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Electronic Technology

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 JPYUSD
Revenue741,018M6,815.47M
Gross Profit221,928M2,041.17M
Operating income76,795M706.31M
Income before tax69,013M634.74M
Net income47,156M433.71M
EBITDA126,185M1,160.58M
Diluted EPS301.072.76
Dividends Per Share2001.83
Total Assets921,900M8,539.66M
Total liabilities231,693M2,146.19M
Total equity689,446M6,386.42M
Operating cash flow123,641M1,137.18M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 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 2016Mar 2017Mar 2018Mar 2019Mar 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
PER16.01
ROA5.13%
ROE6.78%
Operating margin10.36%
Profit margin6.36%

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

  • Kinovate Life Sciences, Inc.
  • 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.

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.
Last Updated on 7 Aug, 2020

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