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Latest update: 13/07/2017 16:27:43

Honest Co., Ltd.

We help reduce CO2 emissions by reviving used auto parts, components, and assemblies.

Our system covers the entire process of used automotive parts production from design and manufacturing to sales. Our process complies with ISO 9001, ISO 14001, and PAS 3100, which is the global standard for remanufacturing of automotive parts. We dismantle auto components and assemblies into individual parts, then thoroughly inspect, clean, and repair them. We replace all consumables with new ones before reassembly. We have established standard values for these replacement parts based on the original performance values of genuine parts. We also restore their power performance and durability to almost the same levels as genuine parts. We intend to help reduce environmental loads by applying our remanufacturing techniques to other areas besides auto parts.

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[Company strength]
Since the remanufacturing of used auto parts helps reduce CO2 emissions, our entire process from design and manufacturing to sales contributes to the environment. Our process complies with ISO 9001, ISO 14001, and PAS 3100, which is the global standard for remanufacturing of automotive parts. We basically dismantle auto components and assemblies into individual parts, then thoroughly inspect, clean, and repair them. We replace all consumables with new ones before reassembly. We have established standard values for these replacement parts based on the original performance values of genuine parts. We also restore their power performance and durability to almost the same levels as genuine parts.

[Business description]
Our company remanufactures parts, components, and assemblies removed from used vehicles, mainly drive shafts, alternators, starter motors, power-steering pumps, 4WD couplings, and vaporizers for LP gas cars. Our company and contractors offer rebuilt products such as automobile engines, automatic transmissions, AC compressors, turbochargers, and electronically controlled throttles.

[Industry]
Manufacturing of transportation parts and components

[Strength of products/technologies]
In Japan, we handle parts, components, and assemblies of all Japanese automakers and distribute them to dealers, major agencies, and used parts vendors. We make continuous efforts to add to our product lines parts, components, and assemblies for which the 5-year warranties have expired. In other countries, we plan to expand our sales channels to the markets of Southeast Asia, Middle East, and Europe with our Vietnam plant (in Hanoi) as the hub of our global strategy. Our joint venture plant in Wuhan, China will play the key role in exploiting the demand in the Chinese market. We also intend to start new businesses in addition to auto parts by making full use of our existing remanufacturing technology.

[Representative's message]
Our company is celebrating its 25th anniversary. With the market for passenger cars shrinking and new-generation automobiles increasing in number, we are working to expand our business by enhancing our product lineup and entering overseas markets and new businesses. Although a newcomer in the remanufacturing of used automotive parts, we were quickly recognized as a leading company of the industry, thanks to our efforts to offer high-quality, safe, long-lasting products that alleviate environmental loads. Our technology revives old products that would otherwise be abandoned. Through JEGTEC, we intend to make our technology widely known and help reduce environmental loads.



[Company structure for market development/overseas expansion]
We plan to enhance the Vietnam plant’s role and increase exports of remanufactured automotive parts. One of the most important elements in our business is the procurement of used parts. However, in overseas markets, the practice of automatically returning used auto parts to remanufacturers is rare. It is necessary to establish an auto parts cycle in which old parts are consistently returned after replacement with new ones to ensure the continuation of remanufacturing business. We plan to expand the sales of revived auto parts having the same functions and warranties as in Japan through our plant in China. We also intend to provide other areas besides automobiles with comprehensive support services to inspect, analyze, report, and remanufacture even parts returned due to defects or other complaints.

[Awards and media coverage]
Featured in the monthly magazine “Jidosha Recycling” in an article “Current situation and the future of remanufactured auto parts” (October 2014 issue). Featured in the program “Business chances in the Chinese market: Recycling low-quality parts” on TV Tokyo’s WBS (broadcast on June 1, 2016).



[Authorization/Certification]
ISO 9001, ISO 14001, PAS 3100

[Intellectual property]
Registered patent “Information providing method, information server, and information system for automobile-related parts” (Patent No. 4184338)




[Main Clients / Business History (domestic)]
Hitachi Auto Parts & Service Co., Ltd.

[Main Clients / Business History (overseas)]
Indirect transactions through trade companies

This company is recommended by the following support organizations.

Kanto Head Office, SMRJ
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