Through Successful Partnerships and Affiliations

1958-2010

JV with Tokai Rika

Panel & Control Switches,
Seatbelts and Gear Shifters

JV with ROKI

Air Filters Canisters

JV with Kosei

Alloy Wheels

2010-2011

JV with Toyoda GOSEI
and TOYOTA TSUSHO

Steering Wheel with
Airbags, Body Sealing,
Fuel Caps, Hoses

JV with KYORAKU

Blow Moulding Components

JV with TORICA

Raw Material Procurement

JV with DENSO TEN

Car Infotainment Systems

JV with Nabtesco

Air Brakes

2012-2015

Acquisition Clarton
Horn

Steering Wheel with
Airbags, Body Sealing,
Fuel Caps, Hoses

JV with ONKYO

Speakers

Acquisition of Rinder

2W Light & M&A LSTC

Acquisition of Rinder Riduco

Lighting company in Columbia

2016-2017

JV with KATOLEC KA

Printed Circuit Boards (PCB)

Acquisition of with iSYS

Embedded Electronic Systems

Technology Acquisition from
Sensata Technologies

Sensors

2018-2020

Acquisition of DELVIS

Lighting Solutions

Merger of Harita

Seating Systems

Business Acquisition from KPIT

Telematic Products

TLA with DAYOU

LPDC Alloy Wheel

TLA with AMP

BMS

2021-2022

TLA with Dhama Innovations

Temperature-controlled Seating Solutions

JV with FRIWO

Electric Vehicle Products for 2w and 3W

2022-2023

JV with Tachi-S

Manufacture Recliners and Other Seating Mechanisms

JV with Buehler Motor

Manufacture Traction Motors for 2W and 3W EV Vehicles

TLA with Asentec, Korea

Wheel Speed Sensors

Joint Venture Partners = 14

Japanese: 11
European: 2
Canadian: 1

Mergers and Acquisitions = 6

European: 4
Indian: 2

Technical Licence Agreements = 4

Indian: 1
European: 2
Canadian: 1