April 9, 2024

COMPANY PROFILE

bout usCorporate date
The Corporation

NITTOSEIKO CO., LTD.
Chief Executive Officer Masami Zaiki

Representative

Chief Operating Officer Makoto Araga

Listed on

Tokyo Stock Exchange Prime Market [5957]

Founding

February 11, 1938

Head Office

20 Umegahata, Inokura, Ayabe City, Kyoto, Japan

Capital3,522,000,000 yen
1,940 (consolidated) 522 (Non-consolidated )Number of employees

Number of Group Companies

Main Businesses(As of December 31, 2023)
34 companies (14 domestic, 20 overseas)
Screw (industrial fasteners), Assembly machines,
Inspection equipment, Medical equipment

N e t s a l e s ( c o n s o l i d a t e d ) 44,744 V
million yen (December 31, 2023)

1

M a n a g e m e n t p o l i c y a n d ph i l o s o p h y

2

Basic Policy
Based on integrity, we will earn trust both at home and abroad andcontribute to the development of the region
Revised the “Commentary” in2023 for the first time in 17 years.

O u r c r e e d (Company Motto)
We make a good self

We do good work

We make a good contribution

We will promote our health,We will make it a principle to be honest,

We will contribute to society

cultivate character, seek knowledge,

never fail to improve, and cooperate

through our work with a spirit ofhone skills, and build sound characterwith each other to produce good products

gratitude for the blessings ofand create a pleasant workplacesociety that enables us to engage
in our daily work.

BackgroundEstablished by local volunteers in the rural community of Ayabe for the purpose ofpromoting the machinery industry
Reason to keep head office in Ayabe City

NITTOSEIKO CO., LTD. at
the time of its foundation

One of the objectives of the company’s establishment “creation of local employment” is carried out

Directors

3

Chairman and Chief Executive Officer

Masami Zaiki

President and Chief Operating Officer

Makoto Araga

Director and Managing ExecutiveOfficer

Shigehiro Yamazoe

Director and Corporate Officer

Nobuhiro Uejima

Director and Corporate Officer

Shinichi Matsumoto

Director and Corporate Officer

Motoki Asai

Director (Outside)

Mitsuru Shiomi

Director (Outside)

Kazuyuki Hirao

Director (Outside)

Konomi Katsumi

Auditor (Full-time)

Akira Kitatani

Auditor (Outside)

Shinichirou Morita

Auditor (Outside)

Masahiko Naka

Corporate Officer

Masakazu Ishihara

Corporate Officer

Yasuhiro Ogumo

Corporate Officer

Kazuya Kirimura

Corporate Officer

Tadashi Uehara

Chief Operating Officer

Makoto Araga

4

Organization chart

NITTOSEIKO CO., LTD.

Overseas Business
Division
Domestic Business
Division
Medical New Business
Department

Control Systems Division

Industrial Machinery
Division

Fastener Division

R&D and Production
Engineering D i v i s i o n
Financial Strategy
Division
Corporate Strategy
Division
Office of Sustainability
Promotion

Secretarial Office

Auditing Department

Corporate history

5■ Early years ■ Fasteners ■ Assembly machine ■ Control system ■ Medical

1930s

1940s

1950s

1960s

1980s

In 1938

In 1949

In 1956

In 1981

The founding of theStartedStarted manufacturing

company

production ofindustrial fasteners

In 1963
Started salesof precision screws

camerasIn 1967
Launch of TAPTITE 2000

In 1949

In 1965
Launch of screw
driving machines

Started manufacturing
water volume meters

1990s

2000s

In 1996
Launch ofautomatic penetration
machine 「Geokarte」

In 2000

In 1998
Launch of AC
servo driver
manufactured byour company

Launch of sensor
engineering system「MISTOL」

2010s

2020s

In 2018

In 2021
Launch ofScrewdriving unit foruniversal robots PD400UR

Launch of thetechnology of tightly
joining dissimilarmaterials 「AKROSE」

In 2021Develop a highpurity bio-soluble
magnesium for medical use

Launch of SCARA robot

In 2022
Launch of micro
bubble shower system「BUBLISS」

Performance trends
Net sales(Millions of yen)

6

Nets sales and operating income (non-consolidated)

Operating income(Millions of yen)

20,0008,000

17,615

16,924

16,543

15,624

14,18815,000

6,000

10,000

4,000

2,116
5,000

1,626

2,000

1,519
1,015

1,008

0

0

2019

2020
Net sales

2021
2022
Operating income2023Performance trends
Net sales(Millions of yen)

7

Operating income(Millions of yen)Nets sales and operating income (consolidated)

50,00010,00044,74444,021
40,51840,0008,000

34,85732,90430,0006,000

20,000

3,249

2,931

2,596
10,000

4,000

2,614
2,000

1,303

0

0

2019

2020

2021

Net sales

2022

Operating income2023

Japanese network

8

NITTOSEIKO domestic manufacturing bases(Right)Yata Factory(Left)

Shiroyama
Factory

Main Factory(Control system division)(Assembly machine division)(Fastener business Division)

Control System Factory

NITTOSEIKO domestic sales offices
BaseLocation

Sales

Base

Location

Sales① Head Office

Ayabe,
Kyoto

Assembly machine, control system② Osaka
BranchOsaka,
Higashi-Osaka

Fasteners, control systems③ Nagoya Branch

Nagoya,Aichi

Fasteners, assembly machine,
control system④ TokyoBranchYokohama,
Kanagawa

Fasteners, assembly machine, control systems⑤ Hiroshima
Sales Office

Hiroshma

Assembly machine, control systems⑥ Kyushu
Branch Office

Fukuoka

Fasteners, assembly machine, control systems

Domestic Group Companies Segment: ● Fastener ▲ Assembly machine ■ Control system
Sales

Manufacture① NITTOSEIKO CO., LTD.

［●▲■

］

⑪ WAKO CO., LTD.

Others［●▲■］ ⑮ NITTOSEIKO SWIMMY CO., LTD⑫ MATSUURAYA CO., LTD.［ ●▲］② NITTO KOSHIN CO., LTD.

［●▲■］

③ TOYO ATSUZO CO., LTD.

［●］

⑬ PINING CO., LTD.

④ NISSEI CO., LTD.

［●］

⑭ KYUSHU NITTO SEIKO CO., LTD.

⑤ FINE CO., LTD.

［●］

⑥ TOYOSEIKO CO., LTD.

［●］

⑦ KYOEI SEISAKUSYO CO., LTD.

［●］

⑧ SHINWA SEIKO CO., LTD.

［●］

⑨ NITTOSEIKO ANALYTECH CO., LTD. ［■］⑩ K.M. SEIKO CO., LTD.

［●］

Medical［●］*Number is the location of the head officeGlobal network

9

Global Network Segment: ● Fastener ▲ Assembly machine ■ Control system Medical
KOREA
Sales

① NITTOSEIKO CO., LTD. Korea Branch

［●▲■］

CHINA
Manufacturing ② NITTO PRECISION SCREW INDUSTRIAL(ZHEJIANG)
Sales

［●▲■］

③ NITTO PRECISION SCREW INDUSTRIAL(ZHEJIANG)
Canton Branch［●▲■］④ DONGGUAN WACOH CAR PARTS LTD.

［●］

⑤ HONG KONG WACOH SEIKO LTD.

［●］

⑥ MATSUURAYA(Hong Kong) COMPANY LIMITED［●］TAIWAN
Manufacturing ⑦ SHIHO SCREW INDUSTRIAL CO., LTD.

［●▲］

VIETNAM
Manufacturing ⑧ VIETNAM WACOH CO., LTD.

［●］THAILAND
Manufacturing ⑨ NITTO SEIKO (THAILAND) CO., LTD.
Sales

⑩ THAI NITTO SEIKO MACHINERY CO.,. LTD

［●］
［▲■］

MALAYSIA
Manufacturing ⑪ MALAYSIAN PRECISION MANUFACTURING SDN. BHD. ［●▲］Domestic and overseas sales ratio(FY12/11-FY12/2023)

INDONESIAManufacturing ⑫ PT. NITTO ALAM INDONESIA［●］

Manufacturing ⑬ PT. NITTO ALAM INDONESIA BEKASI FACTORY

［●］

Sales

⑭ PT. NITTO INDONESIA SEIKO TRADING［●▲■］

U.S.A.
Manufacturing ⑮ NITTO SEIKO AMERICA CORPORATION［●▲■］GERMANYSales⑯ NITTO SEIKO ANALYTECH EUROPE GMBH［■］

Europe 1.3
North America
4.8%

Others 0.9

Southeast
Asia
11.9%
East Asia
10.3%

Overseas
29.2%
Japan
70.8%

Total power/total solutions
The fastenerdivisions・Special cold forged parts
・Rolling technology
・Fastening Technology

The machinery
divisions・Production labor saving
technology
・Fastening systems
technology

The control system
divisions

The Group’s
combined

・Measurement andcontrol technology
・Ground investigation
technology

strength

The medical

Production technology

divisions

R＆ D

10

Fastener b u s i n e s s / o v e r v i e w

11Creating the next generation’s
c o n c l u s i o n ahead of the world
More than 90,000 types made to order,
2.2 billion pieces produced per month
Leading manufacturer of precision screws andself-tapping screws
In-house integrated production

Precision

Energy related
0.0%

e q u i p m e n t 0.9%

Precision equipment

Others9.3%

3.3%
IT and Information equipment
3.8%
S u n d r i e s 6.5%

(screw manufacturing tools, In-house production equipment)

Automobile

electronics
parts
14.0%

Global supplier with factories in 5 countries overseas, with Japan

39.4%

Electrical andHousing andConstruction
22.7%

positioned as the mother factory

Fastener business/screw manufacturing method① Wire material② HeaderHeader process④ Heat treatment③ Rolling

Rolling process
Fixed plate

Movingplate

Integrated production with in-house equipment⑤ Metal plating⑥ Inspection⑦ Wrapping12⑧ ShippingFastener business / proposal for automobile
Door mirror

Alternator

Water pump

13

Oil pump

Intake manifold

Engine cover

Engine plug

Plug cord

VCT

Headlight

Sensor

Shift lever

Sunroof

Assist grip

Seat belt

Seat belt

Rear door

High expectations
for increased demand for
CASE

Car airconditioning

WindshieldwipersAir bagFastener business/new products

14

Aspha® WP

Launched in December 2023

AKROSE®
A new method of joining dissimilar metals using coldheading technology

Waterproof screw that can be fastened with higher axial
force in addition to waterproof performance byincorporating an O-ring + flat washer

An example of aluminum + iron + copper bonding
Before joining(cold heading parts)

Before joining(fitting)

metal washer
body of a screw

O-ringFinal productO-ringclearance

metal washer

c o n t ac t s u r f a c erail

Launched in December 2023

AKROSE® applied metal coating technology
Supporting the materialization of parts with metal
coating technology that replaces plating

Launched in February 2023

JOISTUD®

Development of three types of high-performance
products for clinching stud bolt "JOISTUD"
according to the intended use
sunke n pa rt

Base metal

Coated metal

Arranged with ring-shaped
non-turn protrusions

Base metal

Process
ExamplesCoatedmetal(Components before joining)

O-ring notcontacting rail

rail

(AKROSE bonded covered parts)(Cutting finished parts)

High non-turnoverstrength typeSpace-saving type

Waterproof typelateral partiron

Product
ExamplescopperAluminum

Heightdifference

Iron
protrusion(Example of copper coated with iron)(Example of aluminum coating on iron)

Knurled partO-ringinner part

A s s e m b l y m a c h i n e b u s i n e s s / o v e r vi e w

15

Assembly automation
Pioneer of screw
tightening machinesuggested optimization

Development of various screw fastening machines
utilizing the know-how of screw manufacturers

All NITTOSEIKO brand products that do not need tobe combined with other companies' products
FA equipment for transport and inspection has

S u n d r i e s 0.0%
IT and Informationequipment
3.0%
Housing and construction
3.0%

Others12.6%

Energy related
3.3%Game machine
3.6%

also been developed to support large assembly lines
up to 200 meters in length

Precisione q u i p m e n t 0.0%

Electrical andelectronics parts
17.2%

Automobile
57.3%

Assembly machine business/products

Screw driver
NX drivers

Screw・nuts・bolts
feederScrew driving
robot

Large assemblylines

Variable Thrust Control Technology
C on ven t io na lcyl in der c on t rol

Allows ideal screw

processtightening close tothrustdrop

screw
screw-in floatation checkconstant

AC servo Z-axis with variablethrust control function
High
Zero

Zero

Impact！

High

Low

Return encoder detects workpiece
deflection at height

By proximity
sensor
Detect height

hand-tightening

Low

Soft

16

Assembly machine business/new products
17

Launched in February 2024

Launched in December 2023

High torque model with CE marking
High-precision, high-performance screwdriver:Two high-torque models of NX driver T3 series
newly upgraded to CE marking specifications

PD400 series CE marking specification
Screw tightening unit for cooperative robots:
Two of the PD400 series models were newly
upgraded to CE marking specifications:
For universal robots
PD400UR series

Tool Unit
NX500T3-06S*-20

For TM robots
PD400TM series

controller
SD600T10-2020-CN

Capable of high-speed, high-precision tightening
Collect tightening data
All 5 models in this series are now
CE marked

PD400UR-M(Magnet type)

PD400UR-M(Vacuum specification)

Collaboration with Robot Makers
Helping to resolve labor shortages

C o n t r o l s y s t e m b u s i n e s s/ o v e r v i e w

18

From fluid measurement to
Safe and Secure
Manufacturing

inspection and cleaning

Providing a wide variety of products from flow meters
for liquids to system products

Ground investigation machine "GeoCarte®" has
90% share of the industry*Share in automatic type. According to our research

Microbubble cleaning system "Bub Limo®"
makes Manufacturing Eco-friendly

Precisionequipment
3.1%

Environment
4.5%

Shipbuilding
5.2%
Automobile7.0%

Others26.7%

Chemicals
23.9%

Energy related
15.2%

Housing andConstruction
Electrical and electronics
7.4%
parts7.0%

C o n t r o l s y s t e m b u s i n e s s/ p r o d u c t s

19

F l o w m e t e r s
Sales to all industries, including chemical,
mass flowmeterclean flow

super rotary
flowmeter

clamp-on typeultrasonic flowmeter

pharmaceutical, food, and shipbuilding industries

System Products
Micro bubble cleaning device「Bubb Remo®」High -performance
inspection and sorting
equipment 「MISTOL®」

Micro bubble technology that

Eliminates visual inspection

cleans with bubbles of 1 to 3

oversights and inspection level

microns or lessvariations, realizing speedy 100%
inspection

Evolving groundinvestigation equipment「GeoKarte®」
Automated Swedish sounding test
for the first time. High market
share (90%) in groundinvestigation for detached houses

New
GeoKarte IV
to belaunched in2020

C o n t r o l s y s t e m b u s i n e s s/ n e w p r o d u c t s

20Electronic flowmeter eye series Bluetooth®

High-performance inspection and sorting

communication function model

equipment MISTOL®AI

Launched in June 2023

Dedicated app allows easy operation of theflowmeter from a smartphone

Launched in November 2023

Streamlines image settings and makes
settings independent of operator skill level

Bluetooth® communication
Sending andreceiving email

Flowmeter

smart phone

Various data

Intuitive operation with the dedicated"F-Blue®" application
Speedy resolution of measurement problems withenhanced inquiry functions

Robot type
Standard
machines
Easy to set
typeup and operate, even for previously

difficult inspections

Reduction of man-hours for setup
Realizes accurate and stable inspections

Medical business/overview

21

New technology to improve the environment
Create peace and bring forth
people’s smileand quality of life in the medical field

New project that launched in 2020
Released medical illuminator「FREELED」
Developed the world's first technology “highly pure

Medical illuminator「FREELED」

magnesium material with in vivo solubility for medicaluse” and testing is underway to commercialize it
In vivo soluble high-purity
magnesium material for medical use
When used as medical implants, they dissolve inJune 2023 Japanpatent granted

Medical illuminatorIll umina tor to ill umina te theaffected area during surgery. LED

the body, eliminating the need for surgicall ight that does not easil yremoval*. Developing various shapes of products

increase the temperat u re of theby utilizing our know-how of fastening
technology.
*Depends on the conditions of the bonding surgery.

l ighting section, and can emitl ight with a col or close to naturall ight and high brightness.

Medium-term management plan

22

Aiming to be a "manufacturing solution group“
recognized and sought after around the world
Growth#1
Business
Expansion
Strategy

Growth#2
Environment
Strategy

net sales(Millions of yen)

Growth#3
Human
Resource
Strategy

Growth#4
Financial
Strategy

Target figures for the final year
(Fiscal year ending December 31, 2025) (consolidated)
Net sales
Operating income
ROIC
ROE

NITTOSEIKO Mission “G”

6,000

60,00060,0005,160 5,000

44,74450,00030,000Operating income(Millions of yen)

Mission G-second

70,00040,00060,000 million yen
5,160 million yen
more than 8％
more than 9％34,85732,90440,5183,249

44,021
2,931

2,594

20,000

4,000

2,614
1,303

10,000

p

p

l

l

a

a

n

n

2024

2025

0
2019

2020

2021

2022

2023

3,000
2,000
1,000
0

M ateriality

23

Regional development・next generation development
Contributing to the vitalization of regional industrial development as a connector hub company

Operational financial support through naming rights【 Ayabe・NITTOSEIKO arena 】【 Ayabe・NITTOSEIKO stadium 】

Supporting thecreation of a safe andsecure environment inwhich Ayabe citizens
can engage in lively
activities with a smile.

In summer, qualifying
games are held forhigh school baseballplayers aiming for the
Koshien.

Loosening screw present campaign
to support students for entrance exams
Since 2014, we have been
gifting our “GIZATITE”
anti-looseness screws to
the general public in thehope that they will learn
the importance of screws.

Donated children's books to
Ayabe City Library
We have publishedthree books so far.
Donated children‘sbooks to the Ayabe
city library with theroyalties. Original
storyboard shelves
donated in 2023.

M ateriality

24

Environment
Protecting the Global Environment from a local perspective from the Land of Ayabe

Reduction of CO2 emissions
With a view to becoming carbon neutral by 2050,
each plant is working to reduce CO2 emissions by
30% by 2030 compared to 2019 levels.

Creation of products with reduced
environmental impact
Launched development of industrial cleaning
equipment that uses microbubble generation
technology to eliminate the use of solvents, aswell as new organic solvent recycling andrecovery equipment.

Organic solvent recycling equipment*ImageModel Forest Activities
Became a member of Kyoto Model Forest Associationand conducted forest conservation activities in the
Kanbayashi forest area of Ayabe City in collaboration
with Ayabe City, Kyoto Prefecture.

M ateriality

25

Human Resource Development
Our unique human resource development system creates anenvironment where everyone can work with energy and passion

Health management
Selected as Health Management Brand 2022 and Excellent HealthManagement Corporation 2024 (White 500). Currently promoting“Nicotto7”, an initiative to challenge employees in the three areas oflifestyle-related diseases, mental health, and work-life balance.

Promotion of womenin the workplace

Received a three-star rating: "Kurumin
Certification," a sign of a company that
supports child-rearing; "Nadeshiko
Brand," a listed company that excels inwomen's activities; and "Eruboshi," acompany that promotes women's
activities.

Own human resource
development system
・4 original in-house textbooks
・Educational credit system forself-development

Promotion of employmentof persons with disabilities
Established a special subsidiary,
NITTOSEIKO SWIMMY, to create acomfortable working environment forpeople with disabilities. In addition, oneof our employees received the Kyoto
Governor's Commendation Governor's
Commendation for excellent workers.
February 2024
A special Olympic Kyoto
Two employees won silver
awards26

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