- Business
- Nichidai Corporation (6467.T), founded in 1959 and headquartered in Kyotanabe, Kyoto, Japan, develops, manufactures, and sells precision-forged dies, precision-forged products, filtering equipment, metal filtering materials, sintered metals, and assembled precision components primarily for automotive, aerospace, petrochemical, pharmaceutical, food, and beverage industries; its core offerings include automotive parts such as scroll compressor components, gears, cross joints, inner races, hypoid pinion gears, connecting rods, axle beams, and suspension components, alongside multi-layer sintered wire mesh filters with high heat, pressure, and oxidation resistance, turbocharger parts, non-ferrous precision forgings, sanitary inline strainers, flame arresters, aeration tubes, and air rolls for non-contact conveyance. The company operates through three main segments—Precision Die, Precision Parts, and Filter—with production facilities in Japan (Kyotanabe and Ujitawara factories), Thailand (NICHIDAI (THAILAND) LTD. and soon-integrated THAI SINTERED MESH CO., LTD.), and sales offices in the United States, Asia, and Japan, serving domestic and international markets including ASEAN, India, China, and Korea via subsidiaries like NICHIDAI FILTER CORPORATION, NICHIDAI U.S.A. CORPORATION, and NICHIDAI ASIA CO., LTD. In recent developments, Nichidai entered a cooperation agreement with Toyota Motor Corporation to advance Forging DX technology for real-time forging process visualization using intelligent die sets with sensors for load, displacement, and temperature monitoring; announced an absorption-type merger on January 10, 2025, between subsidiaries NICHIDAI (THAILAND) LTD. and THAI SINTERED MESH CO., LTD. (effective July 2025) to consolidate filter production, streamline management, and accelerate global strategy synergies; completed full acquisition of NICHIDAI (THAILAND) LTD.; introduced productivity enhancements like new presses and solar power at Ujitawara factory; received Best Supplier Awards from Mitsubishi Heavy Industries Thermal Systems and IHI TURBO (THAILAND) for quality and support; and reported fiscal year 2025 (ended March 31, 2025) consolidated net sales of 11,602 million yen with improved profitability amid demand recovery in precision parts and filters, while forecasting 12,100 million yen in sales for fiscal 2026.