Total support dies for the Production of high-precision automotive parts
MaterialPrecision
Precision Parts Business
Utilizing die know-how, mass production of precision forged parts and assembly turbocharger parts
Filter Business
Providing metal filters that can be used under severe conditions to various industries
forgings
Forging
High-precision・Resource-saving・High
strength
High quality・Automation・
Bipolar production
Stainless
Sintering
Filter
steel
furnace
High strength・Heat resistance・
Oxidization resistance
Automotive Precision Die
Production
Precision forged parts and assembly turbocharger parts
Multi-layer sintered filters
Automobile
Beverage
Aerospace
Health care
3
1) Introduction of Business
Precision Die Business
Precision Parts Business
Filter Business
Domestic
Ujitawara Factory
Nichidai(ND)
Ujitawara Factory
Kyotanabe Factory
Nichidai Filter(NFC)
Ujitawara Factory
Multi-layer
Precision Forging Dies
Forged Scroll
VG Turbocharger
● The production base for
Parts
Precision Forging Dies.
●Production of various
●The domestic
● Approximately 30 development
forged products
production base
personnel
●Main product is forged
of Turbocharger
scroll
parts.
sintered filters
●Domestic development and Production bases
●Owns 5 sintering furnaces
Over Seas
Nichidai Asia
(NDA)
Nichidai(Thailand)(NDT)
An overseas subsidiary located near Bangkok, Thailand. Production base for both Precision Die business and Precision Parts Business
Thai Sintered Mesh
(TSM)
◆Precision Die sales base in Thailand
Nichidai
USA
(NUC)
Precision Die Business
・Product Precision Forging Dies
Precision Parts Business
・Production and sales of forged scrolls
Production and sales of Turbocharger Parts
◆A production base for the Filter
Business located near Chiang Mai
in northern Thailand. The main
◆Precision Die sales base in Ohio,USA
NICHIDAI CORPORATION
product is filters for oil drilling.
There are 5 sintering furnaces.
4
1) Introduction of Business(NDT becomes a wholly owned subsidiary)
✓On March 25, 2024, NICHIDAI purchased all shares of NDT held by
MTA , making NDT a wholly owned subsidiary.
※NDT:Nichidai(Thailand)LTD. MTA:Mitsubishi Turbocharger Asia Co.,Ltd.
Change in ownership of NDT shares
Before March 24, 2024
After March 25, 2024
NICHIDAI
MTA
NICHIDAI
75%
25%
100%
owned
owned
owned
NDT
NDT
✓ We will build a system that allows us to expand sales channels and develop new businesses flexibly in both Precision Die Business and Precision Parts Business.
The forecast was revised downward in October 2023 due to sluggish sales in the Precision Parts Business and a decline in overseas sales in the Filter Business.
In the second half of the year, the effects of cost control measures became apparent, and ordinary income became profitable.
The results for the fiscal year ending March 2024 will be the same as the earnings forecast announced on April 23, 2024.
※Rounded down to the nearest million yen Unit: million yen
FY24/3 Plan
FY24/3 Revised plan
FY24/3
(May,2023)
(Oct,2023)
Result
Net Sales
11,900
11,200
11,323
Gross income from sales
2,465
1,930
2,180
S.G.&A expense
2,295
2,260
2,222
Operating income
170
▲330
▲42
Non-operating income
▲5
▲75
▲107
Ordinary income
175
▲255
64
Net income Attributable
115
▲300
44
to Owners of the Parent
Exchange
USD
130.0
140.0
147.88
Rate
THB
3.8
3.96
4.16
(Yen)
7
NICHIDAI CORPORATION
2)FY24/3 Financial Results Overview ( Comparison with previous year )
As the parts supply shortage was resolved, automobile production recovered and our sales increased.
Unit: million yen ※Rounded down to the nearest million yen
Sales:Although Precision Die Business and Precision Parts Business recovered steadily, Filter Business remained sluggish.
Ordinary income: Ordinary income increased due to the increase in sales and the effects of cost control measures.
Sales
※Rounded down to the nearest million yen
Unit: million yen
Ordinary
income
3,500
350
2,934
2,846
3,050
3,000
2,664
2,749
300
2,645
2,603
2,677
543
659
2,500
539
574
250
593
613
640
639
2,000
950
978
1,111
200
879
791
1,034
870
896
1,500
150
140
1,000
100
500
1,172
1,093
1,323
1,154
1,245
1,175
1,293
1,397
50
44
0
▲6
10
0
▲18
▲31
▲51
▲50
▲88
▲100
23/3
23/3
23/3
23/3
24/3
24/3
24/3
24/3
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
Precision Dies
Precision Parts
Filter
Ordinary Income
NICHIDAI
CORPORATION
9
2)FY24/3 Financial Results Overview (Precision Dies Business)
Sales:(Domestic)As automobile production increases, demand for major users increases. (Overseas) Sales increased mainly due to large projects.
Ordinary income : Profits were achieved due to the effects of various cost control measures.
≪Domestic and Overseas Sales Revenue
Regional breakdown of net sales in
and Ordinary Income≫ Unit: million yen
the Precision Die Business
million yen
FY23/3
FY24/3
Growth
6,000
Results
Results
Rate
5,110
4,743
5,000
Domestic
3,171
3,397
7.1%
897
1,021
4,000
675
691
1,572
1,712
Overseas
8.9%
3,000
2,000
Total sales
4,743
5,110
7.7%
3,171
3,397
1,000
Ordinary
▲94
162
-
income
0
Ordinary
▲2.0%
3.2%
FY23/3
FY24/3
Income
-
Japan
Thailand
Other
Rate
10
※Rounded down
to the nearest
million yen
NICHIDAI CORPORATION
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Nichidai Corporation published this content on
15 May 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
15 May 2024 11:00:34 UTC.
NICHIDAI CORPORATION is a Japan-based company mainly engaged in the development, manufacturing and sales of precision-forged dies and precision-forged products, etc. The Company operates in three segments. The Net-shape segment is centered on auto parts manufacturers and engaged in manufacturing and sales of auto parts such as precision-forged dies for cold forging, scroll compressor parts for air conditioners, various gears, etc. The Assembly segment is involved in the manufacturing and sales of parts for turbochargers. The Filter segment supplies sintered metal filters that are used in the petrochemical, pharmaceutical, food, nuclear power and other fields.