Nifco Inc.
13.70
EUR
0.00
(0.00%)
ISIN
JP3756200006
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
JPY
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in mil. unless spec.Working Capital
JPY
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in mil. unless spec.Growth Rates
JPY
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in mil. unless spec.Quarterly Revenue
JPY
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in mil. unless spec.Quarterly Earnings Per Share
JPY
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in mil. unless spec.Quarterly Dividends Per Share
JPY
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in mil. unless spec.Company Description
- CEO
- Masaharu Shibao
- Full Time Employees
- 8,886
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- 5-3 Hikarinooka, Yokosuka-shi, Kanagawa Prefecture Yokosuka KN Japan 239-8560
- IPO Date
- Jul 2, 1979
- Website
- nifco.co.jp
- Similar Companies
- Business
- Nifco Inc. is a Japan-based manufacturing company primarily engaged in the production and sale of industrial plastic parts and components. Founded in 1967 and headquartered in Yokosuka, Japan, the company operates in multiple business segments including molded synthetic resin products, fasteners, dampers, buckles, and furniture. Nifco's core products include automotive components such as fasteners, clips, dampers, camera brackets, radar brackets, fuel components, and other plastic precision molding parts used in engine, fuel, transmission, and advanced driver-assistance systems (ADAS). Beyond automotive, Nifco manufactures household equipment products for plumbing, building materials, consumer electronics, office automation, fashion, and sports. These products leverage the company's plastic connecting and motion control technologies to enhance safety, comfort, and functionality. Nifco operates globally with subsidiaries and manufacturing facilities in Japan, Asia (China, South Korea, India, Taiwan, Thailand, Malaysia, Vietnam), North America (United States, Mexico), and Europe (UK, Poland, Germany). The company serves diverse markets including automotive, industrial, household, and consumer sectors. Nifco strategically targets growth in emerging markets, focusing on expanding its international sales which contributed around 40% of total sales in 2023, with a target to increase international revenue by 20% by 2025. Recent major changes include strategic investments and expansions aimed at enhancing production capacity and developing new business areas. In late 2022, Nifco announced a ¥3.5 billion investment to expand manufacturing capabilities in Southeast Asia, aiming for a 15% increase in output by the end of 2024. The company is intensifying product development for electric vehicles (EVs), with EV-related components expected to account for about 30% of revenue by 2025. Nifco has also entered partnerships to develop automation solutions for automotive maintenance and is diversifying product applications to home appliances, office equipment, fashion, and sports sectors. Operationally, the company continues to optimize its global network, including business transfers and exclusions of non-strategic subsidiaries. Nifco’s innovation-driven strategy leverages plastic technology to address evolving market needs, including electric and autonomous vehicle components, environmental regulation compliance, and solutions addressing labor shortages in various industries. This comprehensive approach supports Nifco’s position as a leading supplier of high-quality industrial plastics and related products worldwide. Overall, Nifco Inc. maintains a robust presence as a manufacturer of specialized plastic fasteners, dampers, buckles, and precision molded components, supported by ongoing investments in capacity expansion, strategic partnerships, and diversification beyond the automotive sector, with global operations and a vision for sustainable long-term growth.