Nitta Corp.

Nitta’s Revenue and Profit Jump in First Half on Strong Semiconductor Products Demand

Nitta Corp. (TYO:5186) has reported a surge in revenue and profit for the first half of the fiscal year ending March 31, 2018. Sales rose to 36.48 billion yen ($319.79 million), up 14 percent from the same period last year, and net profit jumped 25.5 percent to 4.88 billion yen. Meanwhile, operating profit was up 15.2 percent at 2.87 billion...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Nitta’s Dutch Subsidiary Expects to Boost Urethane Belt Sales in Europe

Nitta Corp. (TYO:5186), which has previously made clear its intent to expand its global reach, currently has 18 manufacturing, fabrication and sales locations in 12 countries around the world. Nitta Corporation (Thailand) Ltd., a manufacturer and seller of hoses and tubes that was recently established in Thailand, has completed a factory that is now coming into full operation. Nitta also...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading