Nitto Denko Corporation operates within the Semiconductors and related devices sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nitto Denko with three other
companies in this sector in Japan:
Sanken Electric Co Ltd
sales of 173.65 billion Japanese Yen [US$1.60 billion]
of which 85%
was Semiconductor Device Business),
Kaga Electronics Co., Ltd.
(292.78 billion Japanese Yen [US$2.69 billion]
of which 77%
was Electronic parts), and
Restar Holdings Corp
(205.77 billion Japanese Yen [US$1.89 billion]
of which 90%
was Semiconductor and Electronic Component).
During the year ended March of 2019, sales at
Nitto Denko were ¥806.50 billion (US$7.41 billion).
decrease of 5.8%
versus 2018, when the company's sales were ¥856.26 billion.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Nitto Denko had sales
of ¥749.84 billion.
Contributing to the drop in overall sales was the 18.4% decline
in Life Sciences, from ¥30.92 billion to ¥25.22 billion.
There were also decreases in sales in
Optronics Business (down 8.0% to ¥438.53 billion)
Industrial Tape Business (down 2.1% to ¥318.60 billion)
However, these declines were partially offset by the increase in sales of
Eliminations and Corporate (up 16.0% to ¥1.12 billion)