Nishikawa Rubber Co., Ltd.
Company Profile
■URL
https://www.nishikawa-rbr.co.jp/english/
■Address
Business Overview
-Major independent manufacturer of door seals.
-Boasts the largest market share in Japan of door weather-strips.
-The Company set up an alliance with Cooper Standard Automotive Inc. of the USA.
Business Performance Highlights
-The Company’s financial results for the fiscal year that ended in March 2023 are as follows.
-Consolidated sales: JPY 98,167 million (16.2% increase year-over-year)
-Operating income: JPY 768 million (68.9% decrease year-over-year)
-Ordinary income: JPY 2,280 million (36.6% decrease year-over-year)
-Current net profit attributable to the parent-company’s shareholders: JPY 2,109 million (0.2% increase year-over-year)
Shareholders
| -Listed on the Standard Market of the Tokyo Stock Exchange. | (As of Mar. 31, 2023) |
| Name or Company Name | Investment ratio (%) |
| Nishikawa Memorial Foundation | 7.44 |
| HI-LEX Corporation | 6.46 |
| Customer share holding commission | 6.37 |
| Individual shareholder | 5.71 |
| The Hiroshima Bank, Ltd. | 4.98 |
| Sumitomo Mitsui Trust Bank, Limited | 3.26 |
| Individual shareholder | 2.84 |
| The Yamaguchi Bank, Ltd. | 2.83 |
| HIKARI TSUSHIN, INC. | 2.67 |
| Employee stock holdings | 2.62 |
| Total | 45.19 |
Products
Products for Sedan Type
-Weatherstrips
- Sunroof weatherstrips
- Roof-side weatherstrips
- Door mounted weatherstrips
- Drip weatherstrips
- Trunk lid weatherstrips
- Body mounted weatherstrips
-Waist seals
-Glass run channels
-Insulators for electrical parts
-Hood seals
-Lamp packing seals
-Door hole seals
Products for Convertible Type
-Weatherstrips
- Convertible header weatherstrips
- Convertible roof-side weatherstrips
- Door mounted weatherstrips
History
| Apr. 1949 | The company was founded. |
| Dec. 1952 | Established Osaka office in Higashi District (currently, Chuo District). |
| Dec. 1954 | Established Tokyo Office in Minato-ku, Tokyo. |
| Dec. 1961 | Established Nagoya office in Naka-ku, Nagoya. |
| Mar. 1963 | Established Shiraki plant in Hiroshima. |
| Mar. 1964 | Established Nishikawa Living Co., Ltd. (currently a consolidated subsidiary) |
| Feb. 1967 | Nishikawa Bussan Co., Ltd. (currently a consolidated subsidiary) |
| Oct. 1967 | Established a Fukuoka sub branch in Fukuoka city. (currently Fukuoka sales office) |
| Oct. 1968 | Established Asa plant in Asakita-ku, Hiroshima city, Hiroshima pref. |
| Jun. 1969 | Transferred the site of the Nagoya office to Kariya city, Aichi pref. |
| Sep. 1970 | Transferred the site of the Tokyo office to Shinagawa-ku, Tokyo. |
| Oct. 1972 | Established Toyohira Nishikawa Co., Ltd. (currently a consolidated subsidiary) |
| Nov. 1972 | Established Nishikawa Rika Co., Ltd. (currently a consolidated subsidiary) |
| Mar. 1973 | Established Hamamatsu sub branch in Hamamatsu city, Shizuoka pref. |
| Sep. 1978 | Capital participation in Ushiroyama Kako Co., Ltd. (currently a consolidated subsidiary) |
| Aug. 1980 | Set up Yoshida plant in Yoshida-machi, Takada-gun, Hiroshima pref. |
| Feb. 1983 | Established Seiwa Logistics Co., Ltd. (currently a consolidated subsidiary) |
| Jan. 1985 | Capital participation in Kyoei Rubber Inc. (currently a consolidated subsidiary, Ohasa Nishikawa Co., Ltd.) |
| Jul. 1985 | Established Seiwa Industry Co., Ltd. (currently a consolidated subsidiary) |
| Sep.1986 | Established Nishikawa Standard Co., Ltd. in the USA as a joint venture with The Standard Products Company (currently Cooper Tire and Rubber Company) |
| Mar. 1989 | Established Nishikawa of America Inc. (currently a consolidated subsidiary) in the USA. Nishikawa Standard Co., Ltd was formed into a joint venture with a subsidiary of The Standard Products Company. |
| Feb. 1990 | Established Mihara plant in Mihara city, Hiroshima pref. |
| Jun. 1991 | Established Nishikawa Rubber Yamaguchi Co., Ltd. (currently a consolidated subsidiary) |
| Nov. 1991 | Listed on the Hiroshima Stock Exchange. |
| Oct. 1993 | Established Nishikawa Engineering of America Inc. in Dearborn city, Michigan. |
| Aug. 1995 | Established a joint venture company, Nishikawa Tachaplalert Rubber Company Ltd., with International Rubber Parts Co. of Thailand and Marubeni Co., Ltd. (currently, a consolidated company). |
| Aug. 1998 | Established European office in Birmingham, England. |
| Mar. 2000 | Listed on the Second Section of the Tokyo Stock Exchange. (Hiroshima Stock Exchange merged with the Tokyo Stock Exchange) |
| Dec. 2001 | The Company established Shanghai Nishikawa Sealing Co., Ltd., a wholly owned subsidiary, in Shanghai, China. |
| Apr. 2002 | Established Nishikawa Design Techno Co., Ltd. to Nishi-ku Hiroshima city. (currently a consolidated subsidiary) |
|
Jun. 2003 |
Reorganized the Fukuoka branch office into the Yamaguchi branch office. |
|
Jun. 2004 |
Established Guangzhou Nishikawa Sealing System Co., Ltd. in Guangzhou, China. It is a consolidated subsidiary. |
| May 2005 | -Ushiroyama Chemical was renamed to Nishikawa Big Ocean. (Ushiroyama Chemical took over sales activities of the automotive parts business divisions at Seiwa Industry and Toyohira Nishikawa, and a part of the sales functions at Ooasa Nishikawa, after merging and absorbing these operations. As a result, the company adopted its new name.) -Ooasa Nishikawa changed its corporate name to Nishikawa Big Well as a result of merging and absorbing the sales activities of the automotive parts business division at Nishikawa Ihara. - Nishikawa Rubber merged and absorbed the equipment design and production business divisions of Ihara Nishikawa. As a result, Ihara Nishikawa was dissolved. |
| May 2005 | Established Nishikawa Rubber (Shanghai) Trading Co., Ltd. |
| Nov. 2005 | Nishikawa Rubber merged Nishikawa Rika into its operations, thus dissolving Nishikawa Rika. |
| Mar. 2007 | Closed Seiwa Kogyo Hirakata Plant. |
| Apr. 2007 | Merged Nishikawa Kasei Co., Ltd. (then equity method affiliate) with G.P. Daikyo Company and renamed Nishikawa Kasei, a surviving company, to Daikyo Nishikawa Co., Ltd. (now equity method affiliate) |
| Jul. 2007 | Nishikawa of America Inc. merged with Nishikawa Engineering of America Inc.. Nishikawa Engineering of America was dissolved. |
| Jan. 2008 | Nishikawa Bussan merged with Natulove Co., Ltd.. Natulove Co., Ltd. was dissolved. |
| Mar. 2008 | Nishikawa Standard Company was changed to a Limited Liability Company (LLC), which is currently a subsidiary under the equity method of accounting. |
| Mar. 2011 | -Nishikawa Bussan Co., Ltd. established Nishikawa Bussan Korea LLC in Gimhae City, Korea. The company is currently a consolidated subsidiary. -The Company made an additional investment in Nishikawa Standard Company LLC, changing its name to Nishikawa Cooper LLC and making it its consolidated subsidiary. -The Company transferred part of the shares it had held in Nishikawa Tachaplalert Rubber Co., Ltd. to Cooper Standard Automotive Inc. |
| Apr. 2012 | Nishikawa Big Ocean absorbed the operations of Nishikawa Big Well, dissolving Nishikawa Big Well as a company. |
| Jan. 2013 | Established PT. Nishikawa Karya Indonesia in West Java, Indonesia. (Current consolidated company) |
| Apr. 2014 | Nishikawa Bussan Co., Ltd., as the surviving company, absorbed Seiwa Kogyo Co., Ltd., which will be dissolved as a result of this merger. |
| Nov. 2014 | Nishikawa Cooper Mexico S.A. de C.V. changed its name to Nishikawa Sealing Systems Mexico S.A. de C.V. |
| May 2015 |
Nishikawa Sealing Systems Mexico S.A. de C.V. absorbed Nishikawa Management Service S.A. de C.V. into its own operations. Nishikawa Management Service was dissolved. |
| Jun. 2015 | ALP Nishikawa Co., Ltd. was renamed to ALP Nishikawa Co., Pvt. Ltd. |
| Feb. 2019 | Established Hubei Nishikawa Sealing Systems Co., Ltd. in Xiaogan, China. (Current consolidated company) |
| Apr. 2022 | Moved to the Standard Market of the Tokyo Stock Exchange |
Supplemental Information 1
>>>FY ended Mar. 31, 2008 Business Report
>>>FY ended Mar. 31, 2009 Business Report
>>>FY ended Mar. 31, 2010 Business Report
>>>FY ended Mar. 31, 2011 Business Report
>>>FY ended Mar. 31, 2012 Business Report
>>>FY ended Mar. 31, 2013 Business Report
>>>FY ended Mar. 31, 2014 Business Report
>>>FY ended Mar. 31, 2015 Business Report
>>>IR Information
>>>Financial Forecast for the Next Fiscal Year (Sales, Operating Income etc.)