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Nitto Denko TSE:6988 Stock Report

Last Price

JP¥2.44k

Market Cap

JP¥1.7t

7D

0.1%

1Y

19.3%

Updated

04 Nov, 2024

Data

Company Financials +

6988 Stock Overview

Primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, and Oceania.

6988 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends5/6

Nitto Denko Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nitto Denko
Historical stock prices
Current Share PriceJP¥2,438.00
52 Week HighJP¥2,950.00
52 Week LowJP¥1,835.60
Beta0.78
11 Month Change2.07%
3 Month Change14.09%
1 Year Change19.28%
33 Year Change38.52%
5 Year Change98.21%
Change since IPO707.28%

Recent News & Updates

Results: Nitto Denko Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Oct 30
Results: Nitto Denko Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Estimating The Intrinsic Value Of Nitto Denko Corporation (TSE:6988)

Oct 10
Estimating The Intrinsic Value Of Nitto Denko Corporation (TSE:6988)

Recent updates

Results: Nitto Denko Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Oct 30
Results: Nitto Denko Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Estimating The Intrinsic Value Of Nitto Denko Corporation (TSE:6988)

Oct 10
Estimating The Intrinsic Value Of Nitto Denko Corporation (TSE:6988)

Nitto Denko (TSE:6988) Is Paying Out A Larger Dividend Than Last Year

Sep 21
Nitto Denko (TSE:6988) Is Paying Out A Larger Dividend Than Last Year

Nitto Denko (TSE:6988) Will Pay A Larger Dividend Than Last Year At ¥140.00

Sep 07
Nitto Denko (TSE:6988) Will Pay A Larger Dividend Than Last Year At ¥140.00

Nitto Denko's (TSE:6988) Dividend Will Be Increased To ¥140.00

Aug 24
Nitto Denko's (TSE:6988) Dividend Will Be Increased To ¥140.00

These 4 Measures Indicate That Nitto Denko (TSE:6988) Is Using Debt Safely

Aug 23
These 4 Measures Indicate That Nitto Denko (TSE:6988) Is Using Debt Safely

Nitto Denko's (TSE:6988) Upcoming Dividend Will Be Larger Than Last Year's

Aug 09
Nitto Denko's (TSE:6988) Upcoming Dividend Will Be Larger Than Last Year's

Little Excitement Around Nitto Denko Corporation's (TSE:6988) Earnings As Shares Take 30% Pounding

Aug 06
Little Excitement Around Nitto Denko Corporation's (TSE:6988) Earnings As Shares Take 30% Pounding

Nitto Denko (TSE:6988) Is Increasing Its Dividend To ¥140.00

Jul 26
Nitto Denko (TSE:6988) Is Increasing Its Dividend To ¥140.00

When Should You Buy Nitto Denko Corporation (TSE:6988)?

Jul 25
When Should You Buy Nitto Denko Corporation (TSE:6988)?

Nitto Denko's (TSE:6988) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 11
Nitto Denko's (TSE:6988) Shareholders Will Receive A Bigger Dividend Than Last Year

Nitto Denko's (TSE:6988) Returns Have Hit A Wall

Jun 22
Nitto Denko's (TSE:6988) Returns Have Hit A Wall

Some Shareholders Feeling Restless Over Nitto Denko Corporation's (TSE:6988) P/E Ratio

Jun 08
Some Shareholders Feeling Restless Over Nitto Denko Corporation's (TSE:6988) P/E Ratio

Is Nitto Denko (TSE:6988) Using Too Much Debt?

Apr 21
Is Nitto Denko (TSE:6988) Using Too Much Debt?

A Look At The Fair Value Of Nitto Denko Corporation (TSE:6988)

Apr 07
A Look At The Fair Value Of Nitto Denko Corporation (TSE:6988)

Nitto Denko (TSE:6988) Will Pay A Dividend Of ¥130.00

Mar 14
Nitto Denko (TSE:6988) Will Pay A Dividend Of ¥130.00

When Should You Buy Nitto Denko Corporation (TSE:6988)?

Mar 10
When Should You Buy Nitto Denko Corporation (TSE:6988)?

Nitto Denko (TSE:6988) Is Due To Pay A Dividend Of ¥130.00

Feb 26
Nitto Denko (TSE:6988) Is Due To Pay A Dividend Of ¥130.00

Shareholder Returns

6988JP ChemicalsJP Market
7D0.1%0.04%1.1%
1Y19.3%10.2%12.3%

Return vs Industry: 6988 exceeded the JP Chemicals industry which returned 10.2% over the past year.

Return vs Market: 6988 exceeded the JP Market which returned 12.3% over the past year.

Price Volatility

Is 6988's price volatile compared to industry and market?
6988 volatility
6988 Average Weekly Movement9.3%
Chemicals Industry Average Movement6.0%
Market Average Movement6.2%
10% most volatile stocks in JP Market10.1%
10% least volatile stocks in JP Market3.4%

Stable Share Price: 6988's share price has been volatile over the past 3 months compared to the JP market.

Volatility Over Time: 6988's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of JP stocks.

About the Company

FoundedEmployeesCEOWebsite
191825,300Hideo Takasakiwww.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

How do Nitto Denko's earnings and revenue compare to its market cap?
6988 fundamental statistics
Market capJP¥1.71t
Earnings (TTM)JP¥138.44b
Revenue (TTM)JP¥987.52b

12.4x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6988 income statement (TTM)
RevenueJP¥987.52b
Cost of RevenueJP¥604.83b
Gross ProfitJP¥382.69b
Other ExpensesJP¥244.25b
EarningsJP¥138.44b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)197.25
Gross Margin38.75%
Net Profit Margin14.02%
Debt/Equity Ratio0.04%

How did 6988 perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

41%

Payout Ratio

Does 6988 pay a reliable dividends?

See 6988 dividend history and benchmarks
When do you need to buy 6988 by to receive an upcoming dividend?
Nitto Denko dividend dates
Ex Dividend DateSep 27 2024
Dividend Pay DateNov 29 2024
Days until Ex dividend38 days
Days until Dividend pay date25 days

Does 6988 pay a reliable dividends?

See 6988 dividend history and benchmarks