Company Overview / History
Company Overview
| Company name | Nissin Chemical Industry Co., Ltd. |
|---|---|
| Established | March 1, 1955 |
Main Office and Factory |
2-17-33 Kitago, Echizen-shi, Fukui Prefecture Telephone: +81-778-22-5100 Fax: +81-778-24-0657 |
Main Sales Branch |
Uchikanda TK Building, 1-5-13 Uchikanda, Chiyoda-ku, Tokyo  |
Osaka Sales Branch |
Higobashi-Seiwa Building, 1-15-10 Edobori, Nishi-ku, Osaka-shi Telephone: +81-6-6441-4818 Fax: +81-6-6441-4812 |
| Capital | 500 million JPY |
| Shares | Total number of shares to be issued: 2.4 million shares Total number of shares issued: 1 million shares Number of shares owned by Shin-Etsu Chemical Co., Ltd.: 1 million shares |
| Business | 1. Manufacture and sale of vinyl chloride modified resin 2. Manufacture and sale of copolymer resin emulsions 3. Manufacture and sale of silicone modified resin 4. Manufacture and sale of hot-melt adhesives 5. Manufacture and sale of acetylenic chemicals |
| End of fiscal year | February |
| Main banks | Bank of Tokyo-Mitsubishi UFJ, Fukui Bank, Shinsei Banking Corporation |
| Major business partners |
Main customers Main suppliers |
Board of directors
| Chairman and Representative Director | Kazuo Ishida |
|---|---|
| President and Representative Director | Yoshiyuki Miyazawa |
| Executive Director | Yoshiyuki Yasuhara |
| Non-executive Director | Norifumi Yoshida |
| Non-executive Director | Yoichi Tanifuji |
| Director | Ichiro Tanii |
| Director | Yoshie Kobayashi |
| Auditor | Takehide Sugimura |
| Auditor | Yoshihiro Kubota |
History
| 1955 | Established as a company 60 percent owned by the Chisso Corporation, and 40 percent owned by Shinetsu Chemical Industry Co., Ltd., with paid-in capital of 50 million JPY. |
|---|---|
| 1956 | Commenced manufacture and sale of vinyl chloride resin and potassium sulfate fertilizer. |
| 1960 | Increased capital to 200 million JPY. |
| 1961 | Commenced manufacture and sale of vinyl chloride/vinyl acetate modified resin. |
| 1965 | All shares acquired by Shin-Etsu Chemical Co., Ltd. |
| 1970 | Commenced manufacture and sale of vinyl chloride emulsion and acetylenic alcohol. Stopped manufacture and sale of potassium sulfate fertilizer because of change in raw materials of vinyl chloride. |
| 1972 | Entrusted manufacture of vinyl chloride resin to Shinetsu Chemical Industry Co., Ltd. |
| 1974 | Increased capital to 500 million yen. Commenced manufacture and sale of hot-melt adhesives. |
| 1975 | Commenced manufacture and sale of vinyl acetate, acrylic, and other emulsions. |
| 1976 | Entered into Exclusive Distribution Agreement with Air Products and Chemicals, Inc. to distribute acetylenic chemicals in Japan and Southeast Asia. |
| 1978 | Established Shinwa Co., Ltd. (paid-in capital: 10 million yen). Entrusted vinyl chloride business to Shinetsu Chemical Industry Co., Ltd. |
| 1980 | Transferred the main office to Takefu City, Fukui Prefecture. |
| 1982 | Commenced manufacture and sale of medical products. |
| 1987 | Commenced manufacture and sale of Chaline silicone/acrylic copolymer resin. |
| September 1996 | Obtained ISO 9002 quality assurance system certification for manufacture of vinyl chloride/vinyl acetate copolymer (product name: Solbin). |
| April 1998 | Obtained ISO 9002 quality assurance system certification for manufacture of all products. |
| April 2000 | Obtained ISO 14001 environmental management system certification for the main office and factory. |
| February 2001 | Stopped manufacture and sale of medical products. |
| November 2001 | Obtained ISO 9001:2000 registration. |
| November 2001 | Dissolved Shinwa Co., Ltd. |
| October 2002 | Terminated Exclusive Distribution Agreement with Air Products (U.S.A.) regarding importation and sale of acetylenic alcohol products. Entered into new Distributor Agreement with Air Products Japan, Inc. |
| 2003 | Began manufacture and sale of Environmentally-friendly Hot Melt. |
| May 2009 | Began manufacture and sale of High Performance Paper Tube Adhesive. |
