is a Japanese company formerly listed on the

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 has a diverse line of businesses that include electronics, automobile brakes,

mechatronics Mechatronics engineering also called mechatronics, is an interdisciplinary branch of engineering that focuses on the integration of mechanical, electrical and electronic engineering systems, and also includes a combination of robotics, electronics, ...

, chemicals, textiles, papers and real estate.

History

Nisshinbo was established in 1907 as a

cotton Cotton is a soft, fluffy staple fiber that grows in a boll, or protective case, around the seeds of the cotton plants of the genus '' Gossypium'' in the mallow family Malvaceae. The fiber is almost pure cellulose, and can contain minor pe ...

spinning business, . It changed its English name to Nisshin Spinning Co., Ltd. in 1962. In the wake of

World War II World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing ...

, 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 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 Fuj ...

'' keiretsu'' headed by

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 t ...

. In 2009, it adopted a

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 ...

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 semiconductors and

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 ...

equipment. It manufactures drum brakes, disc brakes and friction materials for cars and trucks, as well as

toilet paper Toilet paper (sometimes called toilet tissue or bathroom tissue) is a tissue paper product primarily used to clean the anus and surrounding anal region of feces after defecation, and to clean the perineal area and external genitalia of ur ...

wrapping paper Gift wrapping is the act of enclosing a gift in some sort of material. Wrapping paper is a kind of paper designed for gift wrapping. An alternative to gift wrapping is using a gift box or bag. A wrapped or boxed gift may be held closed with ri ...

, printer paper and other paper products. In 2011 the company acquired TMD Friction and the combined business became the world's largest automotive brake friction manufacturer. Nisshinbo also operates a real estate arm, Nisshinbo Urban Development, which redevelops former Nisshinbo industrial properties for commercial and residential use.

References

External links

Official global website

Official website in Russia
Textile companies of Japan Automotive companies of Japan Pulp and paper companies of Japan Fuyo Group Chemical companies based in Tokyo Holding companies based in Tokyo Manufacturing companies based in Tokyo Companies listed on the Tokyo Stock Exchange Conglomerate companies established in 1907 Japanese companies established in 1907 Japanese brands Manufacturing companies established in 1907 Brakes Holding companies established in 1907 {{Japan-company-stub