With an aim to further strengthen the ongoing cooperative relationship in automobile interior business, Toyota Boshoku Corporation, Autoneum and Nihon Tokushu Toryo Co., Ltd. have signed a joint venture agreement to undertake noise and vibration (NV) evaluation and analysis of automobile interior systems. The parties have agreed to establish a joint venture in the beginning of 2018 in order to further deepen their ongoing cooperative business relationship. Using the buildings and equipment of Toyota Boshoku's Oguchi Plant, the new company will be engaged in NV evaluation and analysis of automobile interior and exterior systems for Toyota Motor Corporation and other automotive related companies, along with advanced development of the systems. The new company will merge the parties' high level of technological development capabilities so that it will be entrusted with NV evaluation and analysis based on manufacturers' trust. The JV is named as ATN Auto Acoustics Inc. and will be located in Aichi-prefecture, Japan (Toyota Boshoku's Oguchi plant).

JPY 100 million would be the capital invested with investment ratios as Toyota Boshoku 49%, Nihon Tokushu Toryo 26%, Autoneum 25%. There would be 4 executives, with Toyota Boshoku 2, Nihon Tokushu Toryo 1, Autoneum 1.