Metalart Corporation
Japanese forging company founded in 1916, supplying forged and machined parts for automobiles, construction machinery, and agricultural machinery.
Last updated September 27, 2026
AI crawler reads
No AI crawler has read this profile since Oct 28, 2026.
Overview
Metalart Corporation is a Japanese manufacturer specializing in forging and machining, headquartered in Kusatsu, Shiga Prefecture. The company traces its origins to May 1916, when it was founded as Goto Forging Works in Konohana-ku, Osaka. It was incorporated as Goto Forging Co., Ltd. in August 1943. Over the decades it consolidated production in Shiga Prefecture and changed its corporate name to Metalart Corporation in October 1991. The company is listed on the Tokyo Stock Exchange Standard Market. Metalart's core business is the forging and machining of engine parts, undercarriage parts, and transmission gears for automobiles, construction machinery, and agricultural machinery. Its automotive customers are largely within the Toyota Group, and Daihatsu Motor became its largest shareholder in December 2012 after acquiring shares from Metal One. The company operates multiple plants in Shiga Prefecture, including its headquarters plant, the Baba plants, and the Minakuchi plant, as well as the Miyazaki Himuka plant in Miyazaki Prefecture. It also has an overseas subsidiary, PT. METALART ASTRA INDONESIA, established in May 2013 as a joint venture with the Astra Group of Indonesia, in which Metalart holds a 70% stake. In recent years Metalart has pursued new businesses. In 2023 it entered the automotive traction motor business, and in 2025 its subsidiary Metal Village began a strawberry farming operation in Kusatsu City. The company emphasizes a combination of long-cultivated hot and cold forging technologies with the latest machining and digital technologies, and it holds ISO 9001 and ISO 14001 certifications at its main sites. Its corporate slogan is 'Let's become an exciting company!' and it aims to be a company that stakeholders and employees say 'it has to be Metalart.'
History
Metalart Corporation was founded in May 1916 as Goto Forging Works in Konohana-ku, Osaka. In August 1943, it was reorganized into a corporation under the name Goto Forging Co., Ltd. In April 1958, it established the Fukucho Plant in Nishiyodogawa-ku, Osaka. In November 1962, the company listed on the Second Section of the Osaka Securities Exchange. In June 1964, it opened the Shiga Plant in Kusatsu City, Shiga Prefecture. By September 1967, production was consolidated into the Osaka and Shiga plants. In July 1970, the head office function was moved to Kusatsu City, while the registered head office was moved to Higashi-ku, Osaka; the Shiga Plant was renamed the Head Office Plant. In April 1972, all production was consolidated into the Head Office Plant. In July 1975, the registered head office was moved to Kusatsu City. In October 1991, the company changed its name to Metalart Corporation. In December 2012, Daihatsu Motor acquired shares from Metal One and became the largest shareholder. In July 2013, following the integration of the Osaka and Tokyo stock exchanges' cash equity markets, the company listed on the Second Section of the Tokyo Stock Exchange. In April 2018, it absorbed Metaltex Co., Ltd. In April 2025, it absorbed Metal Forge Co., Ltd. The company has also expanded overseas, establishing PT. METALART ASTRA INDONESIA in May 2013 as a joint venture in Indonesia. In recent years, it has entered new businesses such as automotive traction motors in 2023 and strawberry farming through its subsidiary Metal Village in 2025.
Founded as Goto Forging Works in Konohana-ku, Osaka
Incorporated as Goto Forging Co., Ltd.
Established Fukucho Plant in Nishiyodogawa-ku, Osaka
Listed on the Second Section of the Osaka Securities Exchange
Established Shiga Plant in Kusatsu City, Shiga Prefecture
Consolidated plants into Osaka and Shiga plants
Moved head office to Kusatsu City; renamed Shiga Plant to Head Office Plant
Consolidated plants into Head Office Plant
Moved registered head office to Kusatsu City
Changed corporate name to Metalart Corporation
Products and positioning
A leading company in the forging industry, providing integrated manufacturing from forging to machining, with a focus on quality and global supply.
Forged engine parts
Engine components for automobiles, construction machinery, and agricultural machinery.
Undercarriage parts
Undercarriage components such as track links for construction machinery.
Transmission gears
Forged and machined gears for transmissions.
Motor cores
Motor cores developed and manufactured at the Minakuchi Plant.
Sources6 sources
Cite this profile: Cite the canonical profile. /brand-wiki/metalart · Editorial policy · How profiles are compiled