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Chassis & Safety Systems

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Futaba Industrial Co., Ltd.

Futaba Industrial Co., Ltd.

Futaba Industrial Co., Ltd.

Verified Sep 2026

Chassis & Safety Systems

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Japan flag

Okazaki, Japan

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Since 1945

Futaba Industrial Co., Ltd. is a publicly listed Japanese Tier-1 automotive supplier founded in 1945 and headquartered in Okazaki, Aichi. With 10,104 consolidated employees and roughly €3.75B in FY2025 revenue, the company manufactures body structural parts, exhaust systems, suspension components, and fuel system parts, with documented programs on Toyota vehicles including the Prius and Land Cruiser.

Futaba Industrial Co., Ltd.

Verified Sep 2026

AT A GLANCE

Founded

1945

Headquarters

Japan flag

Okazaki, Japan

Employees

10,000+

Ownership

Listed

Futaba Industrial Co., Ltd. at a glance

Revenue

€3–5B

FY2025

Employees

10,000+

Founded

1945

Headquarters

Okazaki, Japan

Ownership

Listed

TSE: 7241

Certifications

ISO 14001 (confirmed, all Aichi plants); IATF 16949

Sector-standard · not confirmed with current cert date

Import activity

58

US import shipments on record · US subsidiary · Futaba Industrial Texas Corp.

Known customers

Toyota Motor Corporation — Land Cruiser (2021), Prius (2023); Kyohokai member

Industries

Automotive

Electric Vehicles

Sourcing and import activity

From US customs records for Futaba Industrial Texas Corp. (San Antonio subsidiary)

US sea imports

58

Named foreign suppliers

Top origins

Most recent shipment

Jul 8, 2026

Shared foreign counterparties do not establish that these companies buy from Futaba Industrial Co., Ltd..

What this tells a buyer

Futaba's FY2025 operating income rose 23% year-on-year to a new high, driven by kaizen recoveries and price pass-through in Japan — outperforming its own forecast by 17%.

The headline revenue decline of roughly 5% (Berylls, FY2025) reflects lower customer-supplied direct-supply parts volume and material cost movements; underlying organic sales grew approximately 3.4% once those factors are stripped out.

North America was the fastest-growing segment in FY2025 (+9.5% excl. DS), consistent with ongoing OEM platform launches at Toyota's North American plants where Futaba supplies body structures and exhaust systems.

Source: company investor materials (FY2025 Earnings Presentation, April 2026) and public filings · Last verified Sep 2026

STABILITY SIGNALS

Established & active

FinancialModerate
QualityModerate
ScaleStrong
TenureStrong

Listed on the Tokyo Stock Exchange Prime Market (7241) since the 1980s; founded 1945 with 81 years of continuous operation.

€3.75B revenue (FY2025), 2.8% operating margin on reported sales — operating income up 23% year-on-year to a record high.

Documented Toyota OEM programs: body structural parts in the Toyota Prius (2023) and exhaust and body systems in the Toyota Land Cruiser (2021).

What Futaba Industrial makes

Futaba Industrial manufactures automotive body structures, suspension components, exhaust systems, and fuel system parts, built around stamping, welding, sound damping, and heat management as its core process technologies. The company is headquartered in Okazaki, Aichi Prefecture, and runs eight plants in Aichi alongside 14 overseas subsidiaries across North America, Europe, China, and Southeast Asia.

Body structural parts are the most prominent part of the portfolio. Futaba supplies front pillar upper and lower outers, cowl assemblies, wheel house inner/outer subassemblies, and rear floor side member subassemblies -- medium-scale assemblies that handle crash loads, suspension inputs, and body rigidity simultaneously. The company has developed a body stamping capability in 1470MPa and 1180MPa ultrahigh tensile steels, which are harder to form and prone to springback at conventional processing conditions. Its technology page documents a front pillar upper outer in 1470MPa material adopted for a Toyota vehicle launched in January 2023, produced through forming analysis that let the company propose a zonal structure rather than individual parts.

The exhaust system line covers exhaust manifolds, mufflers (including clam-shell four-section mufflers optimized for tight underbody packaging), diesel particulate filters, and urea selective catalytic reduction devices rated to EURO6 standards. The fuel system line covers canisters -- activated-carbon evaporative emission control devices -- and stainless steel fuel inlet pipes. Interior work consists primarily of instrument panel reinforcement, the cross-car structural beam that supports the steering column, HVAC unit, and audio, while also providing occupant protection in frontal impacts.

The suspension line adds front sub-frames (integrating suspension arms, steering rack, and engine mounts into a module), trailing arms, rear axle beams, and engine undercovers in long glass fiber reinforced plastic. Beyond automotive parts, the company designs and builds large-scale body assembly and welding equipment for OEM plants, and maintains a smaller agricultural business.

Financial performance

Futaba Industrial reported consolidated sales of 677,919 million yen for FY2025 (the fiscal year ending March 2026), with operating income of 18,715 million yen -- an operating margin of 2.8% on total reported sales, or 4.2% excluding customer-supplied direct parts that pass through the income statement without profit impact. Operating income rose 23.3% from the prior year, driven by kaizen and price pass-through recoveries in the Japan segment, and the company posted record-high ordinary profit (20,840M yen) and net income (16,026M yen).

The Berylls by AlixPartners Top-100 study (2026 edition) ranks Futaba 87th among global automotive suppliers by revenue, with FY2025 automotive-sector revenue of approximately €3.75B, down roughly 5% from the prior year's €3.95B. The headline decline reflects a reduction in customer-supplied direct-supply parts volume and material cost movements rather than organic volume loss: excluding those external factors, sales on an underlying basis grew approximately 3.4%. North America was the fastest-growing segment in FY2025, with excl-DS sales up 9.5% to 135,800M yen; Europe grew 11% to 42,600M yen; China declined 11.8% to 49,500M yen.

For FY2026 (ending March 2027), the company forecasts sales of 669,000M yen (incl. DS) and operating income of 19,000M yen, holding the 2.8% margin while volume continues to normalize post-pandemic. As of end of March 2026, the consolidated group employed 10,104 people, with 4,036 at the non-consolidated Japan parent.

Ownership and history

Futaba Industrial was established in November 1945 in Aichi Prefecture by engineers including alumni of Mitsubishi Heavy Industries' Nagoya aircraft manufacturing plant. The company started with fish netting machines and pipe furniture before pivoting to automotive parts in 1948, applying bending and welding techniques developed on seating into body and exhaust components. It listed on the first sections of the Tokyo and Nagoya stock exchanges, and has been continuously publicly traded since.

The company has grown from a local stamping operation into a group with 14 overseas subsidiaries spanning the United States (Indiana, Texas, and a North American engineering office), United Kingdom, Czech Republic, China (three sites), Hong Kong (liquidated August 2024 as part of an exit from the Information Device Business), Taiwan, Indonesia, and India. In April 2025, Futaba Sumi Co., Ltd. was merged into the group as part of a domestic reorganization. The current president, Toshiyuki Hisatsune, took office in June 2026 following shareholder approval at the annual general meeting, succeeding Yoshihiro Uozumi; Toshio Yokota was promoted to Representative Director alongside him.

Futaba is a long-standing member of the Kyohokai, the primary supplier association for Toyota Motor Corporation, which situates it within Toyota's established first-tier supply base.

Certifications and quality

The company's history page documents ISO 14001 environmental management certification for its Okazaki and Midori plants in 2001, expanded to cover all seven Aichi plants by 2002. The company's own profile and product technology pages describe CAE-based forming analysis, zonal structural proposals to OEM customers, and mass production of ultrahigh tensile steel parts as elements of its quality engineering approach. IATF 16949 automotive quality management certification is standard for Toyota Tier-1 suppliers of this scale; the company's public materials do not publish a current certificate document. The product development process involves PPAP-consistent new model launches, as documented in the Land Cruiser and Prius adoption announcements.

Known customers

Toyota Motor Corporation is Futaba's primary documented customer. A November 2021 announcement on the company's own newsroom documents the adoption of newly developed exhaust system parts -- a clam-shell four-section muffler, a diesel exhaust gas post-treatment device, and an engine undercover -- plus body parts, in the Toyota Land Cruiser (2021 generation). The company's technology page separately documents the 1470MPa front pillar upper outer adopted in the Toyota Prius launched January 2023. Futaba is listed as a Kyohokai member in Toyota's own published records. The company's profile page names Toyota, Suzuki, Mitsubishi Motors, Daihatsu, and Nissan as clients, per aggregated industry references.

The North American subsidiary (Futaba Industrial Texas Corp., San Antonio) has 58 US import shipments on record through July 2026, receiving goods from the Japan parent and logistics intermediaries, consistent with a regional manufacturing subsidiary sourcing tooling and components from the parent supply base.

Recent news

June 2026 -- Futaba Industrial appointed Toshiyuki Hisatsune as President and Representative Director at its ordinary general meeting, succeeding Yoshihiro Uozumi. Toshio Yokota was simultaneously promoted to Representative Director. The reshuffle was framed as strengthening operational focus, with the incoming president carrying deep experience at both Toyota and Futaba (per the company's announcement, as reported by financial news services).

April 2026 -- The company reported FY2025 (112th term) full-year results with consolidated operating income of 18,715M yen, 17% above its own forecast, driven by profit improvement initiatives in the Japan segment exceeding expectations and foreign exchange gains boosting ordinary income and net income to record highs.

August 2024 -- Futaba withdrew from the Information Device Business and liquidated Futaba Technology Co., Ltd. in Hong Kong, part of a portfolio rationalization toward automotive parts as the core business.

Frequently asked questions

What does Futaba Industrial make?

Futaba Industrial manufactures automotive body structural parts, suspension components, exhaust systems, and fuel system parts, primarily for Japanese and global OEMs. Key products include high-strength steel body pillars and subassemblies, mufflers and exhaust aftertreatment devices, instrument panel reinforcement, suspension sub-frames, and evaporative emission canisters. The company also builds large-scale welding and assembly equipment for OEM body shops.

Who owns Futaba Industrial?

Futaba Industrial Co., Ltd. is publicly listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market under securities code 7241. It is not a subsidiary of a parent company -- it is an independent publicly traded corporation founded in 1945 and continuously listed since the 1980s.

What is Futaba Industrial's revenue?

Futaba Industrial reported consolidated sales of approximately 677,919 million yen for the fiscal year ending March 2026 (FY2025), equivalent to roughly €3.75B under the Berylls by AlixPartners automotive supplier ranking (2026 edition). The company does not break out an audited EUR figure; the Berylls conversion reflects automotive-sector revenue at prevailing exchange rates.

Where is Futaba Industrial headquartered?

Futaba Industrial's head office is at 1, Ochaya, Hashime-cho, Okazaki-shi, Aichi 444-8558, Japan. The company operates eight plants in Aichi Prefecture and maintains 14 overseas subsidiaries across the United States, United Kingdom, Czech Republic, China, Taiwan, Indonesia, and India.

Who are Futaba Industrial's customers?

Toyota Motor Corporation is the primary documented customer, with body and exhaust parts adopted in the Toyota Land Cruiser (2021) and Toyota Prius (2023). Futaba is a member of the Kyohokai Toyota supplier association. The company's profile references Suzuki, Mitsubishi Motors, Daihatsu, and Nissan as additional clients, consistent with its broad body, exhaust, and suspension parts portfolio.

Last verified Sep 2026. Is this your company? Request a correction.

Leadership

Toshiyuki Hisatsune

President, Representative Director

Toshio Yokota

Representative Director, Executive Officer

Hideki Imai

Director, Chief of Accounting & Finance

Location & contact

Okazaki (HQ)Headquarters · Aichi 444-8558, Japan
San AntonioManufacturing · USA
DongguanManufacturing · Guangdong, China
GuangzhouManufacturing · Guangdong, China
ChangshaManufacturing · Hunan, China
Okazaki (HQ)1, Ochaya, Hashime-cho, Okazaki-shi, Aichi 444-8558, JapanGroup headquarters; 8 stamping and welding plants across Aichi Prefecture

Certification

ISO 14001 (confirmed, all Aichi plants); IATF 16949

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