Nitto Denko Corporation provided consolidated earnings guidance for the first half and fiscal year ending March 31, 2023. For the first half, the company expected net sales of JPY 490,000 million, operating income of JPY 95,000 million, net income attribute to owners of parent company to be JPY 68,000 million and basic earnings per share of JPY 459.42.

For the fiscal year, the company expected net sales of JPY 955,000 million, operating income of JPY 160,000 million, net income attribute to owners of parent company of JPY 115,000 million and basic earnings per share of JPY 776.96.