TOPIX Large 70 Component
|Founded||Osaki, Tokyo, Japan (October 25, 1918) 104 years ago|
|Hideo Takasaki (Board member and President)|
|Products||chemicals and in materials science|
|Revenue||¥940,000 million (FY 2023)|
|¥106,734 million (FY 2014)|
|¥77,876 million (FY 2014)|
|Total assets||¥855,433 million (FY 2014)|
Number of employees
|31,997 (FY 2014)|
Nitto Denko Corporation (日東電工株式会社, Nittō Denkō Kabushiki-gaisha) is a Japanese company that produces tapes, vinyl, LCDs, insulation, and several other products. It was founded in Osaki, Tokyo in 1918 to produce electrical insulation and it survived World War II, despite the destruction of its central offices which have since moved to Osaka. Nitto is a member of the Mitsubishi UFJ Financial Group (MUFG) keiretsu.
In August 2015, Nitto Denko announced their development of a new method of sintering neodymium magnet material. The method exploits an "organic/inorganic hybrid technology" to form a clay-like mixture that can be fashioned into various shapes for sintering. Most importantly, it is said to be possible to control a non-uniform orientation of the magnetic field in the sintered material to locally concentrate the field to, e.g., improve the performance of electric motors. Mass production is planned for 2017.
On 25 May 2017, it was announced that Nitto Denko will be the main sponsor for the ATP Finals, at least until 2020. On 10 September 2020, Nitto Denko announced it will extend its title partnership of the ATP Finals for another five years, until 2025.