Nireco History
A pioneer in automatic control
The corporation currently known as Nireco made its start when in 1931, a German enterprise Askania Werke AG established its Japanese corporation Askania. Five years later, in 1936, Askania reorganized to become a joint-stock corporation, at the same time redirecting its business activity from importing to domestic production of hydraulic-jet-pipe automatic control systems. Eventually, Askania was succeeded by Nihon Regulator, which, based on manufacturing experience and technological know-how gained during the 2nd World War, became a developer and manufacturer of process automation systems. Nihon Regulator made a name for itself as a pioneer in automatic control and was actively involved in industrial development in Japan. Since then, Nireco has come to embody the essential technology of control systems that are used by manufactures at each step of the process, from the procurement of raw materials to the delivery of the finished product, to use resources more effectively, automate processes, save energy and standardize output all to help build today’s international competitiveness.
| Nov. 1950 | Nihon Regulator Co., Ltd. established in Chuo-ku in Tokyo |
|---|---|
| Mar. 1951 | Meguro plant begins production in Shinagawa-ku, Tokyo |
| Nov. 1956 | Rokugo Plant begins production in Ota-ku, Tokyo |
| May. 1965 | Hachioji Office opens in Hachioji-shi, Tokyo |
| Aug. 1969 | Head Office relocated to Minato-ku, Tokyo |
| Jun. 1971 | Meguro Plant operations transferred to the Hachioji Office site |
| May. 1972 | Subsidiary Nireco Service Co., Ltd (later Nireco Keiso Co., Ltd.) established |
| Jul. 1979 | Head Office relocated to Ishikawa-machi, Hachioji-shi, Tokyo |
| Mar. 1984 | Rokugo Plant operations transferred to the Hachioji Office site |
| Nov. 1984 | Company name changed to Nireco Corporation |
| Oct. 1989 | Registered on the OTC share market with the Japan Securities Dealers Association (currently JASDAQ) |
| Jun. 1996 | Head Office relocated to Minato-ku, Tokyo |
| Jul. 1996 | Construction of the research wing of the Hachioji Office completed |
| May. 1998 | Acquired Nireco Taiwan Corporation following application for capital increase |
| Dec. 1998 | ISO9001 certification for all web controllers gained |
| Nov. 2000 | 50th anniversary since the Company’s founding |
| Nov. 2003 | Nireco Automatic Controller (Shanghai) Co., Ltd. established in Shanghai, China |
| Dec. 2004 | Terminated registration as an OTC company and listed stocks on the JASDAQ Securities Exchange |
| Mar. 2012 | Closed our Kyobashi Office and merged it with our Hachioji Office |
| Jul. 2013 | With the merging of the Tokyo Stock Exchange and the Osaka Securities Exchange, we became listed on the Tokyo Stock Exchange JASDAQ (standard) |
| Oct. 2013 | Merged with and absorbed subsidiary Nireco Keiso Co., Ltd. |
| Nov. 2014 | Nireco Process Korea Co.,Ltd. established in Korea. |
| May. 2015 | Completed the rebuilding, seismic strengthening and the new construction of ancillary facilities of our Hachioji office in order to accommodate to aging. |
| Feb. 2017 | Acquired Megaopto Co., Ltd. |
| Jul. 2019 | Nireco International GmbH established in Germany Merged with and absorbed subsidiary Megaopt Co., Ltd. Acquired the Japanese company Kogakugiken Corp. |
| Jul. 2021 | Acquired the Japanese company SEIBU Electric Corp. |
| Apr. 2022 | Transfer to TSE Standard market because of Market restructuring of Tokyo Stock Exchange |
| Mar. 2023 | Nireco Process Korea Co.,Ltd. changed company name to Nireco Korea Corporation |
