April-September engine parts makers see increased revenue and profits Japanese engine parts manufacturers have been making a financial recovery. Three piston ring companies and Nittan Valve Co., Ltd. (Nittan Valve) achieved an increase in revenue and profits in the period April-September 2021 (H1 FY 2021). Their sales exhibited high growth of about 30%. Compared to the same period a year ago, which was greatly affected by the new coronavirus (COV...

News  Updated at: 2021/11/22

Sales in engine parts suppliers’ FY 2020 financial results decline Parts suppliers that primarily handle engine parts are facing increasingly severe business management. Owing to suspended or reduced vehicle production caused by the coronavirus (COVID-19) pandemic, four major Japanese engine parts suppliers, TPR Co., Ltd., Riken Corporation, Nippon Piston Ring Co., Ltd., and Nittan Valve Co., Ltd., announced poor financial results for the fisca...

News  Updated at: 2021/05/25

Nittan Valve to change trade name to Nittan Corporation in April 2022 Nittan Valve Co., Ltd. (Nittan Valve) announced that its board of directors has resolved at the meeting held on February 25, 2021 to submit a proposal for a change of trade name and partial amendment of the articles of incorporation to the ordinary general meeting of shareholders scheduled to be held in late June 2021. The company’s trade name will be changed from the current...

News  Updated at: 2021/02/25

Nittan Valve puts more employees on temporary leave in Japan On May 21, Nittan Valve Co., Ltd. announced the state of operations at its main plants affected by the novel coronavirus pandemic. In China, the company’s plants have returned to normal operations. In Japan, the company expanded the range of its employees put on temporary leave in May and is considering postponing capital investment. In North America and Europe, the company’s plants...

News  Updated at: 2020/05/25

Nittan Valve to improve profitability in engine valve operations Nittan Valve Co., Ltd. will start improving profitability at its Sanyo Plant, which manufactures small engine valves. The profitability at the plant has been worsening due to increased fixed costs resulting from measures that the company took in response to a surge in orders for small engine valves. The company will take steps like shifting production of some of low unit price produ...

News  Updated at: 2018/05/21

Nittan Valve to decrease stake in Chinese joint venture Nittan Valve Co., Ltd. (Nittan Valve) announced that it has consulted with a joint venture partner about a Chinese subsidiary that is scheduled to be established in September and decided to decrease its stake in the project from the initially planned 85% to 51%. Nittan Valve intensively produces hollow head valves at its Sanyo Plant in Japan. However, in response to an expected growth in glo...

News  Updated at: 2018/03/01

Nittan Valve to establish a second subsidiary in China Nittan Valve announced that it will set up its second subsidiary in China to produce small engine valves. The new subsidiary, Rizhao Nittan Valve (tentative name) will be formed in Rizhao City, Shandong Province, China. It will be capitalized at approximately 800 million yen, of which 85 percent will be invested by Nittan Valve. (From a press release on September 26, 2017)...

News  Updated at: 2017/09/26

Nittan Valve's new mid-term plan aims to increase sales to JPY 46 billion by FY 2018 Nittan Valve Co., Ltd. (Nittan Valve) announced its fiscal 2016-2018 mid-term business plan. Under the new plan, the company aims to increase sales 8.3% to JPY 46 billion in fiscal year 2018 (ending in March 2019) from the FY 2015 level. The company will strive to win new orders for solid and hollow valves in its mainstay valve operations by pursuing the research...

News  Updated at: 2016/06/08

Nittan Valve to launch new line for rationalizing production in Thailand Nittan Valve Co., Ltd. started operations of its first new production line for saving manpower and stabilizing product quality at its Thai plant in August 2015. The company aims to rationalize its production and enhance its competitiveness in emerging markets by freeing itself from a labor-intensive production approach. A second new line is slated to come on-stream within t...

News  Updated at: 2015/09/07

Nittan Valve to supply hollow head engine valves preferentially to key Japanese and Korean OEMs Nittan Valve Co., Ltd. will supply its hollow head engine valves preferentially to Japanese and Korean OEMs, with which it has built good business relations. The company started mass-producing the products this year. Nittan Valve will help its key customers develop distinctive proprietary technologies on engine performance that stands out among technol...

News  Updated at: 2015/08/31

Nittan Valve to build new plant and expand production capacity in China Nittan Valve Co., Ltd. will start deliberations on a new engine valve plant site and expand production capacity at its existing plant in China to meet roaring demand. The company will seek a site around the existing plant in Guangzhou or other inland areas to start production in four to five years. The plant will start operations with three production lines initially. The exi...

News  Updated at: 2015/08/19

Nittan Valve to improve cost competitiveness of engine valve plant in U.S. Nittan Valve Co., Ltd. will increase its U.S. plant's cost competitiveness to survive intensifying competition in the North American automotive engine valve market. In response to OEMs shifting their automobile production to Mexico, Nittan Valve will expand the price range of engine valves to prevent its own customers from shifting to suppliers in Mexico. The company will...

News  Updated at: 2015/08/06

Nittan Valve to triple engine valve production in India Nittan Valve Co., Ltd. will triple its engine valve production capacity in India. Production lines in the company's plant in India will be increased to six from two by the fiscal year ending March 2019 (FY2018). This will boost annual production capacity of the plant to 14 million units from current 4 to 5 million. Going forward, the company will significantly enlarge the existing plant to i...

News  Updated at: 2015/07/24

Nittan Valve to mass-produce hollow head valves Nittan Valve Co., Ltd. plans to start mass-producing hollow head valves in October 2014. A hollow head valve is an engine valve featuring a hollow valve stem and a hollow valve head. Production will take place at the company's Sanyo Plant in Yamaguchi Prefecture, Japan. The components will be supplied for Japanese automakers' flagship models to be released in the domestic market. The plant will prod...

News  Updated at: 2014/06/05

Nittan Valve to boost engine valve production in China Nittan Valve Co., Ltd. will boost annual production volume of engine valves at its subsidiary in China, Guangzhou Nittan Valve Co., Ltd. The subsidiary's production capacity will be increased from current 20-25 million units to 70-80 million units by the fiscal year ending in March 2019 (FY 2018). The subsidiary is located in the Guangzhou Economic & Technological Development District in Guan...

News  Updated at: 2014/05/29

Nittan Valve to increase engine valve production by 30% in U.S. Nittan Valve Co., Ltd. will increase its engine valve production volume by 30% at its American manufacturing base, U.S. Engine Valve Corporation by October 2014. The company imported some engine valves from Japan and Europe to the U.S. in order to meet the rapid increase in demand during the fiscal year ended in March 2014. The subsidiary's new plant is now under construction in the ...

News  Updated at: 2014/05/15

Nittan Valve to increase production capacity in Vietnam for motorcycle engine valves Nittan Valve Co., Ltd. will increase the production capacity of motorcycle engine valves at its plant in Vietnam, which started mass production in January 2014. By the fiscal year to end in March 2016, it will add another production line to the initial four, which will raise the annual capacity from current 7 million units to 10 million units. It plans to operate...

News  Updated at: 2014/04/22

Eaton's U.S. joint venture to invest USD 40 million in valve facilities Eaton Corporation plc has announced its U.S. Engine Valve (USEV) joint venture with Nittan Valve Company, Ltd. will invest USD 40 million in engine valve manufacturing facilities in South Carolina and Nebraska over the next five years. The investment will result in the creation of up to 150 new jobs by 2016. Between 2013 and 2017, USEV will invest nearly USD 34 million in a 3...

News  Updated at: 2014/02/06

Nittan Valve to increase engine valve production capacity in the U.S. by 80 percent Nittan Valve Co., Ltd. is going to boost its capacity to produce automotive engine valves in the U.S. to 90 million units a year by early 2014, up 80 percent from the current level of 50 million units. The company has decided to accelerate its original expansion plan to meet surging demand from Japanese OEMs' facilities in the American market since April this year...

News  Updated at: 2013/05/27

Nittan Valve to change planned location of new subsidiary in India Nittan Valve Co., Ltd. announced that it will change the planned location of its new Indian subsidiary from Maharashtra to Andhra Pradesh. This establishment of the new subsidiary Nittan India Tech Private Limited was announced on August 31, 2012. In accordance with this change, Nittan Valve will increase the capital of the new subsidiary from 600 million yen to 1 billion yen, wit...

News  Updated at: 2012/12/28