Technol Eight Co., Ltd.
-Manufacturer of stamped body components.
-The company has a fully integrated production structure, which includes product development up to processing.
|Company name||Investment ratio (%)|
|Toyoda Iron Works||64.0|
-Rear suspension arm brackets
-Dash panel reinforcements
-Floor panel reinforcements
-Center floor cross
-Rear quarter parts
-Back door reinforcements
-Engine under covers
-Door inner panels
|Sep. 1948||The independently owned Maruhachi Works made organizational changes and established Maruhachi Industrial Co., Ltd. in Minamimusachidaira-cho Naka Ward, Nagoya (with capital of 500,000 yen).
Established the Hotei Plant in Hotei-cho (currently Konan-shi), Niwa-gun, Aichi, as a subcontract plant of Toyota Jidosha Kogyo (currently Toyota Motor) at its initial establishment.
|Feb. 1949||Moved main office to Hotei-cho (currently Konan-shi), Niwa-gun, Aichi.|
|Dec. 1949||Started business tie-up with Nippon Denso (currently Denso) as a supplier.|
|Apr. 1965||Started dealing with Toyota Automatic Loom Works Ltd.|
|Sep. 1967||Established the Kumano plant (Oaza, Nakanara, Konan-shi, Aichi) specific to manufacturing air cleaners for increased production of automotive parts.|
|Apr. 1974||Established the Minokamo Plant (Minokamo-shi, Gifu) for production streamlining and environmental consciousness.|
|Feb. 1985||Mr. Naoto Otsuki was appointed as a corporate representative to renovate its top management.|
|Sep. 1986||Name changed to Technol Eight Co., Ltd. and moved main office to 1 Akatsuki-cho, Seto-shi, Aichi.|
|Mar. 1987||Relocated 2 plants in Konan-shi and a plant in Minokamo-shi to be consolidated into a plant (currently the main plant) in Seto-shi for production streamlining and environmental consciousness.|
|Apr. 1987||Merged with Nippon Dentsu for the purpose of manufacturing and sales of electronic appliances.|
|Nov. 1989||Registered the corporate stock to corporate body of Japan Securities Trade Associations.|
|May 1995||Started production and deliver of battery cases through introducing precision stamping.|
|Aug. 1997||Established a wholly-owned subsidiary Techonol Eight Philippines Corporation for the purpose of manufacturing automotive stamping components in Philippine.|
|Sep. 1998||The newly-established subsidiary started going into full-scale operation.|
|Jul. 2000||Gained a 100% holding in Technol Saga Corporation manufacturing and selling electronic appliances for expanding the business.|
|Mar. 2002||Gained an additional holding in Business Network Telecom Corporation for the Internet related business to be controlled as a subsidiary for strengthening new business lines.|
|Sep. 2002||Completed a mold plant at Technol Eight Philippines Corporation and started mold production in December 2002.|
|Dec. 2004||Cancelled its listing on the over the counter market at Japan Securities Dealers Association and listed its shares on the JASDAQ Securities Exchange.|
|Nov. 2005||Otsuki Strategic Investment conducted a takeover bid of the Company, which became a wholly owned subsidiary of Otsuki Strategic Investment and thus was delisted from the JASDAQ.|
|Jan. 2008||Became a wholly owned subsidiary of Onkyo Corporation.|
|May 2009||Onkyo Corporation transferred all the shares of stock it had in the Company to Toyoda Iron Works Co., Ltd. and Toyota Motor Corporation.|
Supplemental Information 1
>>>Business Report FY ended Mar. 2014
Note: A figure in brackets ( ) indicates a loss