KYB Corporation (7242) Stock Price

Kayaba is a corporate group consisting of 32 subsidiaries and 7 affiliated companies that manufactures and sells hydraulic shock absorbers and hydraulic equipment. The business is divided into three segments: Automotive Components (AC), Hydraulic Components (HC), and Aircraft Equipment.

In the AC segment, Kayaba manufactures hydraulic shock absorbers and hydraulic equipment for four-wheeled vehicles, selling to automakers and the aftermarket. The company also manufactures hydraulic shock absorbers for two-wheeled vehicles and supplies them to motorcycle manufacturers. Kayaba provides logistics and service offerings with extensive operations both domestically and internationally.

In the HC segment, Kayaba manufactures industrial hydraulic equipment and sells to construction machinery manufacturers. The company conducts manufacturing and sales both domestically and internationally, with notable expansion in the Chinese market. It also oversees affiliated companies, supporting global business operations.

In the Aircraft Equipment segment, Kayaba manufactures and sells landing gear, steering devices, and control systems for aircraft. This positions the company as an important player in the aviation industry. Leveraging advanced technical capabilities, Kayaba provides highly reliable products.

In the Special Vehicles segment, Kayaba manufactures special-purpose vehicles and sells them through exclusive distributors. This enables the company to meet specific customer needs and respond to diverse market demands. Through business diversification, Kayaba has built a stable revenue foundation.

Kayaba aims for sustainable growth and enhanced corporate value while meeting stakeholder expectations. The company is strengthening corporate governance by building a swift and efficient management structure and establishing fair and transparent oversight functions.

In its 2023 mid-term management plan, Kayaba has adopted the slogan "Mastering Quality Management" and is reinforcing its management foundation through Total Quality Management (TQM). The company is prioritizing improved profitability, new product launches in electrification, investment in growth areas, and governance enhancement.

As a growth strategy, Kayaba is establishing a shock absorber production facility in India to expand OEM business for Japanese, foreign, and local manufacturers. The company is also strengthening global cost competitiveness and maintaining and expanding its aftermarket business.

In the Automotive Components business, Kayaba is developing new products to address vehicle electrification and automation. Through expanding its electronic control product lineup and advancing steer-by-wire system technology, the company aims to improve profitability and meet stakeholder needs.

In the Hydraulic Components business, Kayaba is enhancing the competitiveness of existing products and accelerating market entry of new technologies and products. The company is establishing development systems for electrification and automation products to create future core business offerings.

In the Special Vehicles business, Kayaba continues providing products tailored to customer needs and is developing EV-compatible mixer trucks that achieve zero CO2 emissions and low noise. This approach addresses social challenges while diversifying the business.

As Kayaba approaches its 90th anniversary in 2025, the company is charting a growth strategy toward its 100th anniversary. It will continue to address vehicle and construction machinery electrification and automation, pursue new product development and market entry, and strengthen sustainability initiatives.