Investment in New Hot Forming and Hot Rolling Company in China
February 7, 2014
Our group will invest in a new company for hot forming and hot rolling, which is to be established in China by Kotani Corporation (located in Kasai City in Hyogo Prefecture, Japan).
Our aim is to expand business in the car parts market in China, which is expected to show continued growth in the future.
| 1 | Name | Kotani (Zhangjiagang) Precision Forging Co., Ltd. | |
|---|---|---|---|
| 2 | Location | Zhangjiagang, Jiangsu, People’s Republic of China | |
| 3 | Business purpose | Manufacture of car parts and manufacture of bearing parts | |
| 4 | Capital | Amount equivalent to 1.5 billion Japanese yen | |
| Kotani Corporation | 86.0% | ||
| Okaya & Co., Ltd. | 7.0% | ||
| Okaya (Shanghai) Co., Ltd. | 3.5% | ||
| OKAYA (Guangzhou) Co., Ltd. | 3.5% | ||
| 5 | Establishment | January 2014 | |
| 6 | Begins operation | March 2016 (scheduled) | |
| 7 | President | Hisamichi Inoue (Director of Kotani Corporation) | |
| 8 | President and CEO | Kenji Ohno (Director of Kotani Corporation) | |
| 9 | Employees | 24 (scheduled for 2016) | |
| 10 | Sales plan | FY 2016: JPY 300 million FY 2017: JPY 1.7 billion FY 2018: JPY 3 billion |
|
For reference
Kotani Corporation
| - | Location | Kasai City, Hyogo Prefecture |
|---|---|---|
| - | Representative | Masahiro Kotani, President |
| - | Business purpose | Manufacture and processing of closed and open die forgings such as mission gear blanks and bearing races for cars |
| - | Capital | JPY 300 million |
| - | Establishment | June 1974 |
Investment in New Hot Forming and Hot Rolling Company in China(85KB)
