View Future GrowthNitto Denko 과거 순이익 실적과거 기준 점검 2/6Nitto Denko은 연평균 10.3%의 비율로 수입이 증가해 온 반면, Chemicals 산업은 수입이 4.4% 감소했습니다. 매출은 연평균 5.1%의 비율로 증가했습니다. Nitto Denko의 자기자본이익률은 11.6%이고 순이익률은 13%입니다.핵심 정보10.33%순이익 성장률12.24%주당순이익(EPS) 성장률Chemicals 산업 성장률12.41%매출 성장률5.14%자기자본이익률11.62%순이익률12.98%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트공시 • 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, 2026공시 • 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, 2026공시 • 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, 2025공시 • 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, 2025공시 • 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, 2025공시 • 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, 2025모든 업데이트 보기Recent updatesBoard Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 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.공시 • Apr 27Nitto Denko Corporation, Annual General Meeting, Jun 19, 2026Nitto Denko Corporation, Annual General Meeting, Jun 19, 2026.공시 • 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.공시 • 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, 2026공시 • 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.공시 • 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, 2026공시 • 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.공시 • 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, 2025공시 • 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, 2025공시 • Apr 25Nitto Denko Corporation, Annual General Meeting, Jun 20, 2025Nitto Denko Corporation, Annual General Meeting, Jun 20, 2025.공시 • 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, 2025공시 • 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.공시 • 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, 2025Reported Earnings • Oct 29Second quarter 2025 earnings releasedSecond 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 is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Germany.Buy Or Sell Opportunity • Oct 04Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.4% to €14.60. The fair value is estimated to be €18.32, 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 4.5% 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 (7.5% average weekly change).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 German dividend payers (4.8%). Lower than average of industry peers (5.1%).공시 • 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, 2024공시 • 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.New Risk • Aug 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 German 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.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to €59.00, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Chemicals industry in Germany. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at €96.54 per share.Reported Earnings • Jul 29First quarter 2025 earnings released: EPS: JP¥257 (vs JP¥106 in 1Q 2024)First 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 is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year.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 188%, which is higher than the industry average of 6.1%. 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 released: EPS: JP¥720 (vs JP¥739 in FY 2023)Full 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 is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year.공시 • 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, 2024공시 • 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.공시 • Apr 29Nitto Denko Corporation, Annual General Meeting, Jun 21, 2024Nitto Denko Corporation, Annual General Meeting, Jun 21, 2024.Reported Earnings • Apr 28Full year 2024 earnings released: EPS: JP¥720 (vs JP¥739 in FY 2023)Full 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 is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year.공시 • 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.Buy Or Sell Opportunity • Apr 26Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to €84.00. The fair value is estimated to be €69.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.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 German dividend payers (4.9%). Lower than average of industry peers (4.8%).공시 • 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, 2024Buy Or Sell Opportunity • Feb 21Now 23% undervaluedOver the last 90 days, the stock has risen 31% to €84.50. The fair value is estimated to be €109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.Buy Or Sell Opportunity • Feb 02Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to €79.50. The fair value is estimated to be €65.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.공시 • Jan 29Nitto Denko Corporation (TSE:6988) announces an Equity Buyback for 3,000,000 shares, representing 2.1% for ¥30,000 million.Nitto Denko Corporation (TSE:6988) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 2.1% of the outstanding shares for ¥30,000 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 May 31, 2024. As of December 31, 2023, the company had 142,551,553 shares outstanding and 1,000,182 shares in treasury.Reported Earnings • Jan 28Third quarter 2024 earnings released: EPS: JP¥262 (vs JP¥219 in 3Q 2023)Third quarter 2024 results: EPS: JP¥262 (up from JP¥219 in 3Q 2023). Revenue: JP¥244.6b (down 3.7% from 3Q 2023). Net income: JP¥37.4b (up 16% from 3Q 2023). Profit margin: 15% (up from 13% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Dec 17Nitto Denko Corporation to Report Q3, 2024 Results on Jan 26, 2024Nitto Denko Corporation announced that they will report Q3, 2024 results on Jan 26, 2024공시 • Oct 28+ 1 more updateNitto Denko Corporation Announces Dividend for the Six Months Ended September 30, 2023, Payable on November 24, 2023; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024Nitto Denko Corporation announced dividend of JPY 130.00 per share for the six months ended September 30, 2023 against JPY 120.00 per share paid for the same period a year ago. Estimated starting date of dividend paying is November 24, 2023.The company expected to pay year-end dividend of JPY 130.00 per share for the fiscal year ending March 31, 2024 compared to JPY 120.00 per share paid a year ago.Reported Earnings • Oct 28Second quarter 2024 earnings released: EPS: JP¥204 (vs JP¥250 in 2Q 2023)Second quarter 2024 results: EPS: JP¥204 (down from JP¥250 in 2Q 2023). Revenue: JP¥240.9b (down 10% from 2Q 2023). Net income: JP¥29.0b (down 21% from 2Q 2023). Profit margin: 12% (down from 14% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Upcoming Dividend • Sep 21Upcoming dividend of JP¥130 per share at 2.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 27 November 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%).공시 • Sep 17Nitto Denko Corporation to Report Q2, 2024 Results on Oct 26, 2023Nitto Denko Corporation announced that they will report Q2, 2024 results on Oct 26, 2023공시 • Jul 27+ 1 more updateNitto Denko Corporation Provides Dividend Guidance for the Second Quarter and Fiscal Year Ending March 31, 2024Nitto Denko Corporation provided dividend guidance for the second quarter and fiscal year ending March 31, 2024. For the quarter, the company expects dividend of JPY 130 per share against JPY 120 per share paid a year ago.For the year, the company expects dividend of JPY 130 per share against JPY 120 per share paid a year ago.Reported Earnings • Jul 27First quarter 2024 earnings released: EPS: JP¥106 (vs JP¥179 in 1Q 2023)First quarter 2024 results: EPS: JP¥106 (down from JP¥179 in 1Q 2023). Revenue: JP¥208.5b (down 3.7% from 1Q 2023). Net income: JP¥15.2b (down 43% from 1Q 2023). Profit margin: 7.3% (down from 12% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.공시 • Jun 24Nitto Denko Corporation to Report Q1, 2024 Results on Jul 26, 2023Nitto Denko Corporation announced that they will report Q1, 2024 results on Jul 26, 2023Reported Earnings • Apr 28Full year 2023 earnings released: EPS: JP¥739 (vs JP¥656 in FY 2022)Full year 2023 results: EPS: JP¥739 (up from JP¥656 in FY 2022). Revenue: JP¥929.0b (up 8.9% from FY 2022). Net income: JP¥109.2b (up 12% from FY 2022). Profit margin: 12% (in line with FY 2022). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥120 per share at 2.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 20 June 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.7%).공시 • Jan 28+ 1 more updateNitto Denko Corporation Provides Earning Guidance for the Fiscal Year Ending March 31, 2023Nitto Denko Corporation provided earning guidance for the fiscal year ending March 31, 2023. For the period, the company expects revenue of JPY 940,000 million, operating income of JPY 145,000 million, net income of JPY 100,000 million, net income attributable to owners of parent of JPY 100,000 million and basic earnings per share of JPY 675.54.Reported Earnings • Jan 27Third quarter 2023 earnings released: EPS: JP¥219 (vs JP¥174 in 3Q 2022)Third quarter 2023 results: EPS: JP¥219 (up from JP¥174 in 3Q 2022). Revenue: JP¥254.1b (up 15% from 3Q 2022). Net income: JP¥32.4b (up 26% from 3Q 2022). Profit margin: 13% (up from 12% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공시 • Jan 27Nitto Denko Corporation (TSE:6988) announces an Equity Buyback for 7,000,000 shares, representing 4.73% for ¥50,000 million.Nitto Denko Corporation (TSE:6988) announces a share repurchase program. Under the program, the company will repurchase 7,000,000 shares, representing 4.73% of the outstanding shares for ¥50,000 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment and to improve total shareholder returns. The program will run until July 31, 2023. As of December 31, 2012, the company had 148,039,766 shares outstanding and 1,718,662 shares in treasury.공시 • Dec 28Nitto Denko Corporation Announces Resignation of Nobuhiro Todokoro as Representative DirectorNitto Denko Corporation announced that the Company accepted the resignation of Nobuhiro Todokoro from Representative Director and Director effective from December 28, 2022 due to health reasons.공시 • Dec 16Nitto Denko Corporation to Report Q3, 2023 Results on Jan 26, 2023Nitto Denko Corporation announced that they will report Q3, 2023 results on Jan 26, 2023공시 • Nov 09Nitto Denko Corporation Announces Dividend for the Second Quarter Ended September 30, 2022, Payable on November 25, 2022; Provides Dividend Guidance for the Year 2023Nitto Denko Corporation announced the cash dividend of JPY 120 per share for the second quarter ended September 30, 2022 against JPY 100 per share for the same period a year ago. Estimated starting date of dividend paying: November 25, 2022.For the year ending March 31, 2023, the company expects to pay dividend of JPY 120 per share compared to JPY 110 per share paid a year ago.Reported Earnings • Oct 27Second quarter 2023 earnings released: EPS: JP¥250 (vs JP¥211 in 2Q 2022)Second quarter 2023 results: EPS: JP¥250 (up from JP¥211 in 2Q 2022). Revenue: JP¥268.5b (up 21% from 2Q 2022). Net income: JP¥37.0b (up 18% from 2Q 2022). Profit margin: 14% (in line with 2Q 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.공시 • Oct 27+ 1 more updateNitto Denko Corporation Provides Earnings Guidance for the Fiscal Year Ending March 31, 2023Nitto Denko Corporation provided earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expected revenue of JPY 955,000 million, operating income of JPY 160,000 million, net income of JPY 115,000 million and net income attributable to owners of the parent company of JPY 115,000 million or Basic EPS of JPY 776.96.Upcoming Dividend • Sep 22Upcoming dividend of JP¥120 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 28 November 2022. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.1%).공시 • Sep 16Nitto Denko Corporation to Report Q2, 2023 Results on Oct 26, 2022Nitto Denko Corporation announced that they will report Q2, 2023 results on Oct 26, 2022공시 • Jul 27+ 1 more updateNitto Denko Corporation Provides Consolidated Earnings Guidance for the First Half and Fiscal Year Ending March 31, 2023Nitto Denko Corporation provided consolidated earnings guidance for the first half and fiscal year ending March 31, 2023. For the first half, the company expected net sales of JPY 490,000 million, operating income of JPY 95,000 million, net income attribute to owners of parent company to be JPY 68,000 million and basic earnings per share of JPY 459.42. For the fiscal year, the company expected net sales of JPY 955,000 million, operating income of JPY 160,000 million, net income attribute to owners of parent company of JPY 115,000 million and basic earnings per share of JPY 776.96.Reported Earnings • Jul 27First quarter 2023 earnings released: EPS: JP¥179 (vs JP¥141 in 1Q 2022)First quarter 2023 results: EPS: JP¥179 (up from JP¥141 in 1Q 2022). Revenue: JP¥216.4b (up 6.2% from 1Q 2022). Net income: JP¥26.4b (up 27% from 1Q 2022). Profit margin: 12% (up from 10% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.2%, compared to a 7.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.공시 • Jul 02Nitto Denko Corporation (TSE:6988) completed the acquisition of Mondi Gronau GmbH, Mondi Ascania GmbH, Mondi (China) Film Technology Co., Ltd. and Personal Care Components business of Mondi from Mondi Consumer Packaging International AG, Mondi Jackson LLC and Mondi Holding Deutschland GmbH.Nitto Denko Corporation (TSE:6988) agreed to acquire Mondi Gronau GmbH, Mondi Ascania GmbH, Mondi (China) Film Technology Co., Ltd. and Personal Care Components business of Mondi from Mondi Consumer Packaging International AG, Mondi Jackson LLC and Mondi Holding Deutschland GmbH for approximately €620 million on February 17, 2022. The closing of the Acquisition is subject to the completion of procedures related to antitrust clearance and regulatory authorities in Germany and other required countries, as well as other customary closing conditions. The deal is expected to close in Middle of 2022. The proceeds received from the transaction will be used for general corporate purposes in line with the Group’s capital allocation policy. Ernst & Young acted as Financial, Tax, IT and Carve-out due diligence services to Nitto Denko Corporation. Hengeler Mueller advised Nitto in an integrated team with Japanese law firm Nagashima Ohno & Tsunematsu on the transaction. Nitto Denko Corporation (TSE:6988) completed the acquisition of Mondi Gronau GmbH, Mondi Ascania GmbH, Mondi (China) Film Technology Co., Ltd. and Personal Care Components business of Mondi from Mondi Consumer Packaging International AG, Mondi Jackson LLC and Mondi Holding Deutschland GmbH on July 1, 2022.Reported Earnings • Jun 22Full year 2022 earnings released: EPS: JP¥656 (vs JP¥473 in FY 2021)Full year 2022 results: EPS: JP¥656 (up from JP¥473 in FY 2021). Revenue: JP¥853.4b (up 12% from FY 2021). Net income: JP¥97.1b (up 38% from FY 2021). Profit margin: 11% (up from 9.2% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.9%, compared to a 7.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.공시 • Jun 15Nitto Denko Corporation to Report Q1, 2023 Results on Jul 26, 2022Nitto Denko Corporation announced that they will report Q1, 2023 results on Jul 26, 2022공시 • Jun 02Nitto Denko Corporation (TSE:6988) acquired Bend Labs, Inc.Nitto Denko Corporation (TSE:6988) acquired Bend Labs, Inc. on June 1, 2022. Bend Labs starts its business as Nitto Bend Technologies, Inc. Bend Labs reported $5.9 million sales for FY2021. The impact of this acquisition on Nitto's consolidated earnings forecast for FY2022 is insignificant. In case significant effect is recognized, Nitto will report it thereafter. Nitto Denko Corporation (TSE:6988) completed the acquisition of Bend Labs, Inc. on June 1, 2022.Reported Earnings • Apr 28Full year 2022 earnings released: EPS: JP¥656 (vs JP¥473 in FY 2021)Full year 2022 results: EPS: JP¥656 (up from JP¥473 in FY 2021). Revenue: JP¥853.4b (up 12% from FY 2021). Net income: JP¥97.1b (up 38% from FY 2021). Profit margin: 11% (up from 9.2% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.4%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.공시 • Apr 27+ 2 more updatesNitto Denko Corporation Announces Year End Dividend for the Year Ended March 2022, Payable on June 20, 2022; Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2023Nitto Denko Corporation announced year end dividend for the year ended March 2022. For the period, the company announced dividend of JPY 110 per share compared to JPY 100 per share paid a year ago. The dividend will be payable on June 20, 2022. The company provided dividend guidance for the second quarter and full year ending March 31, 2023. For the second quarter, the company expected dividend of JPY 120 per share compared to JPY 110 per share paid a year ago. For the full year, the company expected dividend of JPY 120 per share compared to JPY 110 per share paid a year ago.공시 • Apr 26Nitto Denko Corporation, Annual General Meeting, Jun 17, 2022Nitto Denko Corporation, Annual General Meeting, Jun 17, 2022.Buying Opportunity • Apr 20Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.1%. The fair value is estimated to be €78.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings is also forecast to grow by 6.0% per annum over the same time period.Upcoming Dividend • Mar 23Upcoming dividend of JP¥110 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 21 June 2022. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (4.8%).공시 • Feb 18Nitto Denko Corporation (TSE:6988) agreed to acquire Mondi Gronau GmbH, Mondi Ascania GmbH, Mondi (China) Film Technology Co., Ltd. and Personal Care Components business of Mondi from Mondi Consumer Packaging International AG, Mondi Jackson LLC and Mondi Holding Deutschland GmbH for approximately €620 million.Nitto Denko Corporation (TSE:6988) agreed to acquire Mondi Gronau GmbH, Mondi Ascania GmbH, Mondi (China) Film Technology Co., Ltd. and Personal Care Components business of Mondi from Mondi Consumer Packaging International AG, Mondi Jackson LLC and Mondi Holding Deutschland GmbH for approximately €620 million on February 17, 2022. The closing of the Acquisition is subject to the completion of procedures related to antitrust clearance and regulatory authorities in Germany and other required countries, as well as other customary closing conditions. The deal is expected to close in Middle of 2022.Buying Opportunity • Feb 04Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.2%. The fair value is estimated to be JP¥83.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17% per annum over the last 3 years.Reported Earnings • Jan 29Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥174 (up from JP¥166 in 3Q 2021). Revenue: JP¥220.3b (up 5.7% from 3Q 2021). Net income: JP¥25.8b (up 4.9% from 3Q 2021). Profit margin: 12% (in line with 3Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 1.4%, compared to a 5.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.공시 • Jan 26Nitto Denko Corporation Announces Earnings Guidance for the Fiscal Year Ending March 31, 2022Nitto Denko Corporation announced earnings guidance for the fiscal year ending March 31, 2022. For the full Fiscal Year, the company expects sales of JPY 855,000 million, Operating income of JPY 133,000 million, net income of JPY 95,000 million and net income per share of JPY 641.93.Reported Earnings • Oct 27Second quarter 2022 earnings released: EPS JP¥211 (vs JP¥125 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥222.2b (up 14% from 2Q 2021). Net income: JP¥31.3b (up 69% from 2Q 2021). Profit margin: 14% (up from 9.5% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 5% per year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥110 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 27 November 2021. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.7%).Reported Earnings • Jul 27First quarter 2022 earnings released: EPS JP¥141 (vs JP¥80.03 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥203.7b (up 25% from 1Q 2021). Net income: JP¥20.8b (up 73% from 1Q 2021). Profit margin: 10% (up from 7.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat.Reported Earnings • Apr 29Full year 2021 earnings released: EPS JP¥473 (vs JP¥301 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥761.3b (up 2.7% from FY 2020). Net income: JP¥70.2b (up 49% from FY 2020). Profit margin: 9.2% (up from 6.4% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.공시 • Apr 27+ 1 more updateNitto Denko Corporation Provides Earnings Guidance for the Fiscal 2021Nitto Denko Corporation provided earnings guidance for the fiscal 2021. For the year, the company expects revenue of JPY 785,000 million, operating income o JPY 105,000 million and net income of JPY 75,000 million, net income attributable to owners of the parent company was JPY 75,000 million, Basic earnings per share was 506.87 per basic share.Upcoming Dividend • Mar 24Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 22 June 2021. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.6%).공시 • Mar 13Nitto Denko Corporation to Report Fiscal Year 2021 Results on Apr 26, 2021Nitto Denko Corporation announced that they will report fiscal year 2021 results on Apr 26, 2021공시 • Jan 28Nitto Denko Corporation Revises Earnings Guidance for the Second Half and Full Year Ending March 2020Nitto Denko Corporation revised earnings guidance for the second half and full year ending March 2020. For the second half, the company expects revised revenue of JPY 397,263 million, operating Income of JPY 47,633 million and net income of JPY 34,427 million compared to previously expected revenue of JPY 357,263 million, operating Income of JPY 32,633 million and net income of JPY 21,427 million. For the full year, the company expects revised revenue of JPY 755,000 million, operating Income of JPY 90,000 million and net income of JPY 65,000 million compared to previously expected revenue of JPY 715,000 million, operating Income of JPY 75,000 million and net income of JPY 52,000 million.Reported Earnings • Jan 27Third quarter 2021 earnings released: EPS JP¥166 (vs JP¥86.20 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥208.5b (up 8.3% from 3Q 2020). Net income: JP¥24.6b (up 82% from 3Q 2020). Profit margin: 12% (up from 7.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Jan 27Revenue beats expectationsRevenue exceeded analyst estimates by 8.2%. Over the next year, revenue is forecast to grow 1.2%, compared to a 4.7% growth forecast for the Chemicals industry in Germany.Is New 90 Day High Low • Jan 27New 90-day high: €81.00The company is up 33% from its price of €61.00 on 29 October 2020. The German market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €49.17 per share.공시 • Jan 25Nitto Denko Corporation to Report Q3, 2021 Results on Jan 26, 2021Nitto Denko Corporation announced that they will report Q3, 2021 results at 4:00 PM, Tokyo Standard Time on Jan 26, 2021Is New 90 Day High Low • Dec 30New 90-day high: €71.50The company is up 31% from its price of €54.50 on 01 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €49.17 per share.공시 • Oct 01Nitto Denko Corporation Announces Split Absorption-Type Split with Consolidated Subsidiary Nissho CorporationNitto Denko Corporation announced that it was decided at its Board of Directors meeting held on September 30, 2020 to split a portion of the external sales and parts converting operations of its domestic automotive business to be succeeded by its wholly-owned subsidiary Nissho Corporation through an absorption-type split (hereinafter, the "Absorption-type Split") with an effective date of April 1, 2021. Because the Absorption-type Split is an absorption-type split involving a wholly-owned subsidiary, disclosure of certain particulars and information has been omitted. The transportation sector, the core of which is the automotive industry, offers high growth potential and, as such, is one of the focus areas of the Company. Today, the ongoing COVID-19 global pandemic is having no small impact on the automotive industry, with the result that the competitive landscape within the industry and people's perceptions of mobility have begun to change. To further enhance its competitive edge in this fast- changing operating environment, the Company has decided to transfer a portion of the domestic external sales and parts converting operations of its Transportation Business Sector to Nissho. Nitto Denko Corporation (splitting company), Nissho Corporation (succeeding company).공시 • Sep 03Nitto Denko Corporation to Report Q2, 2021 Results on Oct 26, 2020Nitto Denko Corporation announced that they will report Q2, 2021 results on Oct 26, 2020매출 및 비용 세부 내역Nitto Denko가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:ND5 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비31 Mar 261,028,171133,498156,32248,02531 Dec 251,021,788134,251153,97047,02230 Sep 251,005,724126,188151,88547,03630 Jun 251,010,760132,412151,72046,89331 Mar 251,013,878137,237151,83546,77131 Dec 24999,524129,768150,76545,81630 Sep 24987,518138,438149,71344,63630 Jun 24955,994123,639147,55943,74431 Mar 24915,139102,679146,14343,48531 Dec 23883,95795,007145,44842,16530 Sep 23893,47189,991145,78741,64730 Jun 23921,12397,902147,56441,29131 Mar 23929,036109,173145,43640,17531 Dec 22946,156115,000143,53240,49130 Sep 22912,406108,392139,46939,02530 Jun 22866,101102,727133,56737,98131 Mar 22853,44897,132129,62537,27131 Dec 21841,38293,027125,12236,65530 Sep 21829,53591,829118,37336,64430 Jun 21801,72679,041112,53936,07631 Mar 21761,32170,235107,72235,26131 Dec 20736,49359,605106,39634,77230 Sep 20720,47048,567107,32734,50230 Jun 20727,09048,912108,49233,91031 Mar 20741,01847,156111,36833,76531 Dec 19747,05848,534111,07833,73330 Sep 19781,10260,542116,13332,91930 Jun 19791,61859,674119,12931,99931 Mar 19806,49566,560120,57631,99031 Dec 18826,45667,704122,77130,80630 Sep 18832,88874,974120,57031,02430 Jun 18847,19084,197119,38831,42231 Mar 18856,26287,377118,42131,24331 Dec 17861,47397,586117,83631,53830 Sep 17839,78490,431113,51730,99230 Jun 17800,48677,000110,21530,83431 Mar 17767,71063,453109,31730,36631 Dec 16735,89657,46999,76130,48230 Sep 16732,29656,030101,57531,14830 Jun 16758,25669,893105,13331,73431 Mar 16793,05481,683106,54432,12031 Dec 15825,00291,422105,03931,49330 Sep 15847,46393,548109,49930,55630 Jun 15842,54284,403107,51428,988양질의 수익: ND5는 고품질 수익을 보유하고 있습니다.이익 마진 증가: ND5의 현재 순 이익률 (13%)은 지난해 (13.5%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: ND5의 수익은 지난 5년 동안 연평균 10.3% 증가했습니다.성장 가속화: ND5은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: ND5은 지난 1년 동안 수익이 감소(-2.7%)하여 Chemicals 업계 평균(-13.5%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: ND5의 자본 수익률(11.6%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 03:45종가2026/05/21 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Nitto Denko Corporation는 25명의 분석가가 다루고 있습니다. 이 중 12명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관George ChangAletheia Analyst Network LimitedMikiya YamadaBarclaysMasashi KubotaBofA Global Research22명의 분석가 더 보기
공시 • 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
공시 • 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
공시 • 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
공시 • 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
공시 • 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
공시 • 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
Board Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 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.
공시 • Apr 27Nitto Denko Corporation, Annual General Meeting, Jun 19, 2026Nitto Denko Corporation, Annual General Meeting, Jun 19, 2026.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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
공시 • 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
공시 • Apr 25Nitto Denko Corporation, Annual General Meeting, Jun 20, 2025Nitto Denko Corporation, Annual General Meeting, Jun 20, 2025.
공시 • 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
공시 • 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.
공시 • 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
Reported Earnings • Oct 29Second quarter 2025 earnings releasedSecond 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 is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Germany.
Buy Or Sell Opportunity • Oct 04Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.4% to €14.60. The fair value is estimated to be €18.32, 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 4.5% 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 (7.5% average weekly change).
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 German dividend payers (4.8%). Lower than average of industry peers (5.1%).
공시 • 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
공시 • 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.
New Risk • Aug 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 German 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.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to €59.00, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Chemicals industry in Germany. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at €96.54 per share.
Reported Earnings • Jul 29First quarter 2025 earnings released: EPS: JP¥257 (vs JP¥106 in 1Q 2024)First 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 is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year.
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 188%, which is higher than the industry average of 6.1%. 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 released: EPS: JP¥720 (vs JP¥739 in FY 2023)Full 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 is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year.
공시 • 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
공시 • 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.
공시 • Apr 29Nitto Denko Corporation, Annual General Meeting, Jun 21, 2024Nitto Denko Corporation, Annual General Meeting, Jun 21, 2024.
Reported Earnings • Apr 28Full year 2024 earnings released: EPS: JP¥720 (vs JP¥739 in FY 2023)Full 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 is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year.
공시 • 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.
Buy Or Sell Opportunity • Apr 26Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to €84.00. The fair value is estimated to be €69.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.
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 German dividend payers (4.9%). Lower than average of industry peers (4.8%).
공시 • 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
Buy Or Sell Opportunity • Feb 21Now 23% undervaluedOver the last 90 days, the stock has risen 31% to €84.50. The fair value is estimated to be €109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.
Buy Or Sell Opportunity • Feb 02Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to €79.50. The fair value is estimated to be €65.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.
공시 • Jan 29Nitto Denko Corporation (TSE:6988) announces an Equity Buyback for 3,000,000 shares, representing 2.1% for ¥30,000 million.Nitto Denko Corporation (TSE:6988) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 2.1% of the outstanding shares for ¥30,000 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 May 31, 2024. As of December 31, 2023, the company had 142,551,553 shares outstanding and 1,000,182 shares in treasury.
Reported Earnings • Jan 28Third quarter 2024 earnings released: EPS: JP¥262 (vs JP¥219 in 3Q 2023)Third quarter 2024 results: EPS: JP¥262 (up from JP¥219 in 3Q 2023). Revenue: JP¥244.6b (down 3.7% from 3Q 2023). Net income: JP¥37.4b (up 16% from 3Q 2023). Profit margin: 15% (up from 13% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Dec 17Nitto Denko Corporation to Report Q3, 2024 Results on Jan 26, 2024Nitto Denko Corporation announced that they will report Q3, 2024 results on Jan 26, 2024
공시 • Oct 28+ 1 more updateNitto Denko Corporation Announces Dividend for the Six Months Ended September 30, 2023, Payable on November 24, 2023; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024Nitto Denko Corporation announced dividend of JPY 130.00 per share for the six months ended September 30, 2023 against JPY 120.00 per share paid for the same period a year ago. Estimated starting date of dividend paying is November 24, 2023.The company expected to pay year-end dividend of JPY 130.00 per share for the fiscal year ending March 31, 2024 compared to JPY 120.00 per share paid a year ago.
Reported Earnings • Oct 28Second quarter 2024 earnings released: EPS: JP¥204 (vs JP¥250 in 2Q 2023)Second quarter 2024 results: EPS: JP¥204 (down from JP¥250 in 2Q 2023). Revenue: JP¥240.9b (down 10% from 2Q 2023). Net income: JP¥29.0b (down 21% from 2Q 2023). Profit margin: 12% (down from 14% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥130 per share at 2.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 27 November 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%).
공시 • Sep 17Nitto Denko Corporation to Report Q2, 2024 Results on Oct 26, 2023Nitto Denko Corporation announced that they will report Q2, 2024 results on Oct 26, 2023
공시 • Jul 27+ 1 more updateNitto Denko Corporation Provides Dividend Guidance for the Second Quarter and Fiscal Year Ending March 31, 2024Nitto Denko Corporation provided dividend guidance for the second quarter and fiscal year ending March 31, 2024. For the quarter, the company expects dividend of JPY 130 per share against JPY 120 per share paid a year ago.For the year, the company expects dividend of JPY 130 per share against JPY 120 per share paid a year ago.
Reported Earnings • Jul 27First quarter 2024 earnings released: EPS: JP¥106 (vs JP¥179 in 1Q 2023)First quarter 2024 results: EPS: JP¥106 (down from JP¥179 in 1Q 2023). Revenue: JP¥208.5b (down 3.7% from 1Q 2023). Net income: JP¥15.2b (down 43% from 1Q 2023). Profit margin: 7.3% (down from 12% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
공시 • Jun 24Nitto Denko Corporation to Report Q1, 2024 Results on Jul 26, 2023Nitto Denko Corporation announced that they will report Q1, 2024 results on Jul 26, 2023
Reported Earnings • Apr 28Full year 2023 earnings released: EPS: JP¥739 (vs JP¥656 in FY 2022)Full year 2023 results: EPS: JP¥739 (up from JP¥656 in FY 2022). Revenue: JP¥929.0b (up 8.9% from FY 2022). Net income: JP¥109.2b (up 12% from FY 2022). Profit margin: 12% (in line with FY 2022). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥120 per share at 2.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 20 June 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.7%).
공시 • Jan 28+ 1 more updateNitto Denko Corporation Provides Earning Guidance for the Fiscal Year Ending March 31, 2023Nitto Denko Corporation provided earning guidance for the fiscal year ending March 31, 2023. For the period, the company expects revenue of JPY 940,000 million, operating income of JPY 145,000 million, net income of JPY 100,000 million, net income attributable to owners of parent of JPY 100,000 million and basic earnings per share of JPY 675.54.
Reported Earnings • Jan 27Third quarter 2023 earnings released: EPS: JP¥219 (vs JP¥174 in 3Q 2022)Third quarter 2023 results: EPS: JP¥219 (up from JP¥174 in 3Q 2022). Revenue: JP¥254.1b (up 15% from 3Q 2022). Net income: JP¥32.4b (up 26% from 3Q 2022). Profit margin: 13% (up from 12% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공시 • Jan 27Nitto Denko Corporation (TSE:6988) announces an Equity Buyback for 7,000,000 shares, representing 4.73% for ¥50,000 million.Nitto Denko Corporation (TSE:6988) announces a share repurchase program. Under the program, the company will repurchase 7,000,000 shares, representing 4.73% of the outstanding shares for ¥50,000 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment and to improve total shareholder returns. The program will run until July 31, 2023. As of December 31, 2012, the company had 148,039,766 shares outstanding and 1,718,662 shares in treasury.
공시 • Dec 28Nitto Denko Corporation Announces Resignation of Nobuhiro Todokoro as Representative DirectorNitto Denko Corporation announced that the Company accepted the resignation of Nobuhiro Todokoro from Representative Director and Director effective from December 28, 2022 due to health reasons.
공시 • Dec 16Nitto Denko Corporation to Report Q3, 2023 Results on Jan 26, 2023Nitto Denko Corporation announced that they will report Q3, 2023 results on Jan 26, 2023
공시 • Nov 09Nitto Denko Corporation Announces Dividend for the Second Quarter Ended September 30, 2022, Payable on November 25, 2022; Provides Dividend Guidance for the Year 2023Nitto Denko Corporation announced the cash dividend of JPY 120 per share for the second quarter ended September 30, 2022 against JPY 100 per share for the same period a year ago. Estimated starting date of dividend paying: November 25, 2022.For the year ending March 31, 2023, the company expects to pay dividend of JPY 120 per share compared to JPY 110 per share paid a year ago.
Reported Earnings • Oct 27Second quarter 2023 earnings released: EPS: JP¥250 (vs JP¥211 in 2Q 2022)Second quarter 2023 results: EPS: JP¥250 (up from JP¥211 in 2Q 2022). Revenue: JP¥268.5b (up 21% from 2Q 2022). Net income: JP¥37.0b (up 18% from 2Q 2022). Profit margin: 14% (in line with 2Q 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
공시 • Oct 27+ 1 more updateNitto Denko Corporation Provides Earnings Guidance for the Fiscal Year Ending March 31, 2023Nitto Denko Corporation provided earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expected revenue of JPY 955,000 million, operating income of JPY 160,000 million, net income of JPY 115,000 million and net income attributable to owners of the parent company of JPY 115,000 million or Basic EPS of JPY 776.96.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥120 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 28 November 2022. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.1%).
공시 • Sep 16Nitto Denko Corporation to Report Q2, 2023 Results on Oct 26, 2022Nitto Denko Corporation announced that they will report Q2, 2023 results on Oct 26, 2022
공시 • Jul 27+ 1 more updateNitto Denko Corporation Provides Consolidated Earnings Guidance for the First Half and Fiscal Year Ending March 31, 2023Nitto Denko Corporation provided consolidated earnings guidance for the first half and fiscal year ending March 31, 2023. For the first half, the company expected net sales of JPY 490,000 million, operating income of JPY 95,000 million, net income attribute to owners of parent company to be JPY 68,000 million and basic earnings per share of JPY 459.42. For the fiscal year, the company expected net sales of JPY 955,000 million, operating income of JPY 160,000 million, net income attribute to owners of parent company of JPY 115,000 million and basic earnings per share of JPY 776.96.
Reported Earnings • Jul 27First quarter 2023 earnings released: EPS: JP¥179 (vs JP¥141 in 1Q 2022)First quarter 2023 results: EPS: JP¥179 (up from JP¥141 in 1Q 2022). Revenue: JP¥216.4b (up 6.2% from 1Q 2022). Net income: JP¥26.4b (up 27% from 1Q 2022). Profit margin: 12% (up from 10% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.2%, compared to a 7.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
공시 • Jul 02Nitto Denko Corporation (TSE:6988) completed the acquisition of Mondi Gronau GmbH, Mondi Ascania GmbH, Mondi (China) Film Technology Co., Ltd. and Personal Care Components business of Mondi from Mondi Consumer Packaging International AG, Mondi Jackson LLC and Mondi Holding Deutschland GmbH.Nitto Denko Corporation (TSE:6988) agreed to acquire Mondi Gronau GmbH, Mondi Ascania GmbH, Mondi (China) Film Technology Co., Ltd. and Personal Care Components business of Mondi from Mondi Consumer Packaging International AG, Mondi Jackson LLC and Mondi Holding Deutschland GmbH for approximately €620 million on February 17, 2022. The closing of the Acquisition is subject to the completion of procedures related to antitrust clearance and regulatory authorities in Germany and other required countries, as well as other customary closing conditions. The deal is expected to close in Middle of 2022. The proceeds received from the transaction will be used for general corporate purposes in line with the Group’s capital allocation policy. Ernst & Young acted as Financial, Tax, IT and Carve-out due diligence services to Nitto Denko Corporation. Hengeler Mueller advised Nitto in an integrated team with Japanese law firm Nagashima Ohno & Tsunematsu on the transaction. Nitto Denko Corporation (TSE:6988) completed the acquisition of Mondi Gronau GmbH, Mondi Ascania GmbH, Mondi (China) Film Technology Co., Ltd. and Personal Care Components business of Mondi from Mondi Consumer Packaging International AG, Mondi Jackson LLC and Mondi Holding Deutschland GmbH on July 1, 2022.
Reported Earnings • Jun 22Full year 2022 earnings released: EPS: JP¥656 (vs JP¥473 in FY 2021)Full year 2022 results: EPS: JP¥656 (up from JP¥473 in FY 2021). Revenue: JP¥853.4b (up 12% from FY 2021). Net income: JP¥97.1b (up 38% from FY 2021). Profit margin: 11% (up from 9.2% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.9%, compared to a 7.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
공시 • Jun 15Nitto Denko Corporation to Report Q1, 2023 Results on Jul 26, 2022Nitto Denko Corporation announced that they will report Q1, 2023 results on Jul 26, 2022
공시 • Jun 02Nitto Denko Corporation (TSE:6988) acquired Bend Labs, Inc.Nitto Denko Corporation (TSE:6988) acquired Bend Labs, Inc. on June 1, 2022. Bend Labs starts its business as Nitto Bend Technologies, Inc. Bend Labs reported $5.9 million sales for FY2021. The impact of this acquisition on Nitto's consolidated earnings forecast for FY2022 is insignificant. In case significant effect is recognized, Nitto will report it thereafter. Nitto Denko Corporation (TSE:6988) completed the acquisition of Bend Labs, Inc. on June 1, 2022.
Reported Earnings • Apr 28Full year 2022 earnings released: EPS: JP¥656 (vs JP¥473 in FY 2021)Full year 2022 results: EPS: JP¥656 (up from JP¥473 in FY 2021). Revenue: JP¥853.4b (up 12% from FY 2021). Net income: JP¥97.1b (up 38% from FY 2021). Profit margin: 11% (up from 9.2% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.4%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
공시 • Apr 27+ 2 more updatesNitto Denko Corporation Announces Year End Dividend for the Year Ended March 2022, Payable on June 20, 2022; Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2023Nitto Denko Corporation announced year end dividend for the year ended March 2022. For the period, the company announced dividend of JPY 110 per share compared to JPY 100 per share paid a year ago. The dividend will be payable on June 20, 2022. The company provided dividend guidance for the second quarter and full year ending March 31, 2023. For the second quarter, the company expected dividend of JPY 120 per share compared to JPY 110 per share paid a year ago. For the full year, the company expected dividend of JPY 120 per share compared to JPY 110 per share paid a year ago.
공시 • Apr 26Nitto Denko Corporation, Annual General Meeting, Jun 17, 2022Nitto Denko Corporation, Annual General Meeting, Jun 17, 2022.
Buying Opportunity • Apr 20Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.1%. The fair value is estimated to be €78.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings is also forecast to grow by 6.0% per annum over the same time period.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥110 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 21 June 2022. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (4.8%).
공시 • Feb 18Nitto Denko Corporation (TSE:6988) agreed to acquire Mondi Gronau GmbH, Mondi Ascania GmbH, Mondi (China) Film Technology Co., Ltd. and Personal Care Components business of Mondi from Mondi Consumer Packaging International AG, Mondi Jackson LLC and Mondi Holding Deutschland GmbH for approximately €620 million.Nitto Denko Corporation (TSE:6988) agreed to acquire Mondi Gronau GmbH, Mondi Ascania GmbH, Mondi (China) Film Technology Co., Ltd. and Personal Care Components business of Mondi from Mondi Consumer Packaging International AG, Mondi Jackson LLC and Mondi Holding Deutschland GmbH for approximately €620 million on February 17, 2022. The closing of the Acquisition is subject to the completion of procedures related to antitrust clearance and regulatory authorities in Germany and other required countries, as well as other customary closing conditions. The deal is expected to close in Middle of 2022.
Buying Opportunity • Feb 04Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.2%. The fair value is estimated to be JP¥83.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17% per annum over the last 3 years.
Reported Earnings • Jan 29Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥174 (up from JP¥166 in 3Q 2021). Revenue: JP¥220.3b (up 5.7% from 3Q 2021). Net income: JP¥25.8b (up 4.9% from 3Q 2021). Profit margin: 12% (in line with 3Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 1.4%, compared to a 5.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
공시 • Jan 26Nitto Denko Corporation Announces Earnings Guidance for the Fiscal Year Ending March 31, 2022Nitto Denko Corporation announced earnings guidance for the fiscal year ending March 31, 2022. For the full Fiscal Year, the company expects sales of JPY 855,000 million, Operating income of JPY 133,000 million, net income of JPY 95,000 million and net income per share of JPY 641.93.
Reported Earnings • Oct 27Second quarter 2022 earnings released: EPS JP¥211 (vs JP¥125 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥222.2b (up 14% from 2Q 2021). Net income: JP¥31.3b (up 69% from 2Q 2021). Profit margin: 14% (up from 9.5% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 5% per year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥110 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 27 November 2021. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.7%).
Reported Earnings • Jul 27First quarter 2022 earnings released: EPS JP¥141 (vs JP¥80.03 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥203.7b (up 25% from 1Q 2021). Net income: JP¥20.8b (up 73% from 1Q 2021). Profit margin: 10% (up from 7.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat.
Reported Earnings • Apr 29Full year 2021 earnings released: EPS JP¥473 (vs JP¥301 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥761.3b (up 2.7% from FY 2020). Net income: JP¥70.2b (up 49% from FY 2020). Profit margin: 9.2% (up from 6.4% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
공시 • Apr 27+ 1 more updateNitto Denko Corporation Provides Earnings Guidance for the Fiscal 2021Nitto Denko Corporation provided earnings guidance for the fiscal 2021. For the year, the company expects revenue of JPY 785,000 million, operating income o JPY 105,000 million and net income of JPY 75,000 million, net income attributable to owners of the parent company was JPY 75,000 million, Basic earnings per share was 506.87 per basic share.
Upcoming Dividend • Mar 24Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 22 June 2021. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.6%).
공시 • Mar 13Nitto Denko Corporation to Report Fiscal Year 2021 Results on Apr 26, 2021Nitto Denko Corporation announced that they will report fiscal year 2021 results on Apr 26, 2021
공시 • Jan 28Nitto Denko Corporation Revises Earnings Guidance for the Second Half and Full Year Ending March 2020Nitto Denko Corporation revised earnings guidance for the second half and full year ending March 2020. For the second half, the company expects revised revenue of JPY 397,263 million, operating Income of JPY 47,633 million and net income of JPY 34,427 million compared to previously expected revenue of JPY 357,263 million, operating Income of JPY 32,633 million and net income of JPY 21,427 million. For the full year, the company expects revised revenue of JPY 755,000 million, operating Income of JPY 90,000 million and net income of JPY 65,000 million compared to previously expected revenue of JPY 715,000 million, operating Income of JPY 75,000 million and net income of JPY 52,000 million.
Reported Earnings • Jan 27Third quarter 2021 earnings released: EPS JP¥166 (vs JP¥86.20 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥208.5b (up 8.3% from 3Q 2020). Net income: JP¥24.6b (up 82% from 3Q 2020). Profit margin: 12% (up from 7.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Jan 27Revenue beats expectationsRevenue exceeded analyst estimates by 8.2%. Over the next year, revenue is forecast to grow 1.2%, compared to a 4.7% growth forecast for the Chemicals industry in Germany.
Is New 90 Day High Low • Jan 27New 90-day high: €81.00The company is up 33% from its price of €61.00 on 29 October 2020. The German market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €49.17 per share.
공시 • Jan 25Nitto Denko Corporation to Report Q3, 2021 Results on Jan 26, 2021Nitto Denko Corporation announced that they will report Q3, 2021 results at 4:00 PM, Tokyo Standard Time on Jan 26, 2021
Is New 90 Day High Low • Dec 30New 90-day high: €71.50The company is up 31% from its price of €54.50 on 01 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €49.17 per share.
공시 • Oct 01Nitto Denko Corporation Announces Split Absorption-Type Split with Consolidated Subsidiary Nissho CorporationNitto Denko Corporation announced that it was decided at its Board of Directors meeting held on September 30, 2020 to split a portion of the external sales and parts converting operations of its domestic automotive business to be succeeded by its wholly-owned subsidiary Nissho Corporation through an absorption-type split (hereinafter, the "Absorption-type Split") with an effective date of April 1, 2021. Because the Absorption-type Split is an absorption-type split involving a wholly-owned subsidiary, disclosure of certain particulars and information has been omitted. The transportation sector, the core of which is the automotive industry, offers high growth potential and, as such, is one of the focus areas of the Company. Today, the ongoing COVID-19 global pandemic is having no small impact on the automotive industry, with the result that the competitive landscape within the industry and people's perceptions of mobility have begun to change. To further enhance its competitive edge in this fast- changing operating environment, the Company has decided to transfer a portion of the domestic external sales and parts converting operations of its Transportation Business Sector to Nissho. Nitto Denko Corporation (splitting company), Nissho Corporation (succeeding company).
공시 • Sep 03Nitto Denko Corporation to Report Q2, 2021 Results on Oct 26, 2020Nitto Denko Corporation announced that they will report Q2, 2021 results on Oct 26, 2020