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Nitto Denko ( (JP:6988) ) has issued an announcement.
Nitto Denko reported modest top-line growth for the year ended March 31, 2026, with revenue up 1.4% to ¥1.03 trillion, while operating profit slipped 1.1% and net profit attributable to owners fell 2.7%, reflecting margin pressure despite stable earnings per share after a stock split. The group maintained a strong balance sheet with an equity ratio near 80%, robust operating cash flow of ¥192.2 billion and increased annual dividends to ¥60 per share, while forecasting mid-single-digit growth in revenue and profit for fiscal 2027 and a further dividend increase, underscoring a continued emphasis on shareholder returns and financial stability.
The most recent analyst rating on (JP:6988) stock is a Buy with a Yen4600.00 price target. To see the full list of analyst forecasts on Nitto Denko stock, see the JP:6988 Stock Forecast page.
More about Nitto Denko
Nitto Denko Corporation is a diversified Japanese materials manufacturer listed on the Tokyo Stock Exchange Prime Market. The company develops and supplies functional materials such as industrial tapes, electronic materials and related products used across automotive, electronics, medical and other industrial applications worldwide.
YTD Price Performance: -14.17%
Average Trading Volume: 3,717,491
Technical Sentiment Signal: Buy
Current Market Cap: Yen2038.7B
For detailed information about 6988 stock, go to TipRanks’ Stock Analysis page.