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History

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1970s

Oct. 1970

Established Harmonic Drive Systems Inc. in Tokyo, Japan as a joint venture between Hasegawa Gear Works, Ltd. and USM Co., Ltd.
Nov. 1970

Started manufacturing Harmonic Drive speed reducers at the Matsumoto Plant in Nagano, Japan.
Nov. 1970 Concluded a non-exclusive agency agreement with Mitsui & Co., Ltd.
Sep. 1976 Capital reduced to ¥100 million and the company became a wholly-owned subsidiary of USM Co., Ltd.
Nov. 1977 Started manufacturing and selling Mechatronics.

1980s

Nov. 1980 Concluded a distributorship agreement with Mitsui & Co., Ltd. for sales of Harmonic Drive Systems Inc. products in Japan - the agency agreement was terminated.
Dec. 1984 Established sales agents in Taiwan and Korea for market development.
Feb. 1987 Established subsidiary company HD Systems, Inc. for expanding into the U.S. market.
Apr. 1987 Concluded a distributorship agreement with Mitsui & Co., Ltd. for sales of Harmonic Drive Systems Inc. products in Korea.
Jun. 1988 Started manufacturing and selling Harmonic Drive speed reducers with the newly-developed IH tooth profile.
Feb. 1989 Established "new" Harmonic Drive Systems Inc. as a wholly-owned subsidiary of "former" Harmonic Drive Systems Inc.
Apr. 1989 "Former" Harmonic Drive Systems Inc. was taken over by Koden Electronics Co., Ltd.

1990s

Dec. 1990 Moved production base from the Matsumoto Plant to the Hotaka Plant.
Mar. 1996 Concluded an exclusive distributorship agreement with Harmonic Drive Antriebstechnik GmbH, the current Harmonic Drive SE, in Germany for sales of Harmonic Drive Systems Inc. products in Europe, the Middle East, Africa, India and Latin America.
Dec. 1996 Concluded a license and technical support agreement with Harmonic Drive Antriebstechnik GmbH(the current Harmonic Drive SE).
Mar. 1998 Listed on the Japan Securities Dealers Association over-the-counter market.
Apr. 1999 Established subsidiary HD Logistics, Inc.
Jul. 1999 Established subsidiary Harmonic Precision, Inc.

2000s

Jul. 2002 Acquired 25% issued shares in Harmonic Drive AG(the current Harmonic Drive SE).
Apr. 2003 Established subsidiary Harmonic AD, Inc.
Dec. 2004 Listed on Jasdaq Securities Exchange, Inc.
Dec. 2005

Established subsidiary Harmonic Drive L.L.C. in the U.S. as a joint venture between HD Systems, Inc. and Harmonic Drive Technologies Nabtesco Inc.

May. 2007

Formed a business and capital alliance with Winbel Co., Ltd. (now a consolidated subsidiary)
Sep. 2008 Acquired an additional 10% of the shares of the German affiliate Harmonic Drive AG(the current Harmonic Drive SE) (now an equity method affiliate; current ownership ratio of 35%)
Oct.–Nov. 2008

Formed a business and capital alliance with Ome Iron Casting Co., Ltd. (now an equity method affiliate)

Feb. 2009 Terminated all distributorship and exclusive agency agreements with Mitsui & Co., Ltd.

2010s

Apr. 2010 With the merger of the Osaka Securities Exchange and the JASDAQ Securities Exchange, the listing market changed to the OSE JASDAQ market.
Oct. 2010 With the integration of the OSE Hercules, JASDAQ and NEO markets, the listing market changed to the OSE JASDAQ Standard Market.
Jan. 2011 Established subsidiary company Harmonic Drive Systems (Shanghai) Co., Ltd.
Feb. 2013 Established subsidiary company SAMICK ADM Co., Ltd.
Jul. 2013 With the merger of the Tokyo Securities Exchange and Osaka Security Exchange, the listing market changed to the TSE JASDAQ market.
Mar. 2017 Acquired an additional 63.2% of the shares of the German affiliate Harmonic Drive AG(the current Harmonic Drive SE) together with Innovation Network Corporation of Japan (INCJ), making it a jointlyowned subsidiary company. (Current ownership ratio: HDSI increased from 36.8% to 74.7%; INCJ: 25.3%)
Jan. 2019

Completed "Matsumoto Factory" in Shin-Matsumoto Industrial Park, Matsumoto City, Nagano Prefecture.
Sep. 2019

Completed "Ariake New Factory Building" in Hotaka Ariake, Azumino City, Nagano Prefecture.

2020s

Nov. 2020

Held a ceremony to commemorate the 50th anniversary of the foundation.
Feb. 2021 Acquired 49% of the shares of US corporation Harmonic Drive LLC (currently a consolidated subsidiary) from Nabtesco Co., Ltd. and made it a wholly owned subsidiary.
Jun. 2021 Acquired additional shares of Winbell Co., Ltd. (currently a consolidated subsidiary) and made it a wholly owned subsidiary.
Jul. 2021 Acquired additional shares of German corporation Harmonic Drive SE (currently a consolidated subsidiary) and made it a wholly owned subsidiary.
Apr. 2022 Moved from JASDAQ (standard) to standard market in line with the review of the Tokyo Stock Exchange's market divisions.
May. 2022

Completed new Komagane Factory in Ako, Komagane City, Nagano Prefecture.
Apr. 2023 Changed the company name from Winbell Co., Ltd. to Harmonic Winbell Inc. (currently a consolidated subsidiary).

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