Nitto Denko Corporation

TSE:6988 Stock Report

Market Cap: JP¥2.5t

Nitto Denko Future Growth

Future criteria checks 1/6

Nitto Denko is forecast to grow earnings and revenue by 5.5% and 3.6% per annum respectively. EPS is expected to grow by 6.9% per annum. Return on equity is forecast to be 12.3% in 3 years.

Key information

5.5%

Earnings growth rate

6.93%

EPS growth rate

Chemicals earnings growth11.4%
Revenue growth rate3.6%
Future return on equity12.34%
Analyst coverage

Good

Last updated02 Oct 2025

Recent future growth updates

Nitto Denko Corporation Just Beat EPS By 8.0%: Here's What Analysts Think Will Happen Next

Jul 30
Nitto Denko Corporation Just Beat EPS By 8.0%: Here's What Analysts Think Will Happen Next

Analysts Have Made A Financial Statement On Nitto Denko Corporation's (TSE:6988) Yearly Report

Jun 23
Analysts Have Made A Financial Statement On Nitto Denko Corporation's (TSE:6988) Yearly Report

Nitto Denko Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Jan 29
Nitto Denko Corporation Just Missed Earnings - But Analysts Have Updated Their Models

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

Recent updates

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

Sep 09
Calculating The Intrinsic Value Of Nitto Denko Corporation (TSE:6988)

Nitto Denko Corporation Just Beat EPS By 8.0%: Here's What Analysts Think Will Happen Next

Jul 30
Nitto Denko Corporation Just Beat EPS By 8.0%: Here's What Analysts Think Will Happen Next

We Think Nitto Denko (TSE:6988) Can Manage Its Debt With Ease

Jul 09
We Think Nitto Denko (TSE:6988) Can Manage Its Debt With Ease

Analysts Have Made A Financial Statement On Nitto Denko Corporation's (TSE:6988) Yearly Report

Jun 23
Analysts Have Made A Financial Statement On Nitto Denko Corporation's (TSE:6988) Yearly Report

There's Been No Shortage Of Growth Recently For Nitto Denko's (TSE:6988) Returns On Capital

Jun 13
There's Been No Shortage Of Growth Recently For Nitto Denko's (TSE:6988) Returns On Capital

Nitto Denko Corporation's (TSE:6988) Intrinsic Value Is Potentially 25% Above Its Share Price

May 29
Nitto Denko Corporation's (TSE:6988) Intrinsic Value Is Potentially 25% Above Its Share Price

Nitto Denko Corporation's (TSE:6988) Shares May Have Run Too Fast Too Soon

May 13
Nitto Denko Corporation's (TSE:6988) Shares May Have Run Too Fast Too Soon

Is Nitto Denko (TSE:6988) A Risky Investment?

Mar 17
Is Nitto Denko (TSE:6988) A Risky Investment?

We Like These Underlying Return On Capital Trends At Nitto Denko (TSE:6988)

Mar 01
We Like These Underlying Return On Capital Trends At Nitto Denko (TSE:6988)

Calculating The Fair Value Of Nitto Denko Corporation (TSE:6988)

Feb 14
Calculating The Fair Value Of Nitto Denko Corporation (TSE:6988)

Nitto Denko Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Jan 29
Nitto Denko Corporation Just Missed Earnings - But Analysts Have Updated Their Models

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

Dec 16
These 4 Measures Indicate That Nitto Denko (TSE:6988) Is Using Debt Safely

Investor Optimism Abounds Nitto Denko Corporation (TSE:6988) But Growth Is Lacking

Nov 30
Investor Optimism Abounds Nitto Denko Corporation (TSE:6988) But Growth Is Lacking

Nitto Denko (TSE:6988) Is Experiencing Growth In Returns On Capital

Nov 15
Nitto Denko (TSE:6988) Is Experiencing Growth In Returns On Capital

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)

Earnings and Revenue Growth Forecasts

TSE:6988 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/20281,089,170152,868121,121221,70110
3/31/20271,040,483141,832106,786205,31912
3/31/2026989,417127,36681,386198,78612
6/30/20251,010,760132,41289,803204,766N/A
3/31/20251,013,878137,237111,905217,908N/A
12/31/2024999,524129,768119,468215,724N/A
9/30/2024987,518138,438121,174213,341N/A
6/30/2024955,994123,639101,860175,511N/A
3/31/2024915,139102,67987,747155,521N/A
12/31/2023883,95795,00779,953146,335N/A
9/30/2023893,47189,991103,482167,502N/A
6/30/2023921,12397,902105,097171,991N/A
3/31/2023929,036109,173115,781181,702N/A
12/31/2022946,156115,000108,027174,364N/A
9/30/2022912,406108,39278,121141,917N/A
6/30/2022866,101102,72788,423151,073N/A
3/31/2022853,44897,13285,531144,489N/A
12/31/2021841,38293,02785,077141,103N/A
9/30/2021829,53591,82984,050141,124N/A
6/30/2021801,72679,04171,659125,922N/A
3/31/2021761,32170,23558,585116,309N/A
12/31/2020736,49359,60569,689126,213N/A
9/30/2020720,47048,56764,447119,964N/A
6/30/2020727,09048,91255,883113,997N/A
3/31/2020741,01847,15663,844123,641N/A
12/31/2019747,05848,53451,485113,670N/A
9/30/2019781,10260,54230,80893,936N/A
6/30/2019791,61859,67426,20187,510N/A
3/31/2019806,49566,560N/A98,569N/A
12/31/2018826,45667,704N/A104,638N/A
9/30/2018832,88874,974N/A118,289N/A
6/30/2018847,19084,197N/A126,963N/A
3/31/2018856,26287,377N/A122,551N/A
12/31/2017861,47397,586N/A129,805N/A
9/30/2017839,78490,431N/A125,703N/A
6/30/2017800,48677,000N/A117,004N/A
3/31/2017767,71063,453N/A119,939N/A
12/31/2016735,89657,469N/A112,436N/A
9/30/2016732,29656,030N/A123,118N/A
6/30/2016758,25669,893N/A135,423N/A
3/31/2016793,05481,683N/A140,658N/A
12/31/2015825,00291,422N/A137,628N/A
9/30/2015847,46393,548N/A140,921N/A
6/30/2015842,54284,403N/A120,813N/A
3/31/2015825,24377,876N/A119,481N/A
12/31/2014808,84369,320N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6988's forecast earnings growth (5.5% per year) is above the savings rate (0.5%).

Earnings vs Market: 6988's earnings (5.5% per year) are forecast to grow slower than the JP market (8.2% per year).

High Growth Earnings: 6988's earnings are forecast to grow, but not significantly.

Revenue vs Market: 6988's revenue (3.6% per year) is forecast to grow slower than the JP market (4.4% per year).

High Growth Revenue: 6988's revenue (3.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 6988's Return on Equity is forecast to be low in 3 years time (12.3%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/03 08:44
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
Annual Earnings2025/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Nitto Denko Corporation is covered by 33 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
George ChangAletheia Analyst Network Limited
Warren LauAletheia Analyst Network Limited
Mikiya YamadaBarclays