View Financial HealthNitto Denko 配当と自社株買い配当金 基準チェック /56Nitto Denkoは配当を支払う会社で、現在の利回りは2.07%ですが、利益によって十分にカバーされています。次の支払い日は 22nd June, 2026で、権利落ち日は30th March, 2026 。主要情報2.1%配当利回り2.9%バイバック利回り総株主利回り5.0%将来の配当利回り2.4%配当成長7.9%次回配当支払日22 Jun 26配当落ち日30 Mar 26一株当たり配当金n/a配当性向30%最近の配当と自社株買いの更新お知らせ • Mar 30Nitto Denko Corporation (TSE:6988) announces an Equity Buyback for 20,000,000 shares, representing 2.97% for ¥50,000 million.Nitto Denko Corporation (TSE:6988) announces a share repurchase program. Under the program, the company will repurchase up to 20,000,000 shares, representing 2.97% of the outstanding shares for ¥50,000 million. The purpose of the program is to enable an execution of agile capital management policy following changes in the business environment as a part of the return to shareholders. The program will run until August 31, 2026. As of February 28, 2026, the company had 673,659,750 shares outstanding and 4,999,950 shares in treasury.Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.3%).分析記事 • Feb 11Nitto Denko (TSE:6988) Has Announced A Dividend Of ¥30.00The board of Nitto Denko Corporation ( TSE:6988 ) has announced that it will pay a dividend on the 23rd of June, with...分析記事 • Jan 28Nitto Denko (TSE:6988) Is Due To Pay A Dividend Of ¥30.00Nitto Denko Corporation ( TSE:6988 ) has announced that it will pay a dividend of ¥30.00 per share on the 23rd of June...分析記事 • Dec 30Nitto Denko's (TSE:6988) Dividend Will Be ¥30.00Nitto Denko Corporation ( TSE:6988 ) has announced that it will pay a dividend of ¥30.00 per share on the 23rd of June...分析記事 • Dec 16Nitto Denko (TSE:6988) Has Announced A Dividend Of ¥30.00Nitto Denko Corporation's ( TSE:6988 ) investors are due to receive a payment of ¥30.00 per share on 23rd of June. This...すべての更新を表示Recent updates分析記事 • Apr 29Nitto Denko Corporation (TSE:6988) Just Released Its Full-Year Results And Analysts Are Updating Their EstimatesIt's been a sad week for Nitto Denko Corporation ( TSE:6988 ), who've watched their investment drop 10% to JP¥3,003 in...Reported Earnings • Apr 28Full year 2026 earnings: Revenues and EPS in line with analyst expectationsFull year 2026 results: EPS: JP¥197. Revenue: JP¥1.03t (up 1.4% from FY 2025). Net income: JP¥133.5b (down 2.7% from FY 2025). Profit margin: 13% (in line with FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in Japan.お知らせ • Apr 27Nitto Denko Corporation, Annual General Meeting, Jun 19, 2026Nitto Denko Corporation, Annual General Meeting, Jun 19, 2026.Buy Or Sell Opportunity • Apr 20Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.7% to JP¥3,363. The fair value is estimated to be JP¥4,206, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings are also forecast to grow by 5.8% per annum over the same time period.お知らせ • Mar 30Nitto Denko Corporation (TSE:6988) announces an Equity Buyback for 20,000,000 shares, representing 2.97% for ¥50,000 million.Nitto Denko Corporation (TSE:6988) announces a share repurchase program. Under the program, the company will repurchase up to 20,000,000 shares, representing 2.97% of the outstanding shares for ¥50,000 million. The purpose of the program is to enable an execution of agile capital management policy following changes in the business environment as a part of the return to shareholders. The program will run until August 31, 2026. As of February 28, 2026, the company had 673,659,750 shares outstanding and 4,999,950 shares in treasury.Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.3%).お知らせ • Mar 14Nitto Denko Corporation to Report Fiscal Year 2026 Results on Apr 27, 2026Nitto Denko Corporation announced that they will report fiscal year 2026 results on Apr 27, 2026Buy Or Sell Opportunity • Mar 04Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to JP¥3,263. The fair value is estimated to be JP¥4,115, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 5.9% per annum over the same time period.分析記事 • Feb 11Nitto Denko (TSE:6988) Has Announced A Dividend Of ¥30.00The board of Nitto Denko Corporation ( TSE:6988 ) has announced that it will pay a dividend on the 23rd of June, with...分析記事 • Jan 29Revenue Beat: Nitto Denko Corporation Beat Analyst Estimates By 5.0%A week ago, Nitto Denko Corporation ( TSE:6988 ) came out with a strong set of third-quarter numbers that could...分析記事 • Jan 28Nitto Denko (TSE:6988) Is Due To Pay A Dividend Of ¥30.00Nitto Denko Corporation ( TSE:6988 ) has announced that it will pay a dividend of ¥30.00 per share on the 23rd of June...Reported Earnings • Jan 27Third quarter 2026 earnings: EPS and revenues exceed analyst expectationsThird quarter 2026 results: EPS: JP¥54.59 (up from JP¥40.90 in 3Q 2025). Revenue: JP¥272.6b (up 6.3% from 3Q 2025). Net income: JP¥36.8b (up 28% from 3Q 2025). Profit margin: 14% (up from 11% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) also surpassed analyst estimates by 3.1%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 27Nitto Denko Corporation Revises Earnings Guidance for the Year Ending March 31, 2026Nitto Denko Corporation revised earnings guidance for the year ending March 31, 2026. For the year, the company expects revenue of JPY 1,027,000 million, operating profit of JPY 186,000 million, net profit of JPY 136,000 million, profit attributable to owners of the parent of JPY 136,000 million, and basic earnings per share of JPY 200.56.分析記事 • Jan 14Unpleasant Surprises Could Be In Store For Nitto Denko Corporation's (TSE:6988) SharesWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 14x, you may consider Nitto...分析記事 • Dec 30Nitto Denko's (TSE:6988) Dividend Will Be ¥30.00Nitto Denko Corporation ( TSE:6988 ) has announced that it will pay a dividend of ¥30.00 per share on the 23rd of June...分析記事 • Dec 16Nitto Denko (TSE:6988) Has Announced A Dividend Of ¥30.00Nitto Denko Corporation's ( TSE:6988 ) investors are due to receive a payment of ¥30.00 per share on 23rd of June. This...お知らせ • Dec 16Nitto Denko Corporation to Report Q3, 2026 Results on Jan 26, 2026Nitto Denko Corporation announced that they will report Q3, 2026 results on Jan 26, 2026分析記事 • Dec 15Nitto Denko (TSE:6988) Is Looking To Continue Growing Its Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...分析記事 • Nov 30Nitto Denko (TSE:6988) Will Pay A Dividend Of ¥30.00The board of Nitto Denko Corporation ( TSE:6988 ) has announced that it will pay a dividend of ¥30.00 per share on the...Declared Dividend • Nov 29First half dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Oct 30Nitto Denko Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextNitto Denko Corporation ( TSE:6988 ) just released its latest half-year results and things are looking bullish. Results...Reported Earnings • Oct 28Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: JP¥55.72 (down from JP¥62.47 in 2Q 2025). Revenue: JP¥267.4b (down 1.8% from 2Q 2025). Net income: JP¥37.6b (down 14% from 2Q 2025). Profit margin: 14% (down from 16% in 2Q 2025). Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 7.4%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 27+ 1 more updateNitto Denko Corporation Announces Dividend for the Second Quarter Ending September 30, 2025, Payable on November 28, 2025; Provides Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2026Nitto Denko Corporation announced dividend of JPY 30.00 per share for the second quarter ending September 30, 2025 compared to JPY 28.00 per share paid a year ago. Estimated starting date of dividend paying: November 28, 2025. For the fiscal year ending March 31, 2026, the company expects to pay dividend of JPY 30.00 per share compared to JPY 28.00 per share paid a year ago.分析記事 • Oct 19Nitto Denko (TSE:6988) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Price Target Changed • Oct 08Price target increased by 7.4% to JP¥3,504Up from JP¥3,263, the current price target is an average from 12 analysts. New target price is 11% below last closing price of JP¥3,947. Stock is up 60% over the past year. The company is forecast to post earnings per share of JP¥185 for next year compared to JP¥196 last year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 01 December 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.6%).お知らせ • Sep 13Nitto Denko Corporation to Report Q2, 2026 Results on Oct 27, 2025Nitto Denko Corporation announced that they will report Q2, 2026 results on Oct 27, 2025分析記事 • Sep 09Calculating The Intrinsic Value Of Nitto Denko Corporation (TSE:6988)Key Insights Using the 2 Stage Free Cash Flow to Equity, Nitto Denko fair value estimate is JP¥2,924 With JP¥3,495...分析記事 • Jul 30Nitto Denko Corporation Just Beat EPS By 8.0%: Here's What Analysts Think Will Happen NextInvestors in Nitto Denko Corporation ( TSE:6988 ) had a good week, as its shares rose 2.4% to close at JP¥3,107...Reported Earnings • Jul 29First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: JP¥45.68 (down from JP¥51.45 in 1Q 2025). Revenue: JP¥246.2b (down 1.3% from 1Q 2025). Net income: JP¥31.3b (down 13% from 1Q 2025). Profit margin: 13% (down from 14% in 1Q 2025). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 8.0%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Jul 17New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 0% Dividend yield: 5.9% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Dividend is not well covered by cash flows (0% cash payout ratio).Declared Dividend • Jul 09Final dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. Ex-date: 29th September 2025 Payment date: 1st December 2025 Dividend yield will be 2.1%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Jul 09We Think Nitto Denko (TSE:6988) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...New Risk • Jul 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.分析記事 • Jun 23Analysts Have Made A Financial Statement On Nitto Denko Corporation's (TSE:6988) Yearly ReportAs you might know, Nitto Denko Corporation ( TSE:6988 ) recently reported its yearly numbers. Results were roughly in...Reported Earnings • Jun 21Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥196 (up from JP¥144 in FY 2024). Revenue: JP¥1.01t (up 11% from FY 2024). Net income: JP¥137.2b (up 34% from FY 2024). Profit margin: 14% (up from 11% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year and the company’s share price has also increased by 12% per year.お知らせ • Jun 14Nitto Denko Corporation to Report Q1, 2026 Results on Jul 28, 2025Nitto Denko Corporation announced that they will report Q1, 2026 results on Jul 28, 2025分析記事 • Jun 13There's Been No Shortage Of Growth Recently For Nitto Denko's (TSE:6988) Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...分析記事 • May 29Nitto Denko Corporation's (TSE:6988) Intrinsic Value Is Potentially 25% Above Its Share PriceKey Insights Using the 2 Stage Free Cash Flow to Equity, Nitto Denko fair value estimate is JP¥3,294 Nitto Denko is...Buy Or Sell Opportunity • May 19Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.9% to JP¥2,633. The fair value is estimated to be JP¥3,310, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 3.7% per annum over the same time period.New Risk • May 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 26Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥196 (up from JP¥144 in FY 2024). Revenue: JP¥1.01t (up 11% from FY 2024). Net income: JP¥137.2b (up 34% from FY 2024). Profit margin: 14% (up from 11% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 15% per year.お知らせ • Apr 25Nitto Denko Corporation, Annual General Meeting, Jun 20, 2025Nitto Denko Corporation, Annual General Meeting, Jun 20, 2025.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,318, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,010 per share.Buy Or Sell Opportunity • Apr 07Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to JP¥2,330. The fair value is estimated to be JP¥2,980, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 7.0% per annum over the same time period.Upcoming Dividend • Mar 21Upcoming dividend of JP¥28.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.6%).お知らせ • Mar 15Nitto Denko Corporation to Report Fiscal Year 2025 Results on Apr 25, 2025Nitto Denko Corporation announced that they will report fiscal year 2025 results on Apr 25, 2025Reported Earnings • Jan 28Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: JP¥40.91 (down from JP¥52.45 in 3Q 2024). Revenue: JP¥256.6b (up 4.9% from 3Q 2024). Net income: JP¥28.7b (down 23% from 3Q 2024). Profit margin: 11% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 28%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 27+ 1 more updateNitto Denko Corporation (TSE:6988) announces an Equity Buyback for 34,000,000 shares, representing 4.84% for ¥80,000 million.Nitto Denko Corporation (TSE:6988) announces a share repurchase program. Under the program, the company will repurchase up to 34,000,000 shares, representing 4.84% of the outstanding shares for ¥80,000 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment and a comprehensive shareholder return policy. The program will run until August 31, 2025. As of December 31, 2024, the company had 701,852,200 shares outstanding and 4,908,550 shares in treasury.お知らせ • Dec 14Nitto Denko Corporation to Report Q3, 2025 Results on Jan 27, 2025Nitto Denko Corporation announced that they will report Q3, 2025 results on Jan 27, 2025Declared Dividend • Nov 30First half dividend of JP¥28.00 announcedShareholders will receive a dividend of JP¥28.00. Ex-date: 28th March 2025 Payment date: 24th June 2025 Dividend yield will be 7.0%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.3% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Oct 29Second quarter 2025 earnings: Revenues in line with analyst expectationsSecond quarter 2025 results: Revenue: JP¥272.4b (up 13% from 2Q 2024). Net income: JP¥43.8b (up 51% from 2Q 2024). Profit margin: 16% (up from 12% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Chemicals industry in Japan.Buy Or Sell Opportunity • Oct 21Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.3% to JP¥2,434. The fair value is estimated to be JP¥3,052, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 8.0%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 4.6% per annum over the same time period.New Risk • Sep 26New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 193% Dividend yield: 11% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (193% cash payout ratio). Share price has been volatile over the past 3 months (9.2% average weekly change).Buy Or Sell Opportunity • Sep 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.6% to JP¥12,130. The fair value is estimated to be JP¥15,283, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 8.0%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 4.7% per annum over the same time period.Upcoming Dividend • Sep 20Upcoming dividend of JP¥140 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 25 November 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (2.4%).お知らせ • Sep 14Nitto Denko Corporation to Report Q2, 2025 Results on Oct 28, 2024Nitto Denko Corporation announced that they will report Q2, 2025 results on Oct 28, 2024お知らせ • Sep 04Nitto Denko Corporation to Launch Counseling System in California, U.SNitto Denko Corporation announced that it has launched sales of Counseling System in parts of California, United States from September 2024. Counseling System is a service that enables real-time analysis and visualization of a client's physiological data and feed it back to counselors and psychologists. Counseling System is a services that provides information useful to both the counselor and their clients, using a measurement device worn by the client to analyze and visualize physiological data (changes in blood flow) in real time as stress values generated by an algorithm developed by Nitto. Members from the American Psychological Association (APA) and other influential experts in the field of mental health are stress-Based Practice. Using a dedicated wearable device to obtain biofeedback, Counseling System has the potential to bring practical benefits to counselors, as it enables them to accurately grasp in real time the actions to and effects of counseling. From a client perspective too, by providing them information on the effects of received counseling in an objective and visually accessible format, it is anticipated that this information will help them to reaffirm the significance and value of counseling and maintain their motivation to continue receiving counseling care. The first target market under Counseling System's business strategy is the United States, where counseling has a strong presence. This year, its sales area is limited to parts of California, but Nitto aims to expand sales throughout the U.S. in the future. As of 2024, there are approximately 170,000 counselors holding a nationally recognized qualification in the U.S. The market for counseling is on a scale of JPY 1.78 trillion (as of 2022), and it is estimated that approximately 24.3 million clients are actually receiving counseling, and a further 28.6 million people are considered to be potentially in need of counseling care. The Nitto Group places ESG (Environment, Social, and Governance) at the core of its management and aims at simultaneously solving social issues and creating economic value. Positioning Power & Mobility, Digital Interface, and Human Life as the three focal domains, the group strives to become an essential company by leveraging the strengths of its technologies in the areas where these domains intersect with each other. Counseling System is a Service born from the fusion of multiple business areas, such as the optical technology that Nitto has cultivated through the development of polarizers and other products, and the development of Nitto's proprietary algorithms that are critical to the process of visualizing stress values. The Nitto Group will continue to develop its business in the digital health field, including Counseling System, and create new niche-top products that have never existed before.Buy Or Sell Opportunity • Sep 03Now 20% undervaluedOver the last 90 days, the stock has risen 4.4% to JP¥12,195. The fair value is estimated to be JP¥15,299, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 8.0%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 4.7% per annum over the same time period.New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to JP¥9,181, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥15,439 per share.Reported Earnings • Jul 28First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: JP¥257 (up from JP¥106 in 1Q 2024). Revenue: JP¥249.3b (up 20% from 1Q 2024). Net income: JP¥36.1b (up 138% from 1Q 2024). Profit margin: 14% (up from 7.3% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 61%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Jul 11Final dividend of JP¥140 announcedShareholders will receive a dividend of JP¥140. Ex-date: 27th September 2024 Payment date: 25th November 2024 Dividend yield will be 2.0%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • Jun 27Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Mariko Eto was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Jun 26Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: JP¥720 (down from JP¥739 in FY 2023). Revenue: JP¥915.1b (down 1.5% from FY 2023). Net income: JP¥102.7b (down 5.9% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.2%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 15Nitto Denko Corporation to Report Q1, 2025 Results on Jul 26, 2024Nitto Denko Corporation announced that they will report Q1, 2025 results on Jul 26, 2024お知らせ • May 25Nitto Denko Corporation Revises Dividend Guidance for the Full Year Ending March 31, 2025Nitto Denko Corporation revised dividend guidance for the full year ending March 31, 2025. In conjunction with the stock split, the Company has revised the year-end dividend forecast forthe fiscal year ending March 31, 2025, which was announced on April 26, 2024, as follows. In this regard, revised forecast is the revision in conjunction with the stock split and there is no substantial change in the year-end dividend forecast per share in previous forecast. For the full year ending March 31, 2025, the company expects to pay dividend of JPY 140 per share compared to JPY 130 per share paid a year ago.お知らせ • Apr 29Nitto Denko Corporation, Annual General Meeting, Jun 21, 2024Nitto Denko Corporation, Annual General Meeting, Jun 21, 2024.お知らせ • Apr 28Nitto Denko Corporation Provides Earnings Guidance for the First Half and Full Fiscal Year Ending March 31, 2025Nitto Denko Corporation provided earnings guidance for the first half and full fiscal year ending March 31, 2025. For the first half, the company expected revenue of JPY 448,000 million, Operating income to be JPY 68,500 million, Net income and Net income attributable to owners of the parent company to be JPY 48,000 million and Basic earnings per share of JPY 336.38.For the full year, the company expected revenue of JPY 910,000 million, Operating income to be JPY 140,000 million, Net income and Net income attributable to owners of the parent company to be JPY 100,000 million and Basic earnings per share of JPY 700.79.Reported Earnings • Apr 27Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: JP¥720 (down from JP¥739 in FY 2023). Revenue: JP¥915.1b (down 1.5% from FY 2023). Net income: JP¥102.7b (down 5.9% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.2%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Mar 21Upcoming dividend of JP¥130 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.1%).お知らせ • Mar 14Nitto Denko Corporation to Report Fiscal Year 2024 Results on Apr 26, 2024Nitto Denko Corporation announced that they will report fiscal year 2024 results on Apr 26, 2024決済の安定と成長配当データの取得安定した配当: 6988の1株当たり配当金は過去10年間安定しています。増加する配当: 6988の配当金は過去10年間にわたって増加しています。配当利回り対市場Nitto Denko 配当利回り対市場6988 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (6988)2.1%市場下位25% (JP)1.7%市場トップ25% (JP)3.7%業界平均 (Chemicals)2.1%アナリスト予想 (6988) (最長3年)2.4%注目すべき配当: 6988の配当金 ( 2.07% ) はJP市場の配当金支払者の下位 25% ( 1.72% ) よりも高くなっています。高配当: 6988の配当金 ( 2.07% ) はJP市場の配当金支払者の上位 25% ( 3.74% ) と比較すると低いです。株主への利益配当収益カバレッジ: 6988の 配当性向 ( 30.4% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: 6988の 現金配当性向 ( 44.9% ) は比較的低く、配当金の支払いはキャッシュフローによって十分にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YJP 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 13:25終値2026/05/22 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Nitto Denko Corporation 12 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。25 アナリスト機関George ChangAletheia Analyst Network LimitedMikiya YamadaBarclaysMasashi KubotaBofA Global Research22 その他のアナリストを表示
お知らせ • Mar 30Nitto Denko Corporation (TSE:6988) announces an Equity Buyback for 20,000,000 shares, representing 2.97% for ¥50,000 million.Nitto Denko Corporation (TSE:6988) announces a share repurchase program. Under the program, the company will repurchase up to 20,000,000 shares, representing 2.97% of the outstanding shares for ¥50,000 million. The purpose of the program is to enable an execution of agile capital management policy following changes in the business environment as a part of the return to shareholders. The program will run until August 31, 2026. As of February 28, 2026, the company had 673,659,750 shares outstanding and 4,999,950 shares in treasury.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.3%).
分析記事 • Feb 11Nitto Denko (TSE:6988) Has Announced A Dividend Of ¥30.00The board of Nitto Denko Corporation ( TSE:6988 ) has announced that it will pay a dividend on the 23rd of June, with...
分析記事 • Jan 28Nitto Denko (TSE:6988) Is Due To Pay A Dividend Of ¥30.00Nitto Denko Corporation ( TSE:6988 ) has announced that it will pay a dividend of ¥30.00 per share on the 23rd of June...
分析記事 • Dec 30Nitto Denko's (TSE:6988) Dividend Will Be ¥30.00Nitto Denko Corporation ( TSE:6988 ) has announced that it will pay a dividend of ¥30.00 per share on the 23rd of June...
分析記事 • Dec 16Nitto Denko (TSE:6988) Has Announced A Dividend Of ¥30.00Nitto Denko Corporation's ( TSE:6988 ) investors are due to receive a payment of ¥30.00 per share on 23rd of June. This...
分析記事 • Apr 29Nitto Denko Corporation (TSE:6988) Just Released Its Full-Year Results And Analysts Are Updating Their EstimatesIt's been a sad week for Nitto Denko Corporation ( TSE:6988 ), who've watched their investment drop 10% to JP¥3,003 in...
Reported Earnings • Apr 28Full year 2026 earnings: Revenues and EPS in line with analyst expectationsFull year 2026 results: EPS: JP¥197. Revenue: JP¥1.03t (up 1.4% from FY 2025). Net income: JP¥133.5b (down 2.7% from FY 2025). Profit margin: 13% (in line with FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in Japan.
お知らせ • Apr 27Nitto Denko Corporation, Annual General Meeting, Jun 19, 2026Nitto Denko Corporation, Annual General Meeting, Jun 19, 2026.
Buy Or Sell Opportunity • Apr 20Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.7% to JP¥3,363. The fair value is estimated to be JP¥4,206, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings are also forecast to grow by 5.8% per annum over the same time period.
お知らせ • Mar 30Nitto Denko Corporation (TSE:6988) announces an Equity Buyback for 20,000,000 shares, representing 2.97% for ¥50,000 million.Nitto Denko Corporation (TSE:6988) announces a share repurchase program. Under the program, the company will repurchase up to 20,000,000 shares, representing 2.97% of the outstanding shares for ¥50,000 million. The purpose of the program is to enable an execution of agile capital management policy following changes in the business environment as a part of the return to shareholders. The program will run until August 31, 2026. As of February 28, 2026, the company had 673,659,750 shares outstanding and 4,999,950 shares in treasury.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.3%).
お知らせ • Mar 14Nitto Denko Corporation to Report Fiscal Year 2026 Results on Apr 27, 2026Nitto Denko Corporation announced that they will report fiscal year 2026 results on Apr 27, 2026
Buy Or Sell Opportunity • Mar 04Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to JP¥3,263. The fair value is estimated to be JP¥4,115, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 5.9% per annum over the same time period.
分析記事 • Feb 11Nitto Denko (TSE:6988) Has Announced A Dividend Of ¥30.00The board of Nitto Denko Corporation ( TSE:6988 ) has announced that it will pay a dividend on the 23rd of June, with...
分析記事 • Jan 29Revenue Beat: Nitto Denko Corporation Beat Analyst Estimates By 5.0%A week ago, Nitto Denko Corporation ( TSE:6988 ) came out with a strong set of third-quarter numbers that could...
分析記事 • Jan 28Nitto Denko (TSE:6988) Is Due To Pay A Dividend Of ¥30.00Nitto Denko Corporation ( TSE:6988 ) has announced that it will pay a dividend of ¥30.00 per share on the 23rd of June...
Reported Earnings • Jan 27Third quarter 2026 earnings: EPS and revenues exceed analyst expectationsThird quarter 2026 results: EPS: JP¥54.59 (up from JP¥40.90 in 3Q 2025). Revenue: JP¥272.6b (up 6.3% from 3Q 2025). Net income: JP¥36.8b (up 28% from 3Q 2025). Profit margin: 14% (up from 11% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) also surpassed analyst estimates by 3.1%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 27Nitto Denko Corporation Revises Earnings Guidance for the Year Ending March 31, 2026Nitto Denko Corporation revised earnings guidance for the year ending March 31, 2026. For the year, the company expects revenue of JPY 1,027,000 million, operating profit of JPY 186,000 million, net profit of JPY 136,000 million, profit attributable to owners of the parent of JPY 136,000 million, and basic earnings per share of JPY 200.56.
分析記事 • Jan 14Unpleasant Surprises Could Be In Store For Nitto Denko Corporation's (TSE:6988) SharesWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 14x, you may consider Nitto...
分析記事 • Dec 30Nitto Denko's (TSE:6988) Dividend Will Be ¥30.00Nitto Denko Corporation ( TSE:6988 ) has announced that it will pay a dividend of ¥30.00 per share on the 23rd of June...
分析記事 • Dec 16Nitto Denko (TSE:6988) Has Announced A Dividend Of ¥30.00Nitto Denko Corporation's ( TSE:6988 ) investors are due to receive a payment of ¥30.00 per share on 23rd of June. This...
お知らせ • Dec 16Nitto Denko Corporation to Report Q3, 2026 Results on Jan 26, 2026Nitto Denko Corporation announced that they will report Q3, 2026 results on Jan 26, 2026
分析記事 • Dec 15Nitto Denko (TSE:6988) Is Looking To Continue Growing Its Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
分析記事 • Nov 30Nitto Denko (TSE:6988) Will Pay A Dividend Of ¥30.00The board of Nitto Denko Corporation ( TSE:6988 ) has announced that it will pay a dividend of ¥30.00 per share on the...
Declared Dividend • Nov 29First half dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Oct 30Nitto Denko Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextNitto Denko Corporation ( TSE:6988 ) just released its latest half-year results and things are looking bullish. Results...
Reported Earnings • Oct 28Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: JP¥55.72 (down from JP¥62.47 in 2Q 2025). Revenue: JP¥267.4b (down 1.8% from 2Q 2025). Net income: JP¥37.6b (down 14% from 2Q 2025). Profit margin: 14% (down from 16% in 2Q 2025). Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 7.4%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 27+ 1 more updateNitto Denko Corporation Announces Dividend for the Second Quarter Ending September 30, 2025, Payable on November 28, 2025; Provides Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2026Nitto Denko Corporation announced dividend of JPY 30.00 per share for the second quarter ending September 30, 2025 compared to JPY 28.00 per share paid a year ago. Estimated starting date of dividend paying: November 28, 2025. For the fiscal year ending March 31, 2026, the company expects to pay dividend of JPY 30.00 per share compared to JPY 28.00 per share paid a year ago.
分析記事 • Oct 19Nitto Denko (TSE:6988) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Price Target Changed • Oct 08Price target increased by 7.4% to JP¥3,504Up from JP¥3,263, the current price target is an average from 12 analysts. New target price is 11% below last closing price of JP¥3,947. Stock is up 60% over the past year. The company is forecast to post earnings per share of JP¥185 for next year compared to JP¥196 last year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 01 December 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.6%).
お知らせ • Sep 13Nitto Denko Corporation to Report Q2, 2026 Results on Oct 27, 2025Nitto Denko Corporation announced that they will report Q2, 2026 results on Oct 27, 2025
分析記事 • Sep 09Calculating The Intrinsic Value Of Nitto Denko Corporation (TSE:6988)Key Insights Using the 2 Stage Free Cash Flow to Equity, Nitto Denko fair value estimate is JP¥2,924 With JP¥3,495...
分析記事 • Jul 30Nitto Denko Corporation Just Beat EPS By 8.0%: Here's What Analysts Think Will Happen NextInvestors in Nitto Denko Corporation ( TSE:6988 ) had a good week, as its shares rose 2.4% to close at JP¥3,107...
Reported Earnings • Jul 29First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: JP¥45.68 (down from JP¥51.45 in 1Q 2025). Revenue: JP¥246.2b (down 1.3% from 1Q 2025). Net income: JP¥31.3b (down 13% from 1Q 2025). Profit margin: 13% (down from 14% in 1Q 2025). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 8.0%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Jul 17New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 0% Dividend yield: 5.9% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Dividend is not well covered by cash flows (0% cash payout ratio).
Declared Dividend • Jul 09Final dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. Ex-date: 29th September 2025 Payment date: 1st December 2025 Dividend yield will be 2.1%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Jul 09We Think Nitto Denko (TSE:6988) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
New Risk • Jul 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
分析記事 • Jun 23Analysts Have Made A Financial Statement On Nitto Denko Corporation's (TSE:6988) Yearly ReportAs you might know, Nitto Denko Corporation ( TSE:6988 ) recently reported its yearly numbers. Results were roughly in...
Reported Earnings • Jun 21Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥196 (up from JP¥144 in FY 2024). Revenue: JP¥1.01t (up 11% from FY 2024). Net income: JP¥137.2b (up 34% from FY 2024). Profit margin: 14% (up from 11% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year and the company’s share price has also increased by 12% per year.
お知らせ • Jun 14Nitto Denko Corporation to Report Q1, 2026 Results on Jul 28, 2025Nitto Denko Corporation announced that they will report Q1, 2026 results on Jul 28, 2025
分析記事 • Jun 13There's Been No Shortage Of Growth Recently For Nitto Denko's (TSE:6988) Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
分析記事 • May 29Nitto Denko Corporation's (TSE:6988) Intrinsic Value Is Potentially 25% Above Its Share PriceKey Insights Using the 2 Stage Free Cash Flow to Equity, Nitto Denko fair value estimate is JP¥3,294 Nitto Denko is...
Buy Or Sell Opportunity • May 19Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.9% to JP¥2,633. The fair value is estimated to be JP¥3,310, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 3.7% per annum over the same time period.
New Risk • May 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 26Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥196 (up from JP¥144 in FY 2024). Revenue: JP¥1.01t (up 11% from FY 2024). Net income: JP¥137.2b (up 34% from FY 2024). Profit margin: 14% (up from 11% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 15% per year.
お知らせ • Apr 25Nitto Denko Corporation, Annual General Meeting, Jun 20, 2025Nitto Denko Corporation, Annual General Meeting, Jun 20, 2025.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,318, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,010 per share.
Buy Or Sell Opportunity • Apr 07Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to JP¥2,330. The fair value is estimated to be JP¥2,980, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 7.0% per annum over the same time period.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥28.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.6%).
お知らせ • Mar 15Nitto Denko Corporation to Report Fiscal Year 2025 Results on Apr 25, 2025Nitto Denko Corporation announced that they will report fiscal year 2025 results on Apr 25, 2025
Reported Earnings • Jan 28Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: JP¥40.91 (down from JP¥52.45 in 3Q 2024). Revenue: JP¥256.6b (up 4.9% from 3Q 2024). Net income: JP¥28.7b (down 23% from 3Q 2024). Profit margin: 11% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 28%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 27+ 1 more updateNitto Denko Corporation (TSE:6988) announces an Equity Buyback for 34,000,000 shares, representing 4.84% for ¥80,000 million.Nitto Denko Corporation (TSE:6988) announces a share repurchase program. Under the program, the company will repurchase up to 34,000,000 shares, representing 4.84% of the outstanding shares for ¥80,000 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment and a comprehensive shareholder return policy. The program will run until August 31, 2025. As of December 31, 2024, the company had 701,852,200 shares outstanding and 4,908,550 shares in treasury.
お知らせ • Dec 14Nitto Denko Corporation to Report Q3, 2025 Results on Jan 27, 2025Nitto Denko Corporation announced that they will report Q3, 2025 results on Jan 27, 2025
Declared Dividend • Nov 30First half dividend of JP¥28.00 announcedShareholders will receive a dividend of JP¥28.00. Ex-date: 28th March 2025 Payment date: 24th June 2025 Dividend yield will be 7.0%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.3% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Oct 29Second quarter 2025 earnings: Revenues in line with analyst expectationsSecond quarter 2025 results: Revenue: JP¥272.4b (up 13% from 2Q 2024). Net income: JP¥43.8b (up 51% from 2Q 2024). Profit margin: 16% (up from 12% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Chemicals industry in Japan.
Buy Or Sell Opportunity • Oct 21Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.3% to JP¥2,434. The fair value is estimated to be JP¥3,052, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 8.0%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 4.6% per annum over the same time period.
New Risk • Sep 26New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 193% Dividend yield: 11% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (193% cash payout ratio). Share price has been volatile over the past 3 months (9.2% average weekly change).
Buy Or Sell Opportunity • Sep 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.6% to JP¥12,130. The fair value is estimated to be JP¥15,283, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 8.0%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 4.7% per annum over the same time period.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥140 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 25 November 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (2.4%).
お知らせ • Sep 14Nitto Denko Corporation to Report Q2, 2025 Results on Oct 28, 2024Nitto Denko Corporation announced that they will report Q2, 2025 results on Oct 28, 2024
お知らせ • Sep 04Nitto Denko Corporation to Launch Counseling System in California, U.SNitto Denko Corporation announced that it has launched sales of Counseling System in parts of California, United States from September 2024. Counseling System is a service that enables real-time analysis and visualization of a client's physiological data and feed it back to counselors and psychologists. Counseling System is a services that provides information useful to both the counselor and their clients, using a measurement device worn by the client to analyze and visualize physiological data (changes in blood flow) in real time as stress values generated by an algorithm developed by Nitto. Members from the American Psychological Association (APA) and other influential experts in the field of mental health are stress-Based Practice. Using a dedicated wearable device to obtain biofeedback, Counseling System has the potential to bring practical benefits to counselors, as it enables them to accurately grasp in real time the actions to and effects of counseling. From a client perspective too, by providing them information on the effects of received counseling in an objective and visually accessible format, it is anticipated that this information will help them to reaffirm the significance and value of counseling and maintain their motivation to continue receiving counseling care. The first target market under Counseling System's business strategy is the United States, where counseling has a strong presence. This year, its sales area is limited to parts of California, but Nitto aims to expand sales throughout the U.S. in the future. As of 2024, there are approximately 170,000 counselors holding a nationally recognized qualification in the U.S. The market for counseling is on a scale of JPY 1.78 trillion (as of 2022), and it is estimated that approximately 24.3 million clients are actually receiving counseling, and a further 28.6 million people are considered to be potentially in need of counseling care. The Nitto Group places ESG (Environment, Social, and Governance) at the core of its management and aims at simultaneously solving social issues and creating economic value. Positioning Power & Mobility, Digital Interface, and Human Life as the three focal domains, the group strives to become an essential company by leveraging the strengths of its technologies in the areas where these domains intersect with each other. Counseling System is a Service born from the fusion of multiple business areas, such as the optical technology that Nitto has cultivated through the development of polarizers and other products, and the development of Nitto's proprietary algorithms that are critical to the process of visualizing stress values. The Nitto Group will continue to develop its business in the digital health field, including Counseling System, and create new niche-top products that have never existed before.
Buy Or Sell Opportunity • Sep 03Now 20% undervaluedOver the last 90 days, the stock has risen 4.4% to JP¥12,195. The fair value is estimated to be JP¥15,299, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 8.0%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 4.7% per annum over the same time period.
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to JP¥9,181, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥15,439 per share.
Reported Earnings • Jul 28First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: JP¥257 (up from JP¥106 in 1Q 2024). Revenue: JP¥249.3b (up 20% from 1Q 2024). Net income: JP¥36.1b (up 138% from 1Q 2024). Profit margin: 14% (up from 7.3% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 61%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Jul 11Final dividend of JP¥140 announcedShareholders will receive a dividend of JP¥140. Ex-date: 27th September 2024 Payment date: 25th November 2024 Dividend yield will be 2.0%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • Jun 27Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Mariko Eto was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jun 26Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: JP¥720 (down from JP¥739 in FY 2023). Revenue: JP¥915.1b (down 1.5% from FY 2023). Net income: JP¥102.7b (down 5.9% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.2%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 15Nitto Denko Corporation to Report Q1, 2025 Results on Jul 26, 2024Nitto Denko Corporation announced that they will report Q1, 2025 results on Jul 26, 2024
お知らせ • May 25Nitto Denko Corporation Revises Dividend Guidance for the Full Year Ending March 31, 2025Nitto Denko Corporation revised dividend guidance for the full year ending March 31, 2025. In conjunction with the stock split, the Company has revised the year-end dividend forecast forthe fiscal year ending March 31, 2025, which was announced on April 26, 2024, as follows. In this regard, revised forecast is the revision in conjunction with the stock split and there is no substantial change in the year-end dividend forecast per share in previous forecast. For the full year ending March 31, 2025, the company expects to pay dividend of JPY 140 per share compared to JPY 130 per share paid a year ago.
お知らせ • Apr 29Nitto Denko Corporation, Annual General Meeting, Jun 21, 2024Nitto Denko Corporation, Annual General Meeting, Jun 21, 2024.
お知らせ • Apr 28Nitto Denko Corporation Provides Earnings Guidance for the First Half and Full Fiscal Year Ending March 31, 2025Nitto Denko Corporation provided earnings guidance for the first half and full fiscal year ending March 31, 2025. For the first half, the company expected revenue of JPY 448,000 million, Operating income to be JPY 68,500 million, Net income and Net income attributable to owners of the parent company to be JPY 48,000 million and Basic earnings per share of JPY 336.38.For the full year, the company expected revenue of JPY 910,000 million, Operating income to be JPY 140,000 million, Net income and Net income attributable to owners of the parent company to be JPY 100,000 million and Basic earnings per share of JPY 700.79.
Reported Earnings • Apr 27Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: JP¥720 (down from JP¥739 in FY 2023). Revenue: JP¥915.1b (down 1.5% from FY 2023). Net income: JP¥102.7b (down 5.9% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.2%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥130 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.1%).
お知らせ • Mar 14Nitto Denko Corporation to Report Fiscal Year 2024 Results on Apr 26, 2024Nitto Denko Corporation announced that they will report fiscal year 2024 results on Apr 26, 2024