PACIFIC INDUSTRIAL CO., LTD.

History
1930 Aug. PACIFIC INDUSTRIAL CO. (unlimited partnership) was founded to manufacture valve cores for
1998 Jun. Received PRIME MINISTER'S AWARD for excellent tree-planting activities in its factory for
automobiles.
better environment.(Kita Ogaki Plant)
1936 Aug. Received rights to the utility model of the valve core.
1999 May. All our manufacturing plants attained prestigious ISO9001 REGISTRATION.
1938 Apr. Reorganized into PACIFIC INDUSTRIAL CO., LTD.
1999 Jul. Established PACIFIC INDUSTRIES AIR CONTROLS INC. and PACIFIC MANUFACTURING OHIO INC.
1946 Aug. Started production of metal stamping parts for automobiles as a supplier to Toyota Motor Corp.
1954 Jul.
as the subsidiaries of PACIFIC INDUSTRIES USA INC.
PACIFIC GLOCAL VISION
2020
2000 Oct. All our manufacturing plants attained prestigious ISO14001 REGISTRATION.
Qualified as a manufacturer of valve core products under the Japan Industrial Standard.
1960 Apr. Set up Tokyo Branch.
2000 Oct. Established QINGDAO PACIFIC HONGFENG INDUSTRIAL Co., Ltd.(CHINA)
1960 Nov. Set up Nishi Ogaki Plant. Expanded stamping products business.
2000 Dec. Started production of tire pressure monitoring system
1961 Oct. Established PACIFIC ENGINEERING CO.,LTD.
2001 Feb. Established TAKUMI STAMPING INC. (USA)
1970 Aug. Listed in the TOKYO and NAGOYA STOCK EXCHANGES, 1st Sections.
2001 Aug. Completed main building of Head Office in commemoration of 70th anniversary.
1972 Apr. Established PACIFIC DEVELOPMENT CO.,LTD.
2002 Nov. Produced our 10,000,000,000th Valve Core and 5,000,000,000th Tire Valve.
1972 Sep. Set up Kita Ogaki Plant. Expanded tire valves for automobiles business.
2004 Jun. Introduced a corporate officer system.
1974 Dec. Established TAIHEIYO SANGYO CO.,LTD
2004 Aug. Announced “PACIFIC GLOCAL VISION 2015”.
1977 Sep. Set up Mino Plant as a specialty manufacturing plant of tire vales and valve cores.
2004 Sep. Established PACIFIC AIR CONTROLS CO., LTD. (KOREA)
1982 Oct. Set up Yoro Plant as a specialty manufacturing plant of the molds for stamping business.
2005 Apr. Established TIANJIN PACIFIC AUTO PARTS CO., LTD. (CHINA)
1984 Jun. Established PACIFIC VALVE (TAIWAN) CO., LTD.
2005 Dec. Established TAIYOU KOUSAN CO.,LTD.
1987 May. Established PACIFIC VALVE INDUSTRIAL CO., LTD. (KOREA)
2006 Nov. Established PACIFIC TOYOTA CITY OFFICE
1987 Dec. Established PI SYSTEM CO.,LTD.
2006 Dec. Established Kyushu Plant
1988 Jul. Established PACIFIC INDUSTRIES USA INC.
2007 Feb. Received TOYOTA ENGINEERING SPECIAL AWARD for Lighter Weight Parts from Toyota Motor
1989 Mar. Established PACIFIC INDUSTRIES (THAILAND) CO.,LTD.
As a Global Manufacturer of Technology Components.
VISION
and
MISSION
Corp. (V-Bank Cover S/A)
1990 Nov. Set up Higashi Ogaki Plant as a specialty manufacturing Plant of resin products.
1. We will endeavor to develop and enhance technologies and to supply high quality products in response to the
needs of customers.
2. We value our employees as essential family members and pledge to provide a place where they enjoy working and
creating.
3. We will continue to contribute to society, confirming our role in the world as an excellent company as well as an
environmentally conscious company.
2007 Apr. PACIFIC INDUSTRIES AIR CONTROLS INC. was merged with PACIFIC MANUFACTURING OHIO
1996 Sep. Received EXCELLENT AWARD FOR TOTAL PRODUCTIVE MAINTENANCE from Japan Institute of Plant
INC.
MANAGEMENT
PHILOSOPHY
2009 Feb. Started activities to develop a woodland in the ‘Pacific Satoyama Woodland zone’
Maintenance.
1997 Jan. Set up PACIFIC TERA HOUSE
2010 Feb. Received TOYOTA SUPERIOR QUALITY CONTROL AWARD from Toyota Motor Corp.
1998 Jan. Received TOYOTA ENGINEERING DEVELOPMENT AWARD from Toyota Motor Corp. (In-mold Decoration)
“Management with Creativity and Openness for e-company”
2010 May. Established Tohoku Plant
2010 Sep. JYUJI KOGYO CO., LTD. was merged with TAIHEIYO SANGYO CO.,LTD
Group Companies
■ Stamping & Molding Products Business ■ Valve Products Business ■ Information/Service Business
Overseas Affiliates
CHN
CHN
■ Qingdao Pacific Hongfeng Industrial Co., Ltd.
KOR
■ Tianjin Pacific Auto Parts Co., Ltd.
■ Pacific Valve Industrial Co., Ltd.
KOR
■ Pacific Air Controls Co., Ltd.
Action Indicator
Technology Development Indicator
P rinciple : Confirm basics, and throw yourself into basics
: Think for yourselves, and do it yourselves
A ction
C reation : Creation produces delight. Make the best use of inventiveness
I nnovation : Status quo leads backwards. Open the way to the future with innovation
F airness : Comprehend the facts. Judging from objective standard
I nformation : Reporting, contacting and consulting certainly, and discuss thoroughly
C hallenge : Don't be afraid of making a mistake
P recision : High precision processing technology. Close observation and analysis
A ctive : Efforts toward the realization of the right way forward
C reative : Change in thinking. Originality. Determine the quality of the difference
I nventive : Acquisition of patent. Differentiation. Ensuring of advantage
: Smart technology and manufacture
F ine
I mprove : Today is better than yesterday and tomorrow will be better than today
C omposite : Compounding, compositing and concentration of technology
Prospectus for Pacific Glocal Vision 2020
THA
TWN
■ Pacific Industries(Thailand) Co., Ltd.
■■ Pacific Valve (Taiwan) Co., Ltd.
Domestic Affiliates
■ Taiheiyo Sangyo Co., Ltd.
USA
Pacific Industries USA Inc.
USA
■■ Pacific Manufacturing Ohio Inc.
Since we drew up a plan “PACIFIC GLOCAL VISION 2015” in June 2004, the business environment surrounding Pacific Industrial Group has been changing
drastically at an unexpectedly rapid pace. Examples of these changes include: the sudden global structural switch of the automotive industry, global
environmental problem, corporate social responsibility, globalization, and technological innovation. These changes will lead to an era in which it is extremely
difficult for us to forecast the future. In order to recognize such environmental changes as great opportunities for new growth, at this moment of our 80th year
in business, we have decided to make clear our dreams (visions) and missions by drawing up a plan “PACIFIC GLOCAL VISION 2020” for the next 10 years.
Domestic Business Establishment
■ PI System Co., Ltd.
■ Pacific Development Co., Ltd. ■■ PEC Holdings Co.,Ltd
(Yoro Country Club)
■ Tokyo Branch
■ PACIFIC TERA HOUSE
Since its establishment in Japan in 1930 as a venture company to manufacture valve cores locally, Pacific Industrial Co., Ltd. has been growing as a specialty
manufacturing company of tire valves, started automotive stamping business in 1946, and has been continuously expanding its lines of business. This now
includes plastic molding, die business, control devices for air conditioners, electronic devices business, and tire pressure monitoring system business that
succeeded in establishing domestic production for the first time in Japan. Further, along with the rapid globalization of the markets, we have expanded our
domestic plants and developed our overseas operations in Taiwan, Korea, the U.S.A, Thailand and China.
■ PACIFIC TOYOTA CITY OFFICE
Domestic Facilities
We had developed these visions by weaving the opinions from our newest employees who may forge the future of our company. Also we aim to shift from
“Consolidated Business Management” toward “Amalgamated Business Management”, with breakthrough innovation of business structures by practicing the
five meanings of “SHINKA”, and by reading the changes of an era from new standpoints and ideas based on our VISION and MISSION “As a Global
Manufacturer of Technology Components”, and aim for further improvement of company value.
We believe that our Pacific Industrial Group companies, as well as each and every employee, will embrace these visions, attempt growth globally, and complete
development of the communities and compliance corporate social responsibility.
November, 2010
■ Head Office / Nishi Ogaki Plant
■ Kita Ogaki Plant
■ Higashi Ogaki Plant
■ Yoro Plant
■ Mino Plant
■ Kyushu Plant
■ Tohoku Plant
President
100 Kyutoku-Cho, Ogaki City, Gifu Prefecture, Japan
Tel: 0584-91-1111 (main) Fax: 0584-92-1804
URL http://www.pacific-ind.co.jp
Long-Term Vision
2020
PACIFIC GLOCAL
VISION 2020
“PACIFIC GLOCAL VISION 2020” and Mid-Term Management Plan “OCEAN-12”
「PACIFIC GLOCAL VISION 2020」
2015
PACIFIC GLOCAL
VISION 2015
2010
OCEAN-10
What is “Glocal”? : “Glocal” is a coined word which is made of “global” and “local”. We hope to grow in the “global” arena, and,
at the same time, contribute to each “local” community.
Taking advantage of the 80th anniversary, “PACIFIC GLOCAL VISION 2020” specifies “Desired Corporate Pictures” for Pacific
Industrial group companies in 2020 and also shows the ways and the targets to materialize those pictures, including Business
developments, Business Functions, Managements and Corporate Culture.
Rapid growth
2012
OCEAN-12
*stopped in 2009
“Cost Innovation 30” activity
Growth
Fundamental construction
●
●
10
●
12
●
15
●
●
●
●
●
20
1.Desired Corporate Pictures in 2020
Triangle of CSR
● An “indispensable corporate group for all stakeholders” with heightened corporate brand awareness
● A corporate group that has established open and fair corporate ethics and that fulfills its CSR
● A corporate group where each employee can pursue personal dreams and display his/her creativity and a spirit of challenge, and where he/
she can achieve self-realization and self-growth
● A corporate group that creates new values by “Manufacturing with Persistency” and that contributes to the development of local communities
● A corporate group that has pursued five meanings of “SHINKA” (The meanings are deepening technologies, skills and knowledge, evolution of
products and methods, development of new products and technologies, true value of our company as a good company for stakeholders, the
basis of corporate activities such as compliance and corporate social responsibility)
Cu
● To be a leading company in our industries and recognized as a manufacturer specialized in highly advanced processing methods, and having
the highest market share and the leading technology
● To establish environmentally-friendly technologies, products and manufacturing methods, that significantly alleviate environmental burdens
3. Functional Capability
● Realization of maximize corporate social responsibility and corporate brand awareness by shifting from “Consolidated Business Management”
toward “Amalgamated Business Management”
● Realization of a developmental regime for developing products ahead of the market needs
● Realization of the most appropriate and powerful global production regime with development of construction method which is creative and
innovative
● Realization of its lines as a leading company in the market, which includes Safety, Quality, Cost, Delivery, Development, that has the “Defectfree process completion” and “Run production on the Quaternity” (This is our philosophy which promotes “Total Quality Management”, “Toyota
Production System”, “Total Productive Maintenance” and “International Organization for Standardization”, and which consists of technology
and skill, based on safety and environment)
● Realization of global optimum purchasing and Green purchasing, that is open and fair.
● Realization of zero-emission workplace that is people-friendly and environmentally-friendly, and also that allows someone to work safely in
peace of mind.
● Realization of work–life balance, which aims for cultivating our associates glocally, so they flourish professionally and personally.
hol
corporate ethics
fullfills CSR
Manufacturing
Human
Resources
Development
Partner
Corporate
Brand
Safety
Environment
Human
resources
Quality
Cost
Energy
saving
Regional
contribution
● Internal control ● Environment ● Information
preservation
disclosure
● Corporate
● Risk management
governance
● Compliance
Employee
新化
深化
de
r
信加
Community)
ca l (
Products and Core Technology
Stoc
k
m er
sto
Technology
Business Domains
● Expansion of automotive related business domain as our core business
● Strengthening and expansion of glocal management bases by improvement of existing business competitiveness
● Establishment of corporate status as the world’s top manufacturer of Tire Pressure Monitoring System
● Expansion of business through new technologies, products, and methods, that fills the needs of the automobile industry, for instance,
environment, safety, and information technology
● Expansion of new business domains
● Expansion of new business stages from generated new technologies, and from high quality manufacturing and managing skills
● Establishment of the new business model based on industry-academia-government collaboration and alliance, and expansion of new
business domains, establishment
Five meanings of “SHINKA”
Glo
2. Business Directions
Circle of CSR
真価
進化
深化 : Deepening technologies, skills and knowledge
進化 : Evolution of products and methods
新化 : Development of new products and technologies
真価 : True value of our company as a good company for
stakeholders
信加 : The basis of corporate activities such as compliance
and corporate social responsibility
Mid-Term Management Plan “OCEAN-12” (2010~2012)
The year 2012 is the final year for implementing actual activity plans for the achievement of “PACIFIC GLOCAL VISION 2020”.
Implementation “OCEAN-12” and “Six innovations” during the mid-term management plan, Pacific group is promoting “Cost Innovation 30” activity that
reforms the corporate profit structure by reducing 30% of total cost.
In order to maximize our limited resource, Pacific group is aiming at firm construction of the fundamental strategy and epoch-making innovation of
corporate architecture.
We aim to become a leading parts manufacturer both globally and locally.
keywords
“Technology expansion to overseas”, “Making things is about developing people”,
“CSR and Environmental preservation”
“Getting results by making use of limited resources”
“CSR, fundamental construction and Technology development”
(1) CSR: comply with groups
(2) Business: implement a connected management of “Choice and
centralization”
(3) Profit: implement an epoch-making cost reduction and attain
business profit
(4) Investment: amortize investment and earlier recovery
(5) Environment: reduce CO² by producing environmentally friendly
parts, process, and plans
(6) Development: by applying new technology, materials, and methods,
reducing costs and developing lighter weight products
(7) Financial: compress interest-bearing debts and corresponding IFRS
(8) Associate: to cultivate glocal associates that enjoy a work-life
balance
“Cost Innovation 30” activity (2010 -2011)
➀Safety innovation
➁Quality innovation
➂Design innovation
➃Production innovation
➄Management innovation
➅Cost innovation
by 6 innovations
Total cost 30% reduction
■“Cost Innovation 30” activity
1. 15 new reform projects of the OCEAN-12 are implemented by 15% of full-time staff (60 people).
2. Increasing efficiency by doing existing work and daily management with 85% of the
work force.
3. By the year 2011, reform 30% of total cost of target vehicle, parts, and processes.
4. Through these activities, cultivate the next generation of associates with Genchi Genbutsu.