Takamatsu Machine Works

Basic Information

Stock Code
6155
Industry
Machinery
Category Detail
Manufacturing Machinery & Electrical Equipment
Prefecture
Ishikawa Prefecture
Establishment Year
July 1961
Listing Year
February 2001
Official Website
https://www.takamaz.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Mitsutochi, Chemipro, Tsugami, Okuma, Okamoto Machine Tool Works, Makino Milling Machine, DMG Mori Seiki, Sodick, Seibu Electric, Micron Precision, Howa Machinery, SANEI, Star Precision

Overview

Takamatsu Machine Works is a major machine tool manufacturer founded in 1961, particularly strong in small NC lathes for the automotive industry as a technology-intensive company.

Current Situation

Takamatsu Machine Works recorded consolidated sales of approximately ¥22.6 billion and net assets of approximately ¥14.5 billion in the fiscal year ended March 2019, maintaining a solid financial base with its headquarters in Hakusan City, Ishikawa Prefecture. Its core business is the manufacturing and sales of machine tools centered on small NC lathes, with a strong customer base in the automotive parts sector. In recent years, it has advanced equipment investments and factory expansions to enhance production capacity while addressing intensifying competition in domestic and international markets. In technology development, it pursues advancements in high-precision machining technology and labor-saving features to differentiate from competitors. Conscious of reducing environmental impact, it has established a sustainable production system and contributes to the local economy. While there are years with net losses financially, it focuses on business reconstruction and earnings structure improvement, promoting sales channel diversification and new customer development. Moving forward, it aims to achieve stable profit generation through smart factory initiatives leveraging DX and IoT technologies, while closely monitoring domestic and international market trends to formulate medium- to long-term growth strategies and maintain competitiveness.

Trivia

Interesting Facts

  • Takamatsu Machine Works has had its headquarters in Hakusan City, Ishikawa Prefecture, since its founding.
  • Has established a niche in the market specialized in small NC lathes.
  • Transactions with multiple major domestic and international manufacturers in automotive parts processing.
  • Origins trace back to Takamatsu Tekko-sho founded in 1948, specializing in industrial machinery.
  • Technology-intensive company with about 60% of employees in technical roles.
  • Listed on the Tokyo Stock Exchange Standard, second section since 2006.
  • In-house development of multi-axis lathe control systems at Takamatsu Machine Works.
  • Strengthened capital investments in FY2019, advancing new factory builds and expansions.
  • The only large NC lathe manufacturer headquartered in Ishikawa Prefecture.
  • Active in developing automation and labor-saving equipment for machine tools.

Hidden Connections

  • Promotes Ishikawa Prefecture industrial collaboration through parts supply partnerships with multiple local SMEs.
  • Long-term transaction relationships with Toyota Group domestically and internationally in lathe development for automotive industry.
  • Cooperative relationships in technology development and talent exchange with fellow Tokyo-listed companies.
  • Actively conducts corporate training and internships for regional manufacturing technician development.
  • Advancing collaborations with domestic and international machine manufacturers in environmentally regulatory compliant product design.
  • Contributes to regional economic revitalization through factory expansions in partnership with local government.
  • Long-term relationships with multiple major material manufacturers through machine tool parts supply.
  • High presence at machine tool specialized trade shows, attracting industry attention.

Future Outlook

Growth Drivers

  • Increasing demand for machining corresponding to electrification in automotive industry
  • Market expansion for energy-saving and environmentally friendly machine tools
  • Promotion of smart factories through industrial DX
  • Growing demand for low-cost, high-performance machines for SMEs
  • Response to competitiveness enhancement measures in domestic manufacturing
  • Development of overseas production bases and local market development
  • Rising needs for automation and labor-saving in machine tools
  • New market creation through advanced machining technology
  • Technology development adapting to material diversification
  • Strengthening talent development and technology succession

Strategic Goals

  • Secure over 30% domestic share in small lathe business
  • Deploy smart factory-compatible products across all lines
  • Stably secure annual sales exceeding ¥30 billion
  • Reduce CO2 emissions in manufacturing processes by 50%
  • Achieve ¥5 billion in sales from new automation systems business
  • Promote differentiation through advanced digital control technology
  • Expand global customer base and strengthen local services
  • 50% improvement in management efficiency through in-house DX
  • Establish brand as a company acquiring environmental and safety standards
  • Ongoing implementation of talent diversification and next-generation management development

Business Segments

Machine Tool Manufacturing

Overview
Manufactures high-precision, high-reliability machine tools to support productivity improvement in manufacturing.
Competitiveness
Strength in integrating high-precision machining technology with automation systems.
Customers
  • Automotive manufacturers
  • Aircraft manufacturers
  • Precision machinery manufacturers
  • Tool manufacturers
  • Parts processors
Products
  • Small NC lathes
  • Multi-axis lathes
  • Machining peripheral equipment
  • Machine tool control software
  • Labor-saving automation systems

Equipment Maintenance and Services

Overview
Provides maintenance services to support long-term stable operation of installed machines.
Competitiveness
Comprehensive nationwide service network.
Customers
  • Machine tool users
  • Manufacturing industry in general
Products
  • Repair services
  • Periodic maintenance
  • Parts replacement
  • Technical support
  • Training services

Development and Technical Support

Overview
Supports machining technology and system development tailored to customer needs.
Competitiveness
Customization capabilities backed by extensive experience and technical expertise.
Customers
  • Manufacturing industry
  • Research and development institutions
Products
  • Machining technology development
  • System design
  • Custom machine design

Education and Training Business

Overview
Conducts training to develop machine tool operators and maintenance technicians.
Competitiveness
Provision of practical training programs.
Customers
  • Manufacturing company employees
  • Vocational training schools
Products
  • Operation training
  • Technical instruction
  • Machine maintenance education

Competitive Advantage

Strengths

  • Advanced machine tool manufacturing technology with high precision
  • Customer base specialized in the automotive industry
  • Expertise in small to medium lathe sector
  • Stable financial foundation
  • Thorough quality control
  • Regionally rooted business development
  • Technological strength in automation and labor-saving systems
  • Extensive maintenance and service network
  • Customization capabilities responsive to customer needs
  • Know-how accumulated from long years in manufacturing

Competitive Advantages

  • High-quality product provision through advanced NC lathe technology
  • Brand recognition and reliability in the small lathe market
  • Achieves productivity improvement by combining with labor-saving systems
  • Management structure with strong ties to local economy
  • Superior customer support system
  • Enhanced production capacity through proactive factory equipment investments
  • In-house development of advanced machining control software
  • Advanced skills and extensive experience of engineers
  • Track record of supply to diverse industrial sectors
  • Comprehensive parts replacement support

Threats

  • Intensifying competition with major machine tool manufacturers
  • Price competition in global markets
  • Overseas relocation of domestic manufacturing bases
  • Risk of rising raw material prices
  • Delays in responding to new machining technologies
  • Economic uncertainty from COVID-19 and similar events
  • Impact of exchange rate fluctuations on earnings
  • Shortage of engineers and talent outflow
  • Cost increases from strengthened environmental regulations
  • Revenue instability due to fluctuations in machine tool demand

Innovations

2023: Upgrade of Automated Conveyance System

Overview
Renewed production line automated conveyance system with latest technology to promote efficiency.
Impact
Achieved shorter machining time and reduced labor costs

2022: Development of Advanced Multi-Axis Lathe Technology

Overview
Added IoT functions to conventional multi-axis lathes to improve operability and enable predictive maintenance.
Impact
Contributes to reduced downtime and improved workpiece quality

2021: Introduction of Low-Environmental-Impact Energy-Saving Machines

Overview
Introduced newly designed energy-saving lathes, contributing to CO2 emission reductions.
Impact
Achieved 10% reduction in annual CO2 emissions

2024: AI-Controlled Machining Auto-Optimization System

Overview
Trial introduction of artificial intelligence-based automatic machining condition optimization system.
Impact
15% improvement in production efficiency and yield rate enhancement

Sustainability

  • Activities to reduce energy use in manufacturing processes
  • Programs to improve waste recycling rate
  • Promotion of environmentally considerate machine design
  • Collaboration with local communities on environmental conservation
  • Implementation of environmental education and awareness activities for employees