The Hoshino company was founded in 1908 by Matsujiro Hoshino originally as the Hoshino Shoten bookstore which mostly sold books and sheet music and then gradually over the years also began to import musical instruments into Japan. Matsujiro was succeeded by Yoshitaro Hoshino. In 1935, the company began manufacturing their own stringed instruments. The company had little presence in the Western world until the mid-1960s.
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. The Tama Seisakusho factory produced a line of guitars that included clones of several popular guitars, including the Martin Dreadnought. 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, like their main factory and exclusive one in Japan, FujiGen, to make guitars.