Short answers, pulled from the story.
Nihon Falcom is best known for the Ys series, The Legend of Heroes series, and the Trails series. The company also created the Dragon Slayer franchise, which is credited with establishing the action role-playing game genre.
Nihon Falcom was founded in 1981 by Masayuki Kato. Toshihiro Kondo succeeded Kato as president in 2007.
The name Falcom is derived from the Millennium Falcon, with the final "n" changed to "m" to match Japanese naming trends of the era. Nihon, one of the native names for Japan, was added to make the full company name sound complete.
Nihon Falcom's first RPG was Panorama Toh, released for the PC-8801 in 1983. It featured real-time combat and a hex-grid overworld with a day-night cycle, anticipating the action RPG formula before the genre was formally established.
Dragon Slayer II: Xanadu, released in 1985, sold more than 400,000 copies, making it the best-selling PC game up to that point in time.
Early Nihon Falcom soundtracks were composed primarily by Yuzo Koshiro and Mieko Ishikawa, both chiptune musicians who helped establish Falcom's reputation for notable video game music.