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The latest update is out from Nitta ( (JP:5186) ).
Nitta Corporation will establish a wholly owned subsidiary, NITTA ADVANCED MATERIALS TECHNOLOGY (CHANGZHOU) CO., LTD., in Xinbei District, Changzhou City, Jiangsu Province, China, in April 2026 to process and sell semiconductor polishing products. With USD 5 million in capital and led by a Nitta director serving concurrently as chairman, the new unit is designed to secure a stable local supply chain, shorten lead times, and respond more quickly to Chinese semiconductor customers, supporting Nitta’s competitiveness in the global semiconductor market and advancing its SHIFT2030 strategy, while having only a minimal near‑term impact on earnings.
More about Nitta
Nitta Corporation, listed on the Tokyo Stock Exchange Prime Market under code 5186, operates in industrial materials and related technologies, with affiliated companies producing semiconductor polishing products. The company is increasingly focused on the global semiconductor supply chain, particularly the fast‑growing Chinese market, as part of its medium‑ to long‑term management plan “SHIFT2030.”
Average Trading Volume: 25,120
Current Market Cap: Yen118.6B
Learn more about 5186 stock on TipRanks’ Stock Analysis page.