Toyoda Gosei Co., Ltd.

Company Profile

■URL

http://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. The Company conducts its business in two major segments: automotive products; and optoelectronics.

-Segments among the Automotive Parts Business: (Breakdown of revenues for FY ended March 2017)

  • Interior and Exterior Parts: 36.1%
  • Safety System Products: 28.0%
  • Weatherstrips: 17.8%
  • Functional Parts: 15.6%

-Sales to the Toyota Group accounted for 66.5% of the Company's overall revenue (FY ended March 2017).

Shareholders

-Listed on the first section of the Tokyo Stock Exchange and the Nagoya Stock Exchange. (As of Mar. 31, 2017)
Name or Company Name Investment Ratio (%)
Toyota Motor Corp. 42.65
The Master Trust Bank of Japan, Ltd. (Trust Account) 4.75
Sumitomo Mitsui Banking Corp. 3.88
Japan Trustee Services Bank Ltd. (Trust Account) 3.27
Nippon Life Insurance Company 1.22
Dai-ichi Mutual Life Insurance Co. 1.18
Cbny-Government of Norway 1.05
Japan Trustee Services Bank Ltd. (Trust Account 9) 1.02
Japan Trustee Services Bank Ltd. (Trust Account 5) 0.91
Northern Trust Co. (AVFC) RE-HSD00 0.89
Total 60.86

Products

Interior & Exterior parts
Interior Parts
-Instrument panels
-Console boxes (double door)
-Center clusters
-Registers
-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

Exterior Parts
-Radiator grilles
-Emblems compatible with millimeter-wave radar systems
-Back door garnishes
-Mudguards
-Wheel covers
-Grille illumination

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


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

Function parts
Fuel tank module & Components
-Fuel filler pipes
-Fuel filler lids
-Fuel filler caps
-Capless device
-Fuel hoses & tubes
-Roll-over valves
-Fill limit vent valves
-Inlet check valves

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

Chassis and Drive train parts
-Brake hoses
-Constant velocity joint boots

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.

Supplemental Information 1