Nichicon Building in Nakagyo-ku, Kyoto
|Traded as||TYO: 6996
|Founded||(August 1, 1950)|
|Headquarters||Nakagyo-ku, Kyoto 604-0845, Japan|
(Chairman and CEO)
(President and COO)
|Revenue||US$ 893.3 million) (FY 2014)|
JPY 2.25 billion (FY 2014)(US$ 18.7 million) (FY 2014)
Number of employees
|5,792 (consolidated, as of March 31, 2014)|
|Footnotes / references
Nichicon Corporation (ニチコン株式会社 Nichikon Kabushiki-gaisha?) is a manufacturer of capacitors of various types and applications and is one of the largest manufacturers of capacitors in the world, headquartered in Karasuma Oike, Nakagyo-ku, Kyoto, Japan. In 1950, it separated from the Nii Works Co., established itself as Kansai-Nii Works and finished its first factory by 1956. In 1961, they adopted the Nichicon name and have been using it, or a variant thereof, ever since.
In the early 2000s, Nichicon was the primary capacitor manufacturer caught in the Capacitor Plague. No overall reason was ever proven for the huge production runs of defective capacitors, but some sources claimed that these capacitors were either overfilled with electrolyte or were constructed using electrolyte fluid that was prone to pop and leak fluid, causing premature failure in any equipment using them. Nichicon received particular infamy because of their use by major computer manufacturers including Dell, Hewlett-Packard, and Apple. In 2010 Dell settled a civil lawsuit for its shipment of at least 11.8 million computers from May 2003 to July 2005 that used faulty Nichicon components and were prone to major failure.
Passive Component Industry magazine reports this quite differently:
Subsequent reports suggest that Rubycon Corporation, Nichicon, and Nippon Industries (NIC Components) have been inundated with orders for low-ESR aluminum capacitors, as more customers shy away from Taiwanese-produced parts. Rubycon, Nichicon, and Nippon Industries (NIC Components) do not have plants in Taiwan, and thus were not exposed to the bad electrolyte in their low-ESR aluminum capacitors.
In 2011 and 2012 Nichicon spun off several major factories into independent subsidiaries and established representative branches in foreign countries thus realigning their corporate infrastructure.
- "Company Profile". Nichicon. Retrieved June 12, 2015.
- "Company Financials". Bloomberg Businessweek. Retrieved June 12, 2015.
- Ashlee Vance (June 28, 2010). "Suit Over Faulty Computers Highlights Dell's Decline". The New York Times. Retrieved June 12, 2015.
- "Dell Settles Capacitor Lawsuit". LegalZoom.
- "Low-ESR Aluminum Electrolytic Failures Linked to Taiwanese Raw Material Problems". Passive Component Industry magazine. September/October 2002. Paumanok Publications.
- "Corporate History". Nichicon. Retrieved June 12, 2015.
- (English) Nichicon Corporation
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