History

History

1958
Founder, Toshio Fukui, established Musashi Paint Co., Ltd. in Kosuge (Katsushika-ku, Tokyo) (Capital of 2.5 million yen)
1959 Relocated office to Honden-shibue-cho (Katsushika-ku, Tokyo) in anticipation of expansion
1960Capital increase (8 million yen in new capital)
Relocated factory to Kami-aoki-cho, Kawaguchi (Saitama)
Separated the sales division of the head office and relocated it to Zoshigaya (Toshima-ku, Tokyo)
1962Relocated the head office to Minami-Ikebukuro (Toshima-ku, Tokyo)
1965Capital increase (11.5 million yen in new capital)
1968Built a new plant in Musashi Industrial Complex in Iruma-shi (Saitama)
Capital increase (23 million yen in new capital)
1969Opened the Osaka Business Office
1970Finished construction phase 1 and started operations of the Iruma Plant
1973Finished construction phase 2 of the Iruma Plant, which becomes the main factory
1974Relocated head office to current location (2-30-16 Minami-Ikebukuro, Toshima-ku)
1978Constructed the Glick Building (head office building) at the same location
1985Osaka Business Office becomes the Osaka Office and relocated office Kawada (Higashi-Osaka, Osaka)
1989Hideo Akiyama appointed as President
1994Shuhei Fukui appointed as President
1997Established MUSASHI PAINT CORP.SDN.BHD., a joint venture in Kuala Lumpur, Malaysia
1998New color mixing factory constructed at the Iruma Plant
1999Established Zhongshan Musashi Paint Co.,Ltd. in Zhongshan, China
Established Musashi Paint (Hong Kong) Corporation, a joint venture in Hong Kong
2000Established KOREA MUSASHI PAINT CORPORATION in Gunpo, Korea
New technology and research building constructed at the Iruma Plant
2002Established Suzhou Musashi Paint Co.,Ltd. in Suzhou, China
Established a manufacturing site in Johor Bahru, Malaysia
2003Established Musashi Paint Trade (Shanghai) Co.,Ltd. in Shanghai, China
Established Musashi Paint International (H.K.) Ltd. in Hong Kong
Established Musashi Paint (Kunshan) Corporation, a joint venture in Kunshan, China
2004New quality control building constructed at the Iruma Plant
Established Tianjin Musashi Paint Co.,Ltd. in Tianjin, China
2005Split up the Iruma Plant and established Musashi Paint Manufacturing Corporation, a 100% subsidiary
Established Musashi Paint General Trade (Shanghai) Corporation in Shanghai, China.
2006Established HUNGARY MUSASHI PAINT KFT. in Hungary
Established MUSASHI PAINT CALIFORNIA CO.,LTD. in California, U.S.A.
2008Established MUSASHI PAINT(THAILAND) CO.,LTD., a joint venture in Thai
2009Established MUSASHI UK LTD. in England
Established VIETNAM MUSASHI PAINT CO.,LTD. in Vietnam
Opened the China R&D Center at Zhongshan Musashi Paint
2010Established MUSASHI PAINT INDIA PRIVATE LTD. in Chennai, India
2011Hideki Sato appointed as President
Established MUSASHI PAINT MANUFACTURING (THAILAND) CO.,LTD. in Thai
Investment in and the inclusion of U.S. Paint Corp in the U.S.A.
2014Yumiko Fukui appointed as President