Noritz Group and Noritz Ventures acquire Daiichi Chemical, transforming into a major player in the Japanese automotive parts supply chain.

The development of self-driving cars is preceded by the electrification and intelligence of automobiles, which has spawned new opportunities in the automotive parts market. Noritz Ventures believes that within the global automotive industry landscape, Taiwan has the greatest opportunity to collaborate with Japan, focusing on key components and precision manufacturing, where Taiwan has advantages, initially entering Japan and then expanding into Europe and the United States.

First Chemical was acquired through a sole proprietorship, possessing technology, distribution channels, Japanese automakers, and Tier 1 customers. After the acquisition, through strengthened management, organizational restructuring, and business reorganization, it successfully turned losses into profits and was successfully listed on the Taiwan Stock Exchange in May 2021.