Sugita Ace Co., Ltd.

The founder of Sugita Ace, Saburo Sugita, trained as an apprentice at Nakayama Shoten, a wholesale business of construction fasteners in Kanda, Tokyo. After surpassing his seniors and being entrusted as the top clerk, he became independent at 23, but lost 250 yen of the 1,100 yen he had saved for startup capital due to the bankruptcy of an investment company. The remaining 850 yen was barely enough for opening and operating funds, so the office started by renting the second floor of a friend's house in Iwamotochō, Kanda. The following year, his brother Masayoshi, who had been apprenticing at a cotton wholesaler in Osaka, came to Tokyo to help with the business.

The founder of Sugita Ace, Saburo Sugita, trained as an apprentice at Nakayama Shoten, a wholesale business of construction fasteners in Kanda, Tokyo. After surpassing his seniors and being entrusted as the top clerk, he became independent at 23, but lost 250 yen of the 1,100 yen he had saved for startup capital due to the bankruptcy of an investment company. The remaining 850 yen was barely enough for opening and operating funds, so the office started by renting the second floor of a friend's house in Iwamotochō, Kanda. The following year, his brother Masayoshi, who had been apprenticing at a cotton wholesaler in Osaka, came to Tokyo to help with the business.

Organized as a corporation and established Sugita Metal Co., Ltd.

Established: September 11, 1948.

Organized as a corporation and established Sugita Metal Co., Ltd.

In 1966 (Showa 41), Saburo was the first to decide to purchase a site that was still a sea and slated for reclamation. That year, the industry's largest distribution center (2,000 tsubo) was completed on the reclaimed land, later becoming an important sales hub for Sugita. Saburo's foresight and boldness in investing in the sea before reclamation, without fearing failure, were the driving forces behind the success.

Sugita held its own product exhibition, the Sugita Grand Fair. It was inspired by the new product launch and the creation of new exchanges held at Tsubakiyama-jo during the 30th anniversary ceremony in 1978 (Showa 53). No other company had undertaken such an endeavor, and it had an adventurous aspect, but as a result, while the Tokyo Metal Grand Fair, which gathered the metal industry, had sales of 1.5 billion yen during its period, the Sugita Grand Fair, despite being Sugita's own exhibition, achieved sales of 1 billion yen in two days.

Sugita held its own product exhibition, the Sugita Grand Fair. It was inspired by the new product launch and the creation of new exchanges held at Tsubakiyama-jo during the 30th anniversary ceremony in 1978 (Showa 53). No other company had undertaken such an endeavor, and it had an adventurous aspect, but as a result, while the Tokyo Metal Grand Fair, which gathered the metal industry, had sales of 1.5 billion yen during its period, the Sugita Grand Fair, despite being Sugita's own exhibition, achieved sales of 1 billion yen in two days.

In line with the 50th anniversary of its founding, the company changed its name to Sugita Ace Co., Ltd.

In line with the 50th anniversary of its founding, the company changed its name to Sugita Ace Co., Ltd.

Acquired shares of Tokuda Co., Ltd. (renamed Tokuda Mashimo Ace Co., Ltd. in October 2013) and made it a consolidated subsidiary. Acquired shares of Mashimo Co., Ltd. (renamed Tokuda Mashimo Ace Co., Ltd. in October 2013) and made it a consolidated subsidiary. President Yusuke Sugita.

Acquired shares of Tokuda Co., Ltd. (renamed Tokuda Mashimo Ace Co., Ltd. in October 2013) and made it a consolidated subsidiary. Acquired shares of Mashimo Co., Ltd. (renamed Tokuda Mashimo Ace Co., Ltd. in October 2013) and made it a consolidated subsidiary.

Acquired shares of Yone Mitsu Industry Co., Ltd. (renamed Yone Mitsu Ace Co., Ltd. in July 2013) and made it a consolidated subsidiary.

Acquired shares of Yone Mitsu Industry Co., Ltd. (renamed Yone Mitsu Ace Co., Ltd. in July 2013) and made it a consolidated subsidiary.

Reached its 80th anniversary. Revamped the corporate brand logo. Changed the number of ordinary shares from 1,000 to 100.

Reached its 80th anniversary.

Acquired the shares of Mizusawa Metalworks Co., Ltd. (which changed its name to Mizusawa Ace Co., Ltd. in August 2015) and made it a consolidated subsidiary.

Acquired shares of Mizusawa Metal Co., Ltd. (renamed Mizusawa Ace Co., Ltd. in August 2015) and made it a consolidated subsidiary.