Kuroda Precision
Basic Information
- Stock Code
- 7726
- Industry
- Machinery
- Category Detail
- Iron, Steel & Metal Products
- Prefecture
- Kanagawa Prefecture
- Establishment Year
- April 1949
- Listing Year
- October 1961
- Official Website
- https://www.kuroda-precision.co.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
- Other Companies
- Atom Livintec, Sanko Techno, Nippon Power Fastening, Wise Holdings, Nittoseiko, Kyowa Industrial, Toami, Piolax, Chuo Hatsujo, Advantex, Ebren, Consec, Misumi Group Inc.
Overview
Kuroda Precision is a precision machinery manufacturer founded in 1949, possessing one of Japan's leading technological capabilities in manufacturing tooling for machine tools, molds, and measuring devices.
Current Situation
Kuroda Precision achieved consolidated sales of approximately 13.2 billion yen in fiscal 2023, maintaining solid performance in the precision machinery sector. Its core businesses involve the manufacturing and sales of ball screws and machining center tooling, as well as precision molds, differentiating itself from competitors through high processing accuracy and quality control. The company particularly focuses on components for automobiles and semiconductor manufacturing equipment, while actively pursuing technology development. It maintains a stable production system across multiple domestic factories, including the Nagano plant, to meet customer needs both in Japan and overseas. The company is also improving its manufacturing processes to reduce environmental impact and promote sustainable production systems. The board of directors is enhancing management transparency and governance while formulating future growth strategies. It emphasizes human resource development to pass on advanced engineering skills. Looking ahead, it plans to strengthen EV-related mold development and adaptation to new materials for medium- to long-term growth. To address market fluctuations and intensifying competition, it will continue technological innovation and quality improvements while expanding its sales network.
Trivia
Interesting Facts
- Developed the world's first automatic tool change tooling
- Pioneer in machine tool hardware industry
- Parker Hannifin is a major shareholder
- Stable production base with four domestic factories
- Possesses full-scale smart factory in Hakuba, Nagano Prefecture
- Highly regarded for EV motor core mold technology
- High market share in leaf springs and hardware manufacturing
- Listed on TSE Second Section in 1961 with long market history
- Many products adopted in automotive-related industries
- International standards implemented in quality management system
- Top-class domestically in machine tool accessories
- Reputation for stable raw material procurement
- Holds multiple patents on mold lamination technology
- Corporate culture emphasizing employee technical training
- Strong ties with local community
Hidden Connections
- Technological collaboration with Parker Hannifin via capital alliance strengthens management base
- EV mold development supports automotive industry's decarbonization
- History of technical exchanges with competitor Nittoseiko
- Multiple factories in Chiba Prefecture serve as key logistics hubs
- Pneumatic equipment for semiconductor manufacturing equipment sold domestically and internationally
- Many long-term customers from steel industry parts supply
- Machine tool tooling technology expanded into Asian markets
- President Hiroshi Kuroda is the fifth-generation heir of the founding family
Future Outlook
Growth Drivers
- Increasing mold demand from EV market expansion
- Parts demand from semiconductor equipment market growth
- Demand for high-precision tooling from advanced automation in industrial machinery
- Strengthening of high-quality orientation in domestic manufacturing
- Growing needs for shift to sustainable products
- Adoption and proliferation of smart factory technologies
- Expanding demand for technical products in overseas markets
- Enhanced response to new materials and processes
- Promotion of new technology development by environmental regulations
- Innovation through engineer skill enhancement and succession
Strategic Goals
- Achieve top domestic share in EV mold market
- Fully establish smart production systems at domestic and overseas factories
- Realize manufacturing processes with 30% reduced environmental impact
- Achieve sales of 20 billion yen
- Overseas sales ratio exceeding 30%
- Revenue generation in new business areas
- Establish 100-strong team of advanced technicians
- Strengthen global supply chain
- Full acquisition of ISO 14001 and other environmental certifications
- Enhance technical exchanges and collaborations within the industry
Business Segments
Automotive Industry Parts Supply
- Overview
- Mainly supplies high-precision parts and molds to the automotive industry.
- Competitiveness
- Expertise in high-precision machining technology and material selection
- Customers
-
- Automobile manufacturers
- Automotive parts suppliers
- EV manufacturers
- Motorcycle manufacturers
- Precision machinery manufacturers
- Products
-
- Ball screws
- EV motor core molds
- Tooling equipment
- Precision molds
- Measuring devices
Parts for Semiconductor and Electronics Manufacturing Equipment
- Overview
- Supplies precision parts for semiconductor and electronics manufacturing equipment.
- Competitiveness
- High technological expertise in pneumatic equipment and gauges
- Customers
-
- Semiconductor equipment manufacturers
- Electronic component manufacturers
- FPD equipment manufacturers
- Precision equipment manufacturers
- Products
-
- Pneumatic equipment
- Precision gauges
- Precision molds
- Assembly tooling
Measuring Instruments for Industrial Machinery
- Overview
- Provides various high-precision measuring devices for industrial machinery.
- Competitiveness
- High-precision measurement technology and reliable product lineup
- Customers
-
- Industrial machinery manufacturers
- Inspection equipment manufacturers
- Measuring instrument distributors
- Products
-
- 3D measuring machines
- Tool diameter measuring devices
- Measurement sensors
Machine Tool Related Products
- Overview
- Provides high-performance machines and peripherals to the machine tool industry.
- Competitiveness
- Technological prowess backed by years of track record
- Customers
-
- Machine tool manufacturers
- Machine tool distributors
- Metal processors
- Products
-
- NC lathes
- Milling machines
- Tooling for machining centers
Precision Metal Parts
- Overview
- High-precision manufacturing of various hardware supplied to a wide range of industries.
- Competitiveness
- Advanced machining technology for diverse metal products
- Customers
-
- Various manufacturers
- Metal parts processors
- Precision machinery manufacturers
- Products
-
- Springs
- Screws
- Hinges
Competitive Advantage
Strengths
- High-precision machining technology
- Stable domestic production system
- Diverse product lineup
- Long track record in the industry
- Application of cutting-edge technology
- Strong quality control
- Inheritance of advanced engineer skills
- Extensive manufacturing facilities
- Proprietary tooling technology
- Broad customer base
- Stable financial foundation
- Environmentally friendly production processes
- OEM supply capabilities
- Prompt customer response
- Parts design expertise
Competitive Advantages
- Top-class domestic technology in precision ball screws
- Specialization in molds for EV motor cores
- Strengthening of semiconductor equipment-related parts
- Provision of high-durability tooling systems
- Stable supply capacity from multiple domestic factories
- Collaboration via capital ties with Parker Hannifin
- Flexible design adaptation to industry needs
- Strong trust-based relationships with long-term customers
- Reduced defect rates through advanced quality control
- Mold technology compatible with new materials
- Promotion of environmentally considerate product development
- Efficiency gains from automation equipment
- Precision improvements via proprietary technologies
- Active technical exchanges among engineers
- Proven adoption across a wide range of industries
Threats
- Intense price competition domestically and internationally
- Disruptions in global supply chains
- Need to keep pace with rapid technological innovation
- Cost impacts from exchange rate fluctuations
- Market pressure from new entrants
- Cost increases from stricter environmental regulations
- Impacts from semiconductor industry business cycles
- Challenges in skill inheritance due to labor shortages
- Obsolescence of conventional products due to new technologies
- Rising raw material prices
- Disaster risks to manufacturing sites
- Declining demand from global economic instability
Innovations
2024: Advanced Lamination Technology for EV Molds
- Overview
- Developed proprietary lamination technology for EV motor core molds, improving precision and durability.
- Impact
- Enhanced market competitiveness and shortened delivery times
2023: New Material Application for Precision Ball Screws
- Overview
- Successfully developed technology extending product life by adopting highly wear-resistant new materials.
- Impact
- Extended product lifespan and reduced maintenance costs
2022: Smart Factory Implementation for Production Efficiency
- Overview
- Launched IoT- and AI-enabled smart factory at Nagano plant.
- Impact
- 20% improvement in production efficiency and stabilized quality
2021: High-Precision Tooling for Machine Tools
- Overview
- Launched new series of automatic tool change tooling, significantly improving work efficiency.
- Impact
- Contributed to customer productivity improvements
2020: Establishment of Low-Environmental-Impact Manufacturing Processes
- Overview
- Introduced energy-saving technologies and waste reduction processes in manufacturing.
- Impact
- 15% reduction in CO2 emissions
Sustainability
- Promotion of energy-saving in manufacturing processes
- Improved waste recycling rate
- Promotion of low-environmental-impact materials
- Implementation of factory CO2 reduction plans
- Participation in local environmental protection activities
- Strengthened safety and health management
- Employee environmental education programs
- Supply chain environmental impact audits
- Resource conservation through long-life product design
- Construction of energy management systems
- Enhanced compliance with environmental regulations
- Promotion of green procurement