Corporate information
Corporate Profile
1928-1995
- May 1928
- Founder Tomikichi Kontani establishes Teikoku Cutter Seisakusho in Osaka.
Starts manufacturing milling cutters.
- September 1933
- Reorganizes into a joint-stock company and establishes Nippon Tool Manufacturing Co., Ltd. with the head office in Osaka.
- October 1939
- Absorbs the domestic tool research institute.
- June 1940
- Acquires all business operations of Aichi Precision Tool Manufacturing Co., Ltd.
- July 1954
- Receives permission to display Japanese Industrial Standards (JIS B4220) from the Minister of International Trade and Industry.
- February 1959
- Starts over-the-counter trading after being designated as a stock approved for over-the-counter trading by the Osaka Securities Association.
- February 1961
- Concludes a business alliance with Hitachi Metals, Ltd. for the purpose of mutual prosperity.
- September 1961
- Listed on the second section of the Osaka Stock Exchange.
- March 1962
- Listed on the Second Section of the Tokyo Stock Exchange.
- September 1962
- Increases capital by 120 million yen, resulting in capital of 320 million yen.
- November 1968
- Capital increases to 360 million yen with a capital increase of 40 million yen.
- November 1973
- Establishes Nichiwa Shoji Co., Ltd.
- January 1981
- Increases capital by 160 million yen to 660 million yen.
- December 1981
- Becomes a subsidiary of Hitachi Metals, Ltd.
- April 1983
- Establishes EC TOOL GmbH (currently a consolidated subsidiary) in West Germany.
- November 1983
- Establishes Moka Factory (Tochigi Prefecture) and starts operation.
- October 1987
- Merges with Hitachi Choukou Co., Ltd. (capital: 600 million yen), resulting in a capital of 1,260 million yen.
At the same time, the trade name is changed to Hitachi Tool Co., Ltd., and the head office is moved to Koto-ku, Tokyo.
- December 1989
- Issues the 1st collateralized convertible bonds of 3,500 million yen.
- April 1993
- Establishes Sun Tool Tech Co., Ltd., Chubu Nichiwa Shoji Co., Ltd., and Kyushu Sun Tool Co., Ltd.
- November 1993
- Establishes Yasu Factory (Shiga Prefecture) and started operations.
- October 1994
- Establishes Osaka Sun Tool Co., Ltd.
- December 1994
- Moved Moka Plant (Tochigi prefecture) to Yasu Plant (Shiga prefecture).
1996-2000
- August 1996
- With the completion of the third phase of construction at the Yasu Plant, End Mill manufacturing is consolidated and the Osaka Factory is renamed BC Center.
- October 1997
- Drill manufacturer Uozu Seisakusho Co., Ltd. (Capital: 203 million yen, Uozu Plant), Yoneda Tools Co., Ltd. (Capital: 50 million yen), and Kyushu Yoneda Co., Ltd. (Capital: 20 million yen, Nakatsu Plant) Merges three companies and increases capital to 1,455 million yen.
- October 1999
- Nichiwa Shoji Co., Ltd. merges Chubu Nichiwa Shoji Co., Ltd., Osaka Sun Tool Co., Ltd., and Kyushu Sun Tool Co., Ltd.
- September 2000
- Listed on the first section of the Tokyo Stock Exchange and the Osaka Stock Exchange.
- September 2000
- Nichiwa Shoji Co., Ltd. merges Sun Tool Tech Co., Ltd. and changes the trade name to Tool Tech Co., Ltd.
2001-2010
- August 2002
- BC Center (Osaka City) is consolidated and relocated to Yasu Plant.
Drill manufacturing is consolidated at the Uozu Plant (Toyama Prefecture), and the name of the Nakatsu Plant (Oita Prefecture) is changed to Nakatsu T Center.
- February 2005
- Establishes overseas consolidated subsidiary Hitachi Cutlery (Shanghai) Co., Ltd. in China.
- January 2008
- Merger with Tool Tech Co., Ltd.
- March 2009
- Establishes Fundamental Technology Research Center and Matsue Surface Modification Center (Shimane Prefecture).
Nakatsu T Center (Oita Prefecture) is consolidated and relocated to the Narita Plant (Chiba Prefecture).
- July 2009
- The Uozu Plant (Toyama Prefecture) is consolidated and moves to the Yasu Plant (Shiga Prefecture).
Headquarters moves to Minato-ku, Tokyo.
2011-
- November 2012
- Becomes a wholly owned subsidiary of Hitachi Metals, Ltd.
Delisted from Tokyo Stock Exchange and Osaka Stock Exchange.
- April 2015
- Become a subsidiary of Mitsubishi Materials Corporation and changes the name to Mitsubishi Hitachi Tool Engineering, Ltd.
- May 2017
- Establishes new brand "MOLDINO".
- April 2020
- Becomes a wholly owned subsidiary of Mitsubishi Materials Corporation and changes the name to MOLDINO Tool Engineering, Ltd.
- October 2020
- Uozu Plant (Toyama Prefecture) resumes operations.
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