Nippon Shizai Co., Ltd.
5-6, Bakuromachi 1-chome, Chuo-ku, Osaka, Japan 541-0059
50 million Japanese Yen
In accordance with disband of Fabrics and Colorants Association, Nihon Orimono Senshoku ShizaiCo., Ltd was established in Tokyo, with capital 1million Yen, as a successor company.
Changed company name to Nihon Senshoku Shizai Co., Ltd.
Moved headquarter to Osaka (current address). Deals materials for dyeing and coloring industry.
Increased capital to 50 million Yen.
Changed company name to Nippon Shizai Co., Ltd. Expanded business field to various industries.Dainichi Somekakou Co., Ltd. became an affiliate.
Established Dainichi Trading Co., Ltd., as overseas trading company, an affiliate.
Set up overseas trading division by acquisition of Dainichi Trading Co., Ltd.
Changed name of Dainichi Somekakou (affiliate) to Dainichi Co., Ltd., practically asmanufacturing division of Nippon Shizai Co., Ltd.
Participated capital of JDT, whose function is a lamination factory in China. Obtained dealership of Glyoxal resin and Melamine resin for textile finishing, at the occasion ofbusiness transfer of these items from Sumitomo Chemical to Dainippon Ink & Chemicals.
Set up R & D center.
Participated capital of Angel (Beijing) Corp., and started sales of nursing care articles in China.
Installed latest lamination processing line in Dainichi.
Updated manufacturing facilities of Dainichi, to meet VOC(volatile Organic Compounds)
Beijing office opened, by trade right transfer from Angel (Beijing) Corp. Glyoxal resin business was transferred from DIC, with market share 65%
Shanghai Phoenix Co., Ltd. became an affiliate, by capital participation.
Photoconductive synthesizing plant, and paint manufacturing plant were installed in Dainichi.