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Showa Corporation

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SHOWA Corporation
Native name
株式会社ショーワ
Company typePublic KK
TYO: 7274
ISINJP3360300002
IndustryAutomotive
FoundedOctober 28, 1938; 86 years ago (1938-10-28)
Headquarters,
Japan
Area served
Worldwide
Key people
Nobuyuki Sugiyama
(President)
Products
RevenueIncrease JPY 291.9 billion (FY 2017) (US$ 2.7 billion) (FY 2017)
Increase JPY 13.8 billion (FY 2017) (US$ 130.7 million) (FY 2017)
Number of employees
12,761 (consolidated, as of March 31, 2018)
WebsiteOfficial website
Footnotes / references
[1]

Showa Corporation (株式会社ショーワ, Kabushiki-kaisha Shōwa) is a manufacturer of high-performance automotive, motorcycle and outboard suspension systems based in Gyoda, Saitama in Japan.[2]

SHOWA Corporation headquarters in Gyoda, Japan

The company was founded in 1938 as Showa Aircraft Precision Works.[3] In Japan's drive to develop its military capability in preparation for World War II, Showa supplied aircraft suspension and landing systems to various aircraft manufacturers.[citation needed] Banned from developing or manufacturing aircraft systems after the war, Showa entered the car components industry, using its aircraft knowledge to develop specialist suspension products for motorcycles made by the new company Honda. The relationship between Showa and Honda developed over the years, with Honda Racing Corporation accounting for more than 50% of Showa's business.[citation needed]

In 1950 Showa acquired Rikuo Motorcycle, which made licensed versions of Harley Davidson motorcycles in the 1930s and 1940s.[4] Rikuo brand lasted until 1962. Showa has since become OEM supplier to Harley Davidson.[5]

Showa has overseas facilities in Brazil, Canada, China, India, Indonesia, Mexico, Spain, Taiwan, Thailand, United Kingdom, United States and Vietnam.

Showa was an official IndyCar Series shock absorber supplier from 2007 to 2011. Showa remained IndyCar Series shock absorber supplier since 2012 but only for Honda-powered teams.

See also

References

  1. ^ "Company Overview". SHOWA Corporation. Retrieved November 23, 2018.
  2. ^ "About the company". Financial Times. Retrieved November 23, 2018.
  3. ^ "The History of Showa Corporation". SHOWA Corporation. Retrieved November 23, 2018.
  4. ^ Alexander, Jeffrey W. (January 1, 2009). Japan's Motorcycle Wars: An Industry History. UBC Press. p. 82. ISBN 978-0-7748-5844-1.
  5. ^ Field, Greg. Harley-Davidson Evolution Motorcycles. The Quarto Group. p. 51. ISBN 978-1-61060-948-7.