Native name | DOWAホールディングス株式会社 |
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Company type | Public KK |
TYO: 5714 NAG: 5714 FSE: 5714 Nikkei 225 component | |
ISIN | JP3638600001 |
Industry | Nonferrous metals |
Founded | (September 18, 1884 | )
Founder | Denzaburo Fujita |
Headquarters | Akihabara UDX building, Sotokanda, Chiyoda-ku, Tokyo, 101-0021 , Japan |
Area served | Worldwide |
Key people | Masao Yamada (President) |
Products | |
Services |
|
Revenue | JPY 454.7 billion (FY 2017) (US$ 4.2 billion) (FY 2017) |
JPY 24.6 billion (FY 2017) (US$ 232 million) (FY 2017) | |
Number of employees | 6,400 (as of March 31, 2018) |
Website | Official website |
Footnotes / references [1][2][3] |
Dowa Holdings (DOWAホールディングス株式会社, DOWA Hōrudingusu Kabushiki-gaisha) is a Japanese nonferrous metals manufacturer.[3] The company is a component of the Nikkei 225 stock index.[4]
Fujita-gumi, the forerunner of DOWA,[5] was established by three brothers from Yamaguchi prefecture in 1881. The brothers had personal connections with influential members of the government, so in 1884 they bought the Kosaka mine, from which they expanded their business into various fields, centered on the coal mining business.[6] After the purchase, Fujita-gumi increased its capital and invested heavily in skilled labor and equipment. By 1888 the Kosaka mine became Japan's top producer of silver.[6]
In 1900, an engineer at Kosaka succeeded in extracting copper by accessing the kuroko (black ore — a mixture of copper, zinc and lead) deep in the mine. After that, the Kosaka changed its focus from silver to copper, and in 1907 became Japan's largest top producer.[5]