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Nitto Denko Corporation

Nitto Denko Corporation

NDEKF
Nitto Denko CorporationUS flagOther OTC
22.50
USD
- -
- -
14.94BMarket Cap
Nitto Denko Corporation
NDEKF
(Other OTC)

Recent

price

22.50

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
1,282.64
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
122.98
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
509.09
500.13
564.56
631.97
741.19
757.18
805.51
865.7
893.13
895.85
967.61
1,109.61
1,236.6
1,391.36
1,502.42
1,704.16
1,436.7
Book Value per Share
499.24
489.82
547.55
608.28
722.05
740.79
779.48
841.62
868.62
876.3
942.99
1,084.59
1,126.55
1,268.73
1,395.66
1,583.83
1,317.62
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 (%)
11.82
6.39
8.56
9.55
12.97
13.22
10.06
12.95
9.7
6.93
10.08
12.74
12.81
11.06
13.74
12.3
6.07
Return on Capital (%)
13.83
7.28
9.71
10.52
13.74
13.32
10.01
12.97
9.55
6.79
10
12.64
12.67
10.89
13.53
12.18
5.99
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
707
702
Market Capitalization
1,959,014
1,830,711
1,712,009

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
2025
- -
- -
- -
- -
1,013,878
2026
- -
- -
- -
- -
1,028,171
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
195.74
2026
- -
- -
- -
- -
197.2
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
54.26
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
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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.