Nitto Denko Corporation

6988.T
Specialty Chemicals
2026/08/21 Updated
Market Cap: $14.3B (¥2.3T)
Stock Price: $21.63 (¥3,439)
Exchange Rate: 1 USD = ¥158.98

Stock Price Chart

2026/08/21 Updated
17.44
PER (Price Earnings Ratio)
vs Industry Avg: +7.9
1.99
PBR (Price to Book Ratio)
vs Industry Avg: +0.7
1.91%
Dividend Yield
vs Industry Avg: -1.04%

Price Trend

2026/08/21 Updated
Short-term
5-Day MA
-0.69%
Near-term
25-Day MA
+0.63%
Mid-term
75-Day MA
+7.13%
Long-term
200-Day MA
+1.02%

Price & Trading Details

2026/08/21 Updated

PRICE

Previous Close ¥3,359
Open ¥3,415
High ¥3,513
Low ¥3,410
Close ¥3,439

TRADING

Volume 3,002,800
Average Volume 3,252,784
Turnover ¥103億
Min. Purchase ¥343,900

Analyst Recommendations 12 analysts

Updated 2026/08/01
Strong Buy
2
2
Buy
5
5
Hold
4
4
Sell
1
1
Strong Sell
0
Target Price (Mean)
¥3,553
Buy
¥4,200
High
¥3,500
Median
¥3,000
Low
-6% 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.

Earnings Calendar

Updated 2026/08/01
OCT
26
2026
Next Earnings Release
Q4 FY2026
EPS Estimate: ¥51.79
63days

Recent Earnings

Date EPS Est. EPS Actual Surprise
2026/07/28 ¥48.33 ¥50.75 +5.0%
2026/04/27 ¥46.70 ¥41.31 -11.5%
2026/01/26 ¥52.93 ¥54.57 +3.1%
2025/10/27 ¥51.79 ¥55.64 +7.4%

Shareholder Composition

Updated 2026/08/01
0.8%
Insider Holdings
69.7%
Institutional
29.5%
Public Float
344
Institutional Holders
Insider Holdings 0.8%
Institutional 69.7%
Public Float 29.5%

Top Mutual Funds / ETFs

Updated 2026/08/01

Major Holders

Updated 2026/08/01
Fund Name Ownership Shares Change
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund
1.45%
9.8M -0.25%
Capital Income Builder
1.26%
8.6M 0.00%
MFS SERIES TRUST X-MFS International Intrinsic Value Fund
1.05%
7.2M 0.00%
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund
0.96%
6.5M +2.54%
iShares Trust-iShares Core MSCI EAFE ETF
0.73%
4.9M 0.00%
MFS Series Trust X-MFS International Large Cap Value Fund
0.45%
3.1M -5.33%
Institution Ownership Shares Change
Paradigm Asset Management Company, LLC
0.01%
59.0K 0.00%
Pacer Advisors, Inc.
<0.01%
12.0K +55.22%

Dividend History

Updated 2026/08/23
-%
Dividend Yield
¥30
Annual Dividend
-48.3%
YoY Growth
15.2%
Payout Ratio
Year Dividend Change
2026 ¥30 -48.3%
2025 ¥58 +7.4%
2024 ¥54 +8.0%
2023 ¥50 +8.7%
2022 ¥46 -

Financial Performance

2026/08/23 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%

Latest IR Information

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 26,477

About

Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, Oceania, and internationally. It provides double sided tape, surface protective film, sealing materials, masking tape, materials for housing and construction, semiconductor manufacturing process products, tape for electrical and electronic equipment, fluoroplastic sheets and tape NITOFLON, fluoroplastic porous film TEMISH, porous sheet/breathable material, packaging tape, and functional thermal transfer system. The company also offers FPD/touch panel related products, and flexible printed circuit boards. In addition, it provides membrane products; 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; and hygiene products, as well as flexible angular displacement sensor products. 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