Nisshinbo headquarters building in Tokyo
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Native name
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日清紡ホールディングス株式会社 |
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Public KK | |
Traded as | : |
ISIN | JP3678000005 |
Industry | Diversified industrials |
Founded | (February 5, 1907 | )
Headquarters | Nihonbashi, Chuo-ku, Tokyo 103-8650, Japan |
Area served
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Worldwide |
Key people
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Masaya Kawata (President) |
Products | |
Services | Leasing and selling of real estate |
Revenue | (US$ 4.64 billion) (FY 2015) |
Profit |
JPY 10.7 billion (FY 2015) (US$ 93.7 million) (FY 2015) |
Number of employees
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23,055 (as of March 31, 2016) |
Website | Official website |
Footnotes / references |
JPY 10.7 billion (FY 2015)
Nisshinbo Holdings Inc. (日清紡ホールディングス株式会社 Nisshinbō Hōrudingusu Kabushiki-gaisha?) is a Japanese company listed on the Nikkei 225. It has a diverse line of businesses that include electronics, automobile brakes, mechatronics, chemicals, textiles, papers and real estate.
Nisshinbo was established in 1907 as a cotton spinning business, Nisshin Cotton Spinning Co., Ltd. (日清紡績株式会社?). It changed its English name to Nisshin Spinning Co., Ltd. in 1962.
In the wake of World War II, Nisshin began to add non-textile segments to its business. Textiles accounted for 90% of its sales in 1960 but only 67% in 1980 and less than half by 1990. During these years, Nisshinbo was part of the Fuyo Group keiretsu headed by Fuji Bank.