Nisshinbo Holdings Inc.

Company Profile



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

Business Overview

-A major manufacturer of automotive brakes.

-In April 2009, the Company spun off its major business sectors and transformed itself into a holding company. It thereby adopted a new corporate name, Nisshinbo Holdings Inc.

-The Company is active in the following 8 segments: Electronics, Automotive brakes, Precision instruments, Chemicals, Textiles, Paper, Real estate and Other businesses (wholesale food distribution, and others).

-Automotive products are produced and sold at the Electronics Business, the Automotive Brake Business, the Precision instruments Business and the Chemicals Business.

-After the acquisition of Japan Radio Co., Ltd. and Nagano Japan Radio Co., Ltd., the electronics business accounted for around 40% of total sales. And following the acquisition of European firm TMD Friction Group S.A. through an M & A deal in 2011, the Company became into a top-class global supplier of friction materials in the automobile brakes business as well, with this segment now accounting for more than 30% of total sales.

-The Company formed an alliance with Continental AG (the former Continental Teves), which is based in Germany, to cooperating in the brake sector.


-Listed on the first section of the Tokyo Stock Exchange, the Nagoya Stock Exchange, the Sapporo Stock Exchange and the Fukuoka Stock Exchange.  (As of Mar. 31, 2016)
Name or Company Name Investment ratio (%)
The Master Trust Bank of Japan, Ltd. 12.08
Japan Trustee Services Bank, Ltd. 10.31
Fukoku Mutual Life Insurance Co. 6.71
Teijin Ltd. 3.37
Trust & Custody Services Bank Ltd. 2.78
Goldman Sachs 1.48
CBNY-Government of Norway 1.47
Shikoku Chemicals Corporation 1.45
BNP PARIBAS Securities Limited 1.37
Mizuho Bank, Ltd. 1.29
Total 42.31



ICs and operational amps for automobile
-Power control unit; PCU
-Electric power steering; EPS
-Body control module; BCM
-Safety; clash avoidance, prevention (ADAS), parking assist system
-Information; head-up displays (HUD), Instrument panel
-Entertainment; car navigation, car audio
-Center console

Electronics parts for automotive
-High power transformers
-Choke coils
-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 small vehicles
- LT type
- DS type
- DMDB type
Drum brakes for medium- and heavy-duty trucks
- 2L type
- D2L type
- LT type
- LT type with a parking brake

Disc brakes
Disc brakes for medium- and heavy-duty trucks
- Reaction beam hydraulic disc brakes
- Reaction beam air disc brakes
Brake shoe assemblies

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
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

EBS valve blocks

Fan assemblies for car air-conditioners and radiator fans

Plastic molded parts


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.

Supplemental Information 1

Agreement on Forming a Joint Venture Corporation

(As of Mar. 31, 2016)
Contract Details Concluded in:
Continental Teves AG & Co., oHG
Established Continental Teves Corporation, a joint venture for developing, producing and selling electric brake systems and other brake products, excluding friction materials, drum brakes and brakes for medium-duty commercial vehicles. Nov. 2000

>>>FY ended Mar. 31, 2008 Business Report

>>>FY ended Mar. 31, 2009 Business Report
>>>FY ended Mar. 31, 2010 Business Report
>>>FY ended Mar. 31, 2011 Business Report
>>>FY ended Mar. 31, 2012 Business Report
>>>FY ended Mar. 31, 2013 Business Report
>>>FY ended Mar. 31, 2014 Business Report
>>>FY ended Mar. 31, 2015 Business Report

Note: A figure in brackets ( ) indicates a loss