Technol Eight Co., Ltd.

Company Profile

■URL

http://www.technol-eight.co.jp/english/index.html

■Address

1 Akatsuki-cho, Seto-shi, Aichi-ken, 489-8510, Japan

Business Overview

-Manufacturer of stamped body components.

-The company has a fully integrated production structure, which includes product development up to processing.

Shareholders

-Unlisted Company

Company name	Investment ratio (%)
Toyoda Iron Works	64.0
Toyota	36.0
Total	100.0

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Products

Iron Parts
-Hood reinforcements
-Rear suspension arm brackets
-Door components
-Shift supports
-Dash panel reinforcements
-Floor panel reinforcements
-Center floor cross
-Rear quarter parts

Aluminum Parts
-Hood reinforcements
-Heat Insulators
-Tank protectors
-Back door reinforcements
-Engine under covers
-Door inner panels

Functional parts
-Hood locks
-Air cleaners

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History

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.