- CEO
- Takashi Kunihara
- Full Time Employees
- 7,313
- Sector
- Electronic technology
- Industry
- Aerospace & defense
- Address
- 1-1 Shinmeiwa-cho Takarazuka HY Japan 665-8550
- IPO Date
- Aug 4, 1962
- Business
- ShinMaywa Industries, Ltd. manufactures and sells special-purpose trucks, aircraft components, parking systems, industrial machinery, environmental equipment, and fluid handling systems primarily in Japan, Asia, North America, and other international markets. Founded in 1949 and headquartered in Takarazuka, Hyogo, Japan, the company operates through five core segments offering dump trucks, refuse compactors, tailgate lifters, concrete mixers, petroleum tanks, and forestry machinery in its special-purpose truck business, which accounts for roughly half of sales; amphibious aircraft such as the US-2, aircraft parts including wing-fuselage fairings for Boeing 777, and passenger boarding bridges in its aircraft division; mechanical parking systems encompassing elevator-type, multi-storied, and underground-type configurations, which it manufactures, installs, maintains, and repairs; industrial machinery including wire processing systems for automotive and appliance wire harnesses, thin film coating systems, direct drive motors, and surface modification technologies for hardness, wear, corrosion resistance, and polishing; as well as environmental and fluid systems comprising pumps, water treatment equipment, remote monitoring systems, wastewater treatment facilities, and refuse transfer stations. The company maintains an extensive global network with subsidiaries in Taiwan, Thailand, the United States, Singapore, China, Mexico, Vietnam, and Indonesia, alongside numerous Japanese group companies such as Iwafuji Industrial, ShinMaywa Parking Technologies, and ShinMaywa Aqua Technology Service supporting manufacturing, sales, maintenance, and specialized operations. In recent developments, Taiwan ShinMaywa Industries Co., Ltd., a consolidated subsidiary, acquired an additional 60% stake in TOP QUALITY MACHINERY CO., LTD., a leading Taiwanese underground-type parking systems provider with about 20% market share, as of December 31, 2024, bringing total ownership to 70% and enabling entry into underground parking systems from January 2025 while planning full acquisition to bolster Southeast Asian expansion under the SG-Vision 2030 long-term plan; the company also integrated entities like TurboMAX, OSK, WAKO, and Flutech in prior years to strengthen fluid, truck, and vacuum businesses, and established new subsidiaries including ShinMaywa Mexico in 2020 and ShinMaywa (Asia) Vietnam in 2024.