History
Marumae’s History and Milestones
Foundation Period 1965 - 1999
Background
In 1965, during high economic growth in Japan, Marumae was founded by the late Tsutomu Maeda as an ironworks for plate working and plumbing.
In 1997, the R&D business(the basis of the current business) merged and began manufacturing industrial parts such as steam turbine blades for power plants and robot arms by machining, which formed the foundation of Marumae leading to today.
April 1965 |
Founded an ironworks privately in Izumi, Kagoshima by the late Tsutomu Maeda (former president and adviser) |
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October 1988 |
Reorganized the ironworks into Marumae Kogyo Ltd. (current Marumae) with the capital of 2 million yen |
1992* |
T'sM's R&D (current business) was privately founded by Toshikazu Maeda (current President) to manufacture motorcycle parts. |
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September 1997 |
Marumae Kogyo Ltd. took over T‘sM’sR&D business and established an R&D division for machining. |
※Note: The month of the private-foundation is not listed because it is unsure.
Business Expansion Period 2000 - 2009
Background
In the 2000s, communication devices such as computers and mobile phones began to spread rapidly, and high-performance electrical appliances such as LCD TVs entered the market. Marumae entered the flat panel display (FPD) industry and began to focus on vacuum components manufacture. After 2003, the relocation of HQ and factory, the business has expanded by focusing on large parts and entering the solar cell field. Marumae was listed on the Tokyo Stock Exchange (TSE) Mothers in 2006.
April 2001 |
Changed corporate name to Marumae Co., Ltd., and reorganized in the capital of 10 million yen |
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DEC 2003 |
Completed Takaono factory and relocated HQ to the factory |
DEC 2004 |
Designated Green Sheet stock in the Japan Securities Dealers Association |
DEC 2005 |
Completed the 2nd factory of Takaono |
DEC 2006 |
Listed on the TSE Mothers |
FEB 2007 |
Started operation in Kumamoto factory in Kumamoto |
MAR 2008 |
Completed the 4th factory of Takaono |
APR 2008 |
Started operation in Kanto factory in Asaka, Saitama |
Rebuilding Period 2010 - 2013
Background
The 2009 financial crisis had a significant impact on our businesses, both solar cell and FPD industries.
We focused on business recovery through Alternative Dispute Resolution(ADR) procedures while shifting our main business to the semiconductor field.
APR 2011 |
Closed Kumamoto factory |
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JUL 2011 |
Started implementing business revitalization plan with ADR procedure |
Regrowing Period 2014 - 2020
Background
Around 2015, earlier completion of business revitalization, semiconductors' demand began to enormously increase due to the global spread of smartphones and the increasing of cloud servers.
JAN 2015 |
Completed business revitalization plan by ADR procedure |
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JUN 2015 |
Completed the 5th factory of Takaono |
OCT 2015 |
Completed the 6th factory of Takaono |
NOV 2016 |
Established development department |
JAN 2017 |
Completed the 7th factory of Takaono |
JAN 2018 |
Shifted stock market to the Second Section of the TSE |
APR 2018 |
Started operation in Izumi factory in Izumi, Kagoshima |
NOV 2018 |
Listed on the First Section of the TSE |
FEB 2019 |
Relocated headquarters to Izumi factory |
MAY 2019 |
Completed the 8th factory of Takaono |
