1890 > 1926 Foundation and the period of private managementAfter starting-up in the casting industry in 1890, Gonshiro Ohde (later to become Gonshiro Kubota) found success bringing iron pipes for waterworks to mass production, and later diversified his business into the manufacturing of machine tools and iron and steel making equipment, etc. He also aimed for the manufacture of a small three wheeled automobile, but he failed in the face of competition from foreign imported vehicles, and transferred his shares to Tobata Casting (the predecessor of Nissan Motors Co., Ltd) in 1931. Later, the engine business he bought from Tobata Casting became the foundation stone for the future internal combustion equipment business.