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vol.36 50th Anniversary
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Vol.36 50th Anniversary
 Niccho, Inc. marked the 50th anniversary of its founding in July.
 On July 4, to celebrate this landmark, we held "Barge Tour Party," going up and down the Sumida River, and had a great evening with many people. We would like to thank all the participants.
 Under the confidentiality obligation and other matters, we had to give up inviting any clients. We hope all the clients understand the situation.

 Now, when I look back on our history, I realize that three major international economic crises took place in this 50 years.
 (1) Nixon Shock (August 1971)
 (2) Oil Crisis (October 1973)
 (3) Bankruptcy of Lehman Brothers (September 2008)

 Meanwhile, three national crises occurred in Japan.
 (1) Collapse of Bubble Economy (March 1991)
 (2) Great Hanshin Earthquake (January 1995)
 (3) Great East Japan Earthquake (March 2011)

 A total of six national and international crises drove many companies and offices into bankruptcy or closure. Above all, oil crisis severely damaged Japanese economy, also putting Niccho, which was only a seven-year-old company back then, in danger of an economic crisis.
 Although some say "companies can last only about 30 years," fortunately, we have been in business for this long. This is all due to support and encouragement from clients.

 With a new goal to celebrate another 50 years, all of us will start doing our best on a new note.
 We will continue to benefit from your able guidance and wish you all good health and happiness. 
End.
Masaru Sugaya

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