Nitto Denko Co (6988)

Currency in JPY
3,193.0
+63.0(+2.01%)
Closed·
6988 is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
3,130.03,198.0
52 wk Range
2,774.04,068.0
Key Statistics
Bid/Ask
3,183.00 / 3,193.00
Prev. Close
3,130
Open
3,133
Day's Range
3,130-3,198
52 wk Range
2,774-4,068
Volume
3.07M
Average Volume (3m)
3.5M
1-Year Change
15.6046%
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
6988 Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Price Target
3,467.3
Upside
+8.59%
Members' Sentiments
Bearish
Bullish
ProTips
Holds more cash than debt on its balance sheet

Nitto Denko Co News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Analyst Ratings

5 Buy
5 Hold
1 Sell
Ratings:
11 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 3,467.3
(+8.59% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate

Earnings

Latest Release
Apr 27, 2026
EPS / Forecast
41.31 / 46.33
Revenue / Forecast
241.98B / 239.71B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 197.11%
Dividend Yield
1.92%
Industry Median 1.97%
Annualized payout
60.00
Paid unevenly
5-Years Growth
+8.45%
Growth Streak

6988 Income Statement

Compare 6988 to Peers and Sector

Metrics to compare
6988
Peers
Sector
Relationship
P/E Ratio
16.0x14.6x3.6x
PEG Ratio
21.400.310.00
Price/Book
1.9x1.1x1.6x
Price / LTM Sales
2.1x0.8x1.3x
Upside (Analyst Target)
6.5%10.5%41.6%
Fair Value Upside
Unlock12.7%2.6%Unlock

Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, Oceania, and internationally. It provides double sided tape, surface protective film, sealing materials, masking tape, materials for housing and construction, semiconductor manufacturing process products, tape for electrical and electronic equipment, fluoroplastic sheets and tape NITOFLON, fluoroplastic porous film TEMISH, porous sheet/breathable material, packaging tape, and functional thermal transfer system. The company also offers FPD/touch panel related products, and flexible printed circuit boards. In addition, it provides membrane products; medical products, including transdermal therapeutic systems, athletic tapes, medical adhesive tapes for wearable devices and body sensors, adhesive tapes, and particles for nucleic acid synthesis; and hygiene products, as well as flexible angular displacement sensor products. The company offers its products to automotive and transportation, housing/housing equipment, infrastructure, material, home appliance and electrical, display, electronic device, medical, packaging, and consumer/personal care industries. Nitto Denko Corporation was incorporated in 1918 and is headquartered in Osaka, Japan.

Industry
Chemicals
Employees
26477
Market
Japan

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
336.86M50.44%1.06T
Other Institutional Investors
98.18M14.70%307.88B
Public Companies & Retail Investors
232.78M34.86%730.01B
Total
667.82M100.00%2.09T

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Nomura Asset Management Co., Ltd.11.26%75,225,400235,906,854
BlackRock, Inc.9.50%63,469,747199,041,127

People Also Watch

14,730.0
6976
+0.34%
3,725.0
5801
+5.14%
20,300.0
4062
+4.00%
7,275.0
5713
+1.18%
5,150.0
5803
+4.29%

FAQ

What Is the Nitto Denko Co (6988) Stock Price Today?

The Nitto Denko Co stock price today is 3,193.0 JPY.

What Stock Exchange Does Nitto Denko Co Trade On?

Nitto Denko Co is listed and trades on the Tokyo Stock Exchange.

What Is the Stock Symbol for Nitto Denko Co?

The stock symbol for Nitto Denko Co is "6988."

Does Nitto Denko Co Pay Dividends? What’s The Current Dividend Yield?

The Nitto Denko Co dividend yield is 1.92%.

What Is the Nitto Denko Co Market Cap?

As of today, Nitto Denko Co market cap is 2.13T JPY.

What Is Nitto Denko Co's Earnings Per Share (TTM)?

The Nitto Denko Co EPS (TTM) is 197.1.

When Is the Next Nitto Denko Co Earnings Date?

Nitto Denko Co will release its next earnings report on Jul 28, 2026.

From a Technical Analysis Perspective, Is 6988 a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.

How Many Times Has Nitto Denko Co Stock Split?

Nitto Denko Co has split 1 times.

How Many Employees Does Nitto Denko Co Have?

Nitto Denko Co has 26477 employees.

What is the current trading status of Nitto Denko Co (6988)?

As of Jul 11, 2026, Nitto Denko Co (6988) is trading at a price of 3,193.0 JPY, with a previous close of 3,130.0 JPY. The stock has fluctuated within a day range of 3,130.0 JPY to 3,198.0 JPY, while its 52-week range spans from 2,774.0 JPY to 4,068.0 JPY.

What Is Nitto Denko Co (6988) Price Target According to Analysts?

The average 12-month price target for Nitto Denko Co is 3,467.3 JPY, with a high estimate of 4190 JPY and a low estimate of 3000 JPY. 5 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an +8.59% Upside potential.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2026 - Fusion Media Limited. All Rights Reserved.