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Nissan Chemical Corporation

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Nissan Chemical Corporation
Native name
日産化学株式会社
Company typePublic (K.K)
TYO: 4021
Nikkei 225 Component
ISINJP3670800006
IndustryChemicals
FoundedFebruary 1887; 138 years ago (1887-02)
FounderJokichi Takamine
Eiichi Shibusawa
Takashi Masuda
Headquarters,
Japan
Area served
Worldwide
Key people
Kojiro Kinoshita
(President and CEO)
Products
RevenueIncrease JPY 193.4 billion (FY 2017)
(US$ 1.8 billion)
Increase JPY 27.1 billion (FY 2017)
(US$ 255 million)
Number of employees
2,583 (consolidated, as of March 31, 2019)
WebsiteOfficial website
Footnotes / references
[1][2][3]

Nissan Chemical Corporation (日産化学株式会社, Nissan Kagaku Kabushiki-gaisha) is a Japanese company and constituent of the Nikkei 225 stock index.[4]

History

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The Tokyo Jinzo Hiryo factory in 1908

The company was founded in 1887 as "Tokyo Jinzo Hiryo" (Tokyo Artificial Fertilizer Company) by Jokichi Takamine, Eiichi Shibusawa and Takashi Masuda.[5] Takamine served as chief technical advisor for the company. The company opened its first manufacturing plant in Kōtō, and in 1888, started producing superphosphate.[6]

The company was renamed to "Dainippon Jinzo Hiryo" (Dai Nippon Artificial Fertilizer Company) in 1910.[7] In 1923, the companies of Kanto Soda and Nippon Kagaku Hiryo were merged under the Dainippon Jinzo Hiryo name. The resulting company was brought into the Nissan Group in 1937, and was renamed as Nissan Chemical Industries.[6]

In 1928, the company began production of ammonia and ammonium sulfate at a plant in Toyama.[6]

After World War II, the Nissan group was dissolved, along with several other zaibatsus, as part of the Allied occupation strategy for Japan. Nissan Chemical Industries continued on under the same name.[6]

The company changed the corporate name to Nissan Chemical Corporation on July 1, 2018.[6]

Business segments

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The four main businesses of Nissan Chemical are Chemicals, Performance Materials, Agricultural Materials and Pharmaceuticals. Among the company's products are LCD display materials such as SUNEVER® and an external antiparasite drug for animals called Fluralaner, which is an active ingredient in the veterinary pharmaceutical "BRAVECTO®", developed by MSD Animal Health (MSD), the global animal health business of Merck & Co., Ltd.

References

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  1. ^ "Corporate Profile". Nissan Chemical. Retrieved May 8, 2019.
  2. ^ "Nissan Chemical Corp: About the company". Financial Times. Retrieved May 8, 2019.
  3. ^ "Company Profile". Nikkei Asian Review. Nikkei Inc. Retrieved May 8, 2019.
  4. ^ "Nikkei Constituents". NIKKEI. Retrieved November 11, 2010.
  5. ^ Barbara Molony (1990). Technology and Investment: The Prewar Japanese Chemical Industry. Harvard University - Council on East Asian Studies. p. 27. ISBN 978-0-674-87260-8.
  6. ^ a b c d e "Corporate History (Nissan Chemical History)" (PDF). NissanChem. Nissan Chemical Corporation. Retrieved April 15, 2025.
  7. ^ Daniel H. Inouye (November 15, 2018). Distant Islands: The Japanese American Community in New York City, 1876-1930s. University Press of Colorado. p. 45. ISBN 978-1-60732-793-6.
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Official website (in English)