July 18, 2007 - Yachiyo Industry Co., Ltd., a Honda consolidated subsidiary in Japan, today announced it has determined to acquire the land adjacent to its Yokkaichi Factory to build a new production facility in the effort to further strengthen its mini-vehicle business.
The purpose of the land acquisition is to establish the optimal production system for mini-vehicles, including engines and parts, in order to further improve the competitiveness of mini-vehicles that the company produces.
Although the detailed plans are yet to be finalized, the company plans to begin with the establishment of an engine assembly facility, which will enable the company to achieve synchronous production of automobiles including the engine and the complete automobile, which in turn will help the company improve the efficiency of production and logistics.
【About Yachiyo Industry Co., Ltd.】
Established: | August 1953 |
Capital: | JPY 3,685.6 million (50.34% Honda Motor Co., Ltd.) |
Location: | Saitama (Sayama) |
Representative: | Motoastu Shiraishi, President & CEO |
Business activities: | Production and sales of motorcycle parts and automobile parts, Production of automobiles (Honda's mini-vehicles: Life, Zest, Vamos, Vamos Hobio, Acty Truck, Acty Van) |
Major operations: | <Japan> Saitama (Sayama), Shizuoka (Hamamatsu), Mie (Suzuka, Yokkaichi, Kameyama), Tochigi (Sakura) <Overseas> U.S.A., Canada, Thailand, Vietnam, China |
Consolidated employment: | 6,408 associates |
Consolidated net sales: | JPY 353,083 million (fiscal year ended March 31, 2007) |
Ordinary profit: | JPY 9,861 million (fiscal year ended March 31, 2007) |
<Factories in Japan>
Location | Major Production Items | |
Kashiwabara Factory | Sayama | <Automobile parts> fuel tank, sun roof, stamped metal parts, plastic parts (instrument panel, bumper, etc) |
Suzuka Factory Suzuka plant |
Suzuka | <Automobile parts> fuel tank, stamped metal parts, plastic parts (instrument panel, bumper, etc) |
Suzuka Factory Kameyama plant |
Kameyama | <Automobile parts> fuel tank, repair parts |
Suzuka Factory Hamamatsu plant |
Hamamatsu | <Motorcycle parts> Engine parts, fuel tank, etc |
Yokkaichi Factory | Yokkaichi | Automobiles (Honda's mini-vehicles) Stamped metal parts for automobiles |