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April 02, 2018

Toyoda Gosei to Merge Manufacturing Subsidiaries in East China

Kiyosu, Japan, April 2, 2018: Toyoda Gosei Co., Ltd. will merge its two manufacturing subsidiaries in East China, Toyoda Gosei (Zhangjiagang) Co., Ltd. and Toyoda Gosei (Zhangjiagang) Plastic Parts Co., Ltd.

These two companies, both established in 2003, produce safety systems and interiors & exteriors, respectively. The merged company will continue under the name Toyoda Gosei (Zhangjiagang) Co., Ltd. With the merger, Toyoda Gosei aims to improve its management efficiency.

 

Summary of merged companies

  Continuing company Absorbed company
Name Toyoda Gosei (Zhangjiagang) Co., Ltd. Toyoda Gosei (Zhangjiagang) Plastic Parts Co., Ltd.
Location 113, Zhonghua Road, Zhangjiagang Free Trade
Zone, Jiangsu Province, China
111, Zhonghua Road, Zhangjiagang Free Trade
Zone, Jiangsu Province, China
Capital 21 million USD 23 million USD
Date
established
October 2003 November 2003
Shareholders Toyoda Gosei Co., Ltd. 100% Toyoda Gosei Co., Ltd. 96.10%
Kanto Kasei Co., Ltd.    3.90%
Business
activities
Manufacture and sales of safety systems Manufacture and sales of interiors and exteriors

 

After merger (scheduled for end of July 2018)

Name Toyoda Gosei (Zhangjiagang) Co., Ltd.
Location 113, Zhonghua Road, Zhangjiagang Free Trade
Zone, Jiangsu Province, China
Capital 44 million USD
Shareholders Toyoda Gosei Co., Ltd. 97.95%
Kanto Kasei Co., Ltd. 2.05%
Business
activities
Manufacture and sales of safety systems,
interiors and exteriors

 

 


 

About Toyoda Gosei

Established in 1949 and headquartered in Kiyosu, Aichi Prefecture, Japan, Toyoda Gosei is a leading specialty manufacturer of rubber and plastic automotive parts and LEDs. Today, the Toyoda Gosei Group provides a variety of high-quality products internationally, with a network of approximately 100 plants and offices in 18 countries and regions. Through its flexible, integrated global supply system and leading-edge technologies for automotive safety, comfort, and environmental preservation, Toyoda Gosei is a global supplier that aims to deliver the highest levels of quality, innovation, and satisfaction to customers worldwide.

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