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Japanese automotive parts brand From Wikipedia, the free encyclopedia
Nissin Kogyo (日信工業株式会社, Nisshin Kōgyō Kabushiki-gaisha) 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[3] in revenue and 9,557 employees.[4] Honda Motor Company was the largest shareholder, owning 34.6 percent of total shares.
Native name | 日信工業株式会社 |
---|---|
Company type | Brand |
Industry | Automotive |
Founded | October 1953 |
Headquarters | Tomi City, Nagano, 389-0514 , Japan |
Area served | Worldwide |
Key people | Yasushi Kawaguchi[1] (President and CEO) |
Products |
|
Revenue | JPY 166.8 billion (FY 2016) (US$ 1.54 billion) (FY 2016) |
JPY 5.3 billion (FY 2016) (US$ 49 million) (FY 2016) | |
Number of employees | 9,557 (consolidated, as of March 31, 2016) |
Parent | Hitachi Astemo |
Footnotes / references [2][3] |
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.
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