Mitsuba Indonesia Pipe Parts

What Mitsuba Indonesia Pipe Parts does

PT. Mitsuba Indonesia Pipe Parts (MIPP) is an Indonesian automotive contract manufacturer established on 12 November 2002 and headquartered in the MM2100 Industrial Town, Cikarang Barat, Bekasi. The company is 92% owned by Japanese parent Mitsuba Industry Co., Ltd., with the remaining 8% held by Kyoei Manufacturing Co., Ltd., embedding Japanese manufacturing standards, technology transfer, and governance into local operations. MIPP produces semi-finished automotive components — press stamped parts, CNC pipe bent tubes, welded assemblies, and (since 2012) internally painted parts — supplied primarily to motorcycle and four-wheel vehicle OEMs in Indonesia. Its core capabilities span progressive press stamping, CNC pipe bending, manual and robotic welding, and in-house spray and ED (electrodeposition) painting, supported by a manufacturing footprint of 43,700 m² of land and 24,000 m² of building area (post-April 2019 consolidation following the closure of Factory 2). The company is ISO 9001:2000 (2007) and ISO 14001:2004 (2014) certified.

The business model is pure B2B contract manufacturing under an OEM-embedded go-to-market motion: MIPP self-procures raw materials, executes production against customer specifications, and delivers semi-finished parts to customers for further processing or final assembly. Approximately 80% of sales are attributable to a single anchor customer, PT. Yamaha Indonesia Motor Manufacturing, for Yamaha-brand motorcycles, with the balance directed at other four-wheel automotive OEMs. Pricing is negotiated on a per-order basis with major customers and is not publicly disclosed; revenue is generated through manufacturing fees for press, pipe bending, welding, and painting services. The company has issued a 2023 sales target of IDR 350 billion with a 2% ordinary income goal, alongside operational KPIs including zero ppm customer claims, an 80% reduction in internal NG ratio versus 2022 baseline, and zero workplace accidents. No external funding rounds, M&A activity, geographic expansion, or AI/ML capability disclosures are present in the available data.

Name

Mitsuba Indonesia Pipe Parts

Legal name

PT. Mitsuba Indonesia Pipe Parts

Website

https://www.mipp.co.id

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

101–250 employees

Short description

PT. Mitsuba Indonesia Pipe Parts is an Indonesian automotive contract manufacturer producing press stamped, pipe bent, welded, and painted semi-finished components, primarily for PT. Yamaha Indonesia Motor Manufacturing's motorcycle assembly operations.

Ownership category

akta.pro rank

Product category

Automotive Parts Manufacturing

NAICS

Fabricated Pipe and Pipe Fitting Manufacturing (332996), Other Metal Valve and Pipe Fitting Manufacturing (332919)

SIC

Steel Pipe & Tubes (3317), Special Industry Machinery (No Metalworking Machinery) (3550)

akta.pro primary industry

Pipe Fittings, Couplings & Connectors (IMADALAD)

akta.pro secondary industry

Hoses, Tubing & Fittings (Hydraulic/Pneumatic Lines & Connectors) (IMAHAGAH)

Keywords

• Automotive parts manufacturing
• Contract manufacturing services
• Press stamping parts
• Pipe bending services
• Welding assembly services

Headquarters

HQ city

Cikarang

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D

Revenue model

1. Contract Manufacturing - 2-Wheel & 4-Wheel Automotive Parts: Receives orders for semi-finished products from customers using self-procured raw materials, which are delivered to customers for further processing or assembly. Primarily supplies PT. Yamaha Indonesia Motor Manufacturing representing approximately 80% of sales. Revenue is derived from manufacturing fees for press parts, pipe bending, welding assembly, and painting services for automotive components.

Go-to-market motion1 record

Distribution channels1 record

Core offering

PT. Mitsuba Indonesia Pipe Parts is a contract manufacturing company that receives orders for semi-finished automotive products from customers, uses self-procured raw materials, and delivers the parts to customers for further processing or assembly. Its manufactured products include press parts (including progressive press), CNC pipe bending components, welded assemblies, and internally painted parts for 2-wheel (motorcycle) and 4-wheel vehicles, primarily serving PT. Yamaha Indonesia Motor Manufacturing.

Product overview

Mitsuba Indonesia Pipe Parts is a contract manufacturing company specializing in automotive component production. The company operates as a single unified manufacturing platform offering Press Stamping (Progressive Press), Welding Assembly (including robotic welding), Pipe Bending (CNC), and Painting (Spray Paint & ED Paint) services. Products are organized into two main categories: 2-Wheels Parts and 4-Wheels Parts, both utilizing the same core manufacturing processes (Press, Welding, Pipe Bending, Painting). The company produces semi-finished products from self-procured raw materials, with approximately 80% of sales directed to PT. Yamaha Indonesia Motor Manufacturing for motorcycle production.

Differentiator

Problem solved

Functional benefit

Products and services

• 2-Wheels Parts Press, welding, and pipe bending components for two-wheeled vehicles, serving as semi-finished parts for motorcycle assembly by Yamaha Indonesia.
• 4-Wheels Parts Press, welding, and pipe bending components for four-wheeled vehicles, supporting automotive manufacturing for 4-wheel OEMs.
• Press Stamping Products Progressive press and standard press parts manufacturing, producing stamped metal components through press stamping processes for automotive applications.
• Welding Assembly Welding production including robotic welding services, assembling metal components through various welding techniques for automotive parts.
• Pipe Bending Products CNC pipe bending services producing precision-bent pipe components for automotive applications.
• Painting Services Internal painting process including Spray Paint and ED Paint (Electrodeposition Paint) for surface finishing of manufactured parts.

Quantifiable outcome

• 0 ppm customer claims target (2023)
• +4 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• PT. Yamaha Indonesia Motor ManufacturingcoreStrategic or Co-development PartnerPrimary automotive OEM customer accounting for approximately 80% of PT. Mitsuba Indonesia Pipe Parts' sales. PT. Yamaha Indonesia Motor Manufacturing produces Yamaha-brand motorcycles. PT. Mitsuba Indonesia Pipe Parts supplies press parts, pipe bending, welding assemblies, and painted components for motorcycle assembly.

Scale indicators7 records

Recent moves11 records

Expansion highlights4 records

Direct peers

• Kyoei Manufacturing Co., Ltd. Japanese automotive metal parts manufacturer holding 8% of MIPP and represented on the board; operates similar press, welding, and pipe-bending capabilities for automotive OEMs and is the closest operational analogue to MIPP within the Mitsuba shareholder group.
• Mitsuba Industry Co., Ltd. 92% parent company of MIPP, also a Japanese automotive parts manufacturer with overlapping press and pipe-bending capabilities; provides the technology and management template that MIPP replicates in Indonesia.
• PT. Astra Otoparts Tbk: Indonesia's largest listed automotive components manufacturer, supplying press, stamped, and fabricated metal parts to multiple OEMs including Toyota, Daihatsu, and Honda; the most direct domestic Indonesian peer for MIPP in automotive contract manufacturing.
• PT. Selamat Sempurna Tbk: Indonesia-based automotive parts manufacturer (filters, radiators, and metal components) supplying both domestic and export OEM and aftermarket channels; comparable Indonesian automotive parts contract-manufacturing peer.

Broad incumbents

• Aisin Corporation: Large Japanese Tier-1 automotive parts supplier with deep press, stamping, and metal-forming capabilities across multiple vehicle programs; broader in scope than MIPP but competes for similar Japanese-OEM-sourced metal component work in ASEAN.
• Denso Corporation: Global Japanese automotive components giant with extensive metal-forming and assembly operations in Indonesia and ASEAN; broader portfolio, but competes for OEM business that overlaps MIPP's stamping and assembly footprint.

Others

• Yamaha Motor Co., Ltd. Anchor customer of MIPP; while not a direct competitor, Yamaha's captive parts operations and broader supplier strategy frame the demand environment in which MIPP operates.

Emerging players

• Ichikoh Industries / Valeo Indonesia: Tier-1 automotive component manufacturers with Indonesian operations covering stamping, assembly, and finishing; comparable in their OEM-supply contract-manufacturing model to MIPP, though focused on different component categories.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/pt-mitsuba-indonesia

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mitsuba Indonesia Pipe Parts