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Calsonic Kansei Marketcap, Revenue, Competitors, Net Worth 2026

CALSONIC KANSEI CORPORATION logo

CALSONIC KANSEI CORPORATION logo

Key Stats

$11.5B Annual Revenue (Est.)
46,000 Employees Worldwide
1938 Year Founded
150+ Global Facilities
23 Countries of Operation

Calsonic Kansei Corporation operates as a major global automotive parts manufacturer headquartered in Saitama, Japan. The company specializes in cockpit modules, thermal systems, exhaust components, and electronics for vehicle manufacturers worldwide.

Formed through the 2000 merger of Calsonic Corporation and Kansei Corporation, the company served as a key supplier to Nissan Motor for decades. In 2019, the company merged with Magneti Marelli to create the MARELLI brand under KKR ownership.

The combined entity ranks among the world’s largest independent automotive suppliers with operations across Asia, Europe, and the Americas. Calsonic Kansei products appear in vehicles from numerous global automakers.

Calsonic Kansei History

1938
Nihon Radiator Manufacturing Co., Ltd. established in Tokyo with Nagao Gentaro as first president. Initial product line focused on radiators.
1954
Nissan Motor purchased 60% stake to secure radiator supply. Company expanded into mufflers and car heaters.
1956
Kanto Seiki Co., Ltd. (later Kansei Corporation) established as a Nissan spin-off, specializing in instrument clusters.
1976
First overseas plant opened in California. The Calsonic name combined California with sonic to represent speed and expansion.
1988
Nihon Radiator renamed to Calsonic Corporation on its 50th anniversary. Listed on Tokyo Stock Exchange first section.
2000
Calsonic Corporation and Kansei Corporation merged to form Calsonic Kansei Corporation.
2005
Nissan increased shareholding to 41.7%, making Calsonic Kansei a consolidated subsidiary.
2017
KKR completed $4.5 billion acquisition from Nissan to support international expansion.
2019
Merged with Magneti Marelli from Fiat Chrysler Automobiles for EUR 6.2 billion. United under MARELLI brand.
2025
MARELLI Holdings filed for Chapter 11 bankruptcy protection to restructure debt while continuing operations.

Calsonic Kansei Co-founders

Nagao Gentaro
Founded Nihon Radiator Manufacturing Co., Ltd. in 1938 as its first president. Established the company as a radiator supplier for automotive manufacturers in Japan.
Kanto Seiki Founders
Established Kanto Seiki Co., Ltd. in 1956 as a Nissan Motor spin-off. The company specialized in instrument clusters and cockpit electronics before becoming Kansei Corporation in 1991.

Calsonic Kansei Revenue

Calsonic Kansei generated approximately EUR 7.7 billion (JPY 998 billion) in consolidated revenue for fiscal year 2017 before the Magneti Marelli merger. The combined MARELLI entity reports estimated annual revenues around $11.5 billion.

Calsonic Kansei Revenue (2010-2019) in Billion USD
$6.2B
2010
$6.8B
2011
$7.1B
2012
$7.4B
2013
$7.8B
2014
$7.5B
2015
$7.9B
2016
$8.4B
2017
$8.7B
2018
$15.2B
2019*

*2019 reflects combined revenue after Magneti Marelli merger

Calsonic Kansei Acquisitions

Calsonic Kansei expanded primarily through organic growth and joint ventures rather than major acquisitions. The company established manufacturing partnerships across multiple continents to serve global automakers.

In 1976, Calsonic opened its first overseas facility in California to support Japanese automakers expanding into North America. This marked the beginning of international growth that would eventually span 23 countries. Throughout the 1980s and 1990s, the company established operations in the UK, Spain, Thailand, Malaysia, and China through subsidiary formations.

The 2000 merger between Calsonic Corporation and Kansei Corporation created a stronger supplier with complementary product lines. Calsonic brought thermal and exhaust expertise while Kansei contributed cockpit and electronics capabilities. Nissan’s increased investment in 2005 deepened the partnership.

The defining transaction came in 2019 when parent company KKR acquired Magneti Marelli from Fiat Chrysler Automobiles for EUR 6.2 billion. This merger combined Calsonic Kansei’s thermal and interior systems with Magneti Marelli’s lighting, powertrain, and electronics divisions. The deal created the world’s seventh largest independent automotive supplier.

The combined MARELLI entity operates nearly 200 facilities and R&D centers worldwide. Joint ventures with partners like Highly in China for compressor production demonstrate the continued strategy of strategic partnerships over outright acquisitions.

Calsonic Kansei Market Cap

Calsonic Kansei traded on the Tokyo Stock Exchange until KKR’s acquisition in 2017. The private equity firm paid approximately $4.5 billion for Nissan’s stake and remaining shares. MARELLI Holdings operates as a private company under KKR ownership.

Calsonic Kansei Market Valuation (2008-2017) in Billion USD
$1.8B
2008
$2.1B
2009
$2.4B
2010
$2.2B
2011
$2.5B
2012
$3.1B
2013
$3.4B
2014
$3.2B
2015
$3.8B
2016
$4.5B
2017*

*2017 reflects KKR acquisition price

Calsonic Kansei Competitors

Calsonic Kansei competes with global tier-one automotive suppliers across thermal systems, interiors, electronics, and exhaust components. The top five suppliers by revenue are Bosch, Denso, Magna, Hyundai Mobis, and ZF.

Company Headquarters Primary Products
Robert Bosch Germany Electronics, Powertrain, Safety Systems
Denso Corporation Japan Thermal, Powertrain, Electronics
Continental AG Germany Tires, Brake Systems, Electronics
ZF Friedrichshafen Germany Driveline, Chassis, Safety Systems
Magna International Canada Body, Chassis, Seating, Powertrain
Valeo France Thermal, Lighting, Electronics
Hyundai Mobis South Korea Chassis, Cockpit, Lamps
Lear Corporation United States Seating, Electrical Systems
Forvia (Faurecia-Hella) France Interiors, Lighting, Electronics
Aptiv Ireland Electronics, Safety, Connectivity

FAQs

What is Calsonic Kansei called now?

Calsonic Kansei merged with Magneti Marelli in 2019 to form MARELLI. The combined company operates under the MARELLI brand as a global automotive parts supplier owned by KKR.

When was Calsonic Kansei founded?

The predecessor company Nihon Radiator Manufacturing was founded in 1938. Calsonic Kansei Corporation formed in 2000 through the merger of Calsonic Corporation and Kansei Corporation.

Who owns MARELLI now?

Private equity firm KKR owns MARELLI Holdings. KKR acquired Calsonic Kansei for $4.5 billion in 2017 and purchased Magneti Marelli for EUR 6.2 billion in 2019.

What products does Calsonic Kansei make?

Calsonic Kansei manufactures cockpit modules, air conditioning systems, heat exchangers, compressors, exhaust systems, instrument clusters, and electronic components for automobiles.

Where is Calsonic Kansei headquartered?

Calsonic Kansei is headquartered in Saitama City, Saitama Prefecture, Japan. The company moved its headquarters and R&D center to Saitama in 2008.

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