Tonokura Kikaiten Ltd. was founded in 2-35 Kayabacho, Taitou ward, Tokyo with a starting capital of ¥300,000.
In 1957, Professor Sakakibara of Tokyo Women’s Medical University led a research on an artificial heart-lung machine and presented it at the International Heart Surgery Conference in Mexico as part of the JETRO exhibit. The research got a favorable reception at the conference.
In order to streamline business operations and stimulate growth, the company changed from Tonokura Kikaiten Ltd. to TONOKURA IKA KOGYO CO., LTD.
As part of the Japanese Technology Assistance Program of the Colombo Plan, a set of Tow Nok Heart Lung Machine and heart surgery devices were exported to Indonesia. Professor Sakakibara of the Japan Heart Institute and Tokyo Women’s Medical University was sent to Indonesia as the head specialist. Again, the project was well-received.
A set of the Tow Nok Heart Lung Machine DC-5 was exported to Vladivostok University in the Soviet Union.
The company became the importer of Cordis Angio System products.
The company established a manufacturing division dedicated to making disposable perfusion sets used with heart-lung machines.
Operating capital increased to ¥100,000,000.
The head office relocated to Bunkyo ward in Tokyo.
Technowood Manufacturing Corporation was established in the Philippines.
Technowood America Corporation was established in the United States.
Technowood International Corporation was established in order to promote growth of overseas operations.
The head office relocated to Adachi ward, Tokyo
In order to consolidate the company brand, the company was renamed to TECHNOWOOD CORPORATION.
The customer service department moved into the headquarters in Adachi.
Technowood Holdings Corporation was established.
Technowood International Pte. Ltd. was established in Singapore.