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Trades about 7% below its sector, cheaper than its peers on earnings.
Nittoku Co., Ltd., an international enterprise based in Saitama, Japan, excels in the production and distribution of automated winding machinery and its ancillary components. Their extensive portfolio encompasses winding solutions for a vast array of coil types, such as relay, solenoid, ignition, transformer, injector, pick-up, reactor, PM stepping, bobbinless, sensor, induction heating, armature, power inductor, speaker/receiver, brushless inner and outer motor, and chip inductor coils. Furthermore, the company delivers comprehensive factory automation systems, alongside IC cards and parts for contactless smart cards. Established in 1972, the firm operated as Nittoku Engineering Co., Ltd. until its rebranding to Nittoku Co., Ltd. in August 2019.
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