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Trades about 37% below its sector, cheaper than its peers on earnings.
Tone Co., Ltd. is a prominent global entity that designs, manufactures, and distributes a comprehensive range of professional tools under its proprietary TONE brand. The company’s core offerings include advanced hand tools, robust power tools, and precise torque measuring instruments, reaching customers across Asia, North America, Europe, and other global markets, managed through its distinct domestic and international operating divisions. Its diverse product portfolio encompasses everything from complete tool sets, storage solutions, and specialized automotive and bicycle repair tools to various torque wrenches, durable stainless steel and titanium implements, air tools, and essential accessories. Tone also provides an array of efficiency-enhancing tools, such as electric tools, nutrunners, shear wrenches, torshat devices, and advanced power digi torque/power wrenches with accompanying equipment sockets. For general workshop needs, they supply a full complement of work tools, including socket wrench sets, adapters, hammers, handles, T and L wrenches, drivers, bits, adjustable and pipe wrenches, spanners, and pliers. These high-quality tools serve a broad spectrum of industries, including general manufacturing, aerospace, construction, automotive, bridge building, plant engineering, transportation, and renewable energy sectors. Founded in 1938, the company was initially known as Maeda Metal Industries, Ltd. before rebranding as Tone Co., Ltd. in November 2013. Its corporate headquarters are situated in Osaka, Japan.
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