TS TECH CO. LTD

TS TECH CO. LTD Overview

Company Headquarters: Japan

Founded: 1960

Workforce: ~~17,000

Company Working:

TS TECH CO. LTD designs, manufacturers, and sells seats for automobiles, interior trim and interior components for automobiles, motorcycle seats, and motorcycle parts and accessories.

The company has 68 manufacturing facilities and 46 subsidiaries located in 14 countries such as US, Canada, Brazil, China, Philippines, Indonesia, Thailand, and India. Suzuki Motor Corporation, Honda Motor Company, Kawasaki Heavy Industries, Ltd., Harley-Davidson, Inc., PARAMOUNT BED CO. LTD, and Yamaha Motor Co. Ltd are some of the customers of the company.

Strategy

TS Tech Co. Ltd focuses on maintaining its position in the market while upgrading its products to confront the stringent safety regulatory network across the globe. Its R&D team is working for the development in seat with safety technology, which protects passengers from the impact of collisions in case of an emergency Furthermore, it has been working with vehicle OEMs to develop seat products that are more comfortable, lightweight, durable, and safe. The company has also been focusing on expansion as a strategy by collaborating with various automotive component manufacturers.

Company Snapshot

$3,885.7M

Revenue

17,000

Employees

1960

Founded

Japan

Headquarters

SWOT Analysis

Strengths

Strong revenue generation in recent years
High investments in research and development
Diversified product portfolio

Weaknesses

Less revenue generation from motorcycle segments

Opportunities

Strategic alliances in Asia-Pacific, especially in China
Scope for development of seat and seat headrests with evolution of electrical components with respect to electric vehicle

Threats

Fluctuating import duties
Stringent state and international regulations towards automobile safety

Product Offering

TS TECH CO. LTD
- Automobiles

Financial Performance

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