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KITZ is celebrating its 70th anniversary in 2021.

Latest Information

2020

Groundbreaking ceremony

August 7: The construction of KITZ Group Innovation Center has started.

As part of our 70th anniversary celebrations, the KITZ Group Innovation Center is currently under construction on the grounds of the Chino Plant. The center will have human resources development, technological development and information dissemination functions.

KITZ officers, related parties and construction personnel attended the groundbreaking ceremony and prayed for safety during construction.

Message from the President

KITZ will strive to make further strides
by offering originality and quality in all products and services.

Makoto Kohno President and CEO

Since KITZ was established in 1951 as Kitazawa Mfg. Works, the company has grown to become an all-round manufacturer of fluid control equipment, primarily valves. Thanks to the support of all stakeholders over the years, we marked our 70th anniversary in 2021. I would like to express my heartfelt gratitude to our customers and all those who have supported the KITZ Group.

In keeping with the philosophy of our founder Toshio Kitazawa (1917-1997), KITZ has adopted the basic principles of integrated production from the material stage, and we carry out all processes in-house from casting to machining, assembly, inspection and shipping. We have also built a system to provide customers with comprehensive sales services and after-sales support. This commitment to better quality has been passed down over the years and today represents the origin of the KITZ Group.

The KITZ Group aims to become a 100-year company, and to ensure we remain essential in the lead up to the creation of a sustainable society, we are actively tackling a range of issues facing the environment and society. We appreciate your continued guidance and support moving forward.

Makoto Kohno
President and CEO

70th Anniversary Project


KITZ Group Innovation Center

KITZ Group Innovation Center

As part of our 70th anniversary celebrations, the KITZ Group Innovation Center is being constructed at the Chino Plant, with a planned launch date of March 2022. As a successor to the KITZ Training Center, which was established in 1981 and has contributed to employee training and the development of valve industry human resources for many years, the new facility will meet diverse training needs both inside and outside the company, cultivate human resources that will form the foundations of the KITZ Group's development, spur creative and innovative technological development, and be utilized to enhance the ability to disseminate information within the Group and to the outside world. The center will also function as an evacuation facility for local residents in the event of a disaster.

History of KITZ Group

Initial founding, and building a production and sales network
1951 Toshio Kitazawa founded the Kitazawa Factory. The Nagasaka Plant and Toshio Kitazawa, Founder
  The Nagasaka Plant was completed and the manufacture and sales of cast bronze valves started.
1952 Nationwide distributors' association was organized, marking the establishment of a distribution system for the domestic market.  
1959 Started manufacturing brass rods.
Expansion of product range and growth into an all-round valve manufacturer
1962 Company name was changed to Kitazawa Valve Co., Ltd.
  Japan's first forged brass valves called FH and FS introduced.
1967 Started manufacturing and selling ductile case iron valves and stainless steel valves.
1968 Started manufacturing and selling butterfly valves.
1969 Started manufacturing and selling cast iron valves.
1974 Started manufacturing and selling cast steel valves.
1975 Changed Japanese-character company name (still Kitazawa Valve Co., Ltd. in English).
1977 Listed on the Second Section of the Tokyo Stock Exchange.
1978 KITZ became a registered trademark.
1980 Introduced a cast bronze valves designed handwheel, "CHRYSANTHEMUM-HANDLE®", created in cooperation with Mr. Sori Yanagi (1915 - 2011), a prominent Japanese industrial designer.
1984 Listed on the First Section of the Tokyo Stock Exchange.
Establishment of the trusted KITZ brand
1985 Yusuke Shimizu was appointed as President.
Toshio Kitazawa, Chairman (left) and Yusuke Shimizu, President
1989 The Nagasaka and Ina plants obtained ISO 9001 quality management system certification, making KITZ the first Japanese company to receive this certification.
1991 Spanish ball valve manufacturer ISO S.A. (currently KITZ Corporation of Europe, S.A.) joined the KITZ Group.
1992 Changed name to KITZ Corporation and moved the head office to the Makuhari district of Chiba City.
1995 Shimizu Alloy Mfg. Co., Ltd. joined the KITZ Group, enabling the group to begin supplying products for water supply systems.
1999 KEEPALLOY environmentally friendly lead-free dezincification-resistant brass bars are developed and announced.
Accelerating selection and concentration, and promoting globalization
2001 Kimio Kobayashi was appointed as President.
Yusuke Shimizu, Chairman (left) and Kimio Kobayashi, President
  Purchased the semiconductor related business from the former Benkan Group.
2002 Carried out impairment of assets and reconstructed poorly performing business operations.
2004 Toyo Valve Co., Ltd., another well-known Japanese valve manufacturer, joined the KITZ Group.
  Separated and reestablished the brass bar manufacturing and microfilter (MF) business as separate entities.
2008 Yasuyuki Hotta was appointed as President.
Yasuyuki Hotta, President (left) and Kimio Kobayashi, Chairman
2009 Perrin GmbH, a ball valve manufacturer in Germany, joined the KITZ Group.
2012 Launched ultra-high pressure ball valves for hydrogen stations.
2015 Indian industrial valve manufacturer Micro Pneumatics Pvt. Ltd. joined the KITZ Group.
  Brazilian industrial ball valve manufacturer Metalúrgica Golden Art's Ltda. joined the KITZ Group.
2018 Korean industrial butterfly valve manufacturer Cephas Pipelines Corp. joined the KITZ Group.
2019 Consolidated operating income for the fiscal year ended March 2019 was a record-high ¥11,713 million.
2021 Marking our 70th anniversary  
  Makoto Kohno was appointed as President.
Makoto Kohno, President (left) and Yasuyuki Hotta, Chairman


» Check the History section of our website to learn more.

Looking at the KITZ Group by Numbers

Net Sales

Fiscal year ended December 31, 1951 ¥29 million ->
Fiscal year ended March 31, 2020 ¥127,090 million

Number of Employees

Founding 11 ->
Fiscal year ended March 31, 2020 5,048

Global Network

Founding 1 country ->
Fiscal year ended March 31, 2020 18 countries

Number of Product Items

Founding Several items ->
Fiscal year ended March 31, 2020 Approx. 90,000 items

 

To be a 100-Year Company

In May 2019, the KITZ Group clarified its 2030 Vision. As quantitative targets, we have set a net sales annual growth rate of 4%, EPS (earnings per share) annual growth rate of 7% and ROE (return on equity), an indicator of management efficiency, at 12%. In our core valve manufacturing business, we have set the slogan of becoming the "World Strong No. 2" by 2030. In the world rankings of valve manufacturers (by sales, KITZ estimate), four companies including the KITZ Group are currently in the third place group with virtually no difference between them. Our goal is to rise up into a solid second place.

KITZ Group Vision

In formulating the fourth Medium-Term Management Plan, we have set out a clear vision for 2030. In quantitative terms, we have set the targets of attaining an average annual growth rate of 4% for net sales, an average annual growth rate of 7% for earnings per share (EPS) and return on equity (ROE) of 12%. We want to make the fourth Medium-Term Management Plan a step toward growth with a view to achieving these targets.

1. 2030 Vision

2. Management Targets

3. Numerical Target

Growth Profitability Efficiency
Net Sales Annual Growth Rate 4% EPS Annual Growth Rate 7% ROE 12%


4. ESG and SDG Initiatives

In March 2020, the KITZ Group announced its Sustainability Commitment and Sustainability Slogan, which serve as important guidelines for promoting its sustainable management. The Sustainability Commitment is a promise to all stakeholders as the KITZ Group aims to continuously be sustainable and raise social value. The Sustainability Slogan is a guidepost for all KITZ Group employees to realize the Commitment.

Commitment
Create a Society That Lives Together in Harmony with the Earth through Our Fluid Control Businesses

Since its founding in 1951, KITZ has supported infrastructure indispensable for our lives and industries through its fluid control-related business activities encompassing long years of involvement in materials development and has undertaken regional promotion and environmental conservation activities to fulfill its corporate social responsibility (CSR).

We wish to create a sustainable society where all people on earth can live their lives with peace of mind. To create the ideal society, we believe companies must achieve sustainable growth while working to solve social issues and protect the global environment through business activities.

Working toward realizing a sustainable society, the KITZ Group takes a sincere approach toward the earth and its inhabitants and will raise both its corporate and social value.

Slogan
Create the Future /
Preserve the Future

Create the Future

The KITZ Group will act and take on challenges without fear of change and create a new future aimed at realizing a recycling-based society which is friendly to the earth and people.

Preserve the Future

The KITZ Group will continuously protect the earth's finite resources and people's lives and will work to realize a society in which we can preserve things for the next generation.

We highlighted the further enhancement of ESG initiatives as a key theme under the fourth Medium-Term Management Plan that started in FY2019. On March 2020, we visualized the Sustainable Development Goals (SDGs) that are closely aligned with KITZ's important initiatives for March 2020. We will further strengthen initiatives implemented to the present while accelerating sustainable management and contributing to the achievement of the SDGs.

ESG-based Initiatives and SDGs
Major item Sub-item Specific implementation item SDGs
Environment
Contributing to the conservation of the global environment through business activities
Measures against global warming 1. Maximize contribution to environment through products and services ①Develop, manufacture, and sell brass bar materials (lead-free materials and cadmium-free materials) that are friendly to both people and the environment Goal 3: HealthGoal 6: Water and SanitationGoal 7: EnergyGoal 12: Sustainable consumption and productionGoal 13: Climate Change
②Expand disinfection and purification equipment that realizes safe water treatment
③Supply products that are compliance with the RoHS directive and REACH regulation
④Development of products that are compliant with the field of clean energy
2. Minimize environmental burden in business activities ①Promotion of activities to reduce the volume of greenhouse gas emissions such as CO2
②Promote energy-saving activities through improvement of productivity
③Promote reduction, reuse, and recycling of water resources and waste
3. Prevent environment pollution on a group-wide and global basis ①Identify chemical products that contain toxic substances and promote alternatives
②Promote risk reduction activities at production bases in Japan and overseas
Social
Valuing human resources, safety, and local communities
1. Promote diversity and inclusion of human resources ①Introduce and consolidate a personnel system that facilitates work Goal 5: Gender equality and women's empowermentGoal 8: Economic GrowthGoal 10: Inequality
②Initiatives of equal pay for equal work
③Promote active roles for female employees
④Appoint and develop global human resources
⑤Enhance systems that support work-life balance
2. Foster a corporate culture that values safety, health, and human rights ①Create a work environment which is safe and healthy to work in
②Do not act in a manner that is prejudicial, discriminatory, a violation of human rights or unjust in relation to nationality, religion, or race, etc.
3. Appropriate business activities ①Promote supply chain management through fair trading
②Pursue customer satisfaction by securing quality and safety
4. Social contribution activities ①Promote social contribution activities
Governance
Fair management
1. Establish a sound corporate governance system ①Effective operation of a Nomination Committee and an Executive Compensation Committee Goal 16: Peace, justice and strong institutions
②Appoint female executives
③Enhance internal controls (internal audit) under the Companies Act in addition to J-SOX
2. Improve management transparency and strengthen the management oversight system ①Share information by implementing the Four-Party Audit and Supervision Meeting, which adds outside directors to the Tripartite Audit Assembly (Audit & Supervisory Board, Accounting Auditor, Internal Audit Office)
②Audit and supervision of Group companies by outside directors
③Enhance Internal Audit Office
3. Strengthen the effectiveness of the Board of Directors ①Strengthen governance through the appointment of outside directors with wide-ranging knowledge and experience and stimulate the Board of Directors
②Implement evaluation of effectiveness of the Board of Directors and address issues