Kokusan Denki changes company name

Tokyo, January 2016-Kokusan Denki that joined MAHLE Group after around 90 percent of its shares has been acquired in July 2015, changes its company name to MAHLE Electric Drives Japan Corporation, effective from 1st January 2016.

The Japanese company Kokusan Denki was founded in 1931. It now achieves sales of approximately EUR 130 million (fiscal year 2014) with over 800 employees. Kokusan Denki has locations in Numazu, Gotemba, and Akita in Japan and in Samut Prakan in Thailand, as well as financial participations in joint ventures in China and India. In 2013, MAHLE’s holding was 30.82 percent; this share was then increased to 38.87 percent at the start of 2014. The share was increased to 90% in July 2015 and Kokusan Denki operated under the MAHLE organization, under Electric Drives and Applications 2” profit center. With further growth potential, the company will now operate under a new legal company name, MAHLE Electric Drives Japan Corporation.

Now newly named MAHLE Electric Drives Japan Corporation will fully operate in the group as the “Electric Drives and Applications 2” profit center.

About MAHLE
As a leading global development partner for the automotive and engine industry, MAHLE offers unique systems competence in the areas of engine systems, filtration, electrics/mechatronics, and thermal management. In the original equipment industry, MAHLE provides technologically innovative solutions for automotive, commercial vehicle, machinery, and other industrial applications. The Aftermarket business unit also serves the independent parts market with MAHLE products in OE quality.

MAHLE has a local presence in all major world markets. In 2014, some 66,000 employees at approximately 150 production locations generated sales of almost EUR 10 billion. At ten major research and development centers in Germany, Great Britain, the USA, Brazil, Japan, China, and India, almost 5,000 development engineers and technicians are working on forward-looking concepts, products, and systems.

MAHLE is a leading international supplier to the automotive industry. With its products for combustion engines and their peripherals as well as solutions for electric vehicles, the group addresses all the crucial issues related to the powertrain and air conditioning technology—from engine systems and components to filtration to thermal management. MAHLE products are fitted in every second vehicle worldwide. MAHLE components and systems are also used off the road—in stationary applications, for mobile machinery, as well in railroad, marine, and aerospace applications.

In 2014, the group generated sales of EUR 9.94 billion with around 66,000 employees. Today, MAHLE is represented in over 30 countries with 170 production locations. At 16 major development locations in Germany, Great Britain, Luxembourg, Slovenia, the USA, Brazil, Japan, China, and India, more than 5,000 development engineers and technicians are working on innovative solutions.

Further queries:
MAHLE Japan Ltd.
Judy Ann Go, Corporate Communications/Public Relations
Phone: +81 3 6735-8413
judy-ann.go@jp.mahle.com