FALTEC Co., Ltd.
-In October 2007, the Company absorbed the automotive parts and accessories business of Altia Hashimoto, becoming a holding corporation that produces and sells car components.
-In April 2012, the Company became a subsidiary of TPR Co., Ltd.
-The Company conducts business in the following four segments;
- Automotive exterior parts: Parts attached on the spot along OEM production lines (two types: exterior parts; and metal or molded parts)
- Automotive accessories/supplies: Genuine products sold by automotive dealers.
- Automotive related equipment: Inspection and groundwork equipment; facilities and equipment used in producing products.
- Service industry: Job placement business.
-Sales during FY ended Mar. 2016 were JPY 84.2 billion.
-The Company is targeting sales of JPY 90.0 billion and an operating profit margin of 6% for FY ending Mar. 2018. Its strategic products include conversions, roof-rails, window moldings (No. 1 share in Japan), electric/electrical components, and millimeter-wave radar covers
*Conversion: A way of changing the exterior appearance of vehicles by quickly grasping diversified needs so as to sell automobiles that have long model-life cycles.
>>>Link to "FY17 Mid-term Management Plan" for details
|-Listed on the first section of the Tokyo Stock Exchange.||(As of Mar. 31, 2016)|
|Name||Investment Ratio (%)|
|TPR Co., Ltd.||55.51|
|Guangdong TGPM Automotive Industry Group Co., Ltd.||4.76|
|SRG Global, Inc.||4.05|
|CBNY-GOVERNMENT OF NORWAY||2.25|
|Japan Trustee Services Bank, Ltd. (Trust Account)||1.54|
|The Master Trust Bank of Japan, Ltd. (Trust Account)||1.10|
|The Nomura Trust and Banking Co., Ltd.||0.56|
-Front bumper grilles
-Center mudguard trims
-EV charge port covers
-Apron lower brackets
-Millimeter wave radar covers
-Back window moldings
-Side window moldings
-Stainless steel moldings
-Door sash moldings
-Hood top moldings
Electrical & Electronic Components
-Daytime running lamps
-Ambient lighting systems
-Stylish turn signal lamps
-"Neon Control" lighted bumper guides
-Rear view cameras
-Remote engine starters
Rubber Seal parts
-O shaped rings
-Various seal rings
|Feb. 1937||Nissan Auto Sales Co., Ltd., the predecessor of Altia Co., Ltd. was established.|
|Apr. 1939||Hashimoto Iron Works Inc., the predecessor of Hashimoto Forming Industry Co., Ltd. was established.|
|Apr. 2004||Altia Co., Ltd. and Hashimoto Forming Industry Co., Ltd. merged to form Altia Hashimoto Co., Ltd.|
|Feb. 2005||Altia Co., Ltd. and Hashimoto Forming Industry Co., Ltd. merged to form Altia Hashimoto Co., Ltd.|
|Aug. 2005||The Company moved its headquarters to Kawasaki City, Kanagawa Prefecture.|
|Oct. 2007||Altia Hashimoto Co., Ltd. absorbed Orion Techno Co., Ltd. to form Altia Co., Ltd.|
|Oct. 2007||FALTEC Co., Ltd. absorbed the automobile parts / accessories business of Altia Hashimoto and became a holding company that manufactures and sells automotive components.|
|Nov. 2007||The Company's stock was delisted from the second section of the Tokyo Stock Exchange.|
|Apr. 2012||Became a subsidiary of TPR Co., Ltd.|
|Aug. 2012||SRG Global Inc. invested in Faltec SRG Global (Thailand) Co., Ltd., acquiring 20% ownership.|
|Mar. 2013||The Company was relisted on the second section of the Tokyo Stock Exchange.|
|May 2014||Acquired the automotive and motorcycle electronic parts business from Mitsubishi Cable Industries, Ltd.|
|Dec. 2014||Designated as a stock under the first section of Tokyo Stock Exchange.|