Kyowa Kogyosho

Basic Information

Stock Code
5971
Industry
Metal Products
Category Detail
Iron, Steel & Metal Products
Prefecture
Ishikawa Prefecture
Establishment Year
October 1950
Listing Year
March 1996
Official Website
https://www.kyowakogyosyo.co.jp/
TSE Information
TSE Information
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Overview

Kyowa Kogyosho, founded in 1950, is headquartered in Komatsu City, Ishikawa Prefecture, and is a metal products manufacturer boasting a high market share in bolts for construction machinery and cold-forged parts for automobiles.

Current Situation

Kyowa Kogyosho maintains a solid financial base with consolidated sales of approximately 8.19 billion yen and net assets of approximately 11.394 billion yen for the fiscal year ending April 2020. Its mainstay special bolts for construction machinery are stably supplied to major clients such as Komatsu, maintaining a high market share. In product development, it focuses on special cold and hot forging technologies to achieve high-quality and precise parts manufacturing. In 2010, it established a subsidiary in China to promote global expansion. It has built a sustainable manufacturing system and is also working to reduce environmental impact. Moving forward, it positions product development corresponding to strengthened environmental regulations in the automotive industry and expansion into overseas markets as the core of its growth strategy. It is advancing the latest machinery and equipment updates and strengthening quality control to improve competitiveness. Leveraging its stable financial base, it aims for medium- to long-term growth and is actively investing in new technologies and new markets.

Trivia

Interesting Facts

  • Founded in 1950 as Yamaguchi Tekkosho.
  • Strong relationship with Komatsu in special bolts for construction machinery.
  • Expanding production bases domestically and internationally for globalization.
  • Long history in cold and hot forging technology.
  • Headquartered in the industrial park of Komatsu City, Ishikawa Prefecture.
  • Strengthened overseas expansion by establishing a subsidiary in China in 2010.
  • Specializes in manufacturing highly corrosion-resistant bolts for ships.
  • Listed on JASDAQ and then on the Tokyo Stock Exchange Standard Market.
  • Boasts one of the top domestic shares in industrial bolts.
  • Meets diverse needs with special-purpose metal parts.
  • Numerous achievements in supplying high-precision parts to industry.
  • Custom products leveraging proprietary technology are a strength.
  • Established an integrated system from manufacturing to sales.
  • Focuses on product development tailored to customer needs.
  • Gains customer trust through long-term quality assurance.

Hidden Connections

  • Serves Komatsu as a major customer and holds an important position in the construction machinery parts supply network.
  • Active technical exchanges through industrial collaboration in Komatsu City, Ishikawa Prefecture.
  • Has a subsidiary in Shandong Province, China, and engages in local production and technology transfer.
  • Built extensive transaction relationships through product supply with construction machinery-related companies nationwide.
  • Special forging technology applied to automotive and ship manufacturers.
  • Participates in regional revitalization projects in cooperation with local governments and industrial parks.
  • Contributes technically to the formulation of industry-specific bolt standards.
  • Quality management system has ISO 9001 certification, compliant with international standards.

Future Outlook

Growth Drivers

  • Increased demand from infrastructure investment expansion in the construction machinery industry
  • Automotive industry environmental regulation対応 product development
  • Aggressive expansion into Asian markets
  • Competitiveness through advanced forging technology and precision processing
  • Promotion of digitalization and automation in manufacturing processes
  • Strengthening of environment and safety regulation対応 products
  • Expansion of global supply network
  • Increase in custom products tailored to customer needs
  • Continuous medium- to long-term R&D investment
  • Strengthening and diversification of supply chain
  • Further advancement of quality assurance system
  • Promotion of technological innovation through regional collaboration

Strategic Goals

  • Achieve sales of 15 billion yen
  • Expand overseas sales ratio to over 40%
  • Full product lineup of environmentally considerate products
  • Achieve over 70% production automation rate
  • Maintain annual new technology development investment over 1 billion yen
  • Strengthen employee technical education and skill succession
  • Halve supply chain environmental impact
  • Continuous promotion of regional contribution activities
  • Expand acquisition of ISO standards and other international certifications
  • Maintain customer satisfaction over 90%

Business Segments

Construction Machinery Parts Manufacturing

Overview
Engages in manufacturing and sales of special bolts and repair parts for construction machinery.
Competitiveness
Advanced forging technology and high-precision processing capabilities
Customers
  • Komatsu
  • Hitachi Construction Machinery
  • Kubota
  • Companies in Komatsu City Industrial Park
  • Construction machinery manufacturers and related
Products
  • Special bolts
  • Forged parts
  • Repair hardware
  • Construction machinery brackets
  • High-strength nuts

Automotive Parts Manufacturing

Overview
Mainly supplies cold-forged parts for automobiles.
Competitiveness
Integrated production system and versatility in parts対応
Customers
  • Toyota
  • Nissan
  • Honda
  • Denso
  • Automotive parts manufacturers
Products
  • Cold-forged parts
  • Chassis parts
  • Engine parts
  • Small bolts
  • High-strength screws

Ship Parts Manufacturing

Overview
Manufactures special bolts and repair parts emphasizing corrosion resistance for ships.
Competitiveness
Superior environmental resistance in product design and manufacturing technology
Customers
  • Mitsui Shipbuilding
  • Kawasaki Heavy Industries
  • Japanese Shipyards
  • Domestic shipping companies
  • Marine equipment manufacturers
Products
  • Bolts for marine internal combustion engines
  • Corrosion-resistant bolts
  • Repair parts
  • Marine hinges
  • Large set parts

Special Forged Parts Manufacturing

Overview
Utilizes cold and hot forging technology to produce parts for various industries.
Competitiveness
Advanced technological capabilities and small-lot multi-variety production
Customers
  • Industrial machinery manufacturers
  • Construction machinery manufacturers
  • Automotive parts manufacturers
  • Precision machinery manufacturers
  • Forged parts wholesalers
Products
  • Cold-forged parts
  • Hot-forged parts
  • High-strength parts
  • Precision machinery parts
  • Special metal parts

Maintenance and Repair Parts

Overview
Provides repair parts for various industries to support machinery operation.
Competitiveness
High durability and rapid supply response
Customers
  • Construction machinery repair companies
  • Automotive repair shops
  • Ship maintenance companies
  • Factory maintenance departments
  • Industrial machinery service companies
Products
  • Repair bolt sets
  • Wear-resistant brackets
  • Replacement hinges
  • Reinforcement parts
  • Rust-proofed products

Technical Support and Engineering Supplies

Overview
Provides parts and support supplies meeting advanced technical requirements.
Competitiveness
Custom対応 leveraging technical expertise
Customers
  • Manufacturing engineers
  • Design offices
  • Construction machinery manufacturer technical departments
  • Automotive manufacturing technical departments
  • Shipbuilding engineering departments
Products
  • Special joining parts
  • Reinforcing materials
  • Technical support materials
  • Tool parts
  • Prototype parts

Competitive Advantage

Strengths

  • High market share in bolts for construction machinery
  • Advanced cold and hot forging technology
  • Strong transaction relationships with major companies like Komatsu
  • Stable financial base
  • Broad product lineup
  • Domestic and international production and sales network
  • High-precision processing technology
  • Small-lot multi-variety production capabilities
  • Comprehensive quality management system
  • Long-term customer trust
  • Global expansion through overseas subsidiaries
  • Continuous investment in technology development
  • Flexible customization対応
  • Environmentally considerate manufacturing processes
  • Stable supply chain management

Competitive Advantages

  • Domestic top share in special bolts for construction machinery
  • Custom product provision for diverse industries
  • High forging/processing technology and quality standards
  • Long-term partnerships with key customers
  • Reliable material procurement and stable supply system
  • Regionally integrated manufacturing and service provision
  • Flexible対応 through domestic and international production bases
  • Product performance improvement through technological innovation
  • Maintenance of high-precision quality management systems
  • Market risk diversification through diverse products
  • Established product development and design capabilities
  • Strict compliance with safety and environmental standards
  • Rapid対応 for special applications
  • Continuous customer needs research and reflection
  • Robust after-sales service system

Threats

  • Risk of fluctuations in steel raw material prices
  • Intensifying price competition from overseas rivals
  • Demand decline due to global economic instability
  • Impact from strengthened environmental regulations in the automotive industry
  • Decline in competitiveness from delayed adaptation to new technologies
  • Disruptions in production and logistics due to natural disasters
  • Labor shortages and aging of technicians
  • Increased import/export costs due to exchange rate fluctuations
  • Increased cost burdens from regulatory and legal changes
  • Rising costs for environmental measures
  • Risk of supply chain disruptions
  • Sudden changes in market needs

Innovations

2024: Improvement in High-Durability Bolt Manufacturing Technology

Overview
Significantly improved bolt durability by combining new materials and heat treatment technology.
Impact
20% extension in product lifespan, reduction in maintenance costs

2023: Automation of Special Cold Forging Process

Overview
Achieved improved manufacturing precision and cost reduction through production line automation.
Impact
15% improvement in processing precision, 10% increase in productivity

2022: Development of Corrosion-Resistant Bolts for Ships

Overview
Successfully commercialized new bolts with enhanced seawater resistance.
Impact
Reduced ship repair frequency, improved reliability

2021: Introduction of Environmentally Considerate Manufacturing Processes

Overview
Introduced energy-saving equipment in factories and worked on reducing emissions.
Impact
15% reduction in CO2 emissions

2020: Construction of Global Production Management System

Overview
Renewed the system to strengthen collaboration with overseas subsidiaries.
Impact
Unified production management and improved efficiency

Sustainability

  • Setting and implementation of CO2 emission reduction targets
  • Improvement in waste recycling rate
  • Promotion of energy-saving equipment introduction
  • Strengthening and improvement of safety and health management
  • Promotion of environmentally friendly materials adoption
  • Participation in local environmental conservation activities
  • Formulation of green procurement standards
  • Implementation of environmental education for employees
  • Continuous improvement in energy use efficiency
  • Acquisition of environmental management system certification