Nitto Denko Corporation

6988.T
Specialty Chemicals
2026/01/16 Updated
Market Cap: $16.1B (¥2.5T)
Stock Price: $23.86 (¥3,782)
Exchange Rate: 1 USD = ¥158.48

Stock Price Chart

2026/01/16 Updated
20.66
PER (Price Earnings Ratio)
vs Industry Avg: +11.1
2.43
PBR (Price to Book Ratio)
vs Industry Avg: +1.2
1.59%
Dividend Yield
vs Industry Avg: -1.36%

Price Trend

2026/01/16 Updated
Short-term
5-Day MA
+1.76%
Near-term
25-Day MA
+0.94%
Mid-term
75-Day MA
+0.50%
Long-term
200-Day MA
+18.56%

Price & Trading Details

2026/01/16 Updated

PRICE

Previous Close ¥3,809
Open ¥3,755
High ¥3,834
Low ¥3,748
Close ¥3,782

TRADING

Volume 2,541,500
Average Volume 2,556,145
Turnover ¥96億
Min. Purchase ¥378,200

Analyst Recommendations 12 analysts

Updated 2026/01/11
Strong Buy
1
1
Buy
6
6
Hold
4
4
Sell
1
1
Strong Sell
0
Target Price (Mean)
¥3,787
None
¥5,000
High
¥3,950
Median
¥2,700
Low
+1% vs Current Price
This information is based on market data from third-party data providers and is for reference only. Investment decisions are your own responsibility.

Shareholder Composition

Updated 2026/01/11
0.8%
Insider Holdings
79.8%
Institutional
19.4%
Public Float
348
Institutional Holders
Insider Holdings 0.8%
Institutional 79.8%
Public Float 19.4%

Top Mutual Funds / ETFs

Updated 2026/01/11

Major Holders

Updated 2026/01/11
Fund Name Ownership Shares Change
Capital Income Builder
2.62%
17.8M +1.55%
EuroPacific Growth Fund-EUPAC Fund
2.01%
13.7M +1.79%
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund
1.46%
9.9M -1.67%
AMERICAN FUNDS GLOBAL BALANCED FUND
1.44%
9.7M 0.00%
New World Fund Inc
1.18%
8.0M +31.91%
MFS SERIES TRUST X-MFS International Intrinsic Value Fund
1.07%
7.3M -0.50%
Institution Ownership Shares Change
Pacer Advisors, Inc.
0.03%
203.0K +4.65%
Paradigm Asset Management Company, LLC
0.01%
81.0K +19.12%

Dividend History 4Years Growth

Updated 2026/01/11
-%
Dividend Yield
¥58
Annual Dividend
+7.4%
YoY Growth
29.6%
Payout Ratio
Year Dividend Change
2025 ¥58 +7.4%
2024 ¥54 +8.0%
2023 ¥50 +8.7%
2022 ¥46 +9.5%
2021 ¥42 -

Financial Performance

2026/01/11 Updated

Revenue & Profit

Margins

Cash Flow

Financial Health

2022 2023 2024 2025
Income Statement
Revenue ¥853,448M ¥929,036M ¥915,139M ¥1,013,878M
Gross Profit ¥302,388M ¥337,443M ¥330,858M ¥395,513M
Operating Income ¥132,261M ¥147,174M ¥139,132M ¥185,668M
Pretax Income ¥133,762M ¥148,776M ¥141,361M ¥188,460M
Net Income ¥97,132M ¥109,173M ¥102,679M ¥137,237M
EPS ¥131.20 ¥147.70 ¥143.86 ¥195.65
Operating Margin 15.50% 15.84% 15.20% 18.31%
Balance Sheet
Total Assets ¥1,094,469M ¥1,153,647M ¥1,251,087M ¥1,321,920M
Total Equity ¥821,192M ¥902,211M ¥984,020M ¥1,044,083M
Total Liabilities ¥273,277M ¥251,436M ¥267,067M ¥277,837M
Cash ¥362,046M ¥329,966M ¥342,269M ¥363,344M
Interest-bearing Debt ¥241M ¥272M ¥345M ¥455M
Equity Ratio 75.03% 78.21% 78.65% 78.98%
D/E Ratio 0.00 0.00 0.00 0.00
Cash Flow
Operating CF ¥144,489M ¥181,702M ¥155,521M ¥217,908M
Investing CF -¥57,594M -¥159,906M -¥67,927M -¥115,105M
Financing CF -¥36,639M -¥57,627M -¥90,784M -¥78,890M
Free CF ¥85,531M ¥115,781M ¥87,747M ¥111,905M
Efficiency
ROE 11.83% 12.10% 10.43% 13.14%
ROA 8.87% 9.46% 8.21% 10.38%

Company Information

English Name Nitto Denko Corporation
Japanese Name 日東電工(株)
Stock Code 6988.T (JPX)
Sector / Industry Basic Materials / Specialty Chemicals
Employees 25,769

About

Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, and Oceania. It provides double sided tapes, surface protective films, sealing materials, masking tapes, membranes, FPD/touch panel related products, gasket materials, semiconductor manufacturing process products, flexible printed circuit boards, porous films/breathable materials, and packaging tapes. The company also offers functional thermal transfer systems, such as labels, barcode label printers, and label printing software; tapes for electrical and electronic equipment; dust removal products for clean rooms; fluoroplastic sheets and tapes, and fluoroplastic porous films; and materials for housing and construction. In addition, it provides medical products, including transdermal therapeutic systems, athletic tapes, medical adhesive tapes for wearable devices and body sensors, adhesive tapes, and particles for nucleic acid synthesis. The company offers its products to automotive and transportation, housing/housing equipment, infrastructure, material, home appliance and electrical, display, electronic device, medical, packaging, and consumer/personal care industries. Nitto Denko Corporation was incorporated in 1918 and is headquartered in Osaka, Japan.

Data provided by Yahoo Finance