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History

The Excel Group’s Corporate History

1961-2000

Jul 1961
OK Shokai Co., Ltd. established in Chiyoda-ku Tokyo with capital of ¥500,000
Becomes distributor for Origin ELECTRIC CO., LTD.
Dec 1963
Company name changed to OK Denki Shokai Co., Ltd.
Mar 1965
Becomes distributor for Matsushita Electric Works, Ltd. (now Panasonic Industrial Devices Sales Japan Co., Ltd.)
Mar 1966
Becomes distributor for Sharp Corporation
Nov 1968
Head Office moved to Shinagawa-ku, Tokyo
Jan 1969
Becomes exclusive distributor for Matsushita Electric Industrial Co., Ltd. (now Panasonic Corporation)
Nov 1977
Company name changed to OK Denki Co., Ltd.
Apr 1992
Company name changed to Excel Co., Ltd.
May 1993
Singapore branch office opened
Jun 1994
Subsidiary Excel Asian Taiwan Co., Ltd. established in Taipei, Taiwan
Oct 1994
Hong Kong branch office opened
Dec 1995
Shanghai office opened
Sep 1998
Shares registered with Japan Securities Dealers Association for OTC trading

2001 – present day

Jun 2001
Subsidiary Easepro Consultants Ltd. (now Excel Electronics (Hong Kong) Ltd.) established in Hong Kong
Dec 2001
Fiscal year-end changed from September 30 to March 31
Oct 2002
Minimum trading unit reduced from 1,000 shares to 100 shares
Dec 2002
Company listed on the 2nd Section of the Tokyo Stock Exchange
Jul 2003
Hong Kong branch office closed after transferring operations to Excel Electronics (Hong Kong) Ltd.
Sep 2003
Head Office moved to Minato-ku, Tokyo
Mar 2004
Company listing transferred to the 1st Section of the Tokyo Stock Exchange
Apr 2004
Head Office and Tokyo Minami Sales Branch awarded ISO 14001 certification
Jul 2005
Subsidiary Excel International Trading (Shanghai) Co., Ltd. established in Shanghai, China
Jul 2007
Nideco Co., Ltd. absorbed through a merger
Becomes distributor for Alps Electric, KEL Corporation, KYOCERA Corporation and other companies
Nideco Electronics (Singapore) Pte. Ltd. renamed Excel Singapore Pte. Ltd.
Feb 2009
Subsidiary Excel Electronics Trading (Shenzhen) Ltd. established in Shenzhen, China
Jul 2010
Subsidiary Excel International Trading (Shanghai) Co., Ltd. established in Wuxi, China
May 2012
Subsidiary WiseOps Co., Ltd. (now Advanced Display Solutions (HONG KONG) Limited) established in Hong Kong
Feb 2014
Subsidiary Excel Electronics Trading (Thailand) Co.,Ltd. established in Bangkok, Thailand
Nov 2015
Subsidiary Excel Electronics Trading Mexicana, S.A. de C.V. established in San Pedro, Garza García N.L. Mexico
Dec 2016
Subsidiary Advanced Display Solutions Limited established in Minato-ku,Tokyo