Nitta Corp. (TYO:5186) is expecting its belting division to report year-on-year sales growth of around 5–9 percent for the first half of fiscal 2018. The company’s NLG series of resin conveyor belts have recently been met with strong performance in the distribution sector as well as positive trends in the food sector, causing year-on-year sales growth percentage here to be...
Nitta Corp. (TYO:5186) has reported rising sales and profits for the first quarter of fiscal 2018. This puts the company on a solid start to achieving its medium-term management plan goal of generating 100 billion yen ($899.62 million) in sales for fiscal 2020. Sales for the quarter came out to 21.63 billion yen, growing 19.2 percent year-over-year. Operating profit increased...
Nitta Corp. (TYO:5186) plans to launch sales in September for a new series of heat-resistant pressure sensor sheets. The company sees these sheets as being used in measurement systems for surface pressure distribution. Made using a proprietary manufacturing method, the new sheets are able to function in high-temperature environments of up to 200 degrees Celsius. The series will be available...
Nitta Corp. (TYO:5186) President Motonobu Nitta has revealed Phase 3 of his company’s V2020 medium- to long-term management plan. Starting in fiscal 2018, Phase 3 is set to cover a three-year span ending in fiscal 2020. By this point, the plan aims to achieve annual sales of 100 billion yen ($913 million), up from 72.9 billion yen in fiscal 2017,...
Nitta Corp. (TYO:5186) has recently developed new technology to be applied as part of the company’s proprietary carbon nanotube (CNT) dispersion technology. The new technology improves flow, conductivity and film strength by taking elongated, isolated and dispersed CNTs and turning these into round cotton ball-like shapes. As it improves in usability, Nitta’s new technology is expected to find an expanded...
Sporting goods maker Yonex Co. Ltd. (TYO:7906) plans to manufacture tennis rackets with shafts that incorporate Namd prepreg, a carbon fiber prepreg made using Nitta Corp.’s (TYO:5186) proprietary Namd technology for carbon nanotube (CNT) dispersion and synthesis. The use of Namd prepreg in the shafts of VCore Pro tennis rackets is expected to provide a combination of strength, flexibility and...
