NITTAN Corporation

Tokyo Stock Exchange 6493.T

NITTAN Corporation Return on Assets (ROA) for the year ending March 31, 2024: 0.95%

NITTAN Corporation Return on Assets (ROA) is 0.95% for the year ending March 31, 2024, a 38.58% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

NITTAN Corporation Return on Assets (ROA) for the year ending March 31, 2023 was 0.69%, a -41.52% change year over year.
NITTAN Corporation Return on Assets (ROA) for the year ending March 31, 2022 was 1.18%, a -4.92% change year over year.
NITTAN Corporation Return on Assets (ROA) for the year ending March 31, 2021 was 1.24%, a 61.24% change year over year.
NITTAN Corporation Return on Assets (ROA) for the year ending March 31, 2020 was 0.77%, a -45.65% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

Tokyo Stock Exchange: 6493.T

NITTAN Corporation

CEO	Mr. Lee Tai Hwan
IPO Date	Jan. 4, 2001
Location	Japan
Headquarters	518 Soya
Employees	2,579
Sector	Consumer Discretionary
Industries Automotive Parts Automobiles & Vehicles Cleaning Supplies Composite Materials Hardware & Electronics Machinery Motorcycles Plastics

Description

NITTAN Corporation manufactures and distributes engine valves in Japan. The company offers engine valves for engines in automobiles, motorcycles and scooters, trucks, and buses; and engine valves for marine and general-purpose products for engine manufacturing customers, as well as for generators, tillers, mowers, etc. It also manufactures and sells precision forged gears and automatic transmission parts for automobiles, trucks, agricultural, construction, and industrial machinery. In addition, the company manufactures and sells valve lifters, roller rocker arms, and machine tools; and produces, processes, and sells chemical free vegetables. The company was formerly known as Nittan Valve Co., Ltd. and changed its name to NITTAN Corporation in April 2022. NITTAN Corporation was founded in 1948 and is headquartered in Hadano, Japan.

Key trends

Past 5 years