31 Facts About Iwatsu Electric

Iwatsu Electric is a member of the Mitsubishi UFJ Financial Group keiretsu.

Originally starting up as a telephone manufacturer, Iwatsu had been a longtime supplier to the public Nippon Telegraph and Telephone company.

Iwatsu Electric has enjoyed growth along the public NTT, expanding its products to radio communication equipment, oscilloscopes, and in the year 1961, their first reprographic system.

Iwatsu Electric worked by day to support himself and went to school by night.

Iwatsu Electric was one of the three companies ordered by the army to develop a radar warning system.

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The prototypes from the three companies were tested by the army, and Iwatsu Electric's prototype got the honor of being the best in performance.

Iwatsu Electric was ordered to mass-produce the systems, which were installed across the country.

Iwatsu Electric began building schools on the corporate campus, providing young factory workers with education.

When Iwatsu Electric finally got the first approval for the common-battery telephone among other three products from the Ministry of Communications and made delivery in 1947, the employees' excitement reached its peak.

Iwatsu Electric was deep in debt, frequent demonstrations were held by a newly formed labor union, and many jobs had to be cut.

Iwatsu Electric took full advantage of the situation and focused on developing and manufacturing telephones.

Iwatsu Electric delivered magneto telephones and dial telephones to the Ministry of Telecommunications, and aircraft radio communications accessories to the Defense Agency.

Iwatsu Electric opened one branch office after another across Japan over four years to build a nationwide sales network.

Iwatsu Electric named it Synchroscope, and the first model was delivered to the Ministry of Defense in 1954.

NHK requested Iwatsu Electric to develop a new oscilloscope for TVs because oscilloscopes were essential for measuring TV signals and Iwatsu Electric was the only domestic oscilloscope manufacturer at the time.

Iwatsu Electric's Synchroscope continued to evolve in response to new demands, such as larger CRTs and higher frequency ranges.

Iwatsu Electric went public in 1953 and became listed on the first section of the Tokyo Stock Exchange in 1957.

Iwatsu Electric found out key telephone systems were already in actual use and was convinced that the key telephone system was the next new thing in the telephone market in Japan.

Iwatsu Electric had been working on the development of a key telephone system and the first practical system was delivered to NTT Public Corporation that year.

Iwatsu Electric was seeking the third signature product following telephones and oscilloscopes.

Iwatsu Electric signed a patent license with RCA and began research and development of what was seemingly unrelated to Iwatsu Electric's then-existing technologies.

Iwatsu Electric was the 13th company in the world to undertake the research of electrophotographic technology, but Iwatsu Electric came in fourth to actually release a product based on such technology.

In December 1967, Iwatsu Electric was producing 80,000 sets per month, and the number of employees increased to 2,800.

Current Kugayama main building at the Iwatsu Electric headquarters was completed in March 1966, replacing the old wooden building.

Iwatsu Electric started branching out into overseas markets, doing business with Southeast Asian countries, Kenya, Dominican Republic, and Ireland.

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Iwatsu Electric took part in trade shows in the United States, South Korea, Switzerland, Germany, and so on.

Iwatsu Electric won the 50,000,000-yen bid, beating strong competitors from England, Belgium, Yugoslavia, Germany, etc.

Iwatsu Electric Seimitsu was established for manufacturing and selling switches for measurement instruments.

Iwatsu Electric became partners with Rex Rotary of Denmark and exported ELEFAX to 77 countries.

Iwatsu Electric tied up with a Taiwanese company to export telephone manufacturing technologies and start production in Taiwan.

Iwatsu Electric America was established in New Jersey in December 1975.