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Nitta launches Phase 2 of Shift2030 Management Plan

on April 14, 2025 in Products

Belt, hose and tube manufacturer Nitta has launched Phase 2 of its medium- to long-term management plan Shift2030, covering fiscal years 2025–2027. The growth strategy, centered on manufacturing, focuses on strengthening existing businesses and exploring new ones, accelerating global expansion with North America and India as key markets, and aiming for consolidated sales exceeding 1 trillion yen ($6.54 billion), targeting...

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Rubber-related Companies Recognized for Excellent Health Management

on March 21, 2025 in Industry

The Excellent Corporation for Health Management certification system recognizes corporations, including large enterprises and small-to-medium businesses, that practice exemplary health management. It is divided into the Large-Scale Corporation Category and the Small-to-Medium-Scale Corporation Category, with top performers in the former category earning the additional White 500 designation. Moreover, the Health and Productivity Stock Selection is a program by the Ministry...

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Nitta Publishes 9M Results, Sees Higher Profits on Strong Semiconductor Business

on February 21, 2025 in Products

Nitta announced net sales of 66.85 billion yen ($438.74 million), up 0.3% year-on-year; operating income of 4.12 billion yen, up 7.5%; ordinary income of 11.09 billion yen, up 19.5%; and net income of 9.42 billion yen, up 23.4%, for the first nine months of the fiscal year ending March 31, 2025 By segment, the belt and rubber products business posted...

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Nitta Changes Name of Canadian Subsidiary

on January 22, 2025 in Products

Nitta on January 1 changed the company name of Connect Conveyor Belting (CCB), a consolidated subsidiary in Canada that processes and sells belts, to Nitta Corporation of Canada. Since its establishment in 1992, CCB has been providing services tailored to the specific needs of the region while utilizing its unique belt processing technology as a Canadian distributor for Nitta Corporation...

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Nitta Establishes New Company to Sell Maple Syrup

on December 16, 2024 in Products

Belt, hose and tube maker Nitta has established a new company, Wakutto Nitta Corporation, to plan, propose, and operate a new business utilizing the natural resources of Hokkaido, and will start selling “domestic maple syrup” next spring, taking advantage of the company’s forest holdings. The company owns a vast forest of approximately 6,700 hectares in the Tokachi region of Hokkaido....

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Nitta Inaugurates Second Plant in Thailand

on December 10, 2024 in Products

Nitta is constructing a second plant on the premises of its consolidated subsidiary Nitta Corporation [Thailand] (NCT), and held an inauguration ceremony on November 26. As part of the company’s shift to further globalization of the hose and tube products business in the medium-term management plan SHIFT2030, the group constructed a second plant on the premises of the NCT plant...

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