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Nissin Kogyo

From Wikipedia, the free encyclopedia

Nissin Kogyo
Native name
日信工業株式会社
Company typeBrand
IndustryAutomotive
FoundedOctober 1953; 71 years ago (1953-10)
Headquarters
Tomi City, Nagano, 389-0514
,
Japan
Area served
Worldwide
Key people
Yasushi Kawaguchi[1]
(President and CEO)
Products
  • Brakes systems for 2- and 4-wheeled vehicles
  • Aluminum products
RevenueJPY 166.8 billion (FY 2016) (US$ 1.54 billion) (FY 2016)
JPY 5.3 billion (FY 2016) (US$ 49 million) (FY 2016)
Number of employees
9,557 (consolidated, as of March 31, 2016)
ParentHitachi Astemo
Footnotes / references
[2][3]

Nissin Kogyo (日信工業株式会社, Nisshin Kōgyō Kabushiki-gaisha) is a Japanese automotive parts brand of vehicle braking systems and aluminium products owned by Hitachi Astemo. The company was founded in 1953 and was listed on the first section Tokyo Stock Exchange until January 2021. As of March 2017, the company had 1.54 billion dollars[3] in revenue and 9,557 employees.[4] Honda Motor Company was the largest shareholder, owning 34.6 percent of total shares.

Nissin Kogyo is headquartered in Nagano, Japan with subsidiary manufacturing plants in Ohio,[5] Georgia, USA,[6] Mexico,[7] Brazil,[8] India,[9][10] Indonesia, Thailand, Vietnam and China.[11]

In 2016, Nissin Kogyo created Veoneer-Nissin Brake Systems (VNBS), a joint subsidiary with Swedish automotive safety manufacturer Veoneer.[12][13]

On 30 October 2019, Nissin Kogyo along with 2 other companies Keihin Corporation and Showa Corporation announced that they would be merged with Hitachi Automotive Systems to became the new company called Hitachi Astemo.

Further reading

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  • "A Profile of Nissin Kogyo". Japanese Motor Business (9). United Kingdom: Economist Intelligence Unit: 55–62. September 1986.

References

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  1. ^ "NISSIN KOGYO｜Investor Information｜Message from the President". Nissin Kogyo. Retrieved September 10, 2020.
  2. ^ "Company Overview". Nissin Kogyo. Archived from the original on August 23, 2019. Retrieved March 30, 2018.
  3. ^ a b "Company Profile". Nikkei Asian Review. Nikkei Inc. Archived from the original on September 8, 2017. Retrieved March 30, 2018.
  4. ^ "Annual Review 2017" (PDF). Nissin. March 31, 2017. p. 15. Archived from the original (PDF) on September 8, 2017. Retrieved September 7, 2017.
  5. ^ Staff (September 9, 2015). "Nissin announces joint venture; Findlay workers affected". The Courier. Findlay, Ohio. Archived from the original on July 27, 2018. Retrieved September 7, 2017.
  6. ^ Omarzo, Tim (December 31, 2013). "Nissin Brake in North Georgia expanding, adding jobs". Chattanooga Times Free Press. Retrieved September 7, 2017.
  7. ^ Mancera, Ivonne (July 9, 2014). "Nissin Brake Mexico plant inaugurated in Irapuato". Newspaper AM. Retrieved September 7, 2017.
  8. ^ "Nissin Brake builds new factory in Itú". CIMM Grupo. July 5, 2007. Retrieved September 7, 2017.
  9. ^ "Japan-based Nissin to invest Rs 64cr for first plant in India". OneIndia. August 21, 2007. Retrieved September 7, 2017.
  10. ^ Sinha, Ashish (July 27, 2015). "A Cherry Blossom In The Desert". Business World. Retrieved September 7, 2017.
  11. ^ "NISSIN KOGYO｜About Us｜Company Overview". Nissin Kogyo. Archived from the original on August 23, 2019. Retrieved September 10, 2020.
  12. ^ "Wayback Machine has not archived that URL". VNBS. Retrieved September 7, 2017.[permanent dead link‍]
  13. ^ "Company Overview". Autoliv-Nissin. Retrieved March 3, 2017.
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