Nitto Denko Co (6988)

Currency in JPY
3,555.0
+38.0(+1.08%)
Closed·
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Fair Value
Day's Range
3,512.03,587.0
52 wk Range
2,882.54,068.0
Key Statistics
Bid/Ask
3,553.00 / 3,570.00
Prev. Close
3,517
Open
3,555
Day's Range
3,512-3,587
52 wk Range
2,882.5-4,068
Volume
2.44M
Average Volume (3m)
3.4M
1-Year Change
8.5165%
Fair Value
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Fair Value Upside
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6988 Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
3,711.7
Upside
+4.41%
Members' Sentiments
Bearish
Bullish
ProTips
Holds more cash than debt on its balance sheet

Nitto Denko Co News & Analysis

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Technical Analysis

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

Analyst Ratings

6 Buy
5 Hold
1 Sell
Ratings:
12 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 3,711.7
(+4.41% Upside)

Earnings

Latest Release
28/07/2026
EPS / Forecast
50.75 / 95.85
Revenue / Forecast
271.67B / 255.55B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 202.24%
Dividend Yield
1.74%
Industry Median 2.14%
Annualised payout
62.00
Paid unevenly
5-Years Growth
+8.45%
Growth Streak

Compare 6988 to Peers and Sector

Metrics to compare
6988
Peers
Sector
Relationship
P/E Ratio
17.4x14.5x3.9x
PEG Ratio
2.670.340.00
Price/Book
2.1x1.3x1.6x
Price / LTM Sales
2.2x0.9x1.3x
Upside (Analyst Target)
2.7%−0.5%34.5%
Fair Value Upside
Unlock4.3%−0.1%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
284.18M42.78%1.01T
Other Institutional Investors
150.53M22.66%535.14B
Public Companies & Retail Investors
229.51M34.55%815.92B
Total
664.22M100.00%2.36T

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Nomura Asset Management Co., Ltd.11.33%75,225,400267,426,297
BlackRock, Inc.9.63%63,962,147227,385,433

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FAQ

What Is the Nitto Denko Co (Tokyo: 6988) Share Price Today?

The Nitto Denko Co stock price today is 3,555.0 JPY.

What Stock Exchange Does Nitto Denko Co (6988) Trade On?

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

What Is the Ticker (Stock Symbol) for Nitto Denko Co?

The stock symbol (also called a 'ticker') for Nitto Denko Co is "6988."

Does Nitto Denko Co Pay Dividends? What’s The Current 6988 Dividend Yield?

Yes, 6988 Pays Dividends to its Shareholders. The current Nitto Denko Co dividend yield is 1.74%.

What Is the Current Nitto Denko Co Market Capitalisation?

As of today, Nitto Denko Co (Tokyo: 6988) market cap is 2.36T JPY.

What Is Nitto Denko Co's (6988) Earnings Per Share (TTM)?

The Nitto Denko Co EPS is currently 202.2 (Trailing Twelve Months).

When Is the Next Nitto Denko Co Earnings Date?

Nitto Denko Co's next earnings report will be released on 22/10/2026.

Is 6988 a Buy or Sell From a Technical Analyst Perspective?

Based on today's Nitto Denko Co moving averages and other technical indicators, the daily buy/sell signal for 6988 stock is Strong Buy.

How Many Times Has Nitto Denko Co Stock Split?

Nitto Denko Co has split 1 times. (See the 6988 stock split history page for full effective split date and price information.)

How Many Employees Does Nitto Denko Co Have?

Nitto Denko Co has 26477 employees, based on their latest Companies House report.

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

As of 11/08/2026, Nitto Denko Co (6988) is trading at a share price of 3,555.0 JPY, with a previous close of 3,517.0 JPY. The stock has fluctuated within a day range of 3,512.0 JPY to 3,587.0 JPY, while its 52-week range spans from 2,882.5 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 3,711.7 JPY, with a high estimate of 4500 JPY and a low estimate of 3000 JPY. 6 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an +4.41% Upside potential.
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