TOYO Innovex Corporation

Founded

TOYO Innovex was founded in 1925 against the background of the development of the textile industry, as a manufacturer of textile machinery making spinning machines.

Separated from the spinning machinery division of Kobe Steel, Ltd., and started producing textile machinery as Spinning Machinery Co., Ltd.

On May 16, 1925, separated from the spinning machinery division of Kobe Steel, Ltd., and started producing textile machinery as Spinning Machinery Manufacturing Co., Ltd.

Separated from the spinning machinery division of Kobe Steel, Ltd. and started producing textile machinery as Spinning Machinery Manufacturing Co., Ltd. on May 16, 1925

Separated from the spinning machinery division of Kobe Steel, Ltd. and started producing textile machinery as Spinning Machinery Co., Ltd.

Founded.

Listed on the Second Section of the Tokyo Stock Exchange

Listed on the Second Section of the Osaka Securities Exchange in August 1949.

Listed on the Second Section of the Osaka Securities Exchange

Entered the injection molding machine manufacturer business and started producing machines for plastic processing

Started production of injection molding machines in July 1959.

Started production of injection molding machines

In January 1962, changed the company name from Spinning Machinery Manufacturing Co., Ltd. to Toyo Machinery & Metals Co., Ltd.

Changed company name from Spinning Machinery Manufacturing Co., Ltd. to Toyo Machinery & Metal Co., Ltd.

Entered the die-casting machine business and started producing machines for aluminum and magnesium processing

Started production of die-casting machines in April 1963.

Start of die-casting machine production

Became a group company of Hitachi Ltd. in November 1970.

Becomes a group company of Hitachi Ltd.

Established Toyo Machinery Engineering Co., Ltd. in December 1981.

Establishment of Toyo Machinery Engineering Co., Ltd.

Development of electric drive technology Pioneered industry with electric servo technology that electrifies the drive source of molding machines, which were mainly hydraulic

Development of electrification technology. Pioneered industry by developing electric servo technology that electrifies the drive source of molding machines, which was mainly hydraulic. Became a global company. Entered the US market in response to customer needs, then expanded into Southeast Asia and Europe.

Started production of electric servo injection molding machines in April 1985.

Start of electric servo injection molding machine production

Established Toyo Koki Co., Ltd. in November 1988.

Establishment of Toyo Koki Co., Ltd.

Obtained ISO 9001 certification in July 1997.

Obtained ISO9001 certification

Celebrated 80th anniversary of founding and listed on the First Section of the Tokyo Stock Exchange amid strong performance

Started production of optical disc molding machines in May 1998.

Start of optical disc molding machine production

March 2000, ISO 14001 certification obtained (Head Office & Factory)

Acquisition of ISO 14001 certification (Head Office and Factory)

July 2000, Establishment of local subsidiary in Malaysia "TOYO MACHINERY (M) SDN. BHD."

Establishment of local subsidiary in Malaysia "TOYO MACHINERY (M) SDN. BHD."

January 2002, Establishment of local subsidiary in Thailand "TOYO MACHINERY (T) CO., LTD."

Establishment of local subsidiary in Thailand "TOYO MACHINERY (T) CO., LTD."

Achieved listing on the First Section of the Tokyo Stock Exchange in the 80th year of founding, backed by strong performance.

August 2003, Establishment of Shanghai local subsidiary "Toyo Machinery Trading (Shanghai) Co., Ltd."

Establishment of local subsidiary in Shanghai "Toyo Machinery Trading (Shanghai) Co., Ltd."

January 2004, Start of production of large die-casting machine "BD-1200V4-T"

Start of large die-casting machine "BD-1200V4-T" production

September 2005, Listed on the First Section of the Tokyo Stock Exchange

Listed on the First Section of the Tokyo Stock Exchange

November 2006, Announced environmentally friendly electric die-casting machine

Announced environmentally friendly electric die-casting machine

First overseas production base Established the Changshu factory in response to expanding Chinese market Subsequently expanded with second, third factories and research building

March 2007, Start of production of electric servo injection molding machine "Si-IV series"

Start of electric servo injection molding machine "Si-IV series" production

June 2007, Established first overseas production base "Toyo Machinery (Changshu) Co., Ltd."

Establishment of the first overseas production base "Toyo Machinery (Changshu) Co., Ltd."

February 2008, Start of production of large electric servo injection molding machine "Si-850IV"

Start of large electric servo injection molding machine "Si-850IV" production

April 2008, Establishment of Guangzhou local subsidiary "Toyo Machinery Metal (Guangzhou) Trading Co., Ltd."

Establishment of local subsidiary in Guangzhou "Toyo Machinery Metal (Guangzhou) Trading Co., Ltd."

May 2008, Start of production of environmentally friendly electric die-casting machine "Ds series"

Start of environmentally friendly electric die-casting machine "Ds series" production

June 2008, Production of electric servo injection molding machine at Toyo Machinery (Changshu) Co., Ltd.

Start of electric servo injection molding machine production at Toyo Machinery (Changshu)

Changshu factory in China Shipped the first shipment machine

October 2009, Start of production of environmentally friendly large electric die-casting machine "Ds-800"

Start of environmentally friendly large electric die-casting machine "Ds-800" production

Established a factory in Changshu due to expansion of the Chinese market.

Canada Strategic supplier partnership with Husky Supply all-electric injection molding machines for PET bottles and medical use

April 2010, Start of die-casting machine production at Toyo Machinery (Changshu) Co., Ltd.

Start of die-casting machine production at Toyo Machinery (Changshu) Co., Ltd.

May 2010, Start of production of electric servo injection molding machine "Si-V series"

Start of production of electric servo injection molding machine "Si-V Series"

September 2010, Partnership with Canadian company Husky

Partnership with Canadian company Husky and suppliers

February 2011, Received the 8th New Machinery Promotion Award and the Minister of Economy, Trade and Industry Award from the Japan Machinery Promotion Association for "Energy-saving small low-pressure die-casting system" (co-developed with Denso and Miyamoto Industry)

Received the 8th New Machinery Promotion Award and the Minister of Economy, Trade and Industry Award from the Japan Machinery Promotion Association for "Energy-saving Small Low-pressure Die Casting System"

Received the 8th New Machinery Promotion Award and Minister of Economy, Trade and Industry Award from the Japan Machinery Promotion Association for the "Energy-saving Small Low-pressure Die-casting System" Developed jointly with Denso Corporation and Miyamoto Industrial Co., Ltd.

April 2011, Established an office in India

Established a representative office in India

September 2012, Start of production of environmentally friendly electric die-casting machine "Ds-EX series"

Start of production of environmentally friendly electric die-casting machine "Ds-EX Series"

Obtained ISO 14001 certification, established an environmental management center, and set environmental policies.

Started production of electric servo injection molding machine "Si-6 Series" in April 2013

Start of production of electric servo injection molding machine "Si-6 Series"

Formed capital and business alliance with Japan Steel Works Ltd. and Ube Machinery Corporation Ltd. in March 2014

Capital and business alliance with Japan Steel Works Co., Ltd. and Ube Industries Machinery Co., Ltd.

Established local subsidiary "Tung Jin Co., Ltd." in Taiwan in October 2016

Established local subsidiary in Taiwan "Tung Jin Co., Ltd."

Strengthening sales in the European market Through capital alliance with European agents, reinforced sales system in Europe

Established local subsidiary "PT TOYO MACHINERY AND METAL INDONESIA" in Indonesia in December 2019

Upgraded India representative office to a branch

Achieved shipment of 5,000 units at the China Changshu factory

China, Changshu factory. Achieved shipment of 5,000 units. The first machine was shipped in December 2008, reaching 5,000 units shipped in 11 years.

Established local subsidiary "TOYO MACHINERY VIETNAM CO.,LTD." in Vietnam in February 2020

Established local subsidiary in Vietnam "TOYO MACHINERY VIETNAM CO., LTD."

Completed large-scale assembly plant in Akashi headquarters in June 2020

Completion of large-scale assembly plant at Akashi headquarters

Achieved shipment of 5,000 units at the Changshu plant in November 2020

Achieved shipment of 5,000 units from the Changshu plant

Established local subsidiary "PT TOYO MACHINERY AND METAL INDONESIA" in Indonesia in April 2021

Established local subsidiary in Indonesia "PT TOYO MACHINERY AND METAL INDONESIA"

Started production of die-casting machine "BD-V7EX Series" in December 2021

Start of production of die-casting machine "BD-V7EX Series"

Listed on the Prime Market of the Tokyo Stock Exchange

Listed on the Standard Market of the Tokyo Stock Exchange

Listed on the Tokyo Stock Exchange Standard Market. Chose the Standard Market to improve management resource efficiency.

Started production of electric die-casting machine "Ds-EX2 Series" in June 2023

Start of production of electric die-casting machine "Ds-EX2 Series"

Listed on the Tokyo Stock Exchange Standard Market in October 2023

Listed on the Standard Market of the Tokyo Stock Exchange

Started production of electric servo injection molding machine "Si-7 Series" in November 2023

Start of production of electric servo injection molding machine "Si-7 Series"

Commenced operation of Akashi headquarters service logistics center in January 2024

Start of operation of service logistics center at Akashi headquarters

Started production of large die-casting machine "BD-1300V7EX" in August 2024

Started production of large die-casting machine "BD-1300V7EX"

100th anniversary of founding Obtained ISO14001 certification and established environmental management center Set environmental policy Achieved ISO certification for environmental initiatives at headquarters and factories

Changed company name from "Toyo Machinery & Metal Co., Ltd." to "TOYO InnoVEX Co., Ltd." in April 2025

Changed company name from "Toyo Machinery & Metal Co., Ltd." to "TOYO INNOVEX Co., Ltd."

Delisted from the Tokyo Stock Exchange Standard Market in March 2026

Delisted from the Tokyo Stock Exchange Standard Market

Merged with Nissei Resin Industry Co., Ltd. and established a joint holding company "GMS Group Co., Ltd." in April 2026

Merged with Nissei Resin Industry Co., Ltd. to establish a joint holding company "GMS Group Co., Ltd."