Abstract
The purpose of business strategy is to achieve competitive advantages which includes higher efficiency, better quality, more innovation and faster customer response. In other words, the unique capability of lower cost or differentiation. In production aspect, unique capability means better production power with better performance from 3M of input and PQCDSM from output. And TPM（Total Productive management）is a series of improvement activities focused on reduction of equipment loss to form business competitive advantages. In this research, several domestic companies who won the Japan TPM Award have been studied. And it is found that there is a strong cause-effect relationship between TPM and competitive advantages because： 1. TPM can change employee's mindset effectively. 2. TPM can upgrade employee's capabilities. 3. TPM can lead to excellent productivity.