In 2017 JTEKT continued its aggressive measures of identifying and seizing counterfeit goods with great success.
In Taiwan JTEKT successfully defended the Koyo brand name by settling a lawsuit with a company found to be infringing on the Koyo brand name. Although the settlement details are private it includes a cease and desist of improper use of the Koyo brand name, financial compensation, and a public apology.
JTEKT also successfully executed two raids in the Philippines covering 36 locations in 7 cities. Seizing over 70,000 counterfeit bearings with a value of over 30 million JPY the raids were covered by local media and various social media channels.
The company will use its recent successes as tools to further combat the production and sale of counterfeit bearings. JTEKT remains committed to supporting the WBA in its global efforts to stop counterfeit bearings.
JTEKT is a leading global supplier of automotive steering systems, automotive all wheel drive couplings, Torsen brand differentials, Koyo brand automotive and industrial bearings and TOYODA machine tools that improve efficiency and performance in a variety of applications. With global headquarters in Nagoya, Japan, JTEKT employs more than 43,000 people in 27 countries and reported sales of $11 billion in 2012. In North America, JTEKT employs over 5,000 people with 14 manufacturing facilities and numerous technical centers and distribution facilities across North America. For more information, please visit www.jtekt.co.jp/e/