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CORPORATE PROFILE / HISTORY

CORPORATE PROFILE

会社概要

Since foundation, we have pursued efficient motor assembly methods, and have made numerous technological breakthroughs throughout the years. Nowadays, our leading edge technology and products has captivated major car and home appliance manufacturers throughout the world.

PROFILE
COMPANY NAME ODAWARA ENGINEERING CO.,LTD.
COMPANY LOCATION
1577 Matsudasoryo, Matsuda, Ashigarakami, Kanagawa 258-0003 Japan
TEL. 81-465-83-1122
FAX. 81-465-83-1089
Google Map
FOUNDATION October 15, 1950
ESTABLISHMENT October 15, 1979
LISTED DATE Over-the-counter July 29, 1991
JASDAQ December 13, 2004
CAPITAL ¥1,250 million yen
BOARD OF MANAGEMENT Noburo Miyawaki, Chairman and Representative Director
Masahiko Hoshina, President and Representative Director
Shinsuke Yuyama, Managing Director
Tomomi Iwamoto, Director, General Manager of Mechanical Design Department
Keiichi Tao, Director
Yoshiaki Okada, Director
Koichiro Tanaka, Corporate Auditor
Daisuke Yamagami, Corporate Auditor
Osamu Ishihara, Auditor
Akihiro Tsugawa, Auditor
BUSINESS LINE Development, design, manufacture and sale for motor winding and assembly
PLANT SITE 29,776 m²
BUILDING SITE 18,981㎡
MAJOR BANKS The Bank of Yokohama, Ltd.
MUFG Bank, Ltd.
Mitsubishi UFJ Trust and Banking Corporation
The Sagami Shinkin Bank
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation etc.
MAJOR STOCKHOLDERS Takayuki Tsugawa
Tsugawa Motor Foundation
The Bank of Yokohama, Ltd.
Akihiro Tsugawa
Yoshio Tsugawa
MAIN CUSTOMERS
  • TOYOTA
    AISIN
    NISSAN
    MITSUBISHI
    FANUC
    NIDEC
    GREE (CHINA)
    LG (KOREA)
    Taigene Electric
    MAXON(SWIZERLAND)
    EMERSON (USA)
    DENSO
    AISHIN AW
  • HITACHI
    PANASONIC
    MAKITA
    SHINANOKENSHI
    SHANGHAI HITACHI (CHINA)
    LG INNOTEC (KOREA)
    WAYYEN (TAIWAN)
    MES (SWITZERLAND)
    WHIRLPOOL (BRAZIL)
    ASMO
    AISAN
    TOSHIBA
    DAIKIN
  • MABUCHI
    MEIDENSHA
    MEIZHI (CHINA)
    SAMSUNG (KOREA)
    RECHI (TAIWAN)
    BUHLER (GERMANY)
    OTHERS

HISTORY

HISTORY

History Until the establishment

  • 1950Odawara Machine Works, Ltd. was founded in Odawara city, Kanagawa
  • 1956Plant was newly completed in Odawara city.
  • 1966Technical assistance contract with Possis Corporation (USA) was concluded for production of armature motor winding machines.
  • 1972Terminated the technical assistance contract with Possis Corporation. Technical assistance contract with Baltzer & Droell KG (STATOMAT) West Germany was concluded for production of induction motor stator winding machine.
  • 1976Established plant in Kaisei to produce electric motor assembling machines. At the same time expanded and renovated Odawara plant for exclusive production of apparatus division.
  • 1977Terminated the technical assistance contract with Baltzer & Droell KG (STATOMAT).
  • 1979Segregated apparatus division to be in Odawara Machine Works, Ltd. and electric machinery division to be in Odawara Engineering Co., Ltd. independently.
Estabished Odawara Engineering Co.,Ltd

Expanding global market share

  • 1980Added new production facilities in Kaisei plant.
  • 1986Purchased an American company, OTT-A-MATIC,INC., changed name to Odawara Automation Inc. and began operations in the U.S.A.
  • 1988Established Odawara Automation Nagaoka., Ltd. In Nagaoka, Niigata Prefecture, as a subsidiary production facility.
  • 1989Completed construction of new head office building(current Kaisei plant).
  • 1990Moved the headquarters factory of Odawara Automation Inc. to Tipp city, Ohio, U.S.A.
  • 1991Completed No.2 plant of Odawara Automation Nagaoka., Ltd. Registered stocks on the over-the-counter market
  • 1996Developed the world-first motor winding equipment for hybrid car and started to sell
  • 2003Opened Shanghai representative office in Shanghai, China
  • 2004Listed stocks onto JASDAQ (Stock Exchange) from the over-the-counter market.
  • 2011Opened Guangzhou representative office in Guangzhou, China.
  • 2013Purchased new plant site with factory buildings in Matsuda, Kanagawa prefecture to accommodate expanding production capacity and enhancing productivity with advanced IT function. Moved head office and factory into the Matsuda-Machi, Ashigarakami-Gun, Kanagawa prefecture. Acquired Royal Electric Co., Ltd. including Taga Manufacturing Co., Ltd. to run as subsidiary
  • 2014Completed entrance tower building and an assembly plant at headquarter factory.
  • 2016Royal Electric Co., Ltd. become a wholly owned subsidiary company in share exchange in 2016
  • 2017Opened German Representative Office in Muenchen, Germany.
  • 2019Selected as “The Driving Company for the regional future” by Ministry of Economy, Trade and Industry.
  • 2020Odawara Automation Deutschland GmbH is established as a replacement of German Representative Office of Odawara.

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