History of Business Integration
Nabtesco Corporation was established following the integration of two time-honored companies - Tenjin Seiki Co., Ltd. and NABCO Ltd.
History of Business Integration
Teijin Seiki and NABCO, following the formation of their business partnership in the hydraulic equipment business, came to share the view that business integration would be a very useful tool for helping enhance their corporate value and ensuring sustainable development, while at the same time recognizing each other’s product lineup, core technology, corporate strategy and corporate culture.
Based on this recognition, the two companies established a pure holding company, Nabtesco in 2003, through a stock transfer scheme. Under the holding-company structure, the two companies became its wholly-owned companies. After one-year’s preparation, the holding company absorbed Teijin Seiki and NABCO through a simplified merger method, with Nabtesco shifting to an operating holding company.
In 2004, the two companies were absorbed and merged into Nabtesco Corporation.
|April, 2002||Initiation of hydraulic equipment business alliance between Teijin Seiki Co., Ltd. and NABCO Ltd.|
|September, 2003||Nabtesco Corporation was established as a holding company with Teijin Seiki Co., Ltd. and NABCO Ltd. as wholly-owned subsidiaries and listed on the Tokyo Stock Exchange (First section market).|
|February, 2004||Nabtesco Automotive Products (Thailand) Co., Ltd. was established as a automotive products manufacturing subsidiary in Thailand.|
|October, 2004||Nabtesco consolidated Teijin Seiki Co., Ltd. and NABCO Ltd. and became an operating holding company.|
|November, 2005||Nabtesco Railroad Products (Beijing) Co., Ltd.established (manufacturing and sales of Railway Vehicle Equipment).|
|February, 2008||Nabtesco Power Control (Thailand) Co., Ltd. was established (Manufacturing and sales of traveling motors and swing motors for excavators).|
|December, 2009||Nabtesco Automotive Corporation established (manufacturing, sales, and service of automotive equipment).|
|April, 2010||Shanghai Nabtesco Motion-equipment Trading Co., Ltd. was established (sales and service of precision reduction gears).|
|April, 2011||Nabtesco acquired the automatic door business of Kaba Holding AG of Switzerland and establishes Gilgen Door Systems AG.||April, 2015||Nabtesco acquired Hyest Corporation from TOSHIBA MACHINE CO., LTD.|
History of Teijin SeikiOPENCLOSE
|1944||Separated from parent company (currently Teijin Limited). Originally named Teijin Aircraft Industry Co., Ltd.|
|1945||Name changed to Teijin Seiki Co., Ltd. began manufacturing texitile machinery.|
|1949||Listed on the Osaka Stock Exchange and the Hiroshima Stock Exchange.|
|1955||Resumed manufacturing of aircraft components.|
|1959||began manufacturing of machine tools and industrial machinery.|
|1961||began production of hydraulic equipment.|
|1962||Listed on the first section of the Tokyo Stock Exchange.|
|1966||Acquisition of Toyo Jidoki Co., Ltd.|
|1971||Acquisition of Diavac Limited.|
|1975||Establishment of P.T. Pamindo Tiga T, incorporated in Jakarta, Indonesia.|
|1976||Establishment of Teijin Seiki America, Inc. (currently Nabtesco Aerospace Inc.), incorporated in Washington State, USA.|
|1982||Establishment of STS Co., Ltd., a joint company with Hamilton Sundstrand Corp. of USA.|
|1991||Establishment of Teijin Seiki Boston, Inc. (Harmonic Drive Technologies Nabtesco Inc.), incorporated in Massachusetts, USA, producing specialized drive components.|
|1992||Establishment of Teijin Seiki Europe GmbH (currently Nabtesco Precision Europe GmbH), incorporated in Dusseldorf, Germany, as European sales office for precision reduction gears.|
|1993||Establishment of Yokohama Development Center.|
|1995||Establishment of Teijin Seiki Precision Co., Ltd. (TS Precision Co., Ltd.) and transfer of TS Group's machine tool business to that company.|
|1996||Establishment of a joint company, Shanghai Teijin Seiki Co., Ltd. (currently Shanghai Nabtesco Hydraulic Co., Ltd. (SNHC)) in Shanghai, China with local partners to produce hydraulic equipment.|
|1999||Establishment of TS Heatronics Co., Ltd.
Establishment of LogIT Corporation.
Establishment of Teijin Seiki Advanced Technologies, Inc. (currently Nabtesco Motion Control Inc.), incorporated company in Michigan State, USA to market precision reduction drives.
Establishment of Teijin Seiki USA, Inc. (currently Nabtesco USA INC.), incorporated in Delaware State, USA.
|2000||Acquisition of CMET INC.
Establishment of Teijin Seiki Textile Machinery Co., Ltd. (TSTM Co., Ltd.) a wholly-owned subsidiary and transfer of textile machinery business to that company.
Establishment of a joint company, Shanghai Teijin Seiki Textile Machinery Co., Ltd. (Shanghai TM Co., Ltd. (STMC)) in Shanghai, China with local partners to produce textile machinery.
|2002||Establishment of a joint company, TMT Machinery Inc. with Toray Engineering Co., Ltd. and Murata Machinery, Ltd.||2003||Established a joint holding company, Nabtesco Corporation, with NABCO Ltd. and became a wholly-owned subsidiary. Changed its name to TS Corporation.|
History of NABCOOPENCLOSE
|1925||Nippon Air Brake Co., Ltd., was founded at 1-31, Wakihama, Kobe by three companies: Kobe Steel, Ltd., Engine Manufacturing Co., Ltd., Tokyo Gas Electric Industrial Co., Ltd. The company began manufacturing and sales of air brakes for railroad vehicles.|
|1925||Tokyo Branch (name later changed to Tokyo Office) was established in Chiyoda Ward, Tokyo.|
|1926||Executive office and plant relocated at 5, Kaigan-dori, Wakihama, Kobe.|
|1933||began manufacturing and sales of hydraulic brake systems for automobiles.|
|1937||began manufactring and sales of air brake systems for automobiles.|
|1938||Executive office and plant (Kobe plant) relocated to 3-2058, Wakihama, Fukiai-ku, Kobe (currently 1-46 Kaigan-dori, Wakihama, Chuo-ku, Kobe).|
|1943||Changed its name to Nippon Brake Systems Co., Ltd.|
|1946||Changed its name to Nippon Air Brake Co., Ltd.|
|1949||began manufacturing and sales of hydraulic equipment.|
|1949||Listed on Osaka Stock Exchange.|
|1953||began manufacturing and sales of automatic doors for railroad vehicles and buildings.|
|1961||Yokosuka plant was built (manufacturing of hydraulic brake systems for automobiles).|
|1963||Began manufacturing and sales of marine vessel control systems.|
|1964||Akashi plant was built (manufacturing of hydraulic and pneumatic equipment).|
|1968||Konan plant was built.|
|1970||Nishi Kobe (currently Seishin) plant was built (manufacturing of hydraulic and pneumatic equipment).|
|1972||Akashi plant was closed; operations integrated into Seishin plant.|
|1974||Tokyo office (Tokyo branch) relocated to Minato Ward, Tokyo.|
|1974||Head office relocated at Miyuki-dori, Fukiai Ward (currently Chuo Ward).|
|1984||Nippon ABS Co., Ltd., formed by merger with Robert Bosch Co. (Germany).|
|1985||Listed on Tokyo Stock Exchange (first section).|
|1986||Opened Detroit (U.S.) office.|
|1991||Yamagata plant was built (manufacturing of hydraulic brake systems for automobiles).|
|1992||Changed its name to NABCO, Ltd.|
|1992||Acquierd Lanson Industries Group (U.S.) (manufacturing and sales of automatic doors for buildings).|
|1993||NABCO Mexicana Co. (Mexico) was established (manufacturing and sales of hydraulic brake systems for automobiles).|
|1995||Head office relocated at Isogami-dori, Chuo-ku, Kobe.|
|1995||Transferred manufacturing of automatic doors for buildings from Kobe plant to Konan plant.|
|1997||General Technology Center was built.|
|1998||Kobe plant was built (Nishi-ku, Kobe); operations of former Kobe plant transferred (manufacturing of brake systems for railroad vehicles).|
|1999||Transferred hydraulic brake systems business for automobiles and operation of Yokosuka plant, and sold Nippon ABS shares to Bosch Brake Systems Co., Ltd.|
|2001||Transferred NABCO Mexicana Co. (Mexico) to Robert Bosch Corporation.|
|2001||Executive office and head office was relocated to Takatsukadai, Nishi-ku, Kobe.||2003||Established a joint holding company, Nabtesco Corporation, with TS Corporation (formerly Teijin Seiki Co. Ltd.) and became a wholly-owned subsidiary.|