The story
Aichi Watch and Electric Manufacturing
The company was established in 1898 in Nagoya as Aichi Tokei Denki Seizo Kabushiki Kaisha (Aichi Watch and Electric Manufacturing Co., Ltd.). Aircraft production started in 1920, and the company relied initially on technical assistance from Heinkel, which influenced some of their designs. Later, with the prodding and support of the Imperial Japanese Navy, the company started making seaplanes using technology imported from Short Brothers in the UK.
During the inter-war period, Aichi was the beneficiary of technology transferred from Heinkel of Germany. At the time, a team from the League of Nations occasionally visited German aircraft manufacturers to monitor the ban on military aircraft research and production. A Japanese military attache who was a member of the monitoring team, let Heinkel know, confidentially and in advance, of the planned visits. Heinkel thus succeeded in continuing its design on the aircraft ordered by Aichi Aircraft without being spotted.
In 1943 the aircraft division was spun off as Aichi Kokuki Kabushiki Kaisha (Aichi Aircraft Co., Ltd.).
Aichi Machine Industry
After the war, the company was reorganized, manufacturing kei cars under the Cony brand name in Japan. Its current descendant, Aichi Kikai Kōgyō Kabushiki Kaisha (Aichi Machine Industry Co., Ltd.), is integrated with the Nissan corporate structure.
From Wikipedia’s article on Aichi Kokuki, shared under CC BY-SA 4.0.3