Nisshinbo Holdings Inc.

Company Profile



2-31-11, Ningyo-cho, Nihonbashi, Chuo-ku, Tokyo, 103-8650, Japan

Business Overview

-The company is a global manufacturer with a focus on wireless, communications, semiconductors, and other electronics businesses, as well as operations in other fields. The company's business is divided into seven segments: wireless communications, microdevices, brakes, precision instruments, chemicals, textiles, and real estate.

-In the brake business, the company manufactures and sells automotive brake friction materials, and has the largest share of the global market (according to the company's announcement).


Products by segment

Wireless and Communication Communication systems for ADAS, ETC, locators, GNSS receivers, etc.
Microdevices Electronic devices for car audio, power control units, EPS, BMS, parking assist
Brakes Friction materials for brakes
Precision Equipment EBS valve blocks, molded products for automotive use
Chemicals Fuel cell separators
Fibers & Textiles -
Real Estate -


Financial Highlights

-For the fiscal year ending December 31, 2020, consolidated net sales were JPY 457,051 million (down JPY 52,609 million, or 10.3% YoY), operating income was JPY 1,248 million (down JPY 5,234 million, or 80.7% YoY), and ordinary income was JPY 3,466 million (down JPY 8,237 million, or 70.4% YoY).

-Net income attributable to owners of the parent increased by JPY 20,144 million YoY to JPY 13,540 million due to extraordinary gains such as gains on sales of investment securities and fixed assets, and a decrease in impairment losses.

-In the past, the consolidated fiscal year end was March 31 every year, but from FY2018, the fiscal year end was changed from March 31 to December 31.



-In 2020, JRC will transfer the ETC on-board equipment, locators, GNSS receivers, and other businesses from Japan Radio's Communication Equipment Division to JRC Mobility, and will hasten the introduction of an automated production system to meet increasing demand for ETC on-board equipment. In April 2020, JRC Mobility will acquire RBI GmbH and LEAS GmbH in Germany, which support the development of in-vehicle equipment for major automakers, and make them its wholly owned subsidiaries. In April 2020, JRC Mobility acquired RBI GmbH and LEAS GmbH in Germany, which support the development of in-vehicle equipment for major automakers, making them wholly owned subsidiaries.

-In October 2020, Nisshinbo Mechatronics in the Precision Equipment Business announced that it would develop molded parts with integrated wiring for ADAS-equipped vehicles with Elefantec. It will combine Nisshinbo Mechatronics' injection molding technology with Elefantec's IMPC technology, a three-dimensional wiring technology. By integrating the resin molded parts and wiring, it will be possible to install a large number of functions with a small number of parts, and respond to the manufacturing of automotive parts with increasingly sophisticated automatic driving technology.


-Listed on the first section of the Tokyo Stock Exchange  (As of Dec. 31, 2020)
Name or Company Name Investment ratio (%)
The Master Trust Bank of Japan, Ltd. (Trusty Account) 16.95
Custody Bank of Japan, Ltd. 7.61
Teijin Ltd. 6.33
Fukoku Mutual Life Insurance Co. 5.41
Shikoku Chemicals Corporation 1.56
Custody Bank of Japan, Ltd. (Trust Account) 1.39
The Japan Wool Textile Co., Ltd. 1.37
Custody Bank of Japan, Ltd. (Trust Account 5) 1.17
Total 44.38



ICs and operational amps for automobile
Applied to:
-Power control unit; PCU
-Electric power steering; EPS
-Body control module; BCM
-Safety; clash avoidance, prevention (ADAS), parking assist system
-Entertainment; car navigation, car audio
-Battery Management System; BMS
-LED Headlight ECU
-Vehicle to Everything ;V2X
-Corner sensor ECU
-Center console

Electronics parts for automotive
-High power transformers
-Choke coils
Applied to:
-DC-DC converter for 12V output
-Electric inverter for compressor
-EV battery charger
-Electric power steering

GPS modules

Automobile brakes

-Brake linings
-Disc pads
-Drum brakes
-Drum brakes for medium- and heavy- duty trucks
-Brake linings for medium- and heavy- duty trucks

Precision instruments

Brake components
-Brake master cylinders
-Proportioning valves
-Disc brake calipers
-Wheel cylinders
-Joint brackets

Engine components
-EGR valves
-Air control valves
-Supercharged air control valves
-Exhaust brake valves

Other engine parts
-Intake-air shutter valves
-Exhaust shutter valves
-Check/delay valves

Other parts
-Clutch master cylinders
-Clutch release (slave) cylinders
-Filler caps
-Fuel cut valves
-Hoses with check valves
-Control valves for automotive steering systems

Precision parts
-EBS valve blocks
-Housing for diesel fuel-injection management pump
-Cylinder for diesel fuel-injection management pump

Interior and exterior parts
-Instrument panel decorative parts
-Console decorative parts
-Door trim decorative parts
-Overhead console
-Center console
-Seat plastic parts
-Luggage trim
-Back door trim
-Pillar garnish
-Front grill
-Wire harness

Lighting and functional parts
-Thick wall light guide side turn lens
-Lamp outer lens
-Lamp inner lens
-Lamp LED light guide parts
-Lamp housing
-Door mirror power unit
-Meter dial plate
-Meter panel
-Connector parts
-HV high‐voltage cable protector

Power management ICs for automotive
-LDO regulators (Linear regulators)
-Watchdog timers
-LED controllers
-Reset ICs (Voltage detectors)
-DC-DC converters (Switching regulators)
-USB switches


-Bipolar plates for fuel cells


Feb. 1907 Established and registered as Nisshin Cotton Spinning Co., Ltd. with capital of 10 million yen.
May 1949 Listed on the Tokyo Stock Exchange.
May 1950 Ueda Japan Radio Co., Ltd.
Oct. 1961 Listed on the first section of the Tokyo Stock Exchange.
Jan. 1987 Established Hamakita Precision Machine Plant
Jan. 1989 Established Kobunsi (Thailand) Ltd. (currently a consolidated subsidiary)
Apr. 1993 Renamed its Nishi-arai Chemical Plant and Tatebayashi Chemical Plant to Tokyo Plant and Tatebayashi Plant, respectively.
Apr. 1993 Relocated the headquarters to 2-31-11, Nihonbashi Ningyo-cho, Chuo-ku, Tokyo.
Feb. 1995 Established Nisshinbo Automotive Corporation in U.S.A. (currently a consolidated subsidiary).
Jun. 1996 Established Nisshinbo Somboon Automotive Co., Ltd. in Thailand (currently a consolidated subsidiary).
Mar. 1997 Nisshinbo Automotive Corporation, one of Nisshinbo's consolidated subsidiaries, established a wholly-owned company Nisshinbo Automotive Manufacturing Inc. in the U.S.A. (currently a consolidated subsidiary).
Mar. 1999 Established Searon Automotive Corporation in South Korea (currently a consolidated subsidiary).
Dec. 1999 Jointly established Continental Teves with Continental Teves AG & Co., oHG of Germany.
Mar. 2004 Acquired Enjiasheng Electronic Ltd. (Liangyungang) of China through a joint investment with Continental Teves AG&Co, oHG (Germany) and renamed the new subsidiary to Shengdesheng Electrolnic Ltd. (Lianyungang)
Jan. 2005 Opened its new Toyota plant.
Oct. 2005 Searon Automotive Corp.(Korea) was listed on the Korea Stock Exchange. (currently a consolidated subsidiary)
Dec. 2005 Acquired additional shares in New Japan Radio Co., Ltd. by making a tender offer. (currently a consolidated subsidiary)
Dec. 2006 Increased its equity in Japan Radio Co., Ltd. and Nagano Japan Radio Co., Ltd.
Dec. 2006 Closed down its Toyama Plant and Nagoya Plant.
Jul. 2007 Acquired 100 percent of the shares in Daiwa Shiko Co., Ltd., which is currently a consolidated subsidiary.
Jul. 2007 Closed down its Harisaki Plant.
Jul. 2007 Made Choya Co., Ltd. its wholly owned subsidiary by conducting a stock swap.
Oct. 2008 Made Nisshinbo Brake Sales Co., Ltd. its wholly owned subsidiary by conducting a stock swap.
Oct. 2008 Nisshin Toa, Inc., which is currently a consolidated subsidiary, absorbed Nisshin Tech., Co., Ltd., currently a wholly owned subsidiary.
Oct. 2008 Liquidated Nisshinbo Kikai Hanbai Co., Ltd., one of its consolidated companies.
Dec. 2008 Liquidated Nisshinobo Mobics, which is currently a wholly owned subsidiary.
Apr. 2009 Spun off the following five business sectors: Textiles, Automobile Brakes, Papers, Mechatronics and Chemicals, and transformed itself into a holding company, changing its corporate name to Nisshinbo Holdings Inc.
Dec. 2009 Nisshinbo Automotive Corporation, a consolidated subsidiary, was dissolved for integration with Nisshinbo Automotive Manufacturing Inc. an existing consolidated subsidiary.
Apr. 2010 Nisshinbo Brake Inc. (now a consolidated subsidiary) absorbed Nisshinbo Brake Sales Co., Ltd. (consolidated subsidiary).
Dec. 2010 The Company acquired additional shares in JRC Nihon Musen (now a consolidated subsidiary) through a takeover bid, after which it also made Nagano Japan Radio Co., Ltd. its subsidiary.
Feb. 2011 Nisshinbo Brake Inc. (consolidated subsidiary) and Saeron Automotive Corporation in Korea (consolidated subsidiary) jointly established Nisshinbo Saeron Automotive Changshu Corp. in China. 
Nov. 2011 Purchased all outstanding stock shares in TMD Friction Group S.A. (based in Luxembourg), which became a consolidated subsidiary.
Mar. 2012 Established Nisshinbo Business Management (Shanghai) Co., Ltd.
Jul. 2013 Established Nisshinbo Commercial Vehicle Brake Ltd. (NCB) in Thailand.
Oct. 2015 Acquired all of the outstanding stock in Nambu Plastics Co., Ltd, making it a consolidated subsidiary.
Mar. 2016 Japan Radio Co., Ltd. turned Nagano Japan Radio Co., Ltd. and Ueda Japan Radio Co., Ltd. into wholly owned subsidiaries through a stock swap.
Oct. 2017 Acquired stock shares in Japan Radio Co., Ltd., making the company a wholly owned and consolidated subsidiary.
Mar. 2018 Acquired stock shares in Ricoh Electronic Devices Co., Ltd.
Apr. 2018 Established JRC Mobility Inc.
Sep. 2018 Acquired stock shares in New Japan Radio Co.,Ltd. making the company a wholly owned and consolidated subsidiary.

Supplemental Information 1