Aisin Seiki

Aisin Seiki Corporation
Public (TYO: 7259)
Industry Automotive
Founded 1949 as Tokai Aircraft Company
Headquarters Kariya, Aichi, Japan
Key people
 Kiichiro Toyoda: Founder Kanshiro Toyoda: Chairman Fumio Fujimori: President
Products Automotive parts
Revenue Increase¥3,243.178 billion (2016)[1]
Increase¥176.435 billion (2016)[1]
Increase¥96.974 billion (2016)[1]
Total assets Decrease¥2,864.816 billion (2016)[1]
Total equity Increase¥1,477.990 billion (2016)[1]
Number of employees
 100,000
Parent Toyota Group
Website www.aisin.com

Aisin Seiki Co., Ltd. (アイシン精機株式会社, Aishin Seiki Kabushiki Kaisha), also known as Aisin, is a Japanese corporation that develops and produces components and systems for the automotive industry. Aisin is a Fortune Global 500 company, ranked 329 on the 2018 rankings.[2] Aisin is 30% owned by the Toyota Group of companies.[3]

Aisin Seiki was founded in 1949 and supplies engine, drivetrain, body and chassis, aftermarket, and other main automotive parts for various major OEMs. In addition to partaking in the automotive markets, Aisin also offers life and amenity products (e.g. furniture and sewing machines), energy systems, welfare products, and other products/services.[4]

There are various 'brands' in the holding, spawned from the companies that received recognition in their area of specialisation:

Aisin AW

The headquarters of Aisin AW

Aisin AW is a major automotive technology manufacturer. Established in 1969, it developed the Prius transmission[5] and the world's first speaking navigation system.[6]

Additionally, the two-axis Aisin AW hybrid design has been adapted to the 2016– Prius (excepting the Prius c), and has also been employed on "Gen 1" (2005-2007) and "Gen 2" (2008-2012) Ford Escape Hybrids (Aisin T-030 and T-031 eCVTs, respectively), both FWD and AWD models, with Ford providing the Atkinson Cycle engine, hybrid battery, and all software control systems, and with Ford developing the AWD functionality; and on 2017– Chrysler Pacifica Hybrid minivans (Aisin T-032 eCVT). The two-axis design eliminates the second planetary gearset ("motor speed reduction device") found in the 2010–2015 Prius and the Prius c, and which reduces the width and weight of the eCVT and improves its overall efficiency.

It is based in Anjō, near Nagoya, Japan. Another major division is located in Okazaki.

Other global locations: Headquarters for Europe : AW Europe & AW Technical Center Europe which is located in Braine l'Alleud (Belgium) for Research and Development and in Baudour (Belgium) for the re-manufacturing of automatic transmissions/transaxles and production of electronic products.

Aisin AI

Aisin AI is an independent company under Aisin Seiki. It was spun off in July 1991, moving its headquarters to Nishio City. Aisin AI supplied only Toyota through 1996, when DaimlerChrysler and Isuzu began using their products. The company later added Mazda, Nissan, Mitsubishi Motors, General Motors, Daihatsu, Hino Motors, Fiat Automobiles, Volvo, Jeep, Porsche, and Luxgen.

Aisin USA

Aisin constructed a factory in the United States of America in 1986, with production beginning in 1989. This factory, in Seymour, Indiana has since been expanded and supplies components for Honda, General Motors, Mitsubishi Motors, Nissan and Toyota. The company also operates in Marion, Illinois.

On October 5, 2005, Aisin USA opened an 878-acre (3.55 km2) testing facility near Fowlerville, Michigan. Officially named FT Techno of America (FTTA), but known as Aisin’s Fowlerville Proving Ground, the new venture is a member of the Aisin Group, a Tier One worldwide automotive components supplier with global sales of more than US$15 billion in 2004. In Michigan, Aisin Group companies employ 554 associates, with annual payroll of US$40 million and total investments of US$102.7 million. FTTA is Aisin’s fifth group company in Michigan.

The new proving ground, Aisin’s first in North America, and third worldwide, is research and development based supporting test surfaces of various lengths and lane widths used to develop and evaluate a variety of Aisin products and applications, such as transmissions, brakes, drivetrains, and chassis and body systems and components.

Alternative propulsion products

Aisin Seiki Co products includes:

Solar cells

Aisin Seiki has worked with Toyota Central R&D Labs Inc. to develop dye-sensitized solar cells (DSC).[7]

Sponsorship

The company sponsors the Aisin SeaHorses Mikawa, 5-time champion of Japan's top professional basketball league.

Aisin AW has sponsored Japanese-American stock car racing team Hattori Racing Enterprises in the Camping World Truck Series[8] and the ARCA Racing Series.[9] HRE managed to score their first win in 2018 with Aisin AW as their sponsor.[10]

See also

References

  1. 1 2 3 4 5 "Financial Results".
  2. ↑ "Aisin Seiki". Fortune. Retrieved 2018-09-10.
  3. ↑ "Stock Information & Ratings". Retrieved 2016-11-29.
  4. ↑ "AISIN - Products - Group Companie's Products". Retrieved 2009-10-09.
  5. ↑ "Major product information : Hybrid Transmission | Drivetrain Products". Aisin AW Co., Ltd. Retrieved 2016-04-04.
  6. ↑ "Car Navigation System | Information Products". Aisin AW Co., Ltd. Retrieved 2016-04-04.
  7. ↑ "Dye solar cell". École Polytechnique Fédérale de Lausanne. 2013-05-03. Retrieved 2013-08-17.
  8. ↑ "10/29/2016 race: Texas Roadhouse 200 (Truck) - Racing-Reference.info". racing-reference.info. Retrieved 2017-05-17.
  9. ↑ "09/13/2008 race: Eddie Gilstrap Motors 200 by Advance Auto Parts (ARCA) - Racing-Reference.info". racing-reference.info. Retrieved 2017-05-17.
  10. ↑ "Moffitt takes wild Truck win at Atlanta after drama for Kyle Busch". Motorsport.com. Retrieved 2018-02-25.
  • Aisin Japanese site, Aisin English site, Aisin Worldwide site, Aisin Europe site, Aisin AW, and Aisin Aftermarket Europe
  • "Company history books (Shashi)". Shashi Interest Group. April 2016. Wiki collection of bibliographic works on Aisin Seiki
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