- Business
- EXEDY Corporation is a Japan-based global manufacturer specializing in drivetrain components for automobiles, industrial vehicles, and construction machinery. Founded in 1950 and headquartered in Kanagawa, Japan, EXEDY operates through 52 affiliates across 25 countries. The company's core products include manual clutches, torque converters, motorcycle clutches, clutch covers, clutch discs, flywheels, power shift transmissions, brakes, retarders, and related transmission parts. It supplies these components to a diverse customer base including passenger vehicles, trucks, buses, motorsports, and construction and agricultural machinery sectors. EXEDY also develops advanced drivetrain systems for electric vehicles, such as in-wheel motors, e-axles, direct drive modules for hybrid electric vehicles, and clutch modules tailored for hybrid and plug-in hybrid platforms.
Recent major company changes include a strategic acquisition in 2024 of shares in PRE-EV Mobility, a company specializing in electric drive systems for commercial vehicles, to enhance EXEDY's electric vehicle technology portfolio. EXEDY also formed a significant partnership with a leading electric vehicle manufacturer to supply advanced drivetrain components, projected to add approximately $50 million in revenue over three years. The company has increased investment in research and development, with around $27 million allocated in 2023 to accelerate innovation in EV-related products. Operationally, EXEDY has streamlined its North American operations by closing its torque converter plant in Tennessee due to sluggish sales but continues to expand its aftermarket distribution via its wholly owned U.S. subsidiary, EXEDY Globalparts Corporation, serving North, Central, and South America.
EXEDY’s business segments encompass automatic transmissions (torque converters, dampers, clutch parts), manual transmissions (clutch discs, clutch covers), transmission systems for industrial equipment and machinery, and advanced products for BEV, HEV, and PHEV vehicles. The company supports 11 Japanese vehicle manufacturers and leading global OEMs such as GM and Ford. Its product range also includes specialty motorcycle clutches, pneumatic clutch systems for commercial vehicles, and motorsport performance clutches under prominent brand names. EXEDY’s footprint spans Asia, North America, and other global markets, reflecting its strategic commitment to innovation and expansion in the evolving automotive powertrain sector.