NITTO DENKO CORPORATION [6988.T]
TOKYO, Apr 27 (Pulse News Wire) – Nitto Denko Corporation (6988.T) reported fiscal year 2025 revenue of ¥1,028.2 billion, up 143% from the previous year. However, net profit fell 37%, reaching ¥1.21 billion due to increased expenses related to manufacturing site consolidations and asset impairments.
Operating profit also declined by 21% to ¥183.6 billion compared to the previous year. In its key segments, Industrial Tape saw a significant increase in sales, contributing to overall growth. Optoelectronics experienced a decline in operating income, while Human Life showed mixed results with some product lines performing well but others facing challenges.
Capital expenditures for the fiscal year amounted to ¥930 billion, with plans for continued investment in research and development. For fiscal year 2026, Nitto Denko forecasts revenue to reach ¥1,065 billion, marking a 368 billion yen increase from the previous year. The company expects operating profit to rise by 94 billion yen to ¥193 billion, driven by ongoing cost optimization efforts and strategic investments.
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