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Company Name
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Hyundai Dymos, Inc.
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Headquarters:
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703-2, Galhyeon-ri, Seongyeon-myeon, Seosan-si, Korea
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Homepage:
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http://www.dymos.co.kr
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Business
Segment :
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-A manufacturer of transmissions, axles and seats. It is a member of the Hyundai Motor Group.
-The Company entered the car seat market in 2005 through a strategic alliance with Lear Corporation of the U.S.A.
-The Company's axles and transmissions are used in all the truck and bus models manufactured by Hyundai Motor and Kia Motors.
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Products:
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Axles
Transmissions
Seats
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Customers:
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Hyundai Motor Company
Kia Motors Corporation
Ssangyong Motor
Hyundai Mobis
Daewoo Bus
Tata Daewoo Commercial Vehicle
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Number of Employees:
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1,071 employees (as of Dec. 31, 2010)
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Shareholders :
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As of Dec. 31, 2010
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Main Shareholders
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Hyundai Motor Company
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47.3%
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Kia Motors Corporation
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45.4%
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Hyundai WIA Corporation
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5.1%
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Total
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97.8%
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Board Member :
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Yoon, Joon Mo (CEO)
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Business Highlights :
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Highlights in Recent Years
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Financial Overview (Non-consolidated)
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(in millions of won)
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-
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FY2010
(ended
Dec. 31)
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FY2009
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Rate of
change
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Remarks
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Sales
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1,163,709
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909,831
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27.9%
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FY2010 Sales by segment (% of sales)
Powertrain Division :
594,225 million won (51.1%)
Seat Division :
524,975 million won (45.1%)
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Operating income
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46,679
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30,962
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50.8%
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-
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Net income
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43,514
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17,482
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148.9%
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-
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Affiliates
Companies :
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Major subsidiaries and affiliates
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As of Dec. 31, 2010
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Company
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Location
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Scope of business
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Shareholding
ratio
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Korea
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Mseat Ltd.
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Asan,
Chungcheongnam-do
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-Manufacture of automotive seats
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99.81%
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Metia Corporation
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Changwon,
Gyeongsangnam-do
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-Manufacture of automotive casting products
- This company has production facilities in both Ulsan City and Asan City, Chungcheongnam-do
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48.53%
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Overseas
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Beijing Lear Dymos Automotive Seats & Interiors Co., Ltd
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Beijing,
China
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-Manufacture of automotive seats
-A joint venture company between Lear Corporation of the U.S. and the Company
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40.00%
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Dymos Powertrain System (Rizhao) Co., Ltd.
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Rizhao,
Shandong Province,
China
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-Manufacture of powertrain components
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100.00%
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Dymos Czech Republic s.r.o
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Frydek-Mistek,
Czech Republic
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-Manufacture of automotive seats
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100.00%
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Dymos India Automotive Private Limited
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Chennai,
Tamil Nadu,
India
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-Manufacture of automotive seats
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100.00%
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Dymos Lear India Private Limited
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Chennai,
Tamil Nadu,
India
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-Manufacture of automotive seats
-A joint venture company between Lear Corporation of the U.S. and the Company
-In July 2008, the Company acquired a majority of the stake in Hanil Lear India Private Limited.
This joint venture adopted a new corporate name accordingly.
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65.00%
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Dymos Auto Parts Manufacturing Brazil Ltda
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Sao Paulo,
Brazil
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-Manufacture of automotive seats
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100.00%
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Sales Data:
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Sales by Product (Non-consolidated)
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( in millions of won )
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-
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FY2010
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FY2009
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FY2008
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Transmission,
Axle
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Korea
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500,087
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361,049
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415,760
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Export
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94,138
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36,355
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37,563
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Total
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594,225
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397,405
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453,322
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Seat
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Korea
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450,925
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392,143
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387,197
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Export
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74,050
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62,905
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16,848
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Total
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524,975
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455,048
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404,045
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Heavy equipments
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Korea
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44,510
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57,378
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45,759
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Export
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-
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-
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-
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Total
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44,510
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57,378
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45,759
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Total
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Korea
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995,522
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810,571
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848,716
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Export
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168,188
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99,260
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54,410
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Total
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1,163,710
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909,831
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903,126
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Financial Status :
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Source :
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http://www.dymos.co.kr
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