Nitto Denko Corp. · TSE:6988
Nitto Denko — Investor Day (May 2026)
33 slides from Nitto Denko's investor day presentation, May 29, 2026
Slide 1: Annual Investors’ Meeting 2026
Annual Investors’ Meeting 2026 Nitto Denko Corporation Tatsuya Akagi President and COO Yasuhiro Iseyama Board Member Senior Executive Vice President, CFO Hiroyuki Katayama Vice President, CTO May 29, 2026 © Nitto Denko Corporation. All Rights Reserved.
Slide 2: Contents
Contents 2 1 Medium-Term Management Plan - Nitto RISE 2028 2 Medium to Long-Term Growth Drivers Part 1 3 Medium to Long-Term Growth Drivers Part 2 4 Financial Strategy and Capital Management Policy 5 Closing Remarks © Nitto Denko Corporation. All Rights Reserved.
Slide 3: Medium-Term Management Plan - Nitto RISE 2028
Contents 3 1 Medium-Term Management Plan - Nitto RISE 2028 © Nitto Denko Corporation. All Rights Reserved.
Slide 4: Positioning of the New Medium-Term Management Plan Nitto RISE 2028
Positioning of the New Medium-Term Management Plan 4 The second phase toward realizing our vision for 2030: a three-year period focused on creating and expanding Double Recognition 2025 2028 2030 Operating profit 183.6 Operating profit 220 Operating profit 240 billion yen billion yen billion yen or
Slide 5: Definition of Double Recognition
Flags : Products and services that are "essential" for solving social issues Definition of Double Recognition Niche Top: "Essential" Nitto products and services that have achieved the No.1 market share in niche areas LCA : Life Cycle Assessment QOL : Quality of Life 5 Highly selected products and se
Slide 6: Growth Through Double Recognition
AR: Augmented Reality Growth Through Double Recognition DDS: Drug Delivery System OCA: Optical Clear Adhesive 6 Aiming for business growth through Double recognized products and services that provide "essential" value in growth areas Double recognized Candidate Digital Interface Green Tech Human Lif
Slide 7: A Competitive Strategy Based on the Niche Top Strategy
A Competitive Strategy Based on the Niche Top Strategy 7 By adapting to a changing business environment, we maximize profit, which funds our next Niche Top products Polarizing Strategies for Each Stage and film/OCA Representative Products for automotive display CISFLEX Technology leadership delivers
Slide 8: Our System Behind Consistent Success in Creating Niche Top
Our System Behind Consistent Success in Creating Niche Top 8 Leveraging Nitto’s strengths, we maintain a cycle where Niche Top give rise to new Niche Top Nitto's Strengths Niche Speed and Perfection Next Minimal departmental barriers, Niche Top Top 1st Call with sales and engineers Double conducting
Slide 9: Business Growth Through Profit Growth and Improved Profitability
Business Growth Through Profit Growth and Improved Profitability 9 Aiming for a balanced portfolio through continued growth in existing business areas and expansion in growth areas Nitto for Everyone Nitto RISE Profitability • Creating and strengthening Niche Top products 2025 2028 FY2028 • Thorough
Slide 10: Growth Investments for Business Expansion
Growth Investments for Business Expansion 10 Strengthen existing earnings and expand profitability through strategic investment 2023-2025 Plan 2026-2028 Medium-Term Plan Capital Expenditures (263.3 billion yen) Capital Expenditures (300-400 billion yen) Human life Human life Industrial tape Industri
Slide 11: Medium to Long-Term Growth Drivers Part 1
Contents 11 2 Medium to Long-Term Growth Drivers Part 1 © Nitto Denko Corporation. All Rights Reserved.
Slide 12: Opportunities in the Digital Interface Field
AR : Augmented Reality HDD : Hard Disk Drive Opportunities in the Digital Interface Field HBM : High Bandwidth Memory BSPDN : Backside Power Delivery Network PLP : Panel Level Package CPO : Co-Packaged Optics 12 Growing business opportunities in the semiconductor field aligned Business Existing with
Slide 13: Growth Themes in the Semiconductor Segments
Growth Themes in the Semiconductor Segments 13 Capturing changes in the semiconductor industry with certainty, and advancing to the next growth phase by leveraging Nitto’s core technologies and external partnerships Target State 2030 Semiconductor substrates, package materials, etc. Roll to Roll pro
Slide 14: Themes for AI / AR Smart Glasses
Themes for AI / AR Smart Glasses 14 Leveraging our optronics technology to expand our business domains Trending toward in the smart glasses market eyeglass models AI functions w/o AI functions with image projection image projection Revenue forecast for AI / AR smart glasses VR AI smart glasses AI /
Slide 15: Initiatives for the Growing Flexible Solar Battery Market
Initiatives for the Growing Flexible Solar Battery Market 15 By leveraging the strengths of low resistivity and high transparency through Sanshin activities, we enhance energy conversion efficiency and support the growth of the solar battery market Further growth in the solar battery market Technolo
Slide 16: Initiatives for the Growing Smartphone and Foldable Device Markets
Initiatives for the Growing Smartphone and Foldable Device Markets 16 Offering Nitto’s total solutions to resolve challenges in foldable devices and smartphones Optical Clear Adhesive (OCA) revenue forecast and foldable devices Technological challenges within foldable devices Preparing to deploy res
Slide 17: Outlook for Adhesive Tapes used in High-End Smartphones
Outlook for Adhesive Tapes used in High-End Smartphones 17 Creating a new standard for functional adhesion in the high-end smartphone market centered around electric release Addressing evolving customer demands driven by market changes Revenue forecast through Nitto’s technologies Adhesive Tapes for
Slide 18: New Toyohashi Plant Driving Nitto into the Next Generation
New Toyohashi Plant Driving Nitto into the Next Generation 18 Advanced technology to enhance safety, quality, and New Toyohashi Plant productivity Electrical release tape and OCA - Leverage digital transformation and introduce highly automated equipment - Install eco-friendly equipment production ca
Slide 19: Growth of the Automotive Display Business
Growth of the Automotive Display Business 19 As display unit production and total display area rise on the back of modest growth in auto unit production and installation numbers, we will offer a diverse range of products, such as OCA and light-control ITO films, to boost revenue Transparent Display
Slide 20: Nitto-CISFLEX Supporting the Expansion of HDD Market
Nitto-CISFLEXTM Supporting the Expansion of HDD Market and 20 Higher-Capacity Storage Global data capacity forecast (source:Nitto) CISFLEXTM sales volume forecast Advancements in AI are creating new demand, storage shortages persist HAMR Multilayer (Exabyte) (12 disks) 6,000 5,000 4,000 AI Robotics
Slide 21: Medium to Long-Term Growth Drivers Part 2
Contents 21 3 Medium to Long-Term Growth Drivers Part 2 © Nitto Denko Corporation. All Rights Reserved.
Slide 22: Oligonucleotide CDMO / Synthesis Polymer Beads Business Plan
Oligonucleotide CDMO / Synthesis Polymer Beads Business Plan 22 Oligo: Oligonucleotide In addition to highly anticipated hepatitis B therapy, Tx : Therapeutics demand for polymer beads is increasing, driven by the growth of the oligo drug market Revenue forecast Large-scale projects Nitto is involve
Slide 23: Progress in the Oligo Drug Discovery Business
Progress in the Oligo Drug Discovery Business 23 Focusing on cell-targeted DDS*, which delivers cutting-edge therapeutics to patients with intractable diseases at low cost DDS: Drug Delivery System Challenges cell-targeted DDS will address Target intractable diseases ●Blood cancer ●Congenital heredi
Slide 24: The Separation Membrane Business in the Semiconductor Domain
The Separation Membrane Business in the Semiconductor Domain 24 Providing total solutions using separation membranes to enable the recycling of water and solvents essential for semiconductor manufacturing, targeting 10 B. yen in revenue by FY2030 Before Pre- Recycling treatment water - CO₂ emissions
Slide 25: Growth Strategies for the Personal Care Materials Business
Growth Strategies for the Personal Care Materials Business 25 Leverage growing demand for differentiated and environmentally friendly products to achieve sustained profitability Revenue forecast and product Synergies with Industrial Tape Innovation for improved QOL portfolio transformation Thinner m
Slide 26: Financial Strategy and Capital Management Policy
Contents 26 4 Financial Strategy and Capital Management Policy © Nitto Denko Corporation. All Rights Reserved.
Slide 27: Financial Initiatives in the New Medium-Term Management Plan
Financial Initiatives in the New Medium-Term Management Plan 27 To achieve profit growth and higher capital efficiency simultaneously, managing the balance sheet and allocating cash in a disciplined manner Profit growth Growth Operating profit: 220.0 B yen Balance growth investment (FY28 target) inv
Slide 28: Cash Allocation
Cash Allocation 28 Deploying operating cash flow and cash on hand to finance capital expenditures and shareholder returns, maintaining both at a high level Cash Allocation (Billion yen) sources When financing large-scale M&A projects Debt M&A that contribute to inorganic growth Cash Cash allocation
Slide 29: Rationale behind Balance Sheet Management
Rationale behind Balance Sheet Management 29 Setting guidance levels for cash on hand and the shareholders’ equity ratio Disciplined financial management while executing growth investments aiming for a leaner balance sheet Appropriate level: Other liabilities Three months’ worth of Consider incurrin
Slide 30: Closing Remarks
Contents 30 5 Closing Remarks © Nitto Denko Corporation. All Rights Reserved.
Slide 31: Challenges in the New Medium-Term Management Plan
Challenges in the New Medium-Term Management Plan 31 ● Customer-Driven Niche Top Strategy My belief, shaped through sales experience, is to continuously meet customer needs and be the first partner they call. I will link Nitto’s core technologies with growth markets to build No.1 share products in h
Slide 32: Enhancing Corporate Value
What We Will Carry on and Evolve Under the New Management Team 32 Valuing the strengths Nitto has cultivated over the years, we are committed to “evolution” with the aim of further enhancing our corporate value What We Will Carry on Enhancing Corporate Value Management Sanshin Niche Top Challenge Fl
Slide 33: Nitto
Nitto Innovation for Customers