H-One

Basic Information

Stock Code
5989
Industry
Metal Products
Category Detail
Auto Parts
Prefecture
Saitama Prefecture
Establishment Year
April 1939
Listing Year
September 1994
Official Website
https://www.h1-co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Alpha, Metal Art, G-TECT, Kitagawa Iron Works, Sankura Kogyo, EFTEC, Mitsuba, Endo Seisakusho

Overview

H-One is a major automotive parts manufacturer founded in 1939, with body frame metal parts primarily for Honda Motor affiliates as its mainstay, and extensive production bases both in Japan and overseas, making it a stable manufacturer.

Current Situation

H-One recorded consolidated net sales of approximately 170.6 billion yen and net assets of approximately 75.6 billion yen for the fiscal year ended March 2022, maintaining a stable financial base. Its mainstay is press processing of automotive body frame parts and motorcycle parts, with strong trading relationships centered on the Honda Group. It has production bases overseas in China, Thailand, Mexico, Indonesia, and other locations, establishing a global supply system. In recent years, it has focused on die welding equipment manufacturing, promoting advanced manufacturing technology and quality improvement. Emphasizing sustainability, it is engaged in reducing environmental impact and contributing to local communities. Moving forward, it aims to strengthen competitiveness through product diversification and technological innovation in response to electrification and lightweighting needs in the automotive industry. It is also focusing on enhancing collaboration within and outside the company and improving production efficiency to accelerate medium- to long-term growth.

Trivia

Interesting Facts

  • Began die welding equipment manufacturing in 1985 during the Hirata Press Kogyo era.
  • Maintains long-term relationship as a major parts supplier to Honda Motor Co., Ltd.
  • Operates over 15 factories and development centers domestically and internationally.
  • Possesses technology to provide custom-designed parts for diverse vehicle models.
  • Plays a role in the global automotive parts supply chain.

Hidden Connections

  • Closely collaborates with technology partners like G-TECT and EFTEC to maintain market superiority.
  • Builds a global production and supply network through subsidiaries in Thailand and Mexico.
  • Honda Motor Co., Ltd. holds a 21.33% stake, exerting strong influence.
  • Expands technology into defense sector through aircraft parts business.

Future Outlook

Growth Drivers

  • Expansion of demand for electric vehicle-related parts
  • Increase in global automotive production
  • Investment in advanced processing technology
  • Market expansion for sustainable products
  • Sales growth in Asian emerging markets

Strategic Goals

  • Achieve net sales over 200 billion yen
  • 70% or more of products environmentally compliant
  • Overseas sales ratio of 40% or more
  • Promote factory automation using AI and IoT
  • Expand ratio of new development products to over 30%

Business Segments

Automotive Parts Manufacturing

Overview
Provides high-precision metal pressed parts and welding equipment to the automotive industry, building a stable supply system.
Competitiveness
Long-term stable transactions centered on Honda Group and high manufacturing technology capabilities
Customers
  • Honda Motor Co., Ltd. (Honda)
  • Toyota Motor Corporation
  • Nissan Motor Co., Ltd.
  • Automotive manufacturers for export
  • Automotive parts wholesalers
  • Motorcycle manufacturers
  • Automotive repair shops
  • Overseas automotive production sites
  • Automotive OEM businesses
  • Automotive design firms
Products
  • Body frame hinges
  • Metal brackets
  • Foot pegs
  • Body joint parts
  • Reinforcing plates
  • Motorcycle parts
  • Pressed parts
  • Welding die equipment
  • Welding robots
  • Metal fasteners

Aircraft Parts Manufacturing

Overview
Develops and manufactures high-quality, durable metal processed parts in the aircraft sector.
Competitiveness
Advanced technological capabilities meeting strict aircraft quality standards
Customers
  • Domestic aircraft manufacturers
  • Overseas aircraft parts suppliers
  • Defense industry-related companies
  • Aircraft maintenance companies
  • High-precision processing manufacturers
Products
  • Fuselage parts
  • Wing support brackets
  • Lightweight composite parts
  • High heat-resistant parts
  • Safety-related metal parts

Industrial Machinery Parts Supply

Overview
Stably supplies high-precision, durable metal parts for industrial machinery.
Competitiveness
Processing technology adaptable to diverse industries and quality control capabilities
Customers
  • Industrial machinery manufacturers
  • Welding equipment manufacturers
  • Manufacturing equipment manufacturers
  • Precision tool manufacturers
  • Industrial machinery maintenance services
Products
  • Press machine parts
  • Welding machine parts
  • Precision shafts
  • Various industrial brackets
  • High-durability fasteners

Automotive Repair Parts Sales

Overview
Provides high-quality replacement parts for automotive and motorcycle repairs.
Competitiveness
Capable of stably supplying OEM-quality repair parts
Customers
  • Automotive dealers
  • Automotive repair shops
  • Car accessory specialty stores
  • Used car dealers
  • Automotive users
Products
  • Door hinge replacement parts
  • Repair brackets
  • Fasteners
  • Various repair plates
  • Repair welding equipment

Welding Equipment Manufacturing and Sales

Overview
Develops and sells equipment utilizing the latest welding technology.
Competitiveness
Customization technology tailored to customer needs and skilled engineering team
Customers
  • Automotive manufacturers
  • Parts manufacturers
  • Industrial machinery manufacturers
  • Die manufacturers
  • Metal processors
Products
  • Die welding robots
  • Precision welding tools
  • Automatic welding systems
  • Welding jigs
  • Welding inspection equipment

Overseas Production and Sales Support

Overview
Supports global business through local procurement and support systems at overseas bases.
Competitiveness
Multi-country production coordination capabilities and locally focused sales strategies
Customers
  • Local automotive manufacturers
  • Overseas consolidated subsidiaries
  • Overseas parts wholesalers
  • Overseas production sites
  • International logistics providers
Products
  • Locally produced automotive parts overseas
  • Local repair parts
  • Export product management
  • Technical support services
  • Local quality control

Technology Development and Prototyping Support

Overview
Provides prototyping and technical support services for new product development.
Competitiveness
Abundant technical know-how and possession of cutting-edge prototyping equipment
Customers
  • In-house development division
  • External design firms
  • New material manufacturers
  • Prototype processors
  • Advance development projects
Products
  • Prototype pressed parts
  • New material compatible parts
  • Prototype welding equipment
  • Development jigs
  • Evaluation and inspection services

Environmentally Friendly Products Supply

Overview
Develops energy-saving and recyclable products using environmentally considerate materials and technologies.
Competitiveness
Technological development capabilities corresponding to environmental regulations and high-quality production systems
Customers
  • Environmentally focused automotive manufacturers
  • EV manufacturers
  • Industrial machinery environmental divisions
  • Energy-saving equipment manufacturers
  • Recycling companies
Products
  • Lightweight parts
  • Low environmental impact material products
  • Energy-saving parts
  • Recycled material parts
  • Environmentally friendly welding equipment

Safety Function Parts Supply

Overview
Supplies high-quality safety-related parts for automobiles and motorcycles.
Competitiveness
Manufacturing management and technological capabilities compliant with strict safety standards
Customers
  • Automotive safety device manufacturers
  • Safety testing and certification companies
  • Safety parts sellers
  • OEM safety installation companies
  • Secondary processors
Products
  • Airbag fittings
  • Seat belt metal parts
  • Impact-absorbing brackets
  • Crash safety frames
  • Safety test parts

OEM Manufacturing Support

Overview
Supports OEM manufacturing across the board and builds long-term relationships through technical assistance.
Competitiveness
Comprehensive contracting system with thorough quality and delivery management
Customers
  • Major automotive manufacturers
  • Motorcycle brands
  • Special vehicle manufacturers
  • Parts specialty wholesalers
  • Overseas OEM businesses
Products
  • Bulk supply of metal pressed parts
  • Welding process subcontracting
  • Quality inspection guarantees
  • Logistics support
  • Customized parts manufacturing

Maintenance and Repair Services

Overview
Provides maintenance, repairs, and technical support for customer equipment to improve operational rates.
Competitiveness
Rapid response and extensive engineering network
Customers
  • Manufacturing maintenance divisions
  • Equipment management companies
  • Automotive repair shops
  • Overseas factory support
  • Small-scale manufacturers
Products
  • Welding equipment maintenance
  • Parts replacement services
  • Technical guidance
  • Maintenance contracts
  • Training programs

Competitive Advantage

Strengths

  • Stable customer base centered on Honda
  • Extensive domestic and international production network
  • High press and welding processing technology
  • Diverse product portfolio
  • Quality control and R&D capabilities

Competitive Advantages

  • Improved production efficiency through proprietary die welding equipment
  • Diversified business including aircraft parts
  • Cost competitiveness through optimized global production
  • Strong ties with Honda Group
  • High-precision metal processing technology and extensive know-how

Threats

  • Changes in parts demand due to automotive electrification
  • Geopolitical risks at overseas production sites
  • Fluctuations in raw material prices
  • Competitors' technological innovations and price competition
  • Cost increases from stricter environmental regulations

Innovations

2024: Introduction of High-Efficiency Die Welding Robots

Overview
Renewed in-house die welding robots, significantly improving production efficiency and precision.
Impact
15% reduction in production costs, stabilization of product quality

2023: Development of Lightweight Parts for EVs

Overview
Developed and launched lightweight body parts using aluminum and composites.
Impact
Expansion of new sales, strengthened environmental response

2022: Strengthening of Global Overseas Production System

Overview
Established new overseas bases, enhancing local production capacity.
Impact
Shortened delivery times and improved cost competitiveness

2021: Introduction of Advanced Quality Control System

Overview
Successfully reduced defect rates by introducing AI-based inspection system.
Impact
8% improvement in yield rate

Sustainability

  • Promotion of CO2 emission reduction plans in manufacturing processes
  • Improvement of waste recycling rates
  • Expansion of switch to energy-saving equipment
  • Participation in local community environmental conservation activities
  • Strengthening environmental management in the supply chain