Hitachi Astemo Co.,Ltd. - Tomi Plant (Formerly Nissin Kogyo Co., Ltd.)
Company Profile
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 |
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
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). |
Supplemental Information 1
>>>FY ending Mar. 31, 2008 Business report
>>>FY ending Mar. 31, 2009 Business report
>>>FY ending Mar. 31, 2010 Business report
>>>FY ending Mar. 31, 2011 Business report
>>>FY ending Mar. 31, 2012 Business report
>>>FY ending Mar. 31, 2013 Business report
>>>FY ending Mar. 31, 2014 Business report
>>>FY ending Mar. 31, 2015 Business report
>>>FY ending Mar. 31, 2016 Business report
>>>FY ending Mar. 31, 2017 Business report
>>>FY ending Mar. 31, 2018 Business report
>>>FY ending Mar. 31, 2019 Business report
Archives of Past Exhibits
Note: A figure in brackets ( ) indicates a loss