NEWS

OSG Corporation's "threading tools (taps and dies)" have been chosen by the Ministry of Economy, Trade and Industry (METI) in its 2020 "Global Niche Top 100 Companies" selection.

The business environment surrounding Japanese companies is undergoing major transformations such as the advancement of digitalization, uncertainties in the political and economic conditions of the world, and social structural changes such as the declining birthrate and aging population. Even under such a difficult economic environment, METI's "Global Niche Top 100 Companies" selection include organizations that are demonstrating success with highly unique products in niche business fields or are having business of increasingly important materials in the evolving global supply chain.

OSG's taps enjoy a top market share of over 30 percent (based on internal data) in the industry. The company has been praised by METI for having established manufacturing, sales and technical support systems in 33 countries that provide high quality and high performance products as well as superior technical support to manufacturers around the world.

OSG's products are indispensable for manufacturing parts in industries such as automotive and aerospace. Since the quality of a single screw can jeopardize life and death, a high level of technical capability to ensure safety and security is essential. By utilizing technological expertise in the company's global network, OSG will continue its journey of innovation to continue to contribute to the world of manufacturing.

Ministry of Economy, Trade and Industry homepage (Japanese): 2020 Edition "Global Niche Top 100 Companies"