- Business
- Hi-Lex Corporation manufactures and sells control cables and remote operation systems for automotive, industrial equipment, medical equipment, and marine sectors worldwide. Founded in 1946 and headquartered in Takarazuka, Hyogo, Japan, the company produces core products including push-pull cables, pull cables, SPIRAX cables, actuators, power lift gate systems, wheelchair anchoring systems, electronic parking systems, door modules, window regulators, ECU electronic controls, accelerator actuators for construction machinery, dampers and elevated grilles for system air conditioners, operator units for high windows, drain valve cables, bath assists for nursing care, and operation boxes for marine vessels; it operates sales offices in Tokyo, Nagoya, Hamamatsu, Hiroshima, and Utsunomiya, Japan, with plants in Takarazuka, Sanda, Sanda-Nishi, Kaibara, Mikkabi, and overseas in the U.S.A., South Korea, Indonesia, Thailand, Mexico, China, Vietnam, India, Hungary, Germany, Brazil, Italy, Spain, the Czech Republic, and Serbia. Hi-Lex Corporation targets automotive original equipment manufacturers, construction machinery producers, housing equipment suppliers, shipbuilders, and nursing care providers primarily in Japan and international markets. In May 2025, the company entered a share transfer agreement to acquire Mitsui Kinzoku ACT Corporation from Mitsui Mining & Smelting Co., Ltd. for ¥11.3 billion, aiming to integrate products and technologies for technological innovation, with completion expected between October and December 2025; it also completed the acquisition of Mitsui Kinzoku ACT shares, converting it into a subsidiary as announced in September 2025, and revised its full-year consolidated financial forecast for the fiscal year ending October 2025 while reporting financial results for the nine months ended July 31, 2025.