Nitto Boseki Co Ltd - Company Profile
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Nitto Boseki Co Ltd (Nittobo) is a manufacturer and supplier of glass fiber products. Its portfolio of products includes glass fiber yarn, glass wool insulation and glass fabric. The company offers its glass fiber products to airports, wind generators and households. It manufactures textile products, chemicals, beverages, and medical products. The company manufactures and sells glass wool as a residential heat-insulating material for industrial applications and glass fiber in the form of glass cloth and braided glass cloth for industrial and construction materials. It also manufactures and sells apparatus, machinery and other devices, and soft drinks. The company has operational presence in North America, Japan, and Asia. Nittobo is headquartered in Chiyoda, Tokyo, Japan
Headquarters
Japan
Address
Kojimachi Odori Bldg., 2-4-1, Koji-Machi, Chiyoda-Ku, Tokyo, 102-8489
Website
www.nittobo.co.jp
Telephone
81 3 45825111
No of Employees
2,631
Industry
Construction
Ticker Symbol & Exchange
3110 (TYO)
Revenue (2022)
$646.6M
4.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-57.5%
(2022 vs 2021)
Market Cap*
$1.3B
Net Profit Margin (2022)
XYZ
-59.2%
(2022 vs 2021)
* As of and is in US$
Nitto Boseki Co Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Products | Services | Core Spun Yarn |
| Glass Fiber Products | Environmental Business Services | Dan Reine |
| Glass Fabric | Property Management | Core Filament Yarn (CFY) |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In January, Nittobo Advantex Co., Ltd and Bioworks Co., Ltd jointly developed the industry's first biodegradable double dot adhesive interlining. |
| 2023 | Plans/Strategy | In October, the company announced its plans to launch a solar power generation system using an on-site PPA model. |
| 2022 | Divestiture | In November, the company announced its plans to dissolve its subsidiary, Nittobo Macau Glass Weaving Co., Ltd. |
Competitor Comparison
| Key Parameters | Nitto Boseki Co Ltd | Compagnie de Saint-Gobain | Nippon Sheet Glass Co Ltd | Chori Co Ltd | POLA Orbis Holdings Inc |
|---|---|---|---|---|---|
| Headquarters | Japan | France | Japan | Japan | Japan |
| City | Chiyoda-Ku | Courbevoie | Minato-Ku | Minato-Ku | Chuo-Ku |
| State/Province | Tokyo | Centre | Tokyo | Tokyo | Tokyo |
| No. of Employees | 2,631 | 159,145 | 24,880 | 1,285 | 4,046 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Yuichi Tsuji | Chief Executive Officer; Director | Executive Board | 2016 | 63 |
| Kazuhiko Igarashi | Director; Managing Executive Officer | Executive Board | 2022 | 58 |
| Hiroyuki Tada | Senior Managing Executive Officer | Senior Management | - | 61 |
| Tatsuo Sakae | Managing Executive Officer | Senior Management | - | - |
| Hisanobu Hayashi | Managing Executive Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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