6988 Stock Overview
Primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, and Oceania. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
No risks detected for 6988 from our risk checks.
My Notes
Capture your thoughts, links and company narrative
Nitto Denko Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | JP¥2,680.00 |
| 52 Week High | JP¥2,950.00 |
| 52 Week Low | JP¥1,835.60 |
| Beta | 0.71 |
| 1 Month Change | 9.86% |
| 3 Month Change | 12.20% |
| 1 Year Change | 25.23% |
| 3 Year Change | 48.56% |
| 5 Year Change | 117.18% |
| Change since IPO | 787.42% |
Recent News & Updates
These 4 Measures Indicate That Nitto Denko (TSE:6988) Is Using Debt Safely
Dec 16
Investor Optimism Abounds Nitto Denko Corporation (TSE:6988) But Growth Is Lacking
Nov 30Nitto Denko (TSE:6988) Is Experiencing Growth In Returns On Capital
Nov 15Results: Nitto Denko Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Oct 30Recent updates
These 4 Measures Indicate That Nitto Denko (TSE:6988) Is Using Debt Safely
Dec 16Investor Optimism Abounds Nitto Denko Corporation (TSE:6988) But Growth Is Lacking
Nov 30Nitto Denko (TSE:6988) Is Experiencing Growth In Returns On Capital
Nov 15Results: Nitto Denko Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Oct 30Estimating The Intrinsic Value Of Nitto Denko Corporation (TSE:6988)
Oct 10Nitto Denko (TSE:6988) Is Paying Out A Larger Dividend Than Last Year
Sep 21Nitto Denko (TSE:6988) Will Pay A Larger Dividend Than Last Year At ¥140.00
Sep 07Nitto Denko's (TSE:6988) Dividend Will Be Increased To ¥140.00
Aug 24These 4 Measures Indicate That Nitto Denko (TSE:6988) Is Using Debt Safely
Aug 23Nitto Denko's (TSE:6988) Upcoming Dividend Will Be Larger Than Last Year's
Aug 09Little Excitement Around Nitto Denko Corporation's (TSE:6988) Earnings As Shares Take 30% Pounding
Aug 06Nitto Denko (TSE:6988) Is Increasing Its Dividend To ¥140.00
Jul 26When Should You Buy Nitto Denko Corporation (TSE:6988)?
Jul 25Nitto Denko's (TSE:6988) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 11Nitto Denko's (TSE:6988) Returns Have Hit A Wall
Jun 22Some Shareholders Feeling Restless Over Nitto Denko Corporation's (TSE:6988) P/E Ratio
Jun 08Is Nitto Denko (TSE:6988) Using Too Much Debt?
Apr 21A Look At The Fair Value Of Nitto Denko Corporation (TSE:6988)
Apr 07Nitto Denko (TSE:6988) Will Pay A Dividend Of ¥130.00
Mar 14When Should You Buy Nitto Denko Corporation (TSE:6988)?
Mar 10Nitto Denko (TSE:6988) Is Due To Pay A Dividend Of ¥130.00
Feb 26Shareholder Returns
| 6988 | JP Chemicals | JP Market | |
|---|---|---|---|
| 7D | -0.8% | -0.5% | -0.6% |
| 1Y | 25.2% | 2.5% | 14.5% |
Return vs Industry: 6988 exceeded the JP Chemicals industry which returned 2.5% over the past year.
Return vs Market: 6988 exceeded the JP Market which returned 14.5% over the past year.
Price Volatility
| 6988 volatility | |
|---|---|
| 6988 Average Weekly Movement | 3.6% |
| Chemicals Industry Average Movement | 3.3% |
| Market Average Movement | 3.5% |
| 10% most volatile stocks in JP Market | 7.2% |
| 10% least volatile stocks in JP Market | 1.8% |
Stable Share Price: 6988 has not had significant price volatility in the past 3 months compared to the JP market.
Volatility Over Time: 6988's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1918 | 25,300 | Hideo Takasaki | www.nitto.com/jp/en |
Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, and Oceania. It provides double sided tapes, surface protective films, sealing materials, masking tapes, membranes, FPD/touch panel related products, gasket materials, semiconductor manufacturing process products, flexible printed circuit boards, porous films/breathable materials, and packaging tapes. The company also offers functional thermal transfer systems, such as labels, barcode label printers, and label printing software; tapes for electrical and electronic equipment; dust removal products for clean rooms; fluoroplastic sheets and tapes, and fluoroplastic porous films; and materials for housing and construction.
Nitto Denko Corporation Fundamentals Summary
| 6988 fundamental statistics | |
|---|---|
| Market cap | JP¥1.88t |
| Earnings (TTM) | JP¥138.44b |
| Revenue (TTM) | JP¥987.52b |
13.6x
P/E Ratio1.9x
P/S RatioIs 6988 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 6988 income statement (TTM) | |
|---|---|
| Revenue | JP¥987.52b |
| Cost of Revenue | JP¥604.83b |
| Gross Profit | JP¥382.69b |
| Other Expenses | JP¥244.25b |
| Earnings | JP¥138.44b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Jan 27, 2025
| Earnings per share (EPS) | 197.25 |
| Gross Margin | 38.75% |
| Net Profit Margin | 14.02% |
| Debt/Equity Ratio | 0.04% |
How did 6988 perform over the long term?
See historical performance and comparisonDividends
2.1%
Current Dividend Yield41%
Payout RatioDoes 6988 pay a reliable dividends?
See 6988 dividend history and benchmarks| Nitto Denko dividend dates | |
|---|---|
| Ex Dividend Date | Mar 28 2025 |
| Dividend Pay Date | Jun 24 2025 |
| Days until Ex dividend | 82 days |
| Days until Dividend pay date | 170 days |
Does 6988 pay a reliable dividends?
See 6988 dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 03:13 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nitto Denko Corporation is covered by 30 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Warren Lau | Aletheia Analyst Network Limited |
| Mikiya Yamada | Barclays |
| Kei Rameau | BNP Paribas Securities (Asia) |