Nitta Corporation Reports Flat Q1 FY2025 Sales at ¥21.63 Billion; Belt and Rubber Segment Grows 2%

Nitta Corporation has released its financial results for the first quarter of FY2025, showing a slight decrease in total net sales, which amounted to ¥21.625 billion compared to ¥21.634 billion in the same period last year, marking a minimal decline of 0.0%. The Belt and Rubber segment reported a 2.0% increase in sales to ¥7.070 billion, while the Hose and Tube segment saw a marginal increase of 0.1% to ¥7.856 billion. However, the Optical Industrial Products segment experienced a decrease of 6.7%, with sales dropping to ¥2.747 billion. Operating income for the quarter was down by 5.7%, totaling ¥1.095 billion compared to ¥1.162 billion in the previous year. The Belt and Rubber segment contributed positively with a 5.3% increase in operating income, reaching ¥772 million. In contrast, the Hose and Tube segment faced a significant decline of 93.5% in operating income, now at ¥4 million. The Optical Industrial Products segment, however, managed an increase of 19.5% in operating income, reaching ¥212 million. No specific outlook or guidance for the upcoming quarters has been provided in the report. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nitta Corporation published the original content used to generate this news brief on August 21, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here