Nisshinbo Holdings

Nisshinbo Holdings Inc.
	Nisshinbo headquarters building in Tokyo
Native name	日清紡ホールディングス株式会社
Company type	Public (K.K)
Traded as	TYO: 3105
ISIN	JP3678000005
Industry	Diversified industrials
Founded	(February 5, 1907; 117 years ago)
Headquarters	Nihonbashi, Chuo-ku, Tokyo 103-8650, Japan
Area served	Worldwide
Key people	Masaya Kawata; (President)
Products	Electronic components; Friction materials and brake assemblies; Chemicals; Textiles; Mechatronic products;
Services	Leasing and selling of real estate
Revenue	JPY 533.9 billion (FY 2015) (US$ 4.64 billion) (FY 2015)
Net income	JPY 10.7 billion (FY 2015) (US$ 93.7 million) (FY 2015)
Number of employees	23,055 (as of March 31, 2016)
Website	Official website
	Footnotes / references;

Nisshinbo Holdings Inc. (日清紡ホールディングス株式会社, Nisshinbō Hōrudingusu Kabushiki-gaisha) is a Japanese company listed on the Nikkei 225.^[3] It has a diverse line of businesses that include electronics, automobile brakes, mechatronics, chemicals, textiles, papers and real estate.

History

Nisshinbo was established in 1907 as a cotton spinning business, Nisshin Cotton Spinning Co., Ltd. (日清紡績株式会社). It changed its English name to Nisshin Spinning Co., Ltd. in 1962.^[4]

In the wake of World War II, Nisshin began to add non-textile segments to its business. Textiles accounted for 90% of its sales in 1960 but only 67% in 1980 and less than half by 1990.^[5] During these years, Nisshinbo was part of the Fuyo Group keiretsu headed by Fuji Bank.^[6]

In 2009, it adopted a holding company structure and renamed its parent company as Nisshinbo Holdings Inc.^[4]

Products

Nisshinbo's textiles business remains active in the development of non-iron fabric, non-woven fabric and elastomers.^[7] In 2015 it acquired Tokyoshirts, the largest men's shirt manufacturer/retailer in Japan.^[8]

Nisshinbo's electronics business is focused on semiconductors and wireless equipment.^[9] It manufactures drum brakes, disc brakes and friction materials for cars and trucks,^[10] as well as toilet paper, wrapping paper, printer paper and other paper products.^[11] In 2011 the company acquired TMD Friction and the combined business became the world's largest automotive brake friction manufacturer.^[12]

Nisshinbo also operates a real estate arm, Nisshinbo Urban Development, which redevelops former Nisshinbo industrial properties for commercial and residential use.^[13]

References

^ "Corporate Profile". Nisshinbo Holdings. Retrieved February 13, 2017.
^ "Company Profile". Nikkei Asian Review. Nikkei Inc. Retrieved February 13, 2017.
^ "Components:Nikkei Stock Average (Nikkei 225)". Nikkei Inc. Archived from the original on November 14, 2016. Retrieved February 13, 2017.
^ ^a ^b "History". Nisshinbo Holdings. Retrieved September 8, 2015.
^ "Transition of Business Portfolio". Nisshinbo Holdings. Retrieved September 8, 2015.
^ Watkins, Thayer. "Fuyo Group, the Hibiscus Keiretsu". San Jose State University. Retrieved September 8, 2015.
^ "Textiles". Nisshinbo Holdings. Retrieved September 8, 2015.
^ "Nisshinbo to buy Japan's largest shirt retailer". Nikkei Asian Review. February 27, 2015. Retrieved September 8, 2015.
^ "Electronics". Nisshinbo Holdings. Retrieved September 8, 2015.
^ "Automobile Brakes". Nisshinbo Holdings. Retrieved September 8, 2015.
^ "Papers". Nisshinbo Holdings. Retrieved September 8, 2015.
^ "Nisshinbo buys TMD, creates worlds largest auto brake friction company". Canadian Manufacturing. Annex Business Media. September 26, 2011. Retrieved February 13, 2017.
^ "Real Estate". Nisshinbo Holdings. Retrieved September 8, 2015.