Nichidai has completed the establishment of a joint venture in India and has made an investment in July 2026. The company aims to expand its business and increase revenue moving forward.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"6467","jir_company_name":"Nichidai Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-07-23","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/6467-20260723-02.pdf","jir_short_summary":"Nichidai has completed the establishment of a joint venture in India and has made an investment in July 2026. The company aims to expand its business and increase revenue moving forward.","jir_summary":"### Overview of Business Strategy and Joint Venture Establishment\nNichidai has established a joint venture with Sunsera Co. to expand its business in the Indian market, completing the investment. The new company is named Nichidai Sansera Private Limited, which will manufacture and sell precision components. The establishment is scheduled for February 2026, with an investment of 80,000 Indian Rupees (\u00a5132,800), and Nichidai's shareholding ratio is 40%. Future capital increases are also planned, aiming to strengthen competitiveness and revenue growth in India's growing market.\n\n### Future Outlook and Impact on Business Performance\nThe joint venture will be accounted for using the equity method and is expected to contribute to Nichidai's mid- to long-term performance and corporate value enhancement. Although initial costs will be reflected in the consolidated results for the fiscal year ending March 2027, the actual impact may vary depending on progress, as the business is in its startup phase. As part of its medium-term management strategy, the company will promote global expansion and new business creation.","jir_financial_highlights":"Investment Amount: 80,000 Indian Rupees (\u00a5132,800) (New Investment)\nShare Capital of the Joint Venture: 200,000 Indian Rupees (Unknown) (New Establishment)\nShareholding Ratio: 40% (New Shareholding Ratio)","jir_category":"","jir_hashtags":"#Nichidai, #IRRelated, #JapaneseStocks","jir_key_figures":"Investment Amount: 80,000 Indian Rupees (\u00a5132,800)\nShare Capital of the Joint Venture: 200,000 Indian Rupees (Unknown)\nShareholding Ratio: 40%","jir_meta_title":"[Nichidai] Completion of Indian Joint Venture Establishment | July 2026","jir_meta_description":"Nichidai has completed the establishment of an Indian joint venture and aims for future business expansion and revenue growth. Details of the investment and strategy are provided.","jir_og_title":"[Nichidai] Completion of Indian Joint Venture Establishment | July 2026","jir_og_description":"Nichidai has completed establishing a joint venture in India, promoting business expansion and revenue growth. Please check for detailed information.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":60747,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-86848","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n