エンジニアリングサービス及びコンサルティングサービスを提供するデザイン事業と、マニュファクチュアリングサービスを提供するマニュファクチュアリング事業の2つを事業領域としている。取引先は、大手製造業、特に自動車関連が7割弱を占めることから、同社の国内拠点及び海外グループ会社は、自動車関連メーカーが存在する場所に進出している。Company Overview
1. Company Overview
The name of SOLIZE <5871> is a coined term that combines "SOL," meaning human passion and energy (Latin for sun), with "Realize," meaning to achieve. Based on the philosophy of "Evolution into Emotion," the company aims to achieve two missions: engineering wisdom and technology to innovate value creation, and realize "essentially beautiful craftsmanship."
The company has two business domains: the Design Business providing engineering services and consulting services, and the Manufacturing Business providing manufacturing services. With major manufacturing clients, particularly auto-related, accounting for nearly 70% of its transactions, the company's domestic and overseas group companies have expanded to locations where auto manufacturers exist.
Established in 1990, the company celebrates its 34th anniversary this year. Headquartered in Sambancho, Chiyoda-ku, Tokyo, it is led by President and CEO Yasutoshi Miyafuji. As of the end of December 2023, the company has 1,969 employees, with engineers accounting for 80% of the workforce.
2. History
The company's history began in 1990 when a founder from the auto parts industry, inspired by the development of 3D manufacturing in America, founded Incs Co., Ltd. due to concerns over Japan's manufacturing. From 1990 to 2000, the company operated in the early stages of digitalizing production. As a manufacturing venture, it gained recognition and grew. However, amid overinvestment in factories and increasing rent burden for the headquarters, a decrease in revenue due to the global financial crisis triggered by the Lehman Shock led to filing for civil rehabilitation in 2009. During this process, 100% capital reduction and the resignation of the entire management team became conditions for the approval of the recovery plan.
The civil rehabilitation process concluded at the end of 2012 with full repayment, leading to the company changing its name to the current one in 2013. Overseas, aligning with auto manufacturers, local subsidiaries were established in Shanghai, China in 2012, India in 2014, and the USA in 2015. Currently, the company's consolidated subsidiaries consist of three overseas local companies, all with a 100% investment ratio.
Mr. Miyato assumed the position of Representative Director, President, and CEO in 2020, and despite the spread of the novel coronavirus infection (hereinafter referred to as the COVID-19 pandemic) environment, in order to accelerate growth once again, in 2021, three domestic corporations were integrated and SOLIZE absorbed and merged SOLIZE Engineering Co., Ltd. and SOLIZE Products Co., Ltd. Furthermore, in 2024, they plan to list on the Tokyo Stock Exchange Standard Market and aim to expand their business through the promotion of growth strategies.
(Written by FISCO guest analyst Nozomi Kokushige).
