The Hoshino Gakki company began in 1908 as the musical instrument sales division of the Hoshino Shoten a bookstore company. The Ibanez brand name dates back to 1929 when Hoshino Gakki began to import Salvador Ibanez guitars from Spain. When the "Salvador Ibanez" workshop was destroyed during the Spanish Civil War, the "Ibanez Salvador" guitars were no longer available, so Hoshino Gakki bought the "Ibanez Salvador" brand name rights and began producing Spanish acoustic guitars in 1935, at first using the "Ibanez Salvador" brand name, and then later using the "Ibanez" brand name.