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Message of the President

“Establishing the foundations for Nippon Piston Ring to prosper for 100 years”
~Improve corporate value through marketing and innovation~

President and Representative Director Akira Yamamoto

Recently, the overall world economy has been recovering moderately especially in China, Europe and U.S, although the future of the world economy is unclear because of uncertain economic policy in Europe and U.S. In Japan, the environment for employment and income growth has been improving, so that moderate economic recovery continued.

In the automotive industry which is of central importance to our Corporate Group, the number of vehicles produced worldwide has been growing.

In the future, worldwide production of automobiles is likely to continue to increase, due to the increase in demand in overseas markets. In addition, the need for lower fuel consumption, exhaust restrictions, etc. will probably increase further as worldwide efforts to solve environmental problems are strengthened.

Our Group is not only striving to capture the new demand arising primarily in overseas markets for our existing products, namely piston rings and valve seat inserts, but also is carrying out the following main initiatives, in accordance with the basic policy of our sixth mid-term management plan – “Establishing the foundation for Nippon Piston Ring to prosper for 100 years ~improve corporate value through marketing and innovation~”, in order to establish new mainstay businesses which exploit our Group's exclusive technologies.

  • (1) Acquiring strategic models through differentiation of products
  • (2) Promote revolutionary manufacturing
  • (3) Commercialization of new products (Non-automobile engine parts)
  • (4) Strengthening of human resources development to “achieve the world's highest quality”
  • (5) Strengthening corporate social responsibility activities

Our Group will continue to increase its sales to domestic and overseas automobile makers, and also untiringly take on new challenges to raise quality and reduce production costs through revolutionary manufacturing.

We shall continue our efforts to raise our Group's corporate value, and accordingly I humbly request your deeper understanding and stronger support.

Akira Yamamoto
President

Company Overview

Company Overview

Company name NIPPON PISTON RING CO., LTD.
Head office 5-12-10, Honmachi-Higashi, Chuo-ku, Saitama City, Saitama, JAPAN 338-8503
  Phone: +81-48-856-5022 FAX: +81-48-856-5038
Date of foundation April, 1931
Date of establishment December 20, 1934
Capital 9,839 million Japanese yen
Number of employees 673 (2,918 with affiliated companies)
(March,2017)

Directors (Mainly responsible divisions. Executive Officers are responsible for other division or department not mentioned here. )

President Akira Yamamoto (Internal Auditors Office)
Executive Vice President Shigeru Oishi
(Corporate Management Department, General Affairs Department, Information System Department, NPR Iwate Co., Ltd.)
Managing Director Yuji Sakamoto (Business Planning Department, Tokyo Sales Department, Nagoya Sales Department, Osaka sales Department, International Sales Department, Marine Business Promotion Department, Nippon Ring Service Co., Ltd.)
Managing Director Teruo Takahashi (Technical Engineering Department, Product Engineering DepartmentI, Product Engineering DepartmentII, Research & Development Department, New Product Business Promotion Department, NPR Fukushima Works Co., Ltd.)
Director Masaaki Fujita (Corporate Planning Department, Overseas Operation control Department, Finance Department)
Director Zhongliang Yang (Quality Assurance Department, Production control Department, Production Engineering DepartmentI, Production Engineering DepartmentII, Production Engineering DepartmentIII, Tochigi Plant, NPR ASIMCO Powdered Metals Manufacturing(Yizheng) Co., Ltd)
Director Ryosuke Nagumo
Director Kan Ishii
Audit & Supervisory Board Member (Standing) Yoshihiro Sato
Audit & Supervisory Board Member (Standing) Iwao Hiraishi
Audit & Supervisory Board Member Hiroshi Ishibashi
Audit & Supervisory Board Member Osamu Takai
Audit & Supervisory Board Member Hiroki Kimura
Operating Officer consisting of seven members

Sales Record

Sales by product in 2016
Sales by product in 2016
Trend in sales (FY2012 - FY2016)
Trend in sales (FY2012 - FY2016)

Major Shareholders (as of March 31, 2017)

  • Toyota Motor Corporation
  • Japan Trustee Services Bank, Ltd. (trust account)
  • The Master Trust Bank of Japan, Ltd. (trust account)
  • Asahi Mutual Life Insurance Company
  • CBNY DFA INTL SMALL CAP VALUE PORTFOLIO
  • Nippon Piston Ring Employee Shareholding Association
  • Shinsei Bank, Limited
  • Tokio Marine & Nichido Fire Insurance Co., Ltd.
  • GOLDMAN SACHS INTERNATIONAL
  • Mitsubishi UFJ Trust and Banking Corporation

Business Outline

Business Outline

Main business of the NPR group is production and sale of automobil engine parts, marin engine parts and the other parts.

Main Products

For automobiles

Piston rings (for motorcar, for motorcycle, the other internal combustion engine use)
Valve seat inserts
The other automobil engine parts (Composite comshafts, Cylinder liners, Alloy cast iron camshafts, etc)

For Marine engine and the other products

Marine Piston rings, Industrial large size piston rings,
Metal injection molding parts (for Industrial equipment, for Office autmation equpment, for leisure goods, etc),
Compressor parts, Medical equipment parts (Dental implant)

Main customer

Japanese automekers
ISUZU Motors Ltd. / KAWASAKI Heavy Industries Ltd. / SUZUKI Motor Corporation. /
SUBARU CORPORATION / DAIHATSU Motor Co.,Ltd. / TOYOTA Motor Corporation. /
NISSAN Motor Co.,Ltd. / HINO Motors Ltd / HONDA Motor Co.,ltd. /
MAZDA Motor Corporation. / MITSUBISHI Motors Corporation. /
MITSUBISHI FUSO Truck & Bus Corporation. / YAMAHA Motor Co.,Ltd /
UD Trucks Corporation.
Overseas automakers
Audi AG / GENERAL Motors Company / Daimler AG / Harley-Davidson, Inc. /
Hyundai Motor. Co., LTD / Ford Motor Company / Volks Wagen AG
Japanese marine engine makers and the other
Akasaka Diesels Ltd. / ISEKI & Co.,Ltd. / KUBOTA Corporation. /
KOMATSU Ltd. / Japan Engine Corporation / HANSHIN DIESEL WORKS.,LTD /
Hitachi Zosen Co.,Ltd / MITSUI Emgineering & Shipbuilding Co.,Ltd.
Overseas marine engine makers and the other
WAERTSILAE., LTD / HYUNDAI HEAVY INDUSTRIES Co.,Ltd / MAN DIESEL SE

(Japanese alphabetical order)

Membership of main organizations

JAPIA
Japan Auto Parts Industries Association
JSMEA
Japanese Marine Equipment Association
LEMA
Japan Land Engine Manufacturers Association
JFS
Japan Foundry Engineering Society
JAST
Japanese Society of Tribologists
JPMA
Japan Powder Metallurgy Association
JDMA
Japan Dental Materials Manufacturers Association
JADIS
Japan Association of Dental Implant Suppliers

Main Banks

Shinsei Bank, Limited/ The Bank of Tokyo-Mitsubishi UFJ, Ltd./ Sumitomo Mitsui Bank, Corporation/ Saitama Resona Bank Ltd./ Development Bank of Japan Ltd.

Progress of NPR

1931   Established Nippon Piston Ring Works
1941   Mass-produced the hard chrome plated piston ring for aircraft
1949   Listed on the Tokyo Stock Exchanges
1960   Acquired U.S. and U.K. patent on the NIFFLEX, three-piece steel oil control piston ring
1966   Commended by the MITI. (Ministry of International Trade and Industry) as a distinguished
1973   Established sales company Schöttle Motorenteile GmbH in Stuttgart, Germany
    Established a directly sales company NPR of America Inc. (NOA) in Los Angeles, U.S.A.
1986   Opened NOA Detroit Office in Detroit, U.S.A.
1992   Entered into long-term contracts to deliver piston rings to Mercedes-Benz AG. (Daimler) of Germany
1996   Acquired stock in IP Rings Ltd. of India
1997   Established a joint manufacturing company Siam NPR Co., Ltd. in Thailand. (100% invested by NPR since 2002)
1999   Established NPR OF EUROPE in Germany
2001   Established PT.NT Piston Ring Indonesia in Indonesia.
2004   Established NPR Manufacturing Michigan Inc. in the U.S. (100% invested by NPR).
2005   Established NPR Auto Parts Manufacturing (Yizheng) Co., Ltd. in China
2006   Established PT.NPR Manufacturing Indonesia in Indonesia
    Established NPR Auto Parts Manufacturing (Zhenjiang) Co., Ltd. in China
    Established NPR Manufacturing Kentucky, LLC in U.S.A
2011   NPR US Holdings, Inc as a continuance company, merged extinctive companies such as NPR of America, Inc. , NPR Manufacturing Michigan, LLC and NPR Manufacturing Kentucky, LLC and changed company name of itself into "NPR of America, Inc." after the merger.
    Transferred all holding stocks of NPR Shimane Co., Ltd.
    Established NPR Auto Parts Manufacturing India Privatel Limited.
2012   Merged NPR kawaguchi Works co., Ltd. and NPR Distribution center.
    NPR Auto Parts Manufacturing (Yizheng) Co., Ltd. as a continuance company merged extinctive company such as NPR Auto Parts Manufacturing (Zhenjiang) Co., Ltd.
Established NPR Powdered Metals Manufacturing (Yizheng) Co., Ltd. in China.
2013   Re PT.NT Piston Ring Indonesia, NPR dissolved joint venture contract, and medeit 100% subsidiary.
Established NPR ASIMCO Powdered Metals Manufacturing (Yizheng) Co., Ltd. as a joint venture company with Yizeng Yaxinke Shuanghuan Piston Ring Co., Ltd.
2014   Take Over the business of Metalinjection molding from Sumitomo metal mining Co., Ltd.
Take Over the business of Dentalimplant from Ishifuku metal industry Co., Ltd.
2015   Established Dental implant Medical Device Center in Tochigi Plant

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