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Nitta ( (JP:5186) ) has shared an update.
Nitta Corporation announced a change in its executive leadership with Seiichi Kitamura appointed as the new President effective April 1, 2025. This leadership change is aligned with the company’s 140th anniversary and the transition to Phase 2 of its ‘SHIFT 2030’ medium- to long-term management plan, aimed at strengthening its management foundation and driving future growth. Additionally, changes in the Audit & Supervisory Board will be proposed at the upcoming Annual General Meeting in June 2025.
More about Nitta
Nitta Corporation operates within the industrial sector, focusing on the production of conveyor belts, power transmission belts, and other industrial products. The company is listed on the Prime Market of the Tokyo Stock Exchange and aims to enhance its management foundation as it transitions into the next phase of its long-term management plan.
Learn more about 5186 stock on TipRanks’ Stock Analysis page.