In 1975, Hisatake Shibuya opened a shop called Electric Sound Products (ESP) in Tokyo. It provided custom replacement parts for guitars. In 1976, ESP gained a reputation as a provider of high-quality replacement parts and also began crafting guitars under the ESP and Navigator brand in the Japanese market. In 1993, ESP moved its headquarters again but this time it was relocated to Los Angeles. There, ESP opened an office in Hollywood. In 1996, LTD was created to produce ESP's high-quality products in a more affordable line of production. In 2002, ESP was ranked among the music industry's fastest growing companies.