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Nitto Denko : Financial Results First Quarter FY2022
August 05, 2022 at 03:11 am
Financial Results First Quarter FY2022
Nitto Denko Corporation
July 26, 2022
© Nitto Denko Corporation. All Rights Reserved.
Contents
Full-year Forecast for FY2022
© Nitto Denko Corporation. All Rights Reserved.
© Nitto Denko Corporation. All Rights Reserved.
Summary of Financial Results
4
Results for Q1 FY2022
Revenue 216.4 B. yen
YoY
Revenue
+12.7 B. yen
(+6.2%)
Operating
38.5 B. yen
Income
Operating
+8.8 B. yen
Income
(+29.6%)
While Information Fine Materials was particularly impacted by China city lockdown, growth was achieved for Flexible Printed Circuits and Life Science (oligonucleotide contract manufacturing)
Impact of yen weakness on operating income was 14.5 B. yen
© Nitto Denko Corporation. All Rights Reserved.
Q1 FY2021
Q1 FY2022
YoY
Change
(Apr.-Jun.)
(Apr.-Jun.)
%
Revenue
203.7
216.4
+12.7
+6.2%
Operating income
29.7
38.5
+8.8
+29.6%
Operating income
14.6%
17.8%
+3.2%
-
to revenue
Income before
29.6
38.7
+9.0
+30.5%
income taxes
Net income
20.9
26.5
+5.6
+26.8%
Yen/1US$
108.9
126.0
+17.1
+15.7%
© Nitto Denko Corporation. All Rights Reserved.
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Nitto Denko Corporation published this content on 05 August 2022 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 05 August 2022 07:10:10 UTC .
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Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
Nitto Denko Corporation specializes in the manufacturing and marketing of chemical products used as materials for industrial and electronic components. Net sales break down by family of products as follows:
- optoelectronic products (53.1%): LCD-related products, conductive films used on touch panels, semiconductor encapsulating materials, printed circuit boards, etc.;
- industrial tapes (38.4%): adhesives tapes for electronic components and hard disc drives, surface protective materials, tapes for hygienic use, etc.;
- medical and environmental materials (5.6%): transdermal drug delivery patches and seawater desalination membranes;
- other (2.9%).
More about the company
Last Close Price
14,255
JPY
Average target price
13,197
JPY
Spread / Average Target
-7.42%
Consensus
1st Jan change
Capi.
+35.12% 12.81B +11.47% 63.22B -2.37% 46.34B +14.01% 39.97B +17.83% 25.46B +7.71% 18.68B -0.57% 17.24B -21.73% 15.81B +1.57% 14.9B -19.10% 13.74B
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