YOKOWO VIET NAM CO., LTD.
ActiveYOKOWO VIET NAM CO., LTD.
ActiveYOKOWO VIET NAM CO., LTD.
ActiveSummary
YOKOWO VIET NAM CO., LTD. (Vietnamese name: CÔNG TY TNHH YOKOWO VIỆT NAM) is a wholly foreign-owned enterprise that has emerged as a vital link in the global supply chain for automotive communication equipment. Established on July 28, 2011, and headquartered in Dong Van II Industrial Park, Duy Minh Ward, Duy Tien Town, Ha Nam Province, Vietnam, the company has now operated successfully for over 13 years. It is registered under the Ha Nam Province Department of Planning and Investment with business ID and tax code 0700541822.
The company is a one-member limited liability company, fully owned by YOKOWO COMPANY LIMITED, a reputable Japanese corporation headquartered in Tokyo. As a foreign direct investment (FDI) entity, YOKOWO VIET NAM CO., LTD. operates with a paid-up capital of approximately USD 6.84 million and employs around 4,200 workers. It specializes in manufacturing and processing communication components such as antennas, cables, and GPS modules for the automotive industry. In addition to manufacturing, the company is also engaged in business support services, technical consultancy, and wholesale trade.
Under the leadership of Mr. Nishimura Daisuke, the General Director of Japanese nationality, the company has maintained a strong focus on technical excellence, operational efficiency, and sustainable growth. YOKOWO VIET NAM’s financial performance in recent years reflects a significant upward trend. In the fiscal year ending March 31, 2024, the company recorded total assets of USD 65.86 million, representing a 14.44% increase year-over-year. Its owner’s equity grew to USD 31.61 million, up by 42.55% compared to the previous year, indicating solid capitalization and reinvestment practices.
Sales performance also showed remarkable improvement. From FY 2023 to FY 2024, total sales increased by 25.52%, reaching USD 203.07 million. This robust growth followed a slight decline in 2023 and indicates a strong market rebound and demand for YOKOWO’s high-quality automotive communication components. Most impressively, the company’s net profit surged to USD 7.93 million in 2024, a remarkable increase of 173.91% compared to the previous year, highlighting effective cost controls and enhanced productivity.
The company’s net worth is closely aligned with its equity value, reported at USD 31.54 million in 2024, reinforcing its financial stability. It also maintains a healthy working capital of USD 22.09 million, which supports its operational agility and resilience in a dynamic manufacturing environment.
With full ownership by YOKOWO COMPANY LIMITED of Japan, YOKOWO VIET NAM CO., LTD. benefits from advanced technological know-how and strategic direction from its parent company. Its position within Vietnam's industrial heartland, combined with strong financial results and a growing workforce, makes it a critical asset in Vietnam’s electronics and automotive manufacturing ecosystem.
In summary, YOKOWO VIET NAM CO., LTD. stands as a thriving example of successful Japanese-Vietnamese industrial cooperation. Its commitment to excellence in manufacturing, paired with strong financial fundamentals and high export potential, positions it as a key player in the region’s technological and automotive supply chain.
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Industry Sales Growth
0.39%
-7.46%
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394
0.0135%
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Financial Performance
| Assets | -16.09% |
| Owner’s Equity | -95.62% |
| Working Capital | -17.97% |
| Net Worth | -66.26% |
| Sales | 7.15% |
| Operating income | -35.65% |
| EBIT | 38.13% |
| Gross Profit Margin | 96.45% |
| Debt to EBITDA | 23.51% |