Month: May 2020
Asset Performance
Asset Performance
*1 Shareholder’s equity = Net asset – Warrants – Minority interest
*2 Equity ratio = Shareholder’s equity / Total Assets
*3 D/E ratio = Interest-bearing Debt / Shareholder’s equity
*4 ROE = Net Income / Shareholder’s equity
*5 ROA = Net Income / Total Assets
Transition of Total Assets and Shareholder’s equity and Equity ratio
Unit:Millions of yen, %
Transition of Interest-bearing Debt and D/E ratio
Unit:Millions of yen, ratio
Transition of ROE
Unit:%
Transition of ROA
Unit:%
Top Messages
Top Messages
Advanex’s management philosophy is to become a company of value to society by creating new value. In other words, we must fulfill not only the actual needs of societies and users, but also latent demands (undiscovered needs that exist at the root) by making full use of Advanex’s know-how in precision metal processing, skilled craftsmanship, and proposal-based sales. We also aim to contribute to the sustainability of society by creating new value.
Our medium-term goal is to become a leading company in precision metal processing. A leading company means “the world’s largest company that possesses unique technologies and realizes all kinds of challenges.” We will develop our management philosophy worldwide by extending our long-established “artisan’s technology” to our global network, which is the most extensive in the precision metal processing industry.
September 24, 2020
Seiya Kato
Representative Director, President
Advanex Inc.
Company Outline
Company Outline
Company name | Advanex Inc. |
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Established | November 1946 |
Capital | 100million yen |
Address | Tabata-Asuka Tower, 6-1-1 Tabata, Kitaku, Tokyo 114-8581, Japan |
Representative | Eitaro Asada, Representative Director, Chairman and CEO |
Outline of Business | The manufacture and sale of precision springs. |
Number of employees | Consolidated: 1,920 Non-consolidated: 364 (as of March 31, 2024) |
Net sales | Consolidated: 26,549 million yen Non-consolidated: 9,985 million yen (April 1, 2023- March 31, 2024) |
Stock listing | Standard Division of Tokyo Stock Exchange (stock code: 5998) |
Number of Consolidated subsidiaries | 14. Asia 10, North America 2, Europe 2 |
Contact | E-mail: info@advanex.co.jp Phone number: (03) 6853-0111 Administration Department |
Company History
Company History
April 1930 | Mr. Inokichi Kato, who was our first president, founded the spring factory in 1 Sakai, Edogawa-ku, Tokyo. |
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November 1946 | Incorporated as KATO SPRING WORKS CO., LTD. and founded the head factory in Sekimachi, Nerima-ku, Tokyo. |
December 1963 | Moved the head factory to 1-1-3 Tabata, Kita-ku. (new factory: 2,224m2) |
May 1964 | Listed on Second section of Tokyo Stock Exchange. |
May 1971 | Established KATO SPRING OF CALIFORNIA,INC. (the present Advanex Americas,Inc.) |
November 1976 | Established the head factory in Kashiwazaki, Niigata. |
January 1978 | Established KATO SPRING (SINGAPORE) PTE. LTD. (the present Advanex (Singapore) Pte.Ltd.) |
March 1986 | Established a new factory in Onomachi, Fukushima. (Closed in 6/2009) |
September 1988 | Established KATO PRECISION (U.K.) LIMITED |
October 1993 | Purchased SENIOR ENTEX LTD and changes its name to KATO-ENTEX LIMITED |
August 1994 | Established KATO PRECISION (HONG KONG) LIMITED (the present Advanex (Hong Kong) Ltd.) |
July 1996 | Moved the Headquarter to 6-1-1 Tabata, Kita-ku, Tokyo. |
July 1996 | Established Strawberry Corporation |
January 1998 | Established KATO SPRING (THAILAND) LTD. (the present Advanex (Thailand) Ltd.) |
January 2001 | Established KATO SPRING (SHANGHAI) CO. LTD. (the present Advanex (Shanghai) Inc.) |
July 2001 | Changed the corporate name to ADVANEX INC. |
October 2001 | Strawberry Corporation was listed on JASDAQ. (Delisted in 10/2011) |
December 2002 | Established ADVANEX PRECISION COMPONENTS (DONGGUAN) CO., LTD. (the present Advanex (Dongguan) Inc.) |
January 2003 | Established ADVANEX PRECISION COMPONENTS (DALIAN) CO., LTD. (the present Advanex (Dalian) Inc.) |
March 2004 | Listed on first section of Tokyo Stock Exchange. |
June, 2006 | Established KATO SPRING (VIETNAM) LTD. (the present Advanex (Vietnam) Ltd.) |
October 2007 | Acquired Daiichi Kasei Holdings Co., Ltd. (100%) |
October 2008 | Established a new factory in Nakatsu, Oita. |
May 2009 | Established a new factory in Minamitsugaru, Aomori. |
October 2010 | KATO PRECISION (U.K.) LIMITED and KATO-ENTEX LIMITED merged and changed to Advanex Europe Ltd. |
February 2012 | Strawberry Corporation changed its name to Advanex Motion Design Inc. |
January 2013 | The establishment of a subsidiary in Changzhou |
April 2014 | Funabashi Electronics Co.,Ltd. became a wholly owned subsidiary of Advanex Inc. |
Mar 2015 | Advanex Inc. transferred 100% of its stock in Daiichi Kasei Holdings Co., Ltd., to Abico Group of Taiwan |
Mar 2015 | Established factories in Chiba and Miyagi |
Jan 2016 | Established a new factory in Saitama |
Feb 2016 | Established Advanex Deutschland GmbH. |
Oct 2016 | Acquired Electronic Stamping Corporation’s Business |
Dec 2016 | Acquired PT. Yamakou Indonesia.(100%) |
Sep 2017 | Established Advanex (India) Private Limited. |
Nov 2017 | Established Advanex Czech Republic s.r.o. |
Oct 2018 | Established Advanex de Mexico S. de R.L. de C.V. |
Headquarters and Factories
Headquarters and Factories
Headquarters
- Asuka Tower Bldg. 6-1-1 Tabata, Kita-ku, Tokyo 114-8581, Japan
- TEL:+81-3-3822-5860
- Map
- 2 minutes walk from the North Exit of JR Tabata Station.
Niigata Factory
- 1355 Nishioki, Fujii, Kashiwazaki-shi, Niigata, 945-0193
- TEL:+81-257-24-2141 FAX:+81-257-23-8193
- Map
- 5 minutes by car from the Exit of Kashiwazaki I.C. on Hokuriku Expressway.
10 minutes by taxi from Kashiwazaki Station on JR Shinetsu-honsen / Echigosen line.
Saitama Factory
- 156-1, Shimonodo, Honjo, Saitama, 367-0063
- TEL:+81-495-27-5600 FAX:+81-495-27-5620
- Map
- 10 minutes by car from the Exit of Honjo-Kodama I.C. on Kanetsu Expresway.
15 minutes walk after getting off at Jinbohara station on JR Takasaki line.
15 minutes by taxi from Honjo-Waseda station on JR Joetsu Shinkansen line.
Oita Factory
- 850 Ueno, Nakatsu-shi, Oita, 879-0103, Japan
- TEL:+81-979-33-1884 FAX:+81-979-33-1887
- Map
- 10 minutes by car heading for Nakatsu from the exit of Usa I.C. on Usabeppu expressway.
7 minutes by taxi from JR Imazu station, 25 minutes by taxi from JR Nakatsu station on Nippo-Honsen.
5 minutes walk after getting off at Tobinaga bus stop by limousine bus for Nakatsu station departing from Oita airport.(1hour 10 minutes from Oita airport)
Aomori Factory
- 56-4 Higashinakano, Maedayashiki, Inakadatemura, Minamitsugaru-gun, Aomori, 038-1144, Japan
- TEL:+81-172-58-3284 FAX:+81-172-58-3561
- Map
- 10 minutes by car from the Exit of Kuroishi I.C. on Tohoku Expressway.
15 minutes by taxi from Hirosaki Station on JR Ouu-honsen line.
30 minutes by taxi from Aomori airport.
Chiba Factory
- 2-10-1, Sakae-machi, Funabashi-shi, Chiba, 273-0018, Japan
- TEL:+81-47-431-5072 FAX:+81-47-433-2688
- Map
- 10 minutes by car from the Exit of Ichikawa I.C. on Minami-kanto Expressway.
10 minutes by car from the Exit of Funabashi I.C. on Keiyo Expressway.
15 minutes by taxi from Futamatashimmachi Station on JR Keiyo line
The Way of Group Management
The Way of Group Management
Our way of group management is not to have the headquarters take the lead in conceiving of ideas and management methods and then enforcing these on the subsidiaries to attain a uniform level. In contrast, the ADVANEX style is to share problems as issues facing the entire group, find optimal solutions after due deliberation, and implement this as best practice for the group as a whole.
The general managers in many of our oversea subsidiaries are local people. There is no reason for that general management should be a Japanese. General manger should be the most eligible person as the top of the company, even if he or she is a Japanese, local person or a person from the other countries.
Going forward, we will follow this fundamental stance to implement “autonomous networked management” while aiming for further growth.
Tsuneo Shibano
President & CEO
Advanex Inc.
Group Companies
Group Companies
Japan
Advanex Inc.
Tabata Asuka Tower 6-1-1 Tabata, Kita-ku, Tokyo 114-8581, Japan
Phone: +81-3-3822-5860 Fax: +81-3-5815-7881
Website: http://www.advanex.co.jp
Funabashi Electronics Co., Ltd.
2-10-1 sakae-cho, Funabashi-shi, Chiba Pref., 273-0018, Japan
Phone: +81-47-431-5072 Fax: +81-47-433-2688
Americas
Advanex Americas, Inc.
5780 CERRITOS AVENUE,
CYPRESS, CALIFORNIA 90630, U.S.A
Phone: +1-714-995-4519 Fax: +1-714-995-7294
Website:
http://www.advanexusa.com
Advanex de Mexico S. de R.L. de C.V.
Parque Industrial FINSA 1 Carretara Estatal 100Km 2.565 Business Center Ⅱ, Suite #2 El Marques, Queretaro, Mexico
Phone: +52-442-404-9700
Europe
Advanex Europe Ltd.
MILL PARK WAY. OFF STATION ROAD, SOUTHWELL,
NOTTINGHAMSHIRE, NG25 0ET, U.K.
Phone: +44-1636-815555 Fax:
+44-1636-817725
Website: http://www.advanexeurope.co.uk
Advanex Deutschland GmbH
Schifferstr. 210, 47059 Duisbrg, Regierungsbezirk Dusseldorf, Germany.
Phone: +49-170-362-3358
Advanex Czech Republic s.r.o.
U Tabulky 3085, 193 00 Praha – Homi Pocernice
Phone: +420-255-709-420
Website: https://advanex.cz
Asia
Advanex (Singapore) Pte. Ltd.
2306 BEDOK RESERVOIR ROAD,
SINGAPORE 479224, REPUBLIC OF SINGAPORE
Phone: +65-6448-8639 Fax: +65-6448-1207
Website: http://www.advanex.com.sg
Advanex (Thailand) Ltd.
HI-TECH INDUSTRIA L ESTATE
151 MOO 1, TAMBOL BANN-LEN
AMPHUR BANG PA-IN, PRANAKORNSRI-AYUTTHAYA, 13160, THAILAND
Phone: +66-35-314200~5 Fax: +66-35-314208~9
Website: http://www.advanex.co.th
Advanex (Hong Kong) Ltd.
Room No. 802B, 8/F Empire Centre, 68 Mody Road, Tsimshatsui East, Kowloon, Hong Kong
Room No. 802B, 8/F Empire Centre, 68 Mody Road,
Tsimshatsui East, Kowloon, Hong Kong
Phone: +852-2708-8806 Fax: +852-2708-8773
Advanex (Shanghai) Inc.
Standard Building 54, No. 199 North Ri Ying Road, WaiGaoQiao Free Trade Zone, Shanghai, China 200131
Standard Building 54, No. 199 North Ri Ying Road,
WaiGaoQiao Free Trade Zone, Shanghai, China 200131
Phone: +86-21-5046-1717 Fax: +86-21-5046-0707
Advanex (Dongguan) Inc.
No.9 Xi-Hu Hi-Tech Information Industrial Park
Shilong Town, Dongguan City, Guangdong Province 523325, China
Phone: +86-769-8618-6600 Fax: +86-769-8618-6660
Advanex (Dalian) Inc.
Dong Bei Street 3-29, Dalian Development Zone 116600, China
Phone: +86-411-87505525 Fax: +86-411-87505529
Advanex (Vietnam) Ltd.
No.18, Road 11, VSIP Bac Ninh Integrated Township and Industrial Park,
Dai Dong Commune, Tien Du District, Bac Ninh Province, Vietnam
Phone: +(84)2223-626-887 Fax: +(84)2223-626-886
Advanex (Changzhou) Inc.
B3, No.12, Xinhui Road, Wujin, Changzhou, Jiangsu, 213164, China
Phone: +86-519-81282688 Fax: +86-519-85801108
PT. Advanex Precision Indonesia
Kawasan Industri Lippo Cikarang, Blok C1-16, Bekasi 17855, Jawa Barat, Indonesia
Phone: +62-21-897-4272 Fax: +62-21-897-4275
Advanex (India) Private Limited
Building B-300 A, Indospace Industrial Park, Block-B, Panruti Village, Oragadam, Walajabad Road, Sriperumbudur Taluk,
Kanchipuram Dist – 631 604, India
Phone: +91-9500122267
Website: https://advanexasia.com
Environmental Activities
Environmental activities
Energy-saving activities
With a slogan of “Starting with the smallest of actions”, the company is involved in company-wide activities to conserve energy. Based on corporate environmental impact evaluations, the company registers electricity as having a significant impact on the environment. All areas of the company, including factories and administration sections, are actively involved in reducing power used by office equipment, air conditioning and lighting.
Lower level of operations on holidays
Compressors are a major user of electricity within Advanex and reducing the operation level of the compressors on holidays by reviewing the amount of air and compressor units needed at such times has greatly contributed to energy conservation.
Reducing amount of copy paper used
Timber is an extremely important natural resource and at Advanex checks are continually being implemented to ensure that copy paper is not being used in a wasteful manner.
Reduction of electricity consumption: about 70,000kWh/year
The lighting of Kashiwazaki factory (the 3rd factory) is changed to LED, and reduce electricity consumption.
If it converts into CO2, it will be equal to about 27,000kg of CO2 reduction, if it converts into a cedar tree, it will be equal to about 1,900 trees/year reduction.
Moreover, LED has a long life and is not necessary to be changed for more than ten years.
Since calorific value is also reduced by using LED, it leads also to lower usage of air-conditioning.
Activities to preserve the environment
While it is essential that the company works to reduce the environmental impact of its products and procedures, Advanex also considers it important for each and every employee to have a correct understanding of the environment and to spontaneously be involved in environmental activities as a global citizen.
Employee participation in environmental activities
In order to suitably implement environmental measures, each employee must have an accurate understanding of environmental issues on which to base their actions. Based on a motto of knowledge and action, Advanex places importance on activities and education that enhance technology and skills related to the environment and promotes the environemtnal awareness of all Advanex employees.
Cooperation with the local community
In order to preserve the environment, along with reducing the amount of harmful substances used by the company, it is essential that each employee works as a global citizen and is involved in spontaneous activities. One way the company plays its part as a global citizen protecting the beauty of the natural environment is to help clean up the local environment.
Eco-families
Based on the belief that it is important for our children to understand the importance of the environment, the company has adopted certain eco-family measures. Each year, the company calls on families to participate in keeping an environment household accounting ledger where children are asked to take the lead within the family. Children learn about the environment first-hand by trying to cut electricity, gas and water consumption and the amount of waste discarded within their own household.