Nippon Sanso Holdings Corporation

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Nippon Sanso Holdings Corporation

NSHD headquarters in Tokyo
Native name	日本酸素ホールディングス株式会社
Romanized name	Nippon Sanso Holdings Kabushiki-gaisha
Company type	Public KK
Traded as	TYO: 4091
Industry	Chemicals Health care Engineering
Founded	1918; 106 years ago (1918)
Headquarters	Shinagawa-ku, Tokyo 142-8558 , Japan
Area served	Worldwide
Key people	Toshihiko Hamada (President and CEO)
Products	Industrial gases Semiconductor manufacturing materials Gas handling systems & equipment LP gases Vacuum bottles
Services	Plant engineering Cryogenic services
Revenue	JPY 850.2 billion (FY 2019) (US$ 7.8 billion) (FY 2019) [1]
Net income	JPY 53.3 billion (FY 2019) (US$ 489 million) (FY 2018)
Total assets	JPY 1.75 Trillion (FY 2019) (US$ 16 Billion) (FY 2019)
Number of employees	20,000 (consolidated, as of 31 March 2019) [2]
Parent	Mitsubishi Chemical Holdings (50.5%)[3]
Subsidiaries	Thermos Matheson Tri-Gas Leeden
Website	Official website
Footnotes / references [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 Japanese multinational industrial gas manufacturer incorporated in 1910 as Nippon Sanso Corporation. The company was founded in 1918.

The company is among the top five industrial gas suppliers in the world with major operations in Japan, USA, Europe and Asia/Oceania.^[6] The company currently operates in more than 30 countries worldwide via its own name and subsidiaries and affiliate companies. The company holds the brand Thermos under its holdings.

NSHD is headquartered in 1-3-26 Koyama, Shinagawa-ku, Tokyo with more than 300 subsidiaries and affiliates in other countries. On 13 May 2014, Mitsubishi Chemical Holdings announced that an agreement had been reached whereby Taiyo Nippon Sanso would become an affiliate of Mitsubishi Chemical, which is a part of the core Mitsubishi group.^[7] Subsequently, Mitsubishi Chemical increased its stake in the company to 50.5%.^[6]

1910 – Established as the Nippon Sanso joint-stock company.

1911 – The start of oxygen production in the Osaki factory.

1918 – Renamed to Nippon Sanso Corporation and the company formally founded on 19 July.

1934 – Made air separation unit. Built Kamata factory in Tokyo, Ota-ku, (newly established).

1935 – First air separation unit completed for domestic usage.

1954 – Established the Kawasaki plant, liquefied oxygen (Japan's first) and high-purity nitrogen, argon started manufacturing.

1955 – Tokyo factory (formerly Kamata factory) was separated, and Nippon Rika Kogyo Co., Ltd., changed its name to Nippon Sanso Corporation its trade name.

1971 – The first time in the world of LNG cold energy utilization air separation unit, completed in Tokyo liquefied oxygen (Ltd.).

1989 – Thermos Japan acquisition^[8] and acquisition of Matheson (compressed gas & equipment).

1999 – Matheson and Tri-Gas Company merged to become Matheson Tri-gas.

2001 – A spin-off household products business, Thermos Ltd., was established.

2003 – Acquired plant engineering division of Hitachi's Air separation units.

2004 – The merger of Nippon Sanso Corporation and Taiyo Toyo Sanso Co., Ltd., caused it to change its name to the Taiyo Nippon Sanso Corporation.

2006 – Acquired all shares of Hitachi Oxygen, Ltd. as a wholly owned subsidiary.

2007 – Is with Japan Carbonate Co., Liquefied Carbon Dioxide Co., Ltd., as well as a holding company to integrate the carbon dioxide business of Japan Liquid Charcoal Holdings Co., Ltd. and Taiyo Nippon Sanso, Japan Liquid Charcoal launched the corporation.

2009 – Acquired Valley National Gases via its subsidiary Matheson Tri-Gas.^[9]

2010 – Acquired majority shares of K-Air Specialty Gases to begin operation in India and agreed to build first ASU in India.^[10]

2012 – Acquired Leeden ltd for its operations in Malaysia and Singapore.^[11]

2013 – Nichikita Oxygen (in Hokkaido Group Companies) renamed to Hokkaido Sanso.

2014 – Acquired by Mitsubishi Chemical Holdings Group(MCHG) to become as a consolidated subsidiary.^[3]

2014 – Acquired Continental Carbonic Products, Inc. in US and becomes largest independent supplier of Dry Ice in US.^[12] 2015 – Acquired Thailand based Air Products Industry and Australian industrial gas company Renegade Gas Pty Ltd.^[13][6]

2016 – Acquired Chinese company Jilin OLED Material Tech and US company Sulfa Trap.^[14][15]

2016 – Agrees to acquire 18 air separation plants and eight other plants of Air Liquide, US. The deal also includes acquisition of three retail stores of Airgas, a subsidiary of Air Liquide.^[16]

2016 – Agrees to acquire Supagas of Australia for US$225 million. After this purchase, TNSC improves its global market share to 7%.^[6]

2018 – Acquired SAIL Technologies, Inc. to foray into amino acid segment.

2018 – Acquired Europe operation of Praxair^[17]

2019 – Acquired 5 HyCO plants of Linde North America ^[18]

TNSC's primary products are:

Electronics Materials and Equipment, including high purity gas, gas mixtures, purification devices and other hardware and services – provides stable supplies of nitrogen and various material gases to the electronics industry. They also supply equipment such as small-scale nitrogen generators, MOCVD equipment and exhaust gas abatement systems.^[19]

Industrial Gas – TNSC provides stable supplies of industrial gases such as oxygen, nitrogen and argon to a wide range of industries, including the steel, chemical, electronics, automobile, construction, shipbuilding, and food industries. In addition to developing and manufacturing gas-applied devices and equipment, they also play a vital role at the forefront of science and environmental preservation and are actively engaged in the national hydrogen project.^[19]

Plant and Engineering – This division manufactures air separation plants, space simulation chambers and equipment related to liquid helium.^[19]

LP Gas – This division supplies LP gas for use in a wide variety of applications including taxis and other commercial vehicles, air conditioners, and aerosol propellants.^[19]

Housewares and related goods – This division makes Thermos-branded products, as well as stainless steel water bottles.^[19] Under its former name Nippon Sanso K.K., the company developed the world's first stainless steel vacuum-insulated bottle in 1978,^[20] vacuum bottles and related supplies.

• Taiyo Nippon Sanso global site (in English)
• Matheson website