Tensho Electric Industry
Basic Information
- Stock Code
- 6776
- Industry
- Chemicals
- Category Detail
- Chemicals & Chemical Products
- Prefecture
- Tokyo
- Establishment Year
- September 1940
- Listing Year
- October 1961
- Official Website
- https://www.tensho-plastic.co.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
- Other Companies
- Sekisui Chemical Products Industry, Tigers Polymer, Mirial, Morio Electric, Emplas, Sanko Gosei, Sanko Industries, Muto Seiko, Tenma, Shin-Etsu Polymer, Nifco, Daiun, Parker Corporation
Overview
Tensho Electric Industry is a mid-sized company in the chemical industry founded in 1940, with its mainstays being the manufacture of molded products for low-voltage electronics and plastic containers, as well as mold making and real estate leasing as a diversified enterprise.
Current Situation
Tensho Electric Industry's main business is the manufacture of plastic molded products and containers for the low-voltage sector, maintaining a stable revenue base. It has strengths in advanced mold technology for synthetic chemical products and promotes product development to meet diverse customer needs. It diversifies income through real estate leasing while striving to strengthen market competitiveness. It has also entered the industrial materials and automotive parts sectors, dispersing risk through multifaceted business development. In recent years, it has focused on improving manufacturing process efficiency and reducing environmental impact. Amid intensifying industry competition, it aims to maintain and expand market share through quality improvements and enhanced customer responsiveness. Finances are solid, maintaining stable cash flow, and as a long-term growth strategy, it is exploring new product development and business partnerships. It has established a flexible management system considering market fluctuation risks and pursues sustainable enhancement of corporate value.
Trivia
Interesting Facts
- Established plastic manufacturing company from 1940
- Mid-sized industry player headquartered in Tokyo
- Pioneer in molded products for low-voltage electronics
- Reputation for mold manufacturing technology
- Specialist manufacturer of foamed plastic containers
- Diversifies income through real estate leasing
- Wide range of industrial plastic products
- Entered the automotive parts market
- ISO-certified manufacturing quality control system
- Maintains long-term transaction relationships with customers
- Unique in manufacturing industrial belts and nets
- Engages in contributions to local Tokyo community
- Precision molding technology highly regarded
- Focuses on product development for low-voltage industry
- Expanding online sales channels
Hidden Connections
- Maintains long-term collaborative relationships with multiple major low-voltage related companies
- Has joint development track record with some automotive parts manufacturers
- Strengthened technology development utilizing Tokyo's industrial support programs
- Promoting research projects on molding technology in collaboration with local universities
- Considering capital and business alliance with related company Sanko Industries
- Member of core association in domestic plastic molding industry
- Numerous transaction records with local SMEs in real estate leasing
- Holds numerous related patents to secure technological superiority
Future Outlook
Growth Drivers
- Increasing demand for industrial plastic parts
- Diversification of parts due to advancement of electronics market
- Growing demand for environmentally compatible parts in automotive industry
- Product development responding to stricter environmental regulations
- Production efficiency improvements through IoT and smart manufacturing
- Stabilization of real estate leasing revenue base
- Brisk capital investment due to recovery in domestic and international manufacturing
- Ongoing investment in high-precision molded product technology
- Response to increasing custom needs from customers
- New customer development through strengthened digital marketing
- Adaptation to waste reduction and recycling promotion initiatives
- Enhanced product competitiveness through new material introduction
Strategic Goals
- Achieve 50% sales ratio of environmentally friendly products
- Multifaceted product deployment exceeding 20 billion yen in sales
- Maintain top-class domestic manufacturing technology
- Gradual expansion into overseas markets
- Complete energy-saving transformation of entire production lines
- Qualitative strengthening of B2B customer base
- Establishment of IoT technology utilization in product development
- Construction of sustainable management system
- Stable growth in real estate leasing business
- Promotion of employee technical development and diversity
Business Segments
Electronic Device Parts Manufacturing
- Overview
- Provides high-quality plastic parts and molds to the electronics industry.
- Competitiveness
- Advanced molding technology and mold design capabilities
- Customers
-
- Low-voltage device manufacturers
- Smart device companies
- Electronic board manufacturers
- Electrical machinery manufacturers
- Home appliance manufacturers
- Products
-
- High-precision molded plastic parts
- Cases for electronic devices
- Insulating materials
- Precision molds
- Parts assembly
Automotive Parts Manufacturing
- Overview
- Provides interior and exterior parts for automobiles, pursuing safety and durability.
- Competitiveness
- Advanced heat- and impact-resistant molding technology
- Customers
-
- Automobile manufacturers
- Automotive parts suppliers
- Automotive interior manufacturers
- Secondary processors
- OEM companies
- Products
-
- Plastic interior and exterior parts
- Dashboard parts
- Seat frame parts
- Safety parts (airbag-related)
- Molding and bumper parts
Packaging Materials Supply
- Overview
- Provides high shock-absorbing foamed packaging products to various industries.
- Competitiveness
- Development capabilities for environmentally friendly materials
- Customers
-
- Food manufacturers
- Electronic device manufacturers
- Logistics companies
- Manufacturers
- Distributors
- Products
-
- Foamed plastic trays
- Cushioning materials
- Foamed cases
- Lightweight packaging materials
- Special foamed sheets
Precision Mold Manufacturing
- Overview
- Supports molding of various products through high-quality mold manufacturing.
- Competitiveness
- In-house production from design to mass production
- Customers
-
- Molding manufacturers
- Automotive parts manufacturers
- Home appliance manufacturers
- Electronic parts manufacturers
- Industrial manufacturers
- Products
-
- High-precision plastic molding molds
- Multi-function molds
- Mass-production molds
- Prototype molds
- Special processing molds
Industrial Components Supply
- Overview
- Supplies highly durable components to various industries.
- Competitiveness
- Wide product lineup and high durability
- Customers
-
- Industrial machinery manufacturers
- Construction machinery manufacturers
- Logistics equipment manufacturers
- Industrial plastic parts manufacturers
- Manufacturers
- Products
-
- Conveyor nets
- Reinforced plastic belts
- Foamed plastic products
- Special resin components
- Industrial plastic parts
Real Estate Leasing Business
- Overview
- Provides real estate leasing services mainly in central Tokyo.
- Competitiveness
- Provides a stable income base
- Customers
-
- Commercial facility operators
- Office-using companies
- Logistics-related businesses
- Office users
- Local companies
- Products
-
- Leased offices
- Warehouse space
- Commercial space
- Industrial facilities
- Parking facilities
Competitive Advantage
Strengths
- High-precision plastic molding technology
- Diverse product lineup
- Skilled mold manufacturing technology
- Long history and track record
- Stable financial base
- Multifaceted business development
- Custom response capabilities for customers
- Strong client network
- Location in central Tokyo
- High heat and impact resistance of products
- Environmentally friendly product development
- Revenue diversification through real estate leasing
- Continuous product technology improvements
- Flexible manufacturing line operations
- Comprehensive quality control system
Competitive Advantages
- Established position in the industry for low-voltage molded products
- Risk diversification through product deployment in multiple industries
- Abundant mold design and manufacturing know-how
- Strong relationships with long-term clients
- Continuous investment capability based on stable finances
- Prompt response due to base near Tokyo
- Promotion of product development based on environmental awareness
- Focus on proprietary development of high-performance materials
- Strengths maintained across diverse sales channels
- Flexible product response to customer needs
- Accumulated manufacturing technology over many years
- Bidirectional strengthening of revenue base through real estate business
- Comprehensive after-sales service system
- Improved management stability through diversification
- High customer support quality
Threats
- Price declines due to intensifying competition in the low-voltage industry
- Risk of raw material price fluctuations
- Competitive pressure from overseas manufacturers
- Cost increases due to stricter environmental regulations
- Decline in competitiveness from delayed technological innovation
- Increase in new entrants
- Decline in manufacturing efficiency due to labor shortages
- Risk of profit deterioration from exchange rate fluctuations
- Sudden changes in customer demand
- Risk of reduced demand or withdrawal from major clients
- Damage to production bases from natural disasters
- Supply chain instability
Innovations
2024: Development of Environmentally Friendly Plastic Products
- Overview
- Developed new molded products using biodegradable materials to reduce environmental impact.
- Impact
- Improved environmental suitability of products, contributing to acquisition of new customers
2023: Introduction of Energy-Saving Production Lines
- Overview
- Introduced new energy-saving machinery to reduce energy consumption in manufacturing plants.
- Impact
- Reduced annual CO2 emissions by 20% and lowered operating costs
2022: Adoption of High Heat-Resistant Plastic Materials
- Overview
- Utilized new materials for automotive parts to significantly improve product heat resistance.
- Impact
- Contributed to strengthening market competitiveness
2021: IoT-Based Manufacturing Process Management System
- Overview
- Achieved improved production line efficiency and enhanced quality control.
- Impact
- Improved yield and reduced defect rate by 15%
2020: Establishment of Lightweight Molding Technology
- Overview
- Established mass-production technology for lightweight molded parts while maintaining strength.
- Impact
- Led to increased demand from the automotive industry
Sustainability
- Promotion of biodegradable plastic product development
- Energy-saving and CO2 emission reduction measures at factories
- Strengthened recycling of waste materials
- Establishment of green procurement standards
- Thorough compliance with environmental laws and employee education
- Expansion of lineup of low-environmental-impact products
- Active participation in local environmental protection activities
- Construction of production management system balancing quality and safety
- Environmentally friendly management of real estate leasing business
- Acquisition and maintenance of environmental certifications