Nitto Group Report 2018

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Nitto Group Report 20180319181961196819691974198719941995199719971999199920002000Nitto Electric Industrial Co., Ltd. established in Osaki, Tokyo, to produce electrical insulating materials in JapanFirst overseas ofce established in New YorkNitto Denko America, Inc. (now Nitto, Inc.) establishedNitto Denko Taiwan Corporation, the rst overseas production site, establishedNitto Belgium NV establishedHydranautics of the U.S.A. acquiredNitto Denko (Shanghai Pu Dong New Area) Co., Ltd. establishedNitto Denko (Shanghai Songjiang) Co., Ltd. establishedNitto Denko Material (Thailand) Co., Ltd. establishedPT. Nitto Materials Indonesia establishedNitto Denko Vietnam Co., Ltd. establishedKorea Nitto Optical Co., Ltd. establishedKorea Nitto Denko Co., Ltd. establishedRegional headquarters Nitto Americas, Inc. (now Nitto, Inc.) establishedSwedenNitto Group 102 companies* (as of March 2018)*Includes affiliatesGermanyPolandHungaryCzechTurkeyRussiaFranceItalySwitzerlandBelgiumUKSingaporeEurope: 15 companiesEast Asia: 33 companiesSouth Asia: 20 companiesBases of Nitto (non-consolidated)ShanghaiTianjinSuzhouWuxiQingdaoThailandIndiaManufacturing / ProcessingSales onlyResearch and developmentOtherVietnamPhilippinesMalaysiaIndonesiaAustraliaDongguanShenzhenFoshanChengduTaiwanKoreaDalianHong KongGroup CompaniesManufacturing / ProcessingSales onlyResearch and developmentOther19181950195519601965197019751980Sales in JapanOverseas salesSales in JapanOverseas salesConsolidatedNon-consolidated(FY)Business Development of the Nitto GroupThe Nitto Group rst gained a foothold outside of Japan when we established the New York Office in 1961, and we have since made remarkable progress under the guidance of our Global Niche Top® strategy. More recently, we have been accelerating our business expansion by embracing the Area Niche Top® strategy, which involves responding to the unique needs of each region to seize a leading share in the market.• Sales Trends