Toyo Tire Corp. (TYO:5105) and Nitta Corp. (TYO:5186) recently announced that they have agreed to transfer the Toyo Tire Group’s business for truck and bus air springs to the Nitta Group. Plans are for a June 30 transfer of this business, which in fiscal 2018 generated approximately 2 billion yen ($18.2 million) in sales revenue. The companies have not yet...
Nitta Corp. (TYO:5186) has launched a new series of products for measuring and mapping the distribution of body pressure on a given surface. Sales for this series began at the end of October. In recent years, it has become common practice in the nursing and medical care sectors to change a patient’s posture once every two hours, helping to prevent...
Nitta Corp. (TYO:5186) recently posted its results for fiscal 2018, revealing a total of 89.17 billion yen in annual sales – up by 22.2 percent year-on-year. On the profit side of the equation, the company made 5.66 billion yen in operating income, up 16.4 percent year-on-year; 11.47 billion yen in ordinary income, down 0.3 percent; and 8.97 billion yen in...
Nitta Corp. (TYO:5186), a major manufacturer of industrial-use rubber and resin products, celebrated its 134th anniversary on March 18 with ceremonies at its Osaka Head Office and its Nara Plant. Speaking on the day, President Motonobu Nitta said that his company has sought to create new value by expanding its range of operations outside of the existing Nitta family business...
Nitta Corp. (TYO:5186) recently announced that its Mexican subsidiary, Nitta Moore Mexico S. de R.L. de C.V. (NMM), held a ceremony on Feb. 19 to mark the end of construction for the third phase of a plant expansion project. The ceremony was attended by a number of San Luis Potosi state and city officials, including business council executive Gabriela Rivera...
Nitta Corp. (TYO:5186) is set to begin accepting orders this March for its new SOFTmatics robotic hand. In developing the SOFTmatics, the major industrial rubber products manufacturer looked to bring about a new robotic hand that is able to directly grip foods of unusual shape and other such characteristics – a task that has proven difficult for conventional robotic hands....
