NITTO SEIKO CO.,LTD. (5957) Stock Price

Nitto Seiko operates four business segments: industrial fasteners, industrial machinery, measurement and control equipment, and medical devices. Through manufacturing and sales both domestically and internationally, these businesses serve diverse market needs.

The fastener business manufactures and sells precision screw components and specialized cold-formed parts. The company handles all processes from design to packaging and supplies markets both domestically and internationally. With numerous affiliated companies at home and abroad, it manufactures and sells industrial fasteners and related tools.

The industrial machinery business manufactures and sells automatic screw fastening machines, automatic riveting machines, conveyor systems, and various robots. This supports automation and increased efficiency in assembly factories. The company has established sales systems domestically and internationally, operating on a global scale.

The measurement and control business manufactures and sells flow meters, inspection equipment using image sensors, ground survey equipment, and microbubble cleaning systems. The company also provides technical services and application development both domestically and internationally, offering products that leverage its precision machining technology.

The medical devices business manufactures and sells medical lighting equipment, drawing on its expertise in medical screws. In this field as well, Nitto Seiko applies its technological capabilities.

Nitto Seiko's long-term management vision is to become "a true global manufacturer in fastening, assembly, and measurement inspection." Under this vision, the company provides fastening solutions by integrating technologies in industrial fasteners, automated assembly machinery, and measurement control equipment. The company prioritizes compliance and environmental protection while pursuing sustainable growth.

In 2019, the company established a 10-year vision to become "a manufacturing solutions group recognized and sought after worldwide." Beginning in fiscal 2023, the company launched a three-year medium-term management plan titled "Mission G-second," aiming to achieve business growth and establish a stable operational foundation. This plan pursues four growth strategies to expand business operations and enhance group synergies.

By 2025, the company targets revenue of 60,000 million yen, operating profit of 5,160 million yen, ROIC of 8% or higher, and ROE of 9% or higher. These targets will enable sustainable growth and enhance value for stakeholders. In particular, the business expansion strategy focuses on expanding operations in the Indian market and developing automotive-related products.

As an environmental strategy, the company is reducing CO₂ emissions and aims to achieve carbon neutrality by 2050. The company is advancing solar power generation and energy efficiency improvements, and has begun joint research on solvent recycling equipment. These efforts secure new revenue sources while developing technologies that reduce environmental impact.

The human resources strategy focuses on creating a comfortable workplace environment. The company aims to improve labor productivity and engagement scores through business process reviews and IT system implementation. By respecting employee input and providing career development opportunities, the company strengthens overall competitiveness.

The financial strategy emphasizes ROIC as a key metric and implements capital cost management rigorously. The company reviews capital allocation and improves profitability of new businesses while optimizing capital deployment. The company strengthens the provision of high-value-added products and services, building a highly profitable business portfolio.