NITTO KOGYO Corporation
TTSE:66514,225.00
JPY
-45.00
(-1.05%)
ISIN
JP3682400001
Return %
Stock
S&P 500
1Y
18.85
14.20
3Y
22.29
81.12
5Y
150.00
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
•
in mil. unless spec.Quarterly Revenue
JPY
•
in mil. unless spec.Quarterly Earnings Per Share
JPY
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in mil. unless spec.Quarterly Dividends Per Share
JPY
•
in mil. unless spec.Company Description
- CEO
- Tokio Kato
- Full Time Employees
- 5,358
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- 2201 Kanihara Nagakute AI Japan 480-1189
- IPO Date
- Jan 13, 1981
- Website
- nito.co.jp
- Similar Companies
- Business
- Nitto Kogyo Corporation Nitto Kogyo Corporation (6651.T) manufactures and sells electric and mechanical equipment worldwide, primarily focusing on switchboard-related products, information and communication equipment distribution, and electronic components; its core offerings include high-voltage power receiving equipment, standard panel boards, control and home panel boards, EV/PHEV charging stations, optical junction boxes, metal and plastic enclosures, system racks, breakers, switches, terminal blocks, thermal management products such as ventilation fans, filters and cooling devices, panel parts like bus bars and inspection windows, splice boxes for fiber-optic cables, and distribution board parts for exterior, interior, machinery peripheral, wiring, voltage and electromagnetic compatibility applications, alongside power generation and sales business. The company operates through three main segments: electrical and telecommunications infrastructure-related manufacturing, construction and services involving design, production and installation of distribution and control panels; distribution of information communication equipment and parts; and electronic parts manufacturing encompassing electromagnetic wave environment components and precision engineering components. Founded in 1948 and headquartered in Nagakute-shi, Aichi, Japan, Nitto Kogyo maintains 45 sales offices across Japan including Tokyo, Saitama, Sendai, Nagoya, Osaka and Fukuoka, plus production bases such as Seto Plant, Kikugawa Plant, Iwata Plant, Kakegawa Plant, Nakatsugawa Plant, Karatsu Plant, Hanamaki Plant and Tochigi Nogi Plant, with overseas operations through subsidiaries like NITTO KOGYO BM (Thailand), Gathergates Group and activities in ASEAN, China and Europe targeting industries such as semiconductors, data centers, logistics-warehousing, renewable energy, automotive and industrial equipment. Recent developments include the consolidation of Tempearl Industrial Co., Ltd. and EM Solutions Co., Ltd. as subsidiaries contributing to record-high first-half sales of 82 billion JPY for the period ending March 2025, alongside a gain on bargain purchase of approximately 2.4 billion JPY; third price revisions from April 2024 on enclosures, system racks and panel accessories boosting profits by an estimated 2.1 billion JPY annually; full operation of the Seto Plant with Smart Order system for automated high-mix low-volume production of enclosures; construction of a new 4 billion JPY short-circuit testing facility set for spring 2027 to enhance product development, DC interruption technologies and microgrid initiatives; expansion into self-consumption storage battery systems using reused EV batteries for solar facilities, solar carports and energy management systems; revised full-year forecast to 178 billion JPY in sales and 12 billion JPY in operating income with record net profit of 10 billion JPY; updated dividend policy targeting 50% payout ratio and 4.0% DOE lower limit, raising year-end dividend to 68 JPY for total 132 JPY; and advancement under the 2026 Mid-Term Management Plan aiming for 200 billion JPY sales, 15 billion JPY operating income, 9.0% ROE and 10% overseas sales ratio by March 2027 through business evolution in core, strategic and future areas including EMC products, corrosion sensors and renewable energy solutions. With consolidated employees at 5,338 as of March 2025 and fiscal year sales reaching 184 billion JPY, the company supports societal infrastructure reliability amid IoT, AI and energy transitions via standard, custom-made products and one-stop services.