Nitta Corporation

Equities

5186

JP3679850002

Industrial Machinery & Equipment

Delayed Japan Exchange Other stock markets 02:00:00 2024-04-26 am EDT			5-day change	1st Jan Change
3,980 ^JPY	+1.66%		+3.38%	+8.30%

2023	Nitta Raises Dividend Forecast for Fiscal Year Ending March 2024	MT
2023	Nitta Corporation Announces Dividend for the Second Quarter of Fiscal Year Ending March 31, 2024, Payable on December 5, 2023 and Dividend Guidance for the Year Ending March 31, 2024	CI

Nitta Corporation Announces Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 28, 2023; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024

May 12, 2023 at 02:00 am EDT

Nitta Corporation announced dividend of JPY 60.00 per share for the fiscal year ended March 31, 2022 against JPY 65.00 per share paid a year ago. Scheduled date to commence dividend payments is June 28, 2023.

The company expects to pay dividend of JPY 55.00 per share for the fiscal year ending March 31, 2024 against JPY 60.00 per share a year ago.

Latest news about Nitta Corporation

Nitta Raises Dividend Forecast for Fiscal Year Ending March 2024	Nov. 14	MT
Nitta Corporation Announces Dividend for the Second Quarter of Fiscal Year Ending March 31, 2024, Payable on December 5, 2023 and Dividend Guidance for the Year Ending March 31, 2024	Nov. 02	CI
Nitta Gelatin India Reports Accident at Factory in Kakinada, India	23-09-20	MT
Crisil Keeps A- Rating on Nitta Gelatin India's Bank Loans; Revises Outlook to Positive	23-09-05	MT
Nitta Corporation Provides Consolidated Earnings Guidance for the Half Year and Full Year of Fiscal Year Ending March 31, 2024	23-08-04	CI
Nitta Corporation Provides Year End Dividend Guidance for the Year Ending March 31, 2024	23-08-04	CI
Nitta Corporation Provides Dividend Guidance for the Second Quarter of Fiscal Year Ending March 31, 2024	23-08-04	CI
Nitta Announces Voting Results	23-06-27	CI
Nitta Gelatin India's Managing Director Resigns	23-05-19	MT
Nitta Corporation Reports Earnings Results for the Full Year Ended March 31, 2023	23-05-12	CI
Nitta Corporation Provides Consolidated Earning Guidance for the First Half of Fiscal Year Ending September 30, 2022 and Full Fiscal Year Ending March 31, 2024	23-05-12	CI
Nitta Corporation Provides Dividend Guidance for the Second Quarter of Fiscal Year Ending March 31, 2024	23-05-12	CI
Nitta Corporation Announces Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 28, 2023; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024	23-05-12	CI
Nitta Opposes Proposal by Dalton Investments	23-05-12	CI
Nitta Corporation Revises the Year-End Dividend Forecast for the Fiscal Year Ending March 31, 2023	23-05-08	CI
Nitta Corporation Revises Consolidated Earnings Guidance for the Year 2023	23-05-08	CI
Nitta Closes Share Buyback Program	23-04-12	MT
Tranche Update on Nitta Corporation's Equity Buyback Plan announced on February 3, 2023.	23-04-11	CI
Nitta Corporation's Equity Buyback announced on February 3, 2023, has closed with 250,000 shares, representing 0.89% for ¥737.58 million.	23-04-09	CI
Nitta Buys Back 344 Million Yen Worth of Shares	23-04-04	MT
Tranche Update on Nitta Corporation's Equity Buyback Plan announced on February 3, 2023.	23-04-03	CI
Dalton Investments Submits Shareholder Proposal to Nitta	23-03-30	CI
Nitta Corporation announces an Equity Buyback for 250,000 shares, representing 0.89% for ¥900 million.	23-02-03	CI
Nitta Corporation Provides Consolidated Earnings Guidance for the Full Fiscal Year Ending March 31, 2023	23-02-03	CI
Nitta Corporation authorizes a Buyback Plan.	23-02-02	CI

Chart Nitta Corporation

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Company Profile

Nitta Corporation is mainly engaged in the manufacture and sale of belt and rubber products, hose and tube products. The Company operates in six business segments. The Belt and Rubber Products segment is engaged in the manufacture and sale of belt products, transmission products, rubber products, communication equipment, electronic device, toothed belts, V-belt automatic tensioners, and pulleys and others. The Hose and Tube Products segment is engaged in the manufacture and sale of resin hoses and tubes, metal fittings and mechatronic products. The Other Industrial Products segment offers air conditioning products, sensors, temperature-sensitive adhesive tapes, medical rubber and plastic products, precision polishing pads and slurries, among others. The Real Estate segment conducts the leasing of real estate. The Business Instruction segment provides management guidance to affiliated companies.

Sector

Industrial Machinery & Equipment

Calendar

2024-05-09 - Q4 2023 Earnings Release

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Ratings for Nitta Corporation

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

3,980 JPY

Average target price

3,700 JPY

Spread / Average Target

-7.04%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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