TSE:6988Chemicals
Nitto Denko (TSE:6988) Lifts Guidance, Is The Stock Undervalued?
Raised guidance puts Nitto Denko in focus
Nitto Denko (TSE:6988) raised its earnings guidance for the first half of fiscal 2026 and the full year, pointing to stronger demand across key electronics materials and support from a weaker yen.
The new forecast includes projected first half revenue of ¥564,000 million and net profit of ¥76,000 million. For the full year to March 2027, the company now guides to revenue of ¥1,110,000 million and net profit of ¥142,000 million.
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