Collaboration on worker dispatching undertaking with NISSO CORPORATION

September 13, 2019

TOKYO - Nikon Corporation (Nikon) and NISSO CORPORATION (NISSO) have signed contracts regarding a collaboration on worker dispatching undertaking, which is presently operated by Nikon Staff Service Corporation (NSS), a subsidiary of Nikon.

In January 2020, Nikon will transfer 49% of Nikon-owned NSS shares to NISSO, and NSS will become a joint venture company. The joint venture company will operate the worker dispatching undertaking previously operated by NSS.
The contract manufacturing business which is presently operated by NSS will be operated by a newly established subsidiary of Nikon, Nikon Product Support Corporation, and will conduct business within Nikon group.

As the labor force has been decreasing in tandem with the declining birthrate and aging population, it is anticipated that the demand for older workers and the demand for diversified employment formats will further increase.
NSS has provided excellent worker dispatching service mainly to Nikon group up until now. Through the collaboration with NISSO, specifically by merging NISSO's abundant experience, network and know-how about human resource development to the joint venture, Nikon Nisso Prime Corporation will further enhance the worker dispatching undertaking, promote the expanding and the securing of job opportunities for older employees of Nikon group.

Overview of the joint venture company (planned to start operation from January 2020)

Company name Nikon Nisso Prime Corporation
Representative Masahiko Yoshida
Head office Shin-Yokohama 214 building 8F, 2-14-2 Shin-Yokohama, Kohoku-ku, Yokohama, Kanagawa
Capital ¥50 million
Shareholding ratio Nikon 51%, NISSO 49%

The information is current as of the date of publication. It is subject to change without notice.