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) |
| TYO:3105 | |
| ISIN | JP3678000005 |
| Industry | Diversified industrials |
| Founded | (February 5, 1907; 118 years ago (1907-02-05)) |
| Headquarters | Nihonbashi,Chuo-ku, Tokyo 103-8650 ,Japan |
Area served | Worldwide |
Key people | Masahiro Murakami (President)[1] |
| Products | |
| Services | Leasing and selling of real estate |
| Revenue | |
Number of employees | 21,112 (as of December 31, 2021) |
| Website | Official website |
| 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 theNikkei 225.[4] It has a diverse line of businesses that include electronics, automobile brakes,mechatronics, chemicals, textiles, papers and real estate.
Nisshinbo was established in 1907 as acotton spinning business,Nisshin Cotton Spinning Co., Ltd. (日清紡績株式会社). It changed its English name toNisshin Spinning Co., Ltd. in 1962.[5]
In the wake ofWorld 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 theFuyo Groupkeiretsu headed byFuji Bank.[7]
In 2009, it adopted aholding company structure and renamed its parent company asNisshinbo Holdings Inc.[5]
Nisshinbo's textiles business remains active in the development of non-iron fabric, non-woven fabric andelastomers.[8] In 2015 it acquired Tokyoshirts, the largest men's shirt manufacturer/retailer in Japan.[9]
Nisshinbo's electronics business is focused onsemiconductors andwireless equipment.[10] It manufacturesdrum brakes,disc brakes and friction materials for cars and trucks,[11] as well astoilet paper,wrapping paper,printer paper and other paper products.[12] In 2011 the company acquiredTMD 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]
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