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Native name | 株式会社アイシン |
|---|---|
Romanized name | Kabushiki gaisha Aishin |
| Company type | PublicK.K. |
| TYO:7259 NAG:7259 | |
| Industry | Automotive |
| Founded | 1949; 76 years ago (1949) (as Aichi Industries) |
| Founder | Kiichiro Toyoda |
| Headquarters | , Japan |
Key people | |
| Products | Automotive parts |
| Revenue |  ¥3.917 Trillion (Fiscal Year Ended March 31, 2022)[1] |
| ¥182.011 Billion (Fiscal Year Ended March 31, 2022)[1] | |
| ¥157.011 Billion (Fiscal Year Ended March 31, 2022)[1] | |
| Total assets | ¥4.205 Trillion (Fiscal Year Ended March 31, 2022)[1] |
| Total equity | ¥1.996 Trillion (Fiscal Year Ended March 31, 2022)[1] |
| Owners |
|
Number of employees | 117,177 (as of March. 31, 2022) |
| Website | aisin |
| Footnotes / references [2][3][4] | |
Aisin Corporation (株式会社アイシン,Kabushiki gaisha Aishin) is a Japanese corporation that develops and produces components and systems for the automotive industry. Aisin is aFortune Global 500 company, ranked 359 on the 2020[update] rankings.[5] Aisin is a member of theToyota Group of companies.
Aisin was founded in 1965[2] and suppliesengine,drivetrain, body andchassis,aftermarket, and other automotive parts for theToyota Motor Corporation and other various majorOEMs.
In addition to automotive products, Aisin also offers life and amenity products (such assewing machines[6] and, from 1966 to 2020,mattresses[7][8]),cogeneration andheat exchange systems,[9] and welfare products,[10] among others.[11]
The company traces its origins to 1943, when Tokai Aviation Industries (東海航空工業,Tōkai Kōkū Kōgyō) was founded as a joint venture between theToyota Motor Corporation andKawasaki Aircraft Industries to produce aircraft engines for theImperial Japanese Army Air Service. The company was quickly renamed Tokai Airplane Industries (東海飛行機工業,Tōkai Hikōki Kōgyō) after it was discovered that there was a pre-existing company with the same name.[12]
After the war, Tokai renamed itself Aichi Industries (愛知工業,Aichi Kōgyō), and shifted production from aircraft parts to sewing machines and automobile parts. In 1965, Aichi Kogyo merged with auto parts manufacturer Shinkawa Kogyo新川産業 to form Aisin Seiki Co., Ltd. (アイシン精機株式会社,Aishin Seiki Kabushiki gaisha).[2]
In October 2019, Aisin Seiki announced that it would merge with subsidiary Aisin AW, consolidating management and renaming the company.[13] Effective April 1, 2021, the combined company was officially renamed Aisin Corporation.[14]
Aisin AW was Aisin Seiki's subsidiary buildingautomatic transmissions. It was originally established in 1969 as Aisin-Warner, a joint venture withBorgWarner. In 1981, BorgWarner reduced its equity in Aisin-Warner to 10%,[15] and by 1987 had divested themselves of the remainder. Aisin-Warner was renamed Aisin AW in 1988, and merged withparent company Aisin Seiki in 2021.
Aisin AW developed theToyota Prius transmission[16] and the world's first speaking navigation system.[17] Additionally, its two-axiselectric continuously variable transmission has been adapted to Prius models (except thePrius C) from 2016 onward, the 1st-generation (2005–2007) and 2nd-generation (2008–2012)Ford Escape Hybrid, and theChrysler Pacifica Hybrid from 2017 onward. The two-axis design eliminates the secondplanetary gearset used in the 2010–2015 Prius and Prius c, which reduces the width and weight of the eCVT and improves its overall efficiency.
Aisin AW was based inAnjō, with another major division located inOkazaki. Two European divisions, AW Europe & AW Technical Center Europe, were located inBraine-l'Alleud (forresearch and development) andBaudour (for theremanufacturing of automatic transmissions andtransaxles, and the production of electronic components).
Aisin AI was an Aisin Seiki subsidiary spun off in July 1991 to producemanual transmissions andtransfer cases, moving its headquarters toNishio. Until 1996, Aisin AI only client was Toyota; thenDaimlerChrysler andIsuzu began using its products. The company later began supplying products to other companies worldwide.
Aisin AI was consolidated into Aisin AW in 2019.[18]
Aisin constructed a factory in theUnited States in 1986, with production beginning in 1989. This factory inSeymour, Indiana has since been expanded and supplies components forHonda,General Motors,Mitsubishi,Nissan, andToyota. Another factory was built inMarion, Illinois. On October 5, 2005, Aisin USA opened an 878-acre (3.55 km2)testing facility nearFowlerville, Michigan. The facility, which is Aisin's first inNorth America and third worldwide, is officially named FT Techno of America (FTTA), but is also known as the Fowlerville Proving Ground.[19] FTTA is Aisin's fifth group company in Michigan.
In 2009, the North American division and its companies were placed under a newly created entity named Aisin World Corporation of America, which was structured so that Toyota,Mitsui, and the American branch ofHino have majority ownership of Aisin's North American operations.
BluE Nexus is ajoint venture company established by Aisin andDenso in April 2019 to build powertrain systems forelectric vehicles. Both Aisin and Denso are members of theToyota Group and theToyota Motor Corporation has a 10% stake in the company. The main product from BluE Nexus is the e-Axle, which integrates an electric motor, gears and inverter. BluE Nexus will also market the hybrid drive systems produced by Aisin AW.
IMRA (Institut Minoru de Recherche Avancée) is aresearch organization founded in 1986 inSophia Antipolis, France.[20] It has three entities based in Europe, US, and Japan, which have become the key power of Aisin group to conduct R&D and offer technological consulting. The American division, IMRA America, was founded in 1990 inAnn Arbor, Michigan.[21] IMRA mainly conducts research on biomedical, battery and producesfemtosecond lasers.[21]
The company sponsors theSeaHorses Mikawa, the 5-time champions of theJBL Super League, and has sponsoredToyota Gazoo Racing Europe since 2012.[22]
Aisin AW currently sponsorsAustin Hill in theNASCARCamping World Truck Series andXfinity Series. Hill drives the #61Toyota Supra and #16Toyota Tundra forHattori Racing Enterprises. HRE's first win came atAtlanta Motor Speedway withBrett Moffitt, whose truck was also sponsored by Aisin, in 2018.[23] HRE and Moffitt also won theCWTS championship that same year.[24] Aisin AW also sponsored the team in theARCA Menards Series.[25]
