In this article, we are discuss About “Who Owns Shindaiwa” And other Details about Shindaiwa
Shindaiwa is a Japanese company that manufactures chainsaws and other power tools.
Shindaiwa has been around for 70 years. They have a range of products, from tree trimming to industrial applications.
They are a subsidiary of Yamaha Corporation.
Who owns Shindaiwa
ECHO Incorporatedis the Owner of Shindaiwa Brand
ECHO Incorporated manufacture and distribute of Shindaiwa brand
headquartered in Lake Zurich, IL, a Chicago suburb. Shindaiwa Brand market for the same users who demand high quality and durability known products.
It is now clear about to who owns Shindaiwa.
Shindaiwa Incorporated
Shindaiwa Incorporated is a global manufacturer of welding machines, instituters, farming and forestry organ, and outdoorsy power tackle.
Shindaiwa launched its first chainsaw in Japan in 1955. The company initially manufactured electrical and natural products. In September 2008, the company intermixed with Kioritz to form the Yamabiko Corporation.
Shindaiwa products in Japan are in Yokosuka, Morioka, and Hiroshima, with other shops in Shenzhen, China, and Lake Zurich, Illinois.
With a market capitalization of 1,300 million yen (around USD 11 million), Shindaiwa is a small company.
Yamaha Corporation, the parent company, is the holding company. Shindaiwa’s chief assets are 46.6%, and all its outstanding shares are 36.4%.
That means that Yamaha controls 86.6% of the voting power at Shindaiwa.
Additionally, Shindaiwa and Yamaha are both incorporated in the Cayman Islands.
Why are they in the Cayman Islands?
Because it is cheaper than Japan to set up shop there.
When it comes to a company’s corporate structure, where they are incorporated is the primary deciding factor in how that company’s board members are selected.
The Cayman Islands is the premier place to be incorporated in the entire world.
Additionally, corporations have few taxes.
The Humble History of Shindaiwa
Now you know “who owns Shindaiwa ” but you know about History of Shindaiwa.
Shindaiwa started in 1945 as Kansai Tool Co.
They started as a small company in Osaka, Japan. They developed new ways of making saws that allowed easier sawing than with other saws at the time.
In 1955, they established a branch in Taiwan, and the company name changed to ‘Shindaiwa Co. Ltd.’
A year later, they started distributing their products in the USA.
In the 1960s, they expanded their product line to include tree spraying tools.
In the ’70s, Shindaiwa developed motorized ply cutting machines. That was their first product that used self-centering gears for rotating the blade.
In the ’80s, they moved into the outdoor power tools.
For example, in the ’80s, they made chainsaw attachments for snowmobiles.
Today, Shindaiwa is a big part of Yamaha Corporation.
The Company’s Business
Shindaiwa has mainly built a reputation for supplying Japanese manufacturers with their machinery, emphasizing forestry products.
You will see the company’s name on products manufactured by Honda, Komatsu, Kubota, Suzuki, Panasonic, and Yamaha.
An impressive list of companies, to be sure, but Shindaiwa is not quite as ubiquitous in the global market as its bigger Japanese competitors.
History of Shindaiwa
In the late 1960s and early 1970s, the company own by Toyota Motor Corporation. When Toyota moved to sell their stake in the company in 1986, Shindaiwa purchase by Yamaha Corporation for ¥. 1000 million.
Conclusion: Who owns Shindaiwa
Did you enjoy this post? In this article, you will fiend out who owns Shindaiwa.
It may not be the world’s most exciting company, but Shindaiwa has proven that it can generate earnings, dividends, and growth for investors.
The company’s ability to manufacture products sold worldwide means that there is little competition—a rare company, in my opinion.
Source: Morningstar
So, even though Shindaiwa may not be the most exciting company or the most exciting Japanese stock, it is a stock that I can see long-term growth and income.
Please scroll up and click on the “Follow” button next to my name to not miss my future articles if you enjoyed this article.
If you have any further questions regarding this article, you can leave us a comment.
Our blog itsknows tells you who owns what so that it may help you in increasing your awareness and general knowledge.
Read Our Other Article
[…] “Who Owns Shindaiwa” […]
[…] “Who Owns Shindaiwa” […]