nitta

Nitta CEO Discusses Policy Areas Behind Mid–Long-term Business Plan

In a recent interview with Japan Rubber Weekly, Nitta Corp. (TYO:5186) President Motonobu Nitta expressed the company’s intent to continue working toward the goals set for the second year of Phase 2 in its mid–long-term business plan, “V2020.” On top of analyzing the company’s sales figures and performance breakdown, he discussed the state of its foreign subsidiaries and explained its...

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Nitta Remains on Track to Achieve Its Mid–Long-term Business Plan, says CEO

Sitting down for an interview recently, Nitta Corp. (TYO:5186) President Motonobu Nitta told Japan Rubber Weekly that the company’s sales and profit figures have mostly developed as planned. Nitta furthermore said that forecasts for the full business year remain unchanged for the major belt, hose and tube manufacturer. On general conditions for the first quarter of fiscal 2016, Nitta said...

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Nitta’s CNT Team Receives Environmental Technology Award from Kinki Chemical Society

Members of the carbon nanotube (CNT) development team at Nitta Corp. (TYO:5186) have received an award for environmental technology from the Kinki Chemical Society. The specific achievement earning the recognition was the team’s success in reducing the weight of carbon fiber reinforced plastic (CFRP) made from CNT composite carbon fibers. Making CFRP products more lightweight will enable more efficient use...

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Japanese Rubber Companies Accelerate Overseas Expansion With Acquisitions

In January 2015, Sumitomo Rubber Industries Ltd. (TYO:5110) acquired Lonstroff Holding AG. This is the parent company of Swiss firm Lonstroff AG, a manufacturer of rubber products used in the medical field. By ensuring it has a European base for manufacturing and selling such rubber products, Sumitomo Rubber will focus on Europe as it further develops its global presence in...

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Nitta Holds Shinto Rites at Second North American Factory Site

Nitta Corp. (TYO:5186) subsidiary Nitta Corporation of America (NCA) has conducted a ceremony, believed under the indigenous Japanese Shinto religion to purify land, at the expanded construction site where its second factory is to be built. Operating mainly in North and South America, NCA is building the new factory facilities to reinforce its production and processing efforts as its regional...

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Nitta Celebrates 131 Years of Business

Nitta Corp. (TYO:5186) held ceremonies on March 18 at its head office in Osaka and plant in Nara to celebrate 131 years in business, followed by awards for its long-service employees. In his ceremony speech, President and Representative Director Motonobu Nitta said that the company has survived through the generations by responding to whatever challenges have come its way and...

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