YAZAKI HAIPHONG VIETNAM LTD.

YAZAKI HAIPHONG VIETNAM LTD.: Losses Deepen at One of Vietnam’s Largest Auto Parts Manufacturers

YAZAKI HAIPHONG VIETNAM LTD. (CÔNG TY TNHH YAZAKI HẢI PHÒNG VIỆT NAM) is a Japanese-invested limited liability company operating in Vietnam since 2001. With a legal business ID and tax code of 0200438947, the company specializes in the production of wire harnesses and auto components and is located in the Japan-Hai Phong Industrial Park, Hai Phong City. It also maintains significant branches in Thai Binh and Quang Ninh provinces and employs a workforce of around 15,000 people.

In fiscal year ending March 2023, YAZAKI HAIPHONG VIETNAM LTD. recorded a revenue of USD 336.2 million, down 14.47% year-over-year. Profitability worsened significantly with a net loss of over USD 8.1 million, compared to a near break-even result the year before. Equity dropped to USD 50.3 million, while total assets decreased slightly to USD 180 million. The company’s working capital also turned deeply negative, suggesting operational stress that may require close attention moving forward.

Under the leadership of General Director Mr. MIZUTA KAZUNORI, the company continues to operate actively, but current trends reflect a challenging environment for export-driven manufacturers in Vietnam. As the global automotive supply chain adjusts to slower growth and rising costs, risks may emerge for suppliers like Yazaki without adequate liquidity buffers.

Given the scale of operations and the size of financial losses, it is crucial for partners, investors, or service providers to conduct careful risk assessment. VANGUARD BUSINESS INFORMATION LLC (VBI) offers services that include credit report analysis, financial health verification, and shareholder and director checks to support sound decision-making in cross-border business activities.

For in-depth company reports and risk intelligence, visit https://www.vnbis.com, Vietnam’s trusted partner in business verification and financial due diligence.