In 1912, Tokuji Hayakawa founded a metal workshop in Tokyo. The first of his many inventions was a snap buckle named ‘Tokubijo’. Another of his inventions was the Ever-Sharp mechanical pencil in 1915, from which the Sharp Corporation derived its name. After the pencil business was destroyed by the 1923 Great Kantō earthquake, the company relocated to Osaka and began designing the first generation of Japanese radio sets. These went on sale in 1925.

The company was established as "Hayakawa Metal Works" in 1924, in Tanabe-cho, Osaka. In 1942, the name was changed to "Hayakawa Electric Industry Company". In 1953, Hayakawa Electric started producing the first Japan-made TV sets (the "Sharp TV3-14T").

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