Sales: $239 million
Description: Key Personnel
Toshio Yoshida, president, Oshiaki Mizutani, managing director; Yasufumi Matsumiya, director; Masahir Kimura, director
Resin bonded, needlepunched, thermal bonded, wetlaid, spunlace, meltblown, tackspun
Apparel interlinings, apparel insulations, air filters, plaster bases, automotive mats, automotive headliners, battery electrode separators
Gross sales of the consolidated financial statement of fiscal 2009 (from April 2009 to March 2010) for Japan Vilene, Japan’s largest nonwovens producer, decreased 8.8% compared to the previous year’s period. By department, apparel and medical materials sales decreased 4.1% to ¥10.1 billion, automotives sales decreased 17.9% to ¥17.7 billion, air filter materials decreased 13.9% to ¥6.9 billion and industrial materials increased 12.3% to ¥9.8 billion.
Increasing demand for nonwovens as separators in nickel metal hydride batteries for hybrid cars was the key factor in the growth of the industrial market; however, other markets were hurt significantly by the global economic crisis. Still sales overall grew slightly from ¥20.4 billion to ¥20.7 billion.
In terms of regional sales in 2009, ¥36.7 billion was in Japan, a 3% decrease, ¥9 billion was in North America, a 26% decrease, and ¥0.1 billion, a ¥39.3 million increase, were in Asia.
North American sales were driven down by a reduction in the use of automotive floor mats brought on by lower automotive sales in the continent. On the other hand, a rebound in automotives sales, as well as increased production of the hybrid automotives market, have contributed to rebounding sales in this market.
Japan Vilene devised a medium-term management vision in June 2020 to achieve consolidated sales of ¥70 billion by March 2015. This would mean an increase of ¥13 billion in new businesses and ¥11 billion in existing businesses. At the same time, the company will raise the consolidated ordinary income to ¥6.5 billion in March 2015 from its current level of ¥2 billion.
From a production stand-point, this strategy calls for the introduction of state-of-the-art and high functioning equipment to produce high value added products. In the Shiga site, Japan Vilene is developing investments with low environmental impact