Convum
Basic Information
- Stock Code
- 6265
- Industry
- Machinery
- Category Detail
- Industrial Equipment & Heavy Electrical Apparatus
- Prefecture
- Tokyo
- Establishment Year
- April 1951
- Listing Year
- October 2004
- Official Website
- https://www.convum.co.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
- Other Companies
- Toyo Dry, Nabtesco, SMC, Kikukawa, Anest Iwata, Kaji Tech, Yuken Kogyo, CKD, Hamai, Kayaba
Overview
Convum is a specialist manufacturer in the machinery industry founded in 1951, highly regarded both domestically and internationally for manufacturing vacuum generators and suction pads.
Current Situation
Convum recorded consolidated sales of approximately 2.18 billion yen and operating profit of approximately 340 million yen in FY2020, establishing a solid position in the vacuum equipment sector of the machinery industry. Its main products, the Convum vacuum generator and suction pads, are widely adopted in industrial machinery both domestically and internationally, supported by many customers for their quality and reliability. The company focuses on technological development, succeeding in developing energy-saving vacuum devices and custom products, thereby enhancing its competitiveness. In terms of sustainability, it aims to reduce environmental impact through improvements in manufacturing processes and resource conservation. Taking the 2022 name change as an opportunity, it is promoting brand strengthening and overseas expansion, with mid- to long-term strategic goals of expanding market share in the global market. Backed by a broadening customer base and stable financial foundation, growth is expected to continue.
Trivia
Interesting Facts
- The company name 'Convum' derives from its vacuum device brand name.
- Started as a subcontract factory for Ricoh at founding.
- Has an important production base in Oshu City, Iwate Prefecture.
- Ejector-type vacuum generator technology is highly regarded in Japan.
- President is Koji Ise, with strong family-run characteristics.
- Paid-in capital exceeds 700 million yen, with a stable financial base.
- Stock code 6265 continued from JASDAQ listing.
- Belongs to Nikkei industrial equipment category with high specialization.
- Vacuum generators widely used in automotive and electronics industries.
- Products shipped overseas, with growing export ratio.
- 122 consolidated employees, agile organization.
- Active product improvements anticipating environmental regulations.
- Competitors include major players like SMC and Nabtesco.
- Promotes proprietary technology at trade shows to acquire customers.
- Focuses on skill succession among engineers.
Hidden Connections
- Former name 'Myotekko' derived from a local temple name, a storied company name.
- Long-term transactions with Ricoh since founding influenced technology base formation.
- Iwate plant serves as key local employment hub.
- Active in technical exchanges with peers and industry association activities.
- Numerous track records of technical collaboration for customer production line improvements.
- Major shareholder Ise Kogyo contributes to management stability from behind the scenes.
- Despite SME scale, coexists and prospers with majors in niche fields.
- Environmentally friendly product development contributes to future market gains.
Future Outlook
Growth Drivers
- Increasing demand due to automation and labor-saving in industrial machinery
- Market expansion through development of new vacuum technology applications
- Rising needs for energy-saving and environmentally friendly products
- Strengthening overseas expansion centered on Asian markets
- Product innovation through integration with IoT and digital technologies
- Evolution of energy efficiency improvement technologies
- Deepening existing customer base and acquiring new customers
- Efficiency gains through digitalization of manufacturing processes
- Cultivation of advanced engineers and technology succession
- Increasing demand for safe products compliant with stricter regulations
Strategic Goals
- Achieve sales over 3 billion yen
- Overseas sales ratio of 25% or more
- Develop products with 50% or more improved energy-saving performance
- Expand IoT-integrated product lineup
- Build manufacturing system maximizing environmental impact reduction
- Secure top share in niche markets
- Maintain R&D expenses at 5% or more of sales
- Maintain employee numbers and strengthen skill succession system
- Maintain customer satisfaction at 90% or higher
- Regularly publish sustainability reports
Business Segments
Industrial Machinery Manufacturing
- Overview
- Supplies high-performance vacuum and pneumatic equipment to industrial machinery manufacturing.
- Competitiveness
- Product development using proprietary energy-saving and high-efficiency technology
- Customers
-
- Automotive parts manufacturers
- Electronics manufacturers
- Logistics equipment manufacturers
- Food machinery manufacturers
- Packaging machinery manufacturers
- Printing machinery manufacturers
- Semiconductor equipment manufacturers
- Machine tool manufacturers
- Pharmaceutical machinery manufacturers
- Robot manufacturers
- Products
-
- Vacuum generators
- Suction pads
- Pneumatic cylinders
- Valve units
- Control devices
- Custom solutions
Information and Communications Equipment Manufacturing
- Overview
- Provides products for the IT and communications sectors requiring high precision.
- Competitiveness
- Technological capabilities supporting high-precision and stable operation
- Customers
-
- Communications equipment manufacturers
- Electronic component manufacturers
- Semiconductor manufacturing equipment manufacturers
- Data center operators
- Products
-
- Precision suction pads
- Cleanroom-compatible vacuum devices
- Micro control valves
Automotive Industry
- Overview
- Provides highly durable vacuum equipment for automotive manufacturing processes.
- Competitiveness
- High reliability and custom response capabilities
- Customers
-
- Automakers
- Parts suppliers
- Electrical equipment manufacturers
- Products
-
- Ejector-type vacuum generators
- Suction pads
- Custom vacuum systems
Logistics and Packaging Equipment Industry
- Overview
- Manufactures vacuum equipment that enables efficient transport for logistics equipment.
- Competitiveness
- Design technology for improving transport efficiency
- Customers
-
- Warehouse operators
- Packaging manufacturers
- Delivery equipment manufacturers
- Products
-
- Vacuum suction pads
- Ejectors for transport
- Vacuum equipment for automated transport devices
Food Processing Machinery Industry
- Overview
- Provides vacuum devices compliant with food hygiene standards.
- Competitiveness
- High hygiene design and use of safe materials
- Customers
-
- Food machinery manufacturers
- Packaging machinery manufacturers
- Products
-
- Sanitary vacuum devices
- Suction pads
Semiconductor Manufacturing Equipment Industry
- Overview
- Manufactures high-performance vacuum equipment supporting precision semiconductor production.
- Competitiveness
- High precision and clean environment compatibility
- Customers
-
- Semiconductor equipment manufacturers
- Electronics manufacturers
- Products
-
- Ultra-fine suction pads
- Clean-compatible vacuum devices
Medical Equipment Manufacturing
- Overview
- Provides optimal vacuum devices for medical precision machinery.
- Competitiveness
- High quality compliant with medical standards
- Customers
-
- Medical equipment manufacturers
- Pharmaceutical companies
- Products
-
- Vacuum assist devices
- Precision suction pads
Environmental Equipment
- Overview
- Provides highly durable products for the environmental equipment sector.
- Competitiveness
- Energy-saving performance and durable design
- Customers
-
- Environmental equipment manufacturers
- Waste treatment companies
- Products
-
- Vacuum pumps
- Suction systems
Machine Tool Industry
- Overview
- Manufactures precision vacuum components for machine tools.
- Competitiveness
- High-precision machining and durability
- Customers
-
- Machine tool manufacturers
- Parts manufacturers
- Products
-
- Vacuum chucks
- Suction pads
Industrial Robot Manufacturers
- Overview
- Provides vacuum handling devices for industrial robots.
- Competitiveness
- High reliability and custom response
- Customers
-
- Robot manufacturing companies
- Automation equipment manufacturers
- Products
-
- Vacuum grip devices
- Suction pads
Packaging Industry
- Overview
- Supplies vacuum equipment optimized for packaging processes.
- Competitiveness
- Contributes to production line efficiency
- Customers
-
- Packaging manufacturers
- Manufacturers
- Products
-
- Vacuum suction mechanisms
- Vacuum equipment for transport devices
Chemical Industry
- Overview
- Provides corrosion-resistant vacuum equipment for chemical plants.
- Competitiveness
- Corrosion-resistant design technology
- Customers
-
- Chemical manufacturers
- Plastic molding companies
- Products
-
- Vacuum pumps
- Suction systems
Competitive Advantage
Strengths
- Proprietary vacuum technology development capabilities
- High-quality product supply system
- Adaptability to a wide range of industries
- Strong customer base
- Stable financial foundation
- Energy-saving and environmentally friendly technology
- Flexible custom response capabilities
- Long years of trust and track record
- Agile product development
- Prompt customer support
- Geographically dispersed manufacturing bases
- Abundant specialized engineers
- Efficient production system
- Responsiveness to market needs
- Domestic and international sales channels
Competitive Advantages
- High-efficiency technology for ejector-type vacuum generators
- Broad product lineup responding to diverse customer needs
- Differentiation through advanced suction pad design technology
- Product development capabilities compliant with environmental regulations
- Strength in niche markets despite small scale
- Customer-centric service provision
- Collaboration track record with major companies due to high technological capabilities
- Technological innovation through continuous R&D investment
- Precision machining technology for mechanical equipment
- Custom response capability with short delivery times
- Problem-solving capabilities tailored to on-site needs
- Stable parts procurement and quality control system
- Technological superiority through domestic and international patents
- Strong community relations
- High product durability
Threats
- Competitive pressure from major machinery manufacturers
- Production impacts from global semiconductor shortages
- Risk of fluctuating raw material prices
- Increased compliance costs due to stricter environmental regulations
- Uncertainty in the global economy
- Challenges in keeping up with rapid technological evolution
- Import/export risks due to trade friction
- Declining demand from Japan's shrinking population
- Price competition from emerging country manufacturers
- Profit pressure from exchange rate fluctuations
- Decline in competitiveness due to delays in new technology development
- Reduced production efficiency due to labor shortages
Innovations
2023: Launch of Energy-Saving Ejector Vacuum Device
- Overview
- Developed a new vacuum device with 20% improved energy-saving performance over previous models.
- Impact
- Contributes to reducing customers' energy costs
2022: Introduction of High-Speed Design System for Custom Suction Pads
- Overview
- Launched a design system capable of quick response to customer requests.
- Impact
- Shortened development periods and improved customer satisfaction
2024: Development of IoT-Compatible Vacuum Monitoring System
- Overview
- Developed an IoT product capable of remote monitoring and analysis of operation status.
- Impact
- Achieves improved maintenance efficiency and failure prediction
2021: Expansion of Environmentally Friendly Materials Adoption
- Overview
- Expanded use of recycled materials and low-environmental-impact materials.
- Impact
- Reduces environmental impact of products
2020: Development of Vacuum Generation Efficiency Improvement Technology
- Overview
- Improved vacuum generation efficiency by over 10% with new structure.
- Impact
- Achieves device miniaturization and energy saving
Sustainability
- Promotion of energy-saving and resource conservation in manufacturing processes
- Proprietary measures to improve waste recycling rate
- Waste reduction through long-life product design
- Expansion of environmentally friendly materials adoption
- In-house eco-driving and energy-saving activities