AKEBONO BRAKE INDUSTRY CO., LTD. Profile Akebono Brake Industry Co., Ltd

Total Page:16

File Type:pdf, Size:1020Kb

AKEBONO BRAKE INDUSTRY CO., LTD. Profile Akebono Brake Industry Co., Ltd ANNUAL REPORT 2003 For the year ended March 31, 2003 AKEBONO BRAKE INDUSTRY CO., LTD. Profile Akebono Brake Industry Co., Ltd. (hereafter "Akebono"), has been progressively developing brake friction materials and related products ever since it first began manufacturing woven linings for drum brakes and clutch facings in 1929. We currently supply products on an original equipment manufacturing (OEM) basis to almost all Japanese automakers. Akebono has a dominant market share in Japan, and its product range spans items for automobiles, motorbikes, rolling stock, forklifts and agricultural equipment. In recent years, our efforts have been directed at building a framework to become a global supplier of friction materials in Japan, North America and Europe, by applying our core technology "Friction and Vibration, their Control and Analysis," which we developed as an expert in brakes. As a global company, we are demonstrating our presence through the speedy supply of high-quality products that are satisfying automakers' needs worldwide, and the development of environmental conservation technologies aimed at preserving a better global environment for future generations. Corporate Policies ●Customer Needs First ●Technology Realignment ●Establishing a Tri-polar Network Corporate Mission Through Friction and Vibration, their Control and Analysis, We are determined to Protect, Grow and Support Every Individual Life. ※Tentative translation from original Japanese. Akebono's Declaration for the 21st Century Contents Akebono's Declaration for the 21st Century was made as a guide to clarify ■Financial Highlights 02 the Akebono Group's orientation and direction for the 21st century. ■To Our Shareholders and Investors 03 ■Interview with CEO 05 ■Operating Status by Region 09 We will continue to create value long into the 21st century, pursuing our ■Environmental Conservation Activities 13 "Corporate Mission." ■Financial Section We hereby affirm that we will endeavor to: Five-year Summary 14 1. Recognize the real value of what we create and provide Management Discussion and Analysis 15 2. Assure our own indispensability by continuously creating new value Consolidated Balance Sheets 19 3. Accomplish our tasks with speed and the courage of one's own convictions Consolidated Statements of Operations 21 without fear of failure Consolidated Statements of Cash Flows 22 4. Achieve our aspirations through the pride of each and every individual. Consolidated Statements of Shareholders' Equity 23 Notes to Consolidated Financial Statements 24 Independent Auditor's Report 29 ■Directors and Officers 30 ■Investor Information 31 Forward-looking Statements Current plans, projections, strategies and business performance and other statements reported herein which are not based on historic facts represent forecasts made under Akebono's assumptions and views, based on information available at the time of preparing this Annual Report. These statements are therefore exposed to risks and uncertainties, including but not limited to those associated with the economic climate surrounding Akebono's business domain, trends in market competition, exchange rate, tax system and various institutions. Please note that the actual business performance may differ significantly from Akebono's forecasts, due to various factors. Financial Highlights AKEBONO BRAKE INDUSTRY CO., LTD., AND CONSOLIDATED SUBSIDIARIES Years ended March 31, 2003 and 2002 Millions of yen Thousands of US dollars 20032002 2003 Fiscal year Net sales ¥126,595 ¥126,655 $1,054,958 Operating income 8,453 5,560 70,442 Net income (loss) (6,318) 99 (52,650) Operating cash flow 8,035 12,276 66,958 Year-end Total assets 143,226 141,230 1,193,550 Shareholders' equity 14,502 21,111 120,850 Interest-bearing liabilities 63,855 71,977 532,125 Yen US dollars Per share data Net income (loss) ¥(67.25) ¥1.05 $(0.56) Cash dividends 1.00 1.00 0.01 Note: Yen amounts have been translated into US dollars, for convenience only, at ¥120 = $1, the approximate exchange rate on March 31, 2003. Net sales / Ratio of operating income to sales 1999 1.0 120,679 2000 3.6 121,080 2001 4.6 126,450 2002 4.4 126,655 Net sales (Millions of yen) 2003 6.7 126,595 Ratio of operating income to sales (%) Net income (loss) / Net income per share (loss) 1999 (60.98) (5,713) 2000 (9.84) (924) 2001 (14.54) (1,367) 2002 1.05 99 Net income (Millions of yen) 2003 (67.25) (6,318) Net income per share (%) Total assets / Shareholders' equity 1999 137,542 16,999 133,728 2000 15,495 2001 129,536 14,490 141,230 2002 21,111 Total assets (Millions of yen) 2003 143,226 Shareholders' equity (%) 14,502 ANNUAL REPORT 2003 02 To Our Shareholders and Investors First Year of Three-year Management Plan "Forward 30" Unfolds Smoothly 03 ANNUAL REPORT 2003 Akebono Posts Record-high Operating Income, Ridding Ourselves of the "Negative Legacy" due to Effects of Business Streamlining, etc. Resolutely and Working on Improvements in Our Financial Constitution for the Future Akebono is currently pushing ahead with its three-year medium-term management plan "Forward 30" effective April 2002, in pursuit of Akebono posted record-high operating income but faced a fulfilling its long-term goal of securing a 30% share of the global OEM consolidated net loss amounting to 6,318 million yen for the year market for disc brake pads, dubbed "Global 30." ended March 2003, having written off a massive unrealized loss on its In the first year of "Forward 30" (the year ended March 2003), the real estate business as an extraordinary loss. economic climate in Japan was harsh: despite some improvements in The real estate business had extended welfare facilities to employees corporate earnings, personal consumption slumped due to the impact since the establishment of a subsidiary in 1969. In the subsequent of widespread deflation, falling stock prices, uncertainty in years, however, it suffered a massive unrealized loss due to its failure employment and decreasing income. to take prompt action against non-performing assets, which swelled In the automotive industry, domestic production exceeded the 10 following the burst of Japan's economic bubble. Our original plan million mark for the first time in two years, totaling 10.32 million units, was to deal with this problem after fulfilling the aforementioned a year-on-year increase of 5.3%. This was attributable to the medium-term management plan "Forward 30." However, we relatively solid performance of exports of finished vehicles targeting acknowledged that the drive to globalize our business could not be North America and Asia and sales of small cars in Japan, both of financed from a long-term perspective, without considering the impact which increased. Meanwhile, the business environment is of the real estate business on Akebono's rating and stock price, and undergoing dramatic changes, as exemplified by the acceleration of the means to finance dividend payments. Based on the judgment corporate restructuring across group boundaries, and the pursuit of that Akebono's business performance (operating income) in the year environmentally friendly technological innovations. ended March 2003 was not a one-off condition, we decided to write The parts industry is no different from the automotive sector in terms off the loss within the current fiscal year (ending March 2004) by of globalization, diminishing borders and falling prices. Competition ourselves, rather than waiting idly until accounting for the impairment to survive the major shakeup remains fierce. of assets becomes mandatory in two years time. We firmly believe In such a climate, Akebono's non-consolidated net sales amounted to that improvements in our financial constitution made by ridding 98,277 million yen, up 3,451 million yen from the previous year. ourselves of such "negative legacy" will help Akebono globalize its Consolidated net sales totaled 126,595 million yen, which was more business significantly in the future. or less the same as in the previous year. This was attributable to We will continue executing the three-year medium-term management adjustments made to the accounting period of its North American plan "Forward 30" steadily, in an effort to boost our competitiveness consolidated subsidiary Akebono Corporation (North America), based on a global scale. on which only nine months' data was included in the consolidated We look forward to your kind understanding and further support. closing of accounts. On the income side, Akebono's consolidated operating income was a record-high 8,453 million yen, up 2,893 million yen from the previous year, owing to the strong performance of North American operations, the large volume of contracts targeting North America, the spin-off of plants in Japan, the execution of integrated production, the revision of personnel and remuneration schemes, the reduction of costs and other radical endeavors. Hisataka Nobumoto President, CEO & Chairman of the Board ANNUAL REPORT 2003 04 Interview with CEO Please explain Akebono's efforts in concrete terms. Promotion of the Cost Revolution, Involving Radical Innovation of Operational Procedures Among the numerous measures featured in "Forward 30," the cost revolution may be regarded as the lifeline in global competition. The plan involves the radical innovation of operational procedures, including the conventional domestically-oriented comprehensive revision of designs and patterns of thinking and behavior may drawings from a new perspective, generate profits in the short run but which goes far beyond cost reduction
Recommended publications
  • 11 an Top 100 FINAL Pages.Qxp
    Global Cover-060712.qxp 6/7/2012 4:14 PM Page 1 Top 100 global OEM parts suppliers – Ranked on 2011 global OEM automotive parts sales Total global Total global OEM automotive OEM automotive Percent Percent parts sales parts sales North Percent Percent rest of 2011 (dollars in (dollars in America Europe Asia world 2010 rank Company Address Executive millions) 2011 millions) 2010 2011 2011 2011 2011 Products rank 1 Robert Bosch GmbH Postfach 106050 Franz Fehrenbach $39,753 e $34,565 e 14 54 26 6 Gasoline, diesel & steering systems, chassis system controls, electrical 1 (49) 711-811-0; bosch.com Stuttgart D-70049, Germany chairman drives, starter motors & generators, car multimedia & electronics, battery technology, exhaust gas turbochargers & treatment systems 2 Denso Corp. 1-1 Showo-cho Nobuaki Katoh 34,153 fe 32,850 fe 16 12 70 2 Thermal, powertrain control, electronic & electric systems; small 2 (81) 566-25-5511; globaldenso.com Kariya-Aichi 00448, Japan president & CEO motors, telecommunications 3 Continental AG Vahrenwalder Strasse 9 Elmar Degenhart 30,521 fe 24,819 fe 19 52 25 4 Electronic & foundation brakes, stability management systems, tires, 3 (49) 511-938-01; conti-online.com Hanover 30165, Germany CEO chassis systems, safety system electronics, telematics, powertrain electronics, interior modules, instrumentation, technical elastomers 4 Magna International Inc.† 337 Magna Drive Donald Walker 28,300 23,600 52 43 5 Complete vehicle engineering & assembly; body & chassis, 5 (905) 726-2462; magna.com Aurora, Ontario L4G7K1, Canada CEO closures, electronic, interior/exterior, powertrain, roof, seating, & vision systems; hybrid & electric vehicle systems 5 Aisin Seiki Co.
    [Show full text]
  • Akebono Report 2017
    AKEBONO REPORT 2017 AKEBONO REPORT AKEBONO REPORT 2017 AKEBONO REPORT 2017 Issued August 2017 Corporate Communications Office 19-5 Nihonbashi Koami-cho, Chuo-ku, Tokyo 103-8534, Japan TEL +81 (0) 3-3668-5183 FAX +81 (0) 3-5695-7391 Akebono Brake Industry Co., Ltd. URL http://www.akebono-brake.com/english/ E-mail [email protected] Please send your opinions and impressions to the above office. This report was printed on Forest Stewardship Council-certified paper, sourced from well-managed forests and other controlled sources. In addition, the printing involved no volatile organic compounds (VOCs). akebono’s Through “Friction and Vibration, their Control and Analysis,” Corporate Mission we are determined to protect, grow and support every individual life We will continue to create value long into the 21st century as we pursue our Corporate Mission. We declare that we will: akebono’s Declaration for the 1. Recognize the real value of what we create and provide. 21st Century 2. Assure our own indispensability by continuously creating new value. 3. Accomplish our tasks with speed and the courage of our convictions without fear of failure. 4. Achieve our aspirations through the pride of each and every individual. 1. Customer needs first Corporate Goals 2. Technology realignment 3. Establishing a global network Brand Slogan Brand Statement Since 1929, akebono has brought assurance and peace of mind to our customers and end-users everywhere as a global industry leader in brake design and production. We take pride in our history of achieving safety without compromise, and continue to pursue new standards of perfection with Absolute safety; Unparalleled control innovation.
    [Show full text]
  • Akebono Report 2018
    AKEBONO REPORT 2018 AKEBONO REPORT AKEBONO REPORT 2018 AKEBONO REPORT 2018 Issued August 2018 Corporate Planning Division, Corporate Communications Office 19-5 Nihonbashi Koami-cho, Chuo-ku, Tokyo 103-8534, Japan Akebono Brake Industry Co., Ltd. TEL +81 (0) 3-3668-5183 FAX +81 (0) 3-5695-7391 URL http://www.akebono-brake.com/english/ Please send your opinions and impressions to the above office. This report was printed on Forest Stewardship Council-certified paper, sourced from well-managed forests and other controlled sources. In addition, the printing involved no volatile organic compounds (VOCs). Contents Message Top Message ................................................................................................................... 03 Akebono’s Journey .......................................................................................................... 05 akebono’s Through “Friction and Vibration, their Control and Analysis,” Akebono 2018 ................................................................................................................. 07 we are determined to protect, grow and support every individual life About Akebono Product Introduction ........................................................................................................ 09 Corporate Mission Basic Principles of Brakes ............................................................................................... 11 Established 1999 Global Expansion ............................................................................................................
    [Show full text]
  • Autodesk W Branży Motoryzacyjnej
    Autodesk w Branży Motoryzacyjnej Name Surname Job Title Image courtesy of Local Motors Inc. Idea Koncepcja Wizualizacja Ergonomia Konstrukcja i optymalizacja Symulacja Organizacja procesu produkcyjnego Marketing 14 GENERAL MOTORS CORPORATION EXEDY CORPORATION IMABARI SHIPBUILDING CO.,LTD. WERNER BAIER UND GERHARD MEY TOYOTA MOTOR CORPORATION TSUNEISHI SHIPBUILDING COMPANY CENTRAL JAPAN RAILWAY COMPANY AMSTED INDUSTRIES INCORPORATED HONDA MOTOR CO., LTD. MAZDA MOTOR CORPORATION LINAMAR CORPORATION MITSUBISHI MOTORS AUSTRALIA LIMITED MITSUBISHI HEAVY INDUSTRIES, LTD. GENERAL ELECTRIC COMPANY CHINA SHIPBUILDING INDUSTRY CORPORATION CHINA STATE SHIPBUILDING CORPORATION MICHELIN ET CIE GM DAEWOO AUTO & TECHNOLOGY COMPANY NAMURA SHIPBUILDING CO.,LTD. KEIHIN CORPORATION NORTHROP GRUMMAN CORPORATION SIEMENS AG AUSTAL USA, LLC AKEBONO BRAKE INDUSTRY CO., LTD. FORD MOTOR COMPANY VALEO MAG IAS HOLDINGS, INC. COOPER-STANDARD HOLDINGS, INC. HYUNDAI HEAVY INDUSTRIES CO., LTD. L-3 COMMUNICATIONS HOLDINGS, INC. KOREA DELPHI AUTOMOTIVE SYSTEMS CENTRAL MOTOR CO.,LTD. ROBERT BOSCH GMBH DANA HOLDING CORPORATION STELLA VERM?GENSVERWALTUNGS GMBH L?RSSEN MARITIME BETEILIGUNGEN GMBH. VOLKSWAGEN AG SUZUKI MOTOR CORPORATION REPUBBLICA ITALIANA CHINA COMMUNICATIONS CONSTRUCTION KUBOTA CORPORATION SEMBCORP INDUSTRIES LTD THAI SUMMIT AUTOPARTS INDUSTRY COMPANY PARKER -HANNIFIN CORPORATION FIAT SPA ROLLS-ROYCE GROUP PLC NAVISTAR INTERNATIONAL CORPORATION DCNS MAGNA INTERNATIONAL INC AB VOLVO PRESCO, Y.K. JUNGHEINRICH AG BRIDGESTONE CORPORATION CKD CORPORATION UNITED TECHNOLOGIES CORPORATION MITSUBA CORPORATION CONTINENTAL AG NIENPAL EMPREENDIMENTOS E PARTICIPACOES YAZAKI CORPORATION YOKOHAMA RUBBER COMPANY, LIMITED, THE DAIMLER AG FUJI HEAVY INDUSTRIES LTD. BENTELER AG MUSASHI SEIMITSU INDUSTRY CO., LTD. STX OFFSHORE & SHIPBUILDING CO., LTD. SHANGHAI AUTOMOTIVE INDUSTRY CORP ABEKING & RASMUSSEN SCHIFFS- UND ALLISON TRANSMISSION, INC. NISSAN MOTOR CO., LTD. BROSE FAHRZEUGTEILE GMBH & CO. KG ODIM ASA STICHTING ADMINISTRATIEKANTOOR HUISMAN MITSUBISHI MOTORS CORPORATION HARLEY-DAVIDSON, INC.
    [Show full text]
  • ASIAN AUTOMOTIVE NEWSLETTER ISSUE 16, December 1999 a Bimonthly Newsletter of Developments in the Auto and Auto Components Markets
    BDA Business Development Asia ASIA IS A BUSINESS IMPERATIVE NOW MORE THAN EVER ASIAN AUTOMOTIVE NEWSLETTER ISSUE 16, December 1999 A bimonthly newsletter of developments in the auto and auto components markets CONTENTS CHINA/HK INTRODUCTION .............................................. 1 Ami Doduco, a unit of Technitrol Company of CHINA / HONG KONG ................................. 1 the US and a global leader in electrical contacts, has INDIA ..................................................................... 2 agreed to acquire Tianjin Electrical Metal Works INDONESIA ........................................................ 2 (TEM), an electrical contacts business based in JAPAN ..................................................................... 3 Tianjin, from Tianjin XinHao Investment Devel- KOREA ................................................................... 3 opment Company. Ami Doduco has established a MALAYSIA ............................................................ 4 wholly-owned enterprise in Tianjin City and obtained SINGAPORE ........................................................ 5 all approvals necessary to manufacture and sell sil- THAILAND .......................................................... 5 ver-based electrical contact products used in the ap- VIETNAM ............................................................. 5 pliance, automotive and construction industries. (No- FOCUS: Fast Fit Market in Asia ....................... 6 vember 10, 1999) Daewoo Motor Co has opened three car component JV plants
    [Show full text]
  • SAE 2009 Brake Colloquium and Exhibition Technical Session Schedule As of 10/17/2009 07:40 Pm
    SAE 2009 Brake Colloquium and Exhibition Technical Session Schedule As of 10/17/2009 07:40 pm Sunday, October 11 Environmental Issues Session Code: BC109 Room Ballroom A/B Session Time: 3:30 p.m. The session provides the status and issues with the various worldwide environmental regulatory and legislative actions (i.e., REACH, ELV, IMDS, California Copper, Green Chemistry Initiative..) as well as the latest studies in wear debris analysis. Organizers - Stephen Brown, Samarium LLC; Kwangjin M. Lee, Delphi Corp. Time Paper No. Title 3:30 p.m. 2009-01-3005 Wear Mechanisms in Automotive Brake Materials Plus Characterization and Potential Environmental Impact of Wear Debris ORAL ONLY Jana Kukutschova, VSB Technical University Ostrava; Peter Filip, Southern Illinois Univ at Carbondale; Vaclav Roubicek , VSB - Technical University Ostrava; Donald MacCrimmon, Southern Illinois Univ 3:55 p.m. ORAL ONLY European Enviornmental Regulations in Friction Materials Nanty Hautus, Lapinus Fibres BV 4:20 p.m. ORAL ONLY California Copper SB346 Update William P. Hilbrandt, Akebono Corp. 4:40 p.m. ORAL ONLY Green Chemistry Initiative (written presentation will be made available by the California Dept. of Toxic Substances Control) Stephen Brown, Samarium LLC 4:45 p.m. ORAL ONLY Suppliers Partnership for the Environment (SP) - Material Assessment Strategy Pat Beattie, Arcalis Scientific, Suppliers Partnership for Environment Monday, October 12 OEM Brake Management Panel Discussion Session Code: BC200 Room Ballroom A/B Session Time: 8:00 a.m. Join the key leaders of the Brake activities within the major OEM¿s to learn what to expect for the future in terms of business activities and technical issues which will be encountered as we move forward.
    [Show full text]
  • Railway Technologies & Services Japan Market Study
    Railway Technologies & Services Japan Market Study JULY 2019 © Copyright EU Gateway | Business Avenues The information and views set out in this study are those of the author(s) and do not necessarily reflect the official opinion of the European Union. Neither the European Union institutions and bodies nor any person acting on their behalf may be held responsible for the use which may be made of the information contained therein. The contents of this publication are the sole responsibility of EU Gateway | Business Avenues and can in no way be taken to reflect the views of the European Union. The purpose of this report is to give European companies selected for participation in the EU Gateway | Business Avenues Programme an introductory understanding of the target markets countries and support them in defining their strategy towards those markets. For more information, visit www.eu-gateway.eu. EU Gateway to Japan Central Management Unit Japan Market Study July 2019 Submitted to the European Commission on 22 July 2019 Railway Technologies & Services - Japan Market Study - Page 3 of 143 Table of contents LIST OF ABBREVIATIONS ........................................................................................................................................ 7 EXECUTIVE SUMMARY ............................................................................................................................................. 9 2. WHAT ARE THE CHARACTERISTICS OF JAPAN? .........................................................................................
    [Show full text]
  • December 8, 2017
    December 8, 2017 AMECA Compliance List of VESC V-3 Brake Friction Material For Three-Year Period 2014-2017 December 8, 2017 Update Automotive Manufacturers Equipment Compliance Agency, Inc. 1025 Connecticut Avenue, NW Suite #1012 Washington DC 20036 www.ameca.org "AMECA"; "AMECA Notice of Equipment Compliance" (for all vehicle components); "AMECA Edge Code" (for automotive brake friction material); and the AMECA Logo are trademarks registered with the US Patent & Trademark Office and with the US Department of Homeland Security - Customs and Border Patrol. These trademarks are solely owned by Automotive Manufacturers Equipment Compliance Agency (AMECA), Inc. and not be used without the express written permission of AMECA. AMECA Compliance List of Brake Friction Material Compliance Expiration Company Name AMECA Edge Code Markings Number Date 170256 07 20 Brake Parts Inc. LLC 104 AB FE 171359 01 21 Brake Parts Inc. LLC 105 AA FF 171370 01 21 Brake Parts Inc. LLC 106 AA FF 170256 07 20 Brake Parts Inc. LLC 106 AB FE 171190 01 21 ABS Friction, Inc. AAG 300 FF 160684 07 19 Federal-Mogul Motorparts AB 650 FE 161399 01 20 Federal-Mogul Motoparts ABB 1083-49 GG 161399 01 20 Federal-Mogul Motoparts ABB 2034 GG 170491 07 20 Federal-Mogul Motorparts ABB 2047 GG 170606 07 20 Federal-Mogul Motorparts ABB 2052 GG 160871 01 20 Federal-Mogul Motorparts ABB 2069 GG 160686 07 19 Federal-Mogul Motorparts ABB 296 GG 151096 07 18 Federal-Mogul Motorparts ABEX 138 FF 150216 07 18 Federal-Mogul Motorparts ABEX 151/9 GF 150216 07 18 Federal-Mogul Motorparts ABEX
    [Show full text]
  • Published on 7 October 2015 1. Constituents Change the Result Of
    The result of periodic review and component stocks of TOPIX Composite 1500(effective 30 October 2015) Published on 7 October 2015 1. Constituents Change Addition( 80 ) Deletion( 72 ) Code Issue Code Issue 1712 Daiseki Eco.Solution Co.,Ltd. 1972 SANKO METAL INDUSTRIAL CO.,LTD. 1930 HOKURIKU ELECTRICAL CONSTRUCTION CO.,LTD. 2410 CAREER DESIGN CENTER CO.,LTD. 2183 Linical Co.,Ltd. 2692 ITOCHU-SHOKUHIN Co.,Ltd. 2198 IKK Inc. 2733 ARATA CORPORATION 2266 ROKKO BUTTER CO.,LTD. 2735 WATTS CO.,LTD. 2372 I'rom Group Co.,Ltd. 3004 SHINYEI KAISHA 2428 WELLNET CORPORATION 3159 Maruzen CHI Holdings Co.,Ltd. 2445 SRG TAKAMIYA CO.,LTD. 3204 Toabo Corporation 2475 WDB HOLDINGS CO.,LTD. 3361 Toell Co.,Ltd. 2729 JALUX Inc. 3371 SOFTCREATE HOLDINGS CORP. 2767 FIELDS CORPORATION 3396 FELISSIMO CORPORATION 2931 euglena Co.,Ltd. 3580 KOMATSU SEIREN CO.,LTD. 3079 DVx Inc. 3636 Mitsubishi Research Institute,Inc. 3093 Treasure Factory Co.,LTD. 3639 Voltage Incorporation 3194 KIRINDO HOLDINGS CO.,LTD. 3669 Mobile Create Co.,Ltd. 3197 SKYLARK CO.,LTD 3770 ZAPPALLAS,INC. 3232 Mie Kotsu Group Holdings,Inc. 4007 Nippon Kasei Chemical Company Limited 3252 Nippon Commercial Development Co.,Ltd. 4097 KOATSU GAS KOGYO CO.,LTD. 3276 Japan Property Management Center Co.,Ltd. 4098 Titan Kogyo Kabushiki Kaisha 3385 YAKUODO.Co.,Ltd. 4275 Carlit Holdings Co.,Ltd. 3553 KYOWA LEATHER CLOTH CO.,LTD. 4295 Faith, Inc. 3649 FINDEX Inc. 4326 INTAGE HOLDINGS Inc. 3660 istyle Inc. 4344 SOURCENEXT CORPORATION 3681 V-cube,Inc. 4671 FALCO HOLDINGS Co.,Ltd. 3751 Japan Asia Group Limited 4779 SOFTBRAIN Co.,Ltd. 3844 COMTURE CORPORATION 4801 CENTRAL SPORTS Co.,LTD.
    [Show full text]
  • Contact Us Will Strengthen the Entire Industry
    Kentucky Will Help You Succeed Support for growing businesses Think Horsepower. Kentucky strives to be a strategic partner with every Kentucky company to facilitate growth. Not only does that include providing assistance during location or expansion plans, but also along every step of the journey that follows. Kentucky offers the resources to help companies strengthen their businesses, whether they need workforce development assistance, export help or access to capital and new markets. As part of our partnership, we also work with companies to help them build connections with other related companies or organizations in the Commonwealth that Contact Us will strengthen the entire industry. This foresight has led Kentucky to help bring together manufacturers, suppliers, vendors and other partners to create the Kentucky Automotive Kentucky Cabinet for Economic Development Industry Association (KAIA). Old Capitol Annex | 300 West Broadway | Frankfort, KY 40601 Formed in 2014, KAIA unites these groups to share best practices, encourage (502) 564-7140 (local) (800) 626-2930 (toll-free) meaningful partnerships and discuss challenges and opportunities facing the industry. ThinkKentucky.com /ThinkKentucky @ThinkKentucky KAIA also plays a key role in other areas, including workforce development, leadership, business advocacy and branding. As a united, industry-led organization, the association is able to collectively highlight Kentucky’s automotive successes and elevate the state’s contributions to the global auto market. Our Kentucky Home Here in the Commonwealth, we offer all of the resources a business needs to get started and to thrive for years to come. Any company looking to locate or expand in Kentucky is sure to find the facilities, suppliers and partnerships needed to ensure long-term success.
    [Show full text]
  • Notice of Convocation of the 116Th Ordinary General Meeting of Shareholders of Akebono Brake Industry Co., Ltd
    [Translation for Reference Purposes Only] Please note that the following is an unofficial English translation of the Japanese original text of the Notice of Convocation of the 116th Ordinary General Meeting of Shareholders of Akebono Brake Industry Co., Ltd. The Company provides this translation for reference purposes only and without any warranty as to its accuracy or otherwise. In the event of any discrepancy between this translation and the Japanese original, the latter shall prevail. Securities Code: 7238 May 31, 2017 To Shareholders with Voting Rights Akebono Brake Industry Co., Ltd. 19-5, Nihonbashi Koami-cho, Chuo-ku, Tokyo Chairman, President & CEO Hisataka Nobumoto NOTICE OF CONVOCATION OF THE 116TH ORDINARY GENERAL MEETING OF SHAREHOLDERS Akebono Brake Industry Co., Ltd. (the “Company”) cordially invites you to attend the 116th Ordinary General Meeting of Shareholders, to be held as set forth below. If you are unable to attend the meeting in person, you can still exercise your voting rights by mail or via the Internet. Please refer to the “Exercise of Voting Rights” on page 2 and exercise your voting rights after reading the “Reference Documents for the General Meeting of Shareholders” contained herein by 5:40 p.m. June 15 (Thursday), 2017. 1. Date and Time June 16 (Friday), 2017, at 10:00 a.m. (Reception will open at 9:00 a.m.) 2. Place COREDO Muromachi 1, Nihonbashi Mitsui Hall (Reception desk: 4th floor, Meeting venue: 5th floor) 2-2-1, Nihonbashi Muromachi, Chuo-ku, Tokyo 3. Purpose of the Meeting Matters to be Reported (1) Business Report and Consolidated Financial Statements, as well as Results of the Audits of the Consolidated Financial Statements by the Independent Auditor and the Audit & Supervisory Board for the 121st Business Term (From April 1, 2016 to March 31, 2017) (2) Non-Consolidated Financial Statements for the 121st Business Term (From April 1, 2016 to March 31, 2017) Matters to be Resolved Proposal No.
    [Show full text]
  • List of Exhibitors (As of November 4, 2011)
    THE 42ND TOKYO MOTOR SHOW 2011 LIST OF EXHIBITORS (AS OF NOVEMBER 4, 2011) Passenger Cars ALPINA (Germany) MERCEDES-BENZ (Germany) AMG (Germany) MINI (U.K.) AUDI (Germany) NISSAN BMW (Germany) MITSUBISHI CITROËN (France) PEUGEOT (France) DAIHATSU PORSCHE (Germany) HONDA RANGE ROVER (U.K.) JAGUAR (U.K.) RENAULT (France) KTM (Austria) *including motorcycles SMART (Germany) LAND ROVER (U.K.) SUBARU LEXUS SUZUKI *including motorcycles LOTUS (U.K.) TOYOTA MAYBACH (Germany) VOLKSWAGEN (Germany) MAZDA Commercial Vehicles HINO MITSUBISHI-FUSO HYUNDAI (Korea) UD TRUCKS ISUZU VOLVO TRUCKS (Sweden) Motorcycles ADIVA (Italy) KYMCO(Taiwan) HONDA YAMAHA KAWASAKI Carrozzeria CAMPAGNA MOTORS (Canada) RESC D ART SMILE PARK KOWA TMSUK SUNNYSIDE GARAGE NIHON AUTOMOBILE COLLEGE TAKAYAMA CARS RADICAL SPORTSCARS (U.K.) TEAM PROMINENCE Vehicle Bodies (Indoors) KANTO AUTO WORKS TOYOTA AUTO BODY NISSAN SHATAI Vehicle Bodies (Outdoors) <JABIA Joint Exhibition> Fuji Heavy Industries Ltd. ShinMaywa Industries, Ltd. Kyokuto Kaihatsu Kogyo Co., Ltd. Sugawa Shatai Co., Ltd. Nippon Fruehauf Co., Ltd. Tadano Ltd. Nippon Trex Co., Ltd. Japan Auto-Body Industries Association Inc. Pabco Co., Ltd. Parts, Machinery and Tools Advics Co., Ltd. Kyoto Tool Co., Ltd. Ahresty Corp. Kyowa Kogyo Co., Ltd. Aisin AI Co., Ltd. MAHLE Engine Components Japan Corp. Aisin AW Co., Ltd. MAHLE Filter Systems Japan Corp. Aisin Chemical Co., Ltd. MAHLE GmbH (Germany) Aisin Seiki Co., Ltd. Maeda Metal Industries, Ltd. Aisin Takaoka Co., Ltd Matsui Universal Joint Corp. Akebono Brake Industry Co., Ltd. Midori Hokuyo Co., Ltd. Amon Industry Co., Ltd. Mikuni Corp. Anden Co., Ltd. Militec Corp. (U.S.A.) Asahi Denso Co., Ltd. Mito Tool Mfg. Co., Inc.
    [Show full text]