Japanese Iwai Seisakusyo Diversifies Precision Screw Offering
Iwai Seisakusyo, a metal component machining/processing/assembling company, is particularly good at precision screws mainly supplied to the medical and precision machinery industry. In addition, the company also reaches out to general industry demands as a diversified strategy.
When the company was established it focused on tooling and chuck. In the next year it received orders from big automotive makers and started to grow rapidly in scale. However, in 1986 things changed and it lost the automotive component orders. Therefore it transformed itself and eventually revived the sales with the strategy of processing any type of precision components. Now it is a blooming components maker in the medical, packaging machine, machine tool, and precision machine industries.
Recently it is trying to produce interior components. It not only sells products to corporations but also plans to sell to ordinary customers over the long term.