Hitachi Astemo Co.,Ltd. - Tomi Plant (Formerly Nissin Kogyo Co., Ltd.)

Company Profile

■URL

https://www.hitachiastemo.com/en/

■Address

801 Kazawa, Tomi-shi, Nagano-ken, 389-0514, Japan

Business Overview

-A brake manufacturer belonging to the Honda group.　Since May 2015, the Company started supplying to Mazda.

-Manufactures and sells vehicle and motorcycle brake systems and aluminum products etc.

-The Company strives to enhance automotive safety and reduce environmental impact by making use of its proprietary technology such as high-level aluminum-casting technology and processing technology (aluminum calipers, aluminum knuckles, etc.) and braking technology (low-dragging brake caliper, etc.).

-On March 31, 2016, the Company spun off its automotive brake-control and brake appliance business and turned it into a joint-venture company with Autoliv (Sweden), called Autoliv-Nissin Brake Systems (ANBS). Nissin has a 49% stake while Autoliv has the remaining 51%. The Company aims at continuing to grow its business in the integrated brake system segment while increasing sales to global OEMs.

Shareholders

-Listed on the first section of Tokyo Stock Exchange.

(As of Mar. 31, 2020)

Name or Company Name	Investment Ratio (%)
Honda Motor Co., Ltd.	34.86
Taishin Sangyo Co., Ltd.	5.22
J.P. MORGAN BANK LUXEMBOURG S.A. 1300000	5.04
The Master Trust Bank of Japan, Ltd. (Trust Account)	3.46
Individual shareholder	3.21
Mizuho Securities	3.16
JPMorgan Securities Japan Co., Ltd.	2.66
Japan Trustee Services Bank, Ltd. (Trust Account)	1.92
GOLDMAN, SACHS& CO. REG	1.89
GOVERNMENT OF NORWAY-CFD	1.50
Total	62.96

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Products

Automotive components
Disc brake calipers, front
Disc brake calipers, rear
Aluminum disc brake
Electronic parking brake ; EPB
Drum brakes, rear
Engine mount brackets
Aluminum knuckles, rear

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History

Oct. 1953	Nissin Kogyo Co., Ltd. was established in Chuo-ku Tokyo for the purpose of manufacturing automotive brake parts. Set up a plant in Kami-Kawahara Yanagi-machi, Ueda, Nagano to cast and process aluminum brake pistons for four-wheel vehicles.
Mar. 1961	Headquarters was moved from Chuo-ku, Tokyo to its current location, Kokubun, Ueda, Nagano. Plant was moved to its current location, Kokubun, Ueda, Nagano (currently the No. 1 Plant).
Jul. 1963	Started assembly of drum brake wheel cylinders for four-wheel vehicles.
Oct. 1968	Technical tie-up relating to drum brakes with Lucas Industries (currently Lucas Vality) in the UK Started production of four-wheel vehicle drum brakes.
Aug. 1970	Started production of brake master cylinders and master powers for four-wheel vehicles.
Sep. 1971	Started production of motorcycle master cylinders.
Jul. 1973	Established M.N. Industry Co., Ltd. in Thailand.
Dec. 1974	Started manufacturing motorcycle disk brakes.
May 1978	Started manufacturing four-wheel vehicle disk brakes.
Apr. 1982	Started manufacturing anti-lock brake systems for four-wheel vehicles.
Jul. 1985	Established the Tobu Plant (currently the No. 2 Plant) as the main site for producing four-wheel vehicle brakes in Tobu-machi, Chiisagata-gun, Nagano.
Jul. 1986	Opened the Tochigi Technical center in Takanezawa-machi, Shioya-gun, Tochigi.
Nov. 1987	Invested in P.T. Checmco Harapan Nusantarain Indonesia.
Oct. 1988	Established Findlex Corporation in Ohio, USA
Oct. 1989	Took over Nissin Muroga Seisakujo Co., Ltd. and Naoetsu Light Metals Industry Co., Ltd. and made them into the Muroga plant (currently the No.3 Plant) and the Naoetsu Plant (currently the No. 4 Plant), respectively.
Jan. 1990	Established Nissin Brake System Co., Ltd. in Thailand.
May 1995	Established Nissin Brake Philippines Corporation in Philippines.
Dec. 1995	Established Shandong Nissin Industry Co., Ltd. in Shandong, China.
Oct. 1996	Obtained ISO9001 certification, the international quality assurance standard. Established Nissin Brake Vietnam Co., Ltd. in Vietnam.
Apr. 1997	Established Nissin Brake do Brasil Ltda. in Brazil.
Oct. 1997	Listed on the second section of the Tokyo Stock Exchange.
Mar. 1999	Invested in Showa UK Ltd. in the UK
Jan. 2000	Built a test course named Tochigi Center Proving in Minami-Nasu, Nasu-gun, Tochigi.
Jun. 2000	Invested in Nippon Brake Industry Co., Ltd. in Hachioji, Tokyo.
Jul. 2000	Consolidated six affiliated companies in Thailand to establish Nissin Brake (Thailand) Co., Ltd. and Daisin Co., Ltd.
Oct. 2000	Established Findlex Georgia Corp. in Georgia, USA
Mar. 2002	Listed on the First Section of the Tokyo Stock Exchange
May 2002	Established Nissin R&D Europe S.L. in Spain.
May 2002	Established a joint-venture company, Japan Brake (Thailand) Co., Ltd., in Thailand together with Japan Brake Industrial Co., Ltd.
Oct. 2002	Nissin Soehi Seisakusyo absorbed Nissin Aoki Seisakusyo and changed the Company name to Nissin APS.
Dec, 2002	Established Zhongshan Nissan Industry Co., Ltd. in Guangdong province in China.
Feb. 2004	Findlex Corp. and Findlex Georgia Corp. changed their names to Nissin Brake Ohio Inc. and Nissin Brake Georgia Inc. respectively.
Feb. 2004	Established Nissin R&D Asia Co., Ltd. in Thailand.
Apr. 2004	Findlex Corp. changed its name to Nissin Brake Ohio Inc. and Findlex Georgia Corp. changed its name to Nissin Brake Georgia Inc.
May 2004	Acquired share capital in Ishii Corporation, which is a consolidated subsidiary.
Sep. 2005	Acquired capital in Yoshida Kogyo Co., Ltd., which is located in Saku, Nagano Prefecture, Japan.
Dec. 2006	Established Tungaloy Friction Material Vietnam Ltd. in Vietnam as a joint venture with Tungaloy Corporation.
Jan. 2007	Established Nissan Brake Indian Private Ltd. in India.
Oct. 2008	Nissin Brake Do Brasil Ltda. started operations at its Sao Paulo Plant.
Mar. 2010	Production of parts for four wheeled vehicles being conducted at the Muroga Plant was migrated to the Naoetsu Plant.
Oct. 2010	Established Zhongshan Nissin Industry Co., Ltd. in Guangdong, China.
Jan. 2012	Established P.T. Alcar Chemco Indonesia as a joint venture with the ALCAR Group.
Feb. 2012	Transferred stock shares it owned in Japan Brake Co., Ltd.
Nov. 2012	Established NISSIN BRAKE DE MEXICO,S.A DE C.V. in Mexico.
Mar. 2013	Transferred its stockholding in Nissin Showa UK Ltd.
Dec. 2013	Nissin R&D Europe S.L.U. opened a branch in Germany.
Jul. 2014	Established a new branch, Nissin R&D China-Chongqing, in Chongqing, China.
Sep. 2015	Formed an agreement with the Autoliv Group to create a joint venture for the automotive brake-control and brake-appliance business. Established Autoliv Nissin Brake Systems Japan Co., Ltd. in Japan and Autoliv Nissin Brake Systems America LLC in the USA.
Nov. 2015	Established Autoliv Nissin Brake Research Asia Co., Ltd. in Thailand. P.T. Chemco Harapan Nusantara of Indonesia merged and absorbed P.T. Alcar Chemco Indonesia.
Dec. 2015	Established Autoliv Nissin Brake Systems (Zhongshan) Co., Ltd. in China.
Mar. 2016	Spun off the automotive brake-control and brake appliance businesses in Japan, the USA, China and Thailand and formed them into a joint venture with the Autoliv Group.
Jun. 2016	Moved the Company headquarters from Ueda City to Tomi City in Nagano Prefecture.
Jun. 2019	Transferred all shares in Veoneer Nissin Brake Systems America LLC to Veoneer Roadscape Automotive, Inc. , a wholly owned subsidiary of Veoneer.
Oct. 2019	Agreed at board of directors meeting that the final M&A and dissolution of Keihin, Showa, and the Company would be finalized, and that Hitachi Automotive Systems would emerge as the surviving company, based on an M&A agreement formed among six companies as parties to the agreement, which also includes Hitachi Limited and Honda Motor besides the aforementioned four companies.
Feb. 2020	Acquired additional stock shares in Veoneer Nissin Brake Systems Japan and Veoneer Nissin Brake Systems (Zhongshan) Co., Ltd., dissolving the joint-venture with Veoneer. As a result, the companies were renamed Nissin Brake Systems Co., Ltd. and Nissin Brake Systems Zhongshan Co., Ltd. (currently consolidated subsidiaries).