œHISTORY PROFILE


1905 Yozo Momoi begins to manufacture and sell twist yarn for fishing net under private management.
1935 Chugoku Fishing Net Mfg. Co., Ltd. is established with capital of 1.0 million. With the head office established at 760, Nakahirocho, Ako city, the company begins to manufacture and sell fishing net.
1947 Capital is increased to 30 million. Company name is changed to Momoi Fishing Net Mfg. Co., Ltd. State-owned land at 1576, Nakahiro, Ako city is sold to the company by the Ministry of Finance and the company begins to construct new plant. The company opens Tokyo Office.
1951 Synthetic fibers are adopted as materials for fishing nets.
1952 Capital is increased to 50 million. The present Head Office Plant is completed.
1955 Hakodate Office and Finishing plant are constructed.
1957 Momoi Company Inc. is established in U.S.A.
1959 The Thai Momoi Co., Ltd. an overseas affiliated company is established in Thailand.
1961 Capital is increased to 100 million. New Head Office is completed at the present location.
1962 The company opens Kobe Office to streamline the procedures relating to export and foreign exchange.
1965 The company opens Office at Ena, Iwaki city, Fukushima prefecture and constructs new Finishing Plant.
1966 The company opens Manila Representarive Office in Manila.
1967 The company establishes Chugoku Momoi Co., Ltd. in Onoda city, Yamaguchi prefecture. Capital is increased to 150 million.
1970 The company opens Shiogama Office.
1971 P.T. Indoneptune Net Mfg. Co. is established in Jakarta, Indonesia.
1973 The company purchases Nihon Polymer Co., Ltd. to begin operation in the field of production of floats.
1974 The company establishes Momoi International (HK) Ltd. in Hong Kong as a base for sales expansion to the overseas market.
1978 The Representative Office is opened is Santiago, Chile. Export of an integrated nylon fishing net production plant equipment to ’†‘ŒyH‹Ζ•i–fˆΥγ`ŒφŽiL“Œ•ͺŒφŽi.
1979 Marine Pioneers Inc. an overseas affiliated company, is established in the Philippines.
1980 Productora Nacional de Redes S.A. de C.V. is established in Mexico in conjunction with the Mexican Fishery Authority and the National Fishery and Port Bank.
(The company bought all shares of other partners for the company's full capitalization in 1987)
Momoi Canada Ltd. is established in Canada to strengthen sales activities.
1982 Rausu Office is opened in Rausumachi, Hokkaido.
1984 Longline manufacturing equipment is introduced to expand sales of longline.
1986 The start of the leisure business at golf driving range and accommodations in Chidori Marina.
1991 Union Building is newly completed at Monzennakamachi in Tokyo. The start of technological development. Entry into the assembly field of precision machines.
1992 MGM CO., Ltd. is established.
1993 Construction of Seaside Golf GardenEgolf driving range.
1997 Acguisition of approval for construction & navvy works (public works) to strengthen the business fields of the land.