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Nitto Denko CorporationTSE:6988 Stock Report

Market Cap JP¥2.3t
Share Price
JP¥3.39k
My Fair Value
JP¥3.26k
3.7% overvalued intrinsic discount
1Y46.3%
7D-1.5%
Portfolio Value
View

Nitto Denko Corporation

TSE:6988 Stock Report

Market Cap: JP¥2.3t

Nitto Denko (6988) Stock Overview

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

6988 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance4/6
Financial Health5/6
Dividends5/6

Rewards

Risk Analysis

No risks detected for 6988 from our risk checks.

6988 Community Fair Values

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Nitto Denko Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Nitto Denko
Historical stock prices
Current Share PriceJP¥3,385.00
52 Week HighJP¥3,525.00
52 Week LowJP¥2,254.50
Beta0.54
1 Month Change0.98%
3 Month Change29.15%
1 Year Change46.28%
3 Year Change100.77%
5 Year Change160.38%
Change since IPO1,020.86%

Recent News & 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

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)

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

Shareholder Returns

6988JP ChemicalsJP Market
7D-1.5%1.2%1.5%
1Y46.3%7.7%23.0%

Return vs Industry: 6988 exceeded the JP Chemicals industry which returned 7.7% over the past year.

Return vs Market: 6988 exceeded the JP Market which returned 23% over the past year.

Price Volatility

Is 6988's price volatile compared to industry and market?
6988 volatility
6988 Average Weekly Movement3.7%
Chemicals Industry Average Movement2.8%
Market Average Movement3.3%
10% most volatile stocks in JP Market7.6%
10% least volatile stocks in JP Market1.7%

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

FoundedEmployeesCEOWebsite
191825,769Hideo 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¥2.28t
Earnings (TTM)JP¥132.41b
Revenue (TTM)JP¥1.01t
17.2x
P/E Ratio
2.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6988 income statement (TTM)
RevenueJP¥1.01t
Cost of RevenueJP¥621.19b
Gross ProfitJP¥389.57b
Other ExpensesJP¥257.16b
EarningsJP¥132.41b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Oct 27, 2025

Earnings per share (EPS)196.60
Gross Margin38.54%
Net Profit Margin13.10%
Debt/Equity Ratio0.05%

How did 6988 perform over the long term?

See historical performance and comparison

Dividends

1.8%
Current Dividend Yield
29%
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 29 2025
Dividend Pay DateDec 01 2025
Days until Ex dividend11 days
Days until Dividend pay date74 days

Does 6988 pay a reliable dividends?

See 6988 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/17 19:55
End of Day Share Price 2025/09/17 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