Nitto Boseki Co., Ltd.

Nitto Boseki Co., Ltd.

3110.T
Nitto Boseki Co., Ltd.JP flagTokyo Stock Exchange
3,515.00
JPY
-55.00
- -
639.82BMarket Cap
Nitto Boseki Co., Ltd.
3110.T
(Tokyo Stock Exchange)

Recent

price

3,515.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
413.43
421.99
414.54
411.95
427.1
452.78
432.69
420.14
435.23
424.15
441.87
405.83
433.29
466.8
512.26
599
277.57
Revenue per Share
6.39
14.07
7.19
14.25
19.36
23.02
28.1
37.71
52.79
41.15
29.75
41.75
33.61
14.78
40.08
70.52
20.77
Basic EPS, GAAP
4.57
58.05
23.25
31.22
60.99
74
83.71
55.64
40.12
27.41
54.71
40.29
35.9
40.76
27.78
105.04
- -
Free Cash Flow per Basic Share
4.11
4
5
5
5
5
5
9.04
7.52
8.5
8
9.5
9
9.18
11.05
12.05
- -
Dividend per Share
188.09
208.79
211.06
220.37
234.77
253.89
277.06
282.43
333.68
366.67
388.01
420.28
444.97
439.31
481.34
539.84
504.63
Book Value per Share
249.31
270.64
271.74
294.33
307.31
356.89
369.26
386.19
443
459.03
494.83
524.73
554.44
564.31
662.7
729.33
698.98
Tangible Book Value per Share
211
199
199
199
199
199
199
198
194
194
194
194
194
188
182
182
182
Basic Weighted Avg Shares
87,107
84,158
82,638
82,103
85,104
90,223
86,199
83,324
84,526
82,292
85,722
78,727
84,051
87,529
93,253
109,035
50,519
Sales/Revenue/Turnover
2.49
7.72
7.18
8.06
7.61
9.85
12.64
13.38
12.82
9.96
9.52
7.58
8.65
5.58
8.99
15.08
10.43
Operating Margin (%)
5,945
5,990
5,481
5,354
4,713
4,692
4,603
4,130
4,164
4,080
5,388
6,332
7,082
8,208
7,166
7,941
- -
Depreciation Expense
1,347
2,806
1,433
2,840
3,858
4,588
5,598
7,479
10,253
7,984
5,771
8,100
6,519
2,772
7,296
12,837
3,780
Net Income, GAAP
26.26
6.26
64.58
45.92
37.94
44.07
35.62
27.7
28.96
18.43
21.75
26.17
23.02
37.27
19.54
24.86
23.97
Effective Tax Rate (%)
1.55
3.33
1.73
3.46
4.53
5.09
6.49
8.98
12.13
9.7
6.73
10.29
7.76
3.17
7.82
11.77
7.48
Profit Margin (%)
24,271
31,525
30,575
28,984
33,014
35,876
36,638
38,714
40,339
40,608
51,091
60,012
48,974
58,176
57,277
75,114
64,716
Working Capital
15,826
19,674
21,014
20,566
21,657
19,103
18,543
15,189
9,382
12,141
27,033
31,012
26,419
27,222
22,673
34,625
27,821
LT Debt
54,567
55,785
55,810
60,134
63,370
73,227
75,454
78,279
87,546
90,738
98,702
104,388
110,635
108,947
123,706
135,828
130,404
Total Equity
2.18
8.24
2.72
4.46
4.79
5.56
7.48
8.49
7.92
6.6
5.55
3.33
4.06
2.23
4.74
7.68
2.3
Return on Invested Capital (%)
3.23
5.69
2.5
4.78
6.12
6.85
8.03
10.45
14.11
10.19
6.06
7.2
5.55
2.39
6.61
10.15
2.71
Return on Capital (%)
3.42
6.91
3.42
6.61
8.51
9.42
10.58
13.45
16.97
11.75
7.88
10.33
7.77
3.29
8.58
13.81
4.28
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
30,464
- -
21,474
LT Borrowings
21,638
- -
26,830
LT Finance Leases
1,035
- -
991
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
36
- -
36
Market Capitalization
217,362
236,244
214,404

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
108,960
- -
105,652
Cash, Cash Equivalents & STI
23,664
- -
22,898
Accounts Receivable, Net
32,529
- -
30,170
Inventories
48,750
- -
50,444
Total Current Liabilities
51,683
- -
40,936
Payables & Accruals
- -
- -
- -
ST Debt
30,464
- -
21,474
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.46%
6.71%
9.8%
Free Cash Flow
23.45%
43.35%
278.11%
Net Income, GAAP
24.54%
40.5%
75.95%
Sales/Revenue/Turnover
2.14%
5.24%
16.92%
Total Cash Common Dividend
- -
7.6%
9.05%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20,297
22,437
25,307
25,212
93,253
2025
- -
- -
- -
- -
109,035
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5.82
- -
- -
- -
40.08
2025
- -
- -
- -
- -
70.52
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
11.05
2025
- -
- -
- -
- -
12.05
2026
- -
- -
- -
- -
- -
Business
Nitto Boseki Co., Ltd. manufactures, processes, and sells glass fiber products, chemical products, pharmaceutical products, and textile products primarily in Japan with global operations. The company operates through segments including electronic materials with glass fiber yarn and cloth for printed circuit boards, low thermal expansion glass cloth (NE-glass, T-glass) for high-performance servers and semiconductors; life science with in vitro diagnostic reagents such as Serum IgG4 for clinical analyzers; industrial materials featuring glass fiber for reinforced plastics, glass wool for thermal insulation, and vibration-damping materials for automobiles; textiles encompassing core-spun yarn, stretch fabrics, interlining, and functional materials like biodegradable double dot adhesive interlining; chemicals including functional polymers (polyallylamine series), nanocomposite materials, and specialty products for daily applications; and other operations such as dishcloths and beverages. Founded in 1923 (with roots tracing to 1898 via predecessor Koriyama Kenshi Boseki Co., Ltd.), Nitto Boseki maintains headquarters in Tokyo's Chiyoda-ku and a head office in Fukushima, employing 2,745 consolidated staff as of March 2025. Recent developments include receiving JPY 2.4 billion in government grants from Japan's Ministry of Economy, Trade and Industry in August 2025 to bolster domestic production of low thermal expansion glass cloth for advanced logic integrated circuits; Nittobo Medical securing Taiwan Food and Drug Administration approval in February 2025 for its Serum IgG4 reagent; launching a filament-type biodegradable interlining in May 2025 via Nittobo Advantex in partnership with Bioworks to promote fashion industry recycling; subsidiaries Nittobo Fukushima Enterprise Center and Fuji Fiber Glass Co., Ltd. attaining ISCC PLUS certification for sustainable materials in October and November 2024, respectively; achieving trial success in November 2025 for recycling flat glass fiber from waste solar panels; and unveiling a new organic polymer in September 2025 for recyclable water-based batteries.