||Kida Manufacturing Plant operations commenced by Senior President and Senior Managing Director.
||Incorporated as Kida Valve Ball Co.,Ltd. : paid-in capital of 10,000,000 yen.
||Capital increased to 30,000,000 yen.
||1) The second plant was established.
2) Mie Forging Plant was established.
||Capital increased to 45,000,000 yen
||Trading Division was established.
||Hiroshi Kida takes office as the Executive Managing Director, succeeding from the former director, Yoshikazu Kida who had resigned and took up the chairman post.
||The third plant was established.