nichiden corporation (9902) Stock Price

Nichiden's primary business is the sales of mechanical equipment and related products, including power transmission equipment, industrial machinery, and control equipment. In addition to this, Nichiden operates diverse businesses through multiple subsidiaries.

Okazaki Machinery Co., Ltd. sells industrial equipment such as woodworking machinery. Nichiden International Trade (Shanghai) Co., Ltd. handles the sales of power transmission equipment. NPA System Co., Ltd. designs and manufactures hydraulic systems.

Aperza Co., Ltd. provides an online platform for the manufacturing industry. Kuukan Seijobu Lab. Co., Ltd. manufactures and sells sterilization and deodorization devices. Procubay Net Co., Ltd. operates an electronic procurement portal site.

Additionally, NICHIDEN TRADING (Thailand) Co., Ltd., NICHIDEN (Thailand) Co., Ltd., NICHIDEN VIET NAM CO., LTD, and NICHIDEN USA Corporation are engaged in the sales of power transmission equipment. Through these subsidiaries, Nichiden operates its business on a global scale.

Nittaden is founded on the principle of integrity and builds trust with stakeholders through sound management practices. The company aims to anticipate industry needs and contribute to society by advancing manufacturing capabilities, improving operational efficiency, and enhancing safety.

The company pursues independent growth unaffected by economic cycles, prioritizing productivity and efficiency. Specific targets include an operating profit margin of 5.0% or higher and operating profit per employee of 7 million yen or more.

Nittaden has established its medium-term management plan "New Dedication2026" for fiscal years 2024 through 2026. The plan positions contributing to the future of manufacturing as the company's purpose and pursues growth incorporating sustainability perspectives.

The company has identified market strategy and corporate strategy as key initiatives. Market strategy focuses on strengthening partnerships, expanding business in growth markets, and addressing social and environmental challenges.

Corporate strategy emphasizes sustainability management, human capital strategy, investment and financial strategy, operational reform and digital transformation, and business continuity planning. Through these efforts, the company aims to become an indispensable enterprise for the future.