Nitta announced a 1.3% year-on-year increase in net sales to 44.36 billion yen ($288.40 million), a 1.5% increase in operating income to 2.56 billion yen, a 16.5% increase in ordinary income to 7.25 billion yen, and a 16.3% increase in net income to 5.83 billion yen for the first half (April-September) of the fiscal year ending March 31, 2025. Sales...
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Nitta Says Sales in Food Field Strongest in First Half
Nitta’s sales of plastic belts in the first half of the fiscal year ending March 31, 2025 (April-September) are expected to increase in the high single digits year-on-year, largely in line with plans. Sales in the food field have been the strongest, with growth in sales to convenience stores for onigiri rice balls, prepared foods, and other snack foods, as...
Nitta Moore Moves Korean Plant
Nitta’s consolidated subsidiary Korea Nitta Moore relocated and expanded its plant in Gumi, Korea, and began operations at the new plant on October 1. The investment was 23 billion won ($17.1 million). With a land area of 30,312 square meters and building area of 21,705 square meters, the new plant is 2.3 times larger than the old one. Air pollution...

Nitta Says Semiconductor Manufacturing Equipment Drives Tubes and Fittings
Nitta’s Moore Division’s first quarter (April-June) financial results showed sales were flat year-on-year and operating profit increased. In the general industrial business, sales increased year-on-year. Sales of tubing and fittings, which are components of semiconductor manufacturing equipment, improved as customers began to place orders for such equipment. “The semiconductor manufacturing equipment production started in the second half of the previous...
Nitta Sales Stable, Profits Down: First Quarter Results
Nitta posted sales of 21.63 billion yen ($148.14 million), down 0.4% year-on-year, operating profit of 1.16 billion yen, down 9.2%, ordinary profit of 3.60 billion yen, up 18.7%, and net profit of 3.02 billion yen, down 20.5% in the first quarter (April-June 2024) of the fiscal year ending March 2025. By segment, the belt and rubber products business posted sales...
Nitta to Merge Two Subsidiaries
Nitta will merge its wholly owned subsidiary Nitta Air Solutions as the surviving company and Morimitsu, also a wholly owned subsidiary, as the dissolving company, effective October 1. The surviving company, Nitta Air Solutions, was established on November 16, 1960. The company is engaged in sales of air filtration materials and dust collectors, pipe installation, real estate maintenance and management,...