1933年に高田武三氏が滋賀県彦根市で興した織物業が起源。
1987年にホンダの求めで運転席用エアバッグの量産を開始し、売上の9割近くを海外が占める世界2位の供給者へ伸びた。だが2014年にNHTSAのリコール全米拡大要請を拒み、2017年に民事再生を申し立てた。
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