AISIN - News Releases - Business Strategies

Aisin Takaoka Co., Ltd. Will Establish a New Production Company in Kumamoto to Produce Iron Casting
(Nov. 20, 2007)

Aisin Takaoka Co., Ltd.

Aisin Takaoka Co., Ltd. (President: Toshiyuki Ishikawa; Headquarters: Toyota, Aichi) will establish a new company, AT Kyushu Co., Ltd., in Nankan-machi, Tamana-gun, Kumamoto Prefecture, for manufacturing cast iron parts.

In response to the favorable production plans of customers and business expansion both domestically and overseas in recent years, Aisin Takaoka is actively implementing plant restructuring and strengthening capacity at three domestic plants and 23 domestic/overseas consolidated subsidiaries.

The Company is placing particular emphasis on strengthening production capacity of its mainstay iron casting business primarily at overseas bases. These measures are aimed at establishing a supply structure with a total capacity of 1 million tons annually for Japan and overseas in 2010.

In order to establish a global supply structure as well as to diversify the risk of a higher concentration of manufacturing in Aichi, Aisin Takaoka will establish a new production company in Kumamoto where resources can be secured along with logistic advantages both in terms of environmental and cost aspects.

The new company will carry out integrated manufacturing from casting to processing mainly of disc rotors for automobiles. AT Kyushu aims to become a top manufacturer in the material processing field in the Kyushu region, which is trusted by customers and the local community.

Aisin Takaoka will continue to undertake efforts in further expanding its iron casting business as well as other businesses by improving its global supply structure in Japan, North America, China, ASEAN and other areas.

An outline of the new production company is as follows.

1.	Company name:	AT Kyushu Co., Ltd.
2.	Establishment:	Late January 2008 (scheduled)
3.	Location:	Nankan-machi, Tamana-gun, Kumamoto Prefecture
4.	Capital:	490 million yen
5.	Ownership:	100% owned by Aisin Takaoka Co., Ltd.
6.	Representative:	(Scheduled to be appointed as of January 1, 2008 following personnel and organizational changes of Aisin Takaoka Co., Ltd.)
7.	Plant area:	Land – approximately 94,000 square meters Building site – approximately 15,000 square meters
8.	Manufactured products:	Cast iron parts (disc rotors, etc.)
9.	Start of production:	May 2008: Machining production to commence December 2008: Casting production to commence (scheduled)
10.	Sales:	Approximately 3.6 billion yen (projected for fiscal 2010)
11.	Number of employees:	Approximately 110 (projected for fiscal 2010)
12.	Investment:	Approximately 5 billion yen including buildings and equipment

[Reference]
Outline of Aisin Takaoka Co., Ltd.

(Figures are as of March 31, 2007)

Company name	Aisin Takaoka Co., Ltd.
Establishment	March 8, 1960
Location	1 Tennoh, Takaokashin-machi, Toyota, Aichi, 473-8501 Japan
Capital	5,396 million yen
Representatives	Toshiyuki Ishikawa
Net Sales	Consolidated: 228.2 billion yen Non-consolidated: 149.5 billion yen
Employees	Consolidated: 12,249 Non-consolidated: 2,907
Main business	Iron and aluminum casting, machining and metal forming mainly of automotive parts as well as production and sale of audio products, soundproofing materials and soil fertilizing materials