IJT Technology Holdings Co., Ltd.

Company Profile

■URL

http://www.ijtt-hd.co.jp/global/

■Address

Nisshin Bldg., 11th floor, 1-8-27 kounan Minato-ku, Tokyo, 108-0075, Japan

Business Overview

-The Company was established on Oct. 1, 2013 as a joint holding-company among three suppliers of the Isuzu Group, which integrated their management.

  • I Metal Technology (Forged/cast parts): Its annual production volume of 200,000 tons of cast iron and cast products accounts for 6% of the market in Japan.
  • Jidosha Buhin Kogyou (JBK) (Machining) A manufacturer specializing in propeller shafts for passenger vehicles and commercial vehicles.
  • TDF (Forged products) The company manufactures 70% of the front-axle i-beams in Japan, which are parts for front axles on trucks.

-Major products: The Company mainly delivers its products to commercial-vehicle OEMs and construction-machinery manufacturers. Its main products are engine parts such as cylinder blocks and crankshafts, propeller shafts, gears, transmission shafts, axles, differentials, and underbody knuckle arms.

Financial Performance Highlights

-The Company’s financial results for the fiscal year that ended in March 2018 are as follows.
Consolidated sales: JPY 160,620 million (15.3% increase year-over-year)
Operating income: JPY 7,896 million (43.5% increase year-over-year)
Ordinary income: JPY 8,602 million (47.2% increase year-over-year)
Current net profit attributable to the parent-company’s shareholders: 5,676 million
(62.1% increase year-over-year)

-Isuzu Motors, which has a 42.39% shareholding in the Company, accounts for 68.9% of the Company’s total sales.

Shareholders

-Listed on the Second Section of the Tokyo Stock Exchange. (As of Mar. 31, 2018)
Name or Company Name Investment ratio (%)
Isuzu Motor Ltd. 42.39
Goldman Sachs International 3.55
Japan Trustee Services Bank, Ltd. (Trust Account) 2.98
Hitachi Construction Machinery Co., Ltd. 2.72
BBH for Fidelity Puritan TR: Fidelity SR Intrinsic Opportunities Fund 2.56
Midori Shareholding Association 2.16
Sato Shoji Co., Ltd. 2.07
FP Growth Support A Investment Limited Partnership 1.94
Mizuho Bank, Ltd. 1.56
The Mitsubishi UFJ Trust and Banking Corporation 1.56
Total 63.50

Products

I Metal Technology
Engine components
Cylinder heads
Cylinder blocks
Crankcases
Fly wheels
Fly wheel housings
Exhaust manifolds
Engine Foot
Pulley
Idle gear shaft

Drivetrain components
Hub drum assemblies
Hub rotor assemblies
Diff cage assemblies
Differential carrier assemblies
Hub;Front&Rear
Brake drums
Disc rotors
Carrier;Final
Differentials
Transmission cases
Clutch housings

Chassis parts
Trunnion Brackets
Spring Seat
Beams
Spring Bracket
Shackle; Spring

Jidosha Buhin Kogyo
Propeller shaft

Engine components

Rocker arms
Bridge
Intake throttle
Flywheels
Ring gears
Drive plates

Transfer

NoSPIN


TDF
Chassis parts
Front axles
Knuckles
Knuckle arms
Tie rod arms

Transmission parts
Main shafts
Counter gears
Cluster gears

Propeller shaft parts
Flange couplings
Yokes
Spiders
Shaft ends

Differential parts
Final gears
Pinion gears
Tube ends
Rear axle shafts

Engine parts
Crankshafts
Connecting rods
Camshafts

History

Mar. 2013 I Metal Technology Co., Ltd., TDF Corporation and Jidosha Buhin Kogyo Co., Ltd. have agreed to establish a joint holding company to combine operations.
May 2013 Signed a "management integration contract", to create a "Share Transfer Plan".
Jun. 2013 Decided at annual shareholders’ meeting of the three merged companies to establish the Company based on a joint transfer of stock shares and become wholly own subsidiaries of the Company.
Oct. 2013 IJT Technology Holdings Co., Ltd. was established. Listed on the second section of the Tokyo Stock Exchange.
May 2015 PT. TJForge Indonesia changed in equity method affiliate from a consolidated subsidiary by carrying out the capital increase.
Jun. 2015 I Metal Technology absorbed Isuzu Techno Sand. Co., Ltd.
Dec. 2016 I Metal Technology Co., Ltd. acquired San-ei Seisakusho Co., Ltd.
Mar. 2018 The Comapny concluded a basic agreement with regard to the marger of I Metal Technology Co., Ltd., Jidosha Buhin Kogyo Co., Ltd., and TDF Corporation.

Supplemental Information 1

-The Company was established on Oct. 1, 2013 as a joint holding-company among three suppliers of the Isuzu Group, which integrated their management.

Objectives of the Management Integration

  • To rapidly expand business and sales outside Japan, especially in the ASEAN Region
  • To advance and expand the role of the Japan operations
  • To expand and stabilize the customer base by presenting new products and technology, as well as present lower-priced products to customers

IJT Technology Holdings Co., Ltd.
>>>FY ended Mar. 31, 2016 Business report


I Metal Technology Co., Ltd.
>>> FY ended Mar. 31, 2008 Business report
>>> FY ended Mar. 31, 2009 Business report
>>> FY ended Mar. 31, 2010 Business report
>>> FY ended Mar. 31, 2011 Business report
>>> FY ended Mar. 31, 2012 Business report
>>> FY ended Mar. 31, 2013 Business report
>>> up until FY ended Mar. 31, 2015 Business report

Jidosha Buhin Kogyo Co., Ltd.
>>>FY ended Mar. 31, 2008 Business report
>>>FY ended Mar. 31, 2009 Business report
>>>FY ended Mar. 31, 2010 Business report
>>>FY ended Mar. 31, 2011 Business report
>>>FY ended Mar. 31, 2012 Business report
>>>FY ended Mar. 31, 2013 Business report
>>>FY ended Mar. 31, 2014 Business report
>>>FY ended Mar. 31, 2015 Business report

TDF Corporation
>>>FY ended Mar. 31, 2008 Business report
>>>FY ended Mar. 31, 2009 Business report
>>>FY ended Mar. 31, 2010 Business report
>>>FY ended Mar. 31, 2011 Business report
>>>FY ended Mar. 31, 2012 Business report
>>>FY ended Mar. 31, 2013 Business report
>>>up until FY ended Mar. 31, 2015 Business report

>>> IJT Technology Holdings Co., Ltd. (Investor Relations)

>>>Sales and Income Forecasts for the Next Fiscal Year