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Nitta (5186) · InitiativeFirst stated

Closure of Changzhou Nitta Moore Ito Metal Co., Ltd.

First written in FY2026. . Latest entry: FY2026.

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Closure of a Chinese metal subsidiary in ChangzhouA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2026First statedAnnual report

    「In addition, procedures are under way to close Changzhou Nitta Muar Ito Metal Co., Ltd., a joint venture that manufactures fitting products in Changzhou, China, in response to declining demand in China, and the Company has recorded losses associated with the closure.」

    It can be confirmed for the first time as a standalone topic that procedures are under way to close Changzhou Nitta Muar Ito Metal Co., Ltd. due to declining demand in China and that losses associated with the closure have been recorded.
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Nitta's next results are scheduled for 2026-11-06. Read the earnings preview
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Closure of Changzhou Nitta Moore Ito Metal Co., Ltd. | Nitta Corporation (5186) | Komori