Onamba
Basic Information
- Stock Code
- 5816
- Industry
- Non-Ferrous Metals
- Category Detail
- Iron, Steel & Metal Products
- Prefecture
- Osaka Prefecture
- Establishment Year
- September 1941
- Listing Year
- August 1986
- Official Website
- http://www.onamba.co.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
- Other Companies
- Niji Tech, Furukawa Electric, Fujikura, SWCC, JMACS, Kanare Electric, Mitsuboshi, Hirakawa Hutech, Seiwa Electric
Overview
Onamba is a leading domestic manufacturer and seller in the non-ferrous metals industry, founded in 1941, specializing primarily in electric wires, cables, and wire harnesses.
Current Situation
Onamba recorded consolidated net sales of approximately 35.8 billion yen and ordinary income of approximately 880 million yen for the fiscal year ended December 2019, maintaining solid performance. Its core business is wire harnesses for electronic equipment such as televisions and industrial machinery, pursuing stable growth based on transactions with major companies. In recent years, it has focused on solar power generation-related products, promoting enhancements in environmentally friendly products. It possesses strengths in manufacturing technology for high-quality harness processing machines and operates a global production system through multiple consolidated subsidiaries. In sustainability efforts, it advances resource conservation and energy efficiency improvements, demonstrating a commitment to corporate social responsibility. In 2024, it plans to relocate its head office to Chuo-ku, Osaka City, to enhance operational efficiency and strengthen customer engagement. Amid intensifying market competition, it prioritizes differentiated product development and production efficiency improvements, aiming for sustainable growth through 2030.
Trivia
Interesting Facts
- Long-established non-ferrous metal manufacturer founded in 1941 (Showa 16)
- Top-class domestic company in the wire harness sector for electronic equipment
- Products widely adopted in industrial equipment domestically and internationally
- Actively expanding into solar power generation related products
- In-house developed harness processing machines contribute to product competitiveness
- 18 consolidated subsidiaries with global business deployment
- Multiple sales bases located in Osaka City
- Major shareholders include Kaneka and Sumitomo Electric Industries
- Approximately 4,000 employees in fiscal 2019
- Recognized as a core player in the non-ferrous metals industry for decades
- One of the steadily growing companies in the steelworks and metal products sector
- Listed as a major wire harness producer for electronic equipment in Nikkei data
- Bases cover not only Japan but also Asia and America
- Representative Director and President is Tadatoshi Kijima
- Listed on the Tokyo Stock Exchange Standard Market
Hidden Connections
- Supply chain collaboration with related parties due to Sumitomo Electric Industries as a major shareholder
- Cooperative relationship in non-ferrous metals business with Kaneka
- Related to automotive sector, supplying onboard cables
- Multiple overseas bases forming a global manufacturing network
- Wire harness processing machine technology highly regarded in the industry
- Contributes to environment and renewable energy sectors with solar power products
- Expands application scope of in-house technology through collaboration with diverse industries
- Holds long history among Japanese non-ferrous metal manufacturers and is trusted
Future Outlook
Growth Drivers
- Demand for technological advancement in domestic and international electric wire and cable markets
- Increasing demand for wire harnesses for electronic equipment
- Expansion of renewable energy sector
- Industrial infrastructure development in emerging overseas countries
- Increased demand for environmentally friendly products due to strengthened environmental regulations
- Manufacturing efficiency improvements through IoT and automation technology introduction
- Promotion of electrification in automotive electrical systems
- Advancement of high value-added product development
- Supply chain strengthening and global expansion
- Enhanced efforts toward SDGs
- Expanded application of new materials technology
- Promotion of DX (Digital Transformation)
Strategic Goals
- Achieve over 50% sales ratio of environmentally friendly products
- Increase global sales ratio by 20% from current levels
- Reduce CO2 emissions in manufacturing processes by 30%
- 積極 introduction of new technologies and promotion of innovation
- Strengthen organizational capabilities through enriched talent development programs
- Expand services to improve customer satisfaction
- Expand product portfolio to meet diverse market needs
- Build sustainable supply chains
- Complete headquarters function consolidation and digitalization
- Expand new business sales to 10% of consolidated sales
Business Segments
Wire Harnesses for Electronic Equipment
- Overview
- Provides high-quality wire harnesses to the electronic equipment manufacturing industry, supporting equipment performance and reliability.
- Competitiveness
- Advanced design technology and rigorous quality control system
- Customers
-
- TV manufacturers
- Industrial equipment manufacturers
- Communication equipment manufacturers
- Measurement equipment manufacturers
- Medical equipment manufacturers
- Products
-
- TV wire harnesses
- Industrial equipment wiring harnesses
- Wire harnesses for communication equipment
Electric Wire and Cable Manufacturing
- Overview
- Manufactures durable and high-performance electric wires and cables for diverse applications, establishing a stable supply system.
- Competitiveness
- Long years of manufacturing know-how and multi-product対応 capability
- Customers
-
- Construction industry
- Electric power companies
- Automakers
- Housing manufacturers
- Electronic component manufacturers
- Products
-
- Low-voltage electric wires
- High-voltage power cables
- Automotive wiring cables
- Residential electric wires
Products for Renewable Energy
- Overview
- Contributes to a low-energy society through specialized connection parts and harness manufacturing for the solar power market.
- Competitiveness
- Environmentally responsive technology and specialized product lineup
- Customers
-
- Solar power operators
- Energy equipment manufacturers
- Power supply companies
- Products
-
- Solar panel connection cables
- Harness processing parts
Machine Parts for Harness Processing
- Overview
- Provides machine parts that contribute to processing efficiency improvements and supports automation of manufacturing processes.
- Competitiveness
- Precision processing technology and customization capabilities
- Customers
-
- Wire harness manufacturers
- Industrial machinery manufacturers
- Products
-
- Wire cutter parts
- Automatic harness processing equipment parts
Industrial Special Wiring Manufacturing
- Overview
- Manufactures highly durable special wiring products and delivers to safety-critical industrial sectors.
- Competitiveness
- High-quality certifications and special application対応 capabilities
- Customers
-
- Aircraft manufacturers
- Railway vehicle manufacturers
- Special equipment manufacturers
- Products
-
- Aircraft wire harnesses
- Railway vehicle electrical wiring
Electrical Equipment Materials for Housing and Construction
- Overview
- Supplies electrical equipment materials for the housing market, considering safety and ease of use.
- Competitiveness
- Product design that balances workability and safety
- Customers
-
- Construction companies
- Housing manufacturers
- Electrical contractors
- Products
-
- Residential electric wires
- Wiring materials
Control Cables for Industrial Machinery
- Overview
- Provides high-performance control cables for factory automation.
- Competitiveness
- Excellent noise resistance and stable supply
- Customers
-
- Production machinery manufacturers
- FA system providers
- Products
-
- Noise-resistant control cables
- Signal transmission cables
Wiring Materials for Communication Equipment
- Overview
- Manufactures wiring products that support high-speed, high-quality communications.
- Competitiveness
- High-precision manufacturing technology compliant with communication standards
- Customers
-
- Communication equipment manufacturers
- Network operators
- Products
-
- High-speed communication cables
- Thin wiring materials
Automotive Electrical Parts
- Overview
- Manufactures automotive electrical parts that meet stringent quality standards.
- Competitiveness
- Capability to meet onboard quality specifications
- Customers
-
- Automakers
- Automotive parts suppliers
- Products
-
- Onboard wire harnesses
- Electrical cables
Industrial Indirect Materials
- Overview
- Provides machine parts and repair materials for diverse industries.
- Competitiveness
- Multi-variety, small-lot対応 capability
- Customers
-
- Various manufacturers
- Products
-
- Processing parts
- Machine repair materials
Special Environment-Compatible Products
- Overview
- Develops and provides special wiring products usable in harsh environments.
- Competitiveness
- Advanced durability technology
- Customers
-
- Heat-resistant equipment manufacturers
- Special machinery operators
- Products
-
- Heat-resistant wire harnesses
- Fire-resistant cables
Parts Procurement and Purchasing Support
- Overview
- Supports customers' purchasing departments with logistics and procurement services.
- Competitiveness
- Stable supply system
- Customers
-
- General manufacturing industry
- Products
-
- Various electronic parts
- Materials procurement services
Competitive Advantage
Strengths
- High manufacturing technology capabilities
- Diverse product lineup
- Strong customer base
- Flexible production system through multi-country operations
- Stable financial foundation
- Long-term industry experience
- High-quality product design
- Development of environmentally friendly products
- Efficient production processes
- 対応 to wide range of customer needs
- Synergy effects from consolidated subsidiaries
- Reliable brand
- Strong relationship building with customers
- Domestic and international partnership networks
- Continuous R&D investment
Competitive Advantages
- Secures stable orders through long-term transactions with major electronic equipment manufacturers
- Significantly improves production efficiency through in-house development of harness processing machines
- Product diversification through handling a wide range of non-ferrous metal materials
- Ensures rapid response capabilities with multiple production bases domestically and internationally
- Addresses market demands ahead of time with development of environmentally considerate products
- Achieves high profitability through design technology for high value-added products
- Strong customization capabilities based on customer needs
- Reliability ensured by supply chain traceability
- Cost competitiveness through energy-saving production line operations
- Comprehensive product strength from aggregation of diverse technologies from 18 consolidated companies
- Robust quality management system for industrial parts accumulated over years
- Possession of special wiring technology adapted to specific industry needs
- Reduced defect rates through introduction of high-precision inspection equipment
- Able to promote long-term investment plans due to solid financial base
- Differentiation through industry-specialized solution provision
Threats
- Global semiconductor shortages leading to unstable electronic equipment demand
- Raw material cost risks due to fluctuations in metal prices
- Low-price offensives from overseas competitors
- Growth slowdown due to maturation of domestic market
- Profit fluctuations due to exchange rate impacts
- Risk of obsolescence of existing products due to emergence of new materials technology
- Increased cost burdens from strengthened environmental regulations
- Decreased order opportunities due to customer procurement diversification
- Production delays due to supply chain disruptions
- Risks from spread of infectious diseases such as COVID-19
- Challenges in talent acquisition and technology succession due to aging workforce
- Business impacts from escalating international trade frictions
Innovations
2024: Business efficiency improvement through headquarters relocation
- Overview
- Relocated head office to Chuo-ku, Osaka City, implementing business structure refresh and base consolidation.
- Impact
- Improved internal communication and productivity
2023: Enhancement of solar power generation related products
- Overview
- Accelerated development of solar-related cables as environmentally friendly products.
- Impact
- Sales expansion and strengthened environmental regulation対応
2022: Introduction of automated machines for harness processing
- Overview
- Improved production efficiency through introduction of in-house developed automated processing machines.
- Impact
- 15% reduction in production time, improved yield
2021: Development of new cable products using high heat-resistant materials
- Overview
- Launched special cables対応 to high-temperature environments.
- Impact
- Successful entry into new markets
2020: Introduction of low-environmental-impact production processes
- Overview
- Achieved CO2 emission reductions through introduction of energy-saving equipment.
- Impact
- Promoted acquisition of environmental certifications
Sustainability
- Promotion of CO2 reduction activities in manufacturing processes
- Improvement of waste recycling rate
- Promotion of low-environmental-impact material adoption
- Strengthening of environmental audits in supply chain
- Implementation of environmental education programs for employees
- Expansion of investments in energy-saving equipment
- Participation in local environmental conservation activities
- Development of safe and comfortable workplace environments
- Promotion of development of low-environmental-impact products
- Formulation of sustainable management strategies