Nippon Seiki Co., Ltd.

Company Profile

■URL

http://www.nippon-seiki.co.jp/global/

■Address

2-2-34 Higashi Zaoh, Nagaoka-shi, Niigata-ken 940-8580, Japan

Business Overview

-The Company is a major manufacturer of automotive meters and instruments. The Company has the leading market share in head-up displays (HUDs), according to its own research.
-The Company's main lines of business are the manufacture and sale of passenger-car, motorcycle, and general-purpose meters and instruments; LCD display elements, and consumer products.

Recent business developments

-Sales for the fiscal year that ended in March 2017 were JPY 240.5 billion. The sales target for the fiscal year ending in March 2018 is 300.0 billion, with an target of JPY 300.0 billion in the future.
-The Company’s aggregated sales of head-up displays (HUDs) broke through the 2.5 million mark in July 2015. So far, the Company has produced more than 2.7 million units in total.

Shareholders

-Listed on the second section of Tokyo Stock Exchange. (As of Mar. 31, 2017)
Name or Company name Investment Ratio (%)
Honda Motor Co., Ltd. 6.16
BBH For Fidelity Low-priced Stock Fund 4.65
JP Morgan Chase Bank 385632 4.04
Japan Trustee Services Bank, Ltd. 3.76
The Master Trust Bank of Japan, Ltd. 3.21
The Bank of Tokyo-Mitsubishi UFJ, Ltd. 2.92
The Daishi Bank, Ltd. 2.57
Employees Stockholding 2.06
BBH for matthews japan fund 2.02
Yamaha Motor Co., Ltd. 1.99
Total 33.42

Products

Automobile Instruments

Heads-up displays (HUD)

Sensor products
-Level sensors
-Revolution sensors
-Pressure sensors
-Angle sensors
-Temperature sensors

Display products
-Passive LCD
-Passive OLED

History

Dec. 1946 Established Nippon Seiki Co., Ltd. in a town that what was formerly called Zaoh (currently Matsuba), Nagaoka City, Niigata Prefecture.
Started manufacturing and sales of clocks and instruments (meters).
Oct. 1951 Established new main plant in Kita-Nakajima (currently Nakajima Town), Nagaoka City, Niigata Prefecture and moved head office to the site.
Sep. 1955 Moved head office and plant to Nishi-Shinmachi (currently Shirooka), Nagaoka City, Niigata Prefecture.
Dec. 1970 Moved head office and plant to the present location.
Dec. 1970 Established Matto Plant in Ojiya City, Niigata Pref.
Jul. 1971 Reorganized its Matto Plant, renaming it and establishing it as Matto Nippon Seiki Co.,Ltd.
Jun. 1973 N.S. Electronics Co., Ltd in Nagaoka City, Niigata Prefecture.
Jun. 1982 Established YNS Inc. (currently called NS West Inc.) in Syobara City, Hiroshima Prefecture.
Mar. 1986 Changed the accounting year from September to March.
Jul. 1986 Established New Sabina Industries, Inc. in Ohio, U.S.A.
Aug. 1987 Established UK-NSI Co., Ltd. in Oxfordshire, UK.
Feb. 1989 Listed its stock shares on the Tokyo Stock Exchange Second Section and Niigata Stock Exchange.
Nov. 1990 Established R&D Center in Nagaoka City, Niigata Prefecture.
Feb. 1995 Established a joint-venture company, Shanghai EK Chor Nissei Co., Ltd. in Shanghai, China.
Aug. 1995 Acquired ISO9001 certification.
Dec. 1995 Established Thai-Nippon Seiki Company (currently a consolidated subsidiary) in Bangkok, Thailand
Dec. 1996 Acquired QS9000 certification from the US Big Three automakers for meeting quality requirement standards.
Aug. 1999 Acquired ISO14001 certification.
Jul. 2000 Established NS Advantech Co. through the merger of Matto Nippon Seiki Co. and Asahi Keiki Seisaku-sho Inc.
Dec. 2001 Invested in JNS Instruments Ltd. in Hariyana, India.
Jul. 2004 Acquired ISO/TS1649 certification.
Jul. 2006 Established NS Technical Center in Nagaoka-shi, Niigata prefecture.
Jul. 2006 Established NS Sao Paulo Componentes Automotivos Ltda. in Sao Paulo, Brazil.
Apr. 2008 Established Nippon Seiki De Mexico S.A. De C.V. and Nissei Advantech Mexico S.A. De C.V. in Nuevo Leon, Mexico.
Oct. 2008 Increased its equity stake in Tatung Precise Meter Co., Ltd. The Company thereby added the Taiwan-based company and its subsidiary, Changzhou Shan Chin Precise Machine Co., Ltd. located in Jiangsu , China, to its consolidated financial statements.
Jun. 2011 Established Wuhan Nissei Display System Co., Ltd. in Wuhan, Hubei Province.
Feb. 2012 Established NS Instruments India in Andhra Pradesh State.
Mar. 2012 Established Nissei Display Sales and Development Co., Ltd. in Shanghai, China.
Oct. 2012 Established the Tokyo Technical Center to design and develop passenger-car meters and instruments.
Aug. 2013 Established Nissei Display Mexico, S.A de C.V., a sales subsidiary in Mexico.
Oct. 2013 Established DaNang Nippon Seiki Co., Ltd. in Danang, Vietnam.

Supplemental Information 1