Message & Corporate Profile

President's Message

Greetings from the representative director of the Nikke Group

We will create attractive businesses that represent a company creating a future.

On December 3, 2016, the Nikke Group celebrated the 120-year anniversary of its foundation thanks to your support and loyalty.

In FY 2016, we proceeded with efforts made for the improvement of our corporate value by realizing the Nikke Group Mid- to Long-term Vision (NN 120 Vision), resulting in an increase in profits for seven consecutive years. On the other hand, uncertainty in the economic environment is increasing, as shown by, for example, the downward swing of the economy in emerging Asian countries and the great fluctuations in currency exchange rates. In addition, structural changes in Japan such as the decreasing birthrate and aging population / declining population, along with the overconcentration of people and industry in Tokyo is accelerating, causing substantial changes in the business environment surrounding our Group.

Considering this current kind of situation, the Nikke Group has formulated the mid-to long-term vision called Renewal of Nikke 130 (RN 130 Vision), in which we stipulated that we aimed to further raise our corporate value in the mid-to long-term by reestablishing Nikke’s direction, company image, and business strategies for the next 10 years. FY 2017 is the first year of the period for the First Mid-term Business Plan from the Nikke Group RN 130, which shall be positioned as Phase 1 for specifically realizing the RN 130 vision. I also recognize that this year is very important for us to take off to become what we want to be in 10 years.

We at the Nikke Group aim to be a company that is valuable for all stakeholders, and believe that it is important to make steady efforts so as to grow every year. Attempts will be made to strengthen the operation of the Group by creating synergistic effects and by reducing costs, to develop and hire human resources for management roles and specialists who can support our business growth, and to improve efficiency in using our assets. As for entering new fields / enhancing our existing businesses through mergers and acquisitions, and research and development, we will try to engage in growing fields which are advancing one step ahead of our existing businesses.

By turning an eye toward undeveloped fields in addition to our four business lines (Textile & Clothing Materials, Industrial Machinery & Materials, Human & Future Development, and Consumer Goods & Services), and making bold efforts with passion and pride in the development and provision of highly functional products and the best services for communities, we will aim to achieve “consolidated sales for the Group of 120 billion yen or more and operating profits of 9 billion yen or more,” which are the targets for FY 2019, which is the last year of the period for the First Mid-term Business Plan from the Nikke Group RN 130, and also every company in the Group will continue to make bold efforts to create attractive businesses that represent a company creating a future, as shown in our philosophy.

Kazuya Tomita

Kazuya Tomita
President and Chief Executive Officer,
Japan Wool Textile Co., Ltd.
Nikke Group Representative Director

Corporate Overview

Company name (short form) NIKKE
Official company name Japan Wool Textile Co., Ltd.
Date of foundation December 3, 1896
Capital 6,465 (millions of yen)
Numbers of employees 4,694 (consolidated)
523 (non-consolidated) (as of November 30, 2016)
Listed on First Section of the Tokyo Stock Exchange
Representative Director Kazuya Tomita
President and Chief executive officer, Japan Wool Textile Co., Ltd.
Nikke Group Representative Director

Officers / Executive Officers

Chairman Mitsuyoshi Satou
President and Chief Executive Officer Kazuya Tomita
Director and Managing Executive Officer Sadatoshi Shimazu
Director and Managing Executive Officer Osamu Hagihara
Director and Managing Executive Officer Shigeyuki Washine
External Director Kenjirou Miyatake
External Director Kouzou Arao
External Director Shigeo Niwa
Audit and Supervisory Board member Mitsuru Hasama
Audit and Supervisory Board member Shuichi Toriyama
External Audit and Supervisory Board member Takeshi Katayama
External Audit and Supervisory Board member Michiko Uehara
Executive Officer Tadayoshi Yamamoto
Executive Officer Masakazu Kimura
Executive Officer Shougo Ueno
Executive Officer Yoshirou Kawamura
Executive Officer Takehiro Okamoto
Executive Officer Kazuhiro Oohashi

From the front row left:
Director and Managing Executive Officer Sadatoshi Shimazu, Chairman Mitsuyoshi Satou, President and Chief Executive Officer Kazuya Tomita, Director and Managing Executive Officer Osamu Hagihara
From the middle row left:
Director and Managing Executive Officer Shigeyuki Washine, External Director Kenjirou Miyatake, External Director Kouzou Arao, External Director Shigeo Niwa
From the back row left:
Audit and Supervisory Board member Shuichi Toriyama, Audit and Supervisory Board member Mitsuru Hasama, External Audit and Supervisory Board member Takeshi Katayama, External Audit and Supervisory Board member Michiko Uehara

Business Description

Textile & Clothing Materials Development, manufacture, and sales of high-functional materials and products mainly for clothing
Industrial Machinery & Materials Development, manufacture, and sales of various materials ranging from wool through chemical synthetic fibers, and from thread through twine / felt / non-woven fabric
Design, manufacture, and sales of industrial machinery
Human & Future Development Provision of products and services which are community coexistence-oriented and the development of real estate, with a focus on community development
Consumer Goods & Services Provision of sales and distribution for those inside/outside the Group by leveraging our capabilities as a trading company

Major business bases

Osaka Headquarters

3-3-10, Kawaramachi, Chuo-ku, Osaka 541-0048, Japan

Kobe Head Office

47, Akashi-cho, Chuo-ku, Kobe 650-0037, Japan

Tokyo Branch Office

Nikke Tokyo Bldg., 1-2-8 Hatchobori, Chuo-ku, Tokyo 104-0032, Japan

Liaison Offices Sapporo, Sendai, Nagoya, Hiroshima, Fukuoka
Regional Offices Kakogawa (Hyogo Pref.), Chubu (Aichi Pref.)
Mills / Offices Innami (Hyogo Pref.), Gifu (Gifu Pref.), Ichinomiya (Aichi Pref.)
Textile design and creation center Ichinomiya (Aichi Pref.)
Shopping Centers NIKKE PARKTOWN (Hyogo Pref.), NIKKE COLTON PLAZA (Chiba Pref.)
Overseas Offices Milan, Shanghai, Bangkok

Financial Summary

  (Non-consolidated) (Consolidated)
Business
results
(November
2016)
Net sales 31,893 100,982
Ordinary income 4,544 7,649
Net income 2,830 5,002
Financial
ratios
(November
2016)
Equity ratio 71.3% 61.8%
Ratio of net income to
shareholders’ equity
- 6.2%

(unit: millions of yen)

Network of NIKKE Group

(1) Nakahiro Corp. A
(2) Gosen Co.,Ltd. B
(3) Nikke Audeo Service and Development Co.,Ltd. C
(4) GCC Co.,Ltd.
(5) Nikke Shoji Co.,Ltd. D
(6) Yuei Trading Co.,Ltd. E
(7) Nikke Real Estate Co.,Ltd. F
(8) Soyo International Corp. G
(9) Nitto Family Co.,Ltd.
(10) Akatsuki Shoji Co.,Ltd. H
(11) Satoh Sangyo Co., Ltd. I
(12) Tsukineko Co.,Ltd. J
(13) Niceday Inc. K
(14) Miyako Corp. L
(15) Kodomo no Kao Co.,Ltd.
(16) Nikke Machine Manufacturing Corp. M
(17) Nikke Fabric Co.,Ltd. N
(18) Nikke Textile Co.,Ltd. O
(19) Taisei Wool Textile Co.,Ltd. P
(20) Nikke Okoshi Dyeing Co.,Ltd.
(21) Nikke Logistics Co.,Ltd.
(22) Bisyuu Wool Co.,Ltd.
(23) Nikke Leisure Service Co.,Ltd. Q
(24) Nikke Indoor Tennis Co.,Ltd. R
(25) Nikke Care Service Co.,Ltd. S
(26) Nikke Town Partners Co.,Ltd.
(27) Pamco Inc.
(28) Ambic Co.,Ltd. T
(29) Japan Felt Industry Co.,Ltd.
(30) Sugimoto Textile Inc.
(31) Hokuren Co.,Ltd.
(32) Kanaya Knit Co.,Ltd.
(33) Kyu-tech Co.,Ltd.
A
Sales of clothing materials/goods and rental of real estate
B
Manufacture and sales of sporting goods, fishing lines, and industrial materials
C
Franchise business / children’s amusement facility business
D
Sales of bedding products / knitting yarn / made-to-measure fashions
E
Wholesales of sundries for 100-yen shops
F
Construction and real estate
G
Manufacture and sales of horse gear and equestrian supplies, and trade agency for such goods
H
Sales of clothing materials/goods
I
Same as above
J
Manufacture and sales of stamp ink
K
Manufacture and sales of beds and bedding, furniture, and other indoor goods
L
Manufacture and sales of furniture, interior decoration, daily necessities / miscellaneous goods, etc.
M
Manufacture and sales of industrial machinery
N
Sales of knitting wool
O
Manufacture/processing/sales of thread, fabric, and fiber products
P
Manufacture of wool fabric
Q
Sports-related business
R
Same as above
S
Nursing care business
T
Manufacture and sales of non-woven fabric and felts

(1) Manufacture of wool fabric
(2) Manufacture of knitting wool

Corporate Profile

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