Nitto Denko Corporation

Nitto Denko Corporation

NDEKF
Nitto Denko CorporationUS flagOther OTC
17.72
USD
- -
- -
11.94BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
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
- -
645.89
Basic EPS, GAAP
53.1
62.92
94.35
99.05
78.19
107.8
84.7
60.26
94.54
131.26
147.75
143.91
- -
81.07
Free Cash Flow per Basic Share
82.81
4.89
80.15
94.11
94.59
91.4
49.55
81.59
78.86
115.59
156.7
122.99
- -
99.1
Dividend per Share
19.99
19.99
20.99
27.04
29
31.05
34.27
38.11
40.64
42
46.08
50.51
- -
25.7
Book Value per Share
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
- -
1,206.61
Tangible Book Value per Share
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
- -
1,283.69
Basic Weighted Avg Shares
823
825
825
825
812
811
786
783
743
740
739
713
- -
721
Sales/Revenue/Turnover
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
465,795
Operating Margin (%)
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
16.03
Depreciation Expense
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
Net Income, GAAP
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
58,463
Effective Tax Rate (%)
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
21.66
Profit Margin (%)
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
12.55
Working Capital
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
521,679
LT Debt
50,987
3,510
3,000
3,000
3,000
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
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
1,009,332
Return on Invested Capital (%)
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
5.85
Return on Capital (%)
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
7.15
Return on Common Equity (%)
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
7.05

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
2,005,155
1,859,508
1,759,118

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
5.53%
8.71%
6.1%
Free Cash Flow
10.57%
15.29%
27.53%
Net Income, GAAP
9.46%
25.47%
33.66%
Sales/Revenue/Turnover
2.35%
6.6%
10.79%
Total Cash Common Dividend
8.4%
5.03%
5.55%

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
- -
- -
- -
- -
- -

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
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
24.36
- -
25.04
- -
50.51
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
Hideo Takasaki
Full Time Employees
25,300
Sector
Basic Materials
Industry
Chemicals - Specialty
Address
Grand Front Osaka Osaka Japan 530-0011
IPO Date
May 29, 2002
Website
nitto.com
Business
Nitto Denko Corporation is a global manufacturer of high-performance materials and adhesive products, headquartered in Osaka, Japan, and founded in 1918. The company operates primarily in the manufacturing sector, specializing in diverse product categories including industrial tapes; functional base products such as bonding, joining, protective, processing, and automotive materials; optical films for electronic displays; flexible printed circuit boards; semiconductor manufacturing process products; and breathable porous films. Nitto also supplies personal care materials, including functional films for hygienic use, membrane products for water and gas separation, and medical products tied to oligonucleotide contract manufacturing, nucleic acid synthesis, and drug discovery. These offerings are prominent across multiple industries including electronics, automotive, housing, infrastructure, medical, packaging, and consumer products, with operations spanning Japan, the Americas, Europe, Asia, and Oceania. In recent developments, Nitto Denko has strategically expanded into the augmented reality (AR) market by acquiring a partial stake in TruLife Optics, a UK-based leader in holographic optics for AR glasses. This partnership aims to jointly develop new materials and mass production feasibility for AR glasses, enhancing product performance, cost-effectiveness, and user comfort by leveraging Nitto’s adhesive, film, sheet, and optical design technologies. Additionally, in 2024 Nitto launched advanced sensor films targeting the growing Internet of Things (IoT) market, further diversifying its portfolio of cutting-edge materials. The company continues to pursue its Global Niche Top® strategy by focusing on leading market shares in niche fields through innovation and proprietary sheet and film technologies, while emphasizing ESG-friendly product development and carbon-negative innovation initiatives. Nitto Denko's comprehensive product range and recent strategic moves reflect its broad industry engagement—from electronics components to healthcare and next-generation digital interfaces—supported globally through a network of subsidiaries and affiliates. The corporation's commitment to innovation is underscored by ongoing research and development in nanotechnology, smart materials, and sustainable product solutions aimed at maintaining its competitive edge across advanced industrial markets. This detailed corporate profile encapsulates Nitto Denko Corporation’s core business activities, product lineup, geographic reach, and latest strategic directions as of 2025.