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Nisshinbo Holdings
is a Japanese company formerly listed on the Nikkei 225. It has a diverse line of businesses that include electronics, automobile brakes, mechatronics, chemicals, textiles, papers and real estate. History Nisshinbo was established in 1907 as a cotton spinning business, . 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. In 2009, it adopted a holding company structure and renamed its parent company as Nisshinbo Holdings Inc. Products Nisshinbo's textiles business remains active in the development of non-iron fabric, non-woven fabric and elastomers. In 2015 it acquired Tokyoshirts, the largest men's shirt manufacturer/retailer in Japan. Nisshinbo's electronics business is focused on s ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ...
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Nikkei 225
The Nikkei 225, or , more commonly called the ''Nikkei'' or the ''Nikkei index'' (), is a stock market index for the Tokyo Stock Exchange (TSE). It has been calculated daily by the '' Nihon Keizai Shimbun'' (''The Nikkei'') newspaper since 1950. It is a price-weighted index, operating in the Japanese Yen (JP¥), and its components are reviewed once a year. The Nikkei measures the performance of 225 large, publicly owned companies in Japan from a wide array of industry sectors. Another major index for the Tokyo Stock Exchange is the Tokyo Stock Price Index (TOPIX). History The Nikkei 225 began to be calculated on , retroactively calculated back to May 16th 1949, when the average price of its component stocks was 176.21 yen. Since January 2010, the index is updated every 15 seconds during trading sessions. The Nikkei 225 Futures, introduced at Singapore Exchange (SGX) in 1986, the Osaka Securities Exchange (OSE) in 1988, Chicago Mercantile Exchange (CME) in 1990, i ...
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Disc Brake
A disc brake is a type of brake that uses the calipers to squeeze pairs of pads against a disc or a "rotor" to create friction. This action slows the rotation of a shaft, such as a vehicle axle, either to reduce its rotational speed or to hold it stationary. The energy of motion is converted into waste heat which must be dispersed. Hydraulically actuated disc brakes are the most commonly used form of brake for motor vehicles, but the principles of a disc brake are applicable to almost any rotating shaft. The components include the disc, master cylinder, and caliper (which contains a cylinder and two brake pads) on both sides of the disc. Design The development of disc-type brakes began in England in the 1890s. In 1902, the Lanchester Motor Company designed brakes that looked and operated in a similar way to a modern disc-brake system even though the disc was thin and a cable activated the brake pad. Other designs were not practical or widely available in cars for anothe ...
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Drum Brake
A drum brake is a brake that uses friction caused by a set of shoes or pads that press outward against a rotating cylinder-shaped part called a brake drum. The term ''drum brake'' usually means a brake in which shoes press on the inner surface of the drum. When shoes press on the outside of the drum, it is usually called a ''clasp brake''. Where the drum is pinched between two shoes, similar to a conventional disc brake, it is sometimes called a ''pinch drum brake'', though such brakes are relatively rare. A related type called a band brake uses a flexible belt or "band" wrapping around the outside of a drum. History The modern automobile drum brake was first used in a car made by Maybach in 1900, although the principle was only later patented in 1902 by Louis Renault. He used woven asbestos lining for the drum brake lining, as no alternative dissipated heat like the asbestos lining, though Maybach had used a less sophisticated drum brake. In the first drum brakes, levers ...
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Wireless
Wireless communication (or just wireless, when the context allows) is the transfer of information between two or more points without the use of an electrical conductor, optical fiber or other continuous guided medium for the transfer. The most common wireless technologies use radio waves. With radio waves, intended distances can be short, such as a few meters for Bluetooth or as far as millions of kilometers for deep-space radio communications. It encompasses various types of fixed, mobile, and portable applications, including two-way radios, cellular telephones, personal digital assistants (PDAs), and wireless networking. Other examples of applications of radio ''wireless technology'' include GPS units, garage door openers, wireless computer mouse, keyboards and headsets, headphones, radio receivers, satellite television, broadcast television and cordless telephones. Somewhat less common methods of achieving wireless communications involve other electromagnetic phen ...
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Semiconductors
A semiconductor is a material which has an electrical conductivity value falling between that of a conductor, such as copper, and an insulator, such as glass. Its resistivity falls as its temperature rises; metals behave in the opposite way. Its conducting properties may be altered in useful ways by introducing impurities (" doping") into the crystal structure. When two differently doped regions exist in the same crystal, a semiconductor junction is created. The behavior of charge carriers, which include electrons, ions, and electron holes, at these junctions is the basis of diodes, transistors, and most modern electronics. Some examples of semiconductors are silicon, germanium, gallium arsenide, and elements near the so-called "metalloid staircase" on the periodic table. After silicon, gallium arsenide is the second-most common semiconductor and is used in laser diodes, solar cells, microwave-frequency integrated circuits, and others. Silicon is a critical element for fabric ...
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Elastomer
An elastomer is a polymer with viscoelasticity (i.e. both viscosity and Elasticity (physics), elasticity) and with weak intermolecular forces, generally low Young's modulus and high Deformation (mechanics), failure strain compared with other materials. The term, a portmanteau of ''elastic polymer'', is often used interchangeably with Synthetic rubber, rubber, although the latter is preferred when referring to vulcanization, vulcanisates. Each of the monomers which link to form the polymer is usually a compound of several chemical elements, elements among carbon, hydrogen, oxygen and silicon. Elastomers are amorphous polymer A polymer (; Greek '' poly-'', "many" + '' -mer'', "part") is a substance or material consisting of very large molecules called macromolecules, composed of many repeating subunits. Due to their broad spectrum of properties, both synthetic a ...s maintained above their glass transition temperature, so that considerable segmental motion, molecular reconfo ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits such ...
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San Jose State University
San José State University (San Jose State or SJSU) is a public university in San Jose, California. Established in 1857, SJSU is the oldest public university on the West Coast and the founding campus of the California State University (CSU) system. Located in downtown San Jose, the SJSU main campus is situated on , or roughly 19 square blocks. As of fall 2021, SJSU offers 143 bachelor's degree programs, 95 master's degrees, four doctoral degrees, 11 different credential programs and 38 certificates. SJSU is accredited by the WASC Senior College and University Commission. SJSU's total enrollment was 33,849 in fall 2021, including approximately 5,700 graduate and credential students. SJSU's student population is one of the most ethnically diverse in the nation. As of fall 2021, graduate student enrollment, Asian, and international student enrollments at SJSU were the highest of any campus in the CSU system. SJSU is consistently listed among the leading suppliers of undergrad ...
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Fuji Bank
The was one of Japan's major banks during the post–World War II era. It combined with Dai-Ichi Kangyo Bank and the Industrial Bank of Japan in 2000 to form Mizuho Financial Group, and changed its name to Mizuho Corporate Bank in 2002 after transferring its retail banking operations to Mizuho Bank. History Foundation and development Fuji Bank traces its history as far back as the old Yasuda zaibatsu. Zenjiro Yasuda, a migrant from Toyama, opened a dry goods store in the Nihonbashi area of Edo in 1864, known as Yasuda-ya (lit. House of Yasuda). After the Meiji Restoration in 1869, the company underwrote bonds for the Japanese government, whose credit standing was low then, and financed many public works such as railroads, harbor constructions, and so forth. The company was incorporated in 1880 with a share capital of 10 million yen, and changed its name to Yasuda Bank. In the Taishō period, the Japanese banking community was thrown into financial difficulties beca ...
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Keiretsu
A is a set of companies with interlocking business relationships and shareholdings. In the legal sense, it is a type of informal business group that are loosely organized alliances within the social world of Japan's business community. The ''keiretsu'' system dominated the Japanese economy for the second half of the 20th century, following the dissolution of the '' zaibatsu'' after World War II, and, to a lesser extent, continues to do so in the early 21st century. The members' companies own small portions of the shares in each other's companies, centered on a core bank; this system helps insulate each company from stock market fluctuations and takeover attempts, thus enabling long-term planning in projects. It is a key element of the manufacturing industry in Japan. History The prototypical ''keiretsu'' appeared during the Japanese economic miracle which followed World War II, amid the dissolution of family-controlled vertical monopolies called '' zaibatsu''. The ''zai ...
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Fuyo Group
is a Japanese ''keiretsu'' descended from the Yasuda zaibatsu, Asano zaibatsu and Okura zaibatsu. They are major business grouping in Japan up to World War II. In 1948, Yasuda was dismantled, with its key financial arm Yasuda Bank becoming Fuji Bank. The modern Fuyo Group was first developed in the early 1960s around Marubeni and Fuji Bank, paralleling the development of the DKB Group and Sanwa Group. Fuji Bank orchestrated the merger of Marubeni with Takashimaya in 1955 in order to create a strong trading company partner for Fuji's customers. Group presidents began meeting regularly in 1964. Unlike the ''keiretsu'' that developed from the Mitsubishi, Mitsui and Sumitomo ''zaibatsu'' remnants, the Fuyo Group was intended to be open to other businesses as well as legacy ''zaibatsu'' businesses. Fuji Bank merged with Dai-Ichi Kangyo Bank and Industrial Bank of Japan in 2000 to form Mizuho Financial Group. Following the merger, the Fuyo Group became centered on Marubeni, Meij ...
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