March 1935 |
Founder Rikichi Nishiki starts Nishiki Shoten (temporarily closed during World War II). |
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December 1945 |
Business restarted as Nishiki Kogyosho in Fukushima-ku, Osaka. |
History
Introduction
Before establishment
Chapter 1
Striving to be Japan's top wholesaler of power transmission equipment
January 1952 |
Nihondendo Co., Ltd. established with the goal of becoming Japan's leading trading company for power transmission equipment (capitalization: 1 million yen). |
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June 1957 |
Capital increased to 4 million yen. |
July 1959 |
Head office relocated to Minami-ku, Osaka (present-day Chuo-ku). |
October 1959 |
Company name changed to Nihondendo-seiki Co., Ltd. |
February 1961 |
New head office built on present site. |
October 1962 |
Nagoya Branch opened. |
March 1962 |
Capital increased to 32 million yen. |
April 1964 |
Kyushu Office (present-day Kyushu Branch) opened. |
March 1966 |
Capital increased to 64 million yen. |
March 1968 |
Family, the company's in-house magazine, begins publication. |
Chapter 2
Expanding nationwide and establishing a place among Japan's top trading companies
April 1969 |
Takamatsu Office (present-day Shikoku Sales Office) opened. |
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September 1969 |
Toyama Office (later relocated to Kanazawa, present-day Hokuriku Sales Office) opened. |
March 1970 |
Capital increased to 100 million yen. |
December 1970 |
Head Office Distribution Center (present-day West Logistics Center) opened. |
February 1971 |
Shizuoka Office (present-day Shizuoka Sales Office) opened. |
March 1971 |
Fukushima Sales Office closed and integrated into Head Office Sales Department. |
September 1971 |
Okayama Office (present-day Okayama Sales Office) opened. |
January 1973 |
Tokyo Branch opened. |
March 1973 |
Capital increased to 150 million yen. |
April 1974 |
Capital increased to 195 million yen. |
February 1975 |
Kyoto Sales Office and Himeji Sales Office opened. |
Chapter 3
Rapid growth and growing comprehensive strength
April 1975 |
Kitakyushu Sales Office opened. |
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February 1976 |
Yokohama Sales Office (present-day Minamikanto Sales Office) opened. |
March 1976 |
Susumu Nishiki appointed President. |
March 1977 |
Capital increased to 260 million yen. |
April 1977 |
Komaki Sales Office opened. |
October 1977 |
Sendai Branch (present-day Sendai Sales Office) opened. |
June 1978 |
Capital increased to 300 million yen. |
August 1978 |
Hamamatsu Sales Office opened. |
October 1979 |
Kitakanto Sales Office (present-day Oyama Sales Office) opened. |
March 1981 |
To develop more sales activities rooted in communities, the company is divided into four regional blocks (East, Central, Kinki, and West). In addition to the company motto written when the company was established, a management philosophy and company credo are put into writing. |
August 1981 |
Employees and their families take part in event held to commemorate 30th anniversary of the company's establishment. |
March 1982 |
Capital increased to 380 million yen. |
April 1982 |
ME (Mechatronics) Development Group of Nichiden, a first for the industry, established. |
June 1982 |
Niigata Branch (present-day Niigata Sales Office) opened. |
January 1983 |
Okazaki Sales Office opened. |
August 1984 |
Matsumoto Sales Office opened. |
March 1985 |
Capital increased to 460 million yen. |
Chapter 4
New challenges as a listed company
April 1985 |
Fukuyama Sales Office opened. |
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June 1985 |
Shareholding system for employees launched. |
July 1985 |
Nichiden, a magazine promoting the company to the public, begins publication. |
August 1985 |
Employees and their families take part in event held to commemorate 50th anniversary of the company's foundation. |
October 1985 |
Numazu Sales Office opened. |
August 1986 |
Capital increased to 1.025 billion yen. |
October 1986 |
Keihin Sales Office opened. |
April 1987 |
Higashiosaka Sales Office opened. |
October 1987 |
Capital increased to 1.04 billion yen. |
April 1988 |
Head Office Sales Department integrated into Osaka Branch. |
August 1988 |
Chiba Sales Office opened. |
April 1989 |
Company name changed to Nichiden Corporation. |
October 1989 |
Nishitokyo Sales Office opened. |
December 1989 |
Kinki Logistics Center (present-day West Logistics Center) relocated to new building. |
February 1990 |
Entire company goes online. |
April 1990 |
Overseas Department established at Head Office. |
July 1990 |
Singapore Representative Office (later Singapore Branch) opened. |
October 1990 |
Sakai Sales Office and Kobe Sales Office opened. |
April 1991 |
Mito Sales Office and Yokaichi Sales Office opened. |
August 1991 |
Singapore Branch opened. |
September 1991 |
Company's stock registered as over-the-counter stock with Japan Securities Dealers Association. |
April 1992 |
Nishiyodo Sales Office (present-day Kitaosaka Sales Office) opened. |
November 1993 |
East Logistics Center opened. |
April 1995 |
Nara Sales Office opened. |
June 1995 |
Toshihiko Nishiki appointed President. |
January 1996 |
Central Logistics Center opened. |
Chapter 5
Structural reform
September 1996 |
Construction of Tokyo Branch completed. |
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November 1996 |
Construction of Nagoya Branch completed. |
April 1998 |
Nishiosaka Sales Office opened. |
October 1998 |
Kawagoe Sales Office opened. |
March 1999 |
Singapore Branch closed and integrated into Overseas Department. |
April 1999 |
Toyama Sales Office opened. |
April 2000 |
East Block divided into Kitakanto Block and East Block, making a total of five regional blocks. |
February 2001 |
ISO 14001 certification acquired. |
April 2001 |
Kawagoe Sales Office closed and integrated into Saitama Branch (present-day Saitama Sales Office). |
November 2001 |
Employees take part in event held to commemorate 50th anniversary of the company's establishment. |
June 2002 |
Shanghai Office opened. |
January 2003 |
Kinki Logistics Center (present-day West Logistics Center) relocated to new building. |
April 2003 |
Sapporo Sales Office opened. |
October 2003 |
100th edition of Family, the company's in-house magazine, published. |
March 2004 |
Shanghai Office closed and integrated into NICHIDEN (SHANGHAI) CO.,LTD. |
April 2004 |
Kitakanto Block integrated into East Block, making a total of four regional blocks. |
December 2004 |
Company's stock delisted as over-the-counter stock with Japan Securities Dealers Association and stock listed on JASDAQ securities exchange. |
January 2006 |
PROCUEbyNET CORPORATION established. |
February 2006 |
Company's stock listed on First Section of Tokyo Stock Exchange. |
April 2006 |
Stock delisted from JASDAQ. |
December 2006 |
Kyushu Branch relocated to new building. |
Chapter 6
Building a "new Nichiden"
February 2008 |
Head Office relocated to Chuo-ku, Osaka. |
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March 2008 |
Nishiosaka Sales Office closed and integrated into Osaka Branch. |
April 2008 |
Osaka Branch relocated to Head Office Building. |
June 2008 |
Kenzo Kitagawa appointed President. |
October 2008 |
Kitakami Sales Office opened. |
December 2008 |
MEKASYS online catalog established. |
January 2009 |
100th edition of Nichiden, a magazine promoting the company to the public, published. |
April 2009 |
Kinki Block integrated into West Block, making a total of three regional blocks (East, Central, West). |
June 2010 |
Toshihiko Nishiki appointed Chairman and President. |
December 2010 |
Nichiden Shoho renamed and published as the general catalog MEKASYS under strengthened collaboration with the MEKASYS website. |
March 2011 |
Numazu Sales Office closed and integrated into Shizuoka Sales Office. |
June 2011 |
Toshikazu Fuke appointed President. |
July 2011 |
As part of commemoration of 60th anniversary of company establishment, company signs cooperative forest preservation declaration. |
November 2011 |
ISO 9001 certification acquired. |
October 2012 |
Employees take part in event held to commemorate 60th anniversary of company's establishment. |
December 2013 |
Okazaki Machinery Co., Ltd. acquired as wholly owned subsidiary. |
March 2014 |
Tokyo Branch relocated to Taito-ku, Tokyo. |
June 2014 |
NICHIDEN TRADING (Thailand) Co., Ltd. established in Bangkok. |
August 2015 |
East Logistics Center relocated to the new building (Saitama ME System Section opened in the same building). |
November 2015 |
Techno Center opened. |
April 2017 |
Daiwa Riken Co., Ltd. acquired as wholly owned subsidiary. |
December 2017 |
Kukan Senjo Lab. Co., Ltd. acquired as wholly owned subsidiary. |
June 2018 |
NICHIDEN USA Corporation established in Chicago. |
September 2018 |
NPa System Co., Ltd. acquired as wholly owned subsidiary. |
May 2019 |
NICHIDEN VIET NAM CO., LTD. acquired as wholly owned subsidiary. |
December 2020 |
Transferred all shares of Daiwa Riken Co., Ltd. |
September 2021 |
West Logistics Center relocated to the new building (Kadoma Sales Office opened in the same building). |
April 2022 |
Company's stock Transitioned to PRIMNE Market of Tokyo Stock Exchange. |
December 2023 |
PROCUEbyNET CORPORATION acquired as wholly owned subsidiary. |
March 2024 |
Apérza Inc. acquired as wholly owned subsidiary. |