Nitto Denko Corp. (6988) Stock Analysis | Price, Returns, Financials & Key Metrics

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

2.21 M

Shareholding (Mar 2025)

FII

0.08%

Held by 3 FIIs

DII

99.92%

Held by 0 DIIs

Promoter

0.00%

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 11.47%

Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 78.10

Flat results in Jun 25

With ROE of 13.15%, it has a very attractive valuation with a 1.77 Price to Book Value

Consistent Returns over the last 3 years

Mojo Parameters

Stock DNA

Industry

Electronics & Appliances

Market cap

JPY 2,444,685 Million (Large Cap)

P/E

13.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

-0.28

Return on Equity

12.98%

Price to Book

2.40

Revenue and Profits:

Net Sales:

235,593 Million

(Quarterly Results - Mar 2025)

Net Profit:

28,566 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

8.18%

6 Months

40.53%

1 Year

50.3%

2 Years

85.39%

3 Years

120.99%

4 Years

-56.27%

5 Years

115.85%

Nitto Denko Corp. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

Nitto Denko Corp. Hits Day Low Amid Price Pressure, Stock at JPY 3,631.00

Nitto Denko Corp. saw a notable stock price decline on October 14, 2025, reaching an intraday low. However, the company has demonstrated strong long-term performance, with a significant annual stock value increase and solid financial metrics, including a robust Return on Equity and a favorable EBIT to Interest ratio.

Nitto Denko Corp. Hits Day High with 7.86% Surge in Stock Price

Nitto Denko Corp. has demonstrated strong market performance, gaining 7.86% on October 7, 2025, and achieving an impressive annual return of 64.83%. The company maintains a solid return on equity of 12.98% and a favorable EBIT to interest ratio, reflecting its robust financial health and market position.

Nitto Denko Corp. Hits Day High with Strong 10.54% Surge

Nitto Denko Corp. has seen a notable rise in its stock price, reaching an intraday high of JPY 3,891.00 on October 6, 2025. Over the past year, the company has outperformed the Japan Nikkei 225, showcasing strong financial metrics and a significant market capitalization.

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

6.47%

EBIT Growth (5y)

20.72%

EBIT to Interest (avg)

78.10

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.35

Sales to Capital Employed (avg)

0.96

Tax Ratio

25.90%

Dividend Payout Ratio

28.61%

Pledged Shares

Institutional Holding

0.08%

ROCE (avg)

25.83%

ROE (avg)

11.47%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.77

EV to EBIT

7.53

EV to EBITDA

5.65

EV to Capital Employed

2.18

EV to Sales

1.46

PEG Ratio

Dividend Yield

ROCE (Latest)

28.91%

ROE (Latest)

13.15%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bearish

No Trend

OBV

Mildly Bullish

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2025

Shareholding Compare (%holding)

Majority shareholders

Foreign Institutions

Domestic Funds

Held in 0 Schemes (0%)

Foreign Institutions

Held by 3 Foreign Institutions (0.08%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Mar'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Mar 2025 is -8.17% vs -5.82% in Dec 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Mar 2025 is -0.58% vs -34.50% in Dec 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "235,593.00",
          "val2": "256,562.00",
          "chgp": "-8.17%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "55,850.00",
          "val2": "63,471.00",
          "chgp": "-12.01%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "991.00",
          "val2": "431.00",
          "chgp": "129.93%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "28,566.00",
          "val2": "28,732.00",
          "chgp": "-0.58%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "166.00%",
          "val2": "182.90%",
          "chgp": "-1.69%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2025 is 10.79% vs -1.50% in Mar 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is 33.63% vs -5.96% in Mar 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
          "val1": "1,013,878.00",
          "val2": "915,139.00",
          "chgp": "10.79%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "262,502.00",
          "val2": "202,042.00",
          "chgp": "29.92%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3,131.00",
          "val2": "1,160.00",
          "chgp": "169.91%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "1,631.00",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "137,307.00",
          "val2": "102,755.00",
          "chgp": "33.63%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "194.20%",
          "val2": "154.30%",
          "chgp": "3.99%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Mar'25 - QoQ

Mar'25

Dec'24

Change(%)

Net Sales

235,593.00

256,562.00

-8.17%

Operating Profit (PBDIT) excl Other Income

55,850.00

63,471.00

-12.01%

Interest

991.00

431.00

129.93%

Exceptional Items

0.00

Consolidate Net Profit

28,566.00

28,732.00

-0.58%

Operating Profit Margin (Excl OI)

166.00%

182.90%

-1.69%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Mar 2025 is -8.17% vs -5.82% in Dec 2024

Consolidated Net Profit

QoQ Growth in quarter ended Mar 2025 is -0.58% vs -34.50% in Dec 2024

All Quarterly Results

Annual Results Snapshot (Consolidated) - Mar'25

Mar'25

Mar'24

Change(%)

Net Sales

1,013,878.00

915,139.00

10.79%

Operating Profit (PBDIT) excl Other Income

262,502.00

202,042.00

29.92%

Interest

3,131.00

1,160.00

169.91%

Exceptional Items

0.00

1,631.00

-100.00%

Consolidate Net Profit

137,307.00

102,755.00

33.63%

Operating Profit Margin (Excl OI)

194.20%

154.30%

3.99%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2025 is 10.79% vs -1.50% in Mar 2024

Consolidated Net Profit

YoY Growth in year ended Mar 2025 is 33.63% vs -5.96% in Mar 2024

All Annual Results

Company CV

About Nitto Denko Corp.

Nitto Denko Corp.

Electronics & Appliances

No Details Available.

Company Coordinates

No Company Details Available

Nitto Denko Corp.

1Day

52 Week

CASH

FII

DII

Promoter

MarketsMojo — Loved in India, Now Global

Dashboard

Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 11.47%

Flat results in Jun 25

With ROE of 13.15%, it has a very attractive valuation with a 1.77 Price to Book Value

Consistent Returns over the last 3 years

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Nitto Denko Corp. Hits Day Low Amid Price Pressure, Stock at JPY 3,631.00

Nitto Denko Corp. Hits Day High with 7.86% Surge in Stock Price

Nitto Denko Corp. Hits Day High with Strong 10.54% Surge

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Mar 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - Mar'25 - QoQ

Annual Results Snapshot (Consolidated) - Mar'25

About Nitto Denko Corp.

Company Coordinates