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 establishes TOWA Precision Industries Limited with the main business objectives of manufacturing and marketing “precision molds” and “semiconductor manufacturing equipment.”(April 17, 1979)
The company commences production at a temporary factory in Yawata-shi, Kyoto and opens the Tokyo Office at the same time.

1980

February
The company succeeds 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 establishes the TOWA Research & Development Center.

1987

February
Our founder Kazuhiko Bandoh receives 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 establishes TOWA Singapore Mfg. Pte. Ltd. as a subsidiary.

 

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

1989

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

1990

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

1991

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

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

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

1993

November
The company establishes 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 participates in the capitalization of Korean subsidiary company Tongjin.

1995

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

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

1996

September
TOWA Corporation is 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 is completed, and the company relocates its operations to the new facility.

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

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

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

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

May
Our founder Kazuhiko Bandoh receives 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) obtains ISO 9001 certification.

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

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

2001

March
The Headquarters/Factory obtains ISO 14001 certification.

May
TOWAM Sdn. Bhd. obtains ISO 9001 certification.

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

2002

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

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

TOWAM Sdn.Bhd. obtains ISO 14001 certification.

 

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

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

2004

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

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

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

July
The company establishes TOWA Europe GmbH in Munich, Germany.

2006

April
The company establishes TOWA Services Corporation.

2013

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

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

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

2014

July
Our founder Kazuhiko Bandoh receives 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
The company acquires the molding business of SEMES Co., Ltd.

2018

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

October
Established TOWA (Nantong) Co., Ltd. in Nantong, China. Acquired the molds manufacturing business of Kinergy EMS (Nantong) Co., Ltd..(same year in November)

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