Tsukishima Holdings

Basic Information

Stock Code
6332
Industry
Machinery
Category Detail
Construction & Civil Engineering
Prefecture
Tokyo
Establishment Year
May 1917
Listing Year
May 1949
Official Website
https://www.tsk-g.co.jp/
TSE Information
TSE Information
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Overview

Tsukishima Holdings is a holding company of a machinery manufacturer founded in 1917, possessing high technological capabilities in the industry centered on water environment business and industrial plants.

Current Situation

Tsukishima Holdings recorded consolidated sales of approximately 93.1 billion yen, operating profit of about 5.7 billion yen, and net profit of about 8.2 billion yen in FY2022. Its main water environment business has strengths in dehydration equipment and drying equipment for water purification and sewage treatment plants, while its industrial business covers chemical, steel, and food plants as well as vacuum equipment manufacturing. In 2023, it transitioned to a holding company system, refreshing its structure to enhance business specialization and efficiency. With multiple bases domestically and overseas, it maintains a broad customer base and promotes PFI and DBO businesses. It focuses on developing environmentally friendly and energy-saving technologies, aiming to build a sustainable society. Moving forward, it seeks to enhance the functionality of water treatment equipment and expand orders in the industrial plant sector, strengthening its business foundation and stabilizing earnings. While fulfilling social responsibilities and continuing growth, it advances the adoption of cutting-edge technologies and global collaborations.

Trivia

Interesting Facts

  • Began operations as a machinery workshop at founding and has over 100 years of history.
  • Transitioned to holding company system in 2023 to improve group management efficiency.
  • Supplies equipment to major water and sewage plants across Japan in water environment business.
  • Related companies have representative offices in Southeast Asia, Europe, and India.
  • Dehydration equipment technology receives high evaluation in the industry.
  • Former film director Eiji Tsuburaya was briefly employed in 1916.
  • Maintains unique technologies as strength in industrial equipment market with many competitors.
  • Thick social trust as a member of Sanwa Group and Midori-kai.
  • Specializes in environmental fields, contributing to sustainable society.
  • Contributes to regional revitalization through public works.
  • Technical strength in plant design across diverse industries.
  • Integrated operation of water/sewage and industrial businesses by group companies.
  • Pursues energy efficiency with heat exchange technology in environmental equipment.
  • Employee stock ownership association and client stock ownership association exist, with consideration for welfare.
  • Recently introduced AI-utilizing operation optimization system to promote energy savings.

Hidden Connections

  • As a member of Midori-kai, collaborates with companies across industries including finance.
  • Belongs to Sanwa Group, with deep business ties to former Daiwa-kai group, etc.
  • Major shareholders include major financial institutions such as Mitsubishi UFJ Bank, Daido Life, and Taiyo Life.
  • Listed on Tokyo Stock Exchange Prime Market; also listed on Osaka Securities Exchange in 1961.
  • Diverse environmental plant technologies involve transactions with major construction firms like Nittetsu Kogyo-ki and Obayashi Corporation.
  • Former subsidiary Asano Research Institute left the group via management buyout.
  • Has representative offices in Southeast Asia, India, and Europe to advance global collaboration.
  • In technology development, has collaboration track record with major machinery/heavy electrical manufacturers like Hitachi and Kobe Steel.

Future Outlook

Growth Drivers

  • Increasing demand for water treatment and waste processing due to stricter environmental regulations
  • Active introduction of energy-saving and resource-saving technologies
  • Expansion of public-private partnerships utilizing PFI and DBO businesses
  • Strengthening product and service expansion into overseas markets
  • Advancement of plant operation optimization using AI technology
  • Growing expectations for sustainable resource use and environmental conservation
  • Expansion of machinery products for diverse industries
  • Enhanced competitiveness through synergy creation among group companies
  • Increasing demand for domestic infrastructure aging countermeasures
  • Promotion of development of environmentally compatible equipment for decarbonized society
  • Cost reductions and performance improvements through technological innovation
  • Customized proposal capabilities tailored to regional characteristics

Strategic Goals

  • Advanced group strategy and business diversification under holding company
  • Achieve 30% market share in water treatment plant sector
  • Establish annual sales of energy-saving equipment exceeding 10 billion yen
  • Expand overseas business sales ratio to 20% of total
  • Increase investment in sustainable environmental technology development
  • Expand nationwide PFI/DBO business and secure new orders
  • Complete plant operation support system incorporating AI technology
  • Improve environmental compliance level of industrial waste treatment equipment
  • Continuous improvement of employee skills and safety/health environment
  • Implement environmental education programs in collaboration with local communities

Business Segments

Water Treatment Plant Construction

Overview
Handles design and construction of sludge treatment and environmental plants for water and sewage.
Competitiveness
Abundant design track record and advanced sludge processing technology.
Customers
  • Local government water and sewage operators
  • Public facility operating companies
  • Water treatment related companies
  • Environmental consulting firms
Products
  • Dehydration equipment
  • Drying equipment
  • Incineration equipment
  • Plant design
  • PFI / DBO business

Industrial Plant Construction

Overview
Designs and constructs industrial plants for chemicals, steel, food, and related fields.
Competitiveness
Versatility across multiple fields and high-quality manufacturing technology.
Customers
  • Chemical manufacturers
  • Steel companies
  • Food manufacturers
  • Energy companies
  • Industrial waste processors
Products
  • Chemical plant design
  • Vacuum equipment manufacturing
  • Environmental equipment
  • Waste treatment equipment
  • Plant installation

Machinery Manufacturing and Sales

Overview
Manufactures and sells various machinery domestically and internationally.
Competitiveness
Machinery products with high durability and energy efficiency.
Customers
  • Water treatment plant companies
  • Industrial machinery dealers
  • Export companies
  • Construction companies
Products
  • Centrifuges
  • Agitators
  • Vacuum pumps
  • Filtration devices

Maintenance and Services

Overview
Improves plant operation rates through maintenance inspections and services.
Competitiveness
Rapid response and advanced technical support.
Customers
  • Plant operating companies
  • Local governments
  • Industrial related companies
Products
  • Machinery maintenance inspections
  • Equipment operation support
  • Breakdown repairs

Environmental Consulting

Overview
Provides consulting services for environmental regulation compliance.
Competitiveness
Responses backed by specialized knowledge and extensive practical experience.
Customers
  • Local governments
  • Corporations
  • Environmental audit organizations
Products
  • Environmental impact assessment
  • Regulatory compliance support
  • Plant environmental optimization

Overseas Business Expansion

Overview
Expands water treatment and industrial plant businesses in overseas markets.
Competitiveness
Technology deployment leveraging domestic track record.
Customers
  • Overseas water treatment companies
  • Local plant operators
  • Overseas local governments
Products
  • Sludge treatment equipment
  • Environmental plant design
  • Technical support

Industrial Waste Treatment

Overview
Undertakes equipment and operations for industrial waste processing.
Competitiveness
Superior technology for reducing environmental impact.
Customers
  • Industrial waste operators
  • Local government industrial divisions
  • Recycling companies
Products
  • Incinerator equipment
  • Sorting equipment
  • Recycling systems

Parts Manufacturing and Sales

Overview
Manufactures and supplies various parts for machinery equipment.
Competitiveness
High-precision processing and responsiveness.
Customers
  • Machinery manufacturers
  • Construction companies
  • Industrial material stores
Products
  • Machinery parts
  • Vacuum equipment parts
  • Water treatment equipment parts

Energy Efficiency Solutions

Overview
Provides equipment and systems that improve energy efficiency.
Competitiveness
Integration with environmental technologies.
Customers
  • Plant operators
  • Manufacturing industry
  • Energy companies
Products
  • Heat exchangers
  • Energy-saving equipment
  • Heat pumps

Technology Licensing and Sales Agency

Overview
Engages in agency business for technology use and equipment sales.
Competitiveness
Handling capability through extensive network.
Customers
  • Domestic and overseas companies
  • Leasing companies
Products
  • Technology provision
  • Equipment sales agency

R&D Support

Overview
Provides specialized machinery and support services to research institutions.
Competitiveness
High-specialization design technology.
Customers
  • Corporate research labs
  • Universities
  • Public institutions
Products
  • Plant design research
  • Experimental machinery manufacturing

Training and Education Services

Overview
Conducts training programs to strengthen on-site technical capabilities.
Competitiveness
Instructors with extensive practical experience.
Customers
  • Group companies
  • External companies
Products
  • Technical training
  • Safety education

Competitive Advantage

Strengths

  • Abundant track record in water and sewage sludge treatment equipment
  • Diverse industrial plant design and construction capabilities
  • Sales and service network spanning domestically and overseas
  • Advanced vacuum equipment and chemical machinery technology
  • Development capabilities for environmentally compatible equipment
  • Technology collaboration system within the group
  • Stable financial base and large capital
  • Reliability backed by long history
  • Improved management efficiency through holding company system
  • Customized responses tailored to customer needs
  • Manufacturing and sales of energy-saving equipment
  • Rapid service through multi-regional deployment
  • Capability to handle wide range of industries
  • Reliability of public works order track record
  • Extensive experience in PFI and DBO businesses

Competitive Advantages

  • Product lineup specialized in dehydration and drying equipment for water and sewage
  • One-stop provision from industrial plant design and construction to maintenance
  • Possesses network of over 10 sales and factory bases domestically and overseas
  • Strengths in machinery equipment for chemical, steel, and food industries
  • Advanced plant design technology compliant with environmental regulations
  • Enhanced group business specialization through transition to holding company system
  • Risk diversification through diverse business portfolio
  • Focus on developing environmental technologies supporting sustainable society
  • Stable orders backed by strong customer base and long-term relationships
  • Fusion of public interest and private efficiency in PFI and DBO businesses
  • High in-house technology realizes long-life equipment
  • Service deployment capability tailored to regional characteristics
  • Proposal strength leveraging synergy with related subsidiaries
  • Industry-leading performance through high-efficiency dehydration devices
  • Advanced R&D system in environmental equipment field

Threats

  • Order instability due to fluctuations in public works budgets
  • Rise of competing companies in overseas markets
  • Risk of lagging behind the pace of technological innovation
  • Increased operational costs from stricter environmental regulations
  • Upward pressure on raw material prices
  • Damage to business infrastructure from natural disasters
  • Concerns over productivity decline due to labor shortages
  • Impact of exchange rate fluctuations on import/export costs
  • Decline in demand due to delays in customer equipment renewals
  • Intensified price competition from new entrants
  • Risks of cyberattacks and information leaks
  • Impact on overseas business from geopolitical tensions

Innovations

2023: Transition to Holding Company System and Organizational Restructuring

Overview
Changed name from Tsukishima Kikai to Tsukishima Holdings and implemented holding company structure.
Impact
Achieved improved business specialization and group management efficiency.

2022: Development of High-Efficiency Dehydration Technology

Overview
Practicalized new technology to improve performance of water treatment dehydration devices.
Impact
Successfully reduced energy consumption by about 15% and cut costs.

2021: Renewal of Environmentally Friendly Incineration Equipment

Overview
Strengthened exhaust gas purification technology in waste incineration plants.
Impact
Achieved both reduced environmental impact and enhanced regulatory compliance.

2024: Introduction of AI-Utilizing Plant Operation Optimization System

Overview
Achieved energy savings and improved operation rates through operation data analysis.
Impact
Contributes to 10% reduction in annual operation costs.

2020: Expansion of Overseas Bases and Strengthening of Local Production

Overview
Expanded technical support and production capacity at bases in Southeast Asia and India.
Impact
Established foundation to increase overseas sales ratio.

2023: Development of Low-Environmental-Impact Materials

Overview
Adopted new resource-saving and long-life materials for plant equipment.
Impact
Reduced maintenance costs and waste volume.

2022: Development of Energy-Saving Heat Exchanger

Overview
Introduced efficient heat recovery technology with new design.
Impact
Achieved 12% reduction in energy usage.

Sustainability

  • Promotion of energy-saving designs for water treatment plants
  • Adoption of low-emission incineration technology
  • Promotion of waste resource recycling
  • Material selection considering reduced environmental impact
  • Participation in activities to maintain sustainable water environments
  • Cooperation in regional environmental conservation projects
  • Continuous development and promotion of energy-saving equipment
  • Group-wide CO2 emission reduction targets
  • Improvement of occupational safety, health, and workplace environment
  • Strengthened compliance with environmental laws and regulations
  • Promotion of renewable energy utilization
  • Environmental education in collaboration with local communities