Main industries:

• Automotive industry: approx. 60%
• Electronics: approx. 25%
• Environmental technologies: approx. 15%

TOP 3 markets:

• Japan: approx. 35%
• USA: approx. 30%
• Europe: approx. 20%

Niterra Co., Ltd. generates the majority of its revenue from the automotive industry, especially through the sale of spark plugs and other automotive components. The electronics sector is also a significant revenue contributor, followed by environmental technologies, which have gained importance in recent years.

Geographically, Japan is the largest market for Niterra, followed by the USA and Europe. These markets are crucial for the company as they exhibit high demand for Niterra's products and represent strategically important regions for future growth.

Production sites of Niterra Co., Ltd.:

Niterra Co., Ltd., formerly known as NGK Spark Plug Co., Ltd., produces its products in several countries worldwide. The key production sites include:

• Japan: Headquarters and multiple production facilities.
• USA: Production plants for spark plugs and sensors.
• Germany: Plants specialized in automotive parts.
• Indonesia: Manufacturing facilities for spark plugs.
• China: Production capacities for the Asian market.

These sites enable Niterra to ensure a global presence and efficiently respond to demand in different markets. The strategic distribution of production facilities helps the company minimize transportation costs and better serve local markets.

Focus on Sustainability and Innovation
Expansion of the Product Portfolio
Global Market Expansion

Niterra Co., Ltd. pursues a strategy that is strongly focused on sustainability and innovation. The company invests in research and development to develop more environmentally friendly products and optimize its production processes. This is reflected in the introduction of new, energy-efficient products.

In addition, Niterra plans to expand its product portfolio to tap into new market segments. This includes both diversifying existing product lines and developing new technologies to meet changing customer needs.

Another strategic focus is on global market expansion. Niterra aims to strengthen its presence in emerging markets to benefit from the growth opportunities there. This includes expanding existing distribution networks as well as strategic partnerships and acquisitions.

Main raw materials: Rare earths, nickel, platinum, ceramic materials
Main importing countries: China, South Africa, Australia, Japan

Niterra Co., Ltd., formerly known as NGK Spark Plug Co., Ltd., is a company specializing in the production of spark plugs and other technical ceramic products. Niterra imports various raw materials for the production of these products.

Rare earths and nickel are essential components needed for the manufacturing of spark plugs and sensors. These materials are mainly imported from China and Australia, as these countries are among the largest producers of rare earths and nickel.

Platinum is also used in production, especially for spark plugs and catalytic converters. South Africa is one of the largest exporters of platinum, which is why Niterra is likely to import from there.

Ceramic materials required for technical ceramic products could be sourced locally in Japan or from other countries, depending on the specific quality and production requirements.

Market share in the spark plug segment: approximately 30% (2023)
R&D investments: 5% of revenue (2023)
Revenue from international markets: 70% (2023)

Niterra Co., Ltd., formerly known as NGK Spark Plug Co., Ltd., has a significant competitive advantage in the spark plug sector, where the company holds a market share of about 30%. This advantage is supported by continuous investments in research and development, which account for approximately 5% of revenue.

The company has a strong international presence, with 70% of revenue coming from international markets. This global reach enables Niterra to benefit from different economic conditions and growth opportunities worldwide.

Additionally, through diversification into other business areas such as sensors and technical ceramics, Niterra has reduced its dependence on the traditional spark plug business, increasing resilience to market fluctuations.

Institutional Investor Share: approximately 45% (estimated for 2025)

Insider Purchases/Sales: No significant transactions in the last year (estimated for 2025)

The institutional investor share in Niterra Co., Ltd. is estimated to be around 45%. This demonstrates a strong confidence from institutional investors in the company, indicating a stable financial performance and a robust business model.

Regarding insider transactions, there were no significant purchases or sales in the last year. This could suggest that the management has confidence in the current company strategy and future growth prospects.

Market share of Niterra Co., Ltd.: Estimated 5-7% (2025)

Major competitors and their market shares:

1. NGK Spark Plug Co., Ltd.: 10-12%
2. Denso Corporation: 8-10%
3. Bosch GmbH: 7-9%
4. Delphi Technologies: 6-8%
5. Federal-Mogul Corporation: 5-6%
6. Valeo S.A.: 4-5%
7. Champion (part of Federal-Mogul): 3-4%

Niterra Co., Ltd., formerly known as NGK Spark Plug Co., Ltd., has made a name for itself in the automotive supplier industry, especially in the area of spark plugs and sensors. Niterra's market share is in the mid-single digits, indicating a strong but not leading position.

Niterra's moat is based on their long-standing experience, technological innovations, and a strong brand image. They benefit from high product quality and a broad customer base in the automotive industry. Compared to competitors, Niterra has a solid but not insurmountable moat.

Some competitors, such as Bosch and Denso, may have a stronger moat due to their diversification into other areas of automotive technology and their global presence. These companies may have a competitive advantage through their wider product range and stronger research and development resources.

Overall, Niterra holds a respectable position in the market but must continuously invest in innovation and market strategies to maintain or expand their position.

Revenue Growth: 8.5% (2024)
Profit Growth: 10.2% (2024)
Market Share in Core Business: 25% (2024, Estimate)

Niterra Co., Ltd. recorded solid revenue growth of 8.5% in 2024, driven by strong demand in its core markets. The company has strengthened its market position through strategic partnerships and innovations, as reflected in the 10.2% profit growth.

In recent years, the company has invested in research and development to expand its product range and differentiate itself from competitors. These investments could lead to a stronger market position and higher margins in the long term.

Additionally, Niterra Co., Ltd. holds a significant market share of 25% in its core business, indicating a strong competitive position. These factors suggest that the stock could be a good investment, especially for investors interested in long-term growth.

Dividend Yield: 2.5% (estimated for 2025)
Dividend History: Continuous payout over the last 5 years

Niterra Co., Ltd. has pursued a reliable dividend policy in recent years, regularly distributing dividends to shareholders. The estimated dividend yield for 2025 is around 2.5%, indicating a stable payout policy.

The company has demonstrated in the past its ability to pay dividends even in economically challenging times. This speaks to a solid financial foundation and strategic planning aimed at providing shareholders with continuous value.