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History
History
From Founding to Postwar Recovery
From Military to Civilian Demand: The Golden Age of Communication Equipment and Radios
1943
April
Hokuriku Electric Science Industries Co., Ltd. established in Osawanomachi, Toyama Prefecture (present-day Toyama City) with capital of ¥150,000
1944
April
Company name changed to Hokuriku Electric Industry Co., Ltd.
Foundation Establishment Period
Establishment of HDK Core Products ― The Dawn of the Era of Televisions ―
1961
December
Established Hokuriku Seiki Co., Ltd. (currently a consolidated subsidiary)
1962
August
Listed shares on the Second Section of the Tokyo Stock Exchange
Period of Development and Transformation
Expansion of Products and Business Operations — The Dawn of the IC Era —
1969
July
Established North Japan Electronics Co., Ltd.
1979
November
Established Hokuriku Singapore Co., Ltd. (currently a consolidated subsidiary) in Singapore
1980
July
Established Hokuriku Kosan Co., Ltd.
Period of Rapid Growth
Domestic Expansion and Overseas Development — Digitalization and Lightweight, Thin, Small, and Compact Products —
1982
January
Formed a capital alliance with Oizumi Manufacturing Co., Ltd., and began selling non-linear devices (such as sensors)
April
Established Hokuriku IC Co., Ltd. (currently a consolidated subsidiary) and Kurose Electronics Co., Ltd. (currently a consolidated subsidiary, Asahi Electronics Co., Ltd.)
1984
April
Issued new shares through a public offering (4,000,000 shares issued, total payment received: ¥4,992 million).
1986
September
Listed on the First Section of the Tokyo Stock Exchange
October
Established Taiwan Hokuriku Electronics Co., Ltd. in the Republic of China
1987
September
Formed a capital alliance with Daiwa Circuit Module Co., Ltd. (currently a consolidated subsidiary)
1990
February
Formed a capital alliance with Lexican Circuit Corporation of Canada
April
Established Hokuriku Malaysia Co., Ltd. in Malaysia
Restructuring Period
From Bubble Collapse to Structural Reform: Toward the IT Revolution and Internet Era
1994
July
- Established Hokuden Malaysia Sdn. Bhd. (currently a consolidated subsidiary) in Malaysia
- Formed a capital alliance with Koyo Precision Co., Ltd. and began selling crystal-related products through our company
1995
February
Established Suzhou Daiwa Precision Mold Co., Ltd. in the People’s Republic of China
1996
September
Established HDK America, Inc. (currently a consolidated subsidiary) in the United States
1997
February
Established HDK China Co., Ltd. (currently a consolidated subsidiary) in Hong Kong
March
Established Hokuriku Asia Holdings Co., Ltd. in Singapore
1998
September
Commenced structural reforms under the three-year management improvement plan
Second Founding
HOKURIKU for Sensors & Modules ―Toward the Multimedia and Ubiquitous Network Era―
2001
March
- Hokuriku Electronics Co., Ltd. transfers its manufacturing and sales divisions to Hokuriku Flotlist Co., Ltd.
- Issued new shares through a third-party allotment (5,553,000 shares issued, total issue price: ¥1,082 million)
2002
October
Established Hokuriku (Shanghai) International Trading Co., Ltd. (currently a consolidated subsidiary) in the People’s Republic of China
December
- Announced measures for completing financial restructuring under the “HDK Revitalization Program” and resuming dividends as soon as possible
- Transferred shares of Koyo Precision Co., Ltd. held by the Company
2003
January
Transfer of shares held by the Company in Oizumi Manufacturing Co., Ltd.
February
- Hokuriku Kosan Co., Ltd. and Kita Nippon Electronics Co., Ltd. merged, with Hokuriku Kosan Co., Ltd. (currently a consolidated subsidiary) as the surviving company
- Lexican Circuits Inc. of Canada files for bankruptcy with the Ontario Bankruptcy Court in Canada
August
The formal capital reduction (resolved at the 69th Ordinary General Meeting of Shareholders) took effect, reducing capital by ¥9,669 million to ¥3,000 million
October
First unsecured corporate bond issuance (total issuance amount: ¥2 billion; repayment method: lump-sum repayment due October 17, 2008).
2004
September
- Transferred shares of Hokuriku Malaysia Sdn. Bhd. held by the Company
- Established Tianjin Hokuriku Electric Co., Ltd. (currently a consolidated subsidiary) in the People’s Republic of China
December
Announced measures to transform into a value-creating company under the Medium-term Management Plan “V-PLAN 07”
2005
October
Issued the second unsecured corporate bond (total issuance amount: ¥1 billion; repayment method: lump-sum repayment due October 30, 2009)
2006
March
- New share issuance through public offering (Number of shares issued: 8,000,000 shares; Total issue price: ¥2,373 million)
- Third-party allotment of new shares (Number of shares issued: 800 thousand shares, Total issue price: ¥237 million)
2007
October
Established HDK Thailand Co., Ltd. (currently a consolidated subsidiary, a manufacturing subsidiary for Module Products) in Thailand
2008
February
Announced various measures to pursue renewed growth under the Medium-term Management Plan “G-PLAN 10”
March
Hokuriku Asia Holdings Co., Ltd. dissolved and liquidation completed
October
First unsecured corporate bond matures and is repaid in full (redemption amount: ¥2 billion)
2009
September
Announcement of capital and business alliance with Sumitomo Metal Microdevices, Inc. in the Module Products field
October
Second Unsecured Corporate Bond Maturity Lump-Sum Redemption (Redemption Amount: ¥1 billion)
2010
August
- Acquired shares of Sumitomo Metal Microdevices Co., Ltd. (changed its trade name to HDK Microdevices Co., Ltd. (currently a consolidated subsidiary) on August 2, 2010), making it a subsidiary. Simultaneously, the Company’s electronic module business was transferred to HDK Microdevices Co., Ltd. through an absorption-type split (reverse acquisition). As a result, Shanghai Hokuriku Microelectronics Co., Ltd. (currently a consolidated subsidiary) in the People’s Republic of China and HDK Philippines, Inc. in the Philippines became subsidiaries.
- Taiwan Hokuriku Electronics Co., Ltd. dissolved in March 2008 and completed liquidation.
2011
October
Established Hokuriku Electric (Guangdong) Co., Ltd. (currently a consolidated subsidiary) in the People’s Republic of China.
November
Established Hokuriku International Thailand Co., Ltd. (currently a consolidated subsidiary) in Thailand.
2017
June
Transferred shares of HDK Philippines Corporation held by HDK Microdevices Corporation
2018
October
Acquired shares of Nomura Engineering Co., Ltd. (currently a consolidated subsidiary) and made it a subsidiary.
2022
April
Transitioned from the First Section of the Tokyo Stock Exchange to the Prime Market following a market classification review by the Tokyo Stock Exchange.
2023
October
- Absorbed HDK Microdevices Co., Ltd.
- Transitioned from the Prime Market to the Standard Market