Nippon Pillar Packing Co., Ltd. (the “Company”), the parent company of Nippon Pillar (Thailand) Co., Ltd., announces that it resolved at its Board of Directors meeting held on May 13, 2024, to submit proposals regarding a change of trade name at the 76th Ordinary General Meeting of Shareholders scheduled to be held on June 25, 2024, as described below.
1. Change of trade name
(1) Reasons for the change Since its foundation in 1924, the Company has been offering high-performance products such as mechanical seals, gland packing, and gaskets to various industries based on our “fluid control technology.” Furthermore, we have expanded our business fields by developing and offering fluorine resin products for the semiconductor and liquid crystal manufacturing equipment industries, leveraging its technologies relevant to such materials and processing fostered through its experience. The Company has decided to change its trade name in order to take a leap to a new stage on the occasion of the 100th anniversary of our founding. We will enhance our corporate value cohesively across the Group companies by continuing to create groundbreaking innovations in our business activities while both achieving a sustainable society and enhancing our economic value, under the slogans of CLEAN, SAFETY, and FRONTIER, based on the purpose of “creating a future that supports society.”
(2) New trade name and logo
Current Trade Name | New Trade Name |
Japan HQ:
Nippon Pillar Kogyo Kabushiki Kaisha
(English name: Nippon Pillar Packing Co., Ltd.)
Thailand:
นิปปอน พิลลาร์ (ประเทศไทย) จำกัด
(English name: Nippon Pillar (Thailand) Co., Ltd.)
| Japan HQ: Nippon Pillar Kogyo Kabushiki Kaisha (English name: PILLAR Corporation) Thailand: พิลลาร์ ซีล โซลูชั่นส์ (ประเทศไทย) จำกัด (English name: PILLAR SEAL SOLUTIONS (THAILAND) CO., LTD.) |
(3) Scheduled date of change July 1, 2024 This trade name change is subject to the approval of the “Partial Amendments to the Articles of Incorporation” at the 76th Ordinary General Meeting of Shareholders that is scheduled to be held on June 25, 2024.
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