Company overview / Company history

company overview

Company Name Aica Kogyo Co., Ltd.
Head Office JP Tower Nagoya, 26F, 1-1-1 Meieki, Nakamura-Ku, Nagoya, Aichi, 450-6326, Japan
Date Established October 20, 1936
Capital 9,891 million yen
Employees Consolidated: 3,850 Non-consolidated: 1,175
(as of March 31, 2018)
Net Sales Consolidated: 163,726 million yen Nonconsolidated: 105,513 million yen
(term ended March 31, 2018)
Ordinary Income Consolidated: 19,600 million yen Nonconsolidated: 14,097 million yen
(term ended March 31, 2018)
Net Income Consolidated: 11,996 million yen Nonconsolidated: 10,212 million yen
(term ended March 31, 2018)
Listings Tokyo and Nagoya Stock Exchanges (first section)

company history

1931-1940
Oct.1936 Chemicals division of Aichi Tokei Denki spun off to create Aichi Kagaku Kogyo, capitalized at 1 million yen and headquartered within the Aichi Tokei offices (#15 Chitose Aza Funagata, Minami-ku, Nagoya).
Feb.1939 Developed Japan's first urea-based resin adhesive, "AICHI-MUTEKI-NORI."
1941-1950
Mar.1944 Established the Shinkawa plant.
Jul.1949 Urea resin wood adhesives first in Japan to be granted the right to display the JIS mark.
1951-1960
Jul.1954 Urea resin wood adhesives first in Japan to be granted the right to display the JIS mark.
Jan.1960 Launched "AICA DECOLITE" melamine laminated sheet. Changed the brand name of the melamine sheets to "AICA."
1961-1970
1962Jul. Listed on the Second Section of the Tokyo Stock Exchange.
Jun. Changed company name to "AICA Kogyo Co., Ltd."
1967Feb. AICA Melamine Laminated Sheet (thermosetting plastic laminated sheet for general application) receives JIS certification.
1968Dec. Established first joint company in Malaysia.
1969Mar. AICA Aibon (polyvinyl acetate plastic emulsion wood adhesive) received JIS certification.
1971-1980
Oct. Moved headoffice to the 20th floor of the Takihyo Building (2-20-19 Marunouchi, Naka-ku, Nagoya), currently the Nagoya Tokio M&F Building.
1976July MAICA Door Sdn. Bhd. established.
1979Dec. AICA Wood Industry (Malaysia) Sdn. Bhd. established.
1981-1990
1984Dec. Began printed wiring board operations.
1986May Listed on the First Section of the Tokyo and Nagoya Stock Exchanges.
1991-2000
1997Dec. Granted for ISO9001
Jun. Established the Fukushima Plant.
Sep. Granted for ISO14001 certification.
Sep. Constructed Head office Building within the Shinkawa Plant.
2001-2010
Mar. Acquired stock for and subsidized Ganz Chemical Co., Ltd.(Osaka).
Aug. Granted OHSAS18001 certification.
Oct. Marged AICA Hanbai Co., Ltd. which was a subsidiary
Nov. Acquired stock for and subsidized Dainippon Shikizai Kogyo Co., Ltd.
Sep. Shenyang AICA-Hope Kogyo Co., Ltd. established.
Aug. Unit of stock transaction changed from 1,000 shares to 100 shares.
2005April Merger with Dainippon Shikizai Kogyo Co., Ltd.
2006Aug. AICA Trading (Shanghai) Co., Ltd. established.
May. Established agreement with Aichi Prefecture for “Corporate Forest Development” project and started forest improvement activities.
Oct. Acquired stock for and subsidized Nishi Tokyo Chemix Corporation.
Jun. Opened a chair course for social welfare economy in Nagoya University.
Oct. Built research wing in Tamba Factory of Gants Chemical Co., Ltd.
Oct. Granted Forest Stewardship Council“Chain of Custody” Certification, a first for melamine laminated sheet manufacturers.
Dec. Dissolved capital and business tie-up with Goyo Intex Co., Ltd.
2011-
Aug. Established AICA Laminates India Pvt. Ltd. in India. Took over laminated sheet business from Bombay Burmah Trading Corporation Ltd.
Sep. Established a representative office in Indonesia.
Nov. Established R&D building within the Ibaraki Plant.
April Merged Ganz Chemical Co., Ltd.
Sep. Established AICA Vietnam Co., Ltd. (Vietnam).
Dec. Acquired stocks of Dynea Asia Pacific, a subsidiary of Dynea Chemicals (Finland) and established Aica Asia Pacific Holding Pte.Ltd. (Singapore)
April Established office wing at Tamba Factory
Oct. Opened a chair course for CBM Healthcare Innovation (Aica Kogyo) in Nagoya University Graduate School of Economics
April Printed wiring board manufacturing and sales business conducted by the Company and AICA Electronics Co., Ltd. succeeded by RITA Electronics, Ltd. and RITA Electro-Products, Ltd. through absorption-type split
All issued shares of AICA Eletec, Ltd. transferred to RITA Electronics, Ltd.
April Opened Okinawa branch office
Jun. The regional welfare society study group of which the Company is a member submitted recommendations to the government on "industrialization and growth strategy through integrated medical and nursing care service"
Sep. Established Aica SDK Phenol CO., Ltd. Acquired the phenolic resin business of Showa Denko K.K.
Oct. Established AICA-Tec Kenzai Corporation. Acquired business of Mitsubishi Materials Kenzai Corporation
Feb. Acquired Ministry of Health, Labour and Welfare "Kurumin" certification as a company that supports working parents
April Merged Aiho.co.jp (AIHO)
Jun. Opened first full-scale, directly operated showroom "Taiwan Aica Taichung Showroom" in Taiwan with Taiwanese joint venture "Taiwan Aica Kogyo Co., Ltd."
Oct. Merged Aica SDK Phenol CO., Ltd.
Oct. Opened a chair course for Hospital Management Studies (Aica Kogyo) in Kyoto University Graduate School of Management
Dec. Established Aica Laminates Vietnam Co.,Ltd.
Jan. Acquired shares to convert Evermore Chemical Industry Co., Ltd. (Taiwan) to a subsidiary
Jan. Established Aica Asia Laminates Holding Co., Ltd. (Thailand)
Mar. Acquired shares of convert Thai Chemical Corporation
(Thailand) by Aica Asia Pacific Holding Pte.Ltd. to a subsidiary.