Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. Toyoda Gosei Co., Ltd.
  6. News
  7. Summary
    7282   JP3634200004

TOYODA GOSEI CO., LTD.

(7282)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Toyoda Gosei : Enhances Production Capacity in China for Car Safety-Related Products

04/23/2021 | 12:01am EDT

Toyoda Gosei Co., Ltd.’s (TOKYO:7282) subsidiary in China, Toyoda Gosei (Zhangjiagang) Co., Ltd. (TGZH), has started production of millimeter wave compatible emblems and airbag inflators to meet the growing demands for these products in the world’s largest automotive market.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210422005033/en/

Millimeter wave compatible emblem (Photo: Business Wire)

Millimeter wave compatible emblem (Photo: Business Wire)

Millimeter wave compatible emblems allow the passage of millimeter wave radar that senses the situation around vehicles. These emblems are used for autonomous driving, and so are increasingly being adopted. Demand for inflators is also rising with the growing production of airbags in response to stricter safety regulations around the world. In China, these products were previously all procured from suppliers and Toyoda Gosei Group companies in other countries, but now production has started locally at TGZH. This will help the Toyoda Gosei Group to enhance its price competitiveness and supply capacity.

TGZH has the capacity to produce approximately 600,000 millimeter wave compatible emblems and approximately 2.3 million inflators* annually.

China is a market of focus for Toyoda Gosei and the company continues to supply automakers there with high-quality products that support safety.

*Toyoda Gosei Group mainly purchases inflators from Daicel Corporation and Nippon Kayaku Co., Ltd. while producing some in-house.

Outline of TGZH

Company name

Toyoda Gosei (Zhangjiagang) Co., Ltd.

Founded

October 2003

Location

113, Zhonghua Road, Zhangjiagang Free Trade Zone, Jiangsu Province, China

Capital

USD 51.09 million

Area

Land: Approx. 180,000 m2

Building: Approx. 51,000 m2

Products

Safety systems, interiors and exteriors etc.

No. of employees

833 (as of March 31, 2021)

 


ę Business Wire 2021
All news about TOYODA GOSEI CO., LTD.
06/18TOYODA GOSEI CO : Announcement of Management and Organizational Changes
AQ
06/15TOYODA GOSEIá : Starts Sample Shipments of e-Rubber “Smart Insoles”
BU
06/11TOYODA GOSEIá : to Launch UVC Personal Space Disinfector and Deodorizer
BU
05/17TOYODA GOSEIá : Starts Operation of New Plant in Mexico
BU
05/12TOYODA GOSEIá : Summary of Consolidated Financial Results for the Fiscal Year En..
PU
04/28TOYODA GOSEIá : Announces Proposal to Close its UK Manufacturing Facilities Reor..
AQ
04/23TOYODA GOSEIá : Enhances Production Capacity in China for Car Safety-Related Pro..
BU
04/12TOYODA GOSEIá : to Exhibit at Auto Shanghai 2021
AQ
04/09TOYODA GOSEIá : Sets Medium and Long-term Targets for Achieving Carbon Neutralit..
AQ
04/05TOYODA GOSEIá : Sets Medium and Long-Term Targets for Achieving Carbon Neutralit..
BU
More news
Financials
Sales 2021 734 B 6 661 M 6 661 M
Net income 2021 23 769 M 216 M 216 M
Net Debt 2021 20 816 M 189 M 189 M
P/E ratio 2021 14,8x
Yield 2021 2,16%
Capitalization 349 B 3 164 M 3 165 M
EV / Sales 2021 0,50x
EV / Sales 2022 0,47x
Nbr of Employees 39 403
Free-Float 52,9%
Chart TOYODA GOSEI CO., LTD.
Duration : Period :
Toyoda Gosei Co., Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TOYODA GOSEI CO., LTD.
Short TermMid-TermLong Term
TrendsNeutralBearishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 3 335,71 JPY
Last Close Price 2 695,00 JPY
Spread / Highest target 44,7%
Spread / Average Target 23,8%
Spread / Lowest Target 3,90%
EPS Revisions
Managers and Directors
NameTitle
Toru Koyama President & Representative Director
Naoki Miyazaki Chairman
Masaki Oka Director, GM-Accounting & Information Technology
Sojiro Tsuchiya Independent Outside Director
Kimio Yamaka Independent Outside Director
Sector and Competitors
1st jan.Capitalization (M$)
TOYODA GOSEI CO., LTD.-10.02%3 259
DENSO CORPORATION22.61%54 815
APTIV PLC13.03%40 937
CONTINENTAL AG3.11%30 131
MAGNA INTERNATIONAL INC.26.71%27 576
HYUNDAI MOBIS CO.,LTD12.33%23 378