NITTOKU CO., LTD. (6145) Stock Price

NITTOKU is a comprehensive precision factory automation (FA) manufacturer that primarily operates in the automatic coil and motor winding machine business. Specifically, the company develops, manufactures, and sells FA equipment including winding and conveying systems for films and wires, as well as mechanical components and devices. Additionally, NITTOKU manufactures and sells contactless IC tags, cards, and card inlays.

NITTOKU's business is divided into two main segments. The first is the "Winding Systems & Mechatronics Business," which manufactures and sells coil winding machines, winding systems, and peripheral equipment used in electronic components, automobiles, and telecommunications equipment. This segment is NITTOKU's core business and operates through partnerships with affiliated companies worldwide.

The second segment is the "Contactless IC Tag and Card Business." This segment manufactures and sells IC cards and IC tags using embedded antenna winding and IC chip module interconnection technology. Through these offerings, NITTOKU provides products that meet diverse customer needs.

NITTOKU's affiliated companies are located across Asia, Europe, and North America, providing product manufacturing, sales, and maintenance services in each region. This global presence strengthens the company's competitive position in international markets.

NITTOKU is pursuing improved customer satisfaction and profitability based on its winding technology and production expertise. The company aims to become "a world-leading company that shines despite its size" through diverse talent recruitment and active investment in research and development. These efforts are designed to enhance product quality and production efficiency, thereby increasing enterprise value.

By 2028, NITTOKU targets revenue of 50 billion yen, EBITDA of 6.8 billion yen, ROE of 9.3%, and ROIC of 7.6%. Additionally, from 2026 onward, the company has set a consolidated dividend payout ratio of 40% or higher to strengthen shareholder returns. Through strengthening its technology and production foundation, the company aims to enhance its market presence and increase enterprise value.

As a medium to long-term growth strategy, NITTOKU is advancing a "satellite strategy" and "M&A strategy" to secure immediately productive talent and pursue business expansion through synergies. The company is also expanding its product lineup, including high-precision die bonders for the semiconductor industry and products for the battery sector, to strengthen competitiveness.

Domestically, NITTOKU is building strategic partnerships in battery manufacturing and automotive-related fields through a business alliance with Daiichi Jitsugyo Co., Ltd. Internationally, the company has established a new base in Vietnam to improve local services and expand sales activities, further enhancing its competitiveness in global markets.

NITTOKU is positioning itself to capture megatrends such as SDGs and decarbonization, aiming to become a company that contributes to the global environment and international society. The company is responding to demand for large-scale and cutting-edge equipment investments while working to realize a sustainable society and increase enterprise value.