MISUMI Group Inc.
Basic Information
- Stock Code
- 9962
- Industry
- Wholesale
- Category Detail
- Iron, Steel & Metal Products
- Prefecture
- Tokyo
- Establishment Year
- February 1963
- Listing Year
- January 1994
- Official Website
- https://www.misumi.co.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
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Overview
MISUMI Group Inc. is a leading wholesaler of machined products founded in 1963, operating as a holding company with a global presence focused on FA components and mold parts.
Current Situation
MISUMI Group Inc. recorded consolidated sales of approximately ¥402 billion and operating profit of approximately ¥46.5 billion for the fiscal year ending March 2025, demonstrating strengths in parts distribution for domestic and international manufacturing industries. Its core FA and mold parts businesses support efficiency at manufacturing sites, with active collaboration with other brands. Overseas expansion continues with numerous local subsidiaries in Asia, North America, and Europe. Logistics and distribution centers have enabled a highly efficient supply chain. Recently, the digital parts procurement service meviy has been launched in North America to build a next-generation procurement platform. Sustainability efforts focus on improving production efficiency and reducing environmental impact. Moving forward, it aims for sustainable growth through support for digital transformation (DX) in global manufacturing and diversified business expansion. Competitive advantages are maintained via technological innovation, expanded product assortments, and strengthened customer-centric services.
Trivia
Interesting Facts
- Founder Hiroshi Taguchi named the company inspired by major trading houses.
- Pioneered the market in 1977 by launching a standard parts catalog for press dies.
- Established numerous local subsidiaries worldwide to drive global expansion.
- Introduced digital innovation to the industry with the launch of meviy service.
- Enhanced management efficiency and group collaboration through holding company transition.
- Realizes production site efficiency with rapid FA parts supply.
- Strengthened transportation capacity by establishing multiple logistics centers mainly in Asia.
- Subsidiary Suruga Seiki handles high-precision mechanical parts manufacturing.
- Provides products to manufacturing sites across a wide range of industries domestically and internationally.
- Focuses on technological innovation and sustainability across multiple sectors.
- Holds significant national market share in die parts field.
- Popularized its unique standard parts catalog throughout the industry.
- Entered the North American market with meviy in 2022.
- Customization capabilities to meet diverse customer needs as a key strength.
- Listed on the Tokyo Stock Exchange Prime Market with high credibility.
Hidden Connections
- Founder Hiroshi Taguchi drew inspiration for the company name from major trading houses 'Mitsui,' 'Mitsubishi,' and 'Sumitomo.'
- Deeply involved in the FA equipment supply chain via subsidiaries and affiliates.
- Integrated operations from production to sales in collaboration with overseas manufacturing subsidiaries.
- Proposes a digital procurement revolution to the North American manufacturing industry through meviy.
- Member of numerous industry associations, contributing to industry standard formation.
- Leads the trend toward multi-variety, small-lot procurement in the manufacturing industry.
- Enhances competitiveness through multifaceted manufacturing, distribution, and sales within the group.
- Global supply system via linkage of domestic logistics network and overseas bases.
Future Outlook
Growth Drivers
- Increased FA parts demand accompanying DX in manufacturing
- Further expansion of global manufacturing network
- Widespread adoption of digital procurement platform
- Promotion of shift to sustainable manufacturing processes
- Rapid growth in mechanical parts demand in emerging markets
- Product high-value addition through technological innovation
- Global proliferation of production automation and robotization
- Rapid response to diversifying customer needs
- Growing demand for environmentally compliant parts amid stricter regulations
- Promotion of smart factory support using IoT
- Expansion of online sales channels
- Market entry into diverse industrial sectors
Strategic Goals
- Expand global sales to the 1 trillion yen scale
- Grow meviy into the world's top digital procurement platform
- Achieve carbon neutrality across all businesses
- Convert 30% of product lineup to environmentally friendly types
- Promote diversity and inclusion within the group
- Leadership in sustainable procurement standards in industry
- Implementation and efficiency of advanced logistics
- Maintain R&D investment at over 5% of sales
- Achieve customer satisfaction of 97% or higher
- Establish group workforce of 15,000 employees
Business Segments
Factory Automation Parts Sales
- Overview
- Business supplying FA parts to manufacturing industries across a wide range of sectors.
- Competitiveness
- Rapid supply achieved through extensive product assortment and global logistics.
- Customers
-
- Automotive Manufacturers
- Electronics Manufacturers
- Machine Tool Manufacturers
- Industrial Machinery Manufacturers
- Heavy Industry Companies
- Medical Device Manufacturers
- Aerospace Industry
- Robot Manufacturers
- Food Processing Manufacturers
- Logistics Equipment Manufacturers
- Products
-
- Bearings
- Linear Guides
- Clamp Parts
- Servo Motor Parts
- Sensor Parts
- Robot Cables
- Hydraulic Equipment Parts
- Control Device Parts
- FA Electrical Wiring Connection Parts
- Machining Jigs
Die Parts Manufacturing and Sales
- Overview
- Manufactures and sells high-quality products centered on precision die parts.
- Competitiveness
- High-precision product provision through technological expertise and production management.
- Customers
-
- Press Processing Manufacturers
- Plastic Molding Manufacturers
- Die Manufacturers
- Automotive Parts Manufacturers
- Electronic Parts Manufacturers
- Home Appliance Manufacturers
- Medical Device Parts Manufacturing
- Aerospace-Related Manufacturers
- Metal Processing Companies
- Precision Equipment Manufacturers
- Products
-
- Press Die Parts
- Plastic Mold Parts
- Precision Mechanical Parts
- Cutting Tools
- Tools & Consumables
Digital Parts Procurement Service
- Overview
- Deploys digital parts procurement services supporting Industry 4.0.
- Competitiveness
- Online instant response and multi-variety対応 capability.
- Customers
-
- North American Manufacturers
- Asian Manufacturers
- European Industrial Companies
- Electronics Manufacturers
- Vehicle Assembly Manufacturers
- Robot Industry
- Medical Device Industry
- Precision Machinery Companies
- Tool Manufacturers
- Distributors
- Products
-
- meviy Platform
- Online Parts Ordering System
- Custom Parts Procurement
- Instant Quotes & Orders
Other Companies' Brand Product Handling Business
- Overview
- Comprehensive sales of diverse other companies' brand products.
- Competitiveness
- Addresses a wide range of needs by handling multiple brands.
- Customers
-
- Manufacturers
- Sales Agents
- Service Providers
- Research Institutions
- Products
-
- Tools
- Transmission Equipment
- Electronic Components
- Various Mechanical Parts
Competitive Advantage
Strengths
- Extensive product lineup
- Highly efficient global logistics network
- Strong technology and manufacturing know-how
- Digital procurement platform
- Global sales and production bases
- Strong customer base
- Management efficiency via holding company structure
- High customization capability
- Comprehensive product catalog
- High-quality product provision
- Ongoing technological innovation
- Stable financial foundation
- High brand recognition
- Multinational workforce
- Rapid customer service
Competitive Advantages
- Industry leadership in FA and die parts sectors
- Convenience of one-stop procurement for diverse products
- Deployment of advanced online procurement service meviy
- Global logistics bases and delivery systems
- Strengthened product supply through subsidiary collaboration
- Robust customer support system
- Technological capability for rapid customization
- Broad customer base spanning multiple industries
- Reliability fostering long-term transactions
- Efficient production system via latest technology adoption
- Numerous local subsidiaries worldwide
- Track record in OEM parts supply
- Sustainable manufacturing processes
- Industry-largest product catalog
- Extensive partnerships with related companies
Threats
- Impact of global semiconductor shortages
- International trade friction and tariff risks
- Competitors' pace of technological innovation
- Fluctuations in raw material prices
- Exchange rate instability
- Political risks in emerging markets
- Global logistics delay risks
- Supply chain disruption risks
- Increase in new market entrants
- Diversification of customer procurement needs
- Delays in adapting to changes in technical standards
- Cybersecurity risks
Innovations
2022: meviy North America Business Launch
- Overview
- Launched the digital parts procurement service meviy in the North American market.
- Impact
- Contributes to customer base expansion and sales growth in North America.
2021: Digital Procurement Platform Enhancement
- Overview
- Expanded functions of the online parts ordering and quoting system.
- Impact
- Achieved improved customer convenience and order processing efficiency.
2023: Advancement of Logistics Center Automation
- Overview
- Opened the Chubu Distribution Center in Inazawa City, Aichi Prefecture, and promoted automation.
- Impact
- Improved logistics efficiency by 20% and contributed to shorter delivery times.
2020: Strengthening Overseas Local Production
- Overview
- Enhanced production capacity at the Nantong factory in China and the 4th factory in Vietnam.
- Impact
- Succeeded in stabilizing supply and improving cost competitiveness.
2024: Digitalization of FA Parts Manufacturing Processes
- Overview
- Efficiency improvement in manufacturing lines and strengthened quality control using IoT.
- Impact
- Achieved reduction in defect rates and productivity improvements.
Sustainability
- Energy-saving measures to reduce environmental impact in manufacturing processes
- Project to improve recycling rate of packaging materials
- Strengthening compliance with environmental and social standards in the supply chain
- CO2 emissions reduction through green logistics promotion
- Formulation and implementation of sustainable resource procurement policy
- Employee environmental awareness training programs
- Participation in environmental conservation activities with local communities
- Waste reduction and reuse promotion programs
- Promotion of safe and sustainable product design
- Strengthened management system based on ESG metrics