Nichirin Co., Ltd.

Summary

Covers Nichirin exhibition participation, products, technologies, and major customers. Offers exclusive information available only on MarkLines to support research and analysis in the automotive industry.

Company Profile

■URL

https://www.nichirin.co.jp

■Address

Higashimachi-Edomachi Bldg., 98-1 Edo-machi, Chuo-ku, Kobe City, Hyogo Pref., 650-0033, Japan

Business Overview

-An independent, leading manufacturer of hoses for automobiles and motorcycles.

-In Japan, the Company has practically 100% of the market share of brake hoses for motorcycles.

Shareholders

-Listed on the Standard Market of the Tokyo Stock Exchange.

(As of Dec. 31, 2024)

Name or Company name	Investment Ratio (%)
Taiyo Koko Co., Ltd.	22.15
Sojitz Corporation	8.69
Custody Bank of Japan (Trust account)	4.05
Mizuho Bank Ltd.	2.83
Nippon Fine Chemical Co., Ltd.	2.17
Tokyo Century Corporation	1.81
Mizuho Securities Co., Ltd.	1.49
The Master Trust Bank of Japan, Ltd. (Trust account)	1.20
Sumitomo Mitsui Banking Corporation	1.09
Individual shareholder	1.08
Total	46.55

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Products

Automotive
-Brake Hoses

NICHIRIN Brake Hose (for Automotive Hose)

-Various types of piping for heat-management systems

NICHIRIN Air Conditioning Hose
NICHIRIN All Rubber A/C
NICHIRIN Veneer A/C
Plastic Air Conditioning Piping
Cooling piping
IHX (Internal Heat Exchanger)

-Other Products (For Automotive)

NICHIRIN Power Steering Hose
HYPLEX (High Pressure Hose/Return Hose/Suction Hose)
ATF Hose (Automatic Transmission Fluid Hose)
EF-TUBE (foe CO2 Refrigerant Air Conditioning System)
Oil Cooler Unit
Vacuum Brake Hose (for Brake system)
Hydraulic hose for roll control system
Air Brake Hose
Clutch Hose
ESC Hose (Stability Control Hose)
CNG hose
Oil Cooler Hose
Suspention Hose
Urea SCR Hose (for Diesel Emissions Reduction)

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History

May, 1914	Founded manufacturing business of bicycle tires, tubes, various rubber hoses and industrial rubber products under the name of Nippon Ringyo Goshi Company in Kobe, Japan.(Initial capital: 100,000 yen)
Mar. 1924	Changed the company name to Nippon Ringyo Co., Ltd.
Feb. 1931	Changed the company name to Nippon Ringyo Gomu Co., Ltd.
May, 1934	Started making phenolic molding products for manufacturing artificial silk in Osaka.
Apr. 1937	Began manufacturing business of high pressure hoses for aircraft and rubber hoses for automobiles.
1941-1943	Established additional plants in Osaka, Tsutsui (Kobe), Himeji city to increase production capacity of aircraft hoses and oil resistant seal products.
Mar. 1943	Established Tokyo office to promote sales activities in the eastern region of Japan.
Aug. 1943	Changed the company name to Nichirin Rubber Industrial Co., Ltd.
Aug. 1945	All facilities were destroyed during World War 2.
Aug. 1945	All the plants burned down due to the war.
Mar. 1946	Re-established a new facility in Himeji city and continued manufacturing business.
Apr. 1957	Started production of car air conditioning hoses.
Apr. 1965	Started production of power steering hoses.
Apr. 1967	Started production of hydraulic brake hoses for use in motorcycles.
Mar. 1970	The Himeji Factory was moved from Hojo, Himeji City, because of the Sanyo Shinkansen project. The plant started operations at the new site in Bessho-cho in the same city. The Company discontinued production of motorcycle tire tubes and hoses for railcars.
Nov. 1975	Raised capital to 100 million yen.
Oct. 1986	Established overseas affiliate, "Sunchirin Industry (M) Sdn. Bhd." in Malaysia. (Currently, Sunchirin Industries (Malaysia Berhad)
Feb. 1987	Established overseas subsidiary, "Nichirin Inc." in Canada.
July, 1989	Established overseas subsidiary, "Nichirin-Flex U.S.A., Inc." in the United States.
Sep. 1989	Moved the Tokyo office to Shibaura, Minato ward, Tokyo.
July, 1991	Changed the company name to "Nichirin C., Ltd."
Jun. 1994	Established overseas affiliate, "Nichirin (Thailand) Co., Ltd." in Thailand.
Aug. 1995	Moved its headquarters to Sannomiya, Chuo-ku, Kobe City.
Oct. 1995	All the hose operations at the Himeji Plant obtained ISO9001 certification.
July, 1996	Sunchirin Industries (Malaysia) Berhad (an affiliated company in Malaysia) was listed on the second section of the Kuala Lumpur Stock Exchange.
Dec. 1996	Established ShanghaiI Nichirin Automobile Accessories Co., Ltd. as a local subsidiary in China.
Aug. 1997	Listed on the second section of the Osaka Stock Exchange.
Oct. 1998	Established Nichirin Coupler Tech USA Inc. as a local subsidiary in the United States.
Feb. 1999	Established Nichirin UK Limited as a local subsidiary in England.
Jul. 2001	Established a joint venture in the Czech Republic with Visteon, Visteon Nichirin Czech SRO.
Feb. 2002	Obtained ISO14001 certification.
Apr. 2002	Jointly with Nichirin Inc. established Nichirin Tennessee Inc, a new company which manufactures brake and power steering hoses for use in passenger cars and motorcycles in Tennessee, USA.
July, 2004	Absorbed Nichirin Kohan Co., Ltd., its subsidiary established in June 1966.
Nov. 2004	Established Nichirin Flex (Shanghai) Co., Ltd. in China.
Feb. 2005	Acquired ISO/TS16949: 2002 Certification.
Aug. 2005	Established Nichirin Rubber Industrial (Shanghai) Co., Ltd) in China.
Nov. 2005	The Company issued an additional 1 million shares, increasing the number of outstanding shares to 9 million and registered capital to 1,729 million yen.
Apr. 2006	Established the Nichirin R&D center within the premises of the Himeji plant.
May 2008	Established Nichirin Vietnam Co., Ltd. in Vietnam.
Oct. 2010	Established Nichirin Autoparts India Pvt., Ltd. in India.
Apr. 2011	The Company established PT. Nichirin Indonesia, a subsidiary in Indonesia.
Feb. 2013	Established overseas office Hutchinson Nichirin Brake Hoses, S.L. in Spain.
Feb. 2013	Announced that it plans to close and liquidate its Canada-based subsidiary, Nichirin Inc., effective June 30, 2013.
Jul. 2013	Listed on the second section of the Tokyo Stock Exchange after the market of the Osaka Securities Exchange was integrated with that of the Tokyo Stock Exchange.
Oct. 2016	Converted Hutchinson Nichirin Brake Hoses, S.L., a joint venture with France-based Hutchinson S.A., into a consolidated subsidiary by increasing stake in the company from 70% from the previous 30%.
Dec. 2017	Established a research center for production technologies (production technology center) within the premises of the Himeji plant.
Dec. 2017	Established Suzhou Nichirin Automobile Parts Co., Ltd. in China as a subsidiary.
Apr. 2022	Moved to the Standard Market of the Tokyo Stock Exchange due to TSE’s reorganization.
Jul. 2024	Constructed a new building within the Himeji Plant, the NICHIRIN WORKSHOP, which houses the collaborative robot research and development functions.