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 1 Sep 2006

Establishment of Automotive Parts Manufacturing Company in Shiga

Toyota Boshoku Corporation (Headquarters: Kariya-city, Aichi, Japan President: Shuhei Toyoda) announced the establishment of a new automotive parts manufacturing company, Toyota Boshoku Shiga Corporation, located in Koka city, Shiga prefecture, Japan. This new company will manufacture automotive filter and power train components, interior components, and exterior components.


After the merger in October 2004, Toyota Boshoku has promoted reorganization of plants in Japan to optimize production efficiency. The new company is established for the purpose to correspond to the expansion of Daihatsu Motor Co., Ltd. business. Also, to improve the service toward the customer and to reduce logistics cost by producing near the customer.


This new company is the first production site, mainly manufactures the variety of plastic molding products only for Daihatsu Motor Co., Ltd. The production starts from August 2007 and delivers to Shiga Plant, Kyoto Plant, Ikeda Plant and Nishinomiya Parts Center of Daihatsu Motor Co., Ltd.


<The outline of a new company>
1. Company Name: TOYOTA BOSHOKU SHIGA CORPORATION
2. Date established: September 2006 (Plan)
3. Location: Minakuchi Industrial Estate
Minakuch cho, Koka city, Shiga prefecture, Japan
4. Capital: 240 million yen
5. Invetment: Toyota Boshoku Corporation 100%
6. President: Etsuro Hori
(General Manager of Toyota Boshoku Corporation)
7. Products: - Filter and Power Train Components
Plastic Intake Manifolds, Plastic Cylinder Head Covers, Air Cleaners
- Interior Components
Plastic components such as Floor Carpets, Door Trims
- Exterior Components
Replacement Bumpers
8. Start of operation: August 2007 (Plan)
9. Sales: Approximately 5 billion yen (Fiscal year 2008)
10. Number of associates: Approximately 200
11. Investment: Approximately 5 billion yen
12. Lot size: 75,000 square meters
13. Building size: 25,000 square meters


<The outline of equity participant>
1. Company Name: TOYOTA BOSHOKU CORPORATION
2. Location: 1-1, Toyoda-cho, Kariya, Aichi, Japan
3. Capital: 8.4 billion yen
4. President: Shuhei Toyoda
5. Business operations: -Development of automotive interior systems; manufacture and sales of automotive interior products.
- Manufacture and sales of automotive filters and power train components.
- Manufacture and sales of other automotive components.
- Production and sales of fabric goods.
6. Consolidated sales: 877.596 billion yen (Fiscal year ended March 2006)
7. Date Established: May,1950
8. Number of associates: Approximately 6600 (Fiscal year ended March 2006)
9. Fiscal year Ends March 31
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