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Air Water Acquires to Affiliate NTK Medical Manufacturing Oxygen Concentrators 

 NTK Medical which is engaged in the nationwide business of oxygen concentrator (stationary type) for home oxygen therapy and has been a medical equipment manufacturer since April 2021 when it was split from Niterra for the dedicated business. Inside the industry the company is well known for the engagement in the business of OEM equipment for the major distributors, of which sales amount has reached about ¥900 million.   

  After joining the group, the company changed the name into Air Water Biodesign. In the Air Water Group, there was a company of the same name and it is now taken over. In addition, the head office of the company is moved into the premises of Miwa Business Office of Air Water Safety Service from the present Niterra’s Komaki Plant.  .    

  With regard to the reason for grouping at this time, Air Water points out necessity to have a function to follow the market of West Japan. Air Water Medical which handles oxygen concentrators in the group has had an issue of the expanding logistic cost for the sales and maintenance of the equipment because the base is integrated in Kanto Area although the deliveries of sold equipment are expanding across the country.  

  To undertake grouping at this time, the company had an idea to realize reinforcement of business efficiency in the West Japan area by means of affiliating NTK Medical which has a business base in Aichi Prefecture.

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