Komori
Other Disclosures6651NITTO KOGYO CORPORATIONElectrical Equipment and Precision Instruments

Notice of Price Revision

NITTO KOGYO CORPORATION decided at a Board of Directors meeting to raise selling prices for multiple product groups effective 5 April 2027. The increase will be approximately 2% to 30%, depending on the product group, with detailed prices to be announced in the comprehensive catalogue scheduled for publication in March 2027.

Worth reading
51Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
30
% (maximum increase for standard control panels)
Wording
Conditional
How definitive the wording is.

Announced details

Plastic boxesBreakers, switches and terminal blocksResidential distribution boardsStandard distribution boardsStandard control panelsSome rack options (power supply subracks only)
Launch date5 April 2027 (scheduled; price revision effective date)
Contract Date28 September 2026 (Board of Directors resolution)
Offering price

Effective 5 April 2027, prices will be revised as follows: plastic boxes, approximately 10%; breakers, switches and terminal blocks, approximately 15%; residential distribution boards, approximately 10%; standard distribution boards, approximately 2% to 8%; standard control panels, approximately 30%; and some rack options (power supply subracks only), approximately 3%. The increase varies by product.

Impact on Business Performance

The impact is scheduled to be reflected in the consolidated and non-consolidated earnings forecasts for the fiscal year ending March 2028, scheduled to be announced in May 2027, after assessing demand trends and other factors.

The company does not address Contract Value.

Announced details
ItemDetails
Names of Products / Services CoveredPlastic boxes, Breakers, switches and terminal blocks, Residential distribution boards, Standard distribution boards, Standard control panels, Some rack options (power supply subracks only)
Offering priceEffective 5 April 2027, prices will be revised as follows: plastic boxes, approximately 10%; breakers, switches and terminal blocks, approximately 15%; residential distribution boards, approximately 10%; standard distribution boards, approximately 2% to 8%; standard control panels, approximately 30%; and some rack options (power supply subracks only), approximately 3%. The increase varies by product.
Contract Date28 September 2026 (Board of Directors resolution)
Launch date5 April 2027 (scheduled; price revision effective date)
Impact on Business PerformanceThe impact is scheduled to be reflected in the consolidated and non-consolidated earnings forecasts for the fiscal year ending March 2028, scheduled to be announced in May 2027, after assessing demand trends and other factors.
Items this document does not state (13)
CounterpartyCounterparty overviewRelationship with the CompanyContract ValueApplicable areaAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationLocation scaleQuantitative EffectsUsage historySource

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Prices for major raw materials and purchased equipment have continued to rise due to overseas developments, making it difficult to absorb higher costs through productivity gains and improvements in operational efficiency alone.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice of Price Revision | NITTO KOGYO CORPORATION (6651) timely disclosure | Komori