Japanese company
Nisshinbo Holdings Inc. |
 Nisshinbo headquarters building in Tokyo |
Native name | 日清紡ホールディングス株式会社 |
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| Company type | Public (K.K) |
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| TYO: 3105 |
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| ISIN | JP3678000005 |
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| Industry | Diversified industrials |
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| Founded | (February 5, 1907; 117 years ago (1907-02-05)) |
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| Headquarters | , Japan |
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Area served | Worldwide |
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Key people | Masahiro Murakami
(President)[1] |
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| Products | |
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| Services | Leasing and selling of real estate |
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| Revenue |  JPY 533.9 billion (FY 2015)
(US$ 4.64 billion) (FY 2015) |
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|  JPY 10.7 billion (FY 2015)
(US$ 93.7 million) (FY 2015) |
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Number of employees | 21,112 (as of December 31, 2021) |
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| Website | Official website |
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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]
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