Business Description
Nitto Denko Corp
ISIN : JP3684000007
Share Class Description:
TSE:6988: Ordinary SharesTotal Employee Number:
27,609Compare
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Traded in other countries / regions
6988.JapanNDEKY.USAND5.Germany Index Membership
Nikkei 225MSCI World Index IPO Date
1962-08-27Description
Nitto Denko is a manufacturer of advanced materials for niche industry applications. Its three segments are industrial tape (35% of revenue), optical films (55%), and materials used in health science (10%). Its advanced materials are used in manufacturing with main customers being suppliers to original equipment manufacturers in the computer, smartphone, and automobile industries. The company has more than 15,000 products. Most revenue is from Asia/Oceania (60%), followed by Japan (20%). The remainder is roughly equally split between Americas and Europe, each representing about 10% of revenue.
Financial Strength
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Cash-To-Debt | 752.46 | |||||
Equity-to-Asset | 0.8 | |||||
Interest Coverage | 89.79 | |||||
Piotroski F-Score | 6/9 | |||||
Altman Z-Score | 6.89 | |||||
Beneish M-Score | -2.52 | |||||
WACC vs ROIC | ||||||
Growth Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
3-Year Revenue Growth Rate | 6.5 | |||||
3-Year EBITDA Growth Rate | -0.3 | |||||
3-Year EPS without NRI Growth Rate | 10.1 | |||||
3-Year FCF Growth Rate | -3.4 | |||||
3-Year Book Growth Rate | 11.3 | |||||
Future 3-5Y EPS without NRI Growth Rate Estimate Industry Rank | 6.79 | |||||
Future 3-5Y Total Revenue Growth Rate Estimate | 3.93 |
Momentum Rank
5/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
5-Day RSI | 78.59 | |||||
9-Day RSI | 69.96 | |||||
14-Day RSI | 64.64 | |||||
3-1 Month Momentum % | -6.5 | |||||
6-1 Month Momentum % | -21.11 | |||||
12-1 Month Momentum % | 6.64 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Current Ratio | 3.53 | |||||
Quick Ratio | 2.83 | |||||
Cash Ratio | 1.68 | |||||
Days Inventory | 86.47 | |||||
Days Sales Outstanding | 80.39 | |||||
Days Payable | 61.61 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Dividend Yield % | 1.86 | |||||
Dividend Payout Ratio | 0.3 | |||||
3-Year Dividend Growth Rate | 7.7 | |||||
Forward Dividend Yield % | 1.99 | |||||
5-Year Yield-on-Cost % | 2.81 | |||||
3-Year Average Share Buyback Ratio | 2.6 | |||||
Shareholder Yield % | 4.7 |
Profitability Rank
8/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Gross Margin % | 38.01 | |||||
Operating Margin % | 17.86 | |||||
Net Margin % | 12.98 | |||||
EBITDA Margin % | 18.19 | |||||
FCF Margin % | 9.3 | |||||
OCF Margin % | 18.69 | |||||
ROE % | 12.44 | |||||
ROA % | 9.89 | |||||
ROIC % | 15.04 | |||||
3-Year ROIIC % | 10.03 | |||||
ROC (Joel Greenblatt) % | 28.93 | |||||
ROCE % | 16.52 | |||||
Years of Profitability over Past 10-Year | 10 | |||||
Moat Score | 5 | |||||
Tariff Resilience Score | 4 |
GF Value Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
PE Ratio | 16.86 | |||||
Forward PE Ratio | 15.84 | |||||
PE Ratio without NRI | 16.86 | |||||
Shiller PE Ratio | 23.98 | |||||
Price-to-Owner-Earnings | 16.92 | |||||
PEG Ratio | 1.89 | |||||
PS Ratio | 2.22 | |||||
PB Ratio | 1.95 | |||||
Price-to-Tangible-Book | 2.1 | |||||
Price-to-Free-Cash-Flow | 23.86 | |||||
Price-to-Operating-Cash-Flow | 11.86 | |||||
EV-to-EBIT | 9.79 | |||||
EV-to-Forward-EBIT | 9.12 | |||||
EV-to-EBITDA | 9.79 | |||||
EV-to-Forward-EBITDA | 6.47 | |||||
EV-to-Revenue | 1.78 | |||||
EV-to-Forward-Revenue | 1.65 | |||||
EV-to-FCF | 18.43 | |||||
Price-to-GF-Value | 1.12 | |||||
Price-to-Projected-FCF | 1.17 | |||||
Price-to-Median-PS-Value | 1.38 | |||||
Price-to-Peter-Lynch-Fair-Value | 1.6 | |||||
Price-to-Graham-Number | 1.25 | |||||
| Price-to-Net-Current-Asset-Value | 4.45 | |||||
| Price-to-Net-Cash | 26.19 | |||||
Earnings Yield (Greenblatt) % | 10.22 | |||||
FCF Yield % | 4.33 | |||||
Forward Rate of Return (Yacktman) % | 14.82 |
Operating Revenue by Business Segment
Operating Revenue by Geographic Region
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
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Performance
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Annualized Return % Â
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Nitto Denko Corp Executives
DetailsAnalyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil 円) | 1,028,171 | ||
| EPS (TTM) (円) | 197.11 | ||
| Beta | 0.611 | ||
| 3-Year Sharpe Ratio | 0.6 | ||
| 3-Year Sortino Ratio | 0.99 | ||
| Volatility % | 27.2 | ||
| 14-Day RSI | 64.64 | ||
| 14-Day ATR (円) | 84.499496 | ||
| 20-Day SMA (円) | 3188.9 | ||
| 12-1 Month Momentum % | 6.64 | ||
| 52-Week Range (円) | 2774 - 4068 | ||
| Shares Outstanding (Mil) | 664.22 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 6 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Nitto Denko Corp Filings
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
Nitto Denko Corp Stock Events
| Event | Date | Price (円) | ||
|---|---|---|---|---|
| Second quarter earnings results for 2027 | 2026-10-29 | In 106 days | ||
| JPY 32.000000 Cash Dividend | 2026-09-29 | In 76 days | ||
| General meeting for 2026 | 2026-07-31 | In 16 days | ||
| Annual report for 2026 | 2026-06-17 | 3,107.00 (+0.29%) | ||
| Fourth quarter earnings results for 2026 | 2026-04-27 | 3,224.00 (+0.75%) | ||
| JPY 30.000000 Cash Dividend | 2026-03-30 | 3,146.00 (-0.91%) | ||
| Second quarter earnings results for 2026 | 2025-10-29 | 3,914.00 (-0.94%) | ||
| JPY 30.000000 Cash Dividend | 2025-09-29 | 3,519.00 (+0.86%) | ||
| Annual report for 2025 | 2025-06-18 | 2,623.50 (+1.59%) | ||
| JPY 28.000000 Cash Dividend | 2025-03-28 | 2,927.00 (+0.34%) |
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Nitto Denko Corp Frequently Asked Questions
What is Nitto Denko Corp(TSE:6988)'s stock price today?
The current price of TSE:6988 is 円3324.00. The 52 week high of TSE:6988 is 円4068.00 and 52 week low is 円2774.00.
When is next earnings date of Nitto Denko Corp(TSE:6988)?
The next earnings date of Nitto Denko Corp(TSE:6988) is 2026-10-29 Est..
Does Nitto Denko Corp(TSE:6988) pay dividends? If so, how much?
The Dividend Yield %  of Nitto Denko Corp(TSE:6988) is 1.86% (As of Today), Highest Dividend Payout Ratio of Nitto Denko Corp(TSE:6988) was 0.66. The lowest was 0.29. And the median was 0.35. The  Forward Dividend Yield % of Nitto Denko Corp(TSE:6988) is 1.99%. For more information regarding to dividend, please check our Dividend Page.
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