Nitto Denko Corporation is a Japanese company that produces tapes, vinyl, LCDs, insulation, and several other products. It was founded in Osaki, Tokyo in 1918 to produce electrical insulation and it survived World War II, despite the destruction of its central offices which have since moved to Osaka. Nitto is a member of the Mitsubishi UFJ Financial Group (MUFG) keiretsu.

A neodymium magnet (also known as NdFeB, NIB or Neo magnet) is a permanent magnet made from an alloy of neodymium, iron, and boron to form the Nd2Fe14B tetragonal crystalline structure. They are the most widely used type of rare-earth magnet.