EXEDY

Basic Information

Stock Code
7278
Industry
Transportation Equipment
Category Detail
Auto Parts
Prefecture
Osaka Prefecture
Establishment Year
July 1950
Listing Year
October 1973
Official Website
https://www.exedy.com/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Chuo Koken, Unipres, NTN, Kanemitsu, GMB, Tanaka Seimitsu Kogyo, Musashi Seimitsu Industry, Yutaka Giken, Univance, Aisin, FCC, TS Tech

Overview

EXEDY is a major manufacturer of automotive clutches and torque converters based in Neyagawa City, Osaka Prefecture, founded in 1950. As a member of the Aisin Group, the company boasts high technological capabilities in the drivetrain components sector.

Current Situation

EXEDY achieved consolidated sales of approximately 308.3 billion yen and operating profit of approximately 18.3 billion yen in the fiscal year ending March 2024, maintaining a stable financial foundation. Its main products, automotive torque converters and clutches, are adopted by a wide range of automakers both domestically and internationally, boasting a high market share. With over 70 years of history since its founding, the company has a business alliance with Aisin and focuses on product development leveraging its technological strengths. Production bases are located in multiple sites in Japan as well as in North America and Asia, establishing a global supply network. It has comprehensive quality management systems, including ISO/TS16949 certification, and is working on process efficiency improvements and reduced environmental impact. In recent years, it has aimed to enhance production efficiency through the introduction of digitalization and labor-saving technologies, while also advancing research and development on components for autonomous driving and EVs. The company is actively engaged in community contributions and sports support activities, promoting sustainable business management. Moving forward, it aims to acquire new customers by responding to changes in the automotive markets domestically and abroad, while advancing growth strategies utilizing group synergies.

Trivia

Interesting Facts

  • Founded in 1950 as Daikin Seisakusho, later renamed EXEDY.
  • Has a strong long-term business alliance with Aisin Seiki (now Aisin).
  • Holds top-class share in Japan for clutch products.
  • Supplies proprietary torque converter technology to automakers domestically and abroad.
  • Known as a uniform sponsor for Iga FC Kunokuni Mie.
  • Some products supplied as high-performance parts for motorsports.
  • Holds ISO/TS16949 certification with thorough quality management.
  • Operates diverse offices and factories across Japan and overseas.
  • Founder Kazuma Adachi greatly contributed to company development.
  • Listed on the Prime Market of the Tokyo Stock Exchange, a highly trusted company.
  • Has numerous subsidiaries including Dynax.
  • Owns its own research and development center.
  • Actively engaged in environmentally friendly product development.
  • Expands products not only for automotive but also construction and agricultural machinery.
  • Website provides information in multiple languages.

Hidden Connections

  • As an Aisin group company, it has strong cooperative relationships within the automotive industry.
  • Belongs to the Sanwa Group and Midori-kai, with deep ties to major Japanese corporate groups.
  • Daihatsu Motor is among major shareholders, strengthening ties with vehicle manufacturers.
  • Deepens bonds with local communities through sports team sponsorship activities.
  • Achieves diversified business through transactions with construction and agricultural machinery manufacturers.
  • The long-standing Ueno plant is an important base contributing to the local economy.
  • Established quality system compliant with international standards through ISO/TS16949 acquisition.
  • Built wide-area sales and support network through multiple domestic sales offices.

Future Outlook

Growth Drivers

  • Increasing parts demand with expansion of electric vehicle and EV markets
  • New product development responding to autonomous driving technology
  • Strengthening global markets and acquiring new customers
  • Environmentally considerate development of energy-saving products
  • Stable growth in motorcycle market
  • Expansion of automation demand in construction and agricultural machinery
  • Promotion of smart manufacturing introduction
  • Efficiency and stabilization of domestic and international supply networks
  • Strengthening sustainability responses
  • Production innovation through digital technology utilization
  • Flexible response to diversifying customer needs
  • Synergy creation through enhanced collaborations and alliances

Strategic Goals

  • Market share expansion in drivetrain parts for electric vehicles
  • Achieve carbon neutrality through environmental impact reduction
  • Optimization and strengthening of global production system
  • Development and sales expansion of high value-added products
  • Productivity improvement through digitalization and automation
  • Revenue expansion across diverse business segments
  • Continued sustainable contributions to local communities
  • Development of new markets and customer segments
  • Expansion of R&D investment
  • Leadership in smart mobility-related technologies

Business Segments

Parts Supply to Automakers

Overview
Supplies highly reliable drivetrain components to automakers worldwide, providing consistent support from product development to mass production.
Competitiveness
Technological innovation and stable supply system through collaboration with Aisin
Customers
  • Toyota Motor
  • Honda R&D
  • Nissan Motor
  • Suzuki
  • Mazda
  • Mitsubishi Motors
  • Daihatsu Motor
  • SUBARU
  • Subaru
  • Isuzu Motors
  • Volkswagen
  • BMW Japan
  • Mercedes-Benz
  • Local production manufacturers
Products
  • Clutch systems
  • Torque converters
  • Transmission components
  • Drive shafts
  • Coupling products
  • Sensors and control components

Parts Supply to Motorcycle Manufacturers

Overview
Provides high-performance, durable clutches and related components for motorcycles, supporting safe and comfortable riding.
Competitiveness
Accumulated motorcycle-specific technology and high-quality manufacturing
Customers
  • Yamaha Motor
  • Honda Motorcycles
  • Kawasaki
  • Suzuki Motorcycles
  • Imported motorcycle dealers
Products
  • Motorcycle clutches
  • Motorcycle torque converters
  • Motorcycle drivetrain components

Parts for Construction Machinery Manufacturers

Overview
Stably supplies drivetrain components balancing durability and high performance to construction and industrial machinery manufacturers.
Competitiveness
High-reliability design adapted to harsh environments
Customers
  • Komatsu
  • Hitachi Construction Machinery
  • Caterpillar
  • Kubota
  • Other construction machinery manufacturers
Products
  • Construction machinery clutches
  • Hydraulic clutches
  • Torque converters

Drivetrain Components for Agricultural Machinery

Overview
Provides drivetrain products emphasizing work efficiency and durability for agricultural machinery.
Competitiveness
Proven track record in agricultural settings and environmental resistance
Customers
  • Yanmar
  • Kubota Agricultural Machinery Division
  • Various agricultural equipment manufacturers
Products
  • Tractor clutches
  • Torque converters
  • Drivetrain components

Aftermarket Support

Overview
Implements supply of various parts and technical support in response to repair and replacement needs.
Competitiveness
High-quality parts and extensive product lineup
Customers
  • Auto repair shops
  • Parts distributors
  • Auto parts stores
Products
  • Clutch replacement parts
  • Maintenance supplies
  • Custom parts

Electronically Controlled Products

Overview
R&D and mass production of electronically controlled drivetrain components compatible with energy saving and EV transition.
Competitiveness
Advanced know-how in clutch control
Customers
  • Automotive electronics manufacturers
  • Tractor control systems
  • EV-related suppliers
Products
  • Electronically controlled clutch systems
  • Sensors
  • Control units

International Logistics and Parts Procurement

Overview
Promotes international parts distribution and logistics efficiency using global supply network.
Competitiveness
Extensive global network
Customers
  • Overseas auto factories
  • Parts trading companies
  • Local sales agents
Products
  • Export clutch products
  • Torque converters
  • Logistics and storage services

Technology Development and Testing Services

Overview
Provides product performance evaluation and technical verification services.
Competitiveness
Years of technical accumulation and testing facilities
Customers
  • Automaker development divisions
  • After-sales service divisions
  • Third-party inspection agencies
Products
  • Clutch durability testing
  • Torque performance evaluation
  • Technical consulting

New Energy Vehicle Parts

Overview
Development and provision of energy-efficient products for next-generation vehicles.
Competitiveness
Rapid product commercialization of advanced technologies
Customers
  • Hybrid vehicle manufacturers
  • EV manufacturers
  • Automotive parts suppliers
Products
  • Electric clutches
  • EV-compatible torque converters
  • Energy-saving parts

Actuators and Control Systems

Overview
Development of parts and systems achieving advanced control of drive functions.
Competitiveness
Integration of control and drive technologies
Customers
  • Automotive parts manufacturers
  • Industrial machinery manufacturers
  • Automation equipment manufacturers
Products
  • Drive actuators
  • Control systems
  • Sensor-linked components

Competitive Advantage

Strengths

  • High technological capabilities and product quality
  • Strong business alliance with Aisin
  • Wide product lineup
  • Global production system domestically and internationally
  • Long-term market trust
  • Thorough quality management and environmental response
  • Abundant R&D resources
  • Strong brand power and market recognition
  • Stable financial foundation
  • Ability to meet diverse customer needs
  • Rapid production and supply system
  • High specialization of workforce
  • Years of industry experience
  • High customer satisfaction
  • Innovation capability

Competitive Advantages

  • Technological synergy through close collaboration with Aisin
  • Top-class manufacturing technology for automotive clutches and torque converters
  • Supply stability through global manufacturing network
  • Market responsiveness through broad product portfolio
  • Custom product development capability per customer
  • Advanced quality management and certifications
  • Product development responding to diversifying market needs
  • Stable revenue structure from solid major customer base
  • Sustained R&D investment
  • Product technology innovation for reduced environmental impact
  • Competitive edge in motorcycles and industrial machinery not offered by rivals
  • Market penetration through wide sales channels
  • Scale advantages from substantial annual sales volume
  • Enhanced brand value through sports and competition products
  • Advanced know-how in precision parts processing

Threats

  • Risk of delayed adaptation to electrification and EV shift in automotive industry
  • Intense price competition in global markets
  • Political and economic risks in overseas production countries
  • Cost pressures from supply chain disruptions and rising material prices
  • Increased burden for product compliance due to stricter environmental regulations
  • Market share pressure from technological innovations by new competitors
  • Order fluctuations from production adjustments by major customers
  • Impact of exchange rate fluctuations on performance
  • Challenges in talent acquisition and technology succession
  • Impact from supplier quality issues
  • Overseas business impact from geopolitical risks
  • Production halt risks from natural disasters

Innovations

2024: Development of Digital Control Clutch System

Overview
Developed new technology for electronically controlled clutches aimed at improving vehicle fuel efficiency and driving performance.
Impact
Contributes to higher efficiency in next-generation vehicles and strengthens competitiveness.

2023: Renewal of High-Durability Clutch Products for Motorcycles

Overview
Developed and began mass production of next-generation motorcycle clutches with improved wear resistance and feel.
Impact
Achieved competitive superiority and market share expansion in the motorcycle sector.

2022: Introduction of Environmentally Friendly Torque Converter Technology

Overview
Launched new torque converters achieving improved fuel efficiency and reduced emissions.
Impact
Contributed to strengthening the environmentally compliant product lineup.

2021: Promotion of Labor-Saving and Automation in Production Lines

Overview
Implemented automation of key processes through robot introduction, significantly improving production efficiency.
Impact
Achieved simultaneous cost reduction and quality stabilization.

2024: Development of Heat-Resistant Clutch Using High-Performance Materials

Overview
Developed clutches capable of maintaining performance in high-temperature environments using new materials.
Impact
Strengthens product competitiveness in the high-performance vehicle market.

2023: Global Production Collaboration Enhancement Project

Overview
Promoted technology sharing and production process integration among overseas bases.
Impact
Achieved improved production quality and shorter lead times.

2022: Renewal of Clutch Performance Evaluation System

Overview
Introduced AI-utilizing development performance evaluation system, shortening development periods.
Impact
Contributed to faster product development and improved quality precision.

2024: Start of EV-Compatible Clutch Technology Research

Overview
Initiated basic research on new clutch mechanisms adapted to electric vehicles.
Impact
Aims to secure competitive advantage in future EV market.

Sustainability

  • Promotion of energy-saving in production processes
  • Waste reduction and recycling rate improvement measures
  • Expansion of low-environmental-impact material adoption
  • Environmental conservation activities considering coexistence with local communities
  • Employee environmental awareness programs
  • Introduction of environmental evaluation standards for supply chain
  • Maintenance and enhancement of ISO14001 certification
  • Formulation of long-term plan toward carbon neutrality
  • Environmentally considerate product design and development
  • Energy savings through production efficiency via digitalization
  • Promotion of eco-activities in the workplace
  • Thorough compliance with environmental regulations