established LEXEDIS Lighting GmbH in Austria.
Sep. 2005	Opened Kita Kyushu Plant in Kita Kyushu City, Fukuoka Prefecture
Dec. 2005	Established Toyoda Gosei South Africa (Pty) Ltd. in South Africa.
Jan. 2006	Established Toyoda Gosei (Shanghai) Co., Ltd. in China.
Oct. 2006	Established Iwate Mizusawa plant in Oshu City, Iwate Prefecture.
Dec. 2006	Established the Kanagawa plant in Isehara City, Kanagawa Prefecture.
Apr. 2007	Established the Seto plant in Seto City, Aichi Prefecture.
Jan. 2008	Absorbed Toyoda Gosei Kyushu Co., Ltd.; and established the Saga and Fukuoka plants.
Apr. 2008	Established Toyoda Gosei Automotive Sealing Mexico S.A. de C.V. in Mexico; and Toyoda Gosei India Pvt. Ltd. in India. These two companies are currently consolidated subsidiaries.
Mar. 2009	Constructed Miwa Technical Center in Miwa-cho, Ama-gun (currently Ama City), Aichi Prefecture, Japan.
Aug. 2010	Established Miyoshi Distribution Center
Nov. 2010	Established TE Opto Corporation
Oct. 2011	Established Toyoda Gosei Opto-Electronics Korea Co., Ltd. in Korea.
Oct. 2012	Established Toyoda Gosei Brownsville Texas LLC in the USA.
Dec. 2012	Established TS Opt Co., Ltd.; in Chiba Pref., Japan.
Jan. 2013	Established TG East Japan Co., Ltd.; in Miyagi Pref., Japan.
Mar. 2013	Established GDBR Industria e Comercio de Componentes Quimicos e de Borracha Ltda. in Brazil.
Jul. 2013	Established Toyoda Gosei Rubber Mexico, S.A. DE C.V. in Mexico.
Apr. 2014	Acquired Meteor Gummiwerke K.H. Baedje GmbH & Co. KG. Established Toyoda Gosei Meteor GmbH (currently a consolidated company) in Germany, and formed both Meteor Sealing Systems. LLC (currently a consolidated company) and LMI Custom Mixing L.L.C. (currently an equity affiliate) in the U.S. out of the assets of Meteor.
Aug. 2014	Established Toyoda Gosei Irapuato Mexico, S.A. de C.V. (currently consolidated subsidiary) in Mexico.
Nov. 2014	Established Minda TG Rubber Pvt. Ltd. (currently consolidated subsidiary) in India.
Aug. 2015	Purchased a 30% stake in Pecval Industria Ltda. (currently an equity affiliate) in Brazil.
Apr. 2018	Toyoda Gosei (Zhangjiagang) Co., Ltd. acquired and absorbed the operations of Toyoda Gosei (Zhangjiagang) Plastic Parts Co., Ltd.
Nov. 2018	Established Toyota Gosei Kyushu Co., Ltd. in Miyawaka, Fukuoka Prefecture.
Jan. 2019	Established Hubei Toyoda Gosei Zheng Ao Rubber & Plastics Sealing Science and Technology Co.,in China.
Apr. 2019	Transferred the operations of the Fukuoka Plant, Saga Plant, and Kita-Kyushu Plant to Toyota Gosei Kyushu Co., Ltd.
Dec.2019	Sold all equity shareholdings in Toyoda Gosei Meteor GmbH based in Germany
Nov.2020	Opened Inabe Plant in Mie Prefecture
Aug. 2021	Closed Kanagawa Plant
Apr. 2022	Moved from the First Section to the Prime Market of the Tokyo Stock Exchange. Moved from the First Section to the Premier Market of the Nagoya Stock Exchange.
Sep. 2022	Established Yibin Toyoda Gosei (Wuhan) Auto Parts Co.,Ltd.
Nov. 2023	Acquired additional stock shares in Ashimori, turning it into a subsidiary accounted for under the equity-method of accounting.
Dec. 2023	Transferred all its shareholdings in Toyoda Gosei Interior Manufacturing, which as a result was removed as a consolidated subsidiary