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Company History

1976

July
Establishment of Asahi Mini Rope Co., Ltd.
Start of sales of ultra-fine stainless steel ropes

1988

July
Asahi Mini Rope Sales Co., Ltd. changes name to Asahi Intecc Co., Ltd.

1989

September
Establishment of Asahi Intecc Thailand Co., Ltd. (now a wholly-owned overseas subsidiary) in Thailand as an overseas production base to enhance price competitiveness

1991

February
Opening of the Medical Development Headquarters to start R&D of medical devices
October
Completion and start of operation of the Seto Medical Factory (company approved for the manufacture of medical devices) (Seto, Aichi Prefecture); Changed location of head office to same location due to business reasons

1992

March
Approved as a medical device manufacturer by the Japanese Ministry of Health and Welfare (now Ministry of Health, Labour and Welfare) (current approval No.: 23BZ0510)
Succeeded in Japan’s first commercialization of guiding catheters and PTCA guide wires for myocardial infarction treatment

1994

March
Establishment of Asahi Intecc (HK) Co., Ltd. as the overseas sales base in Hong Kong (changed to Hong Kong branch of Asahi Intecc Co., Ltd. in September 1999)

1995

December
Absorption merger with Asahi Fine Tecc Co., Ltd. (a wire drawing company established in June 1992)

1996

September
Established Atecc Co., Ltd. (now Filmecc Co., Ltd.) (Takaishi, Osaka Prefecture) for the manufacture and sale of medical products
November
Seto Medical Factory authorized by Japanese Ministry of Health and Welfare (now Ministry of Health, Labour and Welfare) for import and sale of medical equipment (approval No.: 23BY0071)

1998

May
Absorption merger with Intertect Co., Ltd. (stainless steel rope processing company established in October 1989)
September
PTCA guide wires acquire CE marking certification under the EU quality standard.

1999

June
Absorption merger with Asahi Mini Rope Sales Co., Ltd. (ultra-fine stainless steel rope producing company established in April 1972)

2000

October
Change of registered head office address to Moriyama-ku, Nagoya.
Establishment of the US representative office of the Medical Division in California, USA (changed to local company Asahi Intecc Group USA, Inc. in July 2004 (wholly-owned consolidated subsidiary))

2001

December
Completion and start of operation of dedicated medical factory of Asahi Intecc Thailand Co., Ltd.

2002

August
Started cooperation with DongGuan Shilong Asahi Precision Steel Wire Factory in China for production of terminal products (consignment factory) (closed June 2010)
November
Opening of the Kobe Research Center (Chuo-ku, Kobe) for the development of delivery devices for various cells (for regenerative medicine) (closed June 2006)

2004

June
Establishment of Europe representative office in Amsterdam, Netherlands (changed to EU branch in August 2005)
July
Initial public offering with Japan Securities Dealers Association (currently, the JASDAQ Securities Exchange) (delisted in April 2012)

2005

June
Listing on Second Section of the Tokyo Stock Exchange and Second Section of the Nagoya Stock Exchange.
September
Establishment of Asahi Intecc Hanoi Co., Ltd., in Vietnam (wholly-owned consolidated subsidiary) as the second overseas manufacturing base

2006

March
Establishment of Singapore representative office (changed to Singapore branch in August 2009)
Establishment of CompassMed Integration Co., Ltd. (now Asahi Intecc J-sales, Inc.) (wholly-owned consolidated subsidiary) in Shinjuku, Tokyo, to strengthen medical device sales
July
Established Osaka R&D Center in Izumi, Osaka as a center for materials research and development of the next-generation advanced medical devices

2007

October
Introduced new logo mark to build Asahi brand worldwide

2009

July
Established Beijing representative office(closed November 2016)

2010

January
Acquired GMA Co., Ltd. at Fukuroi, Shizuoka to become wholly-owned consolidated subsidiary for the purpose of strengthening polymer technology
July
Renamed GMA Co., Ltd. as Asahi Intecc GMA Co., Ltd. (acquired by Asahi Intecc Co., Ltd. in October 2013)

2011

November
Established Asahi Intec Scientific (Beijing) Co., Ltd. (wholly-owned consolidated subsidiary) as a business base for the Chinese market (business permit obtained in March 2013)

2013

July
Established Middle East branch
September
Acquired all shares of Toyoflex Co., Ltd. (now in Shinjuku, Tokyo), making Toyoflex Co., Ltd. and Toyoflex Cebu Corporation wholly-owned consolidated subsidiaries and Toyoflex (H.K.) Co., Limited and Toyo Precision Industry (Huizhou) Limited non-consolidated subsidiaries.

2014

January
Established India branch

2015

January
Established Korea branch
May
Made Y.K. Meisen (Kishiwada City, Osaka) a wholly-owned consolidated subsidiary and absorbed the company with a merger on the same day to strengthen stainless steel processing technologies.
June
Transferred non-consolidated subsidiary Toyoflex (H.K.) Co., Limited and Toyo Precision Industry (Huizhou) Limited.

2017

January
Established Asahi Intecc Latin Ltda (wholly-owned consolidated subsidiary) as a business base for the Central and South America market.
August
Acquired Nihon Chemical Coat Co., Ltd. at Sagamihara , Kanagawa to become wholly-owned subsidiary for the purpose of strengthering resin coating technology.

2018

July
Established Tohoku R&D Center (Hachinohe, Aomori prefecture) as a central base for development of high-precision processing techniques such as casting and injection molding.
ASAHI INTECC USA, INC., a consolidated subsidiary of Asahi Intecc, acquired shares of RetroVascular, Inc. owning plasma energy technology and made RetroVascular its subsidiary (sub-subsidiary of Asahi Intecc/ consolidated subsidiary).
Acquired Ficas Co., Ltd. (Nagoya, Aichi prefecture) to make Ficas Co., Ltd wholly-owned subsidiary for the purpose of contributing society from the view point of welfare for the handicapped.
September
Listing on First Section of the Tokyo Stock Exchange and First Section of the Nagoya Stock Exchange.

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