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Trades about 3% below its sector, cheaper than its peers on earnings.
Nitto Kogyo Corporation operates globally, manufacturing and distributing a broad array of electrical and mechanical equipment. Its extensive product catalog encompasses high-voltage power reception units, various panel boards (including standard, control, and residential types), electric vehicle charging stations, and fiber optic junction boxes. The company also supplies plastic and metal enclosures, system racks, circuit protection devices such as breakers and switchgears, terminal blocks, and thermal management solutions. Furthermore, it provides a comprehensive selection of distribution board components, addressing requirements for exterior and interior mounting, machinery integration, wiring, voltage regulation, and electromagnetic compatibility. Beyond manufacturing, Nitto Kogyo is also engaged in power generation. The company was founded in Nagakute, Japan, in 1948, where its headquarters are still located.
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