History of Powdertech
1952 | Establishment of Hokuriku Kako Co., Ltd., in Toyama for production and R/D of iron powder and activated carbon. |
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1956 | Completion of Kashiwa Plant in Chiba. |
1957 | Successful development of steel powder by nitriding pulverization. |
1958 | Production and marketing of sponge iron made from iron ore by direct rotary kiln reduction process. |
1960 | Company was renamed Nippon Special Iron Powder Co., Ltd. Commenced trial production of spherical iron powder. |
1961 | Development of oxidization process for surface-treating iron powder. Marketing of toner carriers for electrophotography using the technology with the spherical iron powder developed in the previous year. |
1963 | Launched marketing of iron powder for powder metallurgy. |
1966 | Establishment of Nippon Iron Powder Co., Ltd., with capital of ¥100 million jointly by Mitsui Mining Smelting and Nanyu Shosha to succeed the businesses of Nippon Special Iron Powder. |
1968 | Marketing of spherical iron powder improved for facsimile machine. Volume production of iron powder, TC-24, for powder metallurgy. |
1970 | Full-scale production and marketing of iron powder for electrophotography. |
1974 | Acquisition of adjacent land (10,000m²) owned by the national government |
1975 | Develops technology to shape irregular type carrier into flat shaped carrier or spherical carrier. |
1977 | Full-scale production and marketing of iron powder for powder metallurgy with improved compressibility. |
1979 | Develops resin coated carrier and magnetized powder for electrophotography. |
1981 | Enhanced production capabilities for iron powder carrier. |
1982 | Perfected ferrite carrier for practical application. |
1984 | Completed ferrite carrier plant. Full-scale production and marketing of ferrite carrier for electrophotography. |
1985 | Added a plant site in Takahagi city, Ibaraki. |
1986 | Trial production of oxygen absorber (WonderKeep®) commenced. |
1988 | Established Powdertech Corporation, a wholly owned U.S. subsidiary after Nippon Iron Powder acquired the Titan Advanced Materials Division of Titan Corporation. |
1989 | Company was renamed Powdertech Co., Ltd., with the capital increased to ¥585 million. |
1990 | Company made public offering on the OTC(Over the Counter) stock market operated by Japan OTC Securities which was owned by Japan Securities Dealers Association. Capital increased to ¥1,557 million. |
1991 | Completed Takahagi Plant (for WonderKeep®). Established PTS, a wholly owned subsidiary. |
1995 | The carrier business was certified ISO9001. Enhanced the production capabilities for ferrite carrier. |
1996 | Perfected environmentally friendly (EF) ferrite carrier for electrophotographic application. |
1997 | Completed a plant exclusively for the EF ferrite carrier. |
2002 | Sold Powdertech Corporation, locating the carrier production in the U.S. to Kashiwa Pl6ant of the parent company. Established Powdertech International Corporation, a wholly owned U.S. subsidiary for international sales and marketing. Company wholly owned Musashi Sangyo Co., a trading house for the domestic Market. All the business units were ISO9001 certified. |
2003 |
All the business units were ISO14001 certified. Spun off the oxygen absorber business into a newly created Wonderkeep Takahagi Co., a wholly owned manufacturer of WonderKeep®. |
2004 | Company was listed on JASDAQ, a securities exchange, operated by
JASDAQ Securities Exchange Inc, which originated with Japan OTC Securities. Launched a company-wide Total Productive Maintenance (TPM). |
2005 | Enhanced the EF ferrite carrier production capability to 400 tons monthly. |
2006 | All the business units were OHSAS 18001 certified. |
2007 | Company was awarded Excellence TPM Award to finish the movement. Selected by The Ministry of Economy, Trade and Industry (METI) as one of the “300 Strongest Small-Medium Sized Enterprises”. |
2010 | As a result of acquisition of JASDAQ Securities Exchange Inc., by Osaka Security
Exchange Co., Company was listed on JASDAQ market operated by Osaka Security Exchange. As a result of smaller stock markets integration by Osaka Security Exchange, Company was listed on its Standard Section on JASDAQ market. Acquired an adjacent plant site (9,000m²). |
2013 | Due to creation of Japan Exchange Group (JPX) from the merger of the Tokyo Stock Exchange group and Osaka Securities Exchange Co., Company was listed on JASDAQ Standard Section operated by Tokyo Stock Exchange Inc., owned by JPX. |
2014 | Company absorbed by merger Musashi Sangyo Co., a wholly owned domestic sales arm. |
2015 | Completed a new plant to further enhance production capabilities for EF carrier on the adjacent site acquired in 2010. |
2016 | Marks the 50th anniversary of the founding of Powdertech. |
2017 | Exceeds sales of 10 billion yen. (FY2017) Changes the number of shares per share unit from 1,000 to 100, and consolidates its common shares on basis of one for every five shares. Selected by METI as one of the “Companies Driving Regional Growth”. |
2020 | Selected by METI as one of the “Global Niche Top Companies Selection 100 in FY2020”. |
2022 | PTS,non-consolidated wholly-owned subsidiary, is dissolved and Powdertech takes over all operations. Transferred to the Standard Market on the Tokyo Stock Exchange following a market segments restructuring by Tokyo Exchange Market, Inc. Withdrawal from iron powder sales business. |
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About Powdertech
History of Powdertech