Naigaiwata Company

Japanese: 内外綿会社 - ないがいわたかいしゃ

A representative example of Japanese-funded spinning companies in China (Zaihuabo). Founded in August 1887 (with capital of 500,000 yen) with four Osaka ginning cotton wholesalers, it handled domestic cotton as well as Indian and American cotton in partnership with Tata Shokai. It was one of the three major cotton trading companies, but after the Russo-Japanese War it was slow to join the trend of purchasing cotton directly from the source, and scaled back its cotton business. It then acquired Osaka Twisted Threads (1903) and Nippon Boshoku (1905) to enter the spinning industry. Building on its experience in trading cotton-related products in China, the company built its third factory (20,000 spindles) in Shanghai in 1911 at the initiative of director Kawamura Rihei, an advocate of expansion into the continent, marking the beginning of new factories in Shanghai.

Source: Heibonsha World Encyclopedia, 2nd Edition Information

Japanese:

中国における日本資本紡績業(在華紡)の代表的存在。1887年8月大阪の繰綿問屋4店を中心に創立(資本金50万円)され，国産綿のほかタタ商会と提携してインド綿，アメリカ綿を取り扱った。三大綿花商社の一つであったが，日露戦争後には産地直買いの動きに立ち遅れて綿商業を縮小し，大阪撚糸(1903)，日本紡織(1905)を買収して紡績業に進出した。中国での綿関係品商業の経験を前提に，大陸進出論者川邨（かわむら）利兵衛取締役の主唱によって1911年上海に第3工場(2万錘)を建設し，工場新設による在華紡の嚆矢（こうし）となった。

出典　株式会社平凡社世界大百科事典第２版について　情報

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