KYB CORPORATION Overview
Company Headquarters: Japan
Founded: 1948
Workforce: ~14,500
Company Working: KYB Corporation manufactures and sells shock absorbers, hydraulic equipment, and system products. It operates through the following segments: Automotive Components, Hydraulic Component, System Products, and Others. The Automotive Components segment includes front forks, oil cushion units, stay dampers, shock absorbers, suspension systems, power steering systems, vane pumps, and locks. The Hydraulic Component segment consists of cylinders, valves, oil dampers, shock absorbers, pumps, motors, and aircraft systems. The System Products segment produces simulators, stage, and auditorium control systems. The others segment is composed of environmental equipment, electronics, simulators, specially-equipped vehicles, concrete mixer trucks, naval equipment, and hydraulic systems.
Strategy
KYB Corporation follows an organic growth strategy. The company aims to increase its market dominance in the aftermarket segment, which is the company’s stronghold. KYB Corporation also aims to get leaner as an organization through the streamlining of multiple business processes in a singular region. To this effect, the company merged its wholly-owned subsidiaries in China in 2015 and began the contemplation of restructuring its business in Japan. Hydraulic Component (HC) form about 60% of the group’s revenue and the company aims to diversify its revenue streams to weather upcoming market changes
