Company:Nisshinbo Holdings

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Short description: Japanese company
Nisshinbo Holdings Inc.
Native name
日清紡ホールディングス株式会社
TypePublic (K.K)
TYO: 3105
ISINJP3678000005
IndustryDiversified industrials
Founded(February 5, 1907; 117 years ago (1907-02-05))
Headquarters
Nihonbashi, Chuo-ku, Tokyo 103-8650
,
Japan
Area served
Worldwide
Key people
Masahiro Murakami
(President)[1]
Products
ServicesLeasing and selling of real estate
RevenueIncrease JPY 533.9 billion (FY 2015) (US$ 4.64 billion) (FY 2015)
Decrease JPY 10.7 billion (FY 2015) (US$ 93.7 million) (FY 2015)
Number of employees
21,112 (as of December 31, 2021)
Footnotes / references
[2][3]

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 formerly listed on the Nikkei 225.[4] 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.[5]

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.[6] During these years, Nisshinbo was part of the Fuyo Group keiretsu headed by Fuji Bank.[7]

In 2009, it adopted a holding company structure and renamed its parent company as Nisshinbo Holdings Inc.[5]

Products

Nisshinbo's textiles business remains active in the development of non-iron fabric, non-woven fabric and elastomers.[8] In 2015 it acquired Tokyoshirts, the largest men's shirt manufacturer/retailer in Japan.[9]

Nisshinbo's electronics business is focused on semiconductors and wireless equipment.[10] It manufactures drum brakes, disc brakes and friction materials for cars and trucks,[11] as well as toilet paper, wrapping paper, printer paper and other paper products.[12] In 2011 the company acquired TMD Friction and the combined business became the world's largest automotive brake friction manufacturer.[13] It sold TMD Friction again in 2023.[14]

Nisshinbo also operates a real estate arm, Nisshinbo Urban Development, which redevelops former Nisshinbo industrial properties for commercial and residential use.[15]

References

  1. Masahiro Murakami President, Nisshinbo Holdings Inc / Bloomberg
  2. "Corporate Profile". Nisshinbo Holdings. http://www.nisshinbo.co.jp/english/profile/outline.html. 
  3. "Company Profile". Nikkei Asian Review. Nikkei Inc.. http://asia.nikkei.com/Company/05HXHJ-E. 
  4. "Components:Nikkei Stock Average (Nikkei 225)". Nikkei Inc.. http://indexes.nikkei.co.jp/en/nkave/index/component?idx=nk225. 
  5. 5.0 5.1 "History". Nisshinbo Holdings. http://www.nisshinbo.co.jp/english/profile/history.html. 
  6. "Transition of Business Portfolio". Nisshinbo Holdings. http://www.nisshinbo.co.jp/english/profile/portfolio.html. 
  7. Watkins, Thayer. "Fuyo Group, the Hibiscus Keiretsu". San Jose State University. http://www.sjsu.edu/faculty/watkins/fuyo.htm. 
  8. "Textiles". Nisshinbo Holdings. http://www.nisshinbo.co.jp/english/field/textiles.html. 
  9. "Nisshinbo to buy Japan's largest shirt retailer". Nikkei Asian Review. 27 February 2015. http://asia.nikkei.com/Business/Deals/Nisshinbo-to-buy-Japan-s-largest-shirt-retailer. 
  10. "Electronics". Nisshinbo Holdings. http://www.nisshinbo.co.jp/english/field/electronics.html. 
  11. "Automobile Brakes". Nisshinbo Holdings. http://www.nisshinbo.co.jp/english/field/brake.html. 
  12. "Papers". Nisshinbo Holdings. http://www.nisshinbo.co.jp/english/field/paper.html. 
  13. "Nisshinbo buys TMD, creates worlds largest auto brake friction company". Canadian Manufacturing. Annex Business Media. September 26, 2011. http://www.canadianmanufacturing.com/exporting-and-importing/nisshinbo-buys-tmd-creates-worlds-largest-auto-brake-friction-company-42903/. 
  14. Murakami, Masahiro (9 November 2023). "https://www.nisshinbo.co.jp/nish/english/news/pdf/news20231109_1_en.pdf". https://www.nisshinbo.co.jp/nish/english/news/pdf/news20231109_1_en.pdf. 
  15. "Real Estate". Nisshinbo Holdings. http://www.nisshinbo.co.jp/english/field/estate.html. 

External links