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...

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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...

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