History

Achieving Further Growth by Returning to Our Core Competence of Manufacturing

Established in 1979 as TOWA Precision Industries Limited, we have made a significant contribution to the development of the industry by creating and proposing numerous new technologies.
To develop more de facto standards in the industry, we will return to our core competence of “high-precision molding-related technologies” and “manufacturing” with the aim of achieving further growth.

1979 1980-19891990-19992000-20092010-

1979

April
With an initial group of 30 employees, Kazuhiko Bandoh established TOWA Precision Industries Limited with the main business objectives of manufacturing and marketing “precision molds” and “semiconductor manufacturing equipment.”(April 17, 1979)
The company commenced production at a temporary factory in Yawata-shi, Kyoto and opens the Tokyo Office at the same time.

1980

February
The company succeeded in the trial production of the world's first fully automatic mold packaging system based on the multi-plunger mold design, opening the way for the mass production of high-quality semiconductor devices.

1986

May
The company established the TOWA Research & Development Center.

1987

February
Our founder Kazuhiko Bandoh received the "Invention Grand Award" (Shirai Invention Prize) from the Japan Society for the Advancement of Inventions and the Nikkankogyo Shimbun for his invention of the multi-plunger molding system.

1988

July
The company established TOWA Singapore Mfg. Pte. Ltd. as a subsidiary.

 

December
The company relocated its headquarters facility to 122-2 Megawa, Makishima-cho, Uji-shi, Kyoto and changed its corporate name from TOWAPrecision Industries Limited to TOWA Corporation.

1989

December
The company registered its corporate symbol as a Japan trademark.

1990

March
The company acquired 53.7% of the shares of Meiwa Seiko Corporation (now TOWATEC Co., Ltd.), making it a subsidiary.

1991

March
The company established the Kyoto East Plant in Ujitawara Industrial Park in Kyoto. (All work completed in June 1992.)

The company acquired ownership of BANDICK Corporation, making it a subsidiary.

April
The company acquired 100% ownership of Micro Component Technology Malaysia Sdn. Bhd. (now TOWAM Sdn. Bhd.), making it a subsidiary.
 

1993

November
The company established TOWA Korea (name changed to SECRON Co., Ltd. in November 2002) as a joint venture with Samsung Electronics and Hanyang Technology. (The venture was dissolved in July 2011.)

1994

November
The company participated in the capitalization of Korean subsidiary company Tongjin.

1995

July
The company established TOWA AMERICA,Inc. and acquired ownership of Intercon Tools,Inc.(same year in September)

September
The company founded STK Foundry Limited in Suzhou, China as a joint venture.

1996

September
TOWA Corporation was listed on the Kyoto Stock Exchange and the Second Section of the Osaka Securities Exchange.

1998

March
Construction of new Headquarters/Factory at 5 Kamitoba Kamichoshi-cho, Minami-ku, Kyoto-shi was completed, and the company relocated its operations to the new facility.

April
Our founder Kazuhiko Bandoh received the Science and Technology Agency Director-General Award for the invention of the multi-plunger mold design.

October
The company established TOWA-Jipal Technologies Co., Ltd. in Taiwan as a joint venture with Jipal Corporation (Taiwan).

December
Headquarters/Factory and Kyoto East Plant obtained ISO 9001 certification.

The company established the Kyushu Factory (now Kyushu Work) at North Tosu Kyuryo Shintoshi (a new urban area on the hill to the north of Tosu), Tosu-shi, Saga.

1999

April
The company established SSERC Co., Ltd. as a joint venture with Dainippon Screen Mfg. Co., Ltd. and Horiba Limited.

May
Our founder Kazuhiko Bandoh received the Medal with Yellow Ribbon for his research and development on molding molds and invention of the multi-plunger mold design.

2000

March
Kyusyu Factory (now Kyushu Work) obtained ISO 9001 certification.

September
The company was listed on the First Section of the Osaka Securities Exchange.

November
The company was listed on the First Section of the Tokyo Stock Exchange.

2001

March
The Headquarters/Factory obtained ISO 14001 certification.

May
TOWAM Sdn. Bhd. obtained ISO 9001 certification.

October
The company established TOWA (Shanghai) Co., Ltd. in Shanghai, China.

2002

March
Kyoto East Plant, Kyushu Work and Tokyo Office (now Tokyo Sales Office) obtained ISO 14001 certification.

May
Our founder Kazuhiko Bandoh took up the post of Chairman of the Japan Institute of Invention and Innovation, Kyoto.

TOWAM Sdn.Bhd. obtained ISO 14001 certification.

 

June
The company established TOWA (Suzhou) Co., Ltd. in Suzhou, China.
 

September
The company took a stake in Shanghai Sodick Software Co., Ltd., a joint venture established in Shanghai, China.

2004

January
The company established TOWA Taiwan Co., Ltd. in Hsinchu, Taiwan.

March
The company established TOWA Asia-Pacific Pte. Ltd. in Singapore.

May
The company established TOWA Semiconductor Equipment Philippines Corporation in Laguna, the Philippines.

2006

April
The company established TOWA Services Corporation.

2013

January
The company established TOWA USA Corporation in California, U.S.A.

April
The company established TOWA Korea Co., Ltd. in Seoul, Korea.

October
The company established TOWA Europe B.V. in Duiven, the Netherlands.

2014

July
Our founder Kazuhiko Bandoh received The Order of the Rising Sun, Gold Rays with Rosette for his invention of the multi-plunger mold design and the module method, which made a significant contribution to the development of the semiconductor industry.

2015

October
TOWA Korea Co., Ltd. acquired the molding business of SEMES Co., Ltd.

2018

August
The company acquired ownership of OMRON LASERFRONT INC.(now TOWA LASERFRONT CORPORATION), making it a subsidiary.

October
The company established TOWA (Nantong) Co., Ltd. in Nantong, China and it acquired the molds manufacturing business of Kinergy EMS (Nantong) Co., Ltd..(same year in November)

2019

January
The company established TOWA Europe Gmbh in Duesseldorf, Germany.

March
The company established TOWA THAI COMPANY LIMITED in Bangkok, Thailand.

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