To become a “continuously selected company” based on the
trust of all our stakeholders
TACHI-S was founded in 1954 as Tachikawa Springs Co., Ltd. as a company that handled spring parts necessary for
assembling automobile seats. Since its establishment in 1954, we have continued its journey as an integrated
automobile seat manufacturer (from design/ development to production) while gaining the trust from many customers. We
are doing business with them both domestically and internationally
The TACHI-S Group’s Corporate Vision "To live in harmony with individuals and society and to put smiles on
people's faces by continuously creating living spaces of comfort and enrichment“. We engage in daily activities
with the aim of contributing to the realization of a sustainable society by responding to the requests and
expectations of our stakeholders in pursuit of achieving our vision
This year, 2024, marks TACHI-S's 70th anniversary since its founding. The underlying spirit of "Mutual respect and
cooperation", our corporate motto has been a part of our history. “Mutual respect and cooperation” ―
meaning cherish the harmony among people in a spirit of mutual respect and support and approach things with a sense of
mission and responsibility ― is an attitude of contributing to society and company’s business by achieving high
goals and objectives through organizational synergies. We have inherited this fundamental value since we started our
business.
In the spirit of “Mutual respect and cooperation”, we aim to become a “continuously selected
company” based on the trust it earns by working to solve issues faced by its businesses and stakeholders.
History
This year, 2024, marks TACHI-S's 70th anniversary since its founding. The underlying spirit of "Mutual respect and
cooperation", our corporate motto has been a part of our history. “Mutual respect and cooperation” ―
meaning cherish the harmony among people in a spirit of mutual respect and support and approach things with a sense of
mission and responsibility ― is an attitude of contributing to society and company’s business by achieving high
goals and objectives through organizational synergies. We have inherited this fundamental value since we started our
business.
Business
TACHI-S is an independent automotive seat manufacturer. We have been doing business with many customers in
Japan and overseas. We meet a wide range of customer needs through our unique technologies, development capabilities,
and manufacturing capabilities. In some of our business operations, we are also able to flexibly manage businesses by
leveraging the strengths of each of our partners in response to the business environment and strategies.
Strengths
1. Continuing to make use of our independent strengths to offer value-added proposals
TACHI-S is an independent automotive seat manufacturer that does not belong to any group. We continue to make
valuable proposals based on our technology, development, and manufacturing capabilities, which we have refined while
meeting the expectations of many customers, as well as on the experience and know-how we have gained through our
business with many customers.
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Product Information
2. Provide customers with a reliable system for the entire operation process starting from advanced development
TACHI-S is engaged in the design, development, manufacturing, and delivery of automotive seats, and promotes business
operations and customer with "quality first".
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Technology development / Innovation
3. Provide a system that can respond globally
TACHI-S is operating with its regional headquarters in Japan, China, North America, and Latin America at its core,
and working with its regional operating companies as a global one-team group.
Global Network: 11 countries、66 sites
at time of 1 April, 2024
No. of employees: 10,556 (Consolidated)
at time of 31 March, 2023
Global Network
Financial performance (on a consolidated basis)
In the Transformative Value Evolution (TVE) mid-term management plan, the plan targets net sales of 270 billion yen
and operating income of 9-10 billion yen for the fiscal year ending March 31, 2025.
We are also committed to management that focuses on capital efficiency, with a goal of 8% ROE and a stretched target
of 10% ROE. DOE is planned for 4% in terms of shareholder returns.
Financial highlights
Sustainability
The TACHI-S Group’s Corporate Vision "To live in harmony with individuals and society and to put smiles on
people's
faces by continuously creating living spaces of comfort and enrichment“. We are engaged in promoting ESG
activities
with the aim of contributing to the realization of a sustainable society by responding to the requests and
expectations of our stakeholders in pursuit of achieving our vision
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Sustainability
Going forward
TACHI-S is currently working on its mid-term management plan "Transformative Value Evolution (TVE)" for fiscal years
2021 - 2024. TACHI-S aims to improve its corporate value by transforming its operations through "Deepening" in the
existing automobile seat business domain and then use the results of “Deepening” for expansion of its
business domain by creating innovations that lead to new value through "Renewing" and "Innovating“. We will
return the results of these efforts to each stakeholder and make investments for growth.
The direction of business that TACHI-S is aiming for with TVE
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