AISIN Group companies announce management integration of consolidated subsidiaries
Oct. 31, 2018
Aisin Seiki Co., Ltd. and its consolidated manufacturing subsidiaries of automatic and manual transmissions, Aisin AW Co., Ltd. (AW) and Aisin AI Co., Ltd. (AI-A), respectively, announced today a basic agreement of management integration between AW and AI-A effective April, 2019.
AISIN Group introduced a virtual company (VC) system in April, 2017, to bring together a collaborative structure in order to combine individual assets and improve competitiveness, while utilizing the strengths and expertise of each group company.
While the global automotive industry continues to undergo major changes with a push toward electrification, AISIN Group strives to build a more competitive powertrain business by integrating the two companies in the Powertrain VC, with a target of overall optimization and efficiency in the transmission business.
The entire Aisin Group will continue with united efforts to respond flexibly to the changing needs of society and further strengthen its competitiveness.
|Name||Aisin AW Co., Ltd.||Aisin AI Co., Ltd.|
|Head Office||10 Takane, Fujii-cho, Anjo, Aichi, Japan||1 Shiroyama, Ojima-Cho, Nishio, Aichi, Japan|
|Establishment||May 1969||July 1991|
|Capital||26.48 billion yen (JPY)||5 billion yen (JPY)|
|President||Kazuhisa Ozaki||Masayasu Saito|
|Employees||18,817 (as of March 31, 2018)||2,112 (as of March 31, 2018)|
|Main Products||Automatic transmissions|
Car navigation systems
Transfer case for four-wheel drive vehicles
Transmission parts (gear and case)