Founding
With 2 million yen as capital, Nicchitsu Kozai Kogyo Co., Ltd. was founded as a subsidiary of Nicchitsu Chemical Industry Co., Ltd. (today’s Asahi Kasei Corporation) to manufacture reinforced wood for use in aircraft
Change of business
Changed the trade name to Asahi Veneer Industry Co., Ltd. and shifted to the manufacture and sale of phenolic resin molding materials, synthetic resin molding products, and plywood
Commenced manufacture of molding materials
Change of trade name
Trade name changed to Asahi Organic Chemicals Industry Co., Ltd.
Constructed Nobeoka Factory at its present site
Commenced manufacture of ASAHI AV valves
Commenced manufacture of shell mold resin (resin for casting)
Registered as a construction company (plumbing business)
Commenced manufacture of stop valves
Commenced manufacture of diaphragm valves
Tokyo Stock Exchange debut
Over-the-counter trading on the Tokyo Stock Exchange
Constructed Shimonoseki Factory and commenced manufacture of resin coated sand (RCS)
Constructed Tone Factory and commenced manufacture of synthetic resin molding products and RCS
Constructed Joban Factory and commenced manufacture of RCS
Commenced manufacture of ball valves
Constructed Aichi Factory and commenced manufacture of shell mold resin and RCS
Commenced manufacture of butterfly valves
Listing on the First Section of the Tokyo Stock Exchange
Listed on the First Section of the Tokyo Stock Exchange
Constructed a PVC pipe factory in Kitakatamachi (now Nobeoka-shi)
Commenced manufacture of pipes
Established a European liaison office
Opened a European liaison office in Germany
Capital increased to the current 5,000,100,000 yen by free issue of shares
Constructed labor-saving factory at Nobeoka Head Office
Constructed Laboratory and Research Center at Nobeoka Head Office
Constructed Hiroshima Factory and commenced manufacture of RCS
Shut down Shimonoseki Factory
Opened Singapore Office
Constructed Tochigi Factory and commenced manufacture of RCS
Closed down Tone and Joban factories
Commenced manufacture of PVC pipes at Tochigi Factory
ASAHI/AMERICA, INC. made a fully-owned subsidiary
Acquired all stock of ASAHI/AMERICA, INC. (consolidated subsidiary)
Commenced manufacture of Dymatrix™ series
Constructed Amori Factory (in Amorimachi, Nobeoka) and transferred the Engineering Division there from Nobeoka Factory
Established Asahi-Yuki Sales (West) Co., Ltd. (consolidated subsidiary)
Adopted a dual head office system (Nobeoka Head Office and Tokyo Head Office), and a two business division system (Valve & Piping Systems and Resin)
Established AOC Techno Co., Ltd. (consolidated subsidiary)
Established AOC Assemble Co., Ltd. (consolidated subsidiary)
Commenced OEM production of plastic valves in Taiwan
Constructed Aichi Research Laboratory
Completed construction of Nobeoka Machining Mall
Completed construction of the local factory of an RCS manufacturer in Thailand to which our technology has been licensed
Established Asahi Organic Chemicals Trading (Shanghai) Co., Ltd. (consolidated subsidiary)
Established Asahi Organic Chemicals (Nantong), Ltd. (consolidated subsidiary)
Launched our high performance OctPass® resin
Opened a liaison office in Thailand
Established ASAHI AV VALVE (SHANGHAI) Co., Ltd. (consolidated subsidiary)
Launched Zero-Freon® ER thermal insulation materials for large buildings
Launched Falconics™
Launched Zero-Freon® Fit thermal insulation materials for wooden houses
Asahi-Yuki Sales (Central) Co., Ltd. was merged with Asahi-Yuki Sales Co., Ltd., both of which were fully-owned subsidiaries
Launched our time difference type mixers
Launched HexaPass®
Established ASAHI MODI MATERIALS PRIVATE LIMITED (consolidated subsidiary)
Asahi-Yuki Sales (West) Co., Ltd. was merged with Asahi-Yuki Sales Co., Ltd., both of which were fully-owned subsidiaries, and the trade name changed to ASAHI AV TRADING CO., LTD. (consolidated subsidiary)
Drico Co., Ltd. made a subsidiary
Acquired all stock of Drico Co., Ltd. (consolidated subsidiary)
Established our new Water Treatment & Natural Resources Development Business Division, and adopted a three business division system
Established ASAHI KOREA CO., LTD. (consolidated subsidiary)
Established ASAHI AV Europe GmbH. (consolidated subsidiary)
Established ASAHI ASIA PACIFIC PTE. LTD. (consolidated subsidiary)
Trade name changed to ASAHI YUKIZAI CORPORATION
DAIWA KOUSAN CORPORATION made a subsidiary (consolidated subsidiary)
Acquired additional stock in Asahi AV Sangyo Co. Ltd.
Merged our wholly-owned subsidiaries Asahi AV Japan Corporation and ASAHI AV TRADING CO., LTD. and changed the company name to AViTOP CORPORATION.
Opened our Middle East Branch
Opened our South Africa Representative Office
Closed our Thailand Office
Acquired all stock in Rand Wick Co., Ltd. (consolidated subsidiary)
Established ASAHI AFRICA (PTY) LTD.