Establish Aioi Industry Co., Ltd.

Construct the Kamitaki Plant in Otaki Chiba Prefecture and start the iodine manufacturing with the copper method from subterranean brine for the first time in Japan.

Establish Isobe Mining Co., Ltd.

Develop metal mines in Yamagata Prefecture.

Construct the Yatsumi Plant in Yatsumi-mura

Aioi: Construct the Yatsumi Plant in Yatsumi-mura, Chosei-gun, Chiba Prefecture (present Chosei-mura) and gain ground in the enhancement of iodine production and development of natural gas.

Start the supply of natural gas to Chiba Works of Toyo Koatsu Industries

Aioi: Start the supply of natural gas to Chiba Works of Toyo Koatsu Industries [present Mitsui Chemicals, Inc.].

Aioi Industries Co., Ltd., merge with Isobe Mining Co., Ltd., and the corporate name is changed to Godo Shigen Sangyo Co., Ltd. with pay-in capital of ¥170 million.
Establish the Chiba Works within the premises of Yatsumi Plant and integrate and manage the Yatsumi Plant and the Kamitaki Plant as a result of the merger.

Lay the pipeline between Godo Shigen Sangyo and Teikoku Oil Co., Ltd.

Lay the pipeline between Godo Shigen Sangyo and Teikoku Oil Co., Ltd., [present INPEX Corporation] and start supplying natural gas as city gas.

Complete the Inner Bay Pipeline

Complete the Inner Bay Pipeline and start supplying natural gas as city gas to Chiba Thermal Control Center of Tokyo Gas Co., Ltd.

Paid-capital increased to ¥540 million.

Yatsumi Plant switches the iodine manufacturing facility in Kamitaki Plant from the copper method to the blowing-out method.

Start operation of the remote monitoring control system at the major gas plants and gas feeding bases.

Establish GODOE (U.S.A.), Inc.
Start iodine business in Oklahoma State, U.S.A.

Pay-in capital increased to ¥630 million.

Withdraw from all metal mining businesses.

Start operation of iodine recycling facility.

Register the certification of ISO 9002 for iodine manufacturing.

Start operation of the gas holder at Chiba Works.

Register the certification of ISO 9002 for iodine compound and recycle iodine manufacturing.

Start operation of the prilled iodine manufacturing facility.

Update the registration of certification to ISO9001.

Acquire the stocks of Toyo Kosan Life Co., Ltd.

Dissolve GODOE (U.S.A.), Inc.

Establish the joint venture company Iodo-Finechem Corporation.

Start operation of the new inorganic iodine compound facility
(within the premises of Chiba Works).

Start operation of Chiba Works (organic iodine compound plant) of the joint venture company Iodo-Finechem Corporation (within the premises of Chiba Works).
Complete the construction of Techno Research Center (within the premises of Chiba Works).

Merge Toyo Kosan Life Co., Ltd.

Technology Development Center started operation.

Start the operation of combustion device in liquid
(within the premises of Chiba Works).

Changed trading name from Godo Shigen Sangyo to Godo Shigen Co.,Ltd.

Start the operation of Hydroiodic acid and iodine (within the premises of Chiba Works).

Joint venture, NKY Pharmaceuticals Japan Ltd., established.

Plant II for inorganic iodine compounds started operation.

New blowout tower (No.1) started operation.

Head office relocated to Chosei-mura, Chiba.