Dowa Holdings Explained

Dowa Holdings Co., Ltd.
Native Name:DOWAホールディングス株式会社
Type:Public KK
Traded As:


Nikkei 225 component
Industry:Nonferrous metals
Founded:
Founder:Denzaburo Fujita
Hq Location City:Akihabara UDX building, Sotokanda, Chiyoda-ku, Tokyo, 101-0021
Hq Location Country:Japan
Area Served:Worldwide
Key People:Akira Sekiguchi[1] [2]
(President)
Num Employees:6,400 (as of March 31, 2018)
Revenue: JPY 454.7 billion (FY 2017) (US$ 4.2 billion) (FY 2017)
Net Income: JPY 24.6 billion (FY 2017) (US$ 232 million) (FY 2017)
Footnotes:[3] [4] [5]

is a Japanese nonferrous metals manufacturer. The company is a component of the Nikkei 225 stock index.[6]

History

Fujita-gumi, the forerunner of DOWA,[7] was established by three brothers from Yamaguchi prefecture in 1881. The brothers had personal connections with influential members of the government, so in 1884 they bought the Kosaka mine, from which they expanded their business into various fields, centered on the coal mining business.[8] After the purchase, Fujita-gumi increased its capital and invested heavily in skilled labor and equipment. By 1888, the Kosaka mine became Japan's top producer of silver.[8]

In 1900, an engineer at Kosaka succeeded in extracting copper by accessing kuroko (black ore — a mixture of copper, zinc and lead) deep in the mine. After that, Kosaka changed its focus from silver to copper, and in 1907, became Japan's largest copper producer.[7]

Current Activities

Dowa main business is in the recycling and metal processing.[9] Dowa has six business segments; Environment and Recycling, Smelting & Refining, Electronic Materials, Metal Processing, Heat Treatment, and Other which is real estate leasing, construction, management, and technical support services.[10] [11]

In 2024, Dowa filed a patent for gold plating.[12] In 2024, Dowa was granted a patent for copper plating.[13]

Subsidiaries

Dowa Holdings has several subsidiaries, including Dowa Eco-System, Dowa Metals and Mining, Dowa Electronics Materials,[14] [15] Dowa Metal Tech,[16] and Dowa Thermotech.[17]

Dowa Metals and Mining

In 2010, Dowa Metals & Mining Co. was the fourth-largest copper smelter in Japan.[18] As of January 2024, the company owned the largest zinc smelter in Japan.[19]

Dowa Eco-System

Dowa Eco-System manages waste and recycling in Asia, and runs a plant in Singapore which works to recover precious and nonferrous metals.[20] In 2016, Dowa Eco-System partnered with Padaeng Industry Plc (PDI) to build industrial waste management factories.[21] [22] It developed the technology for Singapore’s first vertical waste incinerator.[23]

Dowa Electronics Materials

Dowa Electronics Materials was the largest supplier of indium in Japan as of 2010.[24]

Dowa Metal Tech

In November 2017, auto supplier Dowa Metal Tech opened an $11 million plant in Guanajuato, Mexico.[25]

Dowa Thermotech

Dowa Thermotech manufactures furnaces and provides heat protection treatments. In 2018, it invested $22.5 million to build a plant in North Carolina.[26] [27]

External links

Notes and References

  1. Web site: 2024-07-03 . 5714 - DOWA Holdings Co Ltd Executives Morningstar . 2024-07-03 . web.archive.org . July 3, 2024 . https://web.archive.org/web/20240703174602/https://www.morningstar.com/stocks/xtks/5714/executive . bot: unknown .
  2. Web site: 2024-07-03 . Dowa Holdings Co., Ltd. . 2024-07-03 . web.archive.org . July 3, 2024 . https://web.archive.org/web/20240703173349/https://www.dnb.com/business-directory/company-profiles.dowa_holdings_coltd.4d4ba86e682510ecf62ffa872233ab51.html . bot: unknown .
  3. Web site: Corporate Outline . Dowa Holdings . February 26, 2016.
  4. Web site: About the company . . February 27, 2019.
  5. Web site: Company Profile . . . February 27, 2019 . April 27, 2023 . https://web.archive.org/web/20230427163514/https://asia.nikkei.com/Companies/DOWA-HOLDINGS-Co.-Ltd . dead .
  6. Web site: Components:Nikkei Stock Average (Nikkei 225) . Nikkei Inc. . February 26, 2016.
  7. Book: Cristina . Joanaz de Melo . Estelita . Vaz . Lígia . M. Costa Pinto . Environmental History in the Making: Volume II: Acting . October 21, 2016 . . 978-3-319-41139-2 . 206–207.
  8. Book: Janet . Hunter . Cornelia . Storz . Institutional and Technological Change in Japan's Economy: Past and Present . June 28, 2006 . . 978-1-134-20681-0. 32–33.
  9. Web site: 2024-07-03 . Dowa Holdings Co Ltd - Company Profile and News - Bloomberg Markets . 2024-07-03 . web.archive.org . July 3, 2024 . https://web.archive.org/web/20240703173019/https://www.bloomberg.com/profile/company/5714:JP . bot: unknown .
  10. Web site: About DOWA Holdings Co Ltd (5714.T) . live . July 3, 2024 . reuters.com.
  11. Web site: Dowa Holdings Co., Ltd. (DWMNF) . live . https://web.archive.org/web/20240703173648/https://www.nasdaq.com/market-activity/stocks/dwmnf . July 3, 2024 . July 3, 2024.
  12. Web site: 2024-07-03 . Meta Title: Dowa Holdings Co Ltd Patent for Silver-Plated Material with Two-Layer Plating Structures . 2024-07-03 . web.archive.org . July 3, 2024 . https://web.archive.org/web/20240703174143/https://www.mining-technology.com/data-insights/dowa-files-patent-for-silver-plated-material-with-two-layer-plating-structures/ . bot: unknown .
  13. Web site: 2024-07-03 . Meta Title: "Dowa Holdings Co Ltd Patent: Copper Alloy Sheet Material Composition . 2024-07-03 . web.archive.org . July 3, 2024 . https://web.archive.org/web/20240703175107/https://www.mining-technology.com/data-insights/dowa-gets-grant-for-copper-alloy-sheet-material-with-specific-composition-and-structure/ . bot: unknown .
  14. Web site: Keun-young. Lee. [News analysis] As global deposits near depletion, urban mining for rare metals]. December 26, 2016. Hankyoreh.
  15. Web site: Mogi . Chikako . October 10, 2010 . Japan's Dowa raises indium prices by 5,000 yen . live . https://web.archive.org/web/20240620141420/https://www.reuters.com/article/idUSTOE69000W/ . 2024-06-20 . 2024-06-20 . Reuters.
  16. Web site: Japanese auto supplier Dowa Metaltech opens US$ 11 million plant in Guanajuato. November 30, 2017. Mexico Now.
  17. News: Japanese firm to open Lee County plant, add 109 jobs . The News and Observer . August 29, 2018 . A6 . Newspapers.com.
  18. Web site: Hur. Jae. Suzuki. Ichiro. Dowa to Invest in Copper Mines to Double Ore Procurement Rate. May 25, 2010. Bloomberg.
  19. Web site: American Pacific shares surge on copper results from Palmer VMS project. January 11, 2024. Mining.com.
  20. Web site: Recycling of electronic wastes a growing industry. July 3, 2012. China.org.cn.
  21. Web site: Apisitniran. Lamonphet. Waste management capacity on the rise. September 23, 2016. Bangkok Post.
  22. Web site: Padaeng agrees dividend, focuses on new areas. April 26, 2017. The Nation.
  23. Web site: First vertical waste treatment plant for Singapore. September 18, 2016. Recycling Magazine.
  24. Web site: Mogi. Chikako. Japan's Dowa raises indium prices by 5,000 yen. October 1, 2010. Reuters.
  25. Web site: Japanese auto supplier Dowa Metaltech opens US$ 11 million plant in Guanajuato. November 30, 2017. Mexico Now.
  26. Web site: Dowa Thermotech Creating 109 Jobs, Investing $22.5M In NC. August 28, 2018. WFMY News 2.
  27. News: Dowa Thermotech completes purchase of property in Sanford . The Chatham News . November 22, 2018 . 22 . Newspapers.com.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Dowa Holdings".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.