An investment company that owns the shares of various Nikan Holding subsidiaries.

This pharmaceutical company produces makeup products and supplements.

A Japanese-style spa and wellness center in Tehran.

A Japanese-style spa and bath in Tehran. It states on its websites that it uses the expertise of Akebono Boeki to promote Japanese bath culture (onsen) in Iran. Akebono Boeki is an exporter of food.

This company offers assembly line services for the front and back panels of Iran Khodro cars.

This company is an importer of auto parts, raw material for factories, and electronic parts.

This company’s website describes it as the largest manufacturer of sheet molding compound (SMC) and bulk molding compound (BMC) in the Middle East. Its products are used in various industries including “automotive, water and sewage, electronics, lighting, interior design, railways, and durable urban structures.”

Established in 2017, the company is involved in “the production of various composite materials, engineering compounds and import of polymer products” that are used in a wide range of industries, such as the “automotive industry, injection molding parts, composite parts, electronic components, pipes and fittings, and home appliances.”

Established in Malaysia in 1997, this company “utilizes advanced composite materials in the design, manufacture and installation of architectural structures,” according to its website, and has a client base “in Europe, the Middle East, the US, Australia, and Asia.”