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Nihon Kohden Corporation

Company Profile Analysis

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Nihon Kohden Corporation - Healthcare showcase

Year Founded & Workforce

1951

5,169 Employees

Industry

Healthcare

Services

Cardiopulmonary Exercise Testing ServicesCardiologyBrain-Computer Interface Market
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Nihon Kohden Corporation Overview

Company Headquarters: Tokyo, Japan

Founded: 1951

Workforce: ~5,169

Company Working: NIHON KOHDEN CORPORATION is a leading manufacturer, developer, and distributor of electronic equipment. It operates through three segments: neuro, newborn care, and hearing and balance. It has continued to supply a wide range of electronic medical equipment, such as EEG, EMG/EP measuring systems, electrocardiographs, defibrillators, and hematology analyzers. Medical Electronics or Medical Engineering (ME) is the union of medicine and engineering. In addition, it provides patient monitor systems that include central monitors, bedside monitors, wireless monitors, remote access software, and other equipment, as well as clinical information systems and related consumables such as electrodes and sensors.

The company has sales subsidiaries in the US, Mexico, Colombia, Brazil, Germany, France, Spain, Italy, the UK, China, Singapore, Thailand, Malaysia, India, the UAE, and Korea. A network of distributors covers the countries where it does not have a direct sales system. Its products are exported all over the world.

Strategy

NIHON KOHDEN CORPORATION focuses on strengthening technological development capabilities and business expansion by region. It emphasizes acquisitions to develop a vast product line, capture the maximum market share, and grow its global footprint in the market successfully. It also focuses on committing to providing high quality and reliability. It will continue its original challenge of using advanced technology to fight disease and improve health. Additionally, the main strategy is to create high customer value and improve productivity within the organization.

Company Snapshot

$495.2M

Revenue

5,169

Employees

1951

Founded

Tokyo, Japan

Headquarters

SWOT Analysis

Strengths

  • Innovative product portfolio
  • Worldwide presence
  • Skilled workforce
  • Flourishing research and development team
  • Continued realization of synergies from the integration of Sigma Aldrich in Life Science
  • Improved performance of laboratory products and services segment
  • Strong and broad portfolio
  • Highly skilled workforce
  • Robust market position

Weaknesses

  • Limited products in the cardiac monitors segment
  • Product recalls in recent years can hamper the company’s market image
  • High expenses of the products
  • Limited success outside the core business
  • Expensive supply chain networking

Opportunities

  • Mergers & acquisitions to expand in the market
  • Increasing demand for filtration units and sterilization
  • Future mergers and acquisitions
  • Customer preferences are rapidly shifting
  • New customers from the online channel

Threats

  • Currency fluctuations
  • Government policies and restrictions in the medical field
  • Intense rivalry with other key players
  • Issues regarding outsourcing of products
  • The changing government rules and regulations in various countries pose a threat to the company
  • New technologies developed by its competitors in the market

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Key Developments

DateApproachDevelopment
July 2021AcquisitionNihon Kohden Digital Health Solutions, Inc. (US), a subsidiary of NIHON KOHDEN CORPORATION, has acquired 100 % of Advanced Medical Predictive Devices, Diagnostics, and Displays, Inc. (US). It is necessary to create algorithms and software that can predict patient outcomes. This is propelling the brain computer interface market forward.
September 2019Product LaunchNIHON KOHDEN CORPORATION introduced the VitalEEG wireless electroencephalogram (EEG) headset to rapidly evaluate unconscious patients' brain-wave information. VitalEEG is designed for quick setup and efficient electrode placement. This assessment is made quickly, which helps the market.

Product Offering

  • Nihon Kohden Corporation
    • Cardiopulmonary Exercise Testing Services
    • Cardiology
    • Brain-Computer Interface Market
  • QP-270A
  • Video-link QP-110AK
  • Spike Detector SoftwareSpike Detector QP-251AK
  • Analysis Software: EEGFocus QP-211AK

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales fell from USD 495.2 Mn in 2019 to USD 473.4 Mn in 2021.
Nihon Kohden Corporation — By Business Segment
Series (USD Mn)201920202021
Sales495.2415.7473.4
R&D Expenditure58.761.361.3

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