Nitto Denko Corporation

TSE:6988 Stock Report

Market Cap: JP¥1.7t

Nitto Denko Future Growth

Future criteria checks 1/6

Nitto Denko is forecast to grow earnings and revenue by 2.1% and 2.4% per annum respectively. EPS is expected to grow by 2.7% per annum. Return on equity is forecast to be 11.5% in 3 years.

Key information

2.1%

Earnings growth rate

2.7%

EPS growth rate

Chemicals earnings growth13.2%
Revenue growth rate2.4%
Future return on equity11.5%
Analyst coverage

Good

Last updated08 Nov 2024

Recent future growth 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

Recent updates

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)

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

Earnings and Revenue Growth Forecasts

TSE:6988 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/20271,041,033136,913114,546201,0669
3/31/20261,005,364131,972117,379193,46611
3/31/2025981,871129,02869,911179,1497
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
3/31/2019806,49566,56038,94198,569N/A
12/31/2018826,45667,70446,228104,638N/A
9/30/2018832,88874,97461,751118,289N/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
9/30/2014778,04058,007N/A88,012N/A
6/30/2014756,40951,042N/AN/AN/A
3/31/2014749,83551,018N/A78,286N/A
12/31/2013733,67646,377N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6988's forecast earnings growth (2.1% per year) is above the savings rate (0.3%).

Earnings vs Market: 6988's earnings (2.1% per year) are forecast to grow slower than the JP market (7.9% per year).

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

Revenue vs Market: 6988's revenue (2.4% per year) is forecast to grow slower than the JP market (4.2% per year).

High Growth Revenue: 6988's revenue (2.4% 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 (11.5%).

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