Top 10 Automotive Wiring Harness Manufacturers

This blog briefly introduces the top 10 manufacturers in the world that produce automotive wiring harnesses. Through this blog, you can learn the basic information of the main automotive wiring harness manufacturers, such as the company’s overview, the company’s business segment, the company’s research and development expenses and the company’s turnover. 

Hope this blog to help you better understand the automotive wiring harness industry. If you need customized automotive wiring harness, you can contact us in time, we provide customized automotive wiring harness, and at the same time ensure that the product specifications are completely in accordance with your requirements.

Table of Contents

Top 10 Automotive Wiring Harness Manufacturers​

You won’t have to worry about risking your life if you opt for any of the above companies as they all have certified quality products.

1. Aptiv PLC

Website: www.aptiv.com

Principal executive offices address: 5 Hanover Quay Grand Canal Dock Dublin, D02 VY79, Ireland

Company Overview

Aptiv PLC (formerly known as Delphi Automotive PLC) is one of the largest automotive technology suppliers and a global leader in technology and mobile architecture. Aptiv designs and manufactures auto parts, provides electrical, electronic and active safety technology solutions for the global automotive and commercial vehicle markets, and lays the hardware and software foundation for the automotive and commercial vehicle markets.

Aptiv has more than 190,000 strategic employees, provides services to customers around the world, operates 127 major manufacturing facilities and 12 major technology centers, and uses a regional service model to enable them to efficiently serve global customers in the most cost-effective countries. Aptiv operates in 46 countries and has approximately 18,900 scientists, engineers, and technicians, focusing on developing market-related product solutions for its customers.

Key Executives

Kevin P. Clark President and Chief Executive Officer

Kevin P., 59 years old Clark is the president and Chief Executive Officer (CEO) of Aptiv and a member of the company’s board of directors. Mr. Clark was appointed President and CEO and became a member of the board of Directors in March 2015.Previously, Mr. Clark served as the Chief Operating Officer (COO) from October 2014 to March 2015.Prior to assuming the position of Chief Operating officer, Mr. Clark served as Chief Financial Officer and has served as a senior staff member and executive vice president since February 2013.

Operating Business Segments

Aptiv operates business into two diversified segments with core product lines as follows:

  • Signal and Power Solutions

The department provides the complete design, manufacture and assembly of the vehicle’s electrical architecture, including connectors, wiring assemblies and wiring harnesses, cable management, electrical centers, and hybrid high voltage and safe power distribution systems. Their products provide key signal distribution and computing power backbone, supporting increased vehicle content and electrification, reduced emissions, and improved fuel economy.

  1. High quality connectors are engineered primarily for use in the automotive and related markets, but also have applications in the industrial, telematics, aerospace, defense and medical sectors.
  2. Electrical centers provide centralized electrical power and signal distribution and all of the associated circuit protection and switching devices, thereby optimizing the overall vehicle electrical system.
  3. Distribution systems, including hybrid high voltage systems, are integrated into one optimized vehicle electricalsystem that can utilize smaller cable and gauge sizes and ultra-thin wall insulation.

  • Advanced Safety and User Experience

The department provides key technologies, system integration, and advanced software development for vehicle safety, security, comfort, and convenience, including sensing and perception systems, electronic control units, multi-domain controllers, vehicle connection systems, application software, and autonomous driving technology. Their products increase vehicle connectivity, reduce driver distraction and improve vehicle safety.

  1. Advanced safety primarily consists of solutions that enable active and passive safety features and vehicle automation,as well as vision, radar, LiDAR and other sensing technologies.
  2. The user experience portfolio primarily enables in-cabin solutions around infotainment, driver interface and interiorsensing solutions.
  3. Connectivity and security products primarily consists of solutions that provide body control, security and unlock vehicle data.

R&D Expenditure

For the years ended December 31, 2021, 2020 and 2019, Aptiv PLC’s total investment in R&D (including engineering) was approximately US 11.4 billion, US11.3 billion, and US 11.5 billion, respectively, including approximately US 3320 million, US3303 million, and US381 million in co-investments-investments from customers and government agencies.

Business Performance

For the three and nine months ended September 30, 2022, Aptiv PLC’s total net sales were US 44.6 billion and US 112.8 billion, respectively, an increase of 26% and 12% compared with the same period in 2021, respectively.Aptiv PLC’s total sales increased by 29%. In the three months ended September 30, 2022, global automobile production increased by 27%. In the nine months ended September 30, 2022, Aptiv PLC’s total sales increased by 13%, while global automobile production increased by 6%. The increase in sales for the nine months ended September 30, 2022 was mainly due to increased sales in North America and China.

2. FujiKura Ltd

Website: www.fujikura.co.jp

Principal executive offices address: 5-1, Kiba 1-chome, Koto-ku, Tokyo, Japan

Company Overview

Fujikura Ltd. Is a Tokyo-based company that has been providing wires and cables to build social infrastructure since its establishment in 1885. Fujikura Ltd. Produces printed circuits, wires, connectors, and other electronic products that make up compact and highly integrated electronic products. Fujikura Ltd. In the overall solution provided, it demonstrates the quality and technical capabilities it has cultivated in its global business over the years. Main products: electronic materials and systems, automotive products, Optical transmission systems, metal cables and systems, network systems, etc. 

Fujikura Ltd has approximately 58,422 employees and 58 branches in 19 countries around the world, manufacturing, developing and selling products in Asia, North and South America, and Europe. FujiKura’s main products include automotive wiring harnesses, in-vehicle LANs, seat sensors, and electrical connectors for electric vehicles (EVs).In the automotive products business, it is expected to benefit from the increase in environmental protection demand, as well as other integrated wiring systems.These products support the accelerated global mobile development.

Key Executives

Masahiko Ito, Director of President, CEO

Now 65 years old, he joined the company in April 1982. 

In January 2005, the general manager of the Cable Manufacturing Division of the Power Cable Division of VISCAS.In June 2015, senior vice president and member of the board of Directors and deputy supervisor of Power Communication System Company.In April 2019, president and CEO and representative original director.In April 2020,Director, president and CEO.In April 2021,Chairman from April 2022 to present.

Operating Business Segments

In the beginning of 2022, Fujikura has 4 operating business segments as follows:

  • Power & Telecommunication Systems Division provides with Power cables, Telecommunication cables, Aluminum wires, Enameled wires, Optical fibers,Optical fiber cables, Telecommunication components, Optical components, Fiber optic equipment, Network equipment, Installation, etc.
  • Electronics Business Division provides with Flexible printed circuits, Electronic wiring, HDD components, Various kinds of connectors, etc.
  • Automotive Products Business Division provides with Automotive wire harnesses, Accessories & Installation, etc.
  • Real Estate Business Division deals with Real estate rental, etc.

R&D Expenditure

Fujikura ‘s R&D expenses have basically remained at 16.2-17.2 billion yen since 2015. Its research and development costs included in Selling, general and administrative expenses and Cost of sales, in aggregate, for the years ended March 31, 2021 and 2022, amounted to ¥16,496 million and ¥16,413million (US$134,082 thousand), respectively.

Business Performance

The downturn in global automotive demand, mainly in the Chinese automotive market, caused net sales to fall by 1.1% year-on-year to 152.4 billion yen and an operating loss of 3.7 billion yen.

3. Furukawa Electric Co., Ltd

Website: www.furukawa.co.jp

Principal executive offices address: Tokiwabashi Tower 6-4,Otemachi 2-chome, Chiyoda-ku, Tokyo 100-8322 Japan

Company Overview

It was established in 1884, Furukawa Electric Co., Ltd., with approximately 48,449 employees and total assets of 109 subsidiaries and 13 equity subsidiaries worldwide. It is the core company of Furukawa Group. It is a company integrating the manufacturing and sales of wire and cable, non-ferrous metals and related products. Furukawa, together with Sumitomo Electric Power Industry, leads Asia in the sales of cable products. ,

Key Executives

Mitsuyoshi Shibata Chairman of the Board Director

Keiichi Kobayashi President Representative Director

Operating Business Segments

  • The Communications Solutions Division is made up of the Optical Fiber and Cable products Division,FITEL products Division and Broadband Solutions Business Division, and it is involved in themanufacture and sale of products for telecommunications infrastructure and the design, installation and service of telecommunications networks.
  • The Energy Infrastructure Division is made up of the Power Cable Division and Industrial Cable & Power Cable Accessories Division, and it is involved in the manufacture, sale and installation of ultra-high voltage, high voltage and medium to low voltage power cable and equipment. The Power Cable Division was newly established following the reorganization in October 2016 and has steadilybeen developing its business base.
  • The Automotive Products & Batteries Division is comprised of the wire harness business, the automotive products business (e.g., steering roll connectors, lead battery state detection sensors),and the battery business conducted by the listed subsidiary Furukawa Battery Co.
  • The Electronics Component Materials Division handles electric conductors, magnet wires, and copper & high performance material products and is mainly engaged in the manufacture and sale of wires, automotive parts, and copper products for electronics device materials.
  • The Functional Products Division is made up of the AT (Advanced Technology Tape) & Functional Plastics Division, Thermal Management Solution & Products Division, Memory Disk Division and Copper Foil Division, and it is involved in the manufacture and sale of functional products made from plastics and nonferrous metals.

R&D Expenditure

In fiscal 2020, R&D expenses decreased by 6.6% from the previous year to 20,217 million yen for developing new products and new businesses in each segment,with the aim of enhancing focused areas and creatingnew businesses. 

Furukawa Electric Group is actively engaged in R&D activities through its R&D organization that is centered on Furukawa Electric’s laboratories in Japan as well as OFS Laboratories, LLC, Furukawa Electric Institute of Technology Ltd. (FETI), SuperPower Inc., Silicon Valley Innovation Laboratories, Furukawa Electric (SVIL) outside Japan.

Business Performance

Fiscal year ended March 31, 2022,Furukawa Electric Group Net sales: 930,496 million yen (Consolidated).

4. Lear Corporation

Website: www.lear.com

Principal executive offices address: 21557 Telegraph Road, Southfield, MI 48033 USA

Company Overview

Lear was founded in Detroit in 1917 as American Metal Products, a manufacturer of seating assemblies and other components for the automotive and aircraft industries, and was incorporated in Delaware in 1987. 

Lear is a leading Tier 1 supplier in the global automotive industry.Lear business covers all major automotive markets, and Lear provides seats and power distribution systems and related components to serve almost all major automakers in the world. Lear has manufacturing, engineering and management capabilities in 226 locations in 36 countries, and continue to develop our business in all areas of automotive production in all regions of the world.

Lear electrical business includes the design, engineering and manufacture of complete power distribution systems. It provides high-power signals for traditional powertrain vehicles, as well as hybrid and electric vehicles, and manages the power in the vehicle.The components that make up our electrical business include wiring harnesses, terminals and connectors, junction boxes, electronic control modules, and wireless control devices.Lear are one of only four suppliers with complete electrical capabilities in every major automotive production market in the world.

Key Executives

Raymond E. Scott, President and Chief Executive Officer 

Operating Business Segments

Lear is organized under two operating segments: Seating, which consists of the design, development, engineering and manufacture of complete seat systems, seat subsystems and key seat components, and E-Systems, which consists of the design, development, engineering and manufacture of complete electrical distribution and connection systems and electronic systems.

The power distribution and connection system uses low-voltage wires, high-voltage wires, high-speed data cables and flat wires to connect networks and electrical signals to all types of power systems and manage the power in the vehicle.

The key components in their power distribution and connection system product portfolio include wiring harnesses, terminals, connectors and engineering components for ICE architectures and electrified power systems that need to manage higher voltages and power.

R&D Expenditure

Lear reported r&d expenses of $608.5 M for the latest twelve months ending October 1, 2022 on its income statement.

Business Performance

E-Systems net sales were $3.8 billion for the nine months ended October 1, 2022, as compared to $3.6 billion for the nine months ended October 2, 2021,an increase of $233 million or 6%. New business and higher production volumes on Lear platforms favorably impacted net sales by $204 million and $112million, respectively. Net sales also benefited by $200 million due to commodity recoveries. These increases were partially offset by foreign exchange fluctuations, which reduced net sales by $246 million. 

5. LEONI AG

Website: www.leoni.com

Principal executive offices address:Marienstraße 7 90402 Nuremberg Germany

Company Overview

Leoni was founded in Germany under the name of Leonische Werke Roth-Nürnberg, Aktiengesellschaft by an agreement dated 23 April 1917 and was entered in the commercial register on 2 February 1918.Leoni is a global provider of products, solutions and services for energy and data management in the automotive industry. The value chain ranges from standardized cables and special cables to highly complex wiring systems and related components. Leoni supports its customers as an innovation partner and solution provider with distinctive development and system expertise on the way to increasingly sustainable and connected mobility concepts by developing the next generation of wiring systems. The market-listed group of companies employs about 100,000 people in 28 countries and generated consolidated sales of EUR 5.1 billion in 2021.

Key Executives

Aldo Kamper, CEO

Operating Business Segments

The Group is organised into two business units by products and services for the purpose of Corporate Governance: Wiring Systems (WSD) and Wire & Cable Solutions (WCS)

  • Wiring Systems (WSD) The development, manufacture and sale of cable harnesses, complete wiring systems and related components and connectors for the international automotive and supply industry constitute the main business of the Wiring Systems Division.
  • Wire & Cable Solutions (WCS) The Wire & Cable Solutions Division is a leading manufacturer of wire and cable systems. Its range of products and services encompasses wires, strands and optical fibers, standardised cables, special cables and fully assembled systems, as well as related services for customers in various areas of the automotive,capital goods, medical devices, telecommunications, energy and infrastructure industries.

R&D Expenditure

LEONI Group‘s 2021 R&D spending was, with a figure of €128 million, at roughly the previous year’s level (previous year:€129 million), which equated to a 3 percent proportion of consolidated sales (previous year: 3 percent). 
In the Wiring Systems Division, R&D expense amounted to €110 million (previous year: €102 million) or 3 percent of segment sales (previous year: 4 percent). The Wire & Cable Solutions Division incurred development costs totalling €16 million (previous year: €24 million), which equated to 1 percent of the segment’s sales (previous year: 1 percent).

 

Business Performance

In the 2021 financial year, sales to two customers of the Wiring Systems Division totalled €548,770 k and €532,806 k, respectively, thus in each case accounting for more than 10 percent of consolidated sales. In the previous year, sales to one customer of the Wiring Systems Division totalled €423,534 k and thus accounted for more than 10 percent of consolidated sales

 

6. NEXANS DEUTSCHLAND GMBH

Website: www.nexans.com.

Principal executive offices address: Kabelkamp 20 30179 Hannover Germany

Company Overview

For more than a century, Nexans has played a crucial role in electrifying the planet and is committed to electrifying the future. With 25,000 staff in 42 countries,  The Nexans Group is a leader in the design and manufacturing of cable systems and services in five main areas of activity: Energy Production & Transmission, Distribution, Uses, Industry & Solutions and Telecom & Data.

 

Key Executives

Christopher Guérin, CEO, and Jean-Christophe Juillard, Deputy CEO & CFO

 

Operating Business Segments

The Nexans Group has the following four reportable segments within the meaning of IFRS 8 (aftertaking into account the aggregations authorized by the standard):
  • Building & Territories: This segment provides reliable cabling systems and smart energy solutions enabling buildings and territories to be more efficient, sustainable and people-friendly. It covers the following markets: building, smart cities/grids, e-mobility, local infrastructure,decentralized energy systems and ruralelectrification.
  • High Voltage & Projects: This segment partners its customers from the start of the cycle (design, engineering, financing, asset management) right through to the end (systems management)to help them find the cabling solution that is the best suited to their needs in terms of efficiency and reliability. It covers the following markets: offshore wind farms, subsea interconnections,land high-voltage, and smart solutions for the oil and gas sector (direct electric heating, subseaheating cables).
  • Telecom & Data: This segment helps customers to easily deploy copper and fiber optic infrastructure thanks to plug-and-play cabling and connection solutions. It encompasses the following activities: data transmission (subsea,fiber, FTTx), telecom networks,hyperscale datacenters and LAN cabling solutions.
  • Industry & Solutions: This segment provides support to OEMs and industrial infrastructure project managers in personalizing their cabling and connection solutions to enable them being powered and meet their digitization and automation requirements. It covers the following markets: transport (aeronautics, rail,shipbuilding, automotive), automatic devices,renewable energy (solar and wind power),resources (oil and gas, mining) and other sectors(nuclear, medical, handling, etc.).

R&D Expenditure

The Nexans Group devoted more than 100 million euros to develop new services, solutions and intellectual property through its R&D programme in 2021. 

 

Business Performance

In 2021, Nexans generated €6.1 billion in standard sales. Standard sales were up +8.3% organic growth year-on-year at 6,054 million euros in 2021 supported by strong demand, positive mix/price management and High Voltage & Projects year-end ramp up in line with project phasing. Current sales land at 7,374 million euros in 2021, up +26% organically alongside copper price infl ation.
EBITDA was 463 million euros in 2021, up +33% compared to 2020.Operating margin totaled 299 million euros, representing 4.9% of sales at standard metal prices (against 3.4% in 2020).

 

7. Samvardhana Motherson International Limited

Website:www.motherson.com

Principal executive offices address:Unit 705, C Wing, ONE BKC, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400051, Maharashtra, India

Company Overview

Samvardhana Motherson International Ltd. (SAMIL) is a diversified global manufacturing specialist and one of the world’s leading suppliers to automotive OEMs as well as to
customers in a range of other industries. SAMIL has over 300 facilities* across 41 countries and five continents.
 
Motherson is one of the world’s leading suppliers of wiring harnesses and electrical components. It supports its customers by designing and producing the electronic nerve system of their vehicles, thus being a part of ensuring safe and reliable mobility around the world. With 98 facilities across 21 countries, the division is a full system solutions provider that can support our customers from the drawing board to production. The product portfolio includes components, electrical distribution systems (EDS), power modules, power packs and enterprise resource planning (ERP) systems. The division supports a wide range of vehicles, from passenger vehicles to two-wheelers to commercial vehicles, farm equipment and rolling stock.

 

Key Executives

S.L. Sehgal Founder Chairperson
Mr. Vivek Chaand Sehgal Chairman
Mr. Norikatsu Ishida Director
Mr. Gautam Mukherjee Independent Director

Operating Business Segments

  • Wiring Harness:The Wiring Harness division of Motherson is a full-service system supplier with complete in-house design, development and manufacturing capability. It is one of the most vertically integrated business divisions with a product range that promotes technological advancement across both the automotive and non-automotive sectors that it supplies to.
  • Vision Systems: Motherson is one of the leading global suppliers of vision systems to the automotive industry and the product range includes interior mirrors, exterior mirrors and camera-based detection which it supplies to almost all major OEMs. Vision Systems is aided by strong vertical integration and provides full-service solutions to its customers.
  • Modules & Polymer Product:The division encompasses the largest business line in Motherson. It develops and produces a highly diversified product range from simple plastic parts to highly integrated systems and modules, supplying to OEMs globally. The group also exhibits capabilities in mould design and tooling.

 

R&D Expenditure

Cost incurred by Motherson Company for Research and Development do not meet the recognition criteria and hence have been classified as research costs and are expensed of in the statement of profit and loss as and when these are incurred.

Business Performance

Consolidated revenue (from continuing operations) of Motherson for FY 2021-22 grew by 10% to INR 628 billion (USD 8.3 billion) amidst the challenging external environment.
the year with INR 48 billion EBITDA at 7.7% margin (7.9%in FY 2020-21).

8. SUMITOMO ELECTRIC INDUSTRIES LTD

Website: www.sumitomoelectric.com

Principal executive offices address: 4-5-33 Kitahama, Chuo-ku, Osaka, JAPAN (Sumitomo Bldg.) 

Company Overview

Sumitomo Electric Industrial Co., Ltd. was established in April 1897 and has 281,075 employees worldwide (as of the end of March 2022). Sumitomo Electric Operating in
approx.40 countries around the world With 414 subsidiaries and affliates.

 

Key Executives

Masayoshi Matsumoto Chairman & CEO
1967 Joined Sumitomo Electric 2017 Appointed as Chairman & CEO

Operating Business Segments

Five business segments established through the development of proprietary technologies and endeavor tocreate new businesses:

  • Automotive: Sumitomo Electric Main automotive products are wiring harnesses, which are laid throughout an automobile to transmit power and information. Wiring harnesses require advanced technologies to reliably send numerous pieces of information despite intense vibration and heat. In this respect, the Sumitomo Electric Group is way ahead of its competitors. With concerted efforts, Sumitomo Electric, Sumitomo Wiring Systems, Ltd. and AutoNetworks Technologies, Ltd. have established such a prominent presence in the market that one out of four automobiles in the world uses Sumitomo Electric’s wiring harnesses. Steady advances in the use of aluminum wiring harnesses have been helping reduce automobile weight. Their connecting technologies are essential for realizing connected cars and autonomous driving, which must handle a huge amount of information, as well as for achieving widespread use of hybrid and electric vehicles. Sumitomo Electric intends to become a mega-supplier with the wiring harness business at the core for an excellent harmony between automobiles and society, in the next generation.
  • Infocommunications: Communication infrastructure is an integral part of our social infrastructure. Optical fibers and cables as well as optical communication components and devices offered by the Sumitomo Electric Group play a key role. In terms of optical fibers, which they started to manufacture in the 1970s, they offer an extensive product lineup with superb transmission characteristics and high reliability. For example, their ultra-low-loss optical fibers (total distance: over 10,000 km), which were developed for an ultra-long-haul submarine system, set a world record in transmission loss. They have high technologies for connectivity, such as world-class development capabilities and manufacturing technologies for ultra-high-fiber-count optical cables for data centers, software development technologies for image and optical access devices, and collaborative development technologies for compound semiconductors for optical and wireless communication. They will lead the era of large-capacity high-speed communication by utilizing these proprietary technologies to develop unique products that “go beyond expectations” of various users.
  • Electronics: The diverse range of raw, wiring and other materials supplied by the Sumitomo Electric Group have supported the evolution of various electronic equipment at the core. Flexible printed circuits (FPC) are one of the main products of the Group. Their versatility in forming high-density circuits in a small area makes them a wiring material adaptable to all kinds of increasingly complex equipment. They have electron beam irradiation technology used to produce electric wire products and heat-shrink tubing, and fluorine resin processing technology applied to printer toner fixing rollers. In addition to these proprietary material development, design and processing technologies, They are experts in high-speed data transmission technology, constantly creating products to meet demand for sophisticated functionality. Sumitomo Electric aims to become a global supplier of high-performance cables, components and materials by refining these technologies and strengthening our supply chain to be successful in global competition.
  • Environment & Energy: In a word, Sumitomo Electric smelt, solidify and roll copper. Sumitomo Electric’s electric wire and cable products evolved from its copper wire production since the Company was established. With a solid foundation and proven track record of achievements among Japan’s top-tier businesses in the category of low to ultrahigh voltage electric wire and cable products, Sumitomo Electric supports energy infrastructure throughout Japan. Currently, the technical expertise of the Sumitomo Electric Group is required for the construction of new energy systems in line with trends such as international grid interconnection projects, primarily in Europe, infrastructure development in emerging economies, increasing use of renewable energy and widespread use of electric vehicles.  Sumitomo Electric aim to build a stronger global presence drawing on the Company’s strengths such as diverse high-value product families and associated services, project-planning expertise, overall capabilities involving affliate companies in the heavy electrical machinery and engineering fields, and end-to-end system development from raw material to finished product.
  • Industrial Materials: Materials produced by the Sumitomo Electric Group have evolved on the basis of its thin copper wire-making technology. Our cutting and grinding tools made of materials such as diamond, cubic boron nitride and cemented carbide alloys support all fields of manufacturing throughout the
    world. Additionally, special steel wires that reinforce concrete structures and tires and sintered powder metal parts used primarily in automobiles are essential for the growth of society and industries. In response to the growing demand for lightweight automotive materials and the growth in the medical and aviation industries, Sumitomo Electric will offer tangible forms of innovative solutions for customer and social challenges, drawing on the Company’s world-class materials development capabilities and production technologies.
    tools made of materials such as diamond, cubic boron nitride and cemented carbide alloys support all fields of manufacturing throughout the world. Additionally, special steel wires that reinforce concrete structures and tires and sintered powder metal parts used primarily in automobiles are essential for the growth of society and industries. In response to the growing demand for lightweight automotive materials and the growth in the medical and aviation industries, Sumitomo Electric will offer tangible forms of innovative solutions for customer and social challenges, drawing on the Company’s world-class materials development capabilities and production technologies. 

R&D Expenditure

Research and Development Expenses (Consolidated) 123,100 million yen (as of the end of March 2022)

 

Business Performance

Consolidated financial results for FY2021 increased year-on-year with net sales 3,367.9 billion yen, operating income 122.2 billion yen, ordinary income 138.2 billion yen, and profit
attributable to owners of the parent was 96.3 billion yen.

9. YAZAKI CORPORATION

Website:www.yazaki-group.com

Principal executive offices address:17th Floor, Mita Kokusai Building, 1-4-28 Mita, Minato-ku, Tokyo 108-8333, Japan

Company Overview

Yazaki Group,Established on October 8, 1941 is comprised of 170 companies at
437 business sites in 45 countries and regions including Japan and employs approximately 239,750 people. The organization of the Yazaki Group consists of Yazaki Corporation, four domestic group companies, 90 overseas group companies, 74 domestic affiliates and one specific public benefit corporation. Yazaki manufactures and sells automotive parts, electric wires, gas equipment and air-conditioning equipment in Japan, and manufactures wire harnesses (assembled electric wires for automobiles) and other automotive parts overseas.

 

Key Executives

Riku Yazaki President Representative Director
March 1991 Joined Yazaki Corporation
September 1999 Director, Yazaki Corporation
June 2009 Senior Managing Director, Yazaki Corporation
September 2021 Executive Vice President, Yazaki Corporation

Operating Business Segments

Yazaki Main Business or products are devertised as follow:
Wire Harness/Electronic Equipment:Wire harnesses, which are assemblies of electric wires, run throughout the car and carry electrical power and signals to
the electronic equipment in a vehicle.
Car Meters: Our meters, with excellent readability and well-thoughtout design, bring safety and security to drivers and enhance driving pleasure.
Charging Connectors Yazaki’s connectors, which are indispensable devices for
charging electric vehicles and plug-in hybrid electric vehicles,are renowned for their reliability.
In-Vehicle Safety & Service Systems: We are contributing to traffic accident prevention and environmental conservation through the provision of equipment that supports safe
and eco-friendly driving.
Electric Wires: We provide lead-free general cables, environmentally friendly ecology cables, and halogen-free cables. Additionally, we were the first in the industry to acquire the Eco Leaf environmental label.
Gas Equipment: We provide various gas devices such as gas meters and gas alarms that assure our customers’ safety and security.
Air-Conditioning Equipment: Our absorption chillerheaters that utilize exhaust
heat and renewable energy are environmentally friendly air-conditioning systems.
Solar Equipment: We leverage solar heating technology refined over many years to provide solar heating products for household and commercial use that meet customers’ needs.

R&D Expenditure

No specific data on R&D expenses founded

 

Business Performance

As of 2021 fiscal year, Consolidated net sales approx.1.6 trillion yen.
Breakdown by regions with Japan 38.1% North,Central and south America 26.8%,Asia 17.7% and Europe& Africa 17.4%.

 

10. YURA CORPORATION

Website:www.yuracorp.co.kr

Principal executive offices address: 308 Pangyo-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, South Korea

Company Overview

Yura Corporation specializes in designing, developing, and manufacturing automotive electronics, such as wiring harnesses and ICUs. Yura Corporation was established in 1993. It acquired a wiring harness supplier with the longest history in its domestic market in 2002 and merged both companies. With technical skills and knowledge accumulated by both companies since 1970, Yura has continued its development on its core technologies.

Starting with Chinese market in 2002, Yura Corporation began its global management and built its network in Asian, European and North American markets. Yura now has 20 overseas bases and 46 business sites in 14 countries. As a result, the company has solidified its position as a global automotive electronics company. 

Today, Yura Corporation has expanded its capabilities into manufacturing eco-friendly automotive components including but not limited to: ICU, Smart ICCB, and high voltage junction blocks. In the era of 4th Industrial Revolution, we have been striving to develop core technologies for future automobiles such as the eco-friendly (electric) car, an autonomous car and a connected car. As a leading automotive component manufacturer for the future automobile, we will become a trustworthy partner to the customers

Key Executives

Ohm Dae Yeol CEO

Operating Business Segments

Major Business Segments or Products 

  • Automotive Wiring Harness 
  • ICU (Integrated Central control Unit) 
  • High Voltage Junction Block(For FCV) 
  • In-Cable Control Box 
  • Smart Junction Block 
  • Smart PRA(Power Relay Assembly) 
  • PLC Controller(Power Line Communication) 
  • LDC(Low Voltage DC/DC Converter) 
  • Smart Ket System 
  • Wi-Fi Digital tachograph 
  • ISG DC/DC Converter 
  • Outside Mirror Unit

R&D Expenditure

More than 35% of Yura Corporation employees are working as R&D researcher, and Yura Corporation invest more than 5% of total revenue in research and development field. YURA R&D Center is responsible for development and production of green vehicle parts such as high-voltage cables and connectors.

Business Performance

Sales Turnover: KRW 1,741,408 million,EBT: KRW 16,375 million (CY 2019 Consolidated Results) 

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