Company Nitto Denko Corporation

Equities

6988

JP3684000007

Specialty Chemicals

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
14,255 JPY +2.41% Intraday chart for Nitto Denko Corporation +3.64% +35.12%

Business Summary

Nitto Denko Corporation specializes in the manufacturing and marketing of chemical products used as materials for industrial and electronic components. Net sales break down by family of products as follows:

- optoelectronic products (53.1%): LCD-related products, conductive films used on touch panels, semiconductor encapsulating materials, printed circuit boards, etc.;

- industrial tapes (38.4%): adhesives tapes for electronic components and hard disc drives, surface protective materials, tapes for hygienic use, etc.;

- medical and environmental materials (5.6%): transdermal drug delivery patches and seawater desalination membranes;

- other (2.9%).

Number of employees: 26,070

Sales per Business

JPY in Million2022Weight2023Weight Delta
Optronics
50.5 %
452,332 53.0 % 469,330 50.5 % +3.76%
Industrial Tape
36.0 %
327,617 38.4 % 334,456 36.0 % +2.09%
Human Life
13.3 %
47,699 5.6 % 123,974 13.3 % +159.91%
Reconciling Items
0.1 %
1,204 0.1 % 1,270 0.1 % +5.48%
Others
0.0 %
24,594 2.9 % 4 0.0 % -99.98%

Sales per region

JPY in Million2022Weight2023Weight Delta
China
35.3 %
304,511 35.7 % 328,003 35.3 % +7.71%
Asia and Oceania
28.3 %
257,460 30.2 % 262,654 28.3 % +2.02%
Japan
17.7 %
169,822 19.9 % 164,350 17.7 % -3.22%
Americas
10.1 %
72,075 8.4 % 93,779 10.1 % +30.11%
Europe
8.2 %
47,969 5.6 % 76,478 8.2 % +59.43%
Others
0.4 %
1,610 0.2 % 3,770 0.4 % +134.16%

Managers

Managers TitleAgeSince
Chief Executive Officer 70 78-03-31
Director of Finance/CFO 62 91-05-31
Chief Tech/Sci/R&D Officer 58 93-03-31
Comptroller/Controller/Auditor 62 85-03-31
Corporate Officer/Principal - -
Comptroller/Controller/Auditor 70 78-03-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 82 07-05-31
Director/Board Member 77 15-05-31
Director/Board Member 68 21-05-31
Chief Executive Officer 70 78-03-31
Director/Board Member 60 22-05-31
Chief Tech/Sci/R&D Officer 58 93-03-31
Director of Finance/CFO 62 91-05-31
Director/Board Member 75 18-05-31
Director/Board Member 52 20-05-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 143,551,735 140,479,728 ( 97.86 %) 1,000,182 ( 0.6967 %) 97.86 %

Shareholders

NameEquities%Valuation
Nomura Asset Management Co., Ltd.
10.08 %
14,473,600 10.08 % 1 318 M ¥
Nikko Asset Management Co., Ltd.
5.590 %
8,024,600 5.590 % 731 M ¥
BlackRock Fund Advisors
3.358 %
4,820,620 3.358 % 439 M ¥
MFS International (UK) Ltd.
3.030 %
4,349,100 3.030 % 396 M ¥
BlackRock Japan Co. Ltd.
2.685 %
3,854,500 2.685 % 351 M ¥
Mitsubishi UFJ Asset Management Co., Ltd.
2.654 %
3,809,800 2.654 % 347 M ¥
2,104,272 1.466 % 192 M ¥
Nippon Life Insurance Co.
1.450 %
2,082,000 1.450 % 190 M ¥
931,700 0.6490 % 85 M ¥
BlackRock (Netherlands) BV
0.6206 %
890,813 0.6206 % 81 M ¥
NameEquities%Valuation
Domini Impact Investments LLC
0.003419 %
9,817 0.003419 % 446 762 ¥
RhumbLine Advisers LP
0.001417 %
4,068 0.001417 % 185 131 ¥
Danske Capital Finland Ltd.
0.001184 %
3,400 0.001184 % 154 731 ¥
UBS Asset Management (Canada) Inc.
0.000543 %
1,560 0.000543 % 70 994 ¥
GAMMA Investing LLC
0.000431 %
1,238 0.000431 % 56 340 ¥
PNC Investments LLC
0.000011 %
32 0.000011 % 1 456 ¥

Holdings

NameEquities%Valuation
2,104,272 1.47% 191,594,492 $
144,000 0.01% 2,686,946 $
26,000 0.00% 651,439 $

Company contact information

Nitto Denko Corp.

Grand Front Osaka Tower A, 33/F 4-20 Ofuka-cho

530-0011, Osaka

+81 6 7632 2101

http://www.nitto.com/jp/ja/
address Nitto Denko Corporation(6988)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
13,920 JPY
Average target price
13,222 JPY
Spread / Average Target
-5.02%
Consensus
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