Nitto Denko Corp
TSE:6988

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Nitto Denko Corp
TSE:6988
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Price: 3 846 JPY 0.08%
Market Cap: 2.6T JPY

Nitto Denko Corp
Investor Relations

Nitto Denko Corp., a trailblazer in the world of advanced material manufacturing, has carved a niche for itself by transforming everyday convenience and innovation. Rooted in its Japanese heritage, the company has evolved from its beginnings in 1918 as a modest producer of electrical insulation materials to becoming a multifaceted global powerhouse. Today, Nitto's portfolio stretches across a wide spectrum of industries, including electronics, healthcare, and automotive, each segment contributing to its diversified revenue streams. The secret to its success lies in a commitment to research and development, resulting in breakthrough products like polarizing films for LCD screens, which are indispensable to the visual clarity of digital devices, and specialized adhesives that find applications in automotive and medical fields.

What sets Nitto Denko apart is its ability to anticipate market demands and innovate accordingly. The company's revenue generation can be attributed to its robust production of advanced optical films and industrial tapes, both critical components in consumer electronics and automotive manufacturing. Additionally, its investment in life sciences has led to lucrative ventures in transdermal drug delivery systems, showcasing its adaptability in the healthcare sector. By leveraging its technological expertise and strategic foresight, Nitto continues to maintain a competitive edge, ensuring steady growth and sustainability in rapidly evolving markets.

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Last Earnings Call
Fiscal Period
Q4 2019
Call Date
Apr 26, 2019
AI Summary
Q4 2019

Revenue Decline: FY 2018 net sales fell 5.9% year-on-year to JPY 806.5 billion, driven by lower sales volume and price reductions.

Profit Drop: Operating profit decreased by 26.2% to JPY 92.8 billion, and net profit declined 23.8% to JPY 66.6 billion, mainly due to volume, pricing, and cost pressures.

2019 Guidance: FY 2019 guidance is for further declines: net sales to JPY 790 billion (down 2%), operating profit to JPY 85 billion (down 8.4%), and net profit to JPY 62 billion (down 6.9%).

Segment Variance: Industrial Tape expected to grow slightly in sales and jump in profit, while Optronics and Life Science are forecast to decline.

Capital & R&D Investment: Record-high capital investment of JPY 75 billion and R&D spending of JPY 33 billion planned to support growth themes and new business development.

Increased Dividend: Annual dividend for FY 2019 planned at JPY 200 per share, up JPY 20 from the previous year.

Strategic Focus: Emphasis on next-generation mobility, information interface, and life sciences, with ongoing investments in product and technology innovation.

Key Financials
Net Sales
JPY 806.5 billion
Operating Profit
JPY 92.8 billion
Net Profit
JPY 66.6 billion
Industrial Tape Net Sales
JPY 360 billion
Industrial Tape Operating Profit
JPY 40 billion
Optronics Net Sales
JPY 410 billion
Optronics Operating Profit
JPY 50 billion
Life Science Net Sales
JPY 26.5 billion
Capital Investment
JPY 75 billion
R&D Expenses
JPY 33 billion
Dividend per Share
JPY 200
Other Earnings Calls
2019

Management

Mr. Hideo Takasaki
CEO, President, COO & Chairperson
No Bio Available
Mr. Yasuhiro Iseyama
Senior EVP, CFO, GM of Corporate Accounting, Finance Division & Export Control Center and Director
No Bio Available
Mr. Yosuke Miki
Senior EVP, CTO, GM of Corporate Technology Sector & Director
No Bio Available
Mr. Yasuhito Ohwaki
Senior EVP, CHRO, GM of Corporate Human Resources Division & Director
No Bio Available
Yasuhiro Hayashi
Senior VP and GM of Legal & Compliance Division
No Bio Available
Naoki Makino
VP & GM of Sales Management Division
No Bio Available
Mr. Seiji Fujioka
Executive VP. GM of South Asia, India, & Oceania Rep Direc, Nitto Denko (Singapore) Pte.Ltd.
No Bio Available
Kazuki Tsuchimoto
Executive VP & GM of Production Division
No Bio Available
Mr. Atsushi Ukon
Senior Vice President
No Bio Available
Bae-Won Lee
Senior VP & GM of South Korea
No Bio Available

Contacts

Address
OSAKA-FU
Osaka
33F, Grand Front Osaka Tower A, 4-20, Ofuka-cho, Kita-ku
Contacts
+81676322101.0
www.nitto.com