NIKKE

In December 2023, Nikke Corporation merged its subsidiaries Ambic and Fuji Corporation to form F&A Nonwovens, integrating their nonwoven fabrics businesses. The company plans to add 3,600 tons per year of capacity by March 2025.

Ambic, a subsidiary of NICKE, merged with Fujiko in December 2023, with Fujiko's nonwovens and felt business transferred to Ambic, which renamed to F&A Nonwovens.

NIKKE will make Fujiko, in which it holds a 32.95% stake, a wholly owned subsidiary through a share exchange effective September 1, 2021, to strengthen their nonwoven fabric business and capture automotive and environmental markets.