Nitto Denko Corp. Hits Day Low Amid Price Pressure, Closing at JPY 3,013.00

Mar 24 2026 06:23 PM IST
share
Share Via
Nitto Denko Corp. faced a significant stock price decline on March 23, 2026, amid a challenging trading session. Despite recent downturns, the company exhibits strong management efficiency with a return on equity of 12.05% and a robust EBIT to interest ratio, indicating solid debt servicing capabilities.
Nitto Denko Corp. Hits Day Low Amid Price Pressure, Closing at JPY 3,013.00
Nitto Denko Corp., a prominent player in the Electronics & Appliances industry, experienced a notable decline today, with its stock price dropping by 3.58% on March 23, 2026. The stock reached an intraday low of JPY 3,013.00, reflecting a challenging trading session.
In terms of performance metrics, Nitto Denko's one-day performance contrasts with the Japan Nikkei 225, which fell by 3.48%. Over the past week, the stock has decreased by 4.74%, while its one-month performance shows a significant decline of 15.2%. Year-to-date, Nitto Denko has faced a downturn of 17.28%, underperforming the Nikkei 225, which has gained 2.34% during the same period. Despite these recent challenges, Nitto Denko Corp. has demonstrated strong management efficiency, highlighted by a return on equity (ROE) of 12.05%. The company maintains a solid ability to service its debt, with a healthy EBIT to interest ratio of 78.10. While the stock has underperformed the market over the past year, it has shown resilience with a long-term performance increase of 128.68% over the last decade.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News