Tsudakoma Corporation

Basic Information

Stock Code
6217
Industry
Machinery
Category Detail
Manufacturing Machinery & Electrical Equipment
Prefecture
Ishikawa Prefecture
Establishment Year
December 1939
Listing Year
October 1961
Official Website
https://www.tsudakoma.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Spa Bag, Shima Seiki Mfg., Pegasus, Juki, Janome, CS Lumber, Maruyachikura

Overview

Tsudakoma Corporation is a leading company in the textile machinery and machine tool industry founded in 1939, holding the world's top market share in jet room high-speed looms.

Current Situation

Tsudakoma Corporation maintains solid performance with consolidated sales of approximately 42.2 billion yen and operating profit of about 900 million yen. Its flagship jet room looms boast high market shares both at home and abroad, and its machine tools are also growing. It is advancing business diversification through a business alliance with Toyoda Automatic Loom Works and sales of composite material processing machines. It operates manufacturing bases and service companies in China and India, accelerating overseas expansion. It is also focusing on sustainability by developing low environmental impact products and contributing to local communities. Continuing technological development, it aims to strengthen growth foundations and develop new markets from 2024 onward. Financial improvements are progressing, including a return to net profit after six years, and long-term stable growth is expected.

Trivia

Interesting Facts

  • Tsudakoma Corporation has a history of developing Japan's first Tsuda-style power loom
  • Cumulative production of Jet Looms exceeds 200,000 units
  • Established a joint venture with Toyoda Automatic Loom Works to enter the composite material machinery business
  • Regional company with headquarters and multiple factories in Kanazawa City, Ishikawa Prefecture
  • Has maintained top domestic share in textile machinery for many years
  • Machine tool attachments are also a mainstay product besides looms
  • Has manufacturing subsidiaries overseas and is advancing global deployment
  • In 2018, recorded sales of approximately 42 billion yen and net profit of approximately 800 million yen
  • Consolidated employees number approximately 1,157, a mid-sized manufacturer
  • Boasts high product quality from long-term technological accumulation

Hidden Connections

  • Jointly focusing on composite material processing equipment with Toyoda Automatic Loom Works, has deep ties to the automotive industry
  • Has technological connections with Kyoto Machine Tool, founded by a former employee
  • Has multiple subsidiaries in China and India, with active business expansion in emerging markets
  • High-speed precision technology from loom manufacturing is applied to machine tool parts
  • Major shareholders include employee stock ownership association and major trust banks, forming a stable management foundation
  • Actively engages in community collaboration and contribution activities centered in Kanazawa City
  • Vies fiercely in the textile machinery market with competitors Shima Seiki Mfg. and Janome
  • Due to its long history, has close relations with the traditional culture of the textile industry

Future Outlook

Growth Drivers

  • Increasing demand for higher speed and advancement in textile and sewing machinery
  • Rapid expansion of the composite material processing market
  • Product strength enhancement through technical alliances domestically and internationally
  • Expected sales growth from emerging market development
  • Expansion of demand for energy-saving and environmentally friendly products
  • Production efficiency improvement through DX (digital transformation)
  • Profitability improvement through high value-added product development
  • Strengthening of sustainability-compliant products and services

Strategic Goals

  • Maintain and expand top share in textile machinery domestically and internationally
  • Establish domestic leadership in the composite material processing machine market
  • Achieve sales of over 50 billion yen
  • Realize over 50% ratio of low environmental impact products
  • 20% productivity improvement through digital technology introduction
  • Increase overseas sales ratio to over 30%
  • Strengthen collaboration with local communities and diversify CSR activities

Business Segments

Textile Machinery Manufacturing

Overview
Provides cutting-edge high-speed automatic looms to the textile industry domestically and internationally.
Competitiveness
World's top share with high-efficiency looms
Customers
  • Textile manufacturers
  • Textile factories
  • OEM companies
  • Overseas loom sales agents
  • Fashion brand manufacturers
Products
  • High-speed automatic looms
  • Air jet looms
  • Water jet looms

Machine Tool Attachment Manufacturing

Overview
Manufactures and sells high-performance attachments in the machine tool sector.
Competitiveness
High-quality components for precision machining
Customers
  • Metal processing factories
  • Precision machinery manufacturers
  • Automotive parts manufacturers
  • Electrical equipment manufacturers
  • Industrial machinery manufacturers
Products
  • Index tables
  • High-precision chucks
  • Superhard tool devices

Composite Material Processing Equipment

Overview
Provides advanced processing equipment for composite materials to meet diverse industry needs.
Competitiveness
Advanced technology for composite materials
Customers
  • Aerospace industry
  • Automotive manufacturers
  • Composite material processing companies
  • Research institutions
Products
  • Composite material processing machines
  • High-precision forming equipment

Competitive Advantage

Strengths

  • World's top share in high-speed loom technology
  • Technological enhancement through alliance with Toyoda Automatic Loom Works
  • Diverse product lineup and expanded manufacturing bases
  • Extensive sales network domestically and internationally
  • High quality of precision machining attachments

Competitive Advantages

  • Market dominance in jet room looms
  • Delivery capability backed by high development and production capacity
  • Differentiation through expansion into composite material processing
  • Overseas manufacturing and sales bases in China, India, etc.
  • Provision of sustainable environmentally considerate products

Threats

  • Rise of overseas competitors in the textile machinery market
  • Profit pressure risk from exchange rate fluctuations
  • Cost increases from rising raw material prices
  • Decline in demand due to global economic fluctuations
  • Decline in market competitiveness from delays in technological innovation

Innovations

2023: Development of new composite material processing machine model

Overview
Developed a new processing machine compatible with advanced composite materials.
Impact
Contributes to expansion of aerospace demand

2022: Introduction of energy-saving technology for air jet looms

Overview
Equipped with technology to improve the energy efficiency of looms.
Impact
Reduces production costs and environmental impact

2021: Improved accuracy of index tables

Overview
Improved positioning accuracy of machine tool attachments.
Impact
Enhances customer satisfaction and product value

2020: Strengthened joint ventures with Toyoda Automatic Loom Works

Overview
Accelerated development of composite material machines through jointly invested company.
Impact
Achieves new market development and sales diversification

Sustainability

  • Promotion of energy-saving loom development
  • Thorough waste reduction activities in manufacturing processes
  • Provision of environmentally considerate composite material processing machines
  • Environmental conservation through collaboration with local communities
  • Promotion of recycled material utilization