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)

October 1988

Reorganized the ironworks into Marumae Kogyo Ltd. (current Marumae) with the capital of 2 million yen

Chishiki Factory
Chishiki Factory

1992*

T'sM's R&D (current business) was privately founded by Toshikazu Maeda (current President) to manufacture motorcycle parts.

September 1997

Marumae Kogyo Ltd. took over T‘sM’sR&D business and established an R&D division for machining.

Turbine Blades
Motorcycle Parts

※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

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

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

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

Listed on the First Section of the TSE in 2015


Izumi factory started operation in 2018