History

April 1939
Began operations in Omori Ward, Tokyo (now Ota Ward, Tokyo)
December 1944
Established IZUMI PRODUCTS COMPANY (predecessor of current company)
June 1956
Began production of electric shaver blades
January 1959
Began OEM supply of electric appliances such as electric shavers and hair dryers
March 1962
Developed hydraulic tools and began supplying them to Nippon Telegraph and Telephone Public Corporation and electric power companies
July 1974
Built headquarters factory in Sasaga district of Matsumoto
January 1977
Began cultivating overseas market for electric shavers
April 1977
Developed and began OEM supply of rotary electric shavers
July 1989
Developed and began sales of E-Robo series, the world’s first rechargeable hydraulic tools
April 1993
Developed and began export of two-blade rotary electric shavers
November 1994
Established electric appliance production subsidiary in Shenzhen
April 1995
Became first company in Japan to acquire ISO9001 certification for hydraulic tools
November 1998
Acquired ISO9001 certification for electric appliances
August 2009
IZUMI PRODUCTS COMPANY (former company) submitted application under Civil Rehabilitation Act
August 2010
With WISE PARTNERS, Inc. and the Development Bank of Japan Inc. as investors, IZUMI HOLDINGS Co., Ltd. (name later changed to IZUMI PRODUCTS COMPANY) received the transfer of hydraulics tool and electric appliance business from the former company
May 2012
Juichiro Shima appointed chief executive officer
March 2014
Began rotary blade production on new line
April 2014
Set up syndicate loan with two local regional banks participating
June 2016
The TMCAP2011 Investment Limited Partnership managed and operated by Tokio Marine Capital Co., Ltd. acquired all outstanding shares of our company from the Development Bank of Japan Inc. and the WP1 Investment Limited Partnership operated by WISE PARTNERS, Inc.
September 2016
New equity participation by the Mercuria Japanese Industry Growth Support Fund managed and operated primarily by Mercuria Investment Co., Ltd.
March 2017
Began Japanese marketing of rotary shavers that use new technology featuring spinning outside blades
April 2017
Merged with TMC BUYOUT8 Co., Ltd., which was financed by the TMCAP2011 Investment Limited Partnership and the Mercuria Japanese Industry Growth Support Fund
September 2018
Launch of 7th Generation Battery Operated Tool with the pressure sensor and the GPS function. Bluetooth connection enables the management of operation history on the computer.
October 2018
Maxell Holdings, Ltd. and Development Bank of Japan Inc. acquired all outstanding shares of our company.
April 2019
Changed company name to Maxell Izumi Co., Ltd.