Nitto Denko Corporation (6988.T) stock analysis

In our weekly check, Nitto Denko Corporation is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 21 pass, warnings: 2, red flags: 2.

About Nitto Denko Corporation

Nitto Denko Corporation is a Basic Materials company (Chemicals - Specialty) based in Japan, listed on JPX as 6988.T.

What our checks show for 6988.T

Red flags

• The stock has fallen as much as 84% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 6.2 years.

Warning signs

• Analysts expect only about 5% a year of growth in revenue.
• Revenue grew only 4.3% a year over the last 3 years.

Strengths

• Debt is low: 0x equity.
• Operating profit covers interest 83.2 times over.
• The net margin rose by 1.5 points over 5 years, to 12.9%.
• The gross margin is 38% and has risen by 2.6 points: pricing power is holding.
• Operating cash flow is 1.45x net profit: the profit arrives as real cash.
• Earnings per share grew 11% a year over the last 3 years.

Next earnings report: 2026-10-27

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Questions

What grade does Nitto Denko Corporation (6988.T) have?

In our weekly check, Nitto Denko Corporation is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 21 pass, warnings: 2, red flags: 2. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 6988.T stock?

This week's biggest flags for Nitto Denko Corporation: Deep past fall, Slow recovery after falls, Weak revenue forecast. In total 4 of 25 checks show a warning or a red flag.

What does Nitto Denko Corporation do?

Nitto Denko Corporation is a Basic Materials company (Chemicals - Specialty) based in Japan, listed on JPX as 6988.T.

When does Nitto Denko Corporation report earnings next?

The next earnings report is expected on 2026-10-27. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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