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Nitto Denko Corporation

Nitto Denko Corporation

6988.T
Nitto Denko CorporationJP flagTokyo Stock Exchange
3,213.00
JPY
-18.00
- -
2.16TMarket Cap
Nitto Denko Corporation
6988.T
(Tokyo Stock Exchange)

Recent

price

3,213.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
772.91
738.95
815.64
908.77
999.82
961.63
945.97
1,057.76
1,026.3
946.98
1,024.8
1,153.34
1,257.35
1,282.65
1,446.09
1,518.79
645.89
Revenue per Share
67.47
37.78
53.1
62.92
94.35
99.05
78.19
107.8
84.7
60.26
94.54
131.26
147.75
143.91
195.74
197.2
81.07
Basic EPS, GAAP
117.48
71.13
82.81
4.89
80.15
94.11
94.59
91.4
49.55
81.59
78.86
115.59
156.7
122.99
159.61
- -
99.1
Free Cash Flow per Basic Share
11.98
20
19.99
19.99
20.99
27.04
29
31.05
34.27
38.11
40.64
42
46.08
50.51
54.26
- -
25.7
Dividend per Share
514.35
501.99
535.2
578.99
648.59
710.72
777.11
854.16
825.64
856.61
892.04
990.15
1,100.38
1,170.11
1,307.66
1,386.76
1,206.61
Book Value per Share
498.17
519.25
550.92
612.32
726.89
733.11
780.34
832.4
867.83
862.81
940.2
1,085.96
1,113.71
1,259.07
1,384.82
1,577.68
1,283.69
Tangible Book Value per Share
826
822
823
825
825
825
812
811
786
783
743
740
739
713
701
677
721
Basic Weighted Avg Shares
638,556
607,639
671,253
749,504
825,243
793,054
767,710
857,376
806,495
741,018
761,321
853,448
929,036
915,139
1,013,878
1,028,171
465,795
Sales/Revenue/Turnover
13.35
9.3
10.2
9.67
12.93
12.91
12.06
14.66
11.5
9.41
12.32
15.5
15.84
15.2
18.31
17.86
16.03
Operating Margin (%)
39,940
36,806
36,467
43,223
45,662
48,537
48,556
49,283
45,904
49,390
47,950
50,211
57,362
60,811
65,595
- -
30,910
Depreciation Expense
55,743
31,066
43,696
51,892
77,876
81,683
63,453
87,377
66,560
47,156
70,235
97,132
109,173
102,679
137,237
133,498
58,463
Net Income, GAAP
32.42
37.12
30.14
26.12
26.35
19.61
30.61
30.68
27.52
31.57
24.66
26.55
25.59
26.02
25.91
27.81
21.66
Effective Tax Rate (%)
8.73
5.11
6.51
6.92
9.44
10.3
8.27
10.19
8.25
6.36
9.23
11.38
11.75
11.22
13.54
12.98
12.55
Profit Margin (%)
266,294
284,502
293,814
259,075
321,826
348,436
389,241
434,591
423,058
414,161
427,234
514,249
488,941
511,101
528,474
571,324
521,679
Working Capital
56,000
56,000
50,987
3,510
3,000
3,000
3,000
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
419,673
435,935
467,410
524,552
615,776
617,890
654,420
693,994
701,187
690,203
716,685
822,105
903,194
985,048
1,045,114
1,149,102
1,009,332
Total Equity
11.7
7.08
9.18
9.43
12.7
12.93
9.86
12.52
9.44
6.78
9.89
12.38
12.43
10.72
13.27
11.83
5.85
Return on Invested Capital (%)
11.84
6.49
8.97
10.17
14.41
14.44
10.48
13.18
10.08
7.3
10.63
14.03
14.28
12.65
15.9
14.52
7.15
Return on Capital (%)
13.87
7.42
10.24
11.31
15.38
14.57
10.43
13.21
9.93
7.15
10.54
13.92
14.13
12.46
15.67
14.39
7.05
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
345
- -
396
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
707
- -
702
Market Capitalization
1,995,055
1,826,077
1,722,505

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
717,957
- -
746,070
Cash, Cash Equivalents & STI
347,489
- -
349,930
Accounts Receivable, Net
209,341
- -
222,862
Inventories
136,804
- -
143,048
Total Current Liabilities
206,856
- -
224,391
Payables & Accruals
- -
- -
- -
ST Debt
345
- -
396
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.5%
9.94%
9.95%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
8.7%
15.14%
-2.72%
Sales/Revenue/Turnover
2.88%
6.33%
1.41%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
208,455
240,888
244,556
221,239
915,139
2025
- -
- -
- -
- -
1,013,878
2026
- -
- -
- -
- -
1,028,171

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
21.1
40.75
50.51
- -
143.91
2025
- -
- -
- -
- -
195.74
2026
- -
- -
- -
- -
197.2

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
24.36
- -
25.04
- -
50.51
2025
- -
- -
- -
- -
54.26
2026
- -
- -
- -
- -
- -
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Business
Nitto Denko Corporation, founded in 1918 and headquartered at the 33rd Floor of Grand Front Osaka in Kita-ku, Osaka, Japan, manufactures and sells advanced functional materials globally, operating through 89 companies across regions including the Americas, Europe, China, and Asia. The company produces a broad portfolio of core products encompassing industrial tapes such as double-sided tapes, surface protective films, sealing materials, masking tapes, and packaging tapes; materials for housing, construction, and semiconductor manufacturing processes; tapes for electrical and electronic equipment; fluoroplastic sheets and tapes under the NITOFLON brand; fluoroplastic porous films; porous sheets and breathable materials; functional thermal transfer systems; optical materials including polarizing films and transparent conductive films for displays and touch panels; circuit board materials like flexible printed circuit boards; reverse osmosis membranes for water desalination; and medical products such as transdermal therapeutic patches, surgical tapes, dressings, and hygiene products. Nitto Denko serves diverse industries including electronics, automotive, housing, infrastructure, displays, medical, packaging, consumer goods, and energy, with target customers ranging from semiconductor and display manufacturers to healthcare providers and construction firms. In recent developments, Nitto Denko announced a strategic partnership and significant equity investment with Aqualung Carbon Capture in September 2025 to jointly develop membrane-based CO2 separation technology for carbon capture and storage, aiming for demonstration trials in fiscal 2026. The company also formed a strategic partnership and investment with Numat Technologies in July 2025 to advance metal-organic framework materials for next-generation decarbonization solutions in energy and chemicals sectors. These alliances underscore Nitto Denko's focus on sustainability and innovation in negative emission technologies, complementing its ongoing product advancements like sintering bonding films and lighter adhesive materials for CO2 emission reduction.