Maruzen

Basic Information

Stock Code
5982
Industry
Metal Products
Category Detail
Commercial & Industrial Machinery
Prefecture
Tokyo
Establishment Year
March 1961
Listing Year
October 1995
Official Website
http://www.maruzen-kitchen.co.jp/
TSE Information
TSE Information
Yahoo! Finance
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Other Companies
Matsui Kensetsu, Nihon Chouriki, Uemura Kogyo, SHINPO, Nakanishi Seisakusho, Fujimac, Kikukawa, Hoshizaki, Kitazawa Sangyo

Overview

Maruzen is a leading manufacturer of commercial kitchen equipment founded in 1961, with heat equipment as its mainstay, offering a wide range of high-quality in-house products as one of Japan's top domestic makers.

Current Situation

Maruzen achieved consolidated sales of 51.5 billion yen and ordinary profit of 4.9 billion yen in 2019, maintaining a stable revenue base. It boasts over 50% in-house production ratio in its core heat equipment segment, establishing strong competitiveness in the commercial kitchen equipment industry. The company has deployed manufacturing subsidiaries across multiple regions to build an efficient production system. It has also acquired businesses from related equipment manufacturers, such as bread-making machinery, to advance diversification. In recent years, it has pursued business expansion through acquisitions from peer companies, focusing on strengthening its domestic market share. With consideration for sustainability, it is developing energy-saving equipment. Moving forward, it aims to meet customer needs through the introduction of new technologies and product diversification, pursuing sustainable growth. Compared to competitors, it maintains stable performance, with expectations for future capital investments and quality enhancements.

Trivia

Interesting Facts

  • Founded in 1961 with over half a century of history in the industry
  • Expanded into bread and confectionery machinery, practicing diversified management
  • Headquartered in Taito Ward, Tokyo, as a long-established manufacturer
  • Furnace equipment manufacturing technology is among the industry's best
  • Operates multiple regional factories to strengthen production system
  • Acquired customer base from competitors through business transfers
  • In-house production rate for gas stoves exceeds approximately 50%
  • Leads the industry in sterilization and cleaning equipment
  • Capital of 3.1 billion yen with stable financial base
  • Mid-sized company with approximately 1,350 consolidated employees
  • Supports kitchen equipment infrastructure for Japan's domestic food service industry
  • History of TV commercials on Asahi Broadcasting
  • Implemented capital alliances with multiple major shareholders
  • Actively launches new products to comply with environmental regulations
  • High product quality highly evaluated domestically and internationally

Hidden Connections

  • Strong trading relationships with confectionery industry through bread machinery business transfer
  • Includes local capital companies among major shareholders, deeply linked to regional economy
  • Kitchen equipment manufacturing forms indirect connections with diverse food-related companies across industries
  • Contributes to regional revitalization through collaboration with local governments via dispersed production sites
  • Connection to Sumida Ward companies through acquisition of Ozaki Co., Ltd. business
  • Deep cooperative relationships with industry associations due to equipment manufacturing tailored to diverse restaurant kitchen environments
  • Transaction record with public facilities and large commercial complexes due to high product quality
  • Relationships with industry competitors have evolved alongside company name changes

Future Outlook

Growth Drivers

  • Increased kitchen equipment renewal from store renovations
  • Market expansion of energy-saving and environmentally friendly products
  • Rising hygiene awareness in food service industry boosting sterilization equipment demand
  • Expanding machinery needs in bread and confectionery sectors
  • Smartification of kitchen equipment via IoT
  • Growth in restaurant openings in regional cities
  • Growth in export business to overseas markets
  • Enhanced customization to meet customer needs
  • Expansion of maintenance and service business
  • Response to strengthened food hygiene and safety regulations

Strategic Goals

  • Raise sales ratio of energy-saving products to over 70%
  • Expand overseas sales to 20% of total
  • Develop and expand sales of IoT-enabled smart kitchen equipment
  • Achieve top-class share in bread and confectionery sector
  • Strengthen product lines fully compliant with environmental regulations
  • Maintain repeat rate over 90% through customer satisfaction improvement
  • Further reinforce sustainability management
  • Complete nationwide service network
  • Market diversification through product development for diverse industries
  • Systematic expansion of regional social contribution activities

Business Segments

Kitchen Equipment for Restaurants

Overview
Provides high-quality kitchen equipment to diverse restaurants and facilities, supporting operational efficiency and hygiene management.
Competitiveness
High manufacturing quality and customization capabilities
Customers
  • Restaurants
  • Cafes
  • Hotels
  • Izakaya
  • Food Courts
  • School Lunch Centers
  • Hospital Kitchens
  • School Cafeterias
  • Nursing Homes
  • Factory Cafeterias
  • Convenience Stores
  • Food Processing Plants
Products
  • Gas Stoves
  • Ovens
  • Fryers
  • Worktables
  • Sinks
  • Dishwashers
  • Sterilization Storage Cabinets
  • Refrigerators
  • Warm Storage Units
  • Steam Equipment
  • Ventilation Equipment
  • Kitchen Equipment Maintenance

Bread and Confectionery Machinery

Overview
Provides specialized machinery to the bread and confectionery industry, contributing to production efficiency and quality improvement.
Competitiveness
Product lineup tailored to industry needs
Customers
  • Bread Factories
  • Confectionery Factories
  • Bakeries
  • Food Processing Companies
  • Catering Companies
  • Hotels
Products
  • Dough Molding Machines
  • Baking Ovens
  • Mixers
  • Cooling Equipment
  • Packaging Machines
  • Other Bread-Making Equipment

Kitchen Equipment Repair and Maintenance

Overview
Provides repair and maintenance services to support long-term stable operation of kitchen equipment.
Competitiveness
Nationwide service network
Customers
  • Restaurants
  • Hotels
  • Hospitals
  • Schools
  • Manufacturers
Products
  • Equipment Inspections
  • Repair Services
  • Parts Supply
  • Maintenance Contracts

Kitchen Design and Construction Support

Overview
Offers comprehensive support services from kitchen equipment introduction to construction.
Competitiveness
Abundant installation experience and know-how
Customers
  • New Restaurant Owners
  • Renovation Contractors
  • Design Firms
Products
  • Kitchen Layout Design
  • Construction Management Support
  • Operational Consulting

Environmental and Energy-Saving Solutions

Overview
Develops and provides energy-saving kitchen equipment and systems to reduce environmental impact.
Competitiveness
Advanced technology for environmental regulation compliance
Customers
  • Restaurants
  • Food Factories
  • Commercial Facilities
Products
  • Energy-Saving Kitchen Equipment
  • Heat Recovery Systems
  • Waste Heat Exhaust Countermeasures

Food Hygiene and Safety Management Equipment

Overview
Provides sterilization and cleaning technologies to support food safety and strengthen hygiene management.
Competitiveness
Proprietary high-performance sterilization technology
Customers
  • Restaurants
  • Hospitals
  • Schools
  • Food Manufacturers
Products
  • Sterilization Cleaning Equipment
  • Storage Cabinets
  • Hygiene Management Systems

Commercial Refrigeration and Freezer Equipment

Overview
Stably supplies essential refrigeration and freezing equipment for food freshness preservation.
Competitiveness
Superior energy-saving product lineup
Customers
  • Restaurants
  • Food Processing Plants
  • Supermarkets
  • Logistics Centers
Products
  • Refrigerators
  • Freezers
  • Refrigerated Showcases
  • Cooling Equipment

Kitchen Equipment Export Business

Overview
Expanding overseas, primarily in Asia, with high-quality kitchen equipment.
Competitiveness
Product development capabilities for overseas markets
Customers
  • Overseas Restaurant Chains
  • Import Distributors
Products
  • Commercial Gas Stoves
  • Stainless Steel Worktables
  • Dishwashers

OEM and Custom Manufacturing

Overview
Provides OEM manufacturing tailored to customer specifications.
Competitiveness
Advanced design technology and flexible order fulfillment
Customers
  • Kitchen Equipment Manufacturers
  • Equipment Contractors
Products
  • Design Custom Manufacturing
  • Special Equipment Production

Kitchen Equipment Parts Sales

Overview
Provides a wide range of essential parts for kitchen equipment maintenance.
Competitiveness
Ample inventory and rapid supply
Customers
  • Repair Companies
  • Restaurants
  • Equipment Management Companies
Products
  • Consumables
  • Replacement Parts

Kitchen Equipment Rental Service

Overview
Offers kitchen equipment rental and installation services for short-term use.
Competitiveness
Flexible service provision capabilities
Customers
  • Event Companies
  • Short-Term Restaurants
Products
  • Kitchen Equipment Rental
  • Installation Support

Kitchen Equipment Training and Education

Overview
Provides training on proper use and maintenance of kitchen equipment.
Competitiveness
Instruction leveraging extensive practical experience
Customers
  • Kitchen Staff
  • Restaurant Owners
Products
  • Equipment Usage Training
  • Hygiene Management Seminars

Competitive Advantage

Strengths

  • Over 50% in-house product ratio with strong manufacturing capabilities
  • Production bases dispersed across multiple regions
  • Specialization in commercial kitchen equipment
  • High-quality manufacturing technology and durability
  • Broad product lineup
  • Stable financial base and capital scale
  • Consolidated sales exceeding 50 billion yen
  • Established brand recognition in the industry

Competitive Advantages

  • Firm position in the domestic commercial kitchen equipment market
  • Diversification through acquisition of bread and confectionery machinery business
  • Customer needs response via segmented product deployment
  • Risk dispersion through efficient production system and multi-site operations
  • Provision of hygiene management equipment with advanced sterilization and cleaning technology
  • Rapid response and service system for clients
  • Long-cultivated trust with customers

Threats

  • Growth slowdown due to maturing domestic market
  • Intensifying price competition with rivals
  • Risks from fluctuations in material prices and energy costs
  • Compliance burden from strengthened regulations and changing environmental standards
  • Potential market share loss from delays in new technology adoption
  • Demand reduction risk from economic fluctuations in client industries

Innovations

2023: Development of Energy-Saving Commercial Gas Stove

Overview
Newly launched energy-saving gas stove with improved combustion efficiency.
Impact
Reduces energy consumption by 15%, contributing to cost reduction.

2022: Introduction of Smart Kitchen Management System

Overview
Utilizes IoT technology to enable remote monitoring of kitchen equipment operation data.
Impact
Improves operational efficiency through failure prediction and optimized maintenance.

2024: Improvement of High-Durability Stainless Steel Worktable

Overview
Adopts new material enhancing corrosion and scratch resistance to extend product lifespan.
Impact
Contributes to higher customer satisfaction and reduced maintenance costs.

2021: Launch of Enhanced Cleaning Dishwasher

Overview
Introduced next-generation commercial dishwasher with improved sterilization effects.
Impact
Meets demands for strengthened hygiene management, expanding sales.

2020: Expansion of Environmentally Friendly Heat Equipment Lineup

Overview
Introduced exhaust gas reduction technology and low-VOC design products.
Impact
Strengthens environmental regulation compliance and supports client CSR initiatives.

Sustainability

  • Development and sales reinforcement of energy-saving kitchen equipment
  • Expansion of recyclable material usage
  • Setting CO2 emission reduction targets in manufacturing processes
  • Thorough safety and hygiene management with improved working environment
  • Cooperation in regional environmental conservation activities
  • Promotion of environmentally considerate packaging
  • Waste reduction through product lifespan extension
  • Implementation of green procurement policy
  • Employee environmental education programs
  • Participation in industry group environmental standards formulation