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Company Database


MIURA CO., LTD.

about this company

Vision/Mission

Helping customers all over the world in energy conservation and environmental preservation.

 

Business Description

The history of Miura began with the development of the Z Boiler in 1959.

Our motto states, “Miura aims to be your best partner for energy, water and environment with our Techno-service Revolution.” Our competence is grounded in the expertise gained as the market leader for small once-through boilers in Japan. Miura provides new products and services that satisfy the requirements of customers in the fields of heat energy, water treatment, and environmental solutions.

Today, as the leader in the fields of energy, water, and the environment, we aim to grow into a trusted global company.

Techno-service means:

To become the most respected and trusted name with cutting edge service and technology. Best partner means: To provide solutions through a trusting relationship for all issues relating to energy, water, and the environment.

 

Background

MIURA CO.,LTD. was established in 1959, and subsequently began manufacturing various types of boilers. Since that time, the Miura Group has been working hard to develop proprietary energy saving technologies and has gone on to capture the top share of the market for small once-through boilers.

Major factors that have helped fuel our growth include Miura’s Z Boiler Maintenance Program (ZMP) contract launched in 1972, the Multiple Installation (MI) System which was granted a patent in 1986, and the Miura Online Maintenance feature which we made available in 1989. As of July 31, 2015, Miura has around 53,000 boilers and other types of equipment under such management.

Miura first embarked on its overseas business in 1982 with the establishment of KOREA MIURA CO.,LTD., and now engages in boiler sales and maintenance service operations in 20 countries worldwide.

 

Products/Services

Production, sale and maintenance of small once-through boilers, marine boilers, exhaust gas boilers water treatment equipment, food processing equipment, sterilizers, chemicals, environmental measurement certifications

 

Markets

The Miura Group currently has 15 overseas subsidiaries operating in the 13 countries of South Korea, China, Taiwan, Thailand, Vietnam, Singapore, Indonesia, Turkey, the Netherlands, Canada, the U.S.A., Mexico and Brazil. It also has 7 factories which, in accordance with laws and regulations of respective countries, manufacture products to meet demand in those nations while also engaging in sales and maintenance services.

Customers in 20 countries around the world are using MIURA Group products.

 

Industry

General production plant (Chemical, Mechanical, Electronics, Automobile and others), Food processing plant, Brewery, Dry cleaner, Pool, Public Bath, Office building, School, Hospital, Cafeteria, Amusement park, Shopping mall, Industrial complex

 

Location

7 Horie, Matsuyama, Ehime 799-2696 JAPAN

 

Competitive Advantages

Solving customer problems through the collective and powerful synergy of "technology", "sales" and "maintenance" is MIURA’s unique business model. MIURA develops and produces a diverse array of products using our advanced technological capabilities. Our sales staff suggests the optimum products and systems to customers. After purchase, our maintenance network utilizes its superior organizational capabilities and mobility to provide through maintenance management.

 

Financial Projection

As for Miura’s financial results in fiscal 2014, we achieved increases with respect to both revenues and income, while posting our highest-ever figure for net sales. For fiscal 2015, we have set a net sales target of ¥95,000 million, while aiming for ordinary income of ¥10,800 million and net income of ¥7,500 million. We continue to generate consistent results driven by our boiler business which boasts Japan’s top market share, combined with our efforts for global expansion backed by customer expectations in our maintenance services which support earnings platforms and our technologies that enable substantial energy savings.

 

Company Goals & Objectives

To bring products with the best price and quality in the world in the fields of energy, water, and the environment.

 

Management

Chairman: Yuji TAKAHASHI

President & CEO: Daisuke MIYAUCHI

 

Employees

Consolidated: 4,665 (as of March 31, 2016)

 

Highlights

1959: Establishment of MIURA CO.,LTD. which begins manufacturing various types of boilers

1972: Developed highly efficient boilers and launched the ZMP contract scheme (3-year pre-paid maintenance program)

1974: Engaged in joint development of gas-fired boilers with Tokyo Gas

1977: Commercialized the MI System

1978: Embarked on comprehensive marketing strategy and launched diversified businesses

1982: Shares listed on the Second Section of the Osaka Securities Exchange

1984: Shares listed on the Second Section of the Tokyo Stock Exchange

1986: Patent granted for the Multiple Installation System (installation of multiple boiler units)

1989: Shares listed on the First Sections of the Tokyo Stock Exchange and Osaka Securities Exchange; Developed boilers equipped with the AI system; launched the Online Maintenance feature

1991: Developed low-NOx boilers

2004: Launched sales of the SQ-2500ZS low-NOx boiler

2009: 50-year anniversary of Miura’s founding; launched sales of the SQ-7000Z high-pressure once-through steam boiler

(Annual Select 57_00_en P15)

 

http://www.miuraz.co.jp/en/