The company was founded on 15 March 1937. The headquarter is located in Japan. The subsidiaries are Precision Tsugami, Tsugami (Thai) Co. Ltd., Tsugami Universal Pte Ltd., Tsugami GmbH, Tsugami Precision Co. Ltd., Tsugami Korea Co., Ltd. Tsugami Machinery Co., Ltd, and Shinagawa Precision Machinery (Zhejiang) Co. Ltd.
The head office of Precision tsunami is located in Tokyo, Japan. The business activity of the corporation includes manufacturing and sales of precision machine tools.
If you are interested to read the history and how they reached their position where they are today, then click here.
Tsugami Corporation is well aware of its responsibility toward sustainability. The company is achieving its target in two groups, mid-term and long-term targets.
As per the company news, “Scope1: Direct emissions mainly from the burning of fuels in business activities”
“Scope2: Indirect emissions associated with the use of electricity, etc. purchased from third parties”
“The Company has been promoting a range of initiatives toward achieving carbon neutrality by 2050 and has been steadily reducing CO2 emissions from domestic business activities.
In the coming year, it will continue to strengthen and accelerate initiatives, for instance by introducing and continually renewing energy-saving equipment, expanding the use of renewable energy, promoting manufacturing technology innovation at its plants, and developing new products that contribute to energy-saving and improved production efficiency.”
“The Company realizes that climate change is a significant issue and that efforts to realize carbon neutrality are essential to society and the Company’s sustainable growth.
Through initiatives to realize carbon neutrality by 2050, the Company will strive to contribute to achieving the goals set by the Japanese government, namely a reduction in greenhouse gases of 46% by 2030 (compared to 2013) and a decarbonized society by 2050.”
The company established its Sustainable committee in April 2021 and signed the United Nations Global Compact in May 2021.
The Tsugami Group’s 10 principles to enact the four areas of human rights as per the United Nations Global Compact,
Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
Principle 2: make sure that they are not complicit in human rights abuses.
Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
Principle 4: the elimination of all forms of forced and compulsory labour;
Principle 5: the effective abolition of child labour; and
Principle 6: the elimination of discrimination in respect of employment and occupation.
Principle 7: Businesses should support a precautionary approach to environmental challenges; Principle 8: undertake initiatives to promote greater environmental responsibility; and
Principle 9: encourage the development and diffusion of environmentally friendly technologies
Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.
A live demo of one of their machine, CNC Lathe Mi06JCM-II, @Pragati Maidan, Delhi,
The details of the machine can be found here.