Tenryu Saw

Basic Information

Stock Code
5945
Industry
Metal Products
Category Detail
Manufacturing Machinery & Electrical Equipment
Prefecture
Shizuoka Prefecture
Establishment Year
October 1913
Listing Year
November 1988
Official Website
https://www.tenryu-saw.com/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Asaka Kogyo, KTC, TONE, Lobtex, Toami, Super Tool, Max, Palstek, Car Mate

Overview

Tenryu Saw is a pioneer in the metal products industry established in 1913, primarily manufacturing industrial saws as a long-established company.

Current Situation

Tenryu Saw recorded consolidated sales of approximately 12.1 billion yen and net profit of approximately 1.16 billion yen for the fiscal year ended March 2020, maintaining solid management. In the core woodworking circular saw market, it has earned high acclaim both domestically and internationally centered on the 'Pass Mark' brand, establishing a strong position in the hand tools sector. The company is actively investing in technological development, enriching its lineup of saw-related products such as diamond saw substrates. In addition to domestic bases, it operates overseas bases in China, Thailand, the US, India, and Mexico, promoting global sales. In recent years, it has invested in renewing production equipment to improve quality and manufacturing efficiency, strengthening its competitiveness. It is also focusing on environmentally friendly product development and resource recycling for sustainable business operations. Moving forward, it aims for mid-term growth through sales expansion in emerging markets and reinforcement of differentiated products.

Trivia

Interesting Facts

  • Long-established company that succeeded in Japan's first woodworking circular saw manufacturing business.
  • The 'Pass Mark' brand boasts high recognition both domestically and internationally.
  • Established multiple local subsidiaries overseas for global expansion.
  • Specialized in diamond saw substrate processing technology.
  • Holds a solid share in domestic and international hand tool markets.
  • Self-develops and manufactures diverse grinding machines.
  • Manufacturing quality backed by long years of know-how is a strength.
  • Local Shizuoka Bank is among the major shareholders.
  • Family-owned enterprise with over 100 years of history.
  • One of the representative brands among Japanese tool manufacturers.

Hidden Connections

  • Bases in the US, China, and Thailand, deeply involved in each country's construction markets.
  • Experienced multiple joint ventures, strong ties with local companies.
  • Regular member of the Japan DIY and Home Center Association, supporting the industry.
  • Attracted attention as a past investment target of investment fund 'Steel Partners'.
  • Expanded manufacturing technology and product lines through absorption mergers of affiliates.
  • Direct entry into Mexico and India markets.
  • High technological prowess in manufacturing support products like sharpening machines within the industry.
  • Strong relationships with tool retailers and specialty stores domestically and internationally.

Future Outlook

Growth Drivers

  • Increase in demand for equipment renewal and resumption in woodworking and construction industries.
  • Expansion of tool demand in overseas emerging markets.
  • Market expansion for high-function diamond saw products.
  • Automation of production processes and strengthened cost competitiveness.
  • Differentiation through growing demand for environmentally compatible products.
  • Strengthening of global supply chains.
  • Expanded use of digital marketing.
  • Enhanced product supply to small and medium-sized domestic construction-related companies.
  • Improved repeat rate through enhanced customer service.
  • Advancement of localization to local needs at overseas subsidiaries.

Strategic Goals

  • Maintain and expand overseas sales ratio to over 30%.
  • Diversification and high value-added enhancement of product lineup.
  • Achieve full automation of production lines.
  • Product design aimed at reducing environmental impact.
  • Improve technological capabilities through strengthened collaboration with affiliates and joint ventures.
  • Maintain top-class brand power within the industry.
  • Strengthen sales capabilities using digital technology.
  • Acquire and expand diverse sales channels.
  • Enhance employee safety and health management.
  • 15% annual sales increase through new development products.

Business Segments

Products for Woodworking Machinery

Overview
Provides high-precision woodworking machinery parts to lumber mills and furniture factories.
Competitiveness
High-quality products based on long-cultivated precision processing technology
Customers
  • Lumber mills
  • Furniture manufacturers
  • Building materials manufacturers
  • DIY tool distributors
  • Machinery and tool trading companies
Products
  • Woodworking circular saw blades
  • Band saw blades
  • Sharpening machines
  • Sawmill machinery parts

Diamond Saw Related Products

Overview
Provides diamond-based cutting tools strong in cutting high-hardness materials.
Competitiveness
Proprietary in-house diamond processing technology
Customers
  • Cutting tool trading companies
  • Construction machinery manufacturers
  • Industrial material processors
Products
  • Diamond cutting saw substrates
  • Chip saws

Power Tool Related Products

Overview
Provides circular saw blades with excellent durability and cutting performance for power tool users.
Competitiveness
Design optimized for power tool characteristics
Customers
  • Power tool manufacturers
  • Distributors
  • Specialty retailers
Products
  • Power tool circular saw blades
  • Replacement blades

Manufacturing and Sales for Overseas Markets

Overview
Supplies high-quality cutting tools through local subsidiaries in China, Thailand, US, India, and Mexico.
Competitiveness
Diverse product lineup tailored to each country's market
Customers
  • Overseas distributors
  • Construction and woodworking companies
Products
  • International standard compliant saw blades
  • Chip saws

Tool Maintenance Equipment

Overview
Provides equipment for saw blade grinding and maintenance to extend product life.
Competitiveness
High restoration performance and operability
Customers
  • Tool retailers
  • Factory maintenance departments
Products
  • Various sharpening machines
  • Grinding machines

Competitive Advantage

Strengths

  • Leading brand power in domestic woodworking circular saw products
  • Accumulation of over 100 years of saw blade processing technology
  • Diverse product lineup to meet various market needs
  • Global overseas sales network
  • Reputation for high precision and durability of products
  • Solid financial base domestically and internationally
  • In-house factory integrated production system
  • Strengthened product development through collaboration with affiliates and joint ventures
  • Proactive investment in technological innovation
  • Stable customer base and long-term business relationships
  • Sales channels through diverse specialty stores and e-commerce
  • Appropriate corporate governance and risk management
  • Historical trust and high industry reputation
  • Flexible production capacity for custom orders
  • Growth potential in new overseas markets

Competitive Advantages

  • Consistent top share in domestic woodworking circular saws
  • Supported by professional users for high quality and reliability
  • International manufacturing and sales system including overseas subsidiaries
  • Proprietary blade sharpening technology built through years of R&D
  • One-stop supply possible with diverse products
  • High wear-resistant diamond saw substrate technology
  • Reliable manufacturing quality control system
  • Multilingual customer support system
  • Strengthened BtoB collaboration for industrial machinery products
  • Clear brand image and market penetration
  • Technology protection through patents domestically and internationally
  • Maintaining competitiveness through regular product improvements and new launches
  • Efficient production and cost competitiveness
  • Comprehensive after-sales service and maintenance
  • Balance of local engagement and global expansion

Threats

  • Rise of low-priced products from competitors
  • Risk of cost increases due to material price fluctuations
  • Inflow of inexpensive similar products from overseas
  • Stricter safety and environmental regulations at manufacturing sites
  • Demand decline due to global economic uncertainty
  • Decline in competitiveness from delayed technological innovation
  • Labor shortages and difficulties in skill succession
  • Profit pressure from exchange rate fluctuations
  • Vulnerabilities in global supply chains
  • Delays in responding to rapid changes in market needs
  • Shrinking domestic woodworking industry
  • Intensified share competition from new entrants

Innovations

2024: Introduction of Advanced Grinding Technology

Overview
Introduced the latest grinding equipment, significantly improving the precision and durability of circular saw blades.
Impact
20% extension of product life and improved user satisfaction

2023: Development of New Diamond Saw Substrate

Overview
Newly launched improved diamond saw substrate for high-hardness environments.
Impact
15% improvement in cutting efficiency, significant enhancement in wear resistance

2022: Launch of Production Line Automation Project

Overview
Promoting production automation using AI and robots to enhance production efficiency.
Impact
Labor cost reduction and 10% increase in production volume

2021: Development of Low-Environmental-Impact Packaging

Overview
Developed and adopted recyclable environmentally friendly packaging.
Impact
Contributes to reduction of packaging waste

2020: Equipment Renewal at Overseas Production Bases

Overview
Introduced energy-saving new equipment at factories in China, Thailand, and India.
Impact
15% improvement in production efficiency, CO2 emissions reduction

Sustainability

  • Promotion of waste reduction programs in manufacturing processes
  • Active introduction of renewable energy
  • Expansion of environmentally compatible product lineup
  • Support for environmental education through collaboration with local communities
  • Acquisition of ISO14001 environmental management system certification