Company History

Jan. 1955	Organized as a successor having fulll rights to the business of the dissolved. Tool Marketing Department of the Kariya Machine Industry Cooperative.
Feb. 1963	Incorporated Toyo Shokai Corporation with capital of 500,000 yen.
Jul. 1970	On re-increase of capital (by 16 million yen), sought equity stake by AISIN (25%) and augmented the company's management base.
Jun. 1971	Established new Toyama Office in Nyuzen-machi, Shimoniikawa-gun, Toyama Prefecture.
Jul. 1980	Changed the company name from Toyo Shokai to Toyo Corporation.
Dec. 1985	Opened Okazaki Office in Okazaki, Aichi Prefecture.
Sep. 1988	Incorporated Precision Tools Service, Inc. in Indiana, USA.
Sep. 1990	Opened Izumi Branch in Anjo, Aichi Prefecture.
Nov. 1990	Completed work on new Head office building in Kariya, Aichi Prefecture.
Oct. 1991	Opened Chita Office in Handa, Aichi Prefecture. Opened Toyohashi Office in Toyohashi, Aichi Prefecture.
May. 1993	Opened Kumamoto Office in Kumamoto, Kumamoto Prefecture.
Aug. 1999	Incorporated Precision Tools Service (Thailand) Co., Ltd. in Bangkok, Thailand.

Apr. 2000	Acquired ISO9001 certification.
Nov. 2001	Incorporated PTS Tool (Thailand) Co., Ltd, Thailand.
Jul. 2002	Capital increased to 485.32 million yen.
Jan. 2004	Opened Sangane Office in Kota-cho, Nukata-gun, Aichi Prefecture. Joined Nippon Keidanren(Japan Business Federation).
Feb. 2005	Incorporated Precision Tools Service Czech s.r.o. in Prague, Czech Republic.
Apr. 2005	Incorporated Precision Tools Service Australia Pty Ltd in Melbourne, Australia.
Apr. 2006	Opened Fukuoka Office in Kasuya-gun, Fukuoka Prefecture.
Apr. 2007	Opened Tomakomai Office in Tomakomai, Hokkaido.
Aug. 2008	Opened Hekinan Office in Hekinan, Aichi Prefecture.
Jan. 2008	Completed work on new Head Office main building in Kariya, Aichi Prefecture.
Aug. 2008	Acquired ISO 14001 certification.

Jan. 2011	Incorporated TOYO ASIA (TIANJIN) SALES TRADING CO., LTD in China.
Apr. 2011	Incorporated PT. Precision Tools Service Indonesia in Cikarang, Indonesia.
Sep. 2011	Incorporated PTS SHANGHAI SALES TRADING Co., Ltd in China.
Apr. 2012	Opened TMG center in Anjo, Aichi Prefecture.
Aug. 2013	Incorporated PTS Precision Tools Service de Mexico S.A. de C.V. in Mexico.
Feb. 2014	Incorporated Global Center in Kariya, Aichi Prefecture.
Oct. 2014	Opened Takefu Office in Echizen, Fukui Prefecture.
Apr. 2017	Opened Sasebo Office in Sasebo, Nagasaki Prefecture.
Mar. 2018	Opened Handa Branch in Handa, Aichi Prefecture.
Apr. 2018	Opened Mizunami Office in Toki, Gifu Prefecture.

Jun. 2023	Opened Shiga Office in Ritto, Shiga Prefecture.