Nitto Seiko

Basic Information

Stock Code
5957
Industry
Metal Products
Category Detail
Iron, Steel & Metal Products
Prefecture
Kyoto Prefecture
Establishment Year
February 1938
Listing Year
February 1968
Official Website
https://www.nittoseiko.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Atom Livintec, Sanko Techno, Takasago Iron, Powdertech, Japan Power Fastening, Wise Holdings, Kyowa Industrial, Piolax, Chuo Spring, Advanex, Teikoku Tsushin Kogyo, Kuroda Precision, Misumi Group

Overview

Nitto Seiko is a leading industrial fastener manufacturer founded in 1938, developing a wide range of precision screws and industrial machinery in-house and deploying them both domestically and internationally.

Current Situation

Nitto Seiko recorded consolidated sales of 34.8 billion yen and net assets of 29.6 billion yen in 2019, maintaining a stable financial base. Industrial fasteners, its mainstay, account for about 67% of total sales, with a wealth of supply track record to major automakers and home appliance manufacturers. The company is also focusing on industrial machinery and fluid measurement instruments, boasting technological superiority with its screw-tightening robot 'Neji Robo.' It manufactures a wide variety of screws in-house and can handle custom orders. It owns multiple factories in Ayabe City, maintaining a high-quality production system. It has sales offices and branches domestically and internationally, with production and sales in China, Taiwan, North America, and elsewhere. In recent years, it has accelerated overseas expansion through acquisitions such as an Indian bolt manufacturer. It is also committed to sustainability, focusing on labor-saving mechanical systems and improvements in precision screw technology. Going forward, it prioritizes expansion of automation equipment, global deployment, and promotion of environmentally friendly technologies as key strategies. It is strengthening technological innovation and response to diverse needs for growth from 2025 onward.

Trivia

Interesting Facts

  • Originally manufactured X-ray timers at its founding in 1938.
  • One of the first companies in Japan to manufacture and sell SCARA-type robots.
  • Manufactures screws for Nintendo DS and Wii U consoles.
  • All factories consolidated in Ayabe City for efficient production system.
  • Capable of multi-variety high-precision screw production using in-house machines.
  • Technological capability to handle custom-made non-JIS standard screws.
  • Multinational operations with production and sales from Asia to North America.
  • Water meter manufacturing, origin of fluid meters, started in 1949.
  • Screw-tightening specialized robot 'Neji Robo' is a flagship product.
  • Developed microbubble cleaning device for reducing environmental impact.
  • Kyoto Bank is a major transaction bank for Nitto Seiko.
  • Also belongs to the production machinery and electrical machinery category.
  • Provides products with teach playback functionality in industrial robot field.
  • Has extensive sales offices and subsidiaries domestically and internationally.
  • Boasts diversity with tens of thousands of screw types.

Hidden Connections

  • Screw manufacturing for Nintendo is essential for high-precision game console assembly.
  • Supplies many screws used in Panasonic products, building close ties with the home appliance industry.
  • Long-term transaction relationships with automakers like Toyota through high-quality screw technology.
  • As a major company in Ayabe Industrial Park, has significant impact on local economy.
  • In-house screw-tightening machines contribute to improved assembly efficiency in automotive industry.
  • Fluid measurement technology forms basis for collaboration with environmental companies.
  • Product lineup responding to automation needs across diverse industries is a strength.
  • Accelerating global expansion through collaboration with overseas bases.

Future Outlook

Growth Drivers

  • Increased demand for high-precision fasteners due to electrification of automotive industry.
  • Growth in industrial robot market and expanding automation needs.
  • Emerging market development through strengthened global expansion.
  • Advanced manufacturing processes via IoT and AI utilization.
  • Development and普及 of products compliant with environmental regulations.
  • Expansion of special screws for niche markets.
  • Revenue growth from increased custom-made product demand.
  • Promotion of logistics and supply chain efficiency.
  • Integrated development of labor-saving systems and robot technology.
  • Improved product quality compliant with international standards.

Strategic Goals

  • Expand overseas sales ratio to over 40%.
  • Environmentally low-impact products to over 30% of all products.
  • Increase industrial robot-related sales to 20% of total.
  • Realize smart factories utilizing AI and IoT technology.
  • Make over 70% of product lineup対応 to multi-variety small-lot production.
  • Improve brand recognition in global markets.
  • Build sustainable manufacturing processes and obtain certifications.
  • Continuous 5% annual sales growth through new customer acquisition.
  • Increase patent acquisitions and strengthen technological competitiveness.
  • Expand CSR activities in collaboration with local community.

Business Segments

Screw Manufacturing for Automotive Industry

Overview
Provides high-quality screws and tightening machines for the automotive industry.
Competitiveness
Capability to handle diverse custom screws
Customers
  • Toyota
  • Nissan
  • Honda
  • Automotive Parts Manufacturers
Products
  • High-Strength Bolts
  • Precision Screws
  • Special Screws
  • Screw Tightening Machines

Fasteners for Home Appliance Manufacturers

Overview
Supplies precision fasteners and industrial machinery suitable for home appliance assembly.
Competitiveness
High-precision screw manufacturing technology and automation equipment technology
Customers
  • Panasonic
  • Sony
  • Sharp
  • Lighting Manufacturers
Products
  • Precision Small Screws
  • Pressed Parts
  • Assembly Robots

Industrial Machinery and Labor-Saving Systems

Overview
Provides robots and machinery to achieve factory labor savings and automation.
Competitiveness
In-house robots specialized in screw tightening
Customers
  • General Manufacturing
  • Automation Equipment Users
  • Assembly Factories
Products
  • Screw Tightening Robots
  • Automatic Assembly Devices
  • Labor-Saving Systems

Fluid Meter Manufacturing

Overview
Specializes in manufacturing measurement equipment for water supply and ground surveys.
Competitiveness
Accumulated fluid measurement technology and reliability over many years
Customers
  • Water Utilities
  • Construction Companies
  • Civil Engineering Survey Companies
  • Environmental Testing Organizations
Products
  • Water Meters
  • Soil Strength Meters
  • Flow Monitoring Devices

Parts Inspection Equipment Provision

Overview
Provides automatic inspection equipment to support quality control.
Competitiveness
Precision inspection technology integrated with automation
Customers
  • Precision Manufacturing
  • Electronics Assembly
  • Automated Factories
Products
  • Small Parts Inspection Devices
  • Optical Inspection Systems

Tool Sales and Cutting Tool Manufacturing

Overview
Widely sells tools necessary for screw processing.
Competitiveness
Expertise in tools and comprehensive supply system
Customers
  • Manufacturing Industry
  • Metal Processors
Products
  • Cutting Tools
  • Screw Manufacturing Tools

Competitive Advantage

Strengths

  • In-house integrated production of diverse screw manufacturing lines
  • Excellence in screw-tightening robot technology
  • Precision technology capable of custom orders
  • Sales and production bases expanding domestically and internationally
  • Composite proposal capabilities with industrial machinery
  • Long years of manufacturing know-how and high-quality brand
  • Transaction track record with major automakers and home appliance manufacturers
  • Continuous investment system in technology development
  • High product diversity and non-standard対応 capability
  • Comprehensive labor-saving solution provision

Competitive Advantages

  • Excellent cost and quality control through in-house development of manufacturing machinery
  • Expertise and advancement in industrial robot technology
  • Customization capabilities to meet diverse customer needs
  • Efficient production via concentrated factories in Ayabe City
  • Strong customer base and numerous major clients
  • Global production deployment utilizing overseas subsidiaries
  • Differentiation through bundled proposals of labor-saving machinery and fasteners
  • Establishment in niche markets with advanced fluid measurement technology
  • Recognition and trust in the domestic industrial machinery market
  • Improved production efficiency through ongoing equipment investment

Threats

  • Risk of fluctuations in global raw material prices
  • Intense price competition with competitors
  • Risk of lagging behind rapid technological innovation pace
  • Political and economic instability in overseas markets
  • Impact on earnings from exchange rate fluctuations
  • Market share pressure from new entrants
  • Cost increases due to strengthened environmental regulations
  • Demand slump from slowdown in customer capital investment
  • Natural disaster risks to domestic production bases
  • Supply chain vulnerabilities in parts procurement
  • Intensifying patent competition for new technologies

Innovations

2024: Acquisition of Indian Bolt Manufacturing Company

Overview
Acquired a bolt manufacturing company to expand in the Indian market and strengthen production base.
Impact
Acceleration of overseas sales growth and local market development

2023: Development of Improved Screw-Tightening Robot

Overview
Achieved higher work accuracy and speed with AI-equipped screw robot.
Impact
20% improvement in production efficiency and reduced failure rate

2022: Development of High-Sensitivity Fluid Measurement Model

Overview
Introduced new energy-saving flowmeter model considering environmental impact.
Impact
Improved market evaluation and increased new orders

2021: Introduction of Advanced Custom Screw Manufacturing Equipment

Overview
Introduced flexible production equipment enabling multi-variety small-lot production.
Impact
Shortened production lead time and improved customer satisfaction

2020: Technological Innovation in Microbubble Cleaning Device

Overview
Commercialized new technology improving cleaning efficiency by over 30%.
Impact
Reduced environmental impact and cost-saving effects

Sustainability

  • Improved factory wastewater recycling rate (over 90%)
  • CO2 reduction through energy-saving equipment investment
  • Active adoption of environmentally friendly materials
  • Participation in local environmental conservation activities
  • Continuous improvement of waste recycling rate
  • Implementation of employee environmental education programs
  • Improved energy efficiency in manufacturing processes
  • Promotion of plastic reduction in packaging materials
  • Introduction of environmental management system
  • Environmental audits in the supply chain