Nichirin Co., Ltd.
Company Profile
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Business Overview
-An independent, leading manufacturer of hoses for automobiles and motorcycles.
-In Japan, the Company has practically 100% of the market share of brake hoses for motorcycles.
Shareholders
-Listed on the Standard Market of the Tokyo Stock Exchange. | (As of Dec. 31, 2023) |
Name or Company name | Investment Ratio (%) |
Taiyo Koko Co., Ltd. | 23.90 |
Sojitz Corporation | 8.50 |
Custody Bank of Japan (Trust account) | 3.99 |
Mizuho Bank Ltd. | 2.77 |
Nippon Fine Chemical Co., Ltd. | 2.12 |
Tokyo Century Corporation | 1.77 |
Mizuho Investors Securities Co., Ltd. | 1.45 |
BNYM RE BNYMLB RE GPP CLIENT MONEY AND ASSETS AC (Standing proxy MUFG Bank, Ltd.) | 1.28 |
Sumitomo Mitsui Banking Corporation | 1.06 |
Individual shareholder | 1.06 |
Total | 47.90 |
Products
Automotive
-Brake Hoses
- NICHIRIN Brake Hose (for Automotive Hose)
-Various types of piping for heat-management systems
- NICHIRIN Air Conditioning Hose
- NICHIRIN All Rubber A/C
- NICHIRIN Veneer A/C
- IHX (Internal Heat Exchanger)
-Other Products (For Automotive)
- NICHIRIN Power Steering Hose
- High Pressure Hose/Return Hose/Suction Hose
- ATF Hose (Automatic Transmission Fluid Hose)
- EF-TUBE (foe CO2 Refrigerant Air Conditioning System)
- Oil Cooler Unit
- Vacuum Brake Hose (for Brake system)
- Hydraulic hose for roll control system
- Air Brake Hose
- Clutch Hose
- ESC Hose (Stability Control Hose)
- CNG hose
- Oil Cooler Hose
- Suspention Hose
- Urea SCR Hose (for Diesel Emissions Reduction)
History
May, 1914 | Founded manufacturing business of bicycle tires, tubes, various rubber hoses and industrial rubber products under the name of Nippon Ringyo Goshi Company in Kobe, Japan.(Initial capital: 100,000 yen) |
Mar. 1924 | Changed the company name to Nippon Ringyo Co., Ltd. |
Feb. 1931 | Changed the company name to Nippon Ringyo Gomu Co., Ltd. |
May, 1934 | Started making phenolic molding products for manufacturing artificial silk in Osaka. |
Apr. 1937 | Began manufacturing business of high pressure hoses for aircraft and rubber hoses for automobiles. |
1941-1943 | Established additional plants in Osaka, Tsutsui (Kobe), Himeji city to increase production capacity of aircraft hoses and oil resistant seal products. |
Mar. 1943 | Established Tokyo office to promote sales activities in the eastern region of Japan. |
Aug. 1943 | Changed the company name to Nichirin Rubber Industrial Co., Ltd. |
Aug. 1945 | All facilities were destroyed during World War 2. |
Aug. 1945 | All the plants burned down due to the war. |
Mar. 1946 | Re-established a new facility in Himeji city and continued manufacturing business. |
Apr. 1957 | Started production of car air conditioning hoses. |
Apr. 1965 | Started production of power steering hoses. |
Apr. 1967 | Started production of hydraulic brake hoses for use in motorcycles. |
Mar. 1970 | The Himeji Factory was moved from Hojo, Himeji City, because of the Sanyo Shinkansen project. The plant started operations at the new site in Bessho-cho in the same city. The Company discontinued production of motorcycle tire tubes and hoses for railcars. |
Nov. 1975 | Raised capital to 100 million yen. |
Oct. 1986 | Established overseas affiliate, "Sunchirin Industry (M) Sdn. Bhd." in Malaysia. (Currently, Sunchirin Industries (Malaysia Berhad) |
Feb. 1987 | Established overseas subsidiary, "Nichirin Inc." in Canada. |
July, 1989 | Established overseas subsidiary, "Nichirin-Flex U.S.A., Inc." in the United States. |
Sep. 1989 | Moved the Tokyo office to Shibaura, Minato ward, Tokyo. |
July, 1991 | Changed the company name to "Nichirin C., Ltd." |
Jun. 1994 | Established overseas affiliate, "Nichirin (Thailand) Co., Ltd." in Thailand. |
Aug. 1995 | Moved its headquarters to Sannomiya, Chuo-ku, Kobe City. |
Oct. 1995 | All the hose operations at the Himeji Plant obtained ISO9001 certification. |
July, 1996 | Sunchirin Industries (Malaysia) Berhad (an affiliated company in Malaysia) was listed on the second section of the Kuala Lumpur Stock Exchange. |
Dec. 1996 | Established ShanghaiI Nichirin Automobile Accessories Co., Ltd. as a local subsidiary in China. |
Aug. 1997 | Listed on the second section of the Osaka Stock Exchange. |
Oct. 1998 | Established Nichirin Coupler Tech USA Inc. as a local subsidiary in the United States. |
Feb. 1999 | Established Nichirin UK Limited as a local subsidiary in England. |
Jul. 2001 | Established a joint venture in the Czech Republic with Visteon, Visteon Nichirin Czech SRO. |
Feb. 2002 | Obtained ISO14001 certification. |
Apr. 2002 | Jointly with Nichirin Inc. established Nichirin Tennessee Inc, a new company which manufactures brake and power steering hoses for use in passenger cars and motorcycles in Tennessee, USA. |
July, 2004 | Absorbed Nichirin Kohan Co., Ltd., its subsidiary established in June 1966. |
Nov. 2004 | Established Nichirin Flex (Shanghai) Co., Ltd. in China. |
Feb. 2005 | Acquired ISO/TS16949: 2002 Certification. |
Aug. 2005 | Established Nichirin Rubber Industrial (Shanghai) Co., Ltd) in China. |
Nov. 2005 | The Company issued an additional 1 million shares, increasing the number of outstanding shares to 9 million and registered capital to 1,729 million yen. |
Apr. 2006 | Established the Nichirin R&D center within the premises of the Himeji plant. |
May 2008 | Established Nichirin Vietnam Co., Ltd. in Vietnam. |
Oct. 2010 | Established Nichirin Autoparts India Pvt., Ltd. in India. |
Apr. 2011 | The Company established PT. Nichirin Indonesia, a subsidiary in Indonesia. |
Feb. 2013 | Established overseas office Hutchinson Nichirin Brake Hoses, S.L. in Spain. |
Feb. 2013 | Announced that it plans to close and liquidate its Canada-based subsidiary, Nichirin Inc., effective June 30, 2013. |
July 2013 | Listed on the second section of the Tokyo Stock Exchange after the market of the Osaka Securities Exchange was integrated with that of the Tokyo Stock Exchange. |
Oct. 2016 | Converted Hutchinson Nichirin Brake Hoses, S.L., a joint venture with France-based Hutchinson S.A., into a consolidated subsidiary by increasing stake in the company from 70% from the previous 30%. |
Dec. 2017 | Established a research center for production technologies (production technology center) within the premises of the Himeji plant. |
Dec. 2017 | Established Suzhou Nichirin Automobile Parts Co., Ltd. in China as a subsidiary. |
Apr. 2022 | Moved to the Standard Market of the Tokyo Stock Exchange due to TSE’s reorganization. |
Supplemental Information 1
>>>Business report FY ended Dec. 31, 2007
>>>Business report FY ended Dec. 31, 2008
>>>Business report FY ended Dec. 31, 2009
>>>Business report FY ended Dec. 31, 2010
>>>Business report FY ended Dec. 31, 2011
>>>Business report FY ended Dec. 31, 2012
>>>Business report FY ended Dec. 31, 2013
>>>Business report FY ended Dec. 31, 2014
Note: A figure in brackets ( ) indicates a loss