Company Profile and History
Learn about ANEST IWATA's company profile and history, and watch our introductory video.
|ANEST IWATA Corporation
3176, Shinyoshida-cho, Kohoku-ku, Yokohama 223-8501, Japan
|Shinichi Fukase, Representative Director, President and Chief Executive Officer
|Listed on Stock Exchange
|First Section, Tokyo Stock Exchange
|Consolidated Net Sales
|JPY 48,515 million (FY2022)
|End of Fiscal Year
|Number of Employees (including those employed by group companies)
|1,799 (of which 625 [34%] are in Japan and 1,174 [66%] overseas) (FY2022)
|Line of Business
|Manufacture and sale of air compressors, vacuum equipment, coating equipment, coating systems and peripheral equipment
Iwata Seisakusho, the forerunner of ANEST IWATA, is founded
Brothers Hatsutaro and Sukezo Iwata rented a corner of a factory in the town of Toyosawa, Shibuya Ward, on May 1, 1926, and started a small manufacturing operation called Iwata Seisakusho, the forerunner of our company, with just two used lathes.
Started manufacturing and selling the first ever spray gun made in Japan
The spray gun development journey of the Iwata brothers started with a request from Mizushima Shokai. After numerous attempts, a few of their spray guns finally passed the test. It had been about six months since the brothers received the order, and their funds were nearly depleted. It was an achievement that only the determination and persistence of craftsmen could accomplish. Their spray gun, the first ever created in Japan, had a big head and a rugged grip, but it was capable of producing both flat and round spray patterns and atomized paint well.
Started manufacturing and selling small-sized compressors
Ventured into the automatic painting device market
Iwata Air Compressor Manufacturing Co., Ltd. is established
In 1955, annual net sales reached 300 million yen and total assets exceeded 150 million yen, but this was in no way an accurate reflection of how the business was doing, as the company remained a limited partnership with a capital of less than 4.5 million yen. However, since it had just increased its capital in 1955, it also had no funds. It was possible to dissolve the limited partnership company and incorporate it, but this was not realistic because the taxes associated with the settlement would exceed 100 million yen. It was eventually decided to establish a new incorporated company, leaving the limited partnership as is. In this way, Iwata Air Compressor Manufacturing Co., Ltd. came to be established in April 1957, taking over the entire business of the previous limited partnership.
Released airless units
Entered the coating system market full scale
Received JIS certification to manufacture small-sized reciprocating air compressors
Released the first ever medium-sized, two-way cooling air compressors made in Japan
The development of medium-sized compressors started around 1965. However, the medium-sized air compressor market was fiercely competitive, with major first-mover manufacturers jockeying for position. This was why the company devised a development strategy based on thorough market research, including for overseas markets. The focus was on making an air cooler that was capable of a wide variation in output, easy to maintain, and small in size, and to make its operation control system semi-automatic. Once these goals were accomplished, the prototype was completed at the end of 1967, and the product released in 1969.
Listed on the second section of the Osaka Stock Exchange
Released electrostatic coating machines
Listed on the first section of both the Tokyo and Osaka Stock Exchanges
Jointly developed a painting robot with Mitsubishi Heavy Industries, Ltd.
Released automotive spray booths
Entered the rotary air compressor market
Developed the world's first electric, articulated painting robot together with Mitsubishi Heavy Industries, Ltd.
The company developed the first ever painting robot made in Japan, the AR-62, in partnership with Mitsubishi Heavy Industries, Ltd., and brought it to market in August 1975. The AR-62 was a large-sized hydraulic painting robot that was capable of reproducing the wrist movements of a skilled worker through software, and it won widespread acclaim not only in Japan but in overseas markets as well.
Released hot-melt adhesive applicators
Started full-scale operations of interconnected CAD systems in Yokohama, Akita, and Fukushima
Released large-sized rotary air compressors
Released oil-free medium-sized tooth air compressors
Released the world's first oil-free scroll air compressors
Development began around 1985, and after six years of hard work, the company overcame such difficulties as finding heat-resistant materials, developing materials for tip seals, and precision designing air-cooled housing. In March 1991, the company introduced the world's first oil-free scroll compressors, the SLP-22 (2.2 kW) and the SLP-37 (3.7 kW).
Released low-pressure atomized spray guns (LPH)
Released the world's first oil-free scroll vacuum pumps and entered the vacuum pump market
The development project began in 1985. The aim was to create a medium-vacuum (100 Pa to 10-1 Pa; 1 Pa is 1/100,000 of atmospheric pressure) dry pump, the most sought-after range. The company proceeded with research and development, and the prototype was completed in 1990. The company decided to enter the market in 1991.
Obtained ISO-9002 certification
Released the COMG series of small-sized air compressors
Obtained ISO-9001 certification
Unveiled a new corporate identity (CI) and changed the company name to ANEST IWATA Corporation
On the occasion of the 70th year of its founding, on October 1, 1996, the company changed its name to ANEST IWATA Corporation. “ANEST” stands for “Active & Newest Technology” (now “Active with Newest Technology”). In other words, the name represents our identity as “a development-oriented company that is consistently vibrant and equipped with innovative technologies.” By reflecting the words “EARNEST” and “HONEST” in our name, we also made clear that we will carry on the qualities embodied in our corporate motto since our founding, “Makoto no Kokoro” (Trustworthy & Sincere). With the new company name representing our strong will and determination toward reform, ANEST IWATA made a fresh start.
Obtained ISO-14001 certification
Absorbed ANEST IWATA Akita Corporation, ANEST IWATA Fukushima Corporation, and ANEST IWATA Kosan Corporation
Received the Energy-Efficient Machinery Award for its oil-free booster air compressors
Certified as an environmentally friendly business establishment by Yokohama City
Established ANEST IWATA DO BRASIL CONSULTORIA TECNICA LTDA.
Established ANEST IWATA VACUUM ENGINEERING & SERVICE Corporation
Established ANEST IWATA Shanghai Trading Corporation
Capital participation in ANEST IWATA Air Tech s.r.l.
Established ANEST IWATA South Africa (Pty) Ltd.
Consolidated the production of air compressors and vacuum equipment to the Fukushima Factory, away from the Yokohama Factory
Developed and sold original claw-type and screw-type medium-sized compressors
Established ANEST IWATA Vietnam Co., Ltd.
Established ANEST IWATA Middle East FZE
Changed the name of ANEST IWATA Coating Service Corporation to ANEST IWATA Coating Solutions Corporation
Established PT. ANEST IWATA Indonesia
Established ANEST IWATA Babatz GmbH
Established Airzap ANEST IWATA INDÚSTRIA E COMÉRCIO LTDA.
Established ANEST IWATA Polska Sp. Z o.o.
Changed the name of ANEST IWATA Service Corporation to ANEST IWATA Compressor Corporation
The F series of oil-free scroll compressors received the Energy-Efficient Machinery Award
Established ANEST IWATA SPARMAX Co., Ltd.
Capital alliance with E.M.S. CONCEPT SARL
Absorbed ANEST IWATA Compressor Corporation and ANEST IWATA Coating Solutions Corporation