toyoda gosei

Toyoda Gosei Plans Chinese Acquisition to Bolster Business for Auto Parts

Toyoda Gosei Co. Ltd. (TYO:7282) has announced that it intends to invest in Hubei Rock Rubber and Seal Technology Co. Ltd., an independent weatherstrip supplier located in central China. The move represents an effort by Toyoda Gosei to bolster its Chinese business for auto parts. In carrying out the investment, Toyoda Gosei will use its Chinese regional headquarters to acquire...

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Toyoda Gosei Settles for $59M in US Class Action Lawsuit

Toyoda Gosei Co. Ltd. (TYO:7282) recently announced that it has agreed to settle a class action lawsuit brought against the company by auto dealers and end consumers in the U.S. District Court for the Eastern District of Michigan. Toyoda Gosei will be required to pay $59 million for the settlement. Plaintiffs in the lawsuit alleged that Toyoda Gosei violated U.S....

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JRW Study: Japan’s Top 100 Rubber Firms See Rising Sales, Falling Profits for 2017

More than three-quarters of Japan’s top 100 rubber companies saw their sales rise year-on-year in fiscal 2017, an independent study by Japan Rubber Weekly has found. According to the results of this study, 79 of Japan’s top 100 firms operating in the industry reported year-on-year increases to sales, up from 48 in fiscal 2016. Double-digit sales growth was posted by...

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Toyoda Gosei Sets Up New Indian Base to Accelerate Engineering and Development

Toyoda Gosei Co. Ltd. (TYO:7282), a member of the Toyota Group, has opened a new base for Indian subsidiary Toyoda Gosei Minda India Pvt. Ltd. (TGMIN). The base is intended to handle engineering and sales matters, and is located in Gurgaon, near Delhi. Employees at the location have been tasked with developing, designing and selling a range of products –...

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Toyoda Gosei Eyes Autonomous Driving, Electrification Trends in 2025 Business Plan

Toyoda Gosei Co. Ltd. (TYO:7282) is aiming to achieve over 1 trillion yen ($9.14 billion) in sales revenue, an operating profit margin of eight percent and a return on equity (ROE) of 10 percent in a new business plan for fiscal 2025. To this end, the company intends to develop products and commercialize new technologies in response to the spread...

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Toyoda Gosei Achieves Industry-Leading Current with Vertical GaN Power Semiconductor

Toyoda Gosei Co. Ltd. (TYO:7282) has achieved a record-high current with a newly developed vertical gallium nitride (GaN) power semiconductor. GaN, which is used in the semiconductor, is also a key material in blue LEDs. Power semiconductors are widely used in power converters, with this including applications in adapters and power sources for electronic devices. However, due to the characteristics...

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