Nissin Kogyo Explained

Nissin Kogyo
Native Name:日信工業株式会社
Native Name Lang:ja
Type:Brand
Hq Location City:Tomi City, Nagano, 389-0514
Hq Location Country:Japan
Key People:Yasushi Kawaguchi[1]
(President and CEO)
Industry:Automotive
Revenue:JPY 166.8 billion (FY 2016) (US$ 1.54 billion) (FY 2016)
Net Income:JPY 5.3 billion (FY 2016) (US$ 49 million) (FY 2016)
Num Employees:9,557 (consolidated, as of March 31, 2016)
Area Served:Worldwide
Parent:Hitachi Astemo
Footnotes:[2] [3]

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 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

Notes and References

  1. Web site: NISSIN KOGYO｜Investor Information｜Message from the President . Nissin Kogyo . 10 September 2020.
  2. Web site: Company Overview . Nissin Kogyo . March 30, 2018 . August 23, 2019 . https://web.archive.org/web/20190823163740/http://www.nissinkogyo.co.jp/en/about/about.html . dead .
  3. Web site: Company Profile . . . March 30, 2018 . September 8, 2017 . https://web.archive.org/web/20170908020729/https://asia.nikkei.com/Company/05HZ7R-E . dead .
  4. Web site: Annual Review 2017. March 31, 2017. Nissin. 15. September 7, 2017. September 8, 2017. https://web.archive.org/web/20170908023024/http://www.nissinkogyo.co.jp/investors/annual_report/%E2%96%A0%E2%96%A0Nissinkogyo_AR2017.pdf. dead.
  5. News: Nissin announces joint venture; Findlay workers affected. Staff. September 9, 2015. The Courier. September 7, 2017. Findlay, Ohio. July 27, 2018. https://web.archive.org/web/20180727182801/http://thecourier.com/breaking-news/2015/09/09/nissin-announces-joint-venture-findlay-workers-affected/. dead.
  6. News: Nissin Brake in North Georgia expanding, adding jobs. Omarzo. Tim. December 31, 2013. Chattanooga Times Free Press. September 7, 2017.
  7. News: Nissin Brake Mexico plant inaugurated in Irapuato. Mancera. Ivonne. July 9, 2014. Newspaper AM. September 7, 2017.
  8. News: Nissin Brake builds new factory in Itú. July 5, 2007. CIMM Grupo. September 7, 2017.
  9. Web site: Japan-based Nissin to invest Rs 64cr for first plant in India. August 21, 2007. OneIndia. September 7, 2017.
  10. Web site: A Cherry Blossom In The Desert. Sinha. Ashish. July 27, 2015. Business World. September 7, 2017.
  11. Web site: NISSIN KOGYO｜About Us｜Company Overview . Nissin Kogyo . 10 September 2020 . August 23, 2019 . https://web.archive.org/web/20190823163740/http://www.nissinkogyo.co.jp/en/about/about.html . dead .
  12. News: Wayback Machine has not archived that URL.. VNBS. September 7, 2017.
  13. Web site: Company Overview. Autoliv-Nissin. March 3, 2017.

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