IMASEN continues to diversify its products to meet the increasing and sophisticated needs

-

Imasen Electric Manufacturing Co., Ltd. is an automobile parts manufacturer headquartered in Inuyama, Aichi Prefecture.
IMASEN continues to diversify its products to meet the increasing and sophisticated needs
The company produces seat adjusters for automobiles as its main product and has been supplying products mainly to Japanese manufacturers such as Honda, Nissan Motor, Fuji Heavy Industries and Mitsubishi Motors.
IMASEN continues to diversify its products to meet the increasing and sophisticated needs
It also supplies electronic units which are essential parts to control electronic devices and auto parts such as horns and lamps.
Recent business results are fairly strong. For the fiscal year ending March 2019, net sales increased 1.1% to ¥ 118,579 million, operating income increased 14.0% to ¥ 3,740 million, and ordinary income increased 8.5% to ¥ 3,691 million. 
In the core auto parts related business, production decreased in North America due to sluggish sales of vehicles which use parts Imasen supplies but increase of production in Japan and China contributes strong sales and incomes compared to the previous year.
The company is working on labor saving and quality improvement by automation using robots and cameras.
It integrated production system from molding to assembly by concentrating the lamp business to the Okayama plant as a restructuring of the domestic business.
In the global strategy it has expanded Wuhan plant in China with the aim of increasing production and strengthening cost competitiveness in order to optimize overseas bases.
To expand its production area beyond automobile segment, it developed a walk support aircraft, aLQ in June 2017 targeting the elderly as the main customer.
IMASEN continues to diversify its products to meet the increasing and sophisticated needs
A spring attached to the waist stretches and contracts in accordance with the movement of the foot during walking and helps to swing the foot forward.
This new product was developed in collaboration with Nagoya Institute of Technology aiming at maintaining the health of elderly people.
Since its founding as a horn manufacturer in 1939, Imasen continues to diversify its products and nowadays it provides a variety of products using its high technology that respond to the sophisticated needs of car users and increasing needs of aging society.

Comments

Post a Comment

Popular posts from this blog

Food and Drinks: Kaiten-sushi serves fresh and high quality of seafood

-
Image
Conveyor belt sushi , also known as Kaiten-sushi is a semi-self-service type, inexpensive sushi restaurant where small plates bringing various types of sushi on them are continuously circulated on chain conveyors installed along the seats.  Fresh and well-made sushi can be enjoyed for relatively cheap prices there. Plates typically come with one or two sushi pieces each and customers pick up plates they like. Customers can also place orders through a touch screen at each table when sushi they like is not available on conveyor belts.  Those Sushi are usually served on plates with several colors showing their prices ranging from 100 yen to around 500 yen. Some restaurants set the same price for all plates. The lowest price for a plate is usually 100 yen. That is why Kaiten-sushi is often called "100 yen sushi" and very popular among Japanese. Customers are given their bills from a staff who counts plates when they finish eating. Kaiten-sushi has grown thanks to technologie...
Read more

Investing in Japan: Menicon, a leading Japanese contact lens manufacturer, aims overseas market expansion

-
Image
Menicon secured profit growth amid COVID-19 disruptions Menicon Co., Ltd. is a leading contact lens manufacturer in Japan founded in 1951, headquartered in Nagoya. It consistently develops, manufactures and sells contact lenses and related products in-house. To date, Menicon has developed various types of contact lenses such as hard lenses, soft lenses, disposables (disposable), lenses for astigmatism and bifocal lenses. It has the No. 1 market share for hard lenses and the No. 2 market for soft lenses in Japan.  As for the recent consolidated financial results, Menicon announced that net income for the fiscal year ended March 31, 2020 was 4 billion yen, up 14% from the previous year. While the sales and profits of most Japanese companies fell sharply due to the spread of new coronavirus infections, Menicon increased its sales by 4.5% from the previous year to 84.5 billion yen, a record high for the fifth consecutive year since listing of its stock. On the other hand, the earning...
Read more

Investing in Japan: Toyota shows its strength shrugging off pandemic damage and semiconductor shortage

-
Image
COVID-19 cases rise in Japan amid state of emergency, Tokyo Olympics and Paralympics to be downsized The Japanese government has decided to add three prefectures to its state of emergency as coronavirus cases continue to rise.   Prime Minister Yoshihide Suga said on May 14 that he decided to expand a COVID-19 state of emergency covering Tokyo and other areas to three more prefectures as infections continue to surge ahead of the Summer Olympics.  Starting on May 15, it will cover Hokkaido, Okayama and Hiroshima in an effort to curb infections and ease the strain on medical systems. The government will also designate three more prefectures as areas where intensive virus measures should be taken which is often called “Manbou”, acronym in Japanese for quasi-emergency to contain the virus.  Daily new cases have been on the rise nationwide in recent weeks reaching more than 6,000 for the fourth straight day as of May 14. The recent spike in new cases forces the organizers of ...
Read more