Nitto Denko Corp
6988: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|F<> | LOCK|P<YRj | LOCK|<j%FcY |
Nitto Denko Earnings: Demand Persists, but Foreign Exchange Weighs on Results
Nitto Denko's revenue and operating income for the quarter ended June 2025 of JPY 246 billion and JPY 43 billion is one-fourth of our full-year estimates. Excluding foreign exchange-driven noise, revenue increased on higher demand from automotive and electrical manufacturers.
