Hoshizaki Corporation (6465.T) Bundle
From its founding in 1947 in Toyoake, Hoshizaki Corporation has grown into a global leader in commercial kitchen solutions-designing ice machines, refrigerators, dishwashers and more for foodservice, healthcare and research-backed by a workforce of approximately 16,061 employees and a market capitalization of about ¥727.66 billion (Dec 2025); the company's trajectory is underscored by robust financials, including ¥445.50 billion in revenue for 2024, a 19.26% year‑over‑year increase, and a mission to be an "Evolving Company" that anticipates changing eating needs, a vision focused on sustainability and human rights, and core values-Dream, Change, Broaden your horizons, Dedicated, and a belief that "Good product comes from a good environment"-that drive innovation, ethical practice, and long‑term value creation.
Hoshizaki Corporation (6465.T) - Intro
Founded in 1947 and headquartered in Toyoake, Japan, Hoshizaki Corporation (6465.T) designs, manufactures and sells commercial kitchen equipment worldwide. The company's core portfolio spans ice machines, refrigeration and freezing units, dishwashers, and specialized equipment for healthcare and scientific research. Hoshizaki's scale and financial trajectory underscore its market position and strategic priorities.
- Headquarters: Toyoake, Aichi Prefecture, Japan
- Founded: 1947
- Employees: ~16,061
- Stock listing: Tokyo Stock Exchange, Ticker 6465
- Market capitalization (Dec 2025): ¥727.66 billion
- Revenue (FY2024): ¥445.50 billion (YoY +19.26%)
Mission
Hoshizaki's mission centers on delivering reliable, high-efficiency foodservice and cold-chain solutions that enhance operational productivity, food safety and sustainability for customers globally. This mission is supported by investments in R&D, manufacturing quality controls and global after-sales service networks.
Vision
The company's vision emphasizes becoming the world's most trusted partner for professional kitchen and refrigeration systems by combining technological innovation, environmental stewardship and superior customer experience. Hoshizaki targets leadership in energy efficiency, hygienic design and lifecycle performance of equipment.
Core Values
- Quality & Craftsmanship - rigorous standards across product development and production lines.
- Innovation - continual R&D to improve energy use, ice production efficiency and sanitation.
- Customer Commitment - global service network and training to maximize uptime and value.
- Sustainability - reducing environmental impact through efficient compressors, refrigerants and recyclable materials.
- Safety & Compliance - adherence to international food safety and medical/device standards when applicable.
Financial & Operational Metrics Illustrating Mission-Vision Alignment
| Metric | Latest Figure | Notes |
|---|---|---|
| Revenue (FY2024) | ¥445.50 billion | Up 19.26% vs FY2023 |
| Market Capitalization (Dec 2025) | ¥727.66 billion | TSE listing: 6465 |
| Employees | 16,061 | Global manufacturing and service workforce |
| Product Segments | Ice machines, refrigerators, freezers, dishwashers, specialty equipment | Serving foodservice, healthcare, research markets |
For a deeper financial analysis and investor-focused breakdown of Hoshizaki's health and performance, see Breaking Down Hoshizaki Corporation Financial Health: Key Insights for Investors
Hoshizaki Corporation (6465.T) - Overview
Hoshizaki's mission is to be an 'Evolving Company' that contributes to society and customers by meeting the changing needs and demands for diversified 'Eating.' This mission underpins corporate strategy, R&D priorities and global market positioning, emphasizing continuous growth, adaptation and original product development that incorporates unique technology to create more comfortable and efficient dining environments.- Core mission focus: continuous evolution to respond to changing foodservice demands and lifestyles.
- Customer-centric innovation: develop original, technology-driven products for improved foodservice efficiency and comfort.
- Long-term consistency: the 'Evolving Company' concept has remained a guiding principle across business cycles.
- Strategic implications:
- Prioritize R&D and product design to anticipate industry trends (e.g., automation, energy efficiency, hygiene).
- Expand global sales channels while tailoring solutions to regional dining cultures.
- Leverage proprietary refrigeration, ice-making and foodservice equipment technologies to differentiate offerings.
| Metric | Value | Notes / Period |
|---|---|---|
| Consolidated net sales | ≈ ¥167.0 billion | FY2023 (approx.) - global product sales across refrigeration, ice machines, and foodservice equipment |
| Operating income | ≈ ¥13.5 billion | FY2023 (approx.) |
| Net income attributable to owners | ≈ ¥9.0 billion | FY2023 (approx.) |
| Employees (consolidated) | ≈ 4,800 | Manufacturing, R&D, sales and service worldwide |
| Primary listing | TSE Prime Market - 6465.T | Japanese equity market |
| R&D / Capex emphasis | Ongoing investments (single-digit % of sales) | Focus on product innovation, energy efficiency and hygiene technologies |
- Core values and cultural pillars:
- Innovation: develop original technologies and products to improve dining environments.
- Quality & Reliability: durable equipment and consistent performance for professional foodservice users.
- Customer Orientation: tailor proposals to operator workflows and evolving consumer tastes.
- Global Mindset: balance global scale with local customization and service.
- How the mission translates into measurable actions:
- Product pipeline: periodic launches of energy-efficient refrigeration and next-generation ice machines.
- Service expansion: strengthening after-sales service networks and preventive maintenance offerings.
- Sustainability: initiatives to reduce energy consumption and lifecycle environmental impact of equipment.
Hoshizaki Corporation (6465.T) - Mission Statement
Hoshizaki Corporation (6465.T) frames its mission around delivering durable, energy-efficient foodservice and refrigeration equipment while advancing corporate value through ethical, sustainable business practices. Rooted in a management philosophy that balances profitability with social contribution, the mission emphasizes product quality, operational excellence, human-centered workplaces, and environmental stewardship.- Deliver innovative, reliable products that reduce lifecycle energy and resource use.
- Maintain strict compliance, transparency, and trust across global operations and supply chains.
- Create equitable opportunities and safe working environments for all employees.
- Contribute measurable value to customers, partners, and local communities.
- Quality and Reliability - rigorous QA, long product lifecycles, and customer-first service.
- Sustainability - energy- and water-efficient designs, lower emissions, and waste reduction.
- Respect for People - human rights policies, diversity, health & safety programs.
- Compliance & Integrity - anti-corruption, supplier compliance, and transparent governance.
- Collaboration & Innovation - cross-border R&D and partnerships to accelerate green solutions.
| Metric | Value | Reference / Period |
|---|---|---|
| Founded | 1947 | Company history |
| Global employees (approx.) | ~5,000 | Company disclosures, consolidated |
| Manufacturing bases | Japan, Thailand, China, USA (multiple sites) | Corporate operations |
| Annual sales (approx.) | ¥140 billion | FY recent consolidated (approx.) |
| Global subsidiaries | ~20-30 | Consolidated group |
| Listed | Tokyo Stock Exchange - Ticker 6465.T | Public company |
- Energy reduction targets integrated into product development (high-efficiency compressors, refrigerants with lower GWP).
- Supplier guidelines addressing labor standards and environmental compliance across the supply chain.
- Programs to improve workplace safety, training, and inclusion at production and sales sites.
- Engagement in local community initiatives and global environmental reporting aligned to stakeholder expectations.
Hoshizaki Corporation (6465.T) - Vision Statement
Hoshizaki's vision centers on delivering trusted foodservice and refrigeration solutions worldwide by combining innovation, stable production, and socially responsible management. The vision is operationalized through core values that shape corporate behavior, product strategy, and financial discipline.- Dream - set ambitious long-term goals: expand global market share in commercial refrigeration and foodservice equipment while advancing sustainability and product reliability.
- Change - embrace continuous improvement: invest in R&D, automation, and digitalization to respond to evolving customer needs and regulatory environments.
- Broaden your horizons - pursue global growth: strengthen international production and sales channels and diversify markets across APAC, Europe, and the Americas.
- Dedicated management - prioritize compliance and trust: maintain rigorous legal compliance, transparent governance, and employee safety to preserve reputation and stakeholder confidence.
- Good product comes from a good environment - tie workplace culture to quality: cultivate safe, well-equipped factories and skilled teams to reduce defects and warranty costs.
- Do not use Money to make Money - focus on real-economy value creation: generate profit through manufacturing and sales of equipment, not financial speculation.
| Metric | Value (most recent fiscal year, approximate) |
|---|---|
| Consolidated net sales | ¥140-150 billion |
| Operating income | ¥8-10 billion |
| Net income | ¥5-7 billion |
| R&D investment | ~2-3% of sales (¥3-4 billion) |
| Employees (consolidated) | ~4,000-5,000 |
| Global export / overseas sales ratio | ~50-60% |
- R&D and capital expenditure prioritization: steady capex to modernize manufacturing lines and reduce energy use per unit, aligning with "Good product comes from a good environment."
- Conservative balance-sheet management: limited financial trading exposure, prioritizing reinvestment into production and product development in line with "Do not use Money to make Money."
- Management accountability: governance practices and compliance frameworks to uphold "Dedicated" principles and preserve stakeholder trust.
- Product reliability metrics: warranty claim rates and field-failure incidents reduced through improved QA and workforce training.
- Market resilience: a diversified revenue base from Hoshizaki's refrigeration, ice machines, and foodservice equipment has supported steady margins during demand fluctuations.
- Sustainability progress: energy-efficient product lines and factory improvements aim to cut lifecycle energy consumption and align with global decarbonization trends.

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