Aisin

Basic Information

Stock Code
7259
Industry
Transport Equipment
Category Detail
Auto Parts
Prefecture
Aichi Prefecture
Establishment Year
August 1965
Listing Year
July 1952
Official Website
https://www.aisin.com/jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Toyota Boshoku, Chuo Koken Kogyo, Toyota Industries, NTN, JTEKT, Mitsubishi Electric, TDK, Denso, Murata Manufacturing, Kanemitsu, GMB, Tanaka Seimitsu Kogyo, Musashi Seimitsu Industry, Yutaka Giken, Univance, Suzuki, Exedy, Toyoda Gosei, F.C.C., Toyota Tsusho

Overview

Aisin is a major automotive parts manufacturer founded in 1965 and part of the Toyota Group, boasting the world's top share in automatic transmissions and focusing on the development of electrification technologies.

Current Situation

Aisin recorded consolidated sales of approximately 3.9174 trillion yen and operating profit of approximately 182 billion yen in the fiscal year ended March 2022, maintaining solid performance. It holds the world's top share in drive system parts centered on automatic transmissions (AT) and is focusing on electrification businesses such as the drive unit 'eAxle' for electric vehicles. While advancing global expansion, it emphasizes technological innovation and quality control. The management integration of Aisin Seiki and Aisin AW in 2021 has strengthened its business foundation, and the introduction of a company system aims to improve business efficiency. It is pursuing sustainable management through the development of environmentally friendly products and sustainability initiatives. Future growth strategies include strengthening research and development in autonomous driving technology and electrification parts, as well as expansion into new business areas. Major shareholders include Toyota Motor Corporation and other Toyota Group companies, which is a characteristic feature providing high management stability.

Trivia

Interesting Facts

  • One of the world's leading automatic transmission manufacturers.
  • Boasts long track record as a core parts supplier for Toyota Group.
  • Received the Deming Prize in 1972, renowned for quality management.
  • Began Japan's first automatic transmission manufacturing consignment in 1961.
  • Expands beyond automotive parts to housing-related products and on-demand shuttle services.
  • Improved organizational efficiency through virtual company system within the group.
  • Has multiple subsidiaries and engages in diversified manufacturing.
  • Collaborating with multiple companies on advanced autonomous driving ECU development.
  • Operates basketball team 'Aisin Wings'.
  • Continues technological innovation, such as developing the world's first FR 10-speed AT.
  • Diversified into car navigation and car audio manufacturing.
  • Actively implements sustainability activities to reduce environmental impact.
  • Produces high-precision parts using advanced metal processing technology.
  • Stable growth backed by Toyota Group's capital and technology.
  • Deploys production bases and sales networks worldwide.

Hidden Connections

  • Accelerated overseas expansion starting from joint venture with BorgWarner, pioneering the U.S. market.
  • Jointly advancing autonomous driving technology through product development joint ventures with other Toyota affiliates.
  • Diverse subsidiaries of Aisin Group expand into fields beyond automobiles.
  • Sponsors Nagoya Grampus Eight, supporting local sports.
  • Achieves high quality and low cost through collaboration in manufacturing technology and product design.
  • Major shareholder in Toyota Motor Corporation shares, contributing to management stability.
  • Name inherited from 'Aisin Warner' era of Aisin AW.
  • On-demand shuttle service 'Choiboko' contributes to improving regional transportation.

Future Outlook

Growth Drivers

  • Rapid growth in electric and hybrid vehicle markets
  • Spread of autonomous driving technology and increasing demand for related products
  • Increasing needs for environmentally friendly products due to stricter environmental regulations
  • Expansion of demand in emerging countries in global markets
  • Promotion of technological innovation through collaboration with Toyota Group
  • Digitalization and efficiency improvements in manufacturing processes
  • Advancement of new materials and lightweight technology development
  • Brand value enhancement from rising sustainability awareness
  • New market development in diversified business areas
  • Strengthening of international regulatory compliance capabilities
  • Continuous investment in cutting-edge technologies
  • Sustainable growth through coexistence with local communities

Strategic Goals

  • Maintain and strengthen position as world's top automotive transmission manufacturer
  • Achieve over 50% sales ratio for electrification parts
  • Reduce CO2 emissions by 50% (manufacturing sites basis)
  • Establish new businesses and services with sales over 100 billion yen
  • Global expansion in autonomous driving and safety systems
  • Achieve sustainable procurement rate of over 80%
  • 20% productivity improvement through digitalization
  • Deepen diversity acceptance and work style reforms for employees
  • Achieve 60% overseas sales ratio through strengthened global expansion
  • Enhance social value through co-creation with local communities

Business Segments

Parts Supply to Automakers

Overview
Supplies high-quality parts and systems to automakers on an integrated basis.
Competitiveness
Strong ties with Toyota Group and high technological capabilities
Customers
  • Toyota Motor Corporation
  • Honda
  • Nissan
  • Suzuki
  • Overseas Automakers
Products
  • Automatic Transmission
  • Drive System Parts
  • Brake Systems
  • Seat Parts
  • Car Navigation Systems

Electrification and Environmentally Friendly Parts Development

Overview
Develops electrification parts for next-generation vehicles, contributing to reduced environmental impact.
Competitiveness
Electric drive systems leveraging automatic transmission technology
Customers
  • Electric Vehicle Manufacturers
  • Hybrid Vehicle Manufacturers
  • Automotive Parts Suppliers
Products
  • eAxle Drive Module
  • Hybrid Transmission
  • Electric Power Steering

Autonomous Driving and Safety System Development

Overview
Promotes development of autonomous driving and vehicle motion control technologies.
Competitiveness
Concentration of technological capabilities through multi-company alliance
Customers
  • Automakers
  • Automotive Parts Manufacturers
Products
  • Integrated ECU Software
  • Advanced Driver Assistance Systems (ADAS)

Casting and Metal Processing Business

Overview
Achieves high-precision parts production through advanced metal processing technology.
Competitiveness
Years of manufacturing know-how and large-scale production system
Customers
  • Automotive Parts Manufacturers
  • Machinery Parts Manufacturers
Products
  • Cast Iron Parts
  • Aluminum Die-Cast Products

Information Systems and Software Development

Overview
Develops IT systems for in-vehicle and business use.
Competitiveness
Specialized software development adapted to automotive technology
Customers
  • Group Companies
  • Automotive Industry-Related Companies
Products
  • In-Vehicle Software
  • Business IT Systems

Competitive Advantage

Strengths

  • World-leading automatic transmission technology
  • Strong collaboration with Toyota Group
  • Diversified business portfolio
  • High technological development and quality control capabilities
  • Global production and logistics network
  • Advanced electrification technology development
  • Stable financial base
  • Substantial R&D investment
  • Comprehensive integrated production system
  • Diverse product lineup
  • Strong customer base
  • Long track record in the industry
  • Environmentally considerate product rollout
  • Advanced metal processing technology
  • Advanced autonomous driving technology collaboration

Competitive Advantages

  • Global technological leadership in the industry
  • Core parts supplier within Toyota Group
  • First-mover advantage in electric vehicle compatible products
  • Leading in autonomous driving-related technologies such as integrated ECU development
  • Manufacturing capability for high-quality, multifunctional automatic transmissions
  • Comprehensive strength from diverse group affiliates
  • Long-term technological innovation and product development capabilities
  • Secured stable global production bases
  • Product design and production emphasizing sustainability
  • Long-term partnerships with major customers including Toyota Motor Corporation
  • Ongoing R&D investment backed by strong capital
  • Integrated strategy from manufacturing to sales
  • Stability and reliability in parts supply
  • Track record of introducing world-first technologies ahead of competitors
  • Diversity in product lineup spanning multiple fields

Threats

  • Rapid progress in electrification changing parts configurations
  • Intensifying competition leading to increased price pressure
  • Risk of impact from global semiconductor shortages
  • Rising product development costs due to stricter environmental regulations
  • Market fragmentation from new entrants
  • Risk of dependence on Toyota Group
  • Supply chain disruptions from geopolitical risks
  • Profit instability from exchange rate fluctuations
  • Uncertainty in global economic outlook
  • Risk of lagging in new technology adoption competition
  • Intensifying competition for talent in labor market
  • Risk of raw material price fluctuations

Innovations

2021: Management Integration of Aisin Seiki and Aisin AW

Overview
Strengthened business foundation through management integration of both companies, accelerating group-wide growth.
Impact
Doubled sales and employee numbers, creating synergy effects.

2022: Enhanced Development of eAxle Drive Unit for Electric Vehicles

Overview
Advancing development of electric drive modules to improve competitiveness in the EV market.
Impact
Expansion of EV-related product sales and increased market share.

2023: Joint Development of Integrated ECU Software for Autonomous Driving

Overview
Started technology development for autonomous driving integrated ECU through four-company collaboration with J-QuAD DYNAMICS.
Impact
Strengthened competitiveness in next-generation automotive technologies.

2024: Establishment of Carbon Neutral Promotion Center

Overview
Established dedicated department to reduce environmental impact and promote decarbonization technology development.
Impact
Improved corporate environmental responsiveness and ESG ratings.

2022: Development of FR 10-Speed Automatic Transmission

Overview
Developed world's first FR 10-speed AT, achieving high efficiency and comfortable driving.
Impact
Significant boost in product competitiveness.

2023: Advancement of Automation in Advanced Metal Processing Technology

Overview
Utilizing AI and robots to improve manufacturing process efficiency and quality.
Impact
Cost reduction and quality stabilization.

2024: Expansion of On-Demand Shuttle Service 'Choiboko'

Overview
Regional rollout and technological improvements for business aimed at enhancing local transportation convenience.
Impact
Improved social evaluation and creation of new business model.

2020: Development of New Platform for In-Vehicle Infotainment

Overview
Renewed multifunctional car navigation system to improve usability.
Impact
Increased user satisfaction.

2021: Completion of Transition to Company System Across the Group

Overview
Implemented organizational reform to enhance management efficiency and collaboration.
Impact
Faster business operations and strengthened competitiveness.

2023: Expansion of Environmentally Friendly Materials Usage

Overview
Promoting development of recycled and lightweight materials.
Impact
Improved environmental performance of products and regulatory compliance.

Sustainability

  • Establishment of Carbon Neutral Promotion Center
  • Promotion of energy-saving in manufacturing processes
  • Improvement of waste recycling rate
  • Expansion of environmentally friendly materials adoption
  • Environmental conservation activities in collaboration with local communities
  • Employee environmental education and awareness activities
  • Establishment of sustainable procurement standards
  • Promotion of green procurement
  • Reduction of environmental impact across entire product lifecycle
  • Enhanced environmental performance of electric vehicle parts
  • Introduction of energy management systems
  • Regular publication of environmental reports