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  • 2012/09/03 N.I. Teijin Shoji Co., Ltd. and the Apparel Division of Teijin Fibers Ltd. Form Teijin Frontier Co., Ltd.

News Release

September 3, 2012
N.I. Teijin Shoji Co., Ltd. and the apparel division of Teijin Fibers Ltd. form Teijin Frontier Co., Ltd.

N.I. Teijin Shoji Co., Ltd. (Head office: Chuo-ku, Osaka City; President: Tetsushi Takenaka), which operates a distribution and product converting business in the Teijin Group, and the Apparel Division of Teijin Fibers Ltd. (Head office: Chuo-ku, Osaka City; President: Toshihide Fukushima), a polyester fiber business, will merge on October 1, 2012 to form Teijin Frontier Co., Ltd.

Tetsushi Takenaka, a Teijin Group corporate officer and president of N.I. Teijin Shoji, the surviving company in the merger, will head Teijin Frontier.

As the Teijin Group pursues a solution-based business model to achieve its medium-to long-term management plan “CHANGE for 2016,” announced in February 2012, Teijin Frontier will aggressively strengthen its capabilities to respond to market demand and integrate fundamental technologies.

Teijin Frontier will take full advantage of Teijin Fiber’s eco-friendly materials and advanced recycling technologies as well as the yarn production and textile processing technologies it built up through years of experience. The company will also integrate this expertise with N.I. Teijin Shoji’s extensive materials business, know-how related to distribution and product converting businesses, and service capabilities supported by its various networks. Bolstered by its strengths in development, technology, and material procurement, Teijin Frontier, a hybrid converter with the functions of a trading company and a manufacturer, intends to expand its business presence in the global marketplace.

Outline of New Company
Company name Teijin Frontier Co., Ltd.
Title and name of company representative President Tetsushi Takenaka (Teijin Group corporate officer)
Established October 1, 2012
Head office 6-7, Minami-hommachi 1-chome, Chuo-ku, Osaka
Capital ¥2,000 million (wholly owned subsidiary of Teijin Ltd.)
Number of employees approximately 800
Business segment Development and sales as well as export and import of fiber raw materials, textile, apparel, industrial materials, and other products
Group companies 20 (consolidated companies: 9 companies in Japan and 11 companies overseas)