July 28, 2017 8:09 AM ET

Auto Components

Company Overview of YAZAKI Corporation

Company Overview

YAZAKI Corporation manufactures and distributes automotive components. Its products include wire harnesses, such as in-vehicle network systems and high voltage power distribution systems; and meters, such as steering column-interlocked, sporty, electroluminescence panel, liquid crystal panel, and instrument and heads-up displays. The company also offers charging connectors; electric wires; gas equipment; air-conditioning equipment; solar equipment; and in-vehicle safety and service systems, such as tachograph, taximeter, drive recorder, and telematics solutions. It offers its products worldwide. YAZAKI Corporation was formerly known as Yazaki Densen Kogyo K.K. and changed its name to YAZAKI ...

17th Floor

Mita-Kokusai Bldg.

4-28 Mita 1-chome

Minato-ku

Tokyo,  108-8333

Japan

Founded in 1941

Phone:

81 33 455 8811

Fax:

81 33 455 8808

Key Executives for YAZAKI Corporation

President
CEO, President & COO - Yazaki North America Inc
President of Component Business Unit and Executive Vice President of Yazaki North America Inc
President of General Motors Business Unit and Executive Vice President of Yazaki North America Inc
President of DaimlerChrysler Business Unit and Executive Vice President of Yazaki North America Inc
Compensation as of Fiscal Year 2017.

YAZAKI Corporation Key Developments

The Australian Competition and Consumer Commission Appeals Yazaki Corporation Penalty Decision

The Australian Competition and Consumer Commission has appealed the recent decision of the Federal Court imposing a penalty of $9.5 million against Yazaki Corporation for collusive conduct. The ACCC submitted to the Court that Yazaki should be ordered to pay a penalty of between $42 million and $55 million, to reflect both the size of Yazaki's operations and the very serious nature of its collusive conduct. The ACCC has also appealed an earlier finding by Justice Besanko that Yazaki's subsidiary, Australian Arrow Pty Ltd, did not give effect to the collusive arrangements made by Yazaki in 2003 and 2008. The appeal will be heard on a date to be fixed by the Full Federal Court.

Yazaki to Close its Apia Factory Amid Car Industry Woes

Yazaki has announced its Apia factory will close with the loss of 740 jobs. Yazaki blamed knock-on effects from the shutdown of Australia's car industry for the closure, which will be completed by the end of 2017.

Yazaki to Launch Construction of BGL 45.5 Million Auto Parts Plant in Bulgaria in July 2016

Yazaki announced that it will start building its third auto parts plant in Bulgaria in July 2016 and is expected to complete it within a year. The company will invest BGL 45.5 million in the new plant, which will be built on an area of 64,000 sq m near the town of Dimitrovgrad, southeastern Bulgaria, and will have a built-up area of 30,000 sq m. The new plant will create around 3,000 jobs. Yazaki Bulgaria plans to launch a pilot plant in October 2016, which will employ 250 people.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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