MITSUBA CORPORATION in Automotive Relay

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MITSUBA CORPORATION
80 Likes
86 Buyers Negotiating

Summary

Mitsuba Corporation generated 96.0% of their total revenue from transportation equipment and related operations which include automotive relay. The company serves passenger car, commercial vehicles, electric vehicle and electric motorcycle segment. Mitsuba generated 6.2% of total sales from Toyota (Japan), long with Toyota company has major clients such as Dongfeng Honda (China), Hyundai (Korea), Mazda (Japan), Ford (U.S.), Isuzu (Japan), Volkswagen (Germany), BMW (Germany) and Others.

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Strengths
  • +14
    Company’s exposure in aftermarket
  • +13
    Company’s exposure in OE Market
  • +10
    OE & Aftermarket Presence
  • +11
    Breadth and Depth of Product Offerings
  • +5
    Product Breadth
  • +12
    Focus on Product Innovation
  • +6
    Product Depth
  • +7
    Number of NPD/Innovation in last 3 years
  • +8
    R&D Expenditure, 2016 (USD Billion)
nostrength
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MITSUBA CORPORATION Presence in Automotive Relay
The company has adopted expansion as a key strategy to develop the automotive relay related business. For instance, on April 2016 the company has invested USD 14.9 million in the Hungary plant to increase the production capacity of that facility. The company has plans to double the production capacity where it manufactures windscreen wiper and washer system for vehicles which employs relays for switching purpose. Additionally, Mitsuba established a company named Corporacion Tatsumi de México, S.A. de C.V. in the year 2015. The new company will manufacture electrical components required in passenger cars and two wheelers. These electrical components include relays required for electrical system switching. Such strategies will help the company to remain competitive in the market.
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Company Size :
  Enterprise
  SME
  Startup