This depends on the overall operation of the company.
The Shinano head office was established in 1918 at 1078 Maruko, Nagano, Japan. it started out as a silk company. Since its establishment, the head office has never run a deficit and has remained profitable for more than 80 years. With foresight, technological innovation, knowledge intensification, and internationalization as its strategic goals, the head office has established overseas companies in the United States, Belgium, Thailand, China, and other countries.
Dongguan Shinano Motor Co., Ltd. was established in 1918 at 1078 Maruko, Nagano Prefecture, Japan, initially as a silk company. Since its establishment, the head office has never operated in the red and has remained profitable for more than 80 years. With the strategic goals of foresight, technological innovation, knowledge concentration, and internationalization, the head office has established overseas companies in the United States, Belgium, Thailand, China, and other countries. After more than 80 years of development, we now have four major components: the Functional Materials Division (in Thailand, the world's *largest silk fiber company), the Electronics Division (the main product is the DVD-Recordale Drive), the Printing Division, and the Precision Motors Division. Dongguan Shinano Motor Co., Ltd./Yantian Shinano Motor & Electronics Factory is a branch under the Precision Motor Division.
Dongguan Shinano Motor Co., Ltd. and Yantian Shinano Motor & Electronics Factory were established in April 1991. In April 1991, Shinano Head Office and Hong Kong Shinano Co., Ltd. set up a commissioned factory, Yantian Shinano Motor & Electronics Factory (MSY) in Yantian, and established a joint venture company, Dongguan Shinano Motor Co. In 1998, the company became a sole proprietorship. After more than ten years of development, Dongguan Shinano Motor Co., Ltd./Yantian Shinano Motor & Electronics Factory (MSY/SKY) has been equipped with the advanced technology of producing the world's precision motors and has the strength to become the world's first-class company in the motor industry.
The company can produce STEP motors, DR motors, AC motors, and multifaceted mirror motors for office equipment, home appliances, and residential facilities in four categories, more than 70 varieties, and more than 1,000 models of motors, and has become a well-known enterprise in Dongguan and even Guangdong.