Kanaden's Past Developments

  1. 1907

    The birth of Kanagawa Electric Limited.

    Fukuichiro Matsuda, the general manager of Kanagawa Electric Lighting, took charge of part of the trading department of his old company and split it off, establishing Kanagawa Electric Limited at Nakamonzen 2-1, Shiba-ku, Tokyo-shi (present day Shibadaimon 2-chome, Minato-ku).
    According Kanaden's second president Goro Takamori (who joined the company in December 1915), this is what it looked like:
    "Both the land and building were borrowed from a pawnshop. Since it was a pawnshop, it was completely surrounded by storehouses and had an inner courtyard. We renovated the Japanese-style living quarters to make an office."

    Head offices of Kanagawa Electric Limited located at was is now Shibadaimon 2-chome.
  2. 1912

    Passing of Emperor Meiji, Enthronement of Emperor Taisho

  3. Beginning of the Taisho Era

    The Birthplace of Kanaden

    This pictorial map depicts the Aoki district of Yokohama at the beginning of the Taisho era. At the center top of the map the text "洲崎大社" can be seen, but its correct name was "洲崎大神" (Susaki Okami, or "Susaki Shrine"), and even today, it is worshiped by local residents. One year before Minamoto no Yoritomo established his shogunate, in the year 1191, the Susaki Shrine was established when the divine spirit of the Awa-jinja Shrine in Chiba Prefecture was moved there. If you trace downward along the road extending toward the roadside canal from in front of the Susaki Shrine, you can see a building displaying a sign for "Kanagawa Electric Lighting" on a side facing the roadside canal. If you strain your eyes even more, you can see the characters for"電灯" (electric light) written there.

  4. 1922

    Starting the sale of Mitsubishi Electric Fans

    First Electric Fan (12 Desktop Fan)

    When Mitsubishi Corporation developed electric fans as a new product in the summer of 1922 and began selling them through Mitsubishi Shoji, the fans were a huge hit. Kanaden made deliveries to electrical stores in Tokyo, as well as to light companies and rail companies in large volumes, and asked to sell the fans. Its customers included the Tokyo Electric Light Company (now Tokyo Electric Power), Keihin Railway Company (now Keikyu Corporation), Keio Corporation, Keisei Electric Railway Company, Oji Denki Kido Company, along with regional companies including Nagano Electric Railway Company and Kofu Electric Power Company.
    Annual production of the fans was around 30,000 units, and at Kanaden distributed about ten percent, or 3,000 of them. Thereafter, the fans were spread throughout Japan and even exported to Southeast Asia and Taiwan as a renowned Japanese fan.

  5. 1923

    Great Kanto Earthquake

  1. 1933

    Leading Product, the Mitsubishi Motor

    The following is a breakdown of the major products Kanaden continually stocked.

    • Mitsubishi Products: Motors, electric fans, arresters, etc.
    • Teraoka Seisakusho Products: Black tape, rubber tape, linotape, empire cloth, empire paper, empire tubes, tared cloth, varnish
    • Japan Mica Industrial Products: Micanite paper, flexible Micanite, Micanite plates
    • Arisawa Manufacturing Products: Cotton tape, gas tape
    • Nippon Carbon Products: Carbon brushes for motors (some imported items)
    • Hokuetsu Paper Products: Fiber board
    An early Showa period product catalogue issued by Kanaden
  2. 1942

    New plant established to produce munitions

    A new foundry was established in Kawaguchi, Saitama, to produce cable heads and joint boxes. Until then, Chuo Doryko Co., Ltd. in Kuwana, Mie Prefecture had been asked to produce the goods under contract, which were then machined and assembled by Kayo Kogyo Co., Ltd. in Shiba/Hamamatsucho, for delivery, but the war expanded, it became difficult to transport goods. As a consequence, Kanaden acquired the Ishikawa Foundry (1-1-11 Iizuka, Kawaguchi) and welcomed its manager Takemori Ishikawa and two others to join Kanaden. Seizaburo Tsukihashi assumed the role as the first acting manager of the plant, and the plant was started with eight workers.
    The Kawaguchi Plant mainly performed work related to the Japanese Navy, and in February 1944 was designated as a plant under naval supervision. The plant did business with units in Yokosuka (Yokosuka Ammunition Factory Construction Unit, Yokosuka Naval Fuel Depot No. 1), Kure (Kure Ammunition Factory, Hiro Ammunition Factory Construction Unit), Sasebo (Sasebo Ammunition Factory Accounting Department, Munitions Department, Construction Department), as well as the Toyokawa Naval Arsenal, Hikari Naval Arsenal, Dai-ichi and Dai-ni Naval Ammunitions Arsenals, and the Dai-ni and Dai-san Naval Fuel Arsenals.
    Although machining was outsourced to Funakoshi Tekko Co., Ltd., pressured by the need to engage in continuous operation, the construction of a new machinery plant was planned. However, the company found it difficult to obtain permission, and finally received permission in May 1943, with added conditions.
    At precisely that moment, the Japanese military was forced to withdraw from Guadalcanal, and the German army had suffered a crushing defeat at the hands of the Soviet army in the Battle of Stalingrad. Japan was already suffering serious material shortages, and even though approval for the new plant was received, construction was marred by slow progress. Construction of the plant was finally completed six months later in November.
    Also from around this time Kanaden began to manufacture safety belt fasteners on order from Mitsubishi Electric's Setagaya factory.

  1. 1951

    Distribution contract concluded between Yokogawa Electric Works, Ltd. (currently Yokogawa Electric, Inc.) and our Osaka branch office (currently Kansai District Office)

  2. 1953

    NHK television begins live broadcasts in the Tokyo district.
    Nippon Television begins live broadcasts.
    Mitsubishi Electric establishes radio manufacturing plant.
    →This year is also described as the "first year of domestic electrification."

  3. 1954

    NHK opens television stations in Osaka and Nagoya.
    Mitsubishi Electric opens Shizuoka Works.
    Mitsubishi Electric releases the "Windeya" room air conditioner.

  4. 1955

    Radio Tokyo opens a television station.
    From the second half of this year the economic boom of the mid-1950s begins. As Japan enters the era of domestic electrification, the television, washing machine and refrigerator become known as the new "three sacred treasures."

  5. 1961

    Very strong demand for electric fans develops.
    Two-part electric washing machines arrive.

  6. 1962

    The number of television subscribers tops ten million, with adoption rate of 48.5%

  7. 1963

    Kanaden is listed on the second section of the Tokyo Stock Exchange.

    On May 15 of this year, marking the 56th anniversary of the company, Kanaden was listed on the second section of the Tokyo Stock Exchange and trading of its shares commenced.
    On the day, the shares started at 235 yen, with a bid price and final value of 207 yen.

  8. 1967

    Kanaden's company song is created.

    Musical score of the
    company song

    To celebrate the company's 60th anniversary, entries were solicited from all employees. A verse from Yoshiro Takamori, who was then the general manager of the General Affairs Department, was selected, and a lyrics was created by selection committee member Tomojiro Ikenouchi, Tokyo University of the Arts professor.

  9. 1967

    Japan enters the era of the 3Cs (color television, cooler and car).

  10. 1970

    The "Kanaden" trademark is registered.

  11. 1971

    Separation of the Household Electric Goods Division

    Due to the appreciation of the yen and excess capital investment due to the Nixon Shock, sales of electrical appliances, which had been strong, gradually began to show signs of decline.
    To take advantage of the second electrical appliance boom, Mitsubishi Electric established district sales companies around Japan one after another from October 1970 to September 1971. This spurred the development of niche markets and sales companies specializing in department stores or mass retailers.
    To adapt to these developments by Mitsubishi Electric, Kanaden began to split off its Household Electric Goods Division, with over 300 employees transferred to the newly established company.

  12. 1971

    Agent contract concluded with Japan Aviation Electronics Industry, Limited

  13. 1971

    United States unveils measures to protect the dollar (Nixon Shock).

  14. 1978

    Record demand for room air conditioners due to unprecedented extreme heat

  15. 1979

    Spotlight moves to industrial robots.

  1. 1989

    Kanaden is listed on the First Section of the Tokyo Stock Exchange, and shareholders are issued a commemorative dividend of two yen to celebrate the listing.

    On September 1, in response to instructions from the Tokyo Stock Exchange, Kanaden's long-desired listing on the First Section of the Tokyo Stock Exchange was decided. For 26 years since the company was listed on the Second Section of the Tokyo Stock Exchange on May 15, 1963, Kanaden had made concerted company-wide efforts to get listed on the First Section. As a result of meeting the myriad requirements such as improving business performance, expanded paid-up capital, increasing shareholder numbers, stable dividends, growing yields on the sale of shares and expanded offices, Kanaden became on the only top Mitsubishi Electric distributor to be listed on the First Section.
    On the day of its listing, its shares started at 1,200 yen and ended at 1,150 yen.
    In addition, an increased dividend of two yen was issued to commemorate the listing.

  2. 1990

    Company name changed

    There had been calls to change the company name for a decade prior. This was because the existing name of "Kanagawa" gave the impression of a specific region. It was also hoped that a company name change would have an effect of recruitment activities. Moreover, at the time companies were actively embracing "Corporate Identity" efforts and an increasing number of companies had changed their corporate names to highlight their individuality. Furthermore, with the company's move to a First Section listing on the Tokyo Stock Exchange its social recognition had increased, and heading into the 21st century it wanted to establish a corporate image that better conveyed new strides forward and reliability. As a result, on October 1, the company began its new start as Kanaden Corporation.

    The KEC Logo
  3. 1990

    Entries for the company song of the "New Kanaden" are solicited.

    The original company song had been chosen from among entries by all employees back in 1967. In 1990, the company sought a new song to celebrate the birth of the "New Kanaden." A new company song with lyrics from Yasuo Odagiri, who was then the assistant general manager of the Electronics Sales Division, was composed by musician Noriaki Yamanaka. The endearing melody was well liked and continues to be sung today.

  4. 1991

    Local subsidiary KANADEN CORPORATION (H.K.) LTD. established.

  5. 1991

    Local subsidiary KANADEN CORPORATION SINGAPORE PTE. LTD. established.

  6. 2002

    Local subsidiary KANADEN CORPORATION (S.H.) LTD. established.

  7. 2007

    Kanaden celebrates its 100th anniversary.

  8. 2008

    Establishment of the brand logo

  9. 2008

    Establishment of the Kanaden Group Philosophy

  10. 2010

    Branch office of the local subsidiary (KANADEN CORPORATION (S.H.) LTD.) established in Shenzhen

  11. 2011

    Branch office of the local subsidiary (KANADEN CORPORATION (S.H.) LTD.) established in Tianjin

  12. 2013

    Local subsidiary KANADEN (THAILAND) CO., LTD. established.

  1. 2019

    The headquarters of Kanaden Corporation was relocated to Harumi, Chuo-ku, Tokyo, Japan

  2. 2019

    Local subsidiary KANADEN (VIETNAM) CO., LTD. established.

  3. 2020

    Local subsidiary KANADEN TRADING (THAILAND) CO., LTD. established.

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