| Nisshinbo Holdings Inc. | |
| Native Name: | 日清紡ホールディングス株式会社 |
| Native Name Lang: | ja |
| Type: | Public (K.K) |
| Isin: | JP3678000005 |
| Founded: | |
| Hq Location City: | Nihonbashi, Chuo-ku, Tokyo 103-8650 |
| Hq Location Country: | Japan |
| Area Served: | Worldwide |
| Key People: | Masahiro Murakami (President)[1] |
| Industry: | Diversified industrials |
| Services: | Leasing and selling of real estate |
| Revenue: | JPY 533.9 billion (FY 2015) (US$ 4.64 billion) (FY 2015) |
| Net Income: | JPY 10.7 billion (FY 2015) (US$ 93.7 million) (FY 2015) |
| Num Employees: | 21,112 (as of December 31, 2021) |
| Footnotes: | [2] [3] |
is a Japanese company formerly listed on the Nikkei 225.[4] 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, . It changed its English name to Nisshin Spinning Co., Ltd. in 1962.[5]
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.[6] During these years, Nisshinbo was part of the Fuyo Group keiretsu headed by Fuji Bank.[7]
In 2009, it adopted a holding company structure and renamed its parent company as Nisshinbo Holdings Inc.
Nisshinbo's textiles business remains active in the development of non-iron fabric, non-woven fabric and elastomers.[8] In 2015 it acquired Tokyoshirts, the largest men's shirt manufacturer/retailer in Japan.[9]
Nisshinbo's electronics business is focused on semiconductors and wireless equipment.[10] It manufactures drum brakes, disc brakes and friction materials for cars and trucks,[11] as well as toilet paper, wrapping paper, printer paper and other paper products.[12] In 2011 the company acquired TMD Friction and the combined business became the world's largest automotive brake friction manufacturer.[13] It sold TMD Friction again in 2023.[14]
Nisshinbo also operates a real estate arm, Nisshinbo Urban Development, which redevelops former Nisshinbo industrial properties for commercial and residential use.[15]