Source disclosure: January 20, 2026
Nitta Corporation [5186.T]
TOKYO, Jan 20 (Pulse News Wire) – Nitta Corporation (5186.T) announced today that its board of directors has approved the establishment of a new subsidiary in Changzhou, Jiangsu Province, China, focusing on the processing and sales of semiconductor grinding products. The move aims to strengthen supply capabilities and reduce lead times in the growing Chinese semiconductor market.
The new entity, tentatively named NITTA Advanced Materials Technology (Changzhou) Co., Ltd., will have a capital of $5 million. It is scheduled to be established in April 2026 and will operate as a wholly-owned subsidiary of Nitta Corporation, with a planned equity ratio of 100%. Additionally, a director from Nitta Corporation will serve as chairman of the new subsidiary.
This initiative aligns with Nitta's long-term strategic plan, SHIFT2030, aimed at enhancing global competitiveness in the semiconductor sector through collaboration with related companies. The impact on Nitta’s consolidated performance for the fiscal year ending March 2026 is expected to be minor at this stage. Any significant developments will be disclosed promptly.
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