Nippon Gasket Co., Ltd.
-Main product is cylinder gaskets for automobiles and industries.
-The Company's market share in Japan for Cylinder gasket is 40%. (Research by the Company, as of May 2014)
-In FY ended March 2016, the Company generated consolidated sales of JPY 12.05 billion, which was a 12.0% increase on a year-over-basis (y/y). The Group's operating profit was JPY 668 million (a 65.0% increase y/y), ordinary profit was JPY 864 million (a 34.5% increase y/y), and net income (attributable to owners of parent company) was JPY 638 million (a 42.4% increase y/y).
-The Company has developed new engine components made from carbon fiber reinforced plastic (CFRP). It is promoting the use of these products to OEMs, with the aim of starting mass-production around 2020.
|-Unlisted Company||(As of Mar. 31, 2016)|
|Shareholders||Investment Ratio (%)|
|Taiho Kogyo Co., Ltd.||100.0|
-Metal gaskets for cylinder head
-Graphite gaskets for cylinder head
-Exhaust manifold gaskets
-EGR valve gaskets
Pulp mold products
-Heat insulating materials
-Friction and sliding materials
|Sep. 1950||Okumura Yoshitaka established Okumura Industrial Co., Ltd. and started manufacturing automobile gaskets.|
|Dec. 1952||NHK Spring took over the management and Company name was changed to Osaka Gasket Industrial Co., Ltd.|
|May, 1960||Moved its headquarters and main plant to Higashi Osaka City.|
|Mar. 1963||Took over the gasket marketing division of Japan Pillar Industrial Co., Ltd. and Company name was changed to Japan Gasket Co., Ltd.|
|June, 1966||Introduced Japan's first sheet machine for gaskets, and started integrated manufacturing, from materials to finished product.|
|Oct. 1971||Tie-up with Japan Oil Sheet Industrial Co., Ltd. (currently, NOK Co., Ltd.) and received capital investment from them.|
Established a joint venture company, NHK Gasket (Thailand) Co., Ltd. in Thailand (currently, a consolidated company) with NHK Spring and NHK Spring (Thailand) Co., Ltd.
|Oct. 1979||Established a joint venture company, NHK Gasket Singapore Co. (Pte.) Ltd. (currently, a consolidated company) with NHK Spring Co., Ltd., NHK Spring Distribution Co., Ltd. and Nissho Iwai Co., Ltd.|
|Sep. 1982||Established the Shiga plant to streamline production and expand manufacturing capacity.|
|Dec. 1985||Listed on the Second Section of the Osaka Stock Exchange, as a special trading brand.|
|Oct. 1986||Completed construction of the second plant in the Shiga plant.|
|Feb. 1992||Completed construction of the third plant in the Shiga plant.|
|July, 1996||Listed on the Second Section of the Osaka Stock Exchange.|
|Nov. 1996||Established P.T. NHK Gasket Indonesia, a joint venture company with P.T. Astra International and NHK Spring Co., Ltd.|
|Sep. 1997||Established an assembly line to manufacture materials for metal gaskets and guarantee the quality of seals in the Shiga plant.|
|Nov. 2003||Entered into a business alliance with Taiho Kogyo Co., Ltd.. Includes capital participation by Taiho also.|
|2005||The Company's stock was delisted from the Osaka Securities Exchange.
The Company became a wholly owned subsidiary of Taiho Kogyo Co., Ltd.
Expanded the third plant of the Shiga facility, which makes metal gaskets.
|2006||Taiho Kogyo transferred its entire gasket business to the Company .|
|2007||Transferred its headquarters to Toyota City, Aichi Prefecture.|
|2008||Invested in acquiring a 40 percent share in Taiho Manufacturing of Tennessee LLC. Established Yantai Nippon Gasket Co., Ltd.|
|2009||NHK Gasket (Thailand) Co., Ltd. changed its corporate name to Nippon Gasket (Thailand) Co., Ltd.
PT. NHK Gasket Indonesia changed its corporate name to P.T. Astra Nippon Gasket Indonesia.
Closed down Nippon Gasket Singapore Co. PTE. Ltd.
|2010||Established a development facility on the premises of its headquarters.
Transferred its technical center from the Hosoya Plant of Taiho Kogyo to the Company’s headquarters.
|2012||Commenced mass production of resin gears employing its proprietary "Pulp mold technology".|
|2013||Nippon Gasket of America, Inc. converted Taiho Manufacturing of Tennessee, LLC into its wholly owned subsidiary.
|2016||Established a loading yard and a die factory at the Shiga Plant.|