Report and greetings on recognition at the 10th Japan New Business Creation Awards

We are sincerely grateful for your great support always.

As we recently notified in our bulletin, TOYO SYSTEM`s CEO & President Mr. Hideki Shoji has received dual awards – the Small and Medium Enterprise Agency Director’s Award in the Entrepreneur Section and the Recovery Award – at the “10th Japan New Business Creation Awards” held on October 21 (Wednesday).


[Main Points in Recognition]
TOYO SYSTEM started as an enterprise for developing, manufacturing and selling charge-discharge battery test systems, rechargeable battery safety evaluation systems, and battery prototype manufacturing systems.
Conducting transactions with battery raw materials makers in the upstream to downstream manufacturers of electric and hybrid vehicles, etc., it is the only venture enterprise in the world that works on the development, manufacturing and sales of systems capable of performing highly precise inspections on rechargeable batteries that experience rapid and minute fluctuations due to current and voltage.
Based on data collected through development, manufacturing and sales of such systems, TOYO SYSTEM has launched a new consignment service which entails conducting charge and recharge test, safety test and analysis of batteries which are received from customers and are under development.
TOYO SYSTEM is an infrastructure venture essential in the society and aims to realize sales of 5 Billion Yen and current profit of 600 Million Yen within 2 years.
The business of TOYO SYSTEM, which is practically working on making Iwaki, Fukushima a “Smart Valley”, was deemed a worthy recipient of the award.


▲Extract from materials introducing the recipient
We express our gratitude for the support we have received from customers, suppliers, and the families of employees for their support in helping us receive this award.
Moving forwards as well, we will continue to work hard in our quest to become a company that achieves continued growth.