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Process Industries

Nitto Denko Corp.

  • 4,864.00 JPY
  • -51.00
  • -1.04%
  • Japan
    Aug 19, 2019
  • Ticker
    TKS(6988)
  • Prev. close
    4,915
  • Market cap (JPY)
    780,297.75M
  • Market cap (USD)
    7,323.64M
  • Shares
    158.75M

Business Summary

Nitto Denko Corp. engages in the manufacture and sale of adhesives, optical films, semiconductors, electronic devices, and consumer products. It operates through the following segments: Industrial Tape, Optronics, Life Science, and Others. The Industrial Tape segment manufactures and sells sealing, protective, and packaging products as well as automobile materials. The Optronics segment produces liquid crystal display products, semiconductor devices, printed circuits, and functional materials. The Life Science segment offers medical-related products. The Others segment deals with polymer membranes. The company was founded on October 25, 1918 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue806,495M7,272.62M
Gross Profit241,887M2,181.23M
Operating income89,321M805.45M
Income before tax91,910M828.80M
Net income66,560M600.20M
EBITDA135,225M1,219.40M
Diluted EPS423.143.81
Dividends Per Share1801.62
Total Assets913,418M8,252.41M
Total liabilities212,229M1,917.41M
Total equity700,443M6,328.25M
Operating cash flow98,569M888.85M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 825,243M 793,054M 767,710M 856,262M 806,495M
Gross Profit 237,705M 236,204M 239,118M 281,383M 241,887M
Operating income 100,789M 95,207M 99,730M 131,719M 89,321M
Income before tax 105,947M 101,996M 91,791M 126,168M 91,910M
Net income 77,876M 81,683M 63,454M 87,378M 66,560M
EBITDA 146,451M 143,744M 148,286M 181,002M 135,225M
Diluted EPS 470.85 494.57 390.44 538.41 423.14
Dividends Per Share 120 140 150 160 180
Total Assets 855,433M 825,905M 879,899M 937,796M 913,418M
Total liabilities 239,657M 208,014M 225,475M 243,797M 212,229M
Total equity 612,016M 614,426M 653,772M 693,278M 700,443M
Operating cash flow 119,481M 140,658M 119,939M 122,551M 98,569M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 7,512.00M 6,604.14M 7,089.55M 7,725.73M 7,272.62M
Gross Profit 2,163.77M 1,966.98M 2,208.17M 2,538.81M 2,181.23M
Operating income 917.46M 792.83M 920.97M 1,188.45M 805.45M
Income before tax 964.41M 849.37M 847.66M 1,138.36M 828.80M
Net income 708.88M 680.21M 585.97M 788.37M 600.20M
EBITDA 1,333.11M 1,197.02M 1,369.37M 1,633.11M 1,219.40M
Diluted EPS 4.28 4.11 3.60 4.85 3.81
Dividends Per Share 1.09 1.16 1.38 1.44 1.62
Total Assets 7,133.06M 7,348.23M 7,896.42M 8,818.01M 8,252.41M
Total liabilities 1,998.39M 1,850.74M 2,023.46M 2,292.40M 1,917.41M
Total equity 5,103.32M 5,466.66M 5,867.10M 6,518.83M 6,328.25M
Operating cash flow 1,087.60M 1,171.32M 1,107.59M 1,105.73M 888.85M

Valuation Measures

Mar 2019
PER13.73
ROA7.19%
ROE9.55%
Operating margin11.07%
Profit margin8.25%

Key executives

  • President, CEO, COO & Representative Director: Hideo Takasaki
  • CFO, Director & Senior Managing Executive Officer: Toru Takeuchi
  • Representative Director, CIO & CTO: Toshiyuki Umehara
  • Executive Officer: Yasuhiro Iseyama
  • Senior Managing Executive Officer: Toshihiko Omote

Shareholders

  • Nomura Asset Management Co., Ltd. (9.9%)
  • Asset Management One Co., Ltd. (5.2%)
  • Nikko Asset Management Co., Ltd. (5.1%)
  • Daiwa Asset Management Co. Ltd. (3.9%)
  • BlackRock Fund Advisors (3.6%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.8%)
  • The Vanguard Group, Inc. (2.5%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (2.3%)
  • BlackRock Japan Co., Ltd. (1.9%)
  • Nitto Denko Corp. (1.1%)

Contact Details

  • Website:http://www.nitto.co.jp
  • Address: Grand Front Osaka Tower A, 33/F, 4-20 Ofuka-cho, Osaka, 530-0011, Japan
  • Phone: +81.6.7632.2101

Related Companies

  • K-Active Europe GmbH
  • Nitto Denko Restricted Stock Compensation Plan
  • Nitto Belgium NV
  • Permacel Tape Corp.
  • Nitto, Inc.
  • Nitto Denko Automotive, Alabama LLC
  • Nitto EMEA NV
  • Nitto Denko Europe Technical Centre SARL
  • Zensorium Pte Ltd.
  • Nitto Shinko (Suzhou) Co., Ltd.
  • Nitto (China) New Materials Co. Ltd.
  • NITTO JOKASO Vietnam Co. Ltd.
  • Nitto Denko Czech sro
  • Nitto Denko Nitoms Korea Co., Ltd.
  • Nistem Precision, Inc.
  • Nitto Denko Automotive de Mexico S de RL de CV
  • Nitto Denko Automotive, Inc.
  • Nissho Precision (Vietnam) Co. Ltd.
  • Nissho Precision Philippines, Inc.
  • Suzhou Nitto Matex Electronics Co. Ltd.
  • Nissho Precision (Thailand) Co. Ltd.
  • Shenzhen Nitto Optical Co. Ltd.
  • Nitto Matex (Shenzhen) Co. Ltd.
  • Nissho Precision (Dongguan) Co. Ltd.
  • Nitto Denko India Pvt Ltd.
  • Nitto Denko UK Ltd.
  • Nissho (Dalian F.T.Z.) International Trading Co. Ltd.
  • Shanghai Nitto Optical Co. Ltd.
  • Nissho Precision (Wuxi) Co. Ltd.
  • Nitto Denko Materials (Shenzhen) Co. Ltd.

Competitors

  • DuPont de Nemours, Inc.
  • Great Rich Technologies Limited
  • Avery Dennison Corporation
  • Intertape Polymer Group Inc.
  • Benq Materials Corporation
  • U.I. Display Co., Ltd.
  • Viking Therapeutics, Inc.
Last Updated on 19 Aug, 2019

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