NITTO DENKO CORPORATION (6988) Dividends
Market cap
¥2.38T
P/E ratio
16.8x
Nitto Denko manufactures specialized materials including industrial tapes, optical films, and life science products for electronics, automotive, and healthcare industries worldwide.
Latest Dividend per Share Forecast
60.00JPY
If you buy 100 shares of NITTO DENKO CORPORATION, the expected annual dividend is 6,000 JPY.
- Dividend Yield
- 1.8%
- Payout Ratio
- 33.4%
Dividend Policy
<p>Our basic policy is to provide stable profit returns to shareholders, with a target DOE (Dividend on Equity) of 4% or more. We pay dividends twice a year—interim and year-end dividends. As part of our flexible capital strategy, we also conduct share buybacks. We reinvest retained earnings in research and development and production infrastructure to support future business growth.</p>
Dividend per Share
Payout Ratio
Dividend Yield
Dividend History (Forecasts, Revisions, Actuals)
| Fiscal Year | Type | Interim | Year-End | Total | Payout Ratio |
| FY2026 | Forecast(2025/04/25) | 30 | 30 | 60 | 33.4% |
|---|---|---|---|---|---|
| FY2025 | Actual(2025/04/25) | 140 | 28 | - | 28.6% |
| Revision(2024/07/26) | 140 | 28 | - | - | |
| Revision(2024/05/24) | 140 | 28 | 280 | - | |
| Forecast(2024/04/26) | 140 | 140 | 280 | 40.0% | |
| FY2024 | Actual(2024/04/26) | 130 | 130 | 260 | 36.1% |
| Forecast(2023/04/26) | 130 | 130 | 260 | 34.5% | |
| FY2023 | Actual(2023/04/26) | 120 | 120 | 240 | 32.5% |
| Forecast(2022/04/26) | 120 | 120 | 240 | 35.5% | |
| FY2022 | Actual(2022/04/26) | 110 | 110 | 220 | 33.5% |
| Forecast(2021/04/26) | 110 | 110 | 220 | 43.4% | |
| FY2021 | Actual(2021/04/26) | 100 | 100 | 200 | 42.3% |
| Forecast(2020/10/26) | 100 | 100 | 200 | - | |
| FY2020 | Actual(2020/10/26) | 100 | 100 | 200 | - |