{ "spec_version": "4", "endpoint": "history", "stock_code": "6218", "company_name": "エンシュウ", "content_lang": "ja", "meta_lang": "en", "canonical_url": "https://the-shashi.com/tse/6218/decisions/", "api_url": "/api/6218/history.json", "updated": "2026-10-04", "license": "© 2026 Yutaka Sugiura. All rights reserved.", "attribution": "The社史 (the-shashi.com) — https://the-shashi.com/tse/6218/decisions/", "source": { "chapters": { "html_url": "https://the-shashi.com/tse/6218/", "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": "エンシュウの歴史概略", "eras": [ { "title": "鈴木政次郎の足踏織機製作と遠州織機への改称", "start_year": 1904, "end_year": 1936, "phase": "founding" }, { "title": "工作機械への参入と東証一部上場", "start_year": 1937, "end_year": 1975, "phase": "growth" }, { "title": "ヤマハ発動機の受託生産と繊維機械営業の豊和工業への譲渡", "start_year": 1976, "end_year": 2009, "phase": "transformation" }, { "title": "中国青島とベトナムでの製造子会社設立", "start_year": 2010, "end_year": 2026, "phase": "maturity" } ], "overview": [ { "label": "創業", "text": "1904年（明治37年）、静岡県浜松市で合資会社鈴政式織機製作所が織機の製造を始めた。製品は遠州の地方の機屋に向けた小幅織機であった。1920年（大正9年）2月、合資会社は公称資本金200万円の鈴政式織機株式会社に改組し、喜多又蔵氏が社長として経営を率いた。1923年（大正12年）には社名を遠州織機株式会社に改め、のちに遠州製作を経て現在のエンシュウへ社名を改めた。1936年（昭和11年）には浜松市内から可美村高塚へ工場を移し、本社は現在もこの地にある。" }, { "label": "決断", "text": "織機の中身を作り替えることで、不況と輸入品を乗り切った会社である。1921年（大正10年）の財界不況に直面すると、阪本久五郎氏を支配人兼技師長に招き、製品を小幅織機から大幅織機へ切り替えて自動化に着手した。阪本久五郎氏は治具とリミットゲージを製造に取り入れ、部品をそろえて量産する体制を築いた。その結果、大正末期に管替式の自動織機を完成させ、昭和初期には輸入織機を国産品で置き換えて中国・インドなどへ輸出した。生産が増えて手狭になった工場は1936年に高塚へ移り、翌1937年には工作機械の製作を始めた。" }, { "label": "現況", "text": "収益を支えているのは、看板の工作機械ではなく受託の部品加工である。2026年3月期の連結売上高は192億円、営業利益は4億円弱であった。セグメントでは部品加工関連事業が売上124億円で7億円の利益を出した一方、工作機械関連事業は売上68億円で4億円の赤字となった。部品加工の最大の顧客はヤマハ発動機で、2025年3月期には同社向けだけで80億円を売り上げた。工作機械の売上は2023年3月期の132億円からほぼ半分に縮み、売上の過半を部品加工が占めるようになった。" }, { "label": "競合", "text": "工作機械では、専業の大手と規模の差が大きく開いている。2025年3月期の連結売上高はオークマが2,068億円、牧野フライス製作所が2,342億円で、エンシュウの219億円はその1割に達しない。同じ期にエンシュウの工作機械関連事業は売上99億円で11億円の赤字を出し、13億円の減損損失を計上した。一方で部品加工では、ヤマハ発動機という大口の顧客を抱えて受注の量を確保している。競争の場は汎用機の売り込みから、特定の顧客の部品を量産で加工する受託の現場へ移った。" } ], "profile": [ { "key": "founding_business", "label": "祖業", "value": "地方の機屋向けの小幅織機" }, { "key": "current_issue", "label": "現在の注力課題", "value": "赤字が続く工作機械関連事業の立て直し", "tags": [ "収益改善", "選択と集中" ] } ], "timelineLead": "1904年に静岡県浜松市で織機の製造を始めた合資会社鈴政式織機製作所が起源。\n大正末期に管替式の自動織機を完成させて輸入織機を国産品で置き換え、1937年には工作機械の製作に乗り出した。工作機械と受託の部品加工を手がけ、ヤマハ発動機を最大の顧客とする部品加工が売上の過半を占める。", "foundingStory": true, "summary": { "description": "エンシュウ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": 1904, "end_year": 1936, "main_title": "鈴木政次郎の足踏織機製作と遠州織機への改称", "subsections": [ { "title": "浜松の合資会社鈴政式織機製作所と、資本金200万円の株式会社への改組", "text": "エンシュウの前身は、1904年（明治37年）から浜松市で織機を製造していた合資会社鈴政式織機製作所である。製作所の製品は、地方の機屋に向けた小幅織機であった。合資会社の時代は、株式会社へ改組するまでの16年間にあたる。1920年（大正9年）2月の改組の後も、事業は小幅織機の製作に絞られた。株式会社の本社も浜松市に置かれ、製作所の所在地を引き継いだ。遠州の織物産地の機屋が近くで織機を調達したい需要をつかみ、家業として成り立ったとみられる。\n\n1920年（大正9年）2月5日、合資会社は鈴政式織機株式会社に改組した。改組を主導したのは、のちに社長となる喜多又蔵氏である。公称資本金は200万円で、払込資本金は50万円であった。払込は公称の4分の1にとどまり、残りは将来の払込に委ねた。製品は小幅織機に絞り、その製作に専従した。喜多又蔵氏は社長として経営を率い、1932年（昭和7年）6月に死去するまでその職にあった。払込を4分の1にとどめたのは、需要の伸びを見ながら資金を段階的に調達する方針だったと推察される。", "references": [ { "title": "インベストメント 8(1) 1955年「新規上場会社紹介 遠州織機」", "year": null, "month": null, "date": null, "url": null, "quotes": [] }, { "title": "会社銀行八十年史 1955「遠州織機」", "year": null, "month": null, "date": null, "url": null, "quotes": [] }, { "title": "株式会社年鑑 1950年版「遠州織機」", "year": null, "month": null, "date": null, "url": null, "quotes": [] } ], "start_year": 1904, "opinionPos": [ [ 219 ], [ 233 ] ] }, { "title": "大正10年の不況で招いた阪本久五郎氏の自動織機と、浜松高塚の新工場", "text": "1921年（大正10年）の財界不況に直面し、鈴政式織機は地方向け小幅織機から一歩先へ進む方針をとった。同年12月、阪本久五郎氏を支配人兼技師長として迎えた。阪本久五郎氏は1908年（明治41年）に大阪高等工業の機械科を卒業した技術者であった。阪本久五郎氏の下で製品を大幅織機に切り替え、あわせて織機の自動化に着手した。1924年（大正13年）3月には資本金を200万円から120万円へ減資。阪本久五郎氏は1923年に取締役、1924年5月に専務取締役となり、経営の中枢に入った。地方の機屋だけを相手にする限り需要の底が浅く、幅の広い自動織機なら大手の紡織工場まで顧客に取り込めると見たのだろう。\n\n阪本久五郎氏は治具とリミットゲージを製造に取り入れ、製品の量産と部品の画一化を実現した。1923年（大正12年）には社名を鈴政式織機から遠州織機株式会社に改めた。大正末期には、研究を重ねた管替式の自動織機を完成させ、多数の工場へ納入した。大正中期までの国内の織機は輸入品が多数を占め、昭和初期にその輸入を国産品で代替したのが遠州織機である。昭和初期からは中国の紡績業の発展を受けて輸出用の織機を製作した。輸出先は韓国・中国・南洋諸島・インドから南米・欧州まで広がった。部品をそろえて量産できる体制が、輸入品に対する競争優位と輸出の足場になったと思われる。\n\n1932年（昭和7年）6月、喜多又蔵氏の死去を受けて阪本久五郎氏が社長に就任した。1934年（昭和9年）には生産の増加で浜松市内の工場が手狭となり、遠州織機は工場の移転に着手。移転は1936年（昭和11年）7月に完了した。移転先は静岡県浜名郡可美村高塚4888番地で、1950年時点でも本社と高塚工場がここに置かれた。遠州織機は翌1937年（昭和12年）9月、時局の要請を受けて工作機械の製作を始めた。量産と輸出の拡大に合わせて敷地を広げ、次の事業転換に備えたと考えられる。", "references": [ { "title": "インベストメント 8(1) 1955年「新規上場会社紹介 遠州織機」", "year": null, "month": null, "date": null, "url": null, "quotes": [] }, { "title": "会社銀行八十年史 1955「遠州織機」", "year": null, "month": null, "date": null, "url": null, "quotes": [] }, { "title": "株式会社年鑑 1950年版「遠州織機」", "year": null, "month": null, "date": null, "url": null, "quotes": [] } ], "start_year": 1921, "opinionPos": [ [ 296 ], [ 276 ], [ 236 ] ] } ] } ], "long_term": [ { "year": 1950, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1951, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1952, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1953, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1954, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1955, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1956, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1957, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1958, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1959, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1960, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1961, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1962, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1963, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1964, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1965, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1966, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1967, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1968, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1969, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1970, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1971, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1972, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1973, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1974, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1975, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, "operating_profit_jp": null, "operating_profit": null, "ordinary_profit_jp": null, "ordinary_profit": null, "net_profit_jp": null, "net_profit": null, "net_margin": null, "employees": null, "reference": null }, { "year": 1976, "month": 3, "company_name": "エンシュウ", "consolidation": "単体", "accounting_standard": "JGAAP", "unit": "億円", "sales_jp": null, "sales": null, 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