History

Timeline

2023 Business combination with Crosby Group in the US.
Delisted from the Prime Market of Tokyo Stock Exchange.
 2022 Announcement of business combination with Crosby Group in the US.
2020 Armsel (India) changed its name to Kito India.
Acquire all the shares of Van Leusden in the Netherlands.
2018 Launch Kito PRO Light Crane System, with product lines of aluminum-rail and steel-rail.
Acquire all the shares of Erikkila in Finland.
2017  Launch Kito Lifting Point, rotating metal link attached to heavy loads.
 2016  Dissolve Business and Capital Alliance with Konecranes Plc of Finland.
Acquire all the shares of PWB Anchor in Australia.
Launch RY Series of Wire-rope Hoist.
Establish Kito Chain Italia in Italy.
2014  Acquire all the shares of Peerless Industrial Group in the US.
2012  Establish Kito Taiwan.
2011  Establish Kito Indonesia.
Launch EQ Series Electric Chain Hoist.
Establish Kito do Brasil in Brazil.
The Carlyle Group sells its entire holding of KITO shares.
2010  Sign Business and Capital Alliance agreement with Konecranes of Finland.
Acquire all the shares of Armsel in India.
2008  Establish Kito Korea in Korea.
Good Design Award 2008 awarded to KITO CX series of hand chain hoist.
Complete new factory of Siam Kito in Thailand.
 2007  Stock Listed in the 1st section of Tokyo Stock Exchange.
Develop ER2 Series Electric Chain Hoist.
2006  Establish Kito Europe in Germany.
Develop CX Series Manual Chain Hoist.
2005  Complete new factory of Jiangyin Kito Crane in China.
2004  Spin-off the logistics system division to Daifuku Co.,Ltd.
Establish Kito Hoists & Cranes (Shanghai) in China.
2003  Develop LX Series Lever Hoist, awarded Gold Prize Good Design.
Accept capital participation from The Carlyle Group.
2001  Acquire ISO 14001 international standard certification.
 1998  Develop ER Series,Electric Chain Hoist.
Acquire ISO 9001 international standard certification.

1997

 Establish Siam Kito in Thailand.
1996  Establish Kito Philippines.
1995  Establish Jiangyin Kito Crane in China.
1993  Establish Kito Canada in Canada.
1990  Establish Harrington Hoists in the U.S.
1983  Move Head Office & Factory from Kawasaki to Showa-cho, Yamanashi.
1980

Develop chain sling 100, using the world’s strongest 1000N/mm² chain.

1970  Change corporate name to Kito Corporation.
1963  Develop the Double-end Driven Simplified Crane.
1959  Develop KITO MIGHTY, the first ever hand chain hoist with hardened chains.
1958  Develop 57 Series Electric Chain Hoist.
1947  Develop Lever Hoist, the first device of its kind in Japan.
1945  Move Head Office & Factory to Nakanoshima, Kawasaki.
1932  Establish The Kito Manufacturing Company in Omori, Tokyo.