Announcement of Publication of "Niterra Report 2023"
NAGOYA, JAPAN, October 11, 2023 - Niterra Co., Ltd., Japan's leading spark plug and ceramics manufacturer with an evolving portfolio focused on ceramics and beyond, is pleased to announce the publication of its Integrated Report for fiscal year 2023, "Niterra Report 2023.
The Niterra Group has published the Integrated Report for the purpose of disclosing and gaining a deeper understanding of the Group's business strategies and efforts to promote sustainability to all of its stakeholders. Here are some of the highlights of this year's report.
(1) Communicating the Image of "Niterra"
To communicate the image of "Niterra," the new English-language trade name changed in April 2023, the report has been redesigned using the new corporate colors, "Earth Green" and "Shine Yellow".
In addition, the layout has been changed to make it easier to read for many stakeholders.
(2) Posting of Numerous Messages from the Group's Directors and Employees
Messages from the group's executives and employees are posted throughout the report to help stakeholders better understand the Group's aspirations and to encourage a positive and sympathetic response.
3) Communicating the "Competitive Advantage" of Nitera Group
The new pages explaining the "Competitive Advantage" in order to communicate Niterra Group's strengths have been added. On pages 22-24 are trilogies on the theme of "Competitive Advantage" by Mr. Kawai, President and CEO, and two outside directors.
Through this report, the Niterra Group will continue its efforts to further enhance its corporate value by aiming for even higher quality communication with its stakeholders.
Niterra Report 2023" PDF download page: https://www.ngkntk.co.jp/english/ir/library/integration_report.html
About Niterra
Founded in Nagoya, Japan in 1936, Niterra Co., Ltd. (formerly NGK Spark Plug Co., Ltd.) is renowned for its NGK-branded spark plugs and NTK-branded ceramic products. Niterra, a coined word combining the Latin words "niteo" (shine) and "terra" (Earth), was introduced in April 2023 to express the reborn company's commitment to sustainability through an evolving portfolio focused on ceramics and beyond. Under the corporate message "IGNITE YOUR SPIRIT," Niterra is now expanding into the growth fields of mobility, healthcare, environment and energy, and communications. The company's consolidated revenues in fiscal 2022 (to March 2023) totaled 562.6 billion yen (4,167 million USD). Niterra has 33 bases in Japan and 59 overseas, and more than 16,000 employees worldwide. Please visit https://www.ngkntk.co.jp/english/.
NGK Spark Plug Co. Ltd. published this content on 11 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 October 2023 06:12:07 UTC.
Niterra Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of automotive products, ceramic products, and products related to new businesses. The Company has three business segments. The Automobile-related segment is engaged in the manufacture and sale of parts that are mainly assembled into automobiles, such as spark plugs and exhaust gas sensors. The Ceramics segment manufactures and sells cutting tools, industrial equipment components, semiconductor manufacturing equipment components, semiconductor packages, and oxygen concentrators for medical use. The New Business segment is engaged in the manufacture and sale of products related to new businesses such as the environmental energy field. It also sells materials and provides welfare services.