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Nitto Boseki (TSE:3110) Is Up 14.6% After Goldman Coverage Highlights Glass Cloth Dominance – Has The Bull Case Changed?
In January 2026, Goldman Sachs initiated coverage on Nitto Boseki with a Neutral rating, spotlighting its roughly 90% global share in low thermal expansion glass cloth for semiconductor package substrates.
Analysts also raised ordinary profit expectations for the year ending March 2026 amid an Apple-linked shortage of high-grade glass fiber substrate, putting Nitto Boseki’s electronic materials pricing power and upcoming February 5 guidance in sharp focus.
We’ll now examine how Nitto...