Yazaki Corporation

Starting as a small Japanese family business selling wiring harnesses for automobiles in 1941, Yazaki Group in 2011 employs more than 192,000 people worldwide, with about 90% of them (171,000) outside Japan. After World War II, Yazaki focused on automotive wire harness production and grew rapidly. Overseas growth increased strongly between 1974 and the 1990s. There were external and internal reasons for this increase. The main external reason was the general trend of Japanese automotive companies to move production abroad to avoid trade sanctions in this period. This strategy change was accompanied by a change of leadership within Yazaki, when heir Yasuhiko Yazaki succeeded the founder Sadami Yazaki in 1974, aged only 33. Between 1974 and 1990, overseas sales grew roughly 30 times (from about ¥4 Billion in 1974 to ¥116 Billion), while overseas employees increased tenfold (from 2,922 to 33,703).

Yazaki India privet limited is the official supplier of Mahindra BE 6 and XE 9e, AR based Heads-Up-Display (HUD).

Controversies

Price fixing

On January 30, 2012, the US Justice Department announced after two years of investigation that it had discovered part of a massive price fixing scheme in which Denso and Yazaki played a significant role. The conspiracy, which fixed prices and allocated components to such car manufacturers as Toyota and Honda, extended from Michigan to Japan, where it was also under investigation. Denso agreed to pay a fine of $78 million. Yazaki agreed to pay a fine of $470 million, and four Yazaki executives were sentenced to prison and assessed a $20,000 fine each.