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Company History

  Company History Topical News
1904 Founder Shinbei Iuni purchased a used vessel from England and named it Kenkon-Maru. Russo-Japanese War
1905 Shinbei Iuni purchased a used vessel from England and named it Kenkon-Maru II. Portsmouth Peace Treaty ending Russo-Japanese War
1908 Inui Partnership Corporation was established in Kobe as an overseas shipping company capitalized at \3,000, owning 4 vessels for a total 11,340 tons deadweight. London Olympics
1914 Had 7 vessels (24,000 G/T). World War I/Panama Canal opens
1933 Company reorganized as a stock company capitalized at \1 million and designated Inui Steamship Co., Ltd. New Deal program
1941 At the start of World War II, the company had 19 vessels (100,000 tons D/W). World War II begins/Tokyo Port opens
1945 At the end of World War II, the company had 5 vessels (17,500 tons D/W). World War II ends/United Nations founded
1949 Increased the capital to 60 million yen. NATO established/Stock exchanges reopened in Tokyo, Osaka, and Nagoya
1952 Listed in the Tokyo Stock Exchange and Osaka Stock Exchange. Japan-US Security Treaty/Speedboat race inaugurated (Japan)
1961 Kenei-Maru dropped into the port of Mount Maunganui for loading New Zealand lumber. First manned orbiting of the Earth/NHK TV serial novel starts
1964 Became a member of Mitsui O.S.K. Lines group due to reorganization of marine transport consolidation. Tokyo Olympics/Liberalization of overseas travel by Japanese citizens
1968 Merged with Wayo Kisen Co., Ltd. (capital, 50 million yen), increasing the capital to 1.25 billion yen. \300 million robbery (Japan) /Postal code use starts in Japan
1972 Started transport of wood chips with Kengo-Maru as the first ship. Japan-China restoration of diplomatic ties/Sapporo Winter Olympics
1975 Started lumber transport business from USA and New Zealand to Far East. Viet Nam War ends/Touch-tone phones appear (Japan)
1981 Established KENFLEET S.A. in Republic of Panama and consolidated existing overseas subsidiary company. Space Shuttle Columbia launched/Kanji standardized for daily use
1988 Changed the name KEN FLEET S.A. to DELICA SHIPPING S.A. Seikan Tunnel, Seto-Ohashi Bridge opens/Recruit incident
1991 Established GRIFFITH S.A in the Republic of Panama Gulf War./Recycling Act enforced (Japan)
1995 Obtained safety certificate based on ISM Code. WTO established/Great Hanshin Earthquake
2001 Transferred the head office to Nihonbashi, Tokyo. 9/11 terrorist attack on New York’s Twin Towers/Koizumi structural reform
2002 Started business tie-up with Meridian Co., Ltd. Euro distribution/Basic residential registers network starts (Japan)
2003 Started contract service of handy bulk carrier from Mitsui O.S.K. Lines (contract termination in 2006). Iraq war. Hayao Miyazaki’s animated move “Spirited Away” wins an Academy Award
2004 Observed 100th anniversary.
Surge in the shipping market.
Surge in the shipping market/Bird influenza outbreaks/New yen-currency bills issued
2005 Issued 1st convertible bonds and the capital increased to 1,851,683,945 yen. Aichi World Exposition/Five Personal Information Protection laws enforced
2006 Obtained certification for ISO 14001, an international industry environmental management standard. 1st World Baseball Classics Tournament
2007 Issued 2nd convertible bonds and the capital increased to 3,351,683,945 yen. Niigata Chuetsu Oki Earthquake/Nippon Yusen Kaisha (NYK) Group starts
2008 Recorded eighth consecutive quarterly rise and best account settlement gains in the fiscal year ending March 2008.
Dividends per share of \40.
Obtained certification for BS25999-2, the British business continuity management standard.
Lehman Brothers shock