News
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.