NOK Corporation

Company Profile

■URL

http://www.nok.co.jp/en/index.html

■Address

1-12-15, Shibadaimon, Minato-ku, Tokyo 105-8585 Japan

Business Overview

-The world's largest and independent oil seal manufacturer.

-Formed a business alliance with the largest European oil seal maker, Freudenberg in 1960 and formed worldwide networks among suppliers in Japan, the United States and Europe.

-The Company has 70% of the market share in oil seals in Japan, and 50% of the global market share, according to the Company’s own market research.

Shareholders

-Listed on the first section of Tokyo Stock Exchange. (As of Mar. 31, 2016)
Name or Company name Investment Ratio (%)
Freudenberg SE 25.10
Seiwa Jisyo Co., Ltd. 5.07
The Dai-ichi Life Insurance Company, Limited 4.62
Japan Trustee Services Bank, Ltd. (Trust Account) 4.21
Toyota Motor Corp. 3.93
National Mutual Insurance Federation of Agricultural Cooperatives 3.00
Sumitomo Mitsui Banking Corporation 2.47
The Master Trust Bank of Japan, Ltd. (Trust Account) 2.16
Sompo Japan Nipponkoa Insurance Inc. 2.06
Japan Trustee Services Bank, Ltd. (Sumitomo Mitsui Banking Corporation retirement benefit trust account re-entrusted by Sumitomo Mitsui Trust Bank, Ltd.) 1.73
Total 54.36

Products

Seal products
Oil seals
Packings
O-rings
Mechanical seals
Lip seals
Metal gaskets
Static metal packings
Seal washers
Gaskets with FPC: Flexible Printed Circuits

Electronics products
Flexible circuits

Vibration isolator and Sound isolating products
Anti-vibration rubbers

Industrial rubber and Resin products
Diaphragm
Bellows
Boots
CVJ boots
Dust covers

Fluid power equipments
Accumulators

Functional industrial products
Solenoids
Actuators
Sensors
Intake control valves
Reed valves
Valves
Oil-less bearings
Compressor valves
Recoil starter

Special products
Special lubricants

History

Dec.1939 Established Edogawa Seiki in Katsushika, Tokyo.
Oct. 1948 Renamed as Tokyo Oil Seal Kogyo.
Dec. 1951 Merged with Nippon Yushi Kogyo, and changed Company name to Nippon Oil Seal Kogyo.
June 1954 Head office and plant moved to Ota, Tokyo.
Mar. 1960 Formed a business tie-up with the German company Freudenberg.
Aug. 1960 Built Fujisawa Works (Current Shonan Development Center) in Fujisawa, Kanagawa.
Sept. 1961 Listed on the Nagoya Stock Exchange.
Oct. 1961 Listed on the Tokyo Stock Exchange.
Oct.1961 Transferred headquarters to Chuo-ku, Tokyo.
June 1963 Established Saga Plant (currently Saga business facility) in Nakahara-cho, Saga Pref.
Oct. 1964 Established a subsidiary NIHON SEAL ALL Inc. (currently Eagle Industry Co., Ltd., an
affiliated company).
Jan. 1966 Head office moved to the current location.
Aug. 1967 Established Shizuoka Plant (currently Shizuoka business facility) in Makinohara-shi, Shizuoka Pref.
Apr. 1968 Established a subsidiary, NOK-USA., Inc., currently NOK Inc., in the United States.
April 1968 Established Fukushima Plant (currently Fukushima business facility) in Fukushima, Fukushima Pref.
April 1970 Established Kumamoto Plant (currently Kumamoto business facility) in Asa, Kumamoto.
Dec. 1974 Established Tokai Plant (currently Tokai business facility) in Kikukawa-shi Shizuoka Pref.
Dec. 1976 Established NOK Cluver, a subsidiary.
Dec. 1978 Established NOK Megrastic, a subsidiary.
Jan. 1982 Eagle Industry Co., Ltd., an affiliated company was listed on the Tokyo Stock Exchange.
July 1985 Changed name from Nippon Oil Seal Kogyo to NOK Corporation.
Aug. 1987 Established Nihonmatsushi business facility in Nihonmatushi, Fukushima Pref.
Oct. 1988 Established a subsidiary in Thailand, Thai N.O.K. Co., Ltd.
Mar. 1989 Established NOK EG&G Optelectronics (currently NEOPT Corp.), a subsidiary.
July 1989 Its U.S. subsidiary, NOK Inc., established Freudenberg NOK GP with the U.S. subsidiary of Freudenberg.
Aug. 1989 Established Tsukuba Technology Research Center in Tsukuba, Ibaraki Pref.
Jun. 1995 Established a subsidiary in China, Wuxi NOK-Freudenburg Co., Ltd.
July,1996 Established a subsidiary, NOK Asia Co., Pte. Ltd., in Singapore.
Mar,2000 Started negotiations with Freudenberg GmbH with regard to the O-ring business, focusing on marketing in response to global shared ordering.
Apr,2001 Invested 1 billion yen to establish a wholly-owned subsidiary and plant in Thailand to produce HDD components. Will shift production from Japanese plants and concentrate it in this new plant, which currently produces 30% of total sales. Projected increase to 40%.
July 2001 Concentrated the main oil seal business at Fukushima business facility. Transferred and integrated the Fujisawa business facility's machine tool oil seal R&D functions to the Fukushima facility.
Apr. 2002 Span off a subsidiary UNIMATEC from another subsidiary Nippon Mektron, Ltd.
Jan. 2004 Newly established its Tottori plant in Nambucho, Tottori Prefecture.
Mar. 2004 Acquired all the shares in Hokushin Corporation and made it its subsidiary.
Oct. 2004 Delisted from the Nagoya Stock Exchange.
Mar. 2005 Acquired all the shares in Nitto Kogyo Corporation and made it its subsidiary.
Apr. 2005 Established Shonan Development Center in Fujisawa City, Kanagawa Pref.
Apr. 2007 Consolidated its subsidiaries, Hokushin Corporation and Nitto Kogyo Corporation, renaming them as a new company, Synztec Co., Ltd.
Apr. 2010 Established Kitaibaraki plant in Ibaraki Pref., Japan.

Supplemental Information 1

Joint Venture Agreement

(As of Mar. 31, 2015)
Joint venture partner Content Name of the joint venture company Signed on
Freudenberg& Co. KG
(Germany)
A joint venture in the field of such seal products as oil seal and O-ring and related products between NOK Inc, a US subsidiary, and Freudenberg's US subsidiary Freudenberg NOK GP Mar. 23, 1989


NOK Corporation
>>>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

Archives of Past Exhibits

NOK-Freudenberg Group China
>>>Business Report up until FY ended Dec. 2013
>>>Business Report up until FY ended Dec. 2015

Note: A figure in brackets ( ) indicates a loss