Nippon Seiki Co., Ltd.

Company Profile

■URL

https://www.nippon-seiki.co.jp/global/

■Address

2-2-34 Higashi Zaoh, Nagaoka-shi, Niigata-ken 940-8580, Japan

Business Overview

-Major manufacturer of automotive meters and instruments, delivering products to global OEMs such as Honda, GM, Stellantis , BMW, and Mazda.

-The Company is engaged various business segments. One is in the automotive parts business, which includes meters and HUDs for automobiles and motorcycles. Another is in the consumer segment that manufactures air conditioners and housing-equipment controllers. In addition, it is engaged in the resin-compound business, the automobile sales business, and the service business by providing logistics, food services, and IT services.

-In the fiscal year ending March 2024, the automotive parts business accounted for 81% of the Company's sales.

Shareholders

-Listed on the Standard Market of the Tokyo Stock Exchange

(As of Mar. 31, 2024)

Name or Company name	Investment Ratio (%)
Honda Motor Co., Ltd.	6.29
Alps Alpine Co., Ltd.	5.03
JP Morgan Chase Bank 385632 (Standing proxy Mizuho Bank, Ltd. Sales of Yen Settlements Department)	4.58
Custody Bank of Japan, Ltd.	3.02
MUFG Bank, Ltd.	2.98
Nippon Seiki Employee Stock Ownership Association	2.97
The Master Trust Bank of Japan, Ltd.	2.91
Daishi Hokuetsu Bank, Ltd.	2.63
Yamaha Motor Co., Ltd.	2.04
NICHIA CORPORATION	1.99
Total	34.48

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Products

Automobile Instruments

Heads-up displays (HUD)

Sensor products
-Level sensors
-Revolution sensors
-Angle sensors
-Stroke sensors
-Inertial sensors
-Versatile ultrasonic velocity sensors

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History

Dec. 1946	Established Nippon Seiki Co., Ltd. in a town that what was formerly called Zaoh (currently Matsuba), Nagaoka City, Niigata Prefecture. Started manufacturing and sales of clocks and instruments (meters).
Oct. 1951	Established new main plant in Kita-Nakajima (currently Nakajima Town), Nagaoka City, Niigata Prefecture and moved head office to the site.
Sep. 1955	Moved head office and plant to Nishi-Shinmachi (currently Shirooka), Nagaoka City, Niigata Prefecture.
Dec. 1970	Moved head office and plant to the present location.
Dec. 1970	Established Matto Plant in Ojiya City, Niigata Pref.
Jul. 1971	Reorganized its Matto Plant, renaming it and establishing it as Matto Nippon Seiki Co.,Ltd.
Jun. 1973	N.S. Electronics Co., Ltd in Nagaoka City, Niigata Prefecture.
Jun. 1982	Established YNS Inc. (currently called NS West Inc.) in Syobara City, Hiroshima Prefecture.
Mar. 1986	Changed the accounting year from September to March.
Jul. 1986	Established New Sabina Industries, Inc. in Ohio, U.S.A.
Aug. 1987	Established UK-NSI Co., Ltd. in Oxfordshire, UK.
Feb. 1989	Listed its stock shares on the Tokyo Stock Exchange Second Section and Niigata Stock Exchange.
Nov. 1990	Established R&D Center in Nagaoka City, Niigata Prefecture.
Feb. 1995	Established a joint-venture company, Shanghai EK Chor Nissei Co., Ltd. in Shanghai, China.
Aug. 1995	Acquired ISO9001 certification.
Dec. 1995	Established Thai-Nippon Seiki Company (currently a consolidated subsidiary) in Bangkok, Thailand
Dec. 1996	Acquired QS9000 certification from the US Big Three automakers for meeting quality requirement standards.
Aug. 1999	Acquired ISO14001 certification.
Jul. 2000	Established NS Advantech Co. through the merger of Matto Nippon Seiki Co. and Asahi Keiki Seisaku-sho Inc.
Dec. 2001	Invested in JNS Instruments Ltd. in Hariyana, India.
Jul. 2004	Acquired ISO/TS1649 certification.
Jul. 2006	Established NS Technical Center in Nagaoka-shi, Niigata prefecture.
Jul. 2006	Established NS Sao Paulo Componentes Automotivos Ltda. in Sao Paulo, Brazil.
Apr. 2008	Established Nippon Seiki De Mexico S.A. De C.V. and Nissei Advantech Mexico S.A. De C.V. in Nuevo Leon, Mexico.
Oct. 2008	Increased its equity stake in Tatung Precise Meter Co., Ltd. The Company thereby added the Taiwan-based company and its subsidiary, Changzhou Shan Chin Precise Machine Co., Ltd. located in Jiangsu , China, to its consolidated financial statements.
Jun. 2011	Established Wuhan Nissei Display System Co., Ltd. in Wuhan, Hubei Province.
Feb. 2012	Established NS Instruments India in Andhra Pradesh State.
Mar. 2012	Established Nissei Display Sales and Development Co., Ltd. in Shanghai, China.
Oct. 2012	Established the Tokyo Technical Center to design and develop passenger-car meters and instruments.
Aug. 2013	Established Nissei Display Mexico, S.A de C.V., a sales subsidiary in Mexico.
Oct. 2013	Established DaNang Nippon Seiki Co., Ltd. in Danang, Vietnam.
Apr. 2017	Consolidated Consumer Products Division and Display Products Division, reorganizing them into Component Division. (currently EMS and Component Division)
Feb. 2018	Obtained an IATF16949 certification.
Feb. 2019	Established Nippon Seiki Poland Sp. z o.o. in Łódź, Poland.
Oct. 2019	Opened the Tokyo R&D Center in Kita Ward, Tokyo.
Mar. 2021	Established NS India Design & Trading Private Ltd. in Haryana, India. (now a consolidated subsidiary)
Apr. 2021	NS Advantech merged with NS Electronics
May 2021	Established the Utsunomiya Technical Center in Utsunomiya, Tochigi Prefecture
Jun. 2021	Nippon Seiki De Mexico S.A. De C.V. merged with Nissei Advantech De Mexico S.A. De C.V. and Nissei Display Mexico, S.A de C.V.
Apr. 2022	Moved to the Standard Market of the Tokyo Stock Exchange from the Second Section due to the Tokyo Stock Exchange’s reorganization.
Oct. 2022	Turned Kyoei Engineering into a subsidiary through a stock acquisition