Electronic Technology
Nitto Denko Corp.
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- Corporate Japan's earnings poised to slip for second year Nov 8, 2019
- Asian tech suppliers brace for prolonged downturn Jan 28, 2019 See more articles on Nitto Denko Corp.
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 2020 | JPY | USD |
| Revenue | 741,018M | 6,815.47M |
| Gross Profit | 221,928M | 2,041.17M |
| Operating income | 76,795M | 706.31M |
| Income before tax | 69,013M | 634.74M |
| Net income | 47,156M | 433.71M |
| EBITDA | 126,185M | 1,160.58M |
| Diluted EPS | 301.07 | 2.76 |
| Dividends Per Share | 200 | 1.83 |
| Total Assets | 921,900M | 8,539.66M |
| Total liabilities | 231,693M | 2,146.19M |
| Total equity | 689,446M | 6,386.42M |
| Operating cash flow | 123,641M | 1,137.18M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
| Revenue | 793,054M | 767,710M | 856,262M | 806,495M | 741,018M |
| Gross Profit | 236,204M | 239,118M | 281,383M | 241,887M | 221,928M |
| Operating income | 95,207M | 99,730M | 131,719M | 89,321M | 76,795M |
| Income before tax | 101,996M | 91,791M | 126,168M | 91,910M | 69,013M |
| Net income | 81,683M | 63,454M | 87,378M | 66,560M | 47,156M |
| EBITDA | 143,744M | 148,286M | 181,002M | 135,225M | 126,185M |
| Diluted EPS | 494.57 | 390.44 | 538.41 | 423.14 | 301.07 |
| Dividends Per Share | 140 | 150 | 160 | 180 | 200 |
| Total Assets | 825,905M | 879,899M | 937,796M | 913,418M | 921,900M |
| Total liabilities | 208,014M | 225,475M | 243,797M | 212,229M | 231,693M |
| Total equity | 614,426M | 653,772M | 693,278M | 700,443M | 689,446M |
| Operating cash flow | 140,658M | 119,939M | 122,551M | 98,569M | 123,641M |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
| Revenue | 6,604.14M | 7,089.55M | 7,725.73M | 7,272.62M | 6,815.47M |
| Gross Profit | 1,966.98M | 2,208.17M | 2,538.81M | 2,181.23M | 2,041.17M |
| Operating income | 792.83M | 920.97M | 1,188.45M | 805.45M | 706.31M |
| Income before tax | 849.37M | 847.66M | 1,138.36M | 828.80M | 634.74M |
| Net income | 680.21M | 585.97M | 788.37M | 600.20M | 433.71M |
| EBITDA | 1,197.02M | 1,369.37M | 1,633.11M | 1,219.40M | 1,160.58M |
| Diluted EPS | 4.11 | 3.60 | 4.85 | 3.81 | 2.76 |
| Dividends Per Share | 1.16 | 1.38 | 1.44 | 1.62 | 1.83 |
| Total Assets | 7,348.23M | 7,896.42M | 8,818.01M | 8,252.41M | 8,539.66M |
| Total liabilities | 1,850.74M | 2,023.46M | 2,292.40M | 1,917.41M | 2,146.19M |
| Total equity | 5,466.66M | 5,867.10M | 6,518.83M | 6,328.25M | 6,386.42M |
| Operating cash flow | 1,171.32M | 1,107.59M | 1,105.73M | 888.85M | 1,137.18M |
Valuation Measures
| Mar 2020 | |
| PER | 16.01 |
| ROA | 5.13% |
| ROE | 6.78% |
| Operating margin | 10.36% |
| Profit margin | 6.36% |
Key executives
- President, CEO, COO & Representative Director: Hideo Takasaki
- Senior Managing Executive Officer: Toshihiko Omote
- Director & Managing Executive Officer: Nobuhiro Todokoro
- Director & Managing Executive Officer: Yosuke Miki
- Director & Senior Executive Officer: Yasuhiro Iseyama
Shareholders
- Nomura Asset Management Co., Ltd. (9.6%)
- Nitto Denko Corp. (6.1%)
- Asset Management One Co., Ltd. (5.2%)
- Nikko Asset Management Co., Ltd. (5.1%)
- Daiwa Asset Management Co. Ltd. (4.3%)
- BlackRock Fund Advisors (3.1%)
- Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.8%)
- The Vanguard Group, Inc. (2.7%)
- Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (2.3%)
- BlackRock Japan Co., Ltd. (1.7%)
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
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- 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.
Competitors
- DuPont de Nemours, Inc.
- Great Rich Technologies Limited
- Avery Dennison Corporation
- Intertape Polymer Group Inc.
- Chongqing Zaisheng Technology Co Ltd
- Benq Materials Corporation
- CHENG MEI MATERIALS TECHNOLOGY CORPORATION
- DuPont de Nemours, Inc.
- U.I. Display Co., Ltd.
- Vicore Pharma Holding AB
- Viking Therapeutics, Inc.
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Last Updated on 7 Aug, 2020