Ever since our establishment in 1946, we have focused on the concept
of usability for our control cable technology, and we have been able to
develop in tandem with the automobile industry. We currently supply control
cables to all domestic vehicle manufacturers, giving us an overwhelming
share in the domestic market and making us number one. We also supply
to major auto manufacturers overseas, including the Big Three, and consolidated-base
sales for our group now amount to over ¥100 billion. Our core competence,
built up over more than half a century, lies in our control cable technology,
and in our global network, which consists of 18 locations in 11 countries.
The basis of our competitiveness in control cables is our ability to develop
innovative new products-firsts in Japan and in the world, and our integrated
production system which enables us to produce products that answer to
demands for excellent quality. At HI-LEX CORPORATION, we do everything
in house, from research and development of materials such as metals, plastics,
and lubricants, to production planning, prototype production, testing,
and manufacture of components. In addition, as reflected in the fact that
all of our facilities around the country have been certified as meeting
international quality and environmental regulations, our products are
now manufactured under an even stricter quality assurance system.
Having established branches in South Korea in 1972 and the U.S. in 1975,
we have taken a proactive stance toward globalization ahead of the rest
of the industry. This stance has enabled us to set up production systems
in various countries that are firmly rooted in the respective communities,
and to reliably supply our customers in a customer-first approach.
In this way, our company is working to further develop our core competence
and to answer to changing market needs.
Our growth strategy is to offer products to even more markets while further
strengthening the core competence that we already have.
Our approach to the auto industry is not only to answer to current customer
needs, but also to broaden the horizons for the use of cables, including
devising new technologies and incorporating periphery equipment technologies
including electronics technologies. In addition to the automobile market,
we are also aggressively moving ahead with expansion into new markets,
including construction machinery, household equipment, marine vessel equipment,
medical equipment, and more.
We are also in the process of drawing up new plans for our overseas network,
including expansion into Eastern Europe, setting up more facilities in
China, and so on, in addition to further solidifying existing locations.
While working to bolster production efficiency, we are also striving to
realize an optimal global production system.
In many ways, trust in technology is a must as society matures. We believe
that the more complicated systems become, the greater the appeal of control
cables, which feature a simple structure and extremely reliable operability,
and we expect to see greater and greater use of these products in a broader
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