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 2021
JPY USD Revenue 761,321M 7,178.38M Gross Profit 243,449M 2,295.44M Operating income 100,466M 947.27M Income before tax 93,295M 879.66M Net income 70,236M 662.24M EBITDA 148,416M 1,399.39M Diluted EPS 472.38 4.45 Dividends Per Share 200 1.88 Total Assets 965,901M 8,741.18M Total liabilities 249,212M 2,255.31M Total equity 715,868M 6,478.44M Operating cash flow 116,309M 1,096.66M Currency in JPY Currency in USD
Historical Data Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Revenue
767,710M
856,262M
806,495M
741,018M
761,321M
Gross Profit
239,118M
281,383M
241,887M
221,928M
243,449M
Operating income
99,730M
131,719M
89,321M
76,795M
100,466M
Income before tax
91,791M
126,168M
91,910M
69,013M
93,295M
Net income
63,454M
87,378M
66,560M
47,156M
70,236M
EBITDA
148,286M
181,002M
135,225M
126,185M
148,416M
Diluted EPS
390.44
538.41
423.14
301.07
472.38
Dividends Per Share
150
160
180
200
200
Total Assets
879,899M
937,796M
913,418M
921,900M
965,901M
Total liabilities
225,475M
243,797M
212,229M
231,693M
249,212M
Total equity
653,772M
693,278M
700,443M
689,446M
715,868M
Operating cash flow
119,939M
122,551M
98,569M
123,641M
116,309M
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Revenue
7,089.55M
7,725.73M
7,272.62M
6,815.47M
7,178.38M
Gross Profit
2,208.17M
2,538.81M
2,181.23M
2,041.17M
2,295.44M
Operating income
920.97M
1,188.45M
805.45M
706.31M
947.27M
Income before tax
847.66M
1,138.36M
828.80M
634.74M
879.66M
Net income
585.97M
788.37M
600.20M
433.71M
662.24M
EBITDA
1,369.37M
1,633.11M
1,219.40M
1,160.58M
1,399.39M
Diluted EPS
3.60
4.85
3.81
2.76
4.45
Dividends Per Share
1.38
1.44
1.62
1.83
1.88
Total Assets
7,896.42M
8,818.01M
8,252.41M
8,539.66M
8,741.18M
Total liabilities
2,023.46M
2,292.40M
1,917.41M
2,146.19M
2,255.31M
Total equity
5,867.10M
6,518.83M
6,328.25M
6,386.42M
6,478.44M
Operating cash flow
1,107.59M
1,105.73M
888.85M
1,137.18M
1,096.66M
Valuation Measures
Mar 2021
PER 20.01 ROA 7.44% ROE 9.99% Operating margin 13.19% Profit margin 9.22%
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. (10.2%)
Nikko Asset Management Co., Ltd. (5.4%)
Massachusetts Financial Services Co. (4.9%)
Daiwa Asset Management Co. Ltd. (4.8%)
Mitsubishi UFJ Financial Group, Inc. (4.4%)
Asset Management One Co., Ltd. (4.2%)
BlackRock Fund Advisors (3.2%)
The Vanguard Group, Inc. (2.5%)
Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (2.5%)
BlackRock Japan Co., Ltd. (1.8%)
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
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Nitto Denko Automotive de Mexico S de RL de CV
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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.
Competitors
DuPont de Nemours, Inc.
Great Rich Technologies Limited
Intertape Polymer Group Inc.
Benq Materials Corporation
Avery Dennison Corporation
Shanghai Yongguan Adhesive Products Corp., Ltd. Class A
Jiangsu Sidike New Materials Science & Technology Co., Ltd. Class A
NDFOS Co., Ltd.
Yem Chio Co., Ltd.
CHENG MEI MATERIALS TECHNOLOGY CORPORATION
Se Gyung Hi Tech Co., Ltd.
DuPont de Nemours, Inc.
ST PHARM CO., LTD.
Pan Asian Microvent Tech (Jiangsu) Corporation Class A
U.I. Display Co., Ltd.
United Therapeutics Corporation
Vicore Pharma Holding AB
Viking Therapeutics, Inc.
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Last Updated on 3 Dec, 2021
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