SHORT DESCRIPTIONS
OF
TS TECH BANGLADESH LIMITED
TS Tech Bangladesh Limited is a company limited by shares located at Adamjee EPZ in Bangladesh. The company is incorporated in Bangladesh dated 1st day of December 2015. The objectives for which the company is established to enrich people’s life in Globally through TS TECH’s unique corporate activities and to develop the company in unity with the Bangladesh society. Now the company face the issue of handling business expansion or growth. Business expansion is a stage of a company's life that is fraught with both opportunities. So TS Tech Bangladesh Limited is increase the issue of paid up capital to expand the all over business activities. The following purpose the company increased the paid up capital:
In December 2015, TS Tech Co., Ltd., Japan established TS TECH BANGLADESH LIMITED to do an industry in Bangladesh.
SHORT PROFILE OF TS TECH CO., LTD., JAPAN:
Company Name
: TS TECH Co.,Ltd.
Establishment
: December 5, 1960
Head Office
: 3-7-27 Sakae-cho, Asaka-shi, Saitama 351-0012, Japan
Lines of Business
: Manufacture and sale of seats for automobiles; interior trim and interior components for automobiles; motorcycle seats; and motorcycle parts and accessories
Number of Employees
:15,181
Total Shares Outstanding
: 68 million shares
Closing of Accounts
: March 31
Main Banks
: The Bank of Tokyo-Mitsubishi UFJ, Ltd.Sumitomo Mitsui Banking CorporationSaitama Resona Bank, Limited
Main Customers
: Honda Motor Co., Ltd. / Honda R&D Co., Ltd. / Honda Trading Corporation / Honda Access Corp. / Suzuki Motor Corporation / Yamaha Motor Co., Ltd. / Kawasaki Heavy Industries, Ltd. / Fuji Heavy Industries Ltd. / PARAMOUNT BED CO.,LTD.
Member Organization
: Japan Auto Parts Industries Association
HISTORY:
May 1954
Began producing motorcycle seats as Teito Fuhaku Kogyo Corporation's seat division.
February 1960
Teito Fuhaku Kogyo Corporation's seat division establishes a factory in Asaka, Saitama Prefecture (current location of the Head Office).
December 1960
Tokyo Seat Co., Ltd. is established (capital: ¥5 million); takes over all of Teito Fuhaku Kogyo Corporation's seat division operations.
March 1962
The Suzuka Plant is established.
June 1963
Began producing automobile seats at the Asaka Plant (current location of the Head Office).
October 1964
Capital increased to ¥20 million.
September 1965
Capital increased to ¥50 million.
October 1965
A factory is established in Gyoda, Saitama Prefecture (now called the Saitama Plant (Gyoda)).
November 1966
Capital increased to ¥100 million.
December 1968
A factory is established in Hamakita (now called the Hamamatsu Plant).
December 1969
Capital increased to ¥375 million.
July 1971
Capital increased to ¥600 million.
October 1972
Capital increased to ¥700 million.
January 1976
KYUSYU T・S Co.,Ltd. is established.
March 1976
A factory is established in Sayama, Saitama Prefecture (now called the Saitama Plant (Sayama)).
December 1976
Capital increased to ¥1.2 billion.
February 1977
TRI-CON INDUSTRIES, LTD. is established.
November 1986
TS TRIM INDUSTRIES INC. is established.
December 1986
INDUSTRIAS TRI-CON DE MEXICO, S.A. DE C.V. is established.
November 1988
The Technical Center is established.
February 1989
Capital increased to ¥4.7 billion.
September 1994
TOKYO SEAT PHILIPPINES, INC. is established(now called TS TECH TRIM PHILIPPINES, INC.).
December 1994
TS TECH USA CORPORATION is established.
March 1995
TS TECH (THAILAND) CO.,LTD. is established (joint venture).
June 1995
TS TECH NORTH AMERICA, INC. is established(now called TS TECH AMERICAS, INC.).
February 1996
The Engineering Center is established.
March 1996
TS TECH CANADA INC. is established.
May 1996
The Safety Technical Center is established.
June 1996
TRIMONT MFG. INC. is established.
October 1996
TS TECH DO BRASIL LTDA. is established (joint venture).
February 1997
TS TECH SUN INDIA PRIVATE LIMITED is established (joint venture).
October 1997
Company name changed from Tokyo Seat Co.,Ltd. to TS TECH CO.,LTD.
April 1999
TS TECH UK LTD is established.
June 2000
TS TECH ALABAMA, LLC. is established.
July 2001
GUANGZHOU TS AUTOMOTIVE INTERIOR SYSTEMS CO.,LTD. is established (joint venture).
February 2003
PT. TS TECH INDONESIA is established (joint venture).
March 2003
TS TECH (HONG KONG) CO.,LTD. is established.
June 2004
GUANGZHOU TECH INTERIOR TRIM MANUFACTURING CO.,LTD. is established (joint venture).
September 2004
NINGBO FTZ TS TRIMONT AUTOMOTIVE INTERIOR INC. is established.
September 2004
NINGBO EPZ TS TRIMONT AUTOMOTIVE INTERIOR INC. is established.
April 2005
WUHAN TS-GSK AUTO PARTS CO.,LTD. is established (joint venture).
October 2005
TriMold LLC established.
February 2007
TS TECH's stock is listed on the First Section of the Tokyo Stock Exchange.
April 2007
TS TECH INDIANA, LLC is established.
July 2008
TS TECH SUN RAJASTHAN PRIVATE LIMITED is established.
August 2010
TST NA TRIM, LLC. is established.
June 2011
TS TECH DEUTSCHLAND GmbH is established.
January 2013
TS TECH ASIAN CO., LTD. is established.
March 2013
TS TECH HUNGARY Kft. is established.
April 2013
TST MANUFACTURING DE MEXICO, S. DE R.L. DE C.V. is established.
August 2013
GUANGZHOU TS TECH AUTOMOTIVE INTERIOR RESEARCH & DEVELOPMENT CO., LTD. is established.
December 2013
TS TECH (KABINBURI) CO.,LTD. is established.
June 2014
TS TECH (MANDAL) PRIVATE LIMITED is established.
June 2014
TS TRIM BRASIL S/A is established.
BUSINESS AREAS
Our business covers all stages of the creation of interior components for automobiles, from development to production. TS TECH is a manufacturer of interior components for automobiles, and our flagship product is vehicle seats.
The core business of TS TECH is the development and production of seats and other automobile interior components. TS TECH handles all kinds of automobile interior components including seats, door trim and roof trim. We also offer package production of a combination of these items. We develop and manufacture resin-based products for motorcycles, including seats, fenders, and more. We do business with virtually all the major motorcycle manufacturers in Japan. We are also leveraging our seat-manufacturing technologies and expanding our business into other fields such as chairs for medical care.
An established global supply network in 14 countries
To serve Japanese auto makers moving production facilities overseas, TS TECH has actively pursued a global expansion strategy since 1977, when it first established a presence in North America.
We have already built a supply network in China and other Asian countries which have seen dramatic growth in recent years and have established a global network of 14 countries , including Japan. We are strengthening our global competitiveness by shifting to local production of our products, including local parts procurement, as well as by establishing a mutually complementary parts system through collaboration between local subsidiaries and regions, signing technical-assistance contracts with local manufacturers of parts in the countries in which we do not have an operating business, and establishing a worldwide management network for controlling and managing these initiatives.
TECHNOLOGY
Safety technology
Bringing happiness to all - Taking up the challenge to deliver even greater product safety.
Utilizing the latest facilities and advanced technologies, safety performance is undergoing further evolution.
TS TECH is working toward developing safety related technologies for its seats in order to protect passengers. Our Safety Technical Center in Tochigi Prefecture and TS TECH Americas, Inc. are equipped with the latest facilities, and they are engaged in continuous research and development aimed at further improvement to safety-related technologies.
TS TECH was one of the world's first seat manufacturers to introduce a sophisticated dynamic testing equipment, and it has built a system enabling highly accurate crash safety testing. TS TECH examines the results of dynamic crash tests using its own high-tech evaluation and analysis technologies, thus further enhancing the safety performance of its products.
Based on the results of safety-related research and development, we have brought new products to the market, including a seat that alleviates the impact on the neck during rear-end collisions, and a seat weight sensor system to control the deployment of air bags depending on the body weight of the passenger. We are also improving the performance of these products.
TS TECH has also unveiled technical details of "occupant protection seat for head-on crash," which alleviates harm to passengers in front-end collisions. We are developing commercial applications for this technology.
Validating safety performance of our seats by safety performance testing from all angles
Our safety testing includes Front-end Collision Dynamic Testing, which measures product durability and harm level to the passengers during front-end collisions; Seatbelt Anchorage Testing, which measures the strength of seatbelts at their anchor points; Luggage Compartment Separator Dynamic Testing, which examines product strength in the event that luggage in the luggage compartment impacts the rear seat in a collision; and Airbag Deployment Testing, which examines the deployment performance and damage caused by airbags.
Our Safety Technical Center in Tochigi Prefecture uses a wide range of testing facilities, including two dynamic testing equipments, and CAE analysis technology to validate safety performance of our products night and day from all angles, and performs research to further improve safety performance.
Active headrest seat
The Active headrest system for a seat developed by TS TECH helps to reduce the impact to the neck during rear-end collisions. It obtained a top rating of "GOOD" in a performance test conducted by the US Insurance Institute for Highway Safety (IIHS).
Occupant protection seat for head-on crash
Head-on collisions are a serious type of accident, accounting for about 60% of fatal automobile accidents (according to General Insurance Association of Japan survey).
The Occupant Protection Seat for Head-on Crash was developed to protect the safety of passengers from injuries to the lower limbs during head-on collisions.
In the instant that the sensor detects a collision, it strongly retracts the seatbelt, and simultaneously raise the front of the seat cushion and by tugging it rearward, which reduces the amount of movement of the passenger's hips. The passenger's body is held firmly to the seat, which reduces injuries to the lower limbs from the impact.
After presenting this technology at the annual spring congress (academic conference) of the Society of Automotive Engineers of Japan (JSAE) 2009 Spring Congress, the Company included this technology as a reference exhibit as part of its exhibit at the 41st Tokyo Motor Show in 2009. At present, the Company is continuing development of this technology as it works toward mass production of the system.
Environmental technology
Reducing environmental impact under the theme of "environmentally friendly manufacturing"
Reducing CO2 emissions is an urgent challenge for all of us if we are to mitigate global warming. TS TECH is reducing product weight to improve vehicles' fuel efficiency, in order to protect the global environment.
We work in many ways to reduce product weight while ensuring safety performance and riding comfort, including reviewing each constituent part of a product during the design stage, and reducing the number of components through advances in research on the materials and machining technologies. We always work to make a product lighter than its previous model.
TS TECH also independently develops technologies for materials that improve product recyclability, in order to help create a resource-circulating society.
We will actively work toward "environmentally friendly manufacturing" in order to continuously fulfill our social mission of reducing environmental impact.
Responding to environment-friendly vehicles
Recent years have seen large numbers of hybrid cars entering the market. The parts for these hybrid cars must be made lighter; additionally, these cars' distinctive body shapes, battery layout, and other factors can place more limitations on the car's internal space than gasoline cars.
Under these circumstances, TS TECH manufactures seats that meet these requirements at a high level, through our research and development to improve seat shapes in order to make the automobile interior as spacious as possible, and improve the structure of the body mount and riding comfort.
New cushioning material "Respirare"
Conventionally, most seat cushioning material has been composed of urethane, but TS TECH is currently engaged in research and development on use of polyester as a cushioning material – the same material that is used for seat covers.
We are currently developing commercial applications for this new cushioning material. By making seats of single material, it will be possible to recycle them without the need for disassembly or separation, and it is lighter and more breathable than urethane.
Attractive product technology
Creating “wonder” and “fun”
Presenting multifunctional seats that improve user convenience
Nowadays, in addition to natural expectations of safety performance and design excellence into automobile interior products, manufacturers demand the incorporation of multi-functional technologies - for example, seat arrangements that are comfortable for the passenger and easier to use. TS TECH is meeting these needs of the age by manufacturing products such as seats that conform to a wide variety of layouts with simple operation and seats that stow under the floor automatically.
For motorcycles, TS TECH has produced world firsts such as a reclining seat that the rider can lean against and a sliding seat that can be adjusted to accomodate to the rider's height.
We actively contribute to the value of finished vehicles by developing product concepts that are born out of research into user needs and through our use of the high level multi-functional technologies that are required to turn those ideas into products.
Seats that easily stow individually underfloor
We have developed 3rd row seats which stow underfloor that are easier to operate and even safer than the originals.
Just by pulling a strap located at shoulder height on the seat, the seatback will fold forward and the seat will lower into the floor, requiring little more than a push to create a flat, spacious luggage area. In addition, the layout offers improved usability through the addition of left and right seats that stow individually, making it possible to enter the vehicle as well as load and unload items using the rear hatch. The seats can be returned to their original position safely and easily thanks to an assist mechanism and device to control the speed of the seats’ movement.
A comfortable seat that reduces fatigue based on ergonomic research
So that we can develop seats that properly support vehicle occupants, TS TECH seeks to determine what it is that creates the feeling of comfort the moment after sitting down and searches for factors that reduce fatigue when one sits for an extended period of time. Different people feel comfort and fatigue in different ways, so we convert the relevant factors into numerical values that can be measured and evaluated, working toward the commercial development of even more comfortable seats through the application of ergonomic research.
Seats that pursue comfort
Many of TS TECH’s seats are designed from a unique perspective to support the body from the sacrum/spine to the 9th thoracic vertebra and reduce fatigue while driving. We measure and analyze the curvature of the spine, and, in order to create seats that are contoured to make the passenger feel comfortable, we have installed springs in the seatback, resulting in seats that offer a more secure fit, maintain a posture that does not put pressure on the hips and reduce fatigue on long drives.
Making use of a variety of technologies to further enhance the quality of surface finishes
Visual beauty is an important element in ensuring that we can offer an appealing product to users. TS TECH conducts research into materials and processing technologies so that it can continue to improve finish quality, which depends on the application of a variety of different technologies.
The technologies that we use to provide high finish quality are a fusion of a thorough understanding of the characteristics of materials such as cloth and leather and expert processing technologies. Examples include “wrinkle technology processing” that results in a beautiful gather in automobile seat leathers and “real stitching” that is utilized for motorcycle seats.
Pattern-transfer technology used in “real stitching” for motorcycle seats
TS TECH has developed a processing technology that reproduces the appearance of stitching and patterns on the surface of a single seat cover. We have improved the finish quality of motorcycle seats by increasing the amount of design freedom through the use of realistic “stitching” that looks just like the real thing. This also helps to make the seat more durable, by preventing water from penetrating into the seat interior.
―TS Tech Philosophy―
"Due regard for human resources" "A company welcomed with joy"
We will always provide comfortable,high-quality products at a competitive price for customers all over the world,pursuing our dreams through creating products and challenging infinite possibilities.
Create a bright working atmosphere, respecting harmony and communication among people.
Work in a harmonious manner, making the most effective use of time and observing priorities.
Challenge the creation of new value, using wisdom in an enthusiastic manner.
Strive constantly for the realization of individual visions.