Fujikura Composites

Basic Information

Stock Code
5121
Industry
Rubber Products
Category Detail
Rubber & Rubber Products
Prefecture
Tokyo
Establishment Year
April 1920
Listing Year
April 1949
Official Website
https://www.fujikuracomposites.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Kuriyama Holdings, Showa Holdings, Asahi Rubber, Fukoku, Nitta, Sakura Rubber, Sumitomo Riko, Mitsuboshi Belting, Bando Chemical, Asia Pile, Shinagawa Refra, Suzuki, NOK

Overview

Fujikura Composites is a core company of the Fujikura Group, founded in 1920, primarily manufacturing a wide range of rubber products from industrial rubber to sporting goods.

Current Situation

Fujikura Composites recorded consolidated sales of approximately ¥32 billion and net assets of approximately ¥23.8 billion for the fiscal year ended March 2020, maintaining a stable financial base. Its main businesses span diverse fields such as industrial rubber products, disaster prevention equipment, and carbon shafts for golf clubs, with multiple production bases both domestically and internationally. In technology development, it focuses on manufacturing high-performance products like automotive airbag components and rescue equipment, while strengthening collaboration with the Fujikura Group. On the environmental front, it is working to improve manufacturing process efficiency and comply with environmental standards at overseas factories, promoting sustainable business operations. Looking ahead, it will accelerate global expansion and new material development as pillars of its growth strategy, aiming to increase the overseas sales ratio and drive technological innovation by 2030. In recent years, it has expanded its business foundation through absorptions, mergers, and the establishment of overseas subsidiaries, differentiating itself from competitors by providing differentiated products.

Trivia

Interesting Facts

  • Established in 1920, a long-standing rubber products manufacturer with a track record in aircraft parts production since before the war
  • Holds high evaluation and market share domestically and internationally for golf carbon shafts
  • Products range from disaster prevention goods to precision industrial uses, demonstrating broad technological capabilities
  • Collaborates with sister company Fujikura Kasei to advance proprietary material development
  • Global expansion with subsidiaries in China, Vietnam, and the US
  • Early promotion of environmentally compatible products, attracting attention in the industry
  • Historical pioneer as a manufacturer of ship lifesaving devices
  • Started with rubber-coated fabric production at founding
  • Handles ABS parts and airbag products due to evolution in manufacturing technology
  • High social trust as a major supplier of life jackets and lifeboats
  • Entered sports goods field and developed new markets for functional materials
  • Reorganizing domestic production bases to promote efficient operations
  • Holds an important position within the Fujikura Group
  • Pursues innovation while upholding over 100 years of tradition
  • Capable of handling everything from parts manufacturing to OEM supply

Hidden Connections

  • Strengthening composite material development through technological collaboration within the Fujikura Group
  • Holds top domestic market share in lifesaving gear for fire and disaster prevention agencies
  • Carbon shaft technology supported by many professional golfers and used in international competitions
  • Local corporations in China and Vietnam also contribute to local industrial development
  • Industrial parts supplied to diverse industries including automotive, construction machinery, and electronics
  • Possesses high-quality manufacturing capabilities compliant with Japan's domestic disaster prevention product standards
  • Caravan mountaineering shoes have strong support among outdoor enthusiasts
  • Has an in-house engineering center leading product development

Future Outlook

Growth Drivers

  • Enhanced overseas production bases for improved cost competitiveness
  • Expanding demand for higher functionality and diversification of industrial rubber products
  • Increasing demand for safety-focused disaster prevention and rescue equipment
  • Demand growth from technological innovation in golf equipment market
  • Market share expansion through strengthened development of environmentally friendly products
  • Optimization of global supply chain
  • Improved production efficiency through digital technology utilization
  • Recovery of parts demand for automotive industry domestically and internationally
  • Advancement of product development to meet stricter regulations
  • New market development through advanced engineering technology
  • Increasing use of sustainable materials
  • Growing demand for related products due to heightened disaster awareness

Strategic Goals

  • Increase overseas sales ratio to over 30%
  • Achieve 50% ratio of low-environmental-impact products
  • Maintain top 3 global position in golf shaft market
  • Strengthen development of new materials and composite products
  • Promote DX in production processes and smart factory transformation
  • Establish sustainable procurement system
  • Expand market share in disaster prevention and lifesaving equipment domestically and internationally
  • Strengthen employee technical training and talent development
  • Improve cost efficiency and profit margins
  • Expand community contribution activities

Business Segments

Industrial Rubber Products Segment

Overview
Manufactures rubber parts for industrial machinery. High performance and durability are strengths.
Competitiveness
Custom product provision for a wide range of industrial applications
Customers
  • Automotive manufacturers
  • Construction machinery manufacturers
  • Industrial machinery manufacturers
  • Various manufacturing industries
Products
  • Anti-Vibration Rubber Pads
  • Conveyor Belts
  • Hydraulic Hoses
  • Industrial Rubber Sheets

Automotive Rubber Parts Segment

Overview
Supplies automotive safety parts with maintained high quality.
Competitiveness
Strict quality control focused on safety
Customers
  • Domestic and international automotive manufacturers
  • Automotive parts suppliers
Products
  • Airbag Rubber Parts
  • Anti-Vibration Mounts
  • Hoses

Sports Goods Segment

Overview
Provides high-performance sports goods led by Fujikura Shafts.
Competitiveness
Industry-leading technology and brand recognition
Customers
  • Golf equipment distributors
  • Sports shops
  • Specialty stores
Products
  • Golf Carbon Shafts

Disaster Prevention and Rescue Equipment Segment

Overview
Manufactures and supplies highly reliable lifesaving and disaster prevention products.
Competitiveness
Long years of disaster prevention equipment manufacturing technology and reliability
Customers
  • Shipbuilders
  • Local governments
  • Disaster prevention-related companies
Products
  • Life Jackets
  • Lifeboats
  • Life Rafts

Parts for Printing and Pneumatic Control Equipment Segment

Overview
Supplies a variety of rubber-related parts for industrial machinery.
Competitiveness
Customized products supported by advanced technology
Customers
  • Printing equipment manufacturers
  • Factory equipment manufacturers
Products
  • Printing Rubber Rollers
  • Pneumatic Hoses

Competitive Advantage

Strengths

  • Diverse product lineup
  • Stable capital base from the Fujikura Group
  • High technological capabilities and years of manufacturing know-how
  • Production bases deployed domestically and internationally
  • Strong brand recognition and customer trust

Competitive Advantages

  • Proprietary high-performance rubber product development capabilities
  • Top brand in the golf carbon shaft industry
  • High-quality product provision in rescue equipment field
  • Multinational expansion and local response in global markets
  • Customization capabilities to meet diverse industrial needs

Threats

  • Risk of fluctuations in raw material prices
  • Price competition with competitors in overseas markets
  • Increased production costs due to stricter environmental regulations
  • Technological challenges from rapid advances in new materials
  • Uncertainty in global economic conditions and foreign exchange risks

Innovations

2022: Development of Environmentally Friendly Rubber Materials

Overview
Developed new rubber materials using recyclable raw materials.
Impact
Achieved both reduced environmental impact and product performance.

2023: Launch of New High-Durability Golf Shaft Model

Overview
Launched carbon shafts with enhanced repulsion and wear resistance.
Impact
Widely supported by pros and amateurs, contributing to sales growth.

2021: Mass Production Start of New Rubber Parts for Automotive Airbags

Overview
Began supplying parts using new materials that enhance safety and durability.
Impact
Expanded orders from major customers and increased market share.

2024: Promotion of Digitalization at Overseas Production Bases

Overview
Initiatives to improve production efficiency through factory automation and IoT.
Impact
Succeeded in reducing production costs and stabilizing quality.

Sustainability

  • Improved waste recycling rate at factories
  • Active development of low-environmental-impact products
  • Strengthened compliance with environmental and labor standards at overseas bases
  • Promotion of energy-saving activities within the company
  • Enhanced environmental verification of the supply chain