Nitto Denko Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	1,028,171	1,013,878	915,139	929,036	853,448
Revenue Growth (YoY)	1.41%	10.79%	-1.50%	8.86%	12.10%
Cost of Revenue	637,408	618,365	584,280	591,592	551,059
Gross Profit	390,763	395,513	330,859	337,444	302,389
Selling, General & Admin	156,322	151,835	146,143	145,436	129,625
Research & Development	48,025	46,771	43,485	40,175	37,271
Other Operating Expenses	2,800	14,485	5,545	7,653	8,504
Operating Expenses	207,147	213,091	195,173	193,264	175,400
Operating Income	183,616	182,422	135,686	144,180	126,989
Interest Expense	-2,045	-1,137	-938	-712	-700
Interest & Investment Income	3,258	2,838	2,151	1,313	547
Earnings From Equity Investments	147	-108	34	29	42
Currency Exchange Gain (Loss)	-	-1,513	-1,288	-	1,491
Other Non Operating Income (Expenses)	-2	1,219	1,585	1,647	1,541
EBT Excluding Unusual Items	184,974	183,721	137,230	146,457	129,910
Gain (Loss) on Sale of Investments	-	-413	-11	-1,105	871
Gain (Loss) on Sale of Assets	-	2,020	1,681	1,488	1,596
Pretax Income	184,974	185,328	138,900	146,840	132,377
Income Tax Expense	51,438	48,021	36,146	37,576	35,143
Earnings From Continuing Operations	133,536	137,307	102,754	109,264	97,234
Minority Interest in Earnings	-38	-70	-75	-91	-102
Net Income	133,498	137,237	102,679	109,173	97,132
Net Income to Common	133,498	137,237	102,679	109,173	97,132
Net Income Growth	-2.72%	33.66%	-5.95%	12.40%	38.30%
Shares Outstanding (Basic)	677	701	713	739	740
Shares Outstanding (Diluted)	677	701	714	739	740
Shares Change (YoY)	-3.44%	-1.73%	-3.44%	-0.16%	-0.41%
EPS (Basic)	197.20	195.74	143.91	147.75	131.26
EPS (Diluted)	197.11	195.65	143.86	147.70	131.20
EPS Growth	0.75%	36.00%	-2.60%	12.57%	38.87%
Free Cash Flow	95,576	111,905	87,747	115,781	85,531
Free Cash Flow Per Share	141.12	159.55	122.94	156.64	115.53
Dividend Per Share	60.000	56.000	52.000	48.000	44.000
Dividend Growth	7.14%	7.69%	8.33%	9.09%	10.00%
Gross Margin	38.01%	39.01%	36.15%	36.32%	35.43%
Operating Margin	17.86%	17.99%	14.83%	15.52%	14.88%
Profit Margin	12.98%	13.54%	11.22%	11.75%	11.38%
Free Cash Flow Margin	9.30%	11.04%	9.59%	12.46%	10.02%
EBITDA	254,293	248,017	196,497	201,542	177,200
EBITDA Margin	24.73%	24.46%	21.47%	21.69%	20.76%
D&A For EBITDA	70,677	65,595	60,811	57,362	50,211
EBIT	183,616	182,422	135,686	144,180	126,989
EBIT Margin	17.86%	17.99%	14.83%	15.52%	14.88%
Effective Tax Rate	27.81%	25.91%	26.02%	25.59%	26.55%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.