Makino Milling Machine Co., Ltd.

Basic Information

Stock Code
6135
Industry
Machinery
Category Detail
Manufacturing Machinery & Electrical Equipment
Prefecture
Tokyo
Establishment Year
May 1937
Listing Year
July 1964
Official Website
https://www.makino.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Fuji Media Holdings, Tsugami Corporation, Okuma Corporation, Okamoto Machine Tool Works Co., Ltd., DMG Mori Co., Ltd., Sodick Co., Ltd., Seibu Electric & Machinery Co., Ltd., Micron Machinery Co., Ltd., Toyota Industries Corporation, Howa Machinery, Ltd., Kikukawa Enterprise Co., Ltd., Nidec Corporation, Star Micronics Co., Ltd.

Overview

Makino Milling Machine Co., Ltd. is a machine tool manufacturer founded in 1937, representing Japan in the machining center sector with high-precision machining technology as its core strength.

Current Situation

Makino Milling Machine Co., Ltd. recorded consolidated sales of approximately ¥181.5 billion and operating profit of approximately ¥15 billion in the fiscal year ended March 2018, demonstrating strong competitiveness in domestic and international machine tool markets. Its flagship products are high-rigidity machining centers, supported by a solid customer base in the mold industry and aerospace sector. The company is committed to developing cutting-edge technologies, establishing a pioneering position in NC controls and composite machine tools. It is aggressively expanding globally with numerous subsidiaries in Singapore, Europe and America, and Asia to enhance market responsiveness. Toward 2025, it is countering Nidec's TOB offensive to maintain its unique identity. It is also focusing on strengthening digital machining controls and CAD/CAM systems to meet diverse customer needs. Moving forward, it will emphasize environmentally considerate product development and value enhancement to achieve medium- to long-term growth.

Trivia

Interesting Facts

  • Developer of Japan's first NC milling machine
  • Developed Japan's first machining center in the 1960s
  • Holds high share in the mold industry for many years
  • Pioneer in special machining machines for aerospace
  • Founder Tsunezo Makino was a pioneer in machine tool design
  • Holds numerous patents domestically and internationally
  • High-rigidity machine design highly evaluated in the industry
  • Early leader in digital control technology development
  • Implemented acquisition defense measures against TOB offensive
  • Extensive subsidiaries and bases domestically and internationally
  • Contributes to multi-variety small-lot production with multi-axis technology
  • Global expansion under the proprietary MAKINO brand
  • Experience in technology partnerships with multinational corporations
  • Reputation for ease of use of in-house software
  • Owns specialized technical training facilities in-house

Hidden Connections

  • The intense TOB battle with Nidec stems from potential technological synergies in manufacturing
  • Strong ties with the mold industry indirectly contribute to automotive parts processing
  • Supports Japan's industrial technology foundation with aerospace machining machines
  • Multi-axis machining technology applied to precision medical device manufacturing in some cases
  • Actively supports engineer training for local communities
  • Conducting numerous joint research projects with universities domestically and internationally
  • Contributes to local job creation through numerous overseas subsidiaries
  • In-house digital control software development influences industry standardization

Future Outlook

Growth Drivers

  • Increasing demand for molds and precision processing domestically and internationally
  • Expansion of machining machine demand due to advancement in aerospace industry
  • Promotion of smart factories through digitalization
  • Demand for energy-saving and environmentally compatible products amid stricter environmental regulations
  • Manufacturing trend toward multi-variety small-lot production
  • Orientation toward high value-added products in global markets
  • Competitive enhancement through ongoing advanced processing technology development
  • Growth in emerging markets centered on Asia

Strategic Goals

  • Achieve 30% reduction in environmental impact across all product lines
  • Maintain and expand overseas sales ratio above 50%
  • Popularize smart machining machines utilizing AI and IoT technologies
  • Complete development of new material-compatible machining centers
  • Realize sustainability-focused manufacturing processes
  • Strengthen global service infrastructure
  • Expand world market share in multi-axis composite machining machines
  • Achieve ¥30 billion in digital solution sales
  • Enhance employee technical skills and foster global talent
  • Diversify revenue through new product launches in new markets

Business Segments

Machine Tool Manufacturing and Sales

Overview
Business of manufacturing and selling machine tools and control software essential for high-precision metal parts processing.
Competitiveness
High-precision machining technology and top-class track record in Japan
Customers
  • Mold manufacturers
  • Automotive parts manufacturers
  • Aerospace companies
  • Precision machinery manufacturers
  • Electronic component manufacturers
  • Medical device manufacturers
Products
  • Machining centers
  • EDM machines
  • Composite machining machines
  • Grinding machines
  • Machining control software

Overseas Business Expansion

Overview
Deployment of sales and customer support for Japanese-made machine tools in overseas markets.
Competitiveness
Market responsiveness through multi-country expansion and local support
Customers
  • Global manufacturers
  • Local agents
  • International logistics companies
Products
  • Export of domestically manufactured machines
  • Local sales and support overseas

Software Development

Overview
Development and provision of software to improve operability and support production management for machine tools.
Competitiveness
In-house developed software optimally integrated with machines
Customers
  • Machine tool users
  • System integrators
  • Manufacturing IT departments
Products
  • CAD/CAM systems
  • Machine control software
  • Network monitoring tools

After-Sales Service

Overview
Supports user operations through maintenance, inspections, and parts supply for machine tools.
Competitiveness
Extensive service network
Customers
  • Domestic and international machine tool users
  • Maintenance contractors
Products
  • Machine repairs
  • Parts supply
  • Maintenance contracts

Mold Industry Support

Overview
Business providing machines that meet mold manufacturing needs with advanced processing technology.
Competitiveness
Mold-specialized machine design
Customers
  • Plastic mold manufacturers
  • Metal casting mold manufacturers
Products
  • High-precision machining centers
  • EDM machines

Aerospace Processing

Overview
Design and sales of high-precision machines specialized for the aerospace field.
Competitiveness
Technology corresponding to latest materials and shapes
Customers
  • Aircraft parts manufacturers
  • Space equipment manufacturers
Products
  • High-rigidity machining centers
  • Composite machining machines

R&D Support

Overview
Provision of machining solutions and equipment for research and development.
Competitiveness
Versatile technological capabilities
Customers
  • Universities and research institutes
  • Manufacturing technology development companies
Products
  • Custom machining machines
  • Prototype processing services

Logistics Services

Overview
Optimization of product logistics and delivery management domestically and internationally.
Competitiveness
In-house logistics network
Customers
  • Manufacturing logistics departments
  • Supply chain companies
Products
  • Parts logistics management
  • Finished machine delivery

Training Services

Overview
Provision of training programs to improve operation skills.
Competitiveness
Experienced instructor team
Customers
  • Machine tool operators
  • Corporate engineers
Products
  • Technical training
  • Operation workshops

Environmental Technology Development

Overview
Development of processing machines aimed at reducing environmental impact.
Competitiveness
Sustainability-focused design
Customers
  • Manufacturing environmental management departments
  • Government and local authorities
Products
  • Energy-saving machine development
  • Recycling-compatible machines

Maintenance Parts Manufacturing

Overview
Provision of high-quality parts to support long-term operation.
Competitiveness
Reliability from genuine parts
Customers
  • Machine users
  • Repair contractors
Products
  • Replacement parts
  • Consumables

Digital Solution Development

Overview
Solutions supporting production innovation using IoT and AI.
Competitiveness
Advanced integration with machining machines
Customers
  • Production line managers
  • Smart factory builders
Products
  • Machining data analysis
  • Production optimization software

Competitive Advantage

Strengths

  • High machining accuracy and reliability
  • Wide product lineup
  • Strong relationships with the mold industry
  • Capabilities for the aerospace industry
  • Abundant technology development track record
  • Global sales network
  • In-house developed control software
  • Comprehensive after-sales service
  • Multilingual support system
  • Long industry track record
  • High-rigidity machine design
  • Multi-axis machining technology
  • Advanced composite machining machines
  • Customization capabilities
  • High-durability materials

Competitive Advantages

  • Technological leadership from developing Japan's first NC milling machine
  • Stable orders from strong mold industry customer base
  • Proprietary design of high-precision multi-axis machining centers
  • Manufacturing capabilities for special aerospace processing machines
  • Ease of use from integrated development with digital control software
  • Sales and service network deployed worldwide
  • High brand recognition and customer trust
  • Broad response to customer needs with versatile product lineup
  • Comprehensive long-term warranties and maintenance systems
  • Provision of latest CAD/CAM integrated systems
  • Machine structures achieving high durability
  • Utilization of abundant grinding and EDM technologies
  • Customizable made-to-order production system
  • Stable production backed by proven track record
  • Aggressive overseas market development strategy

Threats

  • Price competition pressure from global rival manufacturers
  • Impact of exchange rate fluctuations on import/export costs
  • Risk of lagging behind rapid digital technology advancements
  • Intensifying competition from quality improvements by emerging country manufacturers
  • Instability in global material procurement
  • Increased compliance costs from strengthened international environmental regulations
  • Risk of delays in new technology development
  • Political and economic instability in overseas markets
  • Challenges in securing talent and technology succession
  • Cybersecurity risks
  • Sudden fluctuations in market demand
  • Patent dispute risks

Innovations

2023: High-Rigidity Technology for 5-Axis Machining Centers

Overview
Launched products with improved machining accuracy and durability through newly developed high-rigidity structures.
Impact
Contributes to higher quality mold processing and improved production efficiency

2024: Development of Next-Generation EDM Machines

Overview
Developed EDM machines achieving high-precision and high-speed processing for micro-machining.
Impact
Strengthens competitiveness in aerospace and electronic components markets

2022: Introduction of AI-Equipped Machining Monitoring System

Overview
Began equipping AI systems that analyze machining status in real time.
Impact
Achieves defect rate reduction and improved utilization rate

2025: Launch of Environmentally Friendly Energy-Saving Machining Machines

Overview
Scheduled to launch energy-saving machines that achieve both power consumption reduction and CO2 reduction.
Impact
Supports customers' environmental burden reduction and stimulates new demand

2023: Launch of IoT-Based Remote Machine Diagnosis Service

Overview
Deployed services for remote monitoring of machine conditions via networks.
Impact
Improves maintenance efficiency and service quality

2024: Development of High-Value-Added Composite Machining Machine Models

Overview
Newly introduced composite machining machines with enhanced multi-process compatibility to expand market share.
Impact
Successfully acquires customers for multi-variety small-lot production

2022: CAD/CAM Software Operability Improvement Update

Overview
Revamped user interface for significant operability enhancements.
Impact
Shortens user design time

2023: Practical Implementation of Cutting-Edge 5-Axis Machining Technology

Overview
Enabled high-precision processing of complex shapes with special machining technology.
Impact
Contributes to market share expansion in difficult-to-machine materials

2025: Launch of New Models with Low-Noise and Low-Vibration Design

Overview
Manufactured highly quiet machines contributing to improved work environments.
Impact
Improves labor productivity and customer satisfaction

2024: Start of Factory Operations Using Renewable Energy

Overview
Reduced environmental impact by utilizing solar power at manufacturing sites.
Impact
Sustainable manufacturing contributing to CO2 emission reductions

Sustainability

  • Promotion of energy conservation in manufacturing processes
  • Active introduction of waste material recycling
  • Strengthening product design to reduce environmental impact
  • Establishment of sustainable procurement standards
  • Enhancement of employee environmental education
  • Participation in local environmental conservation activities
  • Public disclosure and progress management of CO2 reduction targets
  • Promotion of green procurement
  • Implementation of environmental audits in the supply chain
  • Thorough compliance with environmental laws and regulations
  • Promotion of eco-product development
  • Promotion of paperless operations within the company