It is the owner of the Ibanez guitar and Tama drum brand names.

In 1957 Hoshino Gakki manufactured what would be considered the first of the modern era Ibanez guitars.

In 1962, Junpei Hoshino, Yoshitaro's son, opened the Tama Seisakusho factory to manufacture electric guitars and amplifiers.

At the time they were also manufacturing Star Drums, available in either the Imperial or Royal models.

Hoshino Gakki stopped making guitars at the Tama Seisakusho factory in 1966 (but continued making drums) and from then on contracted outside guitar factories, which in the mid 1960s mainly consisted of Guyatone.