Nitto Denko Corp
6988: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|$G | LOCK|$??? | LOCK|%sd%Kw# |
Nitto Denko Earnings: Demand for Materials Used in Electronics Strong, While Automotives Lag
Nitto Denko's sales and operating income in the six months to September 2025 were 2% and 14% lower than a year ago, respectively. Excluding foreign-exchange movements, revenue increased, mostly due to higher demand from smartphone and laptop manufacturers.
