- Nitto Denko reported a first-quarter operating income of 42.65 billion yen, slightly below the estimated 43.1 billion yen.
- The company’s net income surpassed expectations, reaching 31.30 billion yen compared to the estimated 29.77 billion yen.
- Net sales were robust, hitting 246.19 billion yen, above the forecasted 241.74 billion yen.
- Industrial Tape revenue came in at 85.78 billion yen, exceeding the estimate of 85.25 billion yen.
- Optronics revenue was notably strong at 130.54 billion yen, topping the estimated 126.08 billion yen.
- Industrial Tape operating income was slightly under expectations at 9.87 billion yen against a 10.5 billion yen estimate.
- Optronics operating income also fell short with 36.76 billion yen, compared to the 37.2 billion yen forecast.
- The company forecasts for 2026 anticipate an operating income of 170.00 billion yen, just below the 172.02 billion yen projection.
- Nitto Denko expects a net income of 125.00 billion yen, which is slightly less than the estimated 126.67 billion yen.
- The forecasted net sales are at 984.00 billion yen, marginally under the estimate of 988.04 billion yen.
- The company projects a dividend of 60.00 yen, slightly above the estimated 59.83 yen.
- Current market recommendations include 8 buys, 6 holds, and 1 sell.
A look at Nitto Denko Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts have assessed Nitto Denko Corporation’s long-term prospects using Smartkarma Smart Scores. With a solid overall outlook, the company received a commendable score in Growth, Resilience, and Momentum, indicating positive future potential in these areas. Nitto Denko‘s products, ranging from sealants to materials for semiconductors, cater to industrial and electronic component needs globally through its extensive network of subsidiaries.
Furthermore, the company’s balanced scores in Value and Dividend suggest a stable financial position and a potential for dividend distribution. Nitto Denko‘s diversified product portfolio and global presence position it well for sustainable growth and resilience in the ever-evolving market landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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