Nitto Group Report 2016

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3Nitto Group Report 2016Business Development of the Nitto Group191819611968196919741987199419951997199719991999200020002000Nitto Electric Industrial Co., Ltd. established in Osaki, Tokyo, to produce electrical insulating materials in Japan.Company opens its rst overseas ofce in New York.Company forms Nitto Denko America, Inc.(Present Nitto, Inc.)Company forms Nitto Denko Taiwan, its rst overseas manufacturing base.Company forms Nitto Belgium NV.Company acquires Hydranautics of the U.S.A.Company forms Nitto Denko (Shanghai Pu Dong New Area) Co., Ltd.Company forms Nitto Denko (Shanghai Songjiang) Co., Ltd.Company forms Nitto Denko Material (Thailand) Co., Ltd.Company forms P.T. Nitto Materials Indonesia.Company forms Nitto Denko Vietnam Co., Ltd.Company forms Korea Nitto Optical Co., Ltd.Company forms Korea Nitto Denko Co., Ltd.Company forms Nitto Americas, Inc. (Present Nitto, Inc.), a regional holding company.Company forms Nitto Denko Technical Corp. in the U.S.A.SwedenNitto Group 108 companies* (as of March 2016)*Includes non-consolidated companiesGermanyPolandHungaryCzechTurkeyRussiaFranceItalySwitzerlandBelgiumUKSingaporeEurope: 14 companiesEast Asia: 35 companiesSouth Asia: 19 companiesBases of Nitto (non-consolidated)ShanghaiTianjinSuzhouWuxiQingdaoThailandIndiaManufacturing / ProcessingSales onlyResearch and developmentOtherVietnamPhilippinesMalaysiaIndonesiaAustraliaDongguanShenzhenXiamenFoshanTaiwanKoreaDalianHong KongGroup CompaniesManufacturing / ProcessingSales onlyResearch and developmentOtherSales in JapanOverseas salesSales in JapanOverseas sales19181950195519601965197019751980ConsolidatedNon-consolidated(FY)The Nitto Group began expanding overseas with the establishment of the New York Office in 1961, and has made remarkable progress under the Global Niche Top® strategy. Recently, we have been furthering our business expansion by embracing an Area Niche Top® strategy of responding to unique needs in particular areas to seize a leading market share.• Sales Trends

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