Niterra Co., Ltd. (Niterra) announced that it will close its Nagoya Plant in Aichi Prefecture, Japan. The company plans to close the plant in 2025 after the termination of production activities in February 2025. The land and buildings will be divested by the end of 2025.
The Nagoya Plant was established as the former

Niterra Co., Ltd. (Niterra) announced that it will acquire all the shares of Toshiba Materials Co., Ltd. (Toshiba Materials), a wholly owned subsidiary of Toshiba Corporation (Toshiba). The transaction is scheduled to be completed on May 30, 2025. Both companies made a decision on the share acquisition based on the j

Niterra Co., Ltd. (Niterra) announced that it will invest JPY 50 billion in a tender offer for Toshiba Corporation (Toshiba). Niterra will take part in the fund which is managed and operated by Japan Industrial Partners Inc. (JIP) and invest JPY 25 billion. Also, Niterra will undertake subordinated bonds for JPY 25 b

Denso Corporation (Denso) announced that it will begin negotiation for the transfer of selected internal combustion engine parts operations to Niterra Co., Ltd. (Niterra). The two parties reached a decision to sign a memorandum of understanding (MOU) during a board of directors meeting on July 10, 2023. Based on the

Niterra Co., Ltd. (Niterra) announced that the English name of its Chinese subsidiary was changed from “NGK Spark Plug (Shanghai) Co., Ltd.” to “Niterra (Shanghai) Co., Ltd.”, while the Chinese name stays unchanged. (From a Niterra press release dated April 1, 2023)