Nichias Corporation
3,299.00
JPY
-137.00
(-3.99%)
Nichias Corporation
TSE:5393
(Tokyo Stock Exchange)
Recent
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3,299.00
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- -
ROIC.AI
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- Business
- Nichias Corporation (5393.T), founded in 1896 and headquartered in Tokyo, Japan, manufactures and sells thermal insulation, sealing, and protection materials across five main segments including energy and industrial plants; industrial products; advanced products; automotive parts; and building materials. The company provides thermal, cryogenic insulation, refractory materials, soundproofing, sealing gaskets, packing, inorganic fiber insulation, fluororesin products, and filter products for plants in electric power, oil refining, petrochemical, steel, and waste incineration industries; fluororesin parts, honeycomb filters, and sealing for semiconductor and flat panel display equipment; cylinder head gaskets, thermal insulation parts, soundproofing, and vibration control components for automobiles; non-combustible calcium silicate boards, rock wool insulation, fireproofing coverings, and raised access floors for office buildings, hospitals, factories, residences, and warehouses; as well as furniture sliding materials, slide bearings, friction materials, expansion joints, and dehumidifying rotors. Nichias operates globally with subsidiaries and facilities in countries including Indonesia, China, Vietnam, Malaysia, Singapore, India, Czech Republic, and Thailand, primarily serving key industries such as energy, chemicals, electronics, automotive, and construction. Recent developments include revising the NICHIAS Group Carbon-Neutral Declaration in 2024 to advance sustainability efforts; establishing the Declaration of Partnership Building and Multi-Stakeholder Policy in 2023 to strengthen collaborations; transferring to the Prime Market of the Tokyo Stock Exchange in 2022; and ongoing investments in research facilities such as joining the NanoTerasu synchrotron radiation project in 2024 for materials analysis and expanding production capacities at factories including new buildings at Ohji Factory and Hamamatsu Research Laboratory.