Taiyo Nippon Sanso

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Nippon Sanso Holdings Corporation
Native name
日本酸素ホールディングス株式会社
Nippon Sanso Holdings Kabushiki-gaisha
TypePublic KK
TYO: 4091
IndustryChemicals
Health care
Engineering
Founded1918 (1918)
Headquarters,
Japan
Area served
Worldwide
Key people
Toshihiko Hamada
(President and CEO)
Products
Services
RevenueIncrease JPY 850.2 billion (FY 2019) (US$ 7.8 billion) (FY 2019) [1]
Increase JPY 53.3 billion (FY 2019) (US$ 489 million) (FY 2018)
Total assetsDecrease JPY 1.75 Trillion (FY 2019) (US$ 16 Billion) (FY 2019)
Number of employees
20,000 (consolidated, as of 31 March 2019) [2]
ParentMitsubishi Chemical Holdings (50.5%)[3]
SubsidiariesThermos
Matheson Tri-Gas
Leeden
WebsiteOfficial website
Footnotes
[4][5]

Nippon Sanso Holdings Corporation (日本酸素ホールディングス株式会社, Nippon Sanso Holdings Kabushiki gaisha), commonly known as NSHD, is a holding company that oversees group companies including the major industrial gas manufacturer Taiyo Nippon Sanso and the stainless steel thermos manufacturer Thermos. It is a consolidated subsidiary of the Mitsubishi Chemical Group.

NSHD is one of the major global supplier of industrial gas, with operations in Japan, the United States, Europe, and the Asia-Oceania region.[6][7] It operates in more than 30 countries through its own brand, subsidiaries, and affiliate companies.

History

Nippon Sanso was first established in 1910 as the Nippon Sanso joint-stock company and formally founded as the Nippon Sanso Corporation in 1918. In 1989 it acquired Thermos Japan[8] and Matheson (compressed gas & equipment). On 13 May 2014, Mitsubishi Chemical Holdings announced an agreement for Taiyo Nippon Sanso to become an affiliate of Mitsubishi Chemical, a core company within the Mitsubishi group.[9] Mitsubishi Chemical subsequently increased its stake in Taiyo Nippon Sanso to 50.5%.[6] In 2020 the company was renamed to Sanso Holdings Corporation as it transitioned to a holding company.[10]

Products & Services

NSHD's primary products include:

  • Industrial gases such as oxygen, nitrogen, and argon for supply to a wide range of industries, including the steel, chemical, electronics, automobile, construction, shipbuilding and food industries.

References

  1. "Company details" (PDF). Archived from the original (PDF) on 29 November 2021. Retrieved 15 June 2020.
  2. "Company details". Archived from the original on 7 November 2020. Retrieved 28 May 2019.
  3. Fujikawa, Megumi (13 May 2014). "Mitsubishi Chemical to Buy Taiyo Nippon Sanso". The Wall Street Journal. Dow Jones & Company. Retrieved 26 April 2017.
  4. "Corporate Data". Taiyo Nippon Sanso. Archived from the original on 27 April 2017. Retrieved 26 April 2017.
  5. "Company Profile". Nikkei Asian Review. Nikkei Inc. Archived from the original on 30 June 2017. Retrieved 26 April 2017.
  6. "Taiyo Nippon to buy Australian gas maker". Nikkei Asian Review. Nikkei Inc. 22 November 2016. Retrieved 26 April 2017.
  7. "Nippon Sanso Holdings Corp: Overview".
  8. Radnedge, Stuart (16 June 1989). "Thermos Co. to Be Sold to Japanese Firm". Los Angeles Times. Retrieved 13 November 2018.
  9. "Taiyo Nippon Sanso to become an affiliate of Mitsubishi Chemical Holdings". The Gas Review - Gasmos. K.K. Gas Review. Retrieved 26 April 2017.
  10. "Acceleration of Global Expansion | Nippon Sanso Holdings Corporation". www.nipponsanso-hd.co.jp. Retrieved 14 January 2025.
  11. "Business of TNSC".
  12. History of the Thermos Company Archived 12 May 2018 at the Wayback Machine Kitchen Kapers