6988 — Nitto Denko Share Price

As of Today at 19:15 UTC, shares in Nitto Denko are trading at ¥14,380. This share price information is delayed by 15 minutes.

Shares in Nitto Denko last closed at ¥14,380 and the price had moved by +69.38% over the past 365 days. In terms of relative price strength the Nitto Denko share price has outperformed the Nikkei 225 Index by +20.91% over the past year.

The overall consensus recommendation for Nitto Denko is Hold. You can view the full broker recommendation list by unlocking its StockReport.

The Nitto Denko dividend yield is 1.74% based on the trailing twelve month period.

Last year, Nitto Denko paid a total dividend of ¥250, and it currently has a trailing dividend yield of 1.74%.Looking ahead, the next dividend pay date is 2024-06-01.

We do not have data on when Nitto Denko is to next pay dividends.  The historic dividend yield on Nitto Denko shares is currently 1.74%.

To buy shares in Nitto Denko you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

As of the previous close price of ¥14,380, shares in Nitto Denko had a market capitalisation of ¥2tn.

Here are the trading details for Nitto Denko: 

• Country of listing: Japan
• Exchange: TYO
• Ticker Symbol: 6988

Based on an overall assessment of its quality, value and momentum Nitto Denko is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

The analyst consensus target price for shares in Nitto Denko is ¥12,767.  That is 11.22% below the last closing price of ¥14,380.

Analysts covering Nitto Denko currently have a consensus Earnings Per Share (EPS) forecast of ¥744 for the next financial year.

An important predictor of whether a stock price will go up is its track record of momentum.  Price trends tend to persist, so it's worth looking at them when it comes to a share like Nitto Denko. Over the past six months, its share price has outperformed the Nikkei 225 Index by +17.57%.

As of the last closing price of ¥14,380, shares in Nitto Denko were trading +29.47% higher than their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

The Nitto Denko PE ratio based on its reported earnings over the past 12 months is 17.12. The shares last closed at ¥14,380. 

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Nitto Denko's management team is headed by: 

• Hideo Takasaki - PRE
• Yasuhiro Iseyama - CFO
• Yosuke Miki - CTO
• Nobuhiro Todokoro - SME
• Yasuhito Ohwaki - SME
• Yukihiro Iizuka - MEO
• Sam Strijckmans - MEO
• Toshihiko Takayanagi - MEO
• Seiji Fujioka - SEO
• Bae-Won Lee - SEO
• Norio Sato - SEO
• Kazuki Tsuchimoto - SEO
• Atsushi Ukon - SEO
• Tatsuya Akagi - EXO
• Nobuyuki Aoki - EXO
• Kenjiro Asuma - EXO
• Yasuhiro Hayashi - EXO
• Yukihiro Horikawa - EXO
• Katsuyoshi Jo - EXO
• Norikane Nabata - EXO
• Tatsuya Ohsuka - EXO
• Scott Shu - EXO
• Hideo Takabuchi - EXO
• Tamio Fukuda - IND
• Yoichiro Furuse - IND
• Takashi Hatchoji - IND
• Wong Lai Yong - IND
• Michitaka Sawada - IND