
Nitta Corporation reports Q2 net sales of ¥44.1 billion

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Nitta Corporation reported Q2 FY2025 net sales of ¥44.1 billion, down 0.5% year-on-year. Gross profit rose 4.0% to ¥12.4 billion, while operating income increased by 0.7% to ¥2.6 billion. Ordinary income fell 11.1% to ¥6.4 billion, and net income attributable to owners decreased by 6.0% to ¥5.5 billion. Segment performance showed stable sales in belts and hoses, but a decline in chemical products and other industrial goods. The semiconductor sector performed well, but automotive sales struggled, particularly in China.
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