NICHIDAI

What NICHIDAI does

NICHIDAI Corporation (株式会社ニチダイ, TSE: 6492), founded in 1959 in Osaka and now headquartered in Ujitawara, Kyoto, is a Japanese precision forging technology company that designs and manufactures cold-forging molds and precision forged components, with a complementary multi-layer sintered metal mesh filter business. The company holds the top domestic market share in cold-forging molds and operates three business segments: (1) mold and die-set business, including precision forging molds, die sets, and the Forging DX / Intelligent Die Set IoT-augmented product line; (2) precision forged parts business producing bevel gears, helical gears, cross joints, scrolls, turbocharger components, and differential, compressor, and driveline assemblies; and (3) filter business, run via wholly-owned Nichidai Filter, supplying diffusion-bonded stainless steel mesh filters for aerospace (JAXA H-IIA, H-IIB, H3 rockets), marine ballast water, food and beverage, petrochemical, and pharmaceutical applications. Proprietary forming methods include dual-action (複動) forming, helical gear low-load forming that cuts forming load by more than 80% versus conventional methods, and a forging-plus-rolling process targeting lithium-ion battery cases for hybrid and electric vehicles.

NICHIDAI serves Japanese and global automobile manufacturers and Tier 1/2 automotive parts manufacturers through direct sales, with wholly-owned manufacturing and sales subsidiaries in Thailand (NICHIDAI (THAILAND) LTD. and NICHIDAI ASIA CO., LTD.), the United States (NICHIDAI U.S.A. CORPORATION), and India via a January 2026 joint venture with Sansera Engineering (Sansera 60% / Nichidai 40%, headquartered in Bengaluru) for forged and machined automotive components. The Thailand operations represent approximately 40% of group headcount. Revenue is generated primarily through one-time mold sales, hardware sales of forged parts and filters, and contract development services; pricing is quote-based B2B with no public disclosure. Reported revenue declined from approximately ¥101B in FY2022 to ¥77B in FY2025 while EBITDA and net income returned to profitability, consistent with a turnaround profile supported by the recent India JV entry, Hydrogen Value Chain Promotion Council participation, Forging DX / IoT initiatives, ISO 14001 certification (January 2026), and governance reforms including a Nomination and Compensation Committee (March 2026).

Name

NICHIDAI

Legal name

株式会社ニチダイ (NICHIDAI CORPORATION)

Website

https://nichidai.jp

Company type

Public

Founded year

1959

Operating status

Operating

Headcount range

501–1,000 employees

Short description

NICHIDAI (TSE: 6492) is a Japanese precision cold-forging mold and forged-components manufacturer with top domestic market share, serving global automakers, Tier 1/2 parts makers, and aerospace/marine filtration customers through wholly-owned subsidiaries in Thailand, the USA, and a new India JV with Sansera Engineering.

Ownership category

akta.pro rank

Headquarters

HQ city

Kyoto

HQ country

Japan

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Precision cold-forging molds: Design and manufacture of precision cold-forging molds (tools) for automotive applications including bevel gears, helical gears, cross joints, and scrolls. Sold directly to automobile manufacturers and automotive parts manufacturers domestically and internationally.
2. Precision forged parts: Precision forged products manufactured using proprietary molds and press equipment. Includes turbocharger components assembly for gasoline and diesel vehicles meeting environmental regulations. Components sold to automotive manufacturers.
3. Laminated sintered metal mesh filters: Filters manufactured using stainless steel mesh diffusion bonding technology. Applications include food, petrochemical, pharmaceutical industries, and aerospace (rockets). Sold to various industrial customers worldwide.
4. Contract development services: Custom development services for specialized forging and filtration solutions, including collaborative development with customers and academic institutions.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

NICHIDAI designs and manufactures precision cold-forging molds, die sets, precision forged components (including bevel gears, helical gears, cross joints, scrolls, and turbocharger assemblies), and laminated sintered metal mesh filters using diffusion bonding technology. Its products are sold primarily to domestic and global automobile manufacturers, automotive parts makers, and industrial filtration customers in aerospace, marine, food, pharmaceutical, and chemical sectors.

Product overview

NICHIDAI operates as a precision forging technology company with three main business segments: (1) Mold Business offering precision forging molds and die sets (core cold forging molds hold top domestic share), (2) Precision Parts Business manufacturing forged components and turbocharger assemblies, and (3) Filter Business producing multi-layer sintered metal mesh filters. The company also provides contract development services and has launched a Forging DX initiative incorporating IoT for intelligent die set solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Precision Forging Molds (精密鍛造金型)

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

One partnership is on record.

• Sansera EngineeringcoreStrategic or Co-development Partner · 29 January 2026Joint venture to manufacture precision forged and machined components in aluminium and steel for automotive applications including differential assemblies, compressors, and driveline systems. Incorporated as a private limited company in Bengaluru, India. Sansera Engineering holds 60% equity stake, Nichidai holds 40%. Initial authorized share capital of ₹2 crore. Components sold in both Indian domestic and overseas markets, expanding Sansera's manufacturing portfolio.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Porvair Filtration Group: UK-listed specialist in industrial and aerospace filtration, including sintered metal media. Comparable to Nichidai Filter's diffusion-bonded sintered mesh filters across aerospace, marine, and process industries.
• Sansera Engineering: Indian precision forged and machined components manufacturer serving automotive and aerospace OEMs. Sansera is NICHIDAI's JV partner in the newly formed India entity producing differential, compressor, and driveline parts — overlapping product portfolio, customers, and process technology.
• Bharat Forge: One of the world's largest forging companies, producing precision-forged components for automotive, aerospace, and industrial customers. Direct competitor to NICHIDAI in precision forging with overlapping ICE/driveline, e-mobility, and aerospace exposure.
• Mott Corporation: US manufacturer of sintered porous metal filters and custom filtration solutions for aerospace, semiconductor, and process industries. Directly comparable technology and customer profile to Nichidai Filter.
• Gestamp: Spanish multinational focused on metal automotive components through stamping, cold forming, and welding. Highly comparable to NICHIDAI's cold-forging process technology, customer base (global OEMs), and exposure to chassis/body structural parts.

Broad incumbents

• Linamar Corporation: Canadian tier-1 supplier of precision-machined and forged components for automotive and industrial markets. Overlaps with NICHIDAI's precision forged driveline/chassis parts serving global OEMs, but at a much larger scale across multiple process technologies.
• Magna International: World's largest automotive parts manufacturer with significant metal forming and powertrain capabilities. Comparable end-markets and customer base to NICHIDAI, but operates as a broad incumbent across the full vehicle portfolio.
• MISUMI Group: Japanese manufacturer and distributor of factory automation, mechanical components, and dies/molds. Adjacent to NICHIDAI's die set and precision components businesses with overlapping Japanese B2B industrial customers.
• Sodick: Japanese precision machinery and EDM equipment manufacturer serving mold/die makers and metal processors. Comparable Japanese B2B customer base and precision-manufacturing DNA to NICHIDAI's mold business.
• Pall Corporation (Danaher): Global filtration leader serving aerospace, microelectronics, and industrial process customers. Overlaps with Nichidai Filter in aerospace and industrial filtration, but as a much larger diversified incumbent rather than a specialized niche player.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/nd_baseball1997
• YouTubeyoutube.com/channel/UCoSHYIxoLc408GXYDczYMTw
• Facebookfacebook.com/nichidaibaseball
• LinkedInlinkedin.com/company/nichidai-corp
• Instagraminstagram.com/nichidai.official

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NICHIDAI