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Nitto Denko Posts Slight Sales Rise but Profit Dip, Affirms Outlook and Dividend Plan

Story Highlights
  • Nitto Denko’s nine-month revenue inched up, but operating and net profits declined slightly versus last year.
  • The company kept its full-year outlook and dividend plan, supported by a strong equity-heavy balance sheet.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nitto Denko Posts Slight Sales Rise but Profit Dip, Affirms Outlook and Dividend Plan

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Nitto Denko ( (JP:6988) ) just unveiled an update.

Nitto Denko reported modest revenue growth but lower profits for the nine months ended 31 December 2025, with sales up 1.0% year-on-year to ¥786.2 billion while operating profit fell 3.3% to ¥147.9 billion and net profit attributable to owners declined 2.7% to ¥105.7 billion, even as basic earnings per share edged up due to share count effects after a stock split. The company maintained a strong balance sheet with equity ratio above 80%, confirmed an unchanged full-year forecast calling for slight revenue and profit growth, and outlined dividends implying a total of ¥60 per share for the year to March 2026, signaling continued shareholder returns despite profit headwinds and a more moderate growth trajectory after last year’s strong rebound.

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 Japan-based diversified materials manufacturer listed on the Tokyo Stock Exchange Prime Market. The company develops and supplies a wide range of functional materials and industrial products used across electronics, automotive, medical, and other manufacturing sectors, giving it exposure to global industrial and technology demand cycles.

YTD Price Performance: -0.24%

Average Trading Volume: 2,604,232

Technical Sentiment Signal: Buy

Current Market Cap: Yen2392.4B

Learn more about 6988 stock on TipRanks’ Stock Analysis page.

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