Nichicon
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Nichicon Building in Nakagyo-ku, Kyoto
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Native name
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ニチコン株式会社 |
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| Public KK | |
| Traded as | : OSE: 6996 |
| Industry | Electronics |
| Founded | (August 1, 1950) |
| Headquarters | Nakagyo-ku, Kyoto 604-0845, Japan |
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Key people
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Ippei Takeda (Chairman and CEO) Shigeo Yoshida (President and COO) |
| Products | |
| Revenue | (US$ 893.3 million) (FY 2014) |
| Profit |
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Number of employees
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5,792 (consolidated, as of March 31, 2014) |
| Website | Official website |
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Footnotes / references |
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JPY 2.25 billion (FY 2014)
Nichicon Corporation (ニチコン株式会社 Nichikon Kabushiki-gaisha?) is a manufacturer of capacitors of various types and applications and is one of the largest manufacturers of capacitors in the world, headquartered in Karasuma Oike, Nakagyo-ku, Kyoto, Japan. In 1950, it separated from the Nii Works Co., established itself as Kansai-Nii Works and finished its first factory by 1956. In 1961, they adopted the Nichicon name and have been using it, or a variant thereof, ever since.
In the early 2000s, Nichicon was the primary capacitor manufacturer caught in the Capacitor Plague. No overall reason was ever proven for the huge production runs of defective capacitors, but some sources claimed that these capacitors were either overfilled with electrolyte or were constructed using electrolyte fluid that was prone to pop and leak fluid, causing premature failure in any equipment using them. Nichicon received particular infamy because of their use by major computer manufacturers including Dell, Hewlett-Packard, and Apple. In 2010 Dell settled a civil lawsuit for its shipment of at least 11.8 million computers from May 2003 to July 2005 that used faulty Nichicon components and were prone to major failure.
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