Nisshinbo Holdings

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Nisshinbo Holdings Inc.
Native name
日清紡ホールディングス株式会社
Public KK
Traded as TYO: 3105
ISIN JP3678000005
Industry Diversified industrials
Founded (February 5, 1907; 110 years ago (1907-02-05))
Headquarters Nihonbashi, Chuo-ku, Tokyo 103-8650, Japan
Area served
Worldwide
Key people
Masaya Kawata
(President)
Products
Services Leasing and selling of real estate
Revenue

Increase JPY 533.9 billion (FY 2015)

(US$ 4.64 billion) (FY 2015)
Profit

Decrease 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
[1][2]

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[edit]

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[edit]

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[edit]

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


External links[edit]