Nikken Company History

The purpose of this article is to provide a basic overview of Nikken. Nikken is a manufacturer of magnetic therapy products. They manufacture magnetic products such as insoles, jewelry, support, wraps, massage, sleep systems and skin care products. They also have pet products, fitness products, air filters and water filters.

The company utilizes the multi-level marketing business model to sell and distribute its products. That means the company manufactures the products and has an independent sales force to sell the products via face-to-face selling. In return, Nikken processes orders, collects payment, ships orders, tracks sales volume and pays its distributors.

The company opened for business in 1975 in Fukuoka, Japan. It opened for operations in the United States in 1989. Since then, the company has rapidly expanded and currently does business in approximately 38 countries. Some of these countries include Japan, the United States, Canada, Mexico, Puerto Rico, Poland, Switzerland, Austria, Norway, Russia, and more. Japan is still the company's largest market.

As of 2010, Toshizo Watanabe is the Chairman of the Board. Kurt Fulle is the Chief Executive Officer. Douglas Braun is the President. The company headquarters is located in Irvine, California. Nikken is a publicly traded company on the Tokyo Stock Exchange. The term Nikken is a combination of two Japanese words, which mean Japan and Health.

From what I've found online, the company is a very reputable company. It's products and training support are superb. That's why the company is one of the industry leaders in network marketing.

Source: http://ezinearticles.com
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