- CEO
- Masafumi Muro
- Full Time Employees
- 1,061
- Sector
- Producer manufacturing
- Industry
- Auto parts: OEM
- Address
- 7-1 Kiyohara Industrial Park Utsunomiya Japan 321-3231
- IPO Date
- Aug 29, 1997
- Business
- Muro Corporation (7264.T) manufactures and sells precision metal and resin components primarily for the automotive sector, along with industrial equipment parts and specialized machinery. The company produces an extensive range of automotive parts including sprockets, cam pilots, gear rings, gear suns, angle sensors, gear sprockets, gear pulsars, insert gears, forged gears, rotor magnet end plates, adapters, and sprocket drives; resin parts such as plastic molded components for automobiles, cameras, medical equipment, office automation gear parts, and vinyl products; as well as other products like continuous screw tightening machines and citrus peeling machines. Operations span metal-related parts, resin-related parts, and other businesses, serving automobile manufacturers, Tier 1 and Tier 2 suppliers, with production facilities in Japan, the United States, Canada, Vietnam, Indonesia, China, and Thailand.
Founded on April 26, 1958, and headquartered at 7-1 Kiyohara Industrial Park, Utsunomiya-shi, Tochigi, Japan, Muro Corporation maintains a global footprint through 10 subsidiaries, including North Kanto Plating Inc., MCI Company Ltd., Igari Industry Co. Ltd., Muro North America Inc., Murotech Ohio Corporation, Muro Tech Vietnam Corporation, PT. Murotech Indonesia, Muro Tech Xiaogan Hubei Co. Ltd., and Muro Asia Pacific (Thailand) Co. Ltd. The company targets OEMs and parts manufacturers in the automotive and industrial sectors across Asia, North America, and Europe.
Recent developments include the acquisition of Igari Industry Co. Ltd. and its group in April 2019, enhancing metal processing capabilities; establishment of Muro Tech Xiaogan Hubei Co. Ltd. in China in October 2019; consolidation of 3MT (Thailand) Co. Ltd. as a subsidiary in June 2021; transition to the Tokyo Stock Exchange Standard Market in April 2022; multiple plants achieving IATF 16949 certification through 2023; Igari Industry adding a new north wing to its Kasama Plant and closing the Tomobe Plant in July 2024; and a merger in December 2024 where Igari Industry (Thailand) Co. Ltd. absorbed 3MT (Thailand) Co. Ltd., renaming to Muro Asia Pacific Co. Ltd.