Nitto Kogyo Corporation
Category: AI Infrastructure
Century-old Japanese electrical equipment manufacturer that has expanded into direct-liquid-cooled OCP ORV3 server racks and thermal infrastructure for high-density AI/HPC data centers. Nitto Kogyo Corporation was founded in 1948. The company is led by Akitaka Teshima. Based in Nagakute, Aichi, Japan. Team size: 500+. Latest round: Post-IPO.
- Founded
- 1948
- Headquarters
- Nagakute, Aichi, Japan
- Team size
- 500+
Value proposition
Provides high-density, direct-liquid-cooling rack infrastructure (up to 150kW/rack) enabling data centers to deploy next-gen GPU/AI/HPC servers, backed by decades of expertise in electrical distribution equipment, cabinets, and thermal management manufacturing in Japan.
Products and solutions
OCP ORV3 direct-liquid-cooled server racks, high-voltage receiving equipment, distribution boards/panels, metal cabinets and plastic boxes, system racks, EV/PHEV charging equipment, thermal/heat management devices (CABIoT IoT thermal monitoring), optical connection boxes.
Unique value
Combines 75+ years of Japanese electrical/thermal engineering manufacturing scale with new-generation direct-liquid-cooling rack design (OCP ORV3 standard) purpose-built for ultra-high-density AI/HPC workloads.
Target customer
Data center operators and hyperscale/colocation providers (e.g., MC Digital Realty) deploying high-density AI/HPC infrastructure; also industrial, utility, and EV-infrastructure customers across its broader electrical equipment business.
Industries served
Data Center / AI Infrastructure, Electrical Equipment, EV Charging Infrastructure, Industrial Manufacturing, Telecommunications
Technology advantage
Deep domestic manufacturing base (8 production plants in Japan) and long-standing relationships with utilities/data-center operators, now applied to OCP Open Rack V3 direct-liquid-cooling design validated at 150kW/rack in a live AI/HPC test facility.
How they differentiate
Domestic Japanese manufacturing scale and long incumbency in electrical distribution equipment, paired with new direct-liquid-cooling OCP ORV3 rack products validated in a real AI/HPC test environment (DRIL), versus global thermal-management specialists like Vertiv/Rittal/Schneider.
Main competitors
Vertiv, Rittal, Schneider Electric (global liquid-cooling/data-center infrastructure), also Fujitsu and NEC in the Japan data-center cooling market.
Key partnerships
MC Digital Realty (rack adopted at its DRIL AI-infrastructure validation facility in Chiba, Japan), participant in Open Compute Project (OCP) ORV3 rack standard ecosystem.
Notable customers
MC Digital Realty (DRIL AI-infrastructure validation facility, Chiba, Japan)
Major milestones
Founded Nov 1948, listed on Tokyo Stock Exchange Jan 1981 (now TSE Prime), Aug 2026 — OCP ORV3 direct-liquid-cooled rack adopted at MC Digital Realty's DRIL AI/HPC test facility in Chiba supporting up to 150kW/rack, June 2026 — Akitaka Teshima appointed President & COO succeeding Toru Kurono.
Growth metrics
FY2026 (ended March 2026) consolidated revenue ¥195.7B (~$1.3B); market capitalization ~¥178-184B (~$1.2B) as of Aug 2026; consolidated employees 5,358.
Market positioning
Established Japanese electrical-equipment leader pivoting a portion of its product portfolio into the fast-growing AI-data-center liquid-cooling infrastructure segment, positioned as a domestic alternative/complement to global cooling vendors.
Geographic focus
Primarily Japan, with data-center liquid-cooling ambitions supporting the broader APAC AI-infrastructure buildout.
About Akitaka Teshima
Joined Nitto Kogyo in 1988 after graduating from Aichi University (Law/Economics); rose through the company becoming Director (2020), Managing Director (2024), and President & COO (June 2026). Also served as President of Tohoku Nitto Kogyo Corporation.
Latest news about Nitto Kogyo Corporation
More AI Infrastructure companies
Official website: https://www.nito.co.jp
