Tsugami

What Tsugami does

Tsugami Corporation (株式会社ツガミ) is a Japanese precision machine tool manufacturer founded in 1937 and listed on the Tokyo Stock Exchange Prime Market under stock code 6101. The company designs and builds a comprehensive lineup of CNC precision equipment, organized into six product categories: CNC precision automatic lathes (offering independent opposing, opposing, turret, high-precision, and vertical work tool configurations), CNC lathes, turning centers, machining centers (vertical and horizontal), precision grinding machines (CNC cylindrical, small precision, and carbide tool grinders), and precision rolling machines. Its core technical differentiators are proprietary work tool architectures — including independent opposing work tools and high-precision work tool systems — engineered to deliver the "high precision, high speed, and high rigidity" performance positioning the company has emphasized since founding.

The company's revenue model is concentrated on hardware sales of these capital equipment units, with pricing conducted via custom quotation on a multi-year contract cadence rather than published list pricing. Tsugami operates a sales-led go-to-market through dedicated domestic and overseas sales networks, supported by trade show participation, an NC training school, and after-sales service. It serves three primary vertical segments: automotive (precision components for safety, energy-efficiency, and environmental applications), information/communication equipment (miniaturized connectors, housings, and small terminal parts), and medical devices (ultra-precision diagnostic and therapeutic components). Manufacturing is anchored at the Nagaoka plant in Japan, with a Tokyo headquarters and recent regional service/sales subsidiaries established in Vietnam (January 2024) and Malaysia (February 2024) to support installed-base customers in Southeast Asia.

Tsugami is a public, dividend-paying parent company with 48 million shares outstanding and 10,238 shareholders as of March 31, 2026. Its largest holders are Japan Master Trust Bank (12.21%), Japan Custody Bank (4.86%), and Fourth North East Bank (4.68%). The company has pursued active capital return, including share repurchases (e.g., 871,600 shares for ¥2,001 million in FY2025) and cancellations (2,000,000 shares cancelled May 2024), and disclosed a total annual dividend of ¥85 per share for FY ending March 2026 (interim ¥36 + year-end ¥49), implying a consolidated payout ratio of 23.5%.

Name

Tsugami

Legal name

株式会社ツガミ

Website

https://tsugami.co.jp

Company type

Public

Founded year

1937

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Tsugami Corporation is a Japanese precision machine tool manufacturer (founded 1937, TSE Prime: 6101) producing CNC automatic lathes, turning centers, machining centers, grinding machines, and rolling machines for automotive, electronics, and medical equipment manufacturers globally.

Ownership category

akta.pro rank

Product category

Precision Machine Tools

NAICS

Machine Tool Manufacturing (333517), Metalworking Machinery Manufacturing (33351)

SIC

Machine Tools, Metal Cutting Types (3541), General Industrial Machinery & Equipment, Nec (3569)

akta.pro primary industry

CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)

akta.pro secondary industries

Motion & Machine Control (CNC, Robotics Controllers, Servo/Motion Controllers) (IMAGABAG), Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC)

Keywords

• Precision machine tools
• CNC automatic lathes
• Turning centers
• Machining centers
• Precision grinding machines

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Precision Machine Tool Manufacturing and Sales: Tsugami manufactures and sells precision CNC machine tools including automatic lathes, turning centers, machining centers, grinding machines, and rolling machines. The company offers comprehensive production systems tailored to customer requirements.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Tsugami manufactures and sells precision CNC machine tools, including CNC precision automatic lathes, CNC lathes, turning centers, machining centers (vertical and horizontal), precision grinding machines (CNC cylindrical, small precision, and carbide tool), and precision rolling machines. The company proposes total production systems combining these machine types to meet customer requirements for high precision, high speed, and high rigidity machining across automotive, information/communication, and medical equipment industries.

Product overview

Tsugami is a comprehensive precision machinery manufacturer offering six core product categories: CNC Precision Automatic Lathes (with independent opposing, opposing, turret, high-precision, and vertical shaving blade configurations), CNC Lathes with turret systems, Turning Centers (bar work and chuck work), Machining Centers (vertical and horizontal), Precision Grinding Machines (cylindrical, small precision, and carbide tool), and Precision Rolling Machines (CNC and standard). The company focuses on high precision, high speed, and high rigidity in its machine tool offerings, serving industries including automotive, information/communication, and medical sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• CNC Precision Automatic Lathe (CNC精密自動旋盤) High-precision CNC automatic lathe for small-part machining, available in configurations including independent opposing work tools, opposing work tools, work tool + turret, high-precision work tools, and vertical work tools. Designed for manufacturers requiring high precision, high speed, and high rigidity in small-part production across automotive, electronics, and medical sectors.
• CNC Lathe (CNC旋盤) CNC lathe with turret configuration for precision turning operations. Targeted at manufacturers performing precision turning of metal components.
• Turning Center (ターニングセンタ) Turning center available in bar work and bar work & chuck work configurations for versatile precision machining applications. Targeted at manufacturers requiring flexible turning and secondary machining in one setup.
• Machining Center (マシニングセンタ) Precision machining center available in vertical and horizontal configurations for multi-axis machining operations. Targeted at manufacturers requiring multi-axis precision milling and complex part production.
• Precision Grinding Machine (精密研削盤) Precision grinding machine lineup including CNC precision cylindrical grinders, small precision grinders, and carbide tool grinders. Targeted at manufacturers requiring fine-tolerance surface finishing and specialized carbide tool grinding.
• Precision Rolling Machine (精密転造盤) Precision rolling machine available in CNC precision and standard configurations for precision rolling operations. Targeted at manufacturers producing precision-rolled components such as threaded or formed parts.

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Scale indicators10 records

Recent moves2 records

Expansion highlights5 records

Direct peers

• Okuma Corporation: Japanese manufacturer of CNC lathes, machining centers, and grinders with similar precision-machining positioning and overlapping customer base in automotive and industrial machinery — a direct peer in the same product categories.
• DMG Mori: Japan/global leader in CNC machine tools including turning centers, machining centers, and integrated automation — directly competing with Tsugami across multiple product categories and serving overlapping automotive, aerospace, and medical customers.
• Star Micronics: Japanese manufacturer specializing in CNC automatic lathes (sliding-head type), competing directly with Tsugami in small-precision, high-rigidity turning for automotive, medical, and electronics components.
• Yamazaki Mazak: Major Japanese CNC machine tool manufacturer offering lathes, machining centers, and multi-tasking machines — a direct competitor to Tsugami in turning/machining centers with comparable global sales networks.
• Nakamura-Tome Precision Industry: Japanese producer of multi-axis CNC lathes and turning centers, competing directly with Tsugami in precision turning for small complex components across automotive and medical segments.
• Makino Milling Machine: Japanese manufacturer of vertical/horizontal machining centers and grinding machines — a direct competitor in Tsugami's machining-center and precision-grinding categories serving aerospace, automotive, and medical customers.
• Citizen Machinery: Japanese maker of CNC automatic lathes (sliding-head and fixed-head) and machining centers — the closest direct competitor to Tsugami's core CNC precision automatic lathe business for small-precision components.

Emerging players

• Tongtai Group: Taiwanese machine tool manufacturer expanding into CNC lathes, machining centers, and turn-mill machines — an emerging competitor in Asian and global markets that overlaps with portions of Tsugami's product line.

Broad incumbents

• Haas Automation: US-based large-scale CNC machine tool maker (vertical machining centers, lathes, etc.) — competes with Tsugami in the broader CNC machine tool market though positioned more at general-purpose rather than small-precision niches.
• Doosan Machine Tools: Korean machine tool manufacturer with broad product lines in CNC lathes, machining centers, and turn-mills — a broad incumbent competitor serving similar global customers with a wider portfolio than Tsugami.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/tsugami-corp

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tsugami