Toyota Boshoku Corporation

Company Profile

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■Address

1-1 Toyoda-cho, Kariya-shi, Aichi 448-8651, Japan

Business Overview

-A Toyota Group company delivering automotive seats and interior products. It is the only manufacturer engaged in the textile sector within the Toyota Group. It delivers products mainly to the Toyota Group.

-Major product lines are as follows.

Automotive seats
Interior and exterior parts (Door trim, ceilings, floor carpets, decks, exterior parts)
Parts units (Filters, plastic parts around engine, electrified products)

-The production of seats in the fiscal year that ended in March 2024 increased on a global basis by 9.4% YoY to 8.57 million units. In Japan, a 18.9% YoY increase to 3.28 million units. The Company forecasts that production of seats in the fiscal year that ends in March 2025 will decrease 0.3% on a global basis, to 8.55 million units.

Featured report
Business Overview of Japanese Suppliers in 2024	Featured report

ReVision Connected Car & UX Summit 2022:Toyota Boshoku Presentations	Featured report

Shareholders

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

(As of Mar. 31, 2024)

Name or Company name	Investment Ratio (%)
Toyota Motor Corp.	32.45
Toyota Fudosan Co., Ltd.	10.28
The Master Trust Bank of Japan, Ltd.	8.16
Custody Bank of Japan, Ltd.	4.64
Toyota Industries Corporation	4.34
NHK Spring Co., Ltd.	4.04
Employees Stockholding	1.89
BNYM AS AGT/CLTS 10 PERCENT (permanent representative MUFG Bank, Ltd.)	1.31
JPMorgan Securities Japan Co., Ltd.	1.04
TACHI-S Co., Ltd.	0.74
Total	68.90

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Products

Seats
-Front seats
-Functional parts for seats

Seat frames
Round recliners
Long Slide Rails

-Rear seat relaxation systems

Refreshing systems
Reclining systems
Seat back contour systems
Ottomans

-Executive second row seats

Super-long-slide passenger seat
Large armrests and storage tables
Power leg rests
Ventilation seats

-Washable cover seats
-Sports seats
-Executive lounge seats

-Seat frames
-Round recliners
-Long slide rails

Interior & Exterior Components
Door trims
-Lightweight ｍolded form door trim with high impact resistance
-Door illumination
-Expanded kenaf Base material
-Door illumination

Instrument panels

Headliners
-Ceiling-mounted rear entertainment systems
-Panorama roofs
-Molded headliners
-Far-infrared reflective headliner
-Overhead console

Others
-Assist grip

Illuminations
-Headliner illumination
-Illuminated twin consoles
-Instrument panel mystic illumination
-LED jewel lamp
-Overhead console illumination

Textile components
-Seat fabrics
-Curtain-shield airbags
-Seatbelt webbings
-Partition nets

Exterior components
-Bumpers
-Fender liners
-Engine undercovers

Others
-Floor carpets
-Tonneau covers
-Package trays
-Electric sunshade systems
-Silencers
-Deck boards

Unit Components
Filter products
-Air filters
-Oil filters
-Anti-allergen and deodorising cabin air filters
-Pollen removal cabin air filters
-Clean air filters Premium
-Hydrocarbon absorption filters
-High-efficiency dust removal cabin air filters

Plastic parts for internal combustion engine (ICE)
-Air induction systems
-Air cleaners
-Intake manifolds
-Cylinder head covers
-Timing chain Covers
-Oil mist separators

Electric power-train products
-Motor core constituent parts (for hybrid system)
-Stack manifolds
-Separators
-Air filter for fuel cell vehicles
-Ion Exchanger

Others
-Key motor core components for hybrid systems
-Fluid filters for automatic transmissions
-Oil mist separators
-Revolving sensors
-Ignition coils for motorcycles
-ABS coils

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History

Jan. 1918	Founded Toyoda Boshoku Corporation.
Nov. 1923	Established Kariya Plant.
Sep. 1931	Merged with Kikui Boshoku Corp.
Feb. 1932	Merged with Utsumi Boshoku, Chuo Boshoku, Kyowa Boshoku and Toyoda Oshikiri Boshoku and established Chuo Boshoku Corporation.
Nov. 1933	Acquired by Toyota Motor Industry Company (currently Toyota Motor Co.)
May, 1950	Spun off from Toyota Motor Co., Ltd. as Minsei Spinning Co., Ltd.
Aug. 1950	Listed on the Nagoya Stock Exchange.
Sep. 1956	Established Oguchi Plant.
Aug. 1967	Changed the name of the Company to Toyoda Boshoku Corporation.
Sep. 1967	Established Hoyu Shoji Corp.
Mar. 1968	Merged with Gifu Boseki Corp. (currently Gifu Plant).
Dec. 1972	Added as a business objective, the manufacturing, processing and selling of automotive parts.
Feb. 1973	Started manufacturing ignition coils.
Sep. 1973	Started manufacturing seat fabric.
Nov. 1976	Established Hineed Kogyo Co., Ltd. (currently an affiliate).
Dec. 1976	Started manufacturing seatbelt webbing.
May 1978	Established Aiho Co., Ltd.
Apr. 1985	Started manufacturing air filters.
Feb. 1990	Started manufacturing fender liners.
May 1990	Started manufacturing molded headliners.
May 1991	Started manufacturing timing belt covers.
Mar. 1994	Established STB Textiles Industry Co., Ltd. (currently an affiliate).
May 1994	Established Thai Seatbelt Co., Ltd. (currently an affiliate).
Apr. 1995	Started production of airbag base material.
Nov. 1995	Established TB Service Co., Ltd.
Dec. 1995	Started production of bumpers.
Jan. 1997	Established Toyodabo America Inc.
Dec. 1997	Established TB Hitech Inc. (currently a consolidated subsidiary).
Jan. 1998	Started production of cabin air filters and rotating centers.
Jan. 1999	Started production of silencer pads.
Jun. 1999	Started production of oil filters.
Mar. 2000	Listed on the First Section of the Tokyo Stock Exchange.
Jul. 2000	Started production of intake manifolds.
Jul. 2000	Conducted restructuring effective July 1, 2000. Divided Marketing Department into three departments by function: functional components marketing dept., interior material marketing dept. and interior systems marketing dept.
Oct. 2000	Toyoda Boshoku and Toyota Kako merged in October 2000. Continued as Toyoda Boshoku. This merger established the organization as a total supplier of automotive interior components. and also helped to reduce development expenses.
Dec. 2000	Planning to triple the number of employees for interior development to 100+ by FY2002. In addition to new employees and rotation of current employees, will receive employees transferred from Toyota group manufacturers. As soon as possible, will establish an organization for becoming a Tier 1 manufacturer, from development to supply.
Apr. 2001	Established TB Autoparts Management (currently a consolidated subsidiary).
Jun. 2001	Established Toyodabo Asia.
Sep. 2001	Acquired 51% of shares for Puro Denso (Partnership). (Currently TBDN Tennessee (Partnership).
Sep. 2001	Established Toyoda Shanghai Co., Ltd.
Nov. 2001	Established Eco Technology.
Mar. 2002	Established Toyodabo Filtration System (Thailand). (Currently a consolidated subsidiary).
Apr. 2003	Established, and made a 100% investment in, Toyodabo Manufacturing Kentucky Llc. In USA
Apr. 2003	Established Tianjin Intex Auto Part Co., Ltd. in China. (Investment Ratio: Araco 30%, Takanichi 30%, Toyoda Boshoku 15%, Changchun FAW Sihuan Automobile Co., Ltd. 25%)
Sep. 2004	Established Toyota Boshoku Haiphong Co., Ltd. (currently a consolidated subsidiary).
Sep. 2004	Established Guangzhou Intex Auto Parts Co., Ltd.) (currently a consolidated subsidiary).
Sep. 2004	Established Feng'ai(Guangzhou) Automotive Seat Parts Co., Ltd.(currently a consolidated subsidiary).
Oct. 2004	Established Toyota Industries Corporation through the merger with the Interior Components Division of Araco Corporation, and Takanichi. The Company took over the operations of seven plants including the Sanage plant and the Takaoka plant, which are manufacturing seat and door trims.
Apr. 2005	Established Toyota Boshoku Foshan Co., Ltd., which is currently a consolidated subsidiary.
Jul. 2005	Established Toyota Boshoku South Africa (PTY) Ltd., which is currently a consolidated subsidiary.
Nov. 2005	Established Tianjin Feng Ai Automotive Seat Parts Co., Ltd., which is currently a consolidated subsidiary.
Jul. 2006	Established Toyota Boshoku Canada, Inc., which is now a consolidated company.
Sep. 2007	Established Toyota Boshoku Mississippi, LLC., which is now a consolidated company.
Nov. 2007	Established Toyota Boshoku Indiana, LLC., Which is now a consolidated company.
Feb. 2008	Changed the structure of Toyoda Shanghai Co., Ltd. from commercial-type to investment-type company, and changed its name to Toyata Boshoku (China) Co., Ltd. (currently a consolidated subsidiary).
Oct. 2008	Took over the Sieto Plant of Faurecia S.A., a French automotive seating manufacturer, and established Toyota Boshoku Somain S.A.S. (currently a consolidated subsidiary).
Oct. 2008	Spun off its research and development office and established Toyota Boshoku Fundamental Research Center.
Aug. 2009	Constructed Fuji-Susuno Plant to increase efficiency in production at domestic plants and to construct an optimal supply structure.
May 2010	Constructed the building and facilities of Building 2 at the Sanage Development Center.
Jul. 2011	Acquired POLYTEC Holding AG to strengthen its technical skills in the area of interior-products and win more business with European OEMs.
Dec. 2012	Launched production of motor-core components for hybrid systems.
Nov. 2015	Acquired the seat structure business with Aisin Seiki and Shiroki.
Jun. 2016	Sold all stock shares in Boshoku Automotive Europe GmbH in Germany, Boshoku Automotive Poland Sp. z o.o. in Poland, and Boshoku Automotive Czech, s.r.o.; and transferred some of the functions at its European headquarters' branch office in Munich, Germany to Megatech Industries AG, in reorganizing the European operations.
Mar. 2018	Established ATN Auto Acoustics with Autoneum and Nihon Tokushu Toryo Co., Ltd.
Sep. 2019	Established Toyota Boshoku AKI USA LLC with Delta Kogyo and Toyo Seat.
Nov. 2019	Established Innovative production technology center
Apr. 2022	Due to the reorganization of the Tokyo Stock Exchange, listed on the Prime Section instead of the First Section.