- CEO
- Shunji Sakai
- Full Time Employees
- 309
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- 2-1-11 Showa-machi Tokyo TY Japan 114-8520
- IPO Date
- Dec 14, 1999
- Business
- Naito & Co., Ltd. (7624:JP) operates as a specialized trading company focused on supplying cutting tools, measurement equipment, industrial devices, and machine tools to manufacturing industries primarily in Japan, with additional overseas operations through three international offices. The company offers an extensive range of cutting tools including carbide tools, special steel tools, abrasives, and diamond tools; measurement products encompassing 3D measuring machines, optical measurement devices, torque machines, vernier calipers, micrometers, dial gauges, and sensors; industrial devices such as tooling, pneumatic and hydraulic equipment, compressors, safety supplies, conveyors, vises, clamps, and environmental improvement items; and mechanical tools comprising lathes, milling machines, machining centers, grinding machines, electric discharge machines, robots, and CAD/CAM systems under its original NR brand. Founded in December 1945 and formally established in January 1953, Naito & Co., Ltd. is headquartered at the 3rd floor, Nisshin Ueno Building, 5-1-5 Higashiueno, Taito-ku, Tokyo, Japan, maintaining 31 domestic offices and serving approximately 2,000 customers from around 800 suppliers with a workforce of 319 employees. As of fiscal year-end February 2025, the company reports consolidated revenue of JPY 43.77 billion and employs specialized capabilities to bridge manufacturers and end-users in supporting Japan's manufacturing sector, where it holds the top market share in cutting tools distribution. Recent developments include steady organic growth evidenced by a 36.6% year-on-year increase in operating profit to JPY 582 million in the latest quarterly results, alongside a dividend yield rise to 3.20% for fiscal 2024 with a payout ratio of 69.76%, reflecting sustained financial stability amid consistent asset expansion into 2025; no major acquisitions, partnerships, or strategic shifts reported in the past 1-2 years.