Market Closed -
Japan Exchange
02:00:00 2024-04-26 am EDT
5-day change
1st Jan Change
14,255
JPY
+2.41%
+3.64%
+35.12%
Nitto Denko : Financial Results First Quarter FY2023
August 07, 2023 at 03:19 am EDT
Financial Results First Quarter FY2023
Nitto Denko Corporation
July 26, 2023
© Nitto Denko Corporation. All Rights Reserved.
Contents
Full-year Forecasts for FY2023
© Nitto Denko Corporation. All Rights Reserved.
© Nitto Denko Corporation. All Rights Reserved.
Summary of Financial Results
4
Results of 1Q FY2023
Revenue
-7.9 B. yen
(-3.7%)
Revenue and operating income of Industrial Tape and Optronics decreased
For Human Life, revenue increased, but operating income decreased
Impact of yen weakness on operating income was 45.0 B. yen
© Nitto Denko Corporation. All Rights Reserved.
1Q FY2023 Results
5
(Billion yen)
1Q FY2022
1Q FY2023
YoY
(Apr.-Jun.)
(Apr.-Jun.)
%
Revenue
216.4
208.5
-7.9
-3.7%
Operating income
38.5
22.4
-16.1
-41.8%
Operating income
17.8%
10.8%
-7.1%
－
to revenue
Income before
38.7
22.2
-16.5
-42.7%
income taxes
Net income
26.4
15.2
-11.3
-42.6%
attributable to owners of
the parent company
Yen/1US$
126.0
135.1
+9.1
+7.2%
© Nitto Denko Corporation. All Rights Reserved.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Nitto Denko Corporation published this content on 07 August 2023 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 07 August 2023 07:18:08 UTC .
Nitto Denko Corporation Announces Year End Dividend for the Year Ended March 31, 2024, Payable on June 24, 2024; Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2025
Apr. 26
CI
Nitto Denko Corporation Provides Earnings Guidance for the First Half and Full Fiscal Year Ending March 31, 2025
Apr. 26
CI
Nitto Denko Buys Back 5 Billion Yen of Shares in March
Apr. 11
MT
Tranche Update on Nitto Denko Corporation's Equity Buyback Plan announced on January 26, 2024.
Apr. 11
CI
Nitto Denko Buys Back 10 Billion Yen Worth of Shares in February
Mar. 12
MT
Earnings, Regulatory Outlooks Lift Asian Stock Markets.
Jan. 29
MT
Nitto Denko’s Attributable Profit Slips 2.6% in Fiscal Nine Months on Lower Sales
Jan. 28
MT
Nitto Denko Corporation announces an Equity Buyback for 3,000,000 shares, representing 2.1% for ¥30,000 million.
Jan. 26
CI
Nitto Denko Corporation authorizes a Buyback Plan.
Jan. 25
CI
Nitto Denko’s Attributable Profit Down 30.3% in Fiscal on Declining Revenue
23-10-27
MT
Nitto Denko Corporation Provides Earnings Guidance for the Fiscal Year Ending March 2024
23-10-26
CI
Nitto Denko Corporation Announces Dividend for the Six Months Ended September 30, 2023, Payable on November 24, 2023; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024
23-10-26
CI
Nitto Denko to Cancel Treasury Shares
23-08-31
MT
Japanese Shares Close Higher on Gains by PI, Shipbuilding, Banking Sectors; Nitto Denko Adds 1%
23-08-31
MT
Nomura Adjusts Nitto Denko's Price Target to 8,960 Yen From 8,390 Yen, Keeps at Neutral
23-08-01
MT
Tranche Update on Nitto Denko Corporation's Equity Buyback Plan announced on January 26, 2023.
23-07-28
CI
Nitto Denko Corporation's Equity Buyback announced on January 26, 2023, has closed with 5,514,400 shares, representing 3.76% for ¥49,999.66 million.
23-07-26
CI
Nitto Denko Corporation Reports Earnings Results for the First Quarter Ended June 30, 2023
23-07-26
CI
Nitto Denko Corporation Provides Earnings Guidance for the First Half Ending September 2023 and Fiscal Year Ending March 2024
23-07-26
CI
Nitto Denko Corporation Provides Dividend Guidance for the Second Quarter and Fiscal Year Ending March 31, 2024
23-07-26
CI
Nitto Repurchases 760,000 Common Stock for Eight Billion Yen From June 1 to June 30
23-07-12
MT
Tranche Update on Nitto Denko Corporation's Equity Buyback Plan announced on January 26, 2023.
23-07-12
CI
Nitto Denko to Allot Shares as Remuneration
23-06-26
MT
Nitto Denko Buys Back 9 Billion Yen of Shares in May
23-06-13
MT
Fast Retailing, trading houses lift Japan's Nikkei to 33-year high
23-06-06
RE
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
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%).
More about the company
Last Close Price
14,255
JPY
Average target price
13,197
JPY
Spread / Average Target
-7.42%
Consensus
1st Jan change
Capi.
+35.12% 12.81B +11.47% 63.22B -3.47% 46.34B +13.72% 39.97B +17.83% 25.46B +7.27% 18.68B -0.57% 17.24B -21.73% 15.81B +0.22% 14.9B -19.10% 13.74B
Other Specialty Chemicals
+951% of historical
More than 20 years
Our Experts
OUR EXPERTS ARE HERE FOR YOU
Monday - Friday 9am-12pm / 2pm-6pm GMT + 1
NITTO DENKO CORPORATION 
