V2020

Nitta Unveils New Phase for Management Plan, Targets 100B Yen in Sales for 2020

Nitta Corp. (TYO:5186) President Motonobu Nitta has revealed Phase 3 of his company’s V2020 medium- to long-term management plan. Starting in fiscal 2018, Phase 3 is set to cover a three-year span ending in fiscal 2020. By this point, the plan aims to achieve annual sales of 100 billion yen ($913 million), up from 72.9 billion yen in fiscal 2017,...

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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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