Tokai Rika Co., Ltd.
Company Profile
■URL
http://www.tokai-rika.co.jp/en/
■Address
Business Overview
-The Company is an automotive-interior parts manufacturer affiliated with the Toyota Group, producing switches, seat belts, key locks, shifting levers and other products. In the fiscal year that ended in March 2023, 73% of its sales were to Toyota.
- HMI (Human machine Interface) products
- key-locks
- seat belts
- shift levers
Shareholders
-From April 2022, the Company will move from the First Section of the Tokyo Stock Exchange to the Prime Market and from the First Section of the Nagoya Stock Exchange to the Premier Market. | (As of Mar. 31, 2023) |
Name or Company Name | Investment Ratio (%) |
Toyota Motor Corp. | 32.15 |
The Master Trust Bank of Japan, Ltd. (Trust Account) | 10.25 |
Denso Corp. | 9.71 |
Custody Bank of Japan, Ltd. (Trust Account) | 3.19 |
The Dai-ichi Life Insurance Company, Limited | 2.49 |
Employee stock holdings | 1.85 |
SSBTC CLIENT OMNIBUS ACCOUNT | 1.45 |
State Street Bank and Trust Company 505001 | 1.40 |
The Bank of New York, Treaty Jasdec account | 1.33 |
Tokai Rika Co-prosperity Society | 1.24 |
Total | 65.11 |
Products
Human Interface Systems and Controls
-Touch pad switches
-Multi-function switches
-Power window switches
-Steering switches
-Heater control switches
-Rear seat switch modules
-Push start switches
-Shift levers
-Various switches
- Hazard warning switches
- Fog lamp switches
- Power outer mirror switches
- Defogger switches
- Rheostat light control switches
- Seat switches
-Various sensing switches
- Neutral start switches
- Parking brake switches
- Engine oil pressure switches
- Door locking switches
- Brake lamp switches
- Courtesy lamp switches
- Back lamp switches
Security Systems
-Smart key portable devices and Emergency keys
-Electronic key systems
-Powered/Mechanical steering lock assemblies
-Immobilizers
-Remote keys
-Key sets
Safety Systems
-Seat belts
-Steering wheels
-Outer mirrors
-Digital outer mirrors
Electronic Products & Devices
-Power supply ECUs
-Immobilizer ECUs
-Speed sensors
-Steering angle sensors
-Custom ICs
Ornaments
-Full wheel covers
-Center caps
-Emblems
Application Products
-Connectors
- Board lock PCB connectors
- SMT connectors
-Auto Alarm
History
Aug. 1948 | Established as Tokai Rika Denki Seisakusho in Nishi-Biwajima, Aichi and started producing and selling automotive switches. |
Mar. 1960 | Established Tokai Rika Service Co., Ltd. |
Oct. 1961 | Listed on the Second Section of Tokyo and Nagoya Stock Exchanges. |
Dec. 1963 | Started producing and selling seat belts. |
Jun. 1967 | Started producing and selling shift levers. |
Sep. 1978 | Listed on the First Section of the Tokyo and Nagoya Stock Exchanges. |
Sep. 1980 | Head Office moved to the present location of Oguchi-cho, Aichi Pref. |
Aug. 1981 | Started producing and selling automotive mirrors. |
Jun. 1982 | Head office moved to Oguchi, Aichi. |
Oct. 1983 | Started producing and selling steering wheels. |
Feb. 1985 | Started producing and selling child seats. |
Apr. 1986 | Established a 100% owned subsidiary, Tokai Rika USA, in Detroit, Michigan |
Jul. 1986 | Established in partnership with TRW Canada, pursuant to Ontario law, a joint venture, Quality Safety Systems Co. in Toronto, Ontario, Canada. |
Jun. 1987 | Established Rica Auto Parts Co., Ltd. in Taiwan.. |
Jun. 1989 | Started producing and selling air bags |
Dec. 1989 | Established a 100% owned subsidiary, Houga, in Toyohashi, Aichi. |
Mar. 1991 | Established a 100% owned subsidiary, TAC Manufacturing, in Southfield, Michigan. |
May 1994 | Established a joint venture, Thai Seatbelt, in Thailand with Toyota Boshoku, Toyotsu Thailand, and a local company. |
Jul. 1995 | Established a 95% owned joint venture, TRP in Laguna, Philippines with Mitsui Co. |
Jan. 1997 | Established a 100% owned subsidiary, TRIN, of its US subsidiary, Tokai Rika USA in Ashley, Indiana. |
Sep. 1997 | Established a 100% owned subsidiary, Tokai Rika (Thailand) Co., Ltd. in Thailand. |
Jan. 1998 | Established TRMI, Inc. in the United States, taking over the manufacturing function of Tokai Rika USA, Inc. Changed the corporate name of Tokai Rika USA, Inc. to TRAM, Inc. |
Aug. 1998 | Decided that the Company should be commonly referred to as Tokai Rika |
Dec. 1998 | Established TRB Limited in the United Kingdom |
Jan. 2000 | Completed a network of R&D functions in Japan, North America, and Europe by establishing a development center at its European office in the Netherlands. The move was to support TRB, a new UK factory opened in May and started operation in fall 2000, in its marketing efforts to attract local carmakers and improve TRB's utilization rate |
Jan. 2000 | Expected growth in the wooden interiors market, purchased 50% of the shares of Microtecnowood, which was established in November 1999 as a 100% subsidiary of Miroku works. |
Feb. 2001 | Established a joint venture, Tianjin Tokairika Automotive Parts Co., Ltd. with a local company and Toyota Tsusho Corp. in Tienjin, China |
Mar. 2001 | Established Hsin Chong International Investment with a 60% owned joint venture, Wuxi Risho Technology Co., Ltd (with capitalization of 920 million yen), which will start producing seat belts in February 2002, with targeted sales of 3.67 million yen in 2005. |
Mar. 2001 | Established a joint venture, Wuxi Risho Technology Co., Ltd. in Wuxi, China with Hsin Chong International Investment Co., Ltd. |
Mar. 2001 | Established a joint venture, Tianjin Tokai Rika Auto Parts Co., Ltd. (capitalization of 1.15 billion yen with Tokai Rika holding 75%, Toyoda Tsusho Corporation, 5%, and Tianjin City Traffic Apparatus Factory , 20% of shares), which will start producing switches in September 2002 and is targeting sales of 980 million yen in 2005 |
Jun. 2001 | Established a 100% owned subsidiary, TRBR Industria e Comercio ltda.(with capitalization of 90 million yen), in Brazil from where the company will supply switches to Japanese customers based in Latin America. The subsidiary is planning to start production in 2002, with targeted sales of 590 million yen in 2005. |
Oct. 2002 | Set up a joint venture company, STF Company, Ltd. in Korea with Shinchang Electrics Co., Ltd. and Furukawa Electric Co., Ltd., to develop and produce electronic parts for automotive components. |
Feb. 2003 | Established wholly owned subsidiary, Tokai Rika Belgium N.V. in Diegem, Belgium. |
Mar. 2003 | Rika Technica was merged into Houga Co., Ltd. |
Jun. 2003 | Established a wholly owned subsidiary, Tokai Rika Canada, in Toronto, Ontario, Canada. The Company purchased all the shares in Quality Safety Systems Co. that TRW Canada held. |
Sep. 2003 | Established Suzhou Huachang Mechanical and Electrical Co., Ltd. in Suzhou, China as a joint venture together with Shinchang Electrics Co., Ltd. and other entities. |
Jun. 2004 | Established Foshan Tokairika Automotive Parts Co., Ltd. in Foshan, China as a joint venture with Rica Auto Parts Co., Ltd. and Toyota Tsusho Corporation. |
Aug. 2004 | Established TRMAC engineering in Nagoya, Japan as a joint venture with Macsystems Corporation. |
Jan. 2008 | Established Tokai Rika Northeast Technological Center, a new development center in Yamagata Prefecture, Japan. |
Feb. 2008 | Made Sandenzaisha Co., Ltd. its subsidiary. |
Apr. 2008 | Established wholly-owned subsidiary, Tokai Rika Asia Co., Ltd., in Samut prakan, in Thailand. |
Aug. 2008 | Established Tokai Rika Minda India Private Ltd. in Bangalore, India, as a joint venture with local capital. |
May 2011 | Established PT. Tokai Rika Indonesia in Jawa Barat, Indonesia as a joint venture with Toyota Tsusho Corporation. |
Dec. 2012 | Established PT. Tokai Rika Safety Indonesia in Tangerang as a joint-venture with the Hsinchong Group based in Taiwan. |
May. 2015 | Established Tokai Rika Mexico, S.A. de C.V., a joint venture with TRAM Inc. and Toyota Tsusho Corp., in Salinas Victoria, Nuevo Leon, Mexico. |
Oct. 2018 | Established a new wholly-owned sales and technical subsidiary, Tokai Rika (Jiangsu) Automotive Parts Co., Ltd., in Wuxi, Jiangsu Province, China. |
Sep. 2020 | Established the Tokai Rika DigitalKey brand, launching operations in this business segment. |
Jul. 2021 | NSK Corporation and Ena Tokai Rika Corporation merged to form 100%-owned Tokai Rika NExT Corporation. |
Apr. 2022 | Moved from the First Section to the Prime Market of the Tokyo Stock Exchange. Moved from the First Section to the Premier Market of the Nagoya Stock Exchange. |
Nov. 2022 | Established TOKAI RIKA TOHOKU CO.,LTD. |
Supplemental Information 1
>>>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
>>>FY ended Mar. 31, 2016 Business report
>>>FY ended Mar. 31, 2017 Business report
>>>FY ended Mar. 31, 2018 Business report
>>>FY ended Mar. 31, 2019 Business report
>>>FY ended Mar. 31, 2020 Business report
>>>FY ended Mar. 31, 2021 Business report
>>>FY ended Mar. 31, 2022 Business report
Archives of Past Exhibits
Note: A figure in brackets ( ) indicates a loss