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A history of responding to customer needs and market changes

Elematec Corporation was established through a merger between Takachiho Electric and Ohnishi Denki. Since the founding of Takachiho Electric in 1947, we have been our customers' manufacturing partner. Based on a broad sales foundation and a network of more than 73 bases in Japan and overseas, in addition to the on-site capabilities cultivated through more than 75 years of history and achievements, we continue to evolve as an "integrated service company" that meets customer needs with high value-added business proposals through collaboration among sales, technology, development, quality, and processing plants.

We can provide precisely the products, information, and services that our clients want. This is why Elematec is chosen by its clients. We will continue to strive for further growth by quickly identifying and responding to changes in society and growth areas.

1940s - 1960s

Establishment

Needs of society

Increased demand for electricity due to postwar reconstruction

Popularization of consumer durables such as the so-called three sacred treasures (refrigerator, washing machine, black-and-white TV)

The Company initially sold electrical insulating materials to the heavy electric machinery industry to address postwar reconstruction demand. After the period of rapid economic growth, it expanded its product line to consumer products, such as home appliances and computers.

  • 1942

    Takachiho Koki is established

    Established in Maebashi City, Gunma Prefecture

  • 1945

    Takachiho Works is founded

    Founded as an electric insulation materials trading company in Shiba, Minato-ku, Tokyo

  • 1947

    Takachiho Electric is established

    Reorganized into a corporation and established under the trade name of Takachiho Electric Co. Ltd.

1970s - 1990s

Overseas expansion

Needs of society

Increased intensive investment in overseas local production by Japanese companies

Rising production costs in Japan and the sharp appreciation of the yen led to a significant rise in foreign direct investment by Japanese companies. In response to this trend, we expanded our overseas offices, focusing on Asia starting with Singapore, to provide prompt and smooth communication and services regardless of time differences and language barriers.

  • 1979

    Singapore Office established (currently Elematec Singapore (Pte.) Ltd.)

    Established to expand sales to Japanese companies operating overseas, mainly in Southeast Asia

  • 1994

    Hong Kong Office established (currently Elematec Hong Kong Limited)

  • 1998

    Philippines Office established

  • 1999

    Taipei Office established

2000s

Listing and change of company name to Elematec

Needs of society

Popularization of mobile phones and switch to digital terrestrial broadcasting

We focused on sales of related products in response the spread of mobile phones through the launch of Internet access services and increased replacement demand for TVs following the switch to terrestrial digital broadcasting. In addition, sales of high value-added customized products and improved creditworthiness due to a public listing contributed to sales of 50 billion yen in FY2000 and topped 100 billion yen in FY2007.

  • 2001

    Achieved sales of 50 billion yen

  • 2002

    Listed on JASDAQ

  • 2003

    Established Dalian Takachiho Electronics Co., Ltd. (currently Elematec Electronics (Dalian) Co., Ltd.)

    Established an in-house factory for processing, such as mounting components on circuit boards (electronic circuits)

    Listed on Tokyo Stock Exchange Second Section

  • 2005

    Listed on Tokyo Stock Exchange First Section

    Established Wuxi Takachiho Technology Co., Ltd. (currently Elematec Wuxi Technology Co., Ltd.)

    Established own factory for silk-screen printing, cutting, and assembly of plastic plates

  • 2006

    Takachiho USA inc. (currently Elematec USA Corporation) and Takachiho Czech S.R.O. (currently Elematec Europe S.R.O.) established

    Establishment of first bases in Europe and the United States

  • 2008

    Achieved sales of 100 billion yen

  • 2009

    Takachiho Electric and Onishi Denki merged and changed their trade name to Elematec.

    Onishi Denki: An electrical insulation materials trading company established in Kyoto in 1958 Strengthen presence in Kyoto area by merging with a company that handled insulating materials and was strong in the gaming equipment and electronic components industries.

2010s

Capital and business alliance with Toyota Tsusho Corporation

Needs of society

Rapid diffusion of smartphones/Entering a period of automotive transformation

Smartphones rapidly become popular and pervasive in people's lives. Furthermore, countries are strengthening environmental regulations in response to growing global environmental awareness. To address this trend, automakers are promoting CASE initiatives, and the use of electronics in automobiles is advancing. Elematec grew sales of smartphone-related products by swiftly responding to such technological innovations. At the same time, the Company expanded its business by entering into a capital and business alliance agreement with Toyota Tsusho to strengthen its business in the automotive industry. Achieved 200 billion yen in sales in 2016.

  • 2012

    Became a member of the Toyota Tsusho Group

    Elematec joined the Toyota Tsusho Group to strengthen sales activities in the automotive field, expand global operations quickly and efficiently, improve efficiency and reduce costs through coordination of distribution networks, and develop its organization through inter-group personnel exchanges.

  • 2014

    Acquired Tomuki Corporation in an absorption-style merger

    Expanded business into the industrial equipment industry

  • 2015

    Took over business of selling safety equipment to truck industry

    Expanded business for large vehicles

  • 2016

    Sales of 200 billion yen

2020s

Transitioned to the Prime Market of the Tokyo Stock Exchange/Achieved record earnings

Needs of society

Dramatic changes in lifestyle due to the COVID-19 pandemic/Progress in the advance of CASE in the auto industry

The rapid spread of online tools due to the COVID-19 pandemic and the increasing advancement of CASE in the auto industry have led to an expansion of electronics-related demand in all areas. By leveraging synergies with the Toyota Tsusho Group and expanding sales of automotive and game console-related products, Elematec achieved record-high revenue and profit in FY2022.

  • 2022

    Shin-Yokohama Lab established

    Gained in-house reliability testing and analysis equipment essential for product development as part of investment in growth strategy

    Transitioned to the Prime Market of the Tokyo Stock Exchange

  • 2023

    Achieved record high in revenue (239.8 billion yen)

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