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Hitachi Koki Co., Ltd ,a leading manufacturer of power tools and life-science equipment, announced on November 1 that the company will change its corporate name to Koki Holdings Co., Ltd., effective June 1, 2018, and will rebrand its full line of power tools known as HITACHI and/or Hitachi Koki under the new HiKOKI ®️ (pronounced “hai-koh-key”) name, effective October 1, 2018. The name changes are in line with the company’s ambitious international growth strategy, aimed at ensuring sustainable growth while expanding business in the nearly 100 countries in Hitachi Koki’s global network.

Hitachi Koki’s world-class advanced technologies have produced reliable and innovative products throughout its celebrated 70-year history, which serve as the basis for its new partnership with KKR, one of the world’s preeminent private equity groups. Through the new partnership, Koki Holdings is streamlining operations and accelerating investment in organic development and acquisitions to enhance its global businesses as a worldwide leading manufacturer.

“We have delivered award-winning innovation in manufacturing with a solid business performance for over 70 years, and now is the time for us to focus on expansion as a truly global company while remaining rooted to our Japanese tradition,” said Osami Maehara, President, Hitachi Koki. “We have fully committed to accelerating growth alongside a dynamic new partner in KKR as we pursue our goal to become a global leader in power tools and life-science instruments. We are confident we can take our business to the next level with the support of all our employees and partners worldwide, and the revamping of the brand name is the first step to making this possible. We look forward to continuing to build a brand that exceeds the expectations of discerning customers around the world.”

The HiKOKI brand was created to embody the three core competencies of the company, including its innovative technologies that give rise to products with superior performance, the reliability of its products and services backed by a 70-year company history, and the potential for new business growth represented through the new partnership with KKR. For ease of pronunciation, the new brand name uses a lowercase “i” in its first syllable, and includes the implicit numeral “1” to express the company’s commitment to providing customers with the “No. 1” products on the market, and its aim to achieve “No. 1” global status.

The new corporate name, Koki Holdings Co., Ltd., is designed to maintain continuity with its current name, while also reflecting the multiple brands it encompasses around the world, and accelerate investment in acquisitions to expand its global business.

Distributed throughout Southern Africa

As the gateway to Africa, South Africa will play a leading role in the launch of HiKoki on our continent.

Matus a Division of Brandcorp (PTY) LTD is proud to be partnering with Koki Holdings on such an exciting launch as the sole distributor of HiKOKI products. We look forward to a continuation of great innovation, great service and great growth.

Timeline

Company Formed

1910
Completed the first large-scale DC electric locomotive to be manufactured in Japan.
1924
Hitachi Koki was founded.
1948

Production reaches 1 Million units

1957

5 Million units

1968

Export power tools to the U.S.A

1973

Cordless Drills introduced

1979

30 Million Units

1985

Established R & D Centre

1988

ISO 9002 Certification

1995
The Progress Prize of the Japan Electrical Manufacturers’ Association obtained
1997
Hitachi Koki acquires Nikko Tanaka Engineering
2007

Hitachi Koki Co Ltd acquired German power tools manufacturer Metabo
2015

KKR buys Hitachi for $1.3 Billion

2017

Hitachi becomes Hikoki

2018

Hitachi becomes Hikoki in SA

2019

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