{
  "spec_version": "4",
  "endpoint": "history",
  "stock_code": "4958",
  "company_name": "長谷川香料",
  "content_lang": "ja",
  "meta_lang": "en",
  "canonical_url": "https://the-shashi.com/tse/4958/decisions/",
  "api_url": "/api/4958/history.json",
  "updated": "2026-10-07",
  "license": "© 2026 Yutaka Sugiura. All rights reserved.",
  "attribution": "The社史 (the-shashi.com) — https://the-shashi.com/tse/4958/decisions/",
  "source": {
    "chapters": {
      "html_url": "https://the-shashi.com/tse/4958/",
      "primary": [
        "社史",
        "有価証券報告書",
        "新聞・雑誌記事"
      ],
      "extraction": "一次資料を読み合わせて執筆"
    },
    "long_term": {
      "primary": [
        "有価証券報告書"
      ],
      "extraction": "EDINET の XBRL、kabupro 掲載の旧有価証券報告書、会社年鑑・社史等からの転記",
      "row_field": "reference",
      "caveat": "創業期から現在までを 1 本に繋いだ長期系列のため、年代により出所・単位・連結範囲が変わる。行ごとの reference / unit / consolidation を必ず参照すること"
    }
  },
  "title": "長谷川香料の歴史概略",
  "eras": [
    {
      "title": "長谷川藤太郎商店の創業とエッセンスの製造開始",
      "start_year": 1903,
      "end_year": 1936,
      "phase": "founding"
    },
    {
      "title": "合成香料の製造と川崎・深谷工場の新設",
      "start_year": 1937,
      "end_year": 1976,
      "phase": "growth"
    },
    {
      "title": "深谷事業所への製造集結と東証一部上場",
      "start_year": 1977,
      "end_year": 2008,
      "phase": "maturity"
    },
    {
      "title": "総合研究所の新設とABELEIなど米国香料会社の買収",
      "start_year": 2009,
      "end_year": 2026,
      "phase": "maturity"
    }
  ],
  "overview": [
    {
      "label": "創業",
      "text": "1903年5月、長谷川藤太郎氏が東京市日本橋区本石町（現東京都中央区）で長谷川藤太郎商店を創業した。14歳から12年勤めた芳香原料の輸入商、松沢商店からのれん分けを受け、屋号「ヤマ八」を譲られての独立だった。当初は香料を仕入れて小間物屋や零細な化粧品業者へ卸す芳香原料商で、1910年に移った本銀町3丁目の地が、今の本社の所在地にあたる。1924年には蒸留器ランビキを図案にしたトレード・マークを特許局に登録した。"
    },
    {
      "label": "決断",
      "text": "卸で得意先を固めてから、自社の品を名乗る段へ進んだ店である。長谷川藤太郎氏は、東京で香料を扱う店が薬種問屋や化粧品製造所の兼業ばかりだった時期に、香料だけを扱う専門店として独立した。開店後は丁稚に注文取りを回らせ、小口に散らばる小間物屋と化粧品業者を得意先にまとめた。1910年に本銀町へ移ってからは本拠を動かさず、1924年にはランビキを図案にした印を商標として登録した。仕入れ販売の店が、自社の品を見分けてもらう必要に迫られていたことがうかがえる。"
    },
    {
      "label": "現況",
      "text": "現在の長谷川香料は、食品向けの香料で売上の9割を稼ぐ会社である。2025年9月期の売上高735億円のうち食品は658億円で、フレグランスは77億円にとどまる。地域別では日本が398億円と半分強を占めるものの、営業利益ではアジアの49億円が日本の38億円を上回った。一方で、2017年から買収を重ねた米国は159億円を売りながら3億円の赤字となり、連結の営業利益は前期の94億円から85億円へ減った。創業時に得意先だった化粧品向けの香料は、食品向けが伸びた結果、売上の1割ほどまで比重を下げた。"
    },
    {
      "label": "競合",
      "text": "国内の香料大手のなかでは、高砂香料工業より小さな売上で同じ水準の利益を上げている。[高砂香料工業](/tse/4914/)の2026年3月期は売上高2,251億円・営業利益81億円で、長谷川香料の2025年9月期は売上高735億円・営業利益85億円だった。売上高営業利益率では11.6%と3.6%の開きがある。業界の源流は重なっており、奉公先の松沢商店からは長谷川藤太郎氏に続いて1915年に曽田政治氏も独立した。ただし米国では買収した子会社を抱えてもセグメント損益が赤字で、国内の採算の取り方をまだ再現できていない。"
    }
  ],
  "profile": [
    {
      "key": "founding_business",
      "label": "祖業",
      "value": "芳香原料の卸・小売"
    },
    {
      "key": "current_issue",
      "label": "現在の注力課題",
      "value": "米国・東南アジアの香料会社の買収と中国での増産",
      "tags": [
        "M&A",
        "海外展開"
      ]
    }
  ],
  "lineage": {
    "path": "4958-lineage-top.v2.json"
  },
  "timelineLead": "1903年に長谷川藤太郎氏が東京・日本橋で創業した芳香原料商の長谷川藤太郎商店が起源。\n1924年に蒸留器ランビキを図案にした商標を登録し、1948年に食品香料事業へ参入した。国内香料大手の一角で、2025年9月期の売上高735億円のうち食品向けが658億円を占める。",
  "lineageLead": "芳香原料商の松沢商店からのれん分けを受け、1903年に長谷川藤太郎商店として創業した。\n1948年に株式会社へ改組し、1961年に長谷川香料を設立した。2017年には米国子会社が香料原料の会社を完全子会社化している。卸から製造へ移った同族企業が、海外での買収で領域を広げた。",
  "foundingStory": true,
  "summary": {
    "description": "長谷川香料の歴史を創業から現在まで一次資料でたどる。沿革・財務・歴代社長・大株主・セグメントの長期データを時系列で横断。"
  },
  "chapters": [
    {
      "start_year": 1903,
      "end_year": 1936,
      "main_title": "長谷川藤太郎商店の創業とエッセンスの製造開始",
      "subsections": [
        {
          "title": "松沢商店で年季奉公を終えた長谷川藤太郎氏と、日本橋本石町に掲げた看板",
          "text": "長谷川藤太郎氏は1891年、14歳で芳香原料の輸入商である日本橋の松沢商店に丁稚として入店した。入店から間もなく石鹸業界は生産過剰に陥り、長谷川藤太郎氏は香料だけを扱う専門店での独立を主人の松沢常吉氏に持ちかけた。当時の東京で香料を扱う4、5軒は、いずれも薬種問屋や化粧品製造所の兼業だった。松沢商店には年季を勤めた店員にのれんを分ける慣行があり、長谷川藤太郎氏は屋号「イゲタに八」の半分の「ヤマ八」を譲り受けた。1903年3月末、長谷川藤太郎氏は12年に及んだ年季奉公を終えた。長谷川藤太郎氏は、後に社長を務める長谷川正三氏の父にあたる。専門店の不在と奉公先の屋号という後ろ盾がそろったことが、独立を支えたとみられる。\n\n長谷川藤太郎氏は1903年5月1日、日本橋本石町4丁目に借りた店舗で長谷川藤太郎商店の看板を掲げた。奉公を終えてから開店までの1カ月を準備にあて、丁稚を3名ほど雇い入れた。店名に「香料」の語を入れなかったのは当時この語がまだ広まらず、芳香という言い方が通っていたためで、店は芳香原料商として出発した。同業者の東京香料商組合が10店前後で発足したのは1907年で、以後に創業した店は屋号に「香料店」を用いるようになった。長谷川正三氏は1995年、父の創業以来90年余りにわたり香料の製造と販売を続けてきたと振り返った。店名は、客に通じる言葉を優先して選ばれたと推察される。\n\n長谷川香料は、1903年5月に東京市日本橋区で長谷川藤太郎商店を設立し、香料の取扱を始めたと沿革に記している。開店当初は同業者が少なく、長谷川藤太郎商店の営業は早くから順調だった。当時の化粧品は小間物屋の店先で香油やクリームを量り売りし、作り手は零細な製造業者か、自店で作る小間物屋。長谷川藤太郎商店はこうした製造業者と小間物屋を主な得意先とし、丁稚が注文を取って回り、品を揃えて届けた。店頭での販売も見込みを上回り、評判を聞いた地方の商人も来店した。香料原料は主にドイツから輸入され、高価なため横浜港から運ぶ荷馬車には丁稚が付き添った。店舗は開店から1年ほどで日本橋小伝馬町へ移った。",
          "references": [
            {
              "title": "長谷川香料八十年史（1985）コマ40-54「創業時の長谷川藤太郎商店」",
              "year": null,
              "month": null,
              "date": null,
              "url": null,
              "quotes": []
            },
            {
              "title": "証券アナリストジャーナル 1995年8月 別冊付録 長谷川正三",
              "year": null,
              "month": null,
              "date": null,
              "url": null,
              "quotes": []
            },
            {
              "title": "フードケミカル 11(11) 1995年「インタビュー 長谷川香料(株)長谷川正三」",
              "year": null,
              "month": null,
              "date": null,
              "url": null,
              "quotes": []
            },
            {
              "title": "長谷川香料 有価証券報告書 第64期（2025年9月期）【沿革】",
              "year": null,
              "month": null,
              "date": null,
              "url": null,
              "quotes": []
            }
          ],
          "start_year": 1903,
          "opinionPos": [
            [
              309
            ],
            [
              284
            ],
            []
          ]
        },
        {
          "title": "本銀町三丁目に構えた今の本社の地と、エッセンスの製造と特許局への商標登録",
          "text": "長谷川藤太郎商店は1910年、日本橋区本銀町3丁目13番地へ移転した。この地番は1932年9月の町名・地番の改正で日本橋区本町4丁目9番地に変わり、場所としては現在の本社の所在地にあたる。1932年10月発行の日本橋区の地図にも、この地に長谷川藤太郎商店の名が載っている。創業地の日本橋区は、現在の東京都中央区の一部。同じ時期、奉公先の松沢商店は1907年に香料部を設け、1909年には化粧品部と香料部を分けた。松沢商店の出身者からは、1915年に曽田政治氏、1923年に篠崎四郎氏が香料商として独立した。同業の独立が相次ぐなかで日本橋の一角を動かなかったのは、得意先との取引を保つためだったと思われる。\n\n明治の後半には、輸入された調香済みの香料が高価で日本人の好みにも合わず、原料を輸入して国内で調香する動きが現れた。調香は洋書を手本にするか手探りで試すほかなく、石鹸工場の片隅で行われる作業だった。長谷川藤太郎氏は松沢商店の丁稚として、石鹸の製造や配達、営業と並んで調香の仕事も担った。1906年には中村菊五郎氏が平野水にエッセンスを加え、サイダーとして売り出した。香料の用途は化粧品と石鹸から、清涼飲料のような口に入る品へ広がり始めた。長谷川正三氏は1995年、自社の歩みを振り返り、香料全般を手がける会社へ育つうえで軸になったのは調合香料だったと語った。奉公時代に身に付けた調香の技能と卸で得た得意先が、自ら香料を調合する素地になったのだろう。\n\n長谷川藤太郎商店は1924年、トレード・マークを特許局に登録した。マークは蒸留器のランビキを図案にし、長谷川藤太郎氏の姓と名の頭文字を組み込んだものである。図案を定めた正確な年は分かっておらず、創業から間もない時期とされる。ランビキは植物から精油を取り出す水蒸気蒸留の器具で、この方法は採油でもっとも広く用いられる。マークのランビキは日本の在来の形と異なり、社史は洋書から写した図案とみている。香料の区分は、天然香料と合成香料、それらを混ぜた調合香料の3つ。天然香料を採る蒸留器を印に選んだことには、仕入れ販売にとどまらず香料の製造を志す長谷川藤太郎氏の意図が込められていたと考えられる。",
          "references": [
            {
              "title": "長谷川香料八十年史（1985）コマ40-54「創業時の長谷川藤太郎商店」",
              "year": null,
              "month": null,
              "date": null,
              "url": null,
              "quotes": []
            },
            {
              "title": "証券アナリストジャーナル 1995年8月 別冊付録 長谷川正三",
              "year": null,
              "month": null,
              "date": null,
              "url": null,
              "quotes": []
            },
            {
              "title": "フードケミカル 11(11) 1995年「インタビュー 長谷川香料(株)長谷川正三」",
              "year": null,
              "month": null,
              "date": null,
              "url": null,
              "quotes": []
            },
            {
              "title": "長谷川香料 有価証券報告書 第64期（2025年9月期）【沿革】",
              "year": null,
              "month": null,
              "date": null,
              "url": null,
              "quotes": []
            }
          ],
          "start_year": 1910,
          "opinionPos": [
            [
              301
            ],
            [
              322
            ],
            [
              293
            ]
          ]
        }
      ]
    }
  ],
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    },
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      "month": 9,
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      "company_name": "長谷川香料",
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      "company_name": "長谷川香料",
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      "company_name": "長谷川香料",
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      "company_name": "長谷川香料",
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      "company_name": "長谷川香料",
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      "month": 9,
      "company_name": "長谷川香料",
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      "year": 2010,
      "month": 9,
      "company_name": "長谷川香料",
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      "unit": "億円",
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      "company_name": "長谷川香料",
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      "company_name": "長谷川香料",
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      "net_profit_jp": "親会社株主に帰属する当期純利益",
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      "net_margin": 5.855,
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      "company_name": "長谷川香料",
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      "net_profit_jp": "親会社株主に帰属する当期純利益",
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      "net_margin": 7.76,
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      "year": 2014,
      "month": 9,
      "company_name": "長谷川香料",
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      "net_profit_jp": "親会社株主に帰属する当期純利益",
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      "net_margin": 7.126,
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      "month": 9,
      "company_name": "長谷川香料",
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      "sales": 472,
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      "net_profit_jp": "親会社株主に帰属する当期純利益",
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      "company_name": "長谷川香料",
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      "net_margin": 7.563,
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      "company_name": "長谷川香料",
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      "company_name": "長谷川香料",
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}
