On June 29th, starting from 10Am at Kiryu Chamber of Commerce K-BIC (Kiryu Business Intelligence Convention) Hall, the 93rd stock holders meeting was held. The result of business and the consolidated financial numbers were reported for the 93rd fiscal year (April 1st, 2021 to March 31st, 2022) as well as the report by the accounting auditor.
Further, disposal of surplus, partial amendment of articles of incorporation, appointment of 6 new directors and presenting severance pay to retired directors were discussed and approved.

Ogura showcased its products at 27th, M-TECH show, held between June 22nd and 24th at Tokyo Big Site.

Along with Ogura’s primary product group, industrial clutches and brakes, new products and demonstration machines were also exhibited. Among them were spring actuated brakes with a real time remaining life monitor system and another spring actuated brakes specialized for a large hallow shaft. The latter has the largest ID to OD ratio in the industry. The show was well attended.

Ogura’s three subsidiaries, Tokyo Seiko, Sansen and Sunaga Donguan have new names:

1.Company profiles for the subsidiaries

■Company Logos

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■Company Logos

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■Company Logos

2.Effective date

May 1st, 2022

3.Reason for change

Tokyo Seiko Co., Ltd., Sansen, Co., Ltd., and Sunaga Seiko Denshi (Dongguan) Co., Ltd. have become members of the Group and have continued their initial trade name even after joining the group. This time, the Group has changed the trade names of the three companies to Ogura Reikan Tanzo, Co., Ltd., Ogura Denshi, Co., Ltd., and Ogura Seiko Denshi (Dongguan), Co., Ltd.

We will continue to carry out manufacturing of products at each company, and will meet the expectations of our customers with a new determination.

Ogura Industrial Corporation, a U.S. subsidiary of Ogura Clutch, Ltd. exhibited at GIE+EXPO 2021 trade show (A.K.A. Lawn Mower Show). This trade show is the largest of its kind in North America that showcases various Outdoor Power Equipment. Most of Ogura Industrial’s main customers exhibit at this show to showcase their riding lawn mowers on which Ogura’s GT clutches are used to engage and disengage blades that cut the grass. The scale of this market is known to be over 30 billion dollars. It is one of the major industries in the U.S., which is growing every year.

Many lawn mower makers set up outdoor booths as well so that attendees can test ride their lawn mowers. The show also attracts many dealers from all over the country and regular consumers from the local area. Some of the booths offer free drinks and even live music, creating a festive atmosphere throughout the show.

Ogura Industrial exhibits at this show every year and showcases various electromagnetic clutches and brakes. In addition to the indoor booth, it set up an outdoor booth to display the “Monster Mower,” which was designed and built by a lawn mower racer whom it sponsors.

The show was unfortunately cancelled last year due to Corvid, so this year, it was very busy with many attendees who seemed very eager to get back to some normalcy.

On July 14, Ogura Corporation in Michigan, USA received the 2020 Achievement Award from MACI. This award is given to suppliers who have made outstanding achievements in quality, price, and delivery.

This time, OC was ranked first among 30 suppliers, so it is very meaningful and honorable, and it is the result of achieving zero defects, low cost, and on-time delivery.

We received a letter and a certificate from MACI. The letter expressed deep gratitude to all OC employees. We are proud of this award and will continue to strive for further production activities.

On July 13th, Ogura Industrial Corporation in New Jersey, USA was awarded the Supplier of the Year award from their main customer, Bad Boy.

Bad Boy is a major manufacturer of commercial lawn mowers, and our electromagnetic clutches and brakes are used to drive and stop the lawn mower blades (blades are used for mowing lawn). Electromagnetic clutches and brakes are manufactured by our plant in China, Ogura Clutch Dongguan Co., Ltd.

This award is a great honor as only one company among many is selected by Bad Boy.

The world’s first hydrogen engine from the team “Rookie Racing” was used at the “NAPAC Fuji Super Tec 24 Hour Race” held at Fuji Speedway from May 21st-22nd.
The race vehicle is a modified Corolla Sport which burns compressed hydrogen to power a turbocharged 1.6 liter in-line three cylinder engine.
Among the professional drivers was Mr. Toyota “Morizo”, President of Toyota Motor Corporation who also took the wheel for a portion of the race to further promote the hydrogen engine.  The Corolla Sport was fitted with the Ogura carbon fiber reinforced GR clutch.  This is the same clutch that has been adopted by Toyota as an option on GR Yaris OEM vehicles and was also used in the GR Yaris in last year’s Fuji 24 Hour Race, that helped win the championship. It is a great honor to be involved in this historic vehicle with the world’s first hydrogen race engine.  Ogura will continue to learn from the data gathered during this race to further improve clutch products.

At JTEKT Corporation supplier conference was held on the web on April 21st, 2021. In his speech, the president of JTEKT, Mr. Sato gave the words of appreciation to the suppliers that with their help, the company was able to close the fiscal year 2020 without major production incidents, despite the pandemic and more than the usual number of natural disasters during the year. At the award ceremony after the conference, Toyo Clutch (Ogura’s group company) received VE/VA award. It is their recognition of our effort to reduce the cost and enhance competitiveness by transferring production of some products to China. Ogura is committed to continue improving Quality, Cost and Delivery.

On March 25th, 2021, three officials from the department of industrial promotion of the city of Midori visited Ogura No. 3 plant to award Ogura the letter of appreciation for being a major economic contributor for the city. The letter was acknowledgement of Ogura’s sustained business with Sato Seiki, Ogura’s supplier located in the city of Midori, which contributed the economic development of the city. Ogura will continue improving its engineering capabilities and product quality as well as delivery and care for the environment in order to be part of the economic development of the city of Midori.

We regret to say that we have decided not to exhibit at “TOKYO AUTO SALON 2021” scheduled for January 15th (Friday) – 17th (Sunday), 2021.

The number of people infected with the new coronavirus is declining little by little, but the situation remains highly unpredictable. Ogura came to this decision because we must give priority to the safety of employees, their families, and related parties. Thank you for your understanding.

We will continue developing aftermarket, including motor sports, and hope that all the customers who have been visiting our booth and cooperating with us, will continue to support Ogura (ORC, ARUGOS).